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/biz/ - Business & Finance


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28656720 No.28656720 [Reply] [Original]

BTC's highest tops over the last 8 years have consistently formed around monthly RSI's near the 96 mark.

In August 2017 it had a mini-correction around 94 RSI before a full-blown reversal in December. With a current monthly RSI over 89 right at this moment, you should be ready for BTC to start shitting itself as it approaches these levels.

The yellow in picrel is a guesstimate of what will happen.

>> No.28656779

>>28656720
Nah, FOMO will keep people invested.

>> No.28656793

>>28656720
Yeah but between the first rsi spike and the second is where the biggest pump happens

>> No.28656849

Thanks OP just sold :)

>> No.28656857

>>28656720
You faggot niggers have spammed basically this same exact shit about the impending DOOOooOoOooM every 10 minutes for the past month give it a rest u schizos

>> No.28656877

Yes I can concede all that but have you seen the updock? It’s different this time

>> No.28656916
File: 185 KB, 773x823, gsdz.png [View same] [iqdb] [saucenao] [google]
28656916

>> No.28656985

thanks bought 100k

>> No.28657013

So it coincides with Jupiter leaving Aquarius and then returning?

>> No.28657062

>"this time it's different "

>> No.28657070

Thank you my dear I am selling

>> No.28657078

>>28656720
Link to btc rsi chart?

>> No.28657166

>>28656720
The only thing that's crashing is my twisty lolipop machine into your momma's pussy.

>> No.28657171

>>28656720
https://digitalik.net/btc/sma1458

>> No.28657253

That's the problem I have with you TA fags. You think ta indicators predict you the future...

>> No.28657390

>>28656857
This is the first time anyone has brought up what OP has brought up. Haven't seen this before and I'm on /biz/ every day.

>> No.28657412

Good job ignoring the tesla shit OP

>> No.28657484

The difference is, in previous cycles, the central banks weren’t busy printing trillions of meme bux to pump into speculative assets.

This bull run will carry on until the entire financial system collapses. ETA 18 months or so?

>> No.28657550

>>28656720
Into WHAT? FIAT? Lmao. Fiat sucks dick and now the entire world knows it.

>> No.28657586

stimmy

>> No.28657611

nice bullrun lol
where are the 100K?

>> No.28657625

>>28656720
>lagging indicator
say it with me

>> No.28657675

haha didn't look fed go brrrrrr

>> No.28657684

>>28657253
TA just shows you what's already there. It doesn't predict anything. It just visually illustrates what is there and documents what has happened before, so you as a human observer can see it easier.

>> No.28657689

>>28657625
This!

>> No.28657741

The pic cycle top indicator has nailed every btc top to within a few days. Still a ways to go before it crosses bearish

https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

>> No.28657750

>>28657684
100% agree

>> No.28657753

~50k top does sound like a pretty good number to reach and to start bear market.
I wonder what the bottom will be this time. Quick drop to 28k and then slow bleed over the next couple of years to 15k or something.
What sucks is that alt season only just properly started. This time around it took forever for those coins to really start moving.

>> No.28657754

>>28657684
Making predictions on the TA is like buying a book on how to get your ex-gf back

>> No.28657825

>>28656720
RSI can stay overbought for a long time in a true bull market

>> No.28657828
File: 17 KB, 333x499, yes.jpg [View same] [iqdb] [saucenao] [google]
28657828

>>28656720
>bull run pumps like crazy until Q4 of 2021 then crashes 80%

>> No.28657896

>>28657625
not a lagging indicator, fyi

>> No.28657916

BTC is obviously overvalued, but I don't think it will crash until around September or so. Everyone is going to try to time the market and sell early anticipating a crash in winter which will lead to a crash in summer.

>> No.28657917

Rhodl and s2f leave room to run. One last run at the belt once normies get stim then i'm out

>> No.28657932

>>28657828
this
the crash is gonna be epic, but this bullrun is just starting.
some coins will experience corrections in the meanwhile tho

>> No.28657979

>>28657916
er, a crash in late summer to early fall

>> No.28658015

>>28657390
When it doesnt hapen, people come up with another crazy shit idea that will happen. If that doesn't happen, rinse and repeat.

>> No.28658016

>>28656720
I don't hold btc, what effect would this have on the the rest of the market? ETH in particular.

>> No.28658096

>>28658016
When BTC crashes everything else will crash ~80%. In 2017-2018 alts didn't crater until a month or two after BTC peaked and we truly went into a bear phase.

>> No.28658195

>>28658016
Like clockwork every cycle BTC dumps 80-85%, ETH 90-95% and alts 99% killing most of them, lol. Ever heard of freicoin, quark, peercoin, primecoin, feathercoin?

>> No.28658228

i cant wait to crash im sick of hearing how my crypto mates are talking about retiring, buying lambos etc.

>> No.28658292

>>28657741
This is just reading DMAs..

>> No.28658294

>>28656720
We still have the first crash + correction, which will sometime between now and may. After this initial correction we'll have a short bear market, before the golden pump

>> No.28658373

>>28656720
I'm this fucking close to liquidating all my btc.
I refuse to miss out on another top

>> No.28658395

>>28656720
looks like we have until at least August

>> No.28658424

>>28658373
wait until these lines cross.

https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

>> No.28658431
File: 102 KB, 600x600, 1599027013594.png [View same] [iqdb] [saucenao] [google]
28658431

>>28658228
The crash's bottom will still be higher than what the price is now.

