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9165452 No.9165452 [Reply] [Original]

Calling all TA fags
> This is a sucker rally
Which may indicate it's a true recovery
> Alts mooning, huge optimism
Which may indicate it's another bulltrap and we have yet to see real capitulation

What's going on biz?

>> No.9165501

>>9165452
same thing it always does. bear cycle then another bull. rinse repeat.

>> No.9165515
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9165515

this happen

>> No.9165533

>>9165452
We were in despair in February so stop telling us we haven't seen Capitulation dumb ass

>> No.9165551

$6500 was the bull trap. This rally is the return to "normal." The actual mean for BTC is somewhere around $2000-$3000.

>> No.9165587

>>9165551
no fucking way dumb ass

>> No.9165621

>>9165533
We never touched despair. We briefly entered capitulation when we fell beliw 6700 in february and again last month. Only briefly in caputulation though. You coyld tell by the posts.

>> No.9165700

>>9165587
Compelling argument. Meanwhile, we're dumping again and falling below critical support. Bull trap's closing.

>> No.9165727

>>9165700
you have sold at 6K kek just wake up we are already trying to return to the mean

>> No.9166372

So I should wait for the return to 3/2.5k then buy in? EOY 6K? To be honest it looks like we're in for a bull run soon. (((they))) want to pump and dump across the board I think. May as well join them. Then RIP crypto.

>> No.9166392
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9166392

>>9165452
this will continue to happen
btc sub 10% market share this year

>> No.9166410

I've exited all position except a couple of low cap meme coins.

>> No.9166451

>>9165452
The economy will invert at some point during these increasingly large spikes of valuation.
Then we will see what a run looks like

>> No.9166549

>>9165452
Alts moon when the volatility for medium market cap coins and higher slows down. Ethereum, litecoin, etc... are far safer for day traders flip but heavily depend on bitcoins price which is determined by large institutions. When these lose their % margins while the market consolidates, alt coins become more attractive. Bitcoin was way over bought at 9700 because of bull run and dropped off to 8600, (12%) that was just healthy consolidation. You wont see the "suckers rally" till 11700 but by that time bull sentiment will be through the roof and a drop to 9k will seem like the end of the world. Be scared for when the institutions determine ethereum to be far superior and switch to it for the sake of fundamentals.

>> No.9166717

>>9165727
OK. Keep HODLing as we again drop out of the $9s, the $8s, the $7s...

>> No.9166728

>>9165700
>Falls 1%
>Muh critical levels
Permabears are ligitimatly more retarded than permabulls.

>Average length of bare markets in BTC is 71 days
>Weekly close outside of major resistance on the log chart
>Talk of major institutional investors entering the market after a 68% retracement
But keep on shorting, you'll be right eventually.

>> No.9166774

>>9166717
I dont have bitcoin. I'm betting on adoption and BTC is fucking retarded.

>> No.9166908

Im no permabear. But a drop to 8700 seems likely given this decent. Big buys are OTC anyways.

>> No.9167084

>>9165621
Learn to zoom out newfag crypto hasn't experienced a real bubble crash yet and has been in a bull trend since its beginning and it still is unless you literally bought a month or sooner before ath. What all you brainlets call a crash is a correction from being 300% overvalued back to the mean.