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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 46 KB, 905x905, Sc.png [View same] [iqdb] [saucenao] [google]
56872588 No.56872588 [Reply] [Original]

I bought 3 BTC in Jan. Just sold 2 BTC only because my minimum hold is 1. Literally maxxed out my sells because this chart is fake. as. fuck.
They put no effort whatsoever in trying to make it look legit this time. I'm certain there is some terrorist or drug cartel behind this because even for fraud criminals this is some unprofessional shit.

>> No.56872604

>>56872588
if it crashes i buy more. i am directly under the fake money spigot.

>> No.56872608

>>56872588
The most important thing I’ve learned in crypto, whether it’s scam pumps or scam dumps, bluechips or shartcoins, is this: JUST GO WITH IT

>> No.56872615

>>56872588
use log dude

>> No.56872619

>>56872588
good entry, to the moon!
>rocket emojis

>> No.56872667

Are people actually buying, or are the whales just absorbing all sell orders hoping retail starts to FOMO in?

>> No.56872814

>>56872588
>They put no effort whatsoever in trying to make it look legit this time
Its the exact same chart as April 2020. If you believed in btc then, why would you not right now?

>> No.56872831

>>56872667
This, the channel had 0 volume since there were no sell orders, but suddenly there is a big wall at 42k so big volume and they can't fake pump it anymore and retail has no moni in this gay ass economy >>56872667

>> No.56872878

>>56872588
So you're saying this rally will fail like the others?

>> No.56872924

>>56872588
>this chart is fake. as. fuck.
Lmfao literally, there's generally no pump where you cant read back the chart and think "oh yea, there was my buy signal". This chart makes 0 fucking sense, completely manipulated

>> No.56872927
File: 507 KB, 746x745, Screenshot_3.png [View same] [iqdb] [saucenao] [google]
56872927

>>56872588
>I bought 3 BTC in Jan. Just sold 2 BTC only because my minimum hold is 1. Literally maxxed out my sells because this chart is fake. as. fuck.
They put no effort whatsoever in trying to make it look legit this time. I'm certain there is some terrorist or drug cartel behind this because even for fraud criminals this is some unprofessional shit.
In reality he is sidelined bcs he listened to Capo... kek

>> No.56872934

>>56872831
PEOPLE HAVE MORE MONEY THAN EVER YOU MONGOLOID

>> No.56872958

>>56872924
Breaking above 2017 ATH resistance level and flipping it as support wasn't a buy signal to you?

>> No.56872967

>>56872814
>Its the exact same chart as April 2020.
No it is absolutely not you absolute fuckn buffoon, in 2020 we first made a higher low before V bottoming which is a clear sign of reversal. There is still nothing on the chart that indicates we're on the way to new ATHs, I am betting we are in the 2019 peak if anything.

>> No.56872973

>>56872831
Do you not know how reply works on 4chan?

>> No.56872979

>>56872958
No, dipping into previous ATHs one time during a corrective market is not enough of a signal to buy

>> No.56872986

>>56872967
Okay

>> No.56872990

>>56872831
Oh no it's a retarded Bobo. Pump confirmed

>> No.56873017

>>56872979
Then what the fuck is? This is why people still fail to make money on BTC, you make it too complicated and think you are going to outsmart the market by perfectly timing the bottom instead of going with the flow of the cyclical nature of BTC. We have been in a bull market for a year now and most people wont understand until well after the fact, just like always.

>> No.56873028

>>56872588
Anon loses money
> fake chart, fake market, rigged shit
Anon gains money
> I told you so, it was clear it would go that way

>> No.56873062
File: 603 KB, 960x648, rektbobo.png [View same] [iqdb] [saucenao] [google]
56873062

>>56872588

>> No.56873090
File: 74 KB, 916x634, Capture.png [View same] [iqdb] [saucenao] [google]
56873090

>>56873017
I present the TA that has brought me to this conclusion.

>> No.56873164

>>56873028
So just like real experts.

>> No.56873191

>>56873017
You speak like a true retail trader, nothing I can say will help you, you don't want to know the truth. You didn't believe me when I said BTC was going down from 69k, and you won't believe me now when I say we're in a bear market rally. In a multi year long bear market, a one year pump does not change anything. Go ahead and keep listening to all the moonboys who kept telling you to buy every "dip" all the way down from 69k and claiming every single dump was the bottom.

>> No.56873210

>>56873090
if there is a black swan event bad enough that whales will TP then yes we'll have another puke emoji

>> No.56873272
File: 90 KB, 905x905, 1701776990527067.png [View same] [iqdb] [saucenao] [google]
56873272

>bro it's just bear market rally all energy is spent 8k is next

>> No.56873314

>>56872934
Lol no. Everyone is broke in this bidenonomy. 100% coat of living inflation with a 5% raise will do that.

>> No.56873322

is fantom still a thing?