>> No.28658437

>>28658373
>dumping everything
very smart idea

>> No.28658479

>>28656720
Zoom out

>> No.28658484
File: 64 KB, 925x750, 1612794262381.png [View same] [iqdb] [saucenao] [google]
28658484

>>28656720

>> No.28658494

>>28658195
You now remember ICON, wanchain, Walton, etc. to say nothing of scams like deepbrain chain or Verge or Dentacoin kek

>> No.28658495

>>28658395
which means you don't, since everyone else can also see this chart
the idea is to frontrun everyone else
even selling now is a good idea. it will definitely be sub-47k this year so you can always rebuy.

>> No.28658582

>>28658373
if you make any money in this market, you're winning. i would say 95% of people lose and sell at a loss

>> No.28658594

>>28658373
Just take out 50% and see how it goes at least let always some btc in the game, if you have bought at 40k then is another story, don't get too greedy.

>> No.28658595

I think there's still room to run here. The retail interest hasn't really gotten obscene yet. In 2017 all of South Korea was in crypto and exchanges were routinely closed to new accounts or failing under heavy volume.

There also is a non-zero chance we will see a burst of inflation for the first time in a generation as people start spending after the pandemic ends. Bitcoin by design does well in that environment.

>> No.28658676
File: 234 KB, 545x530, 1597450766259.png [View same] [iqdb] [saucenao] [google]
28658676

Crypto has dumped in March every single year since Bitcoin's inception
>2 weeks left tops until first selloff

>> No.28658714

>>28658195
A sample size of 2.5 doesn't equate to clockwork.

>> No.28658728

>>28658595
I think that when we will pass the psicological level of 50k then we can really start to worry, there will be a big correction

>> No.28658763

>>28657896
>>28657825
yeah my bad. i do agree with your post though. also fundamental analysis trumps TA. TA is for entries and exits. importantly all the whales buying currently all believe TA is useless. so take that for what its worth.

>> No.28658762

>>28658495
good point

>> No.28658862

>>28657412
So what, he's also ignoring the increasing calls to regulate the crypto market, or the incoming India crypto ban.
He just shows patterns. If you ignore them, or if you act accordingly, is up to you.

>> No.28658865

>>28658728
idk man. what happens at 55k or so and btc is 10% of gold mc? you think it stops going up at that point. and that it wont continue to siphon mc from gold? doubtful.

>> No.28658889

>>28658595
2017 was insane. everyone bought in. this year there is no one left to buy the bags unfortunately. thank fuck tether is here to pump the price is all i can say

>> No.28658987

>>28658865
no but I think that a lot of people would sell at that level, most probably it will go up again

>> No.28659034

There is literally zero indication that it will crash outside of past examples when crypto was in its literal infancy and nobody with money bothered with it except to swing it. Times have changed. Billionaires and institutions have begun investing and utilizing crypto. This is probably the new normal.

>> No.28659097

>>28659034
Everyone said that in 2017.
>"Institutions are buying! Futures!"
80% correction still happened

>> No.28659195
File: 182 KB, 212x300, 1612838798834.gif [View same] [iqdb] [saucenao] [google]
28659195

>>28658424
Oh fuck they're about to cross.

>> No.28659206

>>28658987
sell to whom? greyscale? you think microstrategy and greyscale are weak hands? he said as much in interviews. he cant believe these idiots are selling him their btc. this is no longer a retail driven event. everybody knows to real top is 10mm. the local top might be 250-500k+. use TA to inform your exits around that analysis.

>> No.28659212

>>28658728
Usually, it's the other way around.
Remember when BTC pushed it's way to 5k? during the bullrun people were saying 10k is the psycological number, but it ended up blasting all the way to 20k

>> No.28659215

>>28659097
They SAID that, but it wasn't true. It is true now.

>> No.28659281

>>28659212
nice

>> No.28659283
File: 41 KB, 511x671, 158120C9-83FE-4F88-A32B-C6815AD30575.jpg [View same] [iqdb] [saucenao] [google]
28659283

>>28656720
weak fud didnt read get fucked nigger

>> No.28659313

>>28658494
To be fair, today is a red day for me with a lot of new coins, but if I had instead re-invested into my 2017/18 stack (ICX, FUN, OMG) I would have had a great day today. Even DBC has a +14% in the past 24 hours. Fucking. Hell.

>> No.28659328

>>28659195
I think the most likely outcome is a small crash and then another leg up through the rest of the year starting late spring, followed by another top and a big crash later like 2013. There will absolutely be a crash this year though.

>> No.28659338

>>28657390
Me too, and now I'm scared.

>> No.28659362

>>28659212
Half of the gains of the final pump will happen in the last week.

>> No.28659417
File: 220 KB, 1920x1486, 7yque5zrwi541[1].jpg [View same] [iqdb] [saucenao] [google]
28659417

>>28656720
He posted the chart. Pump it.

>> No.28659459

>>28658479
Clearly you didn't even look at OP's pic.

