BTC is about to crash hard

[Anonymous No.18083287]

Look at that fucking arch.

This shit is about to go down faster than a £5 whore.

[Anonymous No.18083363]

>>18083287
Who fucking knows at this point mate

[Anonymous No.18083394]

>>18083287
Where do you think it’s headed matey?

[Anonymous No.18083578]

>>18083394
Sub 4k. I'm thinking 3700 all American is a good buy in.

[Anonymous No.18083774]

Looks like a crashing wave kek

[Anonymous No.18083790]

It’s coming bros

[Anonymous No.18083793]

>>18083287
Classic bart formation. I miss the old days of continuous green candles.

[Anonymous No.18083840]

Please don't crash till I get my Trump bux, I want to buy when its low.

[Anonymous No.18084126]

has anyone ever done a /biz/ green wojak / pink wojak ratio indicator on TV?

[Anonymous No.18084139]

>>18083287

[Anonymous No.18084171]

Can't believe cryptards are still falling for these mesa patterns. It's been going on for years at this point.

[Anonymous No.18084219]

>>18084126
you can not. it doesnt have external connectivity.

[Anonymous No.18084279]

>>18083287
>a £5 whore
Thats the bottom though. The price can't go lower, right?

[Anonymous No.18084307]

>>18083287
what platform do you use to trade and track crypto in GBP?

[Anonymous No.18084412]

[Anonymous No.18084425]

>>18084307
This is just from the Binance app. Gives you the option to set GDP as your native currency.

[Anonymous No.18084495]

>>18083287
What does this mean???

[Anonymous No.18084593]

>>18084139
this never happened in feb?

[Anonymous No.18084657]

It's literally about to pump, you're a tard

[Anonymous No.18084732]

Keep this thread going so I can dab on OP at next daily candle.

[Anonymous No.18084766]

>>18084732
Bring it.

[Anonymous No.18084791]

>>18084766
Post your short so I can laugh at your losses.

[Anonymous No.18084831]

And it's already starting.

[Anonymous No.18084873]

6.7k

[Anonymous No.18084967]

>>18084873
It's going sub 4k. Trust me, i'm not a doctor.

[Anonymous No.18085060]

>market is closed
>tomorrow's bad news is coming with the job report
>think that "priced in" cryptos shit themselves beforehand
>sell 1/3 of my stash at 6600
>crypto surges to 6690

why does this keep happening to me?

[Anonymous No.18085118]

>>18085060
Got bad news for you son, its going over 7k

[Anonymous No.18085177]

>>18085118
You could be right but the moment I'd buy in it would crash and we would both be fucked. I'd rather not buy in and have only myself on my conscience than another bizraeli as well.

[Anonymous No.18085244]

everyone is shorting, work out what happens you'reselfs

[Anonymous No.18085288]

>>18085244
This is partially right, either shorting or tethered waiting for a better buy-in. One will never come because the market adjusts to that sentiment. Once its sitting at 8.2k there may be a dip back to our current price once they start FOMOing.

[Anonymous No.18085312]

>>18083790
the first thing a trader learns to trade is fractals

the second thing they learn is that fractal trading doesn't work

[Anonymous No.18085401]

Do you guys still believe in crypto? kek
BTC capitulated. We were supposed to have a run up before the halving but it dumped before it, even way bellow the average trendline. It's finally dead

[Anonymous No.18085414]

>>18083287
Still waiting for sub $2k to buy a whole coin

[Anonymous No.18085471]

>>18085414
Yeah, the market knows there's a million newfag waiting to buy sub 2k. You're not gonna get one.

[Anonymous No.18085480]

>>18085401
r u sure capitulation is bearish?

[Anonymous No.18085499]

>>18085401
Did no one tell you that halving pumps dont happen until ~6 months after? You missed the bottom.

[Anonymous No.18085513]

>>18084967
mr. not a doctor, we're still at 6.7k

[Anonymous No.18085540]

>>18085244
can you spoonfeed me? where can you see the shorts for crypto?

[Anonymous No.18085568]

>>18083287
What the fucks a 5 pound whore you bong? A meth head?

[Anonymous No.18085607]

1 more hour (or less) until OP is eternally btfod

[Anonymous No.18085608]

>>18083578
to be expected when?

[Anonymous No.18085618]

>>18083790
>>18084139
bitcoin is moving similar to the stock market, the strength of the movement may be different, but a lot of the intraday up and downs follow the stock market, as well the larger trends.

I don't see this changing anytime soon.. and therefor i don't think it is meaningful to make price predictions in the short term on the bitcoin chart, it would make more sense to do TA on S&P and then use it to predict future bitcoin movement.
I may be wrong, Bitcoin did temporarily decouple (moved sideways, while stock market went down) a couple of days in the last week.

