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File: 431 KB, 1567x865, BTCUSD_2024-03-07_10-18-07.png [View same] [iqdb] [saucenao] [google]
57889599 No.57889599 [Reply] [Original]

Hmmmm, it's a mystery.

>> No.57889607

>>57889599
pump?

>> No.57889622

>>57889599
dump?

>> No.57889627

the first sell off, probably about -35% at least.
there are top signals so plenty its shocking. no way we go to meaningfully break aTH like this

>> No.57889655

>>57889607
>>57889622
trump?

>> No.57889704

Tell me how it could dump significantly while it is all bought up?

>> No.57889724

Bottom signal

>> No.57889726

>>57889599
What goes up must... keep going up?

>> No.57889734
File: 94 KB, 1200x866, 1709114886643199.jpg [View same] [iqdb] [saucenao] [google]
57889734

you tell me

>> No.57889750

In the end boomers will hold most of what's available now, and sidelined normalfaggot zoomsters will own nothing. And maybe eat ze bugs. Obvious shit is obvious.

>> No.57889755

>>57889704
>everyone in profit
>people leveraged up
>small dump happens
>people on leverage forced to sell, sending price down
>price reaches a level that top buying boomers/normies with weak hands want to sell at
>causes price to go down, forcing slightly stronger hands to sell sending price down
>causes people on leverage and knife catchers to sell
>finally reaches a price where people dont want to buy straight away and will wait a bit, removing buy pressure
>et etc

>> No.57889771

Oh how many bobos were screaming le double top at $19k in 2020
You fucking retards never learn

>> No.57889788

>>57889599
Well, it's not that clear, it will break ATH and 100k shortly but after that it's unknown territory

>> No.57889796

>>57889599
$70k-$90k in the day of halvening

>> No.57889805
File: 55 KB, 865x526, 1724624611426246.jpg [View same] [iqdb] [saucenao] [google]
57889805

>>57889622
>dump
why, have you seen nvidia? some things just keep going

>> No.57889813

>>57889755
> pre halvening
What you typed would imply that boomers have no idea what they bought, that they need the money, or that they are drunk and press the sell button.

>> No.57889815

God candle

>> No.57889823

Why the fuck are you looking at daily candles that zoomed out
switch that shit to higher timeframes

>> No.57889838

My OctaSpace makes me fucking millions?

>> No.57889896

>>57889599
How did the price ever get to where it's at if it conforms to your logic? Surely it should still be down in the single digits? Not saying it'll go up or down but your reasoning is fallacious. A push further up would seem likely, given the institutional interest which shows no sign of abating. Also, why you telling us this? If you were so clever you'd be stinking rich by now and not sitting in this place, spouting platitudes.

>> No.57889910

>>57889599
I would say that smart money is dumping on the etf buyers, giving them blue balls. Surpassing ath into new highs very fast is the bait.
We will see the buying pressure deflate as we will enter in a series of oscilations in a big crab. Dips could reach 55k. Pumps may surpass a little ath to keep the bait on. Alts could perform very well here like in December.
Accumulation games my friend.

>> No.57889924

>>57889896
Also, posting 1-day chart. Jfc

>> No.57889943
File: 198 KB, 768x1024, 1561282606034.jpg [View same] [iqdb] [saucenao] [google]
57889943

>>57889704
>Tell me how it could dump significantly while it is all bought up?

Imagine believing this nonsense.
Miners create and dump thousands of Bitcoins every day.

>> No.57889974
File: 24 KB, 534x786, 1707992986799848.png [View same] [iqdb] [saucenao] [google]
57889974

>>57889599
>1D timeframe
It's even more obvious what happens next when you look at the monthly.

>> No.57889989
File: 98 KB, 983x694, 1707507187414314.jpg [View same] [iqdb] [saucenao] [google]
57889989

>>57889755
ETF inflows are practically coin burns, it's boomers and monied elite tossing 1-5% of their ports in and forgetting about it, we hit ATH and couldn't even sustain a 15% correction for half a day

>> No.57889993

>>57889943
Yes. And currently it is all bought up. In fact, the supply of otc BTC is dwindling away by the day.

>> No.57889997 [DELETED] 

>>57889974
It's at 100-100 which means the blue is at 100 and orange is also at 100 at the same time together (100 being totally topped). Only time it's been at 100-100 for this long on the Monthly in BTC's entire history was back in the months of February and March (and a bit into April) of 2021 before the 64.8k top there.

>inb4 zoom out
Zooming out proves that's correct. Look carefully. Exactly as already stated, both being at 100 together for an extended period of time like this has only happened once before.

>> No.57890003 [DELETED] 
File: 787 KB, 600x620, 678c5b5ae455.gif [View same] [iqdb] [saucenao] [google]
57890003

>>57889805
It makes me madder than mosquitoes in a mannequin factory, but I must admit that your frog is just magnificent.

>> No.57890026

>>57889599
The most predictable dump ever and I won't sell because I'm still at a loss.

>> No.57890043

>>57889997
>only happened once before
>therefore the chart will do what it did that one time
Bobos are mentally ill.