>> No.28659490

>>28658424
still aug

>> No.28659493

>>28658431
This

>> No.28659494

>>28658582
Still not sure how this is possible, who the fuck is buying the top and selling at a loss? Surely not 95% of people. Anyone who bought last summer isn't losing any money, even after a correction/crash

>> No.28659517

>>28657390
true. buy can't the indicator keep rising indefinitely until it doesnt? hard to time the top off a lagging indicator

>> No.28659765

>>28659362
thank you for this

>> No.28659768

>>28658096
im new to this, what can we do in a bear market to earn some gainz?

>> No.28659882

>>28657625
>>28659517
RSI isn't delayed. It's not a lagging indicator like moving averages or MACD. It's one of the best indicators and provides instant data.

>> No.28659955

>>28659494
no one was buying last summer. normies are starting to come in now at the top

>> No.28660023

>>28659882
yeah i retracted my mistake.

>> No.28660050

>>28659768
margin short

>> No.28660086

>>28658582

Is this really true tho? I'm a brainlet yet made $50k so far since Jan.

>> No.28660090

>>28659768
The only reason I didn't lose all my money was because I literally went all in on chainlink based on /biz/ memes, so obviously find the next big meme after the crash and go all in then wait 3-4 years.

>> No.28660128

>>28659768
suck some dicks in the home depot parking lot

>> No.28660142

>>28659882
however isnt the underlying assumption is that the past and present buyers have the same profile? clearly they do not. so rsi will only give an isolated measure of sentiment.

>> No.28660176

>>28656720
no fucking shit
4 year cycles end in december

>> No.28660241
File: 194 KB, 1110x649, 1603336237817.jpg [View same] [iqdb] [saucenao] [google]
28660241

>>28659955

>> No.28660282

>>28656720
>One post by this ID

>> No.28660308

>>28660241
again, this is not a sample of current whales

>> No.28660330
File: 27 KB, 618x400, 9876567635664.jpg [View same] [iqdb] [saucenao] [google]
28660330

>>28656779
Pretty much this. Crypto has a learning curve. Unlike stonks.
When the BTC dopamine rush wears off the cattle will learn about the shitcoins and keep coming even stronger. We have only scratched the surface.
We have months left in this to fleece the normie cattle. It will actually get even easier. BTC is the gateway drug. But be ready to dump when shit tier normies start talking about staking various alt coins, details on the XRP/SEC lawsuit, or when the guy that runs the spinning classes at your gym gets his first HW wallet. That's when you sell.

>> No.28660372

>>28656779
>TESLA will keep people invested
Elon is going to play the same trick twice?

>> No.28660403

>>28656720
You do realize that the double tops you have highlighted are a 5 month range each time. We have a ways to go before this is over

>> No.28660405

>>28656793
This is if you look at the point we are currently in relation to 2017 the market cycles seem to be eerily symmetrical. We are currently at around march of 2017

>> No.28660440

>>28657390
this.
I gave no life whatsoever and havent seen the op chart

>> No.28660462

>>28659768
Not killing yourself is probably the best you can do.

>> No.28660467

>>28657390
You haven't looked at the RSI on a monthly time frame before? That says more about you than anything.

>> No.28660481

>>28656720
Your own chart says crash in 6 months. How is that imminent

>> No.28660512
File: 204 KB, 1600x960, 7C33E8E3-822A-4503-B96C-7F06D1F0F7EA.jpg [View same] [iqdb] [saucenao] [google]
28660512

We are not even close to the end of the bull market

>> No.28660526

>>28656720
Even based on your shitty ass meme chart the crash won't happen until around end of Q3 2021.
If anyone sell now they are gonna miss out on a fuckload of gains.

>> No.28660647

>>28660512
I like this chart very much. Where'd you find it?

>> No.28660663

>>28659768
short and/or hold link

>> No.28660715

>>28660647
Twitter, @halvingtracker

>> No.28660721

>>28656720
We hit 95 in q2 2017, then went another 5-6x on btc before the blowoff top. Relax fags and just trade with the trend (up)

>> No.28660801

>>28660715
Awesome, thanks!

>> No.28660958

>>28659768
Buy BTC at the bottom and wait 2 years

>> No.28661014
File: 175 KB, 1136x1061, 1596875590801.jpg [View same] [iqdb] [saucenao] [google]
28661014

>>28660330
>that pic

>> No.28661088

>>28656720
so what you're saying is we have 7 RSI of sweet pumping action remaining

why get off the ride now? I deserve those 7 RSI

>> No.28661089
File: 21 KB, 474x299, 1610042096494.jpg [View same] [iqdb] [saucenao] [google]
28661089

>>28661014
Ivanka Trump's name is now Yael Kushner.

>> No.28661152
File: 2.93 MB, 6762x4602, 1586472856684.jpg [View same] [iqdb] [saucenao] [google]
28661152

>>28661089

>> No.28661399
File: 62 KB, 1173x730, Untitled.png [View same] [iqdb] [saucenao] [google]
28661399

https://www.lookintobitcoin.com/charts/rhodl-ratio/

>> No.28661414

>>28656720
I think with the insurgence of new gigacompanies coming into the crypto game. We will see a slight drop in RSI, however to a point in which it is a viable option for them to capitalize their fiat on the machine, or. They will put it all in a new "cheaper" token and BLAST that off to the moon.

Check-em!