[Anonymous No.18085673]

>>18085618
Bitcoin followed the stock market quite closely for the past 2 years. But I don't see how it doesn't decouple itself in the next few months. Short term it's all messed up but within a year or two and I think we're back in business.

[Anonymous No.18085730]

>>18085568
learn the lingo you cunt. it's slang for your mum.

[Anonymous No.18085742]

>>18085673
Wrong. Bitcoin has historically never been correlated with any asset class until this black swan event.

[Anonymous No.18085765]

Its a twin towers pattern on the 4 hr chart. Extremely bearish.

[Anonymous No.18085791]

>>18085742
>black swan event
Holy shit I'm tired of this

[Anonymous No.18085820]

>>18085791
of you're what? you're Aspergers?

[Anonymous No.18085899]

Tick tock

[Anonymous No.18085911]

>>18085607
shh don't tell him

[Anonymous No.18086019]

>>18085618
same patterns repeat due to human nature.
when the underlying cause is the same, you will see the same patterns in both stonks and crypto since both will start to correlate.

[Anonymous No.18086040]

ive been trying to be a bobo lately, but i think bull meme magic is too strong and normie markets will dead cat for another few days to a week before continuing the plunge.

every time we turn 5800 into support (you can see we did on the final 3D candle), we go to 8200. it also lines up with the candle close .618 fib which is a pretty basic retracement target. the high we made at around 10.5k was exactly the .618, as drawn from the 14k top down to the 6.4k bottom, before pumping again.

im too scared to short until 8k basically. that said, it likely will dump several thousand dollars after this pump concludes.

[Anonymous No.18086243]

>>18086040
Prolly next week, this aint the worst yet.
This week it likely not drop off 6k

[Anonymous No.18086281]

>>18086040
Don't be a retard. Do you even know what mt gox is? April will be an awful month for bitcoin.

[Anonymous No.18086780]

Apologize.

[Anonymous No.18086830]

>biz says btc will crash
>goes up instead
Is /biz/ the best contrarian indicator ever?

[Anonymous No.18086877]

>>18086281
nigger I literally just said it will dump thousands of dollars after a week or so. april will be very red, at least the first couple weeks.

[Anonymous No.18086913]

>>18086780
Never.

[Anonymous No.18086995]

>>18085244
No. "Everyone" is long

[Anonymous No.18087079]

>>18086995
Fake as fuck

[Anonymous No.18087104]

>>18087079
Post your sources then

[Anonymous No.18087122]

TA is bearish as fuck but I got burned so many times that I don't do anything unless there is a confirmation either way

[Anonymous No.18087157]

>>18083287
Thanks just bought 2 BTC. This board makes me so much money by doing exactly the opposite of what you brainlets say.

[Anonymous No.18087182]

>>18087122
The TA lmaoooo this dude

[Anonymous No.18087239]

yeah, this jobless number must be really bad. the institutional bidding up in futures is just obnoxious. fed doesn't give a fuck at this point. they're all in. they know everybody knows they manipulate everything under the sun, and they're just about done with the pretense.
we are as bad as venezuela.

[Anonymous No.18087313]

>>18086995
yeah lot's of long have open at the bottom
no idea if Arthur will have the power to liquidated them

[Anonymous No.18087331]

>>18087122
the TA is bearish looking intraday, but you have to remember we just dropped 60% worth in price in only 1 month. even a meager 50% retrace means we will make it well into the 7000+ range before reversing again. that kind of almost automatic mean reversion tends to override lower timeframe setups

bitcoin loves to do deep retraces and everyone always gets bearish at the bottom of these retraces or bullish at the top of them. i guarantee you if we see 7 or 8k on this retard pump, every permabull mouthbreather will be calling for ATH EOY again. and that is when the rug will be pulled out.

[Anonymous No.18087366]

>HUR THA BTC IS BOUT TO CRASH HARD

Just bought $100k

[Anonymous No.18087372]

Nonsense. TA is gay. Ignore it!
Bitcoin is going up!

[Anonymous No.18087380]

>>18087331
This.
Everyone is on the bull train right now. Imagine if the kike pull the trigger.

[Anonymous No.18087457]

>>18087331
have you looked at trading view ?
almost everyone is calling to get back above 8k in no time, the permabull were already calling a return to 20k the day after the crash

[Anonymous No.18087475]

>>18087366
it's not going to crash but I'm expecting another drop in the coming weeks before it actually recovers

[Anonymous No.18087690]

>>18086281
Priced in.

