/biz/ - Business & Finance

>>25500185
Just cooling off before the next rally

>>25500185
>using the corona crash as the first sell off

>>25500218
denial phase confirmed

you can fit this identically to the begging of the 2017 bull run as well. zoom out and use a log scale you retard.

or alternatively, stay poor.

>>25500185
it's actually not the same, on the left image the circle farther to the left is higher than the 2nd one unlike in the 2nd image. I would agree with your point but there's massive buyer volume so I think this shitcoin will continue pumping lmao

it's coming

>>25500252
This.

>>25500302
>you can fit this identically to the begging of the 2017 bull run as well.

yeah that's my whole point you fucking imbecile

we are in the typical phase where it's the first bear trap, everyone is spamming this chart like we were in early 2017.
Lmao you guys are ridiculous. You think crypto is about to pop for good when it's not even 1T market cap?
Do you know what a bubble is?

>>25500350
*beginning

it did almost a 10x from that point are you retarded?

seriously niggers I fucking wish this coin would die but look at the volume. Volume stayed the same during the huge dip yet as soon as we hit the bottom volume spikes up and we end up with green candles. It's going back up don't get cucked

Anyone that thinks $34k is the top is a retard

>>25500362
>Do you know what a bubble is?

Mass speculative buying over the fair value trend. You know, like it has been for the past two months since it has left the regression channel around 16k

>>25500185
Duh this time it's a completely new paradigm - price only goes up because of institutional money.
They are nice enough to tell everyone beforehand so we can buy and dump on them. Isn't that glorious?

>>25500329
If only Reddit would rope.

>>25500451
>this time it's different

>>25500448
You're the same type of retard that sold everything when ETH hit 95$ after being 7-10$ 2 month ago.
The price was way above the fundamentals !!!

kek welcome to insanity son. We're at 20% of the way

>>25500392
>l-look at 2017 chart!

2017 chart is identical
2017 ended up with crash
2020 chart is identical on the same candle scale

>i-its the "beggining" of the bull run

oh yeah I'm definetly going to assume market position based on 1 hour charts instead of weekly charts

you.are.in.denial.

>>25500252
>>25500218
holy fuck it's true, denial confirmed.

What's the buy price for the bull trap bottom?

this time is exactly the same. we will do another 10x from here minimum. I expect a lot of you bears and swingies to rope along the way.

>>25500532
the 2017 chart is identical AT THE POINT WHERE BITCOIN WAS $2500. yeah this run will end in a crash, but not before 200k at the very minimum lmao

>>25500252
>this rally will fail like all the others

>>25500532
>oh yeah I'm definetly going to assume market position based on 1 hour charts instead of weekly charts

you are right, I also wouldn't trust an hourly chart for a longer term position but if this pumps again all it means is that there will be one more green candle on the weekly chart before the real big dump. If this was the real dump you would notice massive volume, instead it's going towards buying so I think it's got some steam left before correcting for real. It still looks too good on the weekly chart.

>>25500185
Stage of denial,
Bargaining

>>25500185
We are in the "awareness phase", at "first sell off"/bear trap".
If you dont understand this ngmi.

>>25500218
yup...that's denial right there

>>25500532
You are a nigger, you are the most blackest retarded gorilla nigger on the board.

>>25500608
that would not be on the same time scale, what the fuck man how delusional are you?

i could find you a million unique "first sell" on hourly charts. some people cannot be saved i guess.

>>25500185
post your short bobo

bear trap

>>25500768
i posted a weekly chart you absolute muppet. you are embarrasing yourself anon

>>25500185
this except there was never any smart money

>>25500728
>blackest
colour black does not have shades
keep posting, i will continue educating you

>>25500880
lmao did you try zooming out? do that and then tell me what you see

>>25500817
tether is cashing out to proof their networth, never seen a more clear bull trap in my life. and seems like it's working

>>25500185
Does your faggot assessment remain valid if you use the entire history of the chart? Or does it only work for the section that makes you feel better about selling in March of last year?

Hope the next cliff comes soon, I want to ride the bounce some before it crashes for real.

>>25500329
oh fuck my sides how did I never see this before

>>25500608
Maybe it is, maybe it isn't. Hoping that this time it's going to be exactly the same is a recipe for failure (some other time if not this one at least).
Last run people weren't expecting 20k desu. This run everyone just waits for 100k. In the end it all depends on Tether machine I guess. $3k+ price in 2017 was pretty much pumped in a single candle after a month of long and boring bleeding. It might be the same this time and this dump and whole SEC, Tether, etc thing might be just a FUD like segwit and BTC uncertainty in 2017.

>>25500880
why are you arguing? they aren't even shorting, threads like this are 100% nocoiner cope

Get rekt scrub.