>> No.28661519

>>28656720
most of the time when I sell, I end up losing money. I could take profits but if it tanks no big deal I'll just wait it out

>> No.28661522

Yes yes big crash soon, sell imediately you must get into USD very quickly

>> No.28661605

>>28657484
try 7

>> No.28661925

>>28656720
nope lol

>> No.28661929

>>28656720
RSI is a meme indicator that doesn't tell you jack shit during a golden bull run

>> No.28662046
File: 8 KB, 225x225, download.jpg [View same] [iqdb] [saucenao] [google]
28662046

>>28657741

WTF So the crash is only days away according to this shit???

>> No.28662182
File: 89 KB, 640x640, delet this in english.jpg [View same] [iqdb] [saucenao] [google]
28662182

>>28661399
DELET

>> No.28662192

>>28661152
damn this is turning me antisemitic bros

>> No.28662300
File: 56 KB, 1137x583, Screenshot_1.png [View same] [iqdb] [saucenao] [google]
28662300

>>28656720
>he doesn't know

>> No.28662377

>>28662300
what did he mean by this?

>> No.28662475

You nerds with your charts have been wrong about everything. This is why you're poor

>> No.28662522

>>28662300
REMOVE THIS YOU GOD DAMN HIPPIE

>> No.28662533

>>28662377
hasnt even crost the rhodl ratio yet bro

>> No.28662703
File: 1.30 MB, 708x1194, 1611082607527.png [View same] [iqdb] [saucenao] [google]
28662703

There's no crash. BTC will simply keep going up at this point. It literally is different this time. Everyone is invested into it, there's a lot more trust. cap this for posterity.

>> No.28662702

>>28658676
this is the first year amerifats get 1400 stimmy to spend on coinbase and robinhood

>> No.28662864

>>28659328
I feel like I read this exact post in Jan 2018

>> No.28662945

>>28656720

Thank you bobo. Just sold 100k

>> No.28662982

>>28662300
>>28661399
Kek, enjoy that meme.

>> No.28663049

>>28662864
what happened back then

>> No.28663162
File: 41 KB, 492x450, 1596506929704.jpg [View same] [iqdb] [saucenao] [google]
28663162

>>28662046
It's very close. Most likely not days, but two weeks perhaps. Probably five at most.

Combine >>28657741 in your head with the RSI analysis in the OP pic, they support each other and both tells you we're getting very close.

>> No.28663216

BTC will go up for as long as Tether keeps printing
That may also end in 2 weeks

>> No.28663257

>>28663162
>It's very close. Most likely not days, but two weeks perhaps. Probably five at most.

wow that's amazing, can you tell me more about the future? What is it like there, did Joe Biden die yet?

>> No.28663349

>>2865698
>Casually buys 4.7 billion usd worth of bitcoin to spite op
Dangerously based

>> No.28663468

>>28663257
Joe is still alive and you'll still be sucking his dick.

>> No.28663481

>>28663216
why does that matter

>> No.28663500

>>28663468
I'm a bit too old for Joe's tastes

>> No.28663543

>>28663216
>BTC will go up for as long as Tether keeps printing
>That may also end in 2 weeks

Why will they stop printing in 2 weeks???

>> No.28664504

>>28662300
Imagine believing in something called the hodl ratio. It's literally all about tether printing

>> No.28664565

>>28659955
>no one was buying last summer
Except smart money, including most everyone posting here I would wager

>> No.28664620

>>28660241
Their faces stir the hate within me

>> No.28664787

>>28662703
btc has no top bc fiat has no bottom

>> No.28664966

>>28662703
How much btc do I need to fuck a different boutinela instagram model everyday?

>> No.28665197 [DELETED] 

>Forming a pattern from 2 cycles

NGMI

>> No.28665970

>>28656720
Nearly everything has mooned, it really shouldnt be long for a phat correction.

>> No.28665985

>>28662703
Must fill with babies

>> No.28666072

>>28656720
So the RSI might reset but that graph doesn't accurately indicate what you think the price will do; you're just attempting to use a graph most of us don't understand to get replies

>> No.28666210

>>28656720
lmao seething bears aren't gonna make it imagine shorting the future of money

>> No.28666331

>>28657916
which will lead to crash in spring
which will lead to crash today

>> No.28666376

>>28665197
Nothing can just keeps going up. There will be many chances to pick up crypto at a lower prices down the road. Best time will be when nobody is talking about crypto on biz and the active users falls by 66%

>> No.28666489
File: 440 KB, 517x349, 1612243323239.png [View same] [iqdb] [saucenao] [google]
28666489

I LITERALLY just bought today because I didn't want to wait until Tuesday to see stocks go up and down. I deserve to lose at this point.

>> No.28666724

>>28662703
2k * the rest of your lifespan in days + whatever you need to live

>> No.28667101

>>28657684
Actually it’s incorrect. The movements that happen happen for a reason too. You don’t need to know anything about the underlying to make predictions. Go watch Ben cowen. He predicts link at 100 by June. He does t guarantee it and says past doesn’t predict the future but there’s a wealth of data underlying prior movements that can signal the strength and the growth. Link for example well nobody sells it so it’s easier to predict.

>> No.28667391
File: 71 KB, 200x281, greeeen.png [View same] [iqdb] [saucenao] [google]
28667391

>>28661399
https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/
This. We are over halfway there but its still a good ways until the top.