....just like 2 million dead Americans. It's all priced in. The markets have amazing prescience. The foresight is astounding.

[Anonymous No.18087710]

>>18087331
people are already overly bullish, every exchange is like 70% longs right now, and already saying stocks have bottomed

But yeah, maybe one more push into the 7.5k range before it all shits itself

[Anonymous No.18087716]

>>18087457
And twitter everyone wants 2k

[Anonymous No.18087767]

Arthur should crash it

[Anonymous No.18087810]

>>18087716
yes but the twitter fags are a bunch of pajeets with 100$ to invest
the trading view faggots are actually going degen 50x long

[Anonymous No.18087848]

>>18087810
so I should countertrade TV degenerates and run with twitter degenerates?

[Anonymous No.18087866]

>>18087810
The fear index is also the most bullish now compared to the past weeks

[Anonymous No.18087948]

>>18087710
yeah, the best rule of thumb is when you think it HAS to dump now, wait for it to pump one more time and then short. the blowoff top is what traps all the normies and then we can send price back down to depths of hell

[Anonymous No.18087990]

>>18085742
>Wrong. Bitcoin has historically never been correlated with any asset
Wrong, retard. Bitcoin is correlated with the stock market, and when times are uncertain in the market it goes down.

[Anonymous No.18087999]

>>18087848
it will probably not go as low as the titter padjeet think but it will most definitely crush all these fags who longed at 4k and have not yet closed
not giving advice just telling you what I see

>>18087866
honestly I think this shit is way to slow for crypto
we have already pumped +70% form the bottom and this shit is still just as low

[Anonymous No.18088053]

>>18087848
Look at where people's actual money is. Every exchange is majority longs right now.

[Anonymous No.18088084]

>>18087990
Wrong, faggot.

https://coinmetrics.io/correlation-charts/#assets=btc-s&p_arithmetic=false

Historically it's been mostly uncorrelated with the S&P for example depending on which calculation you use.

[Anonymous No.18088194]

>>18087999
everyone who longed at 4k has taken profits and has a stoploss set in profits though.. and if it goes down to 4k again I'll just reopen a long.

If it goes to 2k I'll buy. It can't be this easy.

[Anonymous No.18088253]

it will be 4k by the middle of next month.

[Anonymous No.18088299]

>>18088194
>everyone
Yeah, except everyone who longed at 4k is a degenerate gambler and hasn't come close to taking profits.

[Anonymous No.18088316]

>>18088194
>If it goes to 2k I'll buy. It can't be this easy.
yeah it can also not stop at 2k and crush all the fake bears waiting for 2k

> everyone who longed at 4k has taken profits and has a stoploss set in profits though.. and if it goes down to 4k again I'll just reopen a long.
I highly doubt that

[Anonymous No.18089200]

>>18088316
everyone who has ACTUAL capital worth managing, including all the algos. I know there's degenerates who get routinely liquidated but still, I realize I dont have a point.

I wouldn't long at 2k though, I'd be spot-buying. Alot. I realize it can go as low as $950 but I think anyone with cash on the side would be pretty stupid to not buy in rather heavy 2.5k because they're waiting for 1k. I realize that many bears are going to sit on their hands because they'll be too scared though, giving themselves the excuse of waiting for lower. I watched people sit out on the low 3ks, and I'll watch them sit out on the next low. If 3.8k was the last local bottom, well, I saw the same people sit that out too. Who cares if it goes down again if you're longing and taking profit each time?

2.5k is my level for spot buying. I'll invest significantly. If it goes to 1k I'll kick myself in the ass some but I'll be satisfied with a position I'm planning to hold for 10 years if needed.

>>18088299
Did you not see 4.2k as a legitimate level to long?

[Anonymous No.18089216]

Btw bitcoins difficulty adjustment is about to take place in an hour and about 30 mins

[Anonymous No.18089344]

>>18089200
It was at 4.2k for about 5 mins, so no

[Anonymous No.18089361]

>>18083287
Not if the Tether printer goes brrrrr, hahahahaha again. Which is just as likely.

[Anonymous No.18089364]

>>18089216
Priced in

[Anonymous No.18089417]

>>18089364
Doesn't prevent people from selling the news.
The way crypto has always dumped after every conference and shit. Seen it too many times.

[Anonymous No.18089482]

>>18089216
btc mining has zero effect on the price now
~1800 btc mined a day is less volume than a 1minute dump on binance nowadays

[Anonymous No.18089897]

>>18089482
miners are huge hodlers, they can sell more than they mine

[Anonymous No.18090084]

>>18085820
>of you are what?
>you are Aspergers?