>>25501051

>>25500978
did you literally just ask me if using entire price history for analysis is valid as opposed to using a biased selection of 6 month history?

take off your horseblinders anon

>>25500329
Holy fuck I’m laughin too loud

>>25500185
https://www.youtube.com/watch?v=XbZ8zDpX2Mg

>>25500534
11k

>>25501035
>>25501051
>>25501065
>>25501090
>>25501111
>>25501125
>>25501146
>>25501157

u ok anon?

>>25501200
check yourself before you rek youself.

>>25500534
25k

>>25500329
Kek/10

>>25501231
your meticulously organized autistic ass gif folder will not save your bags bro

>>25500969
ok i zoomed out, what now?

wait a minute, don't tell me you use a linear chart anon, of course not, right?

>>25501259
Have fun. This isn't even my third bullrun.

You guys are funny. You can't find a consensus. Nobody here knows anything, yet thinks he's the smartest.

>>25501326
we agreed that it's going down though

You're forgetting the part where bitcoin is being manipulated by entities powerful enough to control the price. We already dipped to 27.6k from yesterdays 34.5k and it was swallowed up faster than your fathers dick by your mother.

>>25501347
It'll go down because its gone up. Then it'll go up again. Get wise.

>>25501359
Yeah, so we agreed it will go down

>>25501369
Agreed.

https://www.youtube.com/watch?v=2nWv2Hz_GX

>>25500185
zoom out

>>25500969
I see that we're in the runup to 3k phase of the 2017 bull run. Zoom out on your retarded linear chart and tell me where that 3k short-term top was in relation to the final 20k top later that year?

bitcoin is going to 250k this year you retard.

>>25501369
Sure you did.
>>25500421

I'm buying despair phase, no earlier

>>25501326
>>25501471
TL;DR, I'm lazy, stolen from other anon, picrel.

>>25501326
>nobody knows anything
Welcome to crypto lad. There are no fundamentals that govern the price of the "assets" especially for the boomer coin which has no use cases besides the forced "digital gold" meme narrative. Saying that some crypto is overvalued or should be valued at X is completely retarded. All you need to know is that are there suckers coming in after you willing to pay more than what you paid for. That's literally it.

>>25501990
You forgot the essential part.
>Nobody HERE knows anything

Ofc some anons got the right idea about pre-halving / post-halving price and market dynamics.
But others? Ahem.

up only

>>25500329
10/10 post

>>25500185
OMG it was also identical in 2017!!
Oh wait, it went 10x after that

Only absolute newfag brainlets try to use pictures of a general market cycle and fit them at varying lengths and scales to claim we're at x stage on the chart.

The thing about candle charts is that they're fractal. You can play around with the axes and find a way to match any bit of the graph at any timescale to the market cycle. Whether weekly candles or 1min candles.

We have a lot of gas left in the tank. The market top will be late 2021 or early 2022. Retraces of up to 30-40% on the way up are going to happen.

>>25502636
I’m strapped in with my special needs helmet on for precaution.

HODL BABY.

>>25502636
Delusional faggot.
Picrel.

>>25502528
with added context.

OP is retarded. Also this >>25502636

>>25500329
Lost at
>Mass reddit suicide

>>25502741
Try looking at your own graph. The only delusional ones here are those who think the bull market is over this soon after the halving.

I said buy teh dip y dozen u lisen?

I can promise you, when we hit peak mania and the bull run ends, very few retards on /biz/ will be able to tell you. You can’t just match a chart and say that’s it. Mania is virtually impossible to detect and happens incredibly quickly in this market. Look for posts saying we will never be below 250k again, look for price movements that are +/- the previous ATH (20k) in a day. When everyone is certain it will price discover between 200-400k, that’s when it will crash back to 60k

>>25502814
Agreed

>>25502794
We can only hope

>>25502913
True. Guessing the top is much harder than guessing the bottom, and 99% of people will miss it.
You gotta be lucky and bold to pull it off.

>>25502749
We have been in a bull market since October, and the sell off described in your image occurred at the end of Nov.
I think that we will see roughly 40k BTC at an absolute push before we see a major retracement, if not now.

>>25502913
I’ve had multiple people text me about buying it and the local chain gas station has bitcoin vending machines.

>>25503187
What does month of the year has to do with anything

>>25500185
first kiddy ride
kys

>>25503456
>>25503187
nwm I misunderstood your comments.
No chart will follow the pattern 100%, and my point essentially is that you can match random charts to any point in history, that rarely means anything

>>25500218
Kek

>>25500329
>Backwards swastika.
For FUCK'S SAKE lurk moar.

>>25500185
>>25500329
>>25500302

>get redpilled

What if I told you....

>>25500185
Oh fuck, is the left today? This is a perfect top, wick is big on the last green candle, today is the red reversal candle. Tomorrow is the day to sell because it normally goes back up a bit more.

>>25500329
Top post of 2021.

>>25500185
You're right. SELL SELL SELL

>>25503747
Agreed. For what its worth, I hope BTC continues to smash through resistances and make new ATHs, we all benefit from a highly priced BTC.

>>25500252
>>25500343
>>25500534
newfags