>> No.57890062

>>57889771
You actually think we're going past $70k what a retard

>> No.57890082
File: 69 KB, 1800x746, 1702807107856252.png [View same] [iqdb] [saucenao] [google]
57890082

>>57889974
It's at 100-100 which means the blue is at 100 and orange is also at 100 at the same time together (100 being totally topped). Only time it's been at 100-100 for this long on the Monthly in BTC's entire history was back in the months of February and March (and a bit into April) of 2021 before the 64.8k top there.

> inb4 zoom out
Zooming out proves that's correct. Look carefully. Exactly as already stated, both being at 100 together for an extended period of time like this has only happened once before.

>>57890043
> >only happened once before
> >therefore the chart will do what it did that one time
If it was something that "happened once" but was bullish, you'd be aaaall over that and promoting it and using it as absolute proof.

>> No.57890091

>>57889627
>there are top signals so plenty its shocking. no way we go to meaningfully break aTH like this
famous last words

>> No.57890111

>>57890026
>The most predictable dump ever and I won't sell because I'm still at a loss
This is a complete non-sequitur. If you wish to claw back some of your loss, and you know the price will dump, then why not sell? Don't claim two opposing things at the same time, retard

>> No.57890131

New Stable coin paradigm
you want to be the loser that pumps this only to go minus at the mercy of the whales?

>> No.57890163

>>57889599

>still over half a billion of usd inflows daily
>will keep up until stock market fails
>wtfff why is it going up, it can't go above x price because reasons

>> No.57890174

>>57890082
maybe its at 100-100 on that timeframe because it's at ATH?
is there a way to crop the chart to only include data up to october 2020, and see what the RSI was at that time on a comparable timeframe?

>> No.57890227
File: 57 KB, 1176x746, cropped.png [View same] [iqdb] [saucenao] [google]
57890227

>>57890174
>is there a way to crop the chart to only include data up to october 2020
Here you go.
>inb4 no you can't just do that
Yes I can. This is how it works. It looked 100% exactly like this when picrel was all the time that had passed.

>> No.57890241
File: 54 KB, 950x808, chart.png [View same] [iqdb] [saucenao] [google]
57890241

here's what the chart looked like in october 2020
can you guess what happened next?

>> No.57890278

>>57890241
Holy shit. It's so obvious when you zoom out. I'm unironically gonna market sell everything. They won't trap me again.

>> No.57890292

>>57890062
>2020
>You actually think we're going past $20k what a retard
>2024
>You actually think we're going past $70k what a retard

>> No.57890324

>>57889599
$420,069

>> No.57890358

Thousands a day huh? Lets try 900. No need to reply we all know your just a gay bear

>> No.57890372

>>57889627
the first sell off was the 15-20% dip we had upon breaking ath on monday.

>> No.57890380
File: 33 KB, 303x298, 1701203050368256.jpg [View same] [iqdb] [saucenao] [google]
57890380

>>57890174
The Stoch RSI back then looked identical to how it looks in that screenshot. The graphics don't change over time. So if you want to see the same chart but "only include data up to october 2020" then simply look at that pic >>57890082 but ignore everything right of Oct 2020 -- which is roughly where the orange or blue starts at the bottom at the left of "2021".

>> No.57890405

>>57890292
>what is market cap
Yep you're retarded alright.

>> No.57890585

>>57890082
I don't pay attention to charts as I'm not a fucking retard. Even after we reach hyperbitcoinization (mature capitalization) BTC will increase at the rate of debasement*real-growth in-the-limit like large cap equities, and we're still 10x (minimum) from mature capitalization.

>> No.57890608

>>57890358
And in a month 450/day

>> No.57890624

>>57889993
There's no way for you to even vaguely know the mechanics of this as most of the large orders are done via dark pools and OTC desks.

>> No.57890632

>>57890585
I would like to subscribe to your schizo theory, and I look forward to its fruition

>> No.57890642

>>57890163
>Muh ETFs
Why isn't it going up every day then by your babby brain shithead logic?

>> No.57890673

>>57890241
There was a massive fucking crash right after that.

>> No.57890723

I think dump, it has been confirmed
Amen

>> No.57890731

>>57890673
are you referring to the crash from 64k to 29k?

>> No.57890822

>>57889627
>le top signals
Only fags talk about meme top signals like they're something to trade based on. When the real bull market happens fags like you will be too busy taking out loans to buy more and telling people how rich you're going to be to notice other people being kind of enthusiastic

>> No.57890890

>>57890585
Top signal post.

>> No.57890907

>>57890642
it is, expecting daily new highs is retarded

>> No.57890927
File: 109 KB, 1280x720, Frieza-vs-Vegeta.jpg [View same] [iqdb] [saucenao] [google]
57890927

We crab grinding along the previous ATH resistance then explode to 100k then sell off with a massive wick to 50k and enter a mini bear market with much FUD about it that was actually the cycle top and if the top was front run. After purging all the redditors we will grind up to 100k where it will ne accepted and be realize we are in the year long legendary golden bull run.

>> No.57892236
File: 314 KB, 1568x864, untitled.png [View same] [iqdb] [saucenao] [google]
57892236

>>57889599
>only a dumbass wouldn't short that graph

>> No.57892698

>>57890890
Been posting such since BTC was $20k, enjoy poverty, slavemind