>> No.56873328
File: 38 KB, 866x566, small wedge.png [View same] [iqdb] [saucenao] [google]
56873328

>>56872588
There's nothing fake about the BTC chart. Stop crying. If you have a problem with the chart, then you have a problem with the market itself as the chart looks the way it does due to how the market has traded BTC; Bitcoin's price action, its candles, how they look, is a direct result of how the market has traded BTC. And the market does NOT care about your opinions or feelings.

Here's the current market situation. BTC is currently traded within this little wedge, which is inside the HUGE Rising Wedge which we recently had an educational thread about: https://archived.moe/biz/thread/56831656

BTC broke out a tiny bit above the Rising Wedge, an inherently bearish structure, and when such a breakout occurs above a Rising Wedge it's almost always a fakeout meaning the price dumps back into the wedge. Proper breakouts above Rising Wedges do occur, it's just exceptionally rare. The crabbing we're seeing now is possibly confirmation of this being a fakeout.

Interesting BTC stopped pumping, or slowed down significantly, for now at least, at the top of this tiny little wedge. If BTC crawls along right under the roof of this small wedge then by next week it will be 44k which is roughly where the main resistance is (the support from 2013 that failed in 2022 and since has been traded as resistance).

If BTC breaks out above this tiny wedge then it seems less likely this is a fakeout. Especially if it goes to 45k or so, to above the resistance and the market begins trading it as support again.

>> No.56873344

>>56873328
<-- the huge Rising Wedge. This is the 1W timeframe.

This >>56873328 is the 1D timeframe.

>> No.56873347
File: 42 KB, 982x765, The Rising Wedge.png [View same] [iqdb] [saucenao] [google]
56873347

>>56873328
<--- the huge Rising Wedge. This is the 1W timeframe.

This >>56873328 is the 1D timeframe.

>> No.56873363

>>56873328
There is another possibility.
This structure is perfect to make "traders" who think they can predict the future based on patterns sell.
The chart you see is the optimal structure to make you miss out on most of the gains as dumb investors who just bought the bottom will outperform you because they don't try to analyze everything.

>> No.56873471

>>56873191
>This isn't a bull market, It's a multi-year bear market rally
>On an asset that follows 4 year cycles due to supply shock literally programmed in
Dude, listen to yourself. You are in denial. This time is not different. BTC will likely retrace to around $30k. Better hope it does because that is your last chance.

>> No.56873575

>>56873363
>they create these structure to cause people to "miss out on most of the gains"
If you're on the fence now then 41k vs 45k is a tiny difference. And the huge Rising Wedge only became obvious recently in November around 38k (some might've noticed it at 28k, that is; after it bounced from the bottom there). And no, the market-moving whales don't spend months upon months buying and selling at certain levels just to trick the dumb money masses into missing out. Most people never even look at charts to begin with, much less pay attention to the structures the market is trading within/against. The market-moving whales don't trade the way they do for months and months and months, throwing huge amounts of their money around, in a massive conspiracy to "trick" a few nerds on /biz/ and tradingview and other places into missing out. Thinking they do is absolutely ridiculous. They couldn't care less about us. These market structures are what they are, they're a result of their trading and are what they trade. You disliking a structure makes no difference. Again, there's nothing fake about the way Bitcoin's chart looks. It is what it is. So don't cry about it. The chart looks the way it does as a direct result of how the market, which is driven by the whale's trading – the big players who initiate pumps and cause sell-off events – have traded BTC, and these structures/patterns are a result of that trading, and when a structure forms they use that structure to trade within until it becomes obsolete (in this case when they move the price far outside the structure in either direction).

>> No.56873578

>this chart is fake
i love how NPCs put their entire life savings into things they dont understand and never try to learn about. you should be culled. i only hate jews because it is them that are culling you and not me.

>> No.56873768
File: 1.09 MB, 1151x576, fake.png [View same] [iqdb] [saucenao] [google]
56873768

>>56873575
>>56873578
>it's reeeeeeeeeeeeeel guuuys!
lol, found one in the wild
never actually thought Id ever use this pic

>> No.56873797

>>56873768
i called the absolute bottom here on biz and longed it 50x and broke a world record in trading and posted the video on youtube.

>> No.56873818

>>56872588
You can actually deduce from your chart why the moves have been huge. The drop from 48k to 17k saw almost no corrections to the upside, only consolidations. Naturally when prices goes up again there isn't much resistance, because no support was created there. They are low liquidity zones. The area between 27k and 30k was consolidation and most of 2023 was spent in that area.

>>56873347
Post short

>> No.56873856

>>56873272
Those green lines are supposed to act as bearish rising wedges. The fact the patterns are negated is fucked.

>> No.56873908

>>56872588
you are right, the whole thing is fake
we should never have dumped that low, it was entirely due to ftx trying to destroy crypto way before their shit got exposed and they imploded

>> No.56873929

>>56873908
>this

it was the fucking niggers at ftx supressing bitcoin price

>> No.56873962

>>56873929
r u saying it was a planned shakeout? thats what my grandmother says.

>> No.56874727

>>56873962
they orchestrated it all and fucked our last bullrun, just look at prices right now, normies are still not talking about bitcoin yet look at the prices, i imagine we will far surpass $200k in this bullrun it will be majestic