>> No.28667412

>>28664620
I never knew irrational rage and hatred until I scrolled through some YT thumbnails.

>> No.28667523

>>28657484
Every time there’s a magical new explanation of why “this time is different”. It’s not. Markets do not go up indefinitely, the crypto market is highly cyclical and it’s going to dump extremely violently just like it did in 2018, the question is obviously when.

>> No.28668419

>>28660405
What happened in march?

>> No.28668851
File: 353 KB, 757x819, 1612153072274.jpg [View same] [iqdb] [saucenao] [google]
28668851

>>28667523
the fact that everyone on this board seems to be aware a dump is coming tells me that when it does happen, everyone will scramble to take profits at once.

the giant red candle will be like none we have ever seen. imagine if it goes straight down to 6k in one night, lol.

>> No.28669387

>>28660512
>>28660715
cool

>> No.28669513

>>28664787
Basically this

>> No.28669546

>>28668851
>>28667523
take your meds
shorting and the influx of institutional investors buying as much as they can to have centralized power over this market has ended this weird fantasy of people like you. The only crash that can happen is the one starting at wallstreets/banks

>> No.28669554

Fear and greed index at 95: extremely greedy
https://alternative.me/crypto/fear-and-greed-index/

>> No.28669578

>>28669546
fucking THIS , lots of new fags still dont get it.

>> No.28669863

>>28669546
crypto is the only free market left in the planet. there is no Fed to pull the circuit breakers when there's volatility. the presence of bankers/institutions in crypto changes nothing. it doesn't make crypto any more like traditional markets just cause they bought bags too.

>> No.28669981

>>28656720
I don't think it'll crash or anything this time, too many people are backing it and now companies are acknowledging it's value for transactions.

I think a dip is not gonna happen as strong as before ever again.

>> No.28670056

>>28656720
Bullish for me buying more DIA with the profits I already took

>> No.28670071

>>28660405
Exactly. It's going to keep pumping until December with a few scary pit stops along the way.

>> No.28670196

>>28656720
Literally don't care. Let it crash so that I can accumulate on the cheap. Holding forever.

>> No.28670223
File: 703 KB, 1920x1080, starkitty.jpg [View same] [iqdb] [saucenao] [google]
28670223

You guys do realize that with Tesla and now Apple (not to mention Visa, Mastercard etc etc) aping into BTC means that other companies basically have to look into doing the same in order to keep up in market with their competitors? It's unironically happening this time.

>> No.28670333

>>286695467>>28669578

We have seen this time and time again even when 'investors' where getting in late 2017. If the stock market falls, crypto follows. Crypto is still to small to break away from traditional assets.

Just look at early 2020. While the whole board was pink wojacks I was scopping up eth under $150 after selling most in 2017 for around 1k. Yeah I didn't time the market in 2017 at the high but still got out with 10x gains. Currently down to half my eth stock now with the recent push above 1800.

>> No.28670367

>>28658195
I remember ELF and FUN.
I was a FUNchad once upon a time...

>> No.28670663

>>28657741
If that chart is, in fact, a reliable indicator of future trends, then BTC is headed close to 100k on this run

>> No.28670677

I hope you retarded faggots only have 1-5% of your total portfolio on cryptoshit if you go balls out on this shit you'll be a retarded faggot.

>> No.28671627

>>28670677
why? just pull out before you lose 20%, you gain from bull anyways

>> No.28671804
File: 58 KB, 640x360, 54325623434543.jpg [View same] [iqdb] [saucenao] [google]
28671804

01/07/2020
>HUGE crash is IMMINENT
01/08/2020
>HUGE crash is IMMINENT
01/09/2020
>HUGE crash is IMMINENT
01/10/2020
>HUGE crash is IMMINENT
01/11/2020
>HUGE crash is IMMINENT
01/12/2020
>HUGE crash is IMMINENT
01/01/2021
>HUGE crash is IMMINENT
14/02/2021
>HUGE crash is IMMINENT

>> No.28671883

Wasn't the Dec 2017 crash because that japanese guy market sold 20,000 of bitcoins "hacked" from the gemini exchange?

>> No.28671981
File: 196 KB, 1035x1035, 798C4340-2E3E-4C80-B8E7-9DD8BBA13C75.jpg [View same] [iqdb] [saucenao] [google]
28671981

>>28656720

>> No.28671986

>applying researched data analytics to crypto


This is why boomers will never make it


It's not like your jew market where you can manipulate the price to dab on normies. Crypto BTC will 100% dab and do a 180 when it feels like it bitch

*buuuurp*

>> No.28672122

>>28671804
If not whale who bought the top it will be crushed already. Rumors about tesla 1.5b is fake though.

>> No.28672202

>>28660512
See how each cycle the % pump is less. Chart is telling me we are nearly at the top.

>> No.28672270

>>28657684
TA doesn’t take into account the mass of liquidity (normie+institutional) ready to jump in at ATH cause even at ATH there is literally nothing like BTC

>> No.28673766

>>28656720
Fuck. Guess it's time to sell.

>> No.28673782

>>28656720
no
its different this time

>> No.28673838
File: 55 KB, 600x800, 1608170045181.jpg [View same] [iqdb] [saucenao] [google]
28673838

>>28656720
Buy Algo, its much less volatile and you get 7 percent apy.

