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File: 94 KB, 1726x432, Bitcoin bull market support band.png [View same] [iqdb] [saucenao] [google]
53336665 No.53336665 [Reply] [Original]

Bull trap?

>> No.53336705

>>53336665
No. It's going to go up, but only because the value of the USD is about to crash.

>> No.53336718

>>53336665
we can still go a bit lower than yearly open but not much, in general this should be a recovery year with a dump beginning at end of this year so that they can enter long positions for cheap during, before and after the halving. either a 2019 scenario occurs again, after bear market, but if the yearly wick stays so small, in a few months, it could end up far more bullish than expected, that being said, it most likely will not be a very bullish year, with maybe a high of about 45K and then back to 20K. if we go lower it should happen soon though, unlikely to happen the rest of the year. if you see another crash, its a great entry

>> No.53336851

>>53336705
This. Look at BTC/GOLD and notice it hasn't even crossed the 200d sma yet.

>> No.53336886

>>53336665
go back and look at the Nov 2018 to May 2019 BTC chart

>> No.53336919

what kind of bull trap holds its price for several days

>> No.53336982
File: 59 KB, 740x698, 1660248736087.png [View same] [iqdb] [saucenao] [google]
53336982

>>53336705
You baggies have been saying that since 69k.
Inflation does not prevent bear markets or stop dumps or crashes.

>>53336919

>> No.53337005
File: 755 KB, 2876x1628, 1673591109185578.png [View same] [iqdb] [saucenao] [google]
53337005

>>53336665
>Bull trap?
You tell me. Was this a bull trap?

>> No.53337052

>>53336718
>>53336851
>>53336886
>>53337005
Seems like we back then.

>> No.53337113

>>53337052
>Seems like we back then.
You won't know until it happens.

>> No.53337143
File: 73 KB, 957x1024, 1639756897070.jpg [View same] [iqdb] [saucenao] [google]
53337143

>>53336665
Nope. And every idiot that tells you that it's a real bull trap clearly has been missing on the news because the US is about to go down real bad, making crypto go up just from pure luck. This is actually super bullish for me since i just recently got my sora card and that allows me to switch all of my fiat to crypto and operate with that on mastercard but, yeah, pretty shit for everyone else

>> No.53337222
File: 90 KB, 600x991, kekjak.jpg [View same] [iqdb] [saucenao] [google]
53337222

>>53337005
BUT THE STOCH RSI WAS AT THE TOP
HOW COULD THIS HAPPEN

>> No.53337380
File: 6 KB, 1364x714, 975201F6-4AF4-45F5-A38D-65FB31417EBC.png [View same] [iqdb] [saucenao] [google]
53337380

>>53336665
Shooting start pattern confirms we bart down now

>> No.53337405

>>53336705
You're actually an idiot if you can not see the obvious reversal on the DXY chart. DXY will make a run to a lower high and crypto will hit rock bottom.

>> No.53337512

>>53336665
cope and handle in the making

>> No.53337653

>>53337405
>Lower high
>After lower low
Bearish. 89 by may

>> No.53337909

>>53337380
On the 1D? Looks like an evening star doji to me.
Means the same thing anyhow.

>> No.53337927

>>53336665
If you have to ask, it most likely is

>> No.53338001

>>53336665

Looks nothing like a bull trap. Fucking noobs. It looks more like the dump to 15k was a bear trap and its now returned to a mean price

>> No.53338008

>>53336982
Unironically this.

>> No.53338038

The fed had to pivot so the government to pay bills. Dollar is very overpriced. People will dump dollars to buy other shit
Question had always been whether you're smart enough to front run the front runners

>> No.53338096

>>53336665
>Bull trap?
yes

>> No.53339380

>>53338001
Claiming that whales engineered the FTX collapse just to drop price to 15k and trap a bunch of bobos gambling $50 leveraged shorts is a pretty novel take, anon.

>> No.53341382

>>53338096
I'm just waiting to DCA when BTC comes back to 15k. Eyes on ETH and ORE.

>> No.53342758

i always thought 50/50 we got another leg down to maybe 14k btc, 9 dollar avax.

>> No.53342836

>>53337005
>>53336886
I noticed this literally 3 days before the pump ut doubted myself. It cant be that easy. If it plays out exactly the same way I will laugh myself to death

>> No.53342852

>>53337405
>>53337653
I don't get the DXY desu. Dollar debts are margin called by FED rate hikes, Europe is fucked with the energy crisis and deindustralization, Japan is mega-ultra fucked and the Yen will enter a death spiral probably some time this year after they run out of US bonds to sell. Yet the DXY is trading like it's over for the dollar. I mean I get it, long term trend is de-dollarization, but short to medium term dollar should be king.

>> No.53342915

>>53342836
>I noticed this literally 3 days before the pump ut doubted myself. It cant be that easy. If it plays out exactly the same way I will laugh myself to death

It's literally based on human psychology, and you think that has changed in 4 years?

>> No.53344909

>>53336665
Yes it's the 6th bulltrap in the past year. Nobody except for whales have spare money to invest in this shit so they are trying to lure gamblers in before crash.

>> No.53344929

>>53336665
Its obvious yet the truly desperate keep falling for it every time.

>> No.53344946

>>53336665
Why the fuck would you ever short or long crypto anymore? These markets are manipulated to hell and back.

>> No.53345364

>>53336665
I don't fucking care, I'm waiting for the next dip to buy ORE and HBAR.

>> No.53346076

>>53345364
These are good picks, particularly the ID management solutions.

>> No.53347284

>>53336665
no, it's more like a bull igniter.

>> No.53347295

>>53336665
YES

>> No.53348803

>>53342852
europe actually came trough the crisis pretty well and was oversold based on fear
japan doing its thing is super bearish for the usd as they have a fuckton of bonds that they will dump at ANY price to support their yen YCC
this will result in yields going up beyond manageable levels for the ust's which will prompt a quicker then expected fed pivot simply to keep the us gov afloat
add in the debt ceiling bullshit and the treasury already doing qe right now counter to the feds qt
that means right now the smartest people are already frontrunning the whole thing on risky bets, like that other anon said are we smart enough to frontrun the frontrunners, because right now being out of crypto has as much risk as being in

>> No.53349441

>>53347284
Facts, the sooner chads realize these the better for them, no stressing but when the bull run is back, I can comfortably TP on my long-term hodls on Ride, Atom and Evmos; but for now lets just be cool with the market retracement.

>> No.53351035

>>53348803
Its going to crab dump into earning season with dxy maybe kissing 105 at best to go back to its 20 year mean while everyone, yes front runs depolarization of the energy market.
Crypto as meta liquidity is a good bet