>> No.28673889

>>28668419
I believe march started a massive alt season in 2017.

>> No.28674009
File: 201 KB, 1200x878, 755B19FD-96DB-4666-AE39-845E5CC73464.jpg [View same] [iqdb] [saucenao] [google]
28674009

Wrong, Alts are just warming up. XTZ to $20 watch

>> No.28674481

>>28656720
We are going to 500k, and there's literally nothing you can do about it.

t. 210 btc holder

>> No.28674575

>>28657753
should i sell all alts?

>> No.28674603

>>28656779
The newest of fags

>> No.28674691

>>28674575
Don't listen to that jew. Alt season is just starting, normies are still FOMOing, companies are still investing. We got a couple months until then. If you hear people talking about bitcoin when you're standing in line at the grocery store (normal people, not autists) then you can worry.

>> No.28674766

>>28659768
Switch to stablecoins (deposit them for interest rates), then buy btc and eth when they bottom out

>> No.28674784

>>28656720
So there's a bear coming that's going to coincide with the September dump. Good times.

>> No.28674816

>>28658595
>inflation
>>28659034
>>28657412
>>28670223
>>28659206
>>28672270
>>28674691
>institutions

https://video-ideas.tradingview.com/6/64414-QN6uc4W-hSU427vc.mp4

>> No.28675000

>>28657550
purchase commodities

>> No.28675077

>>28668851
I pray this will happen so I can fill my bags. I have tons of fiat waiting on the sidelines just for this.

>> No.28675612

Stop being faggots and listen, you'd all be dead if it wasn't for my OP!

>> No.28675689
File: 152 KB, 300x300, OPsdad.png [View same] [iqdb] [saucenao] [google]
28675689

>> No.28676070

>>28675077
>losing gains by waiting for crash
ngmi

>> No.28676366

>>28660241
niggers come in all shapes and colours

>> No.28676451

>>28660663
Link is a biz board ponzi

>> No.28676550

u know what i'll do when it dips
I'll dca some more
big whoops OP
I have held btc for years, and will for more years to come.

>> No.28676576

>>28656720
usually when i get frustrated with a particular asset class, it crabs or dumps for a while. and right now i'm frustrated with every asset class on the planet

>> No.28676604

>>28656720
>1 post by this ID

its a monthly. we may be halfway to peak levels, so what? there is so much time left and everything rallies severel hundred percents still, nice FUD tho

if you want to play it safe start taking profits @ 5T total mcap

>> No.28676712

you see these FUD posts but OP could have easily went all in taking out a loan and buying BTC a few months ago to profit. Instead he missed out and is coping by drawing some lines and if your so confident why don't you short BTC

>> No.28676926

>>28660467
>using RSI for a period of time greater than a month
Totally indicative yeah ngmi

>> No.28676978
File: 72 KB, 813x551, D4QHjQYP.jpg [View same] [iqdb] [saucenao] [google]
28676978

>>28674481

>We are going to 500k, and there's literally nothing you can do about it.

>t. fomod in at 48k

>> No.28677269

I now a big correction or crash is incoming because my dad and uncle are starting to ask me questions about crypto again.

>> No.28677276

>>28660241
I hate all of these faggots and I hope they go bankrupt.

>> No.28677471
File: 210 KB, 961x671, bear bull.jpg [View same] [iqdb] [saucenao] [google]
28677471

>>28676978
absolutely delusional, i would say you have maximum 1 month and x 2 left, but that's an optimist prediction. Imo you have 2 weeks and 60 k top max before you will get pwnd. SCREENCAP THIS

>> No.28677550

>>28660090
Dfohub this time.

>> No.28677661

>>28670223
+1

>> No.28677776

>>28656720
if the top were 48,800 (it is not) BTC would cross it again around Feb 2022, i.e. thi is not the top, kek

>> No.28677790

>>28657753
>50k
Psychological barrier. Its 2017 and 20k all over again

>> No.28677847

>>28662703
you don't understand how markets work do you.

>> No.28677855

>>28657753

You're a fucking moron if you think crypto is going back to a long bear season. Just kill yourself.

>> No.28677869

>>28677471
if the top were 60k (it is not), BTC would cross it again in May 2022, kek

>> No.28677871

>>28671804
it only needs to happen once.

>> No.28677892
File: 763 KB, 2932x3086, China Israel Military.png [View same] [iqdb] [saucenao] [google]
28677892

>>28661014
>quote contained in a book about business advice Trump received
>"Guy Oseary" written in enormity at the top of the page, denoting that it is his quote, in a book that is filled with dozens if not hundreds of them belonging to different people
>try and frame it as Trump admitting to being Jewish himself

Holy shit you're one stupid schizo faggot, if you want to make people seethe about Jews point out how Israel has been taking the money (approx. $3 billion a year) intended to bolster their military and turning around and selling this equipment and any state secrets it contains directly to China and has been doing it pretty much since their inception in the 60s because their population that came over here from Eastern Europe were the only communists that didn't starve.

>> No.28677913
File: 70 KB, 600x600, wynaut.jpg [View same] [iqdb] [saucenao] [google]
28677913

And while ya'll are crashing I'll be enjoying success in my little revolutionary corner of the market ::)

>>28675795

>> No.28677946

>>28657013
Exactly.

>> No.28678040
File: 727 KB, 1588x2036, esoteric finance.png [View same] [iqdb] [saucenao] [google]
28678040

>>28669546
meds not taken, illusion dissipated

>> No.28678042

>>28659206
Hahha whatever, -50% means cheap entri s but it also triggers stop loses and fund runs, imbecile some here did 2 cycles, and many lost a lot missing the top, the panic will be surreal if shit hits the fan

>> No.28678112

>>28676712
this, but unironically

>> No.28678300

>>28656720
>IMMINENT
literally more than half a year away with opportunities to 2x-100x your bags before calmly seeking the exit. kys

>> No.28678552

>>28677269
Thus

>> No.28678900

>>28660330
>>28656779
so basically what youre saying is "this time is different". thanks for sell signal you complete newfags

>> No.28679036

>>28678900
Go ahead and sell, post proofs. You selling is not a threat to anybody you retard

>> No.28679058

>>28667523
This is adoption though. 2017 was speculation

>> No.28679129
File: 34 KB, 1014x519, Clipboard01.jpg [View same] [iqdb] [saucenao] [google]
28679129

>>28667523
>Markets do not go up indefinitely
No but they do sometimes go up for your entire life

>> No.28679235

>>28677269
Same here, my normie work colleagues are invested in iota(albeit indirectly through etoro), and more and more normies are starting to talk about btc and crypto.

>> No.28679273

>>28677776
Tell me more about the future, lol

>> No.28679287

>>28678900

No, you're saying "this time is different" having BTC dump this early to the bullrun. Retards like you have been consistently been proven wrong EVERY SINGLE TIME these last 10 years. Have fun watching from the sidelines as everyone else makes a 10x

>> No.28679333

>>28658889
Not true. I know like 10 people who knew nothing about crypto in 2017 that bought chainlink in 2021. So really 2017 was just an appetizer for what 2021, THE YEAR OF THE OX, will be

>> No.28679380

>>28656779
Cope

>> No.28679397

>>28676366
Kek

>> No.28679712
File: 3.09 MB, 2048x1536, heed-these-words-of-warning-ethereum-founder-threatens-to-leave-if-the-crypto-community-doesnt-grow-up.png [View same] [iqdb] [saucenao] [google]
28679712

It's impossible to time the exact top. Just HODL for 5 years and stop trying to time the market

>> No.28679830

Why is everyone going on about institutional investment? Literally all that has happened is Tesla have bought a relatively small amount (in the grand scheme of things) and said they might accept BTC payments in the future. The real cope on here is people acting like it isn't doing to dump heavily at the first sign of a sustained 3-4 day drop, probably shortly after Americans stop getting given free money to dump into crypto and stocks.

>> No.28679842

>>28667523
This

>> No.28679987
File: 43 KB, 554x554, 1610531431524.jpg [View same] [iqdb] [saucenao] [google]
28679987

>>28656857
>>28657390
If they post everyday they won't be wrong because it'll happen someday and then they'll be right

CHECKMATE, MUMUS

>> No.28680065
File: 224 KB, 1774x1009, memelines.jpg [View same] [iqdb] [saucenao] [google]
28680065

>>28658015
When my mother asked me if I had invested in GME (I sold back in december lol) three weeks ago, I knew it was too late to get in on that pump. When your boomer mom asks you if you've bought crypto, you'll know that that is 100% the top and can sell and not have to fear.

>> No.28680170

>>28656720
thanks buddy for helping me selling a top. you are a real hero

>> No.28680205

I think Bitcoin will crash once it reaches $50k.
It may climb beyond it a bit but lots of people will be selling.
Also that's when the media will start the mania phase again.
Pay close attention and sell at the right moment boys.

>> No.28680255

>>28656720
No, it's too early. BTC is going to hit $460k in this cycle and after that it'll crash and never recover.

You have time until December to make it.

>> No.28680266

>>28680205
i think there's way too much positive news that jusst came out for that to happen

>> No.28680481

>>28656720
>tfw feel the FOMO to cash out some shit stocks and put that into crypto
>but know that it's might crash soon, knowing the luck, probably just after the purchase
>buying after the crash is smarter, but then you need to wait few years for new suckers
eh

>> No.28680499

Hey guys, I'm a normie who bought right at the beginning of December 2017, and it crashed a little over a month later. I just bought again last week, for the the time since then, so you have about a month

>> No.28680572

>>28680499
Based and normiepilled

>> No.28680608

>>28680499
desperate bobo

>> No.28680665

>>28656720
>monthly
this means probably another couple of bullish months. maybe more

>> No.28680689

>>28680065
Please make a thread when your mom asks you

>> No.28680849

>>28680205
This will be the case for when it gets to $100k this Winter

>> No.28680892

>>28680499
you're awared by buying last time, congrats on getting in at the right time this time

>> No.28680937

It feels really bubbly, even some of my friends who only invest in bank funds(lol) are talking about possibly getting into crypto and options trading.

But it’s very hard to predict the top and the biggest gains are made near the top. I guess I will just hold btc and eth and dca more during the bear phase, it’s too hard to time

>> No.28680969

>>28657390
@MMCrypto was talking about it today

>> No.28681063

>>28674816
Based norok

>> No.28681094

>(unironically)
Massive buy signal

>> No.28681113

>>28656720
Correct
People buying at current prices are about to get rekt. Screencap this.

>> No.28681190

>>28663162
>OP pic
OP's pic would suggest a correction in the next few weeks and the peak is around september.

>> No.28681256

>>28658494
I was around for those. People think it won't happen again just confirms we are very close to a crash.

>> No.28681343

>>28657916
>BTC is obviously overvalued
You fucking morons have been saying this since $10. Just admit you have no clue about the 'true' value of anything you dumb fucks.

>> No.28681376

>>28662703
Your post will not age well kek
Truth is OP is right. Crash is imminent.

>> No.28681380

Remember the tether fud last few months? Where are you faggots?

>> No.28681464

>every fucking day
>of every fucking week
>of every fucking month
Meanwhile, BTC +10000%

>> No.28681497

>>28656720
Would be pretty healthy for the market but unfortunately the market manipulation by Elon musk etc delay the imminent correction again and again.

>> No.28681585

>>28679058
BTC has no adoption you stupid fuck

>> No.28681605

>>28656720
i will do the needful and sell!

>> No.28681620

>>28674691
This is literally happening already

>> No.28681666

>>28677269
Same here my mom and her 60 something friend are asking me about Doge. Definitely time to get out.

>> No.28681687

>>28658676
Is this true?

>> No.28681740

>>28679287
The 10x Already happened

>> No.28681793
File: 144 KB, 720x482, memeline.png [View same] [iqdb] [saucenao] [google]
28681793

>>28680689
You know what, cunt? I will. We're in the "media attention" phase anyway.

>> No.28681850

>>28656779
>new paradigm!!!
Yup. This is the top.

>> No.28681878

>>28656720
NO YOU CAN'T. I MISSED ALL THE 10x'S , YOU CAN'T ENTER A BEAR MARKET RIGHT NOW, YOU CAN'T CORRECT RIGHT THE FUCK NOW

I NEED MY 1500x TO MAKE IT

>> No.28681976

will this shit ever go to 20k again?

>> No.28682015
File: 859 KB, 1125x2436, 439B99EC-1442-40D3-A448-CF8633B63120.png [View same] [iqdb] [saucenao] [google]
28682015

>>28656720
You must be a billionaire like all the other technical analysis billionaires.

Did this also happen last time?

>> No.28682438

>>28681343
Anon, look at buy/sell orders. Whales are literally placing orders to maintain the price at a certain threshold. This isn't sustainable in the long term.

>> No.28682474

>>28657828
I think this is the most likely scenario.
Fomo hasn't even started, we got a few weeks of alt season and now we're waiting for the next leg up.
Feels like spring/summer 2017 to me.

>> No.28682790

LISTEN UP NIGGERS
FAGGOTS LIKE OP >>28656720 CAN'T READ THE MARKET
BTC WILL CRASH AND BURN AND THEN REBOUND NOT BECAUSE OF SOME MEME INDICATORS BUT BECAUSE OF MARKET MECHANICS
CAN ANYONE TELL ME WHY, AND WHAT PRICE IT WILL CRASH DOWN TO?
Anyone who can do it actually knows who to trade, everyone else is just retarded and should lose all their money

>> No.28682865

>>28682790
i just follow these indicators
https://decentrader.com/charts/rhodl-ratio/
https://www.blockchaincenter.net/bitcoin-rainbow-chart/

i also listen to my own instinict i was right last time and i did sell jut little below the top

>> No.28682931

>>28682865
indicators are memes
answer me, why it will crash and what price will it hit

>> No.28683001

>>28670223
They will pump it to like 53k and then dump it on you down to 10k so they can buy up more

>> No.28683065

>>28682931
Kys you stupid retard

>> No.28683115

>>28657390
I’ve seen this posted in one other thread and that’s it, I work a 12 hour shift everyday and spend 7-8 hours browsing biz.

>> No.28683155
File: 225 KB, 600x718, 1582860199062.jpg [View same] [iqdb] [saucenao] [google]
28683155

>reading this thread
>tv sounds come from the living room
>news report is talking about bitcoin
oh non ono non ono non o non o

>> No.28683199

>>28683065
answer me >>28682790

>> No.28683238

>>28656720
Post your short position

>> No.28683305

So what's happening to alts when?

>> No.28683308

>>28683199
I don't waste my time talking to retards. If you don't understand the premise of TA you are just a retard

>> No.28683313

>>28681976
Could easily go under $20k again. But who knows

>>28682790
>CAN ANYONE TELL ME WHY
Because markets
AND WHAT PRICE IT WILL CRASH DOWN TO?
$9,999

>> No.28683316

>>28682931
you are moron it not possible to predict right now how much fomo we will see it can burst at 80k or 120k and maybe even more

>> No.28683334

>>28683155
kek
like a movie

>> No.28683507

>>28657171
>BTC crashes
just hold it for a few years

if you sell you're losing out on gains nigger

>> No.28683510

>>28683308
why will XBT crash and what price will it hit?
if you don't know both questions you are clueless and should lose all your money go broke and up homeless and off yourself

>>28683313
>because markets
be more specific
>9,999
close but I feel this is just guessing

>>28683316
I'm not predicting anything, I am talking about market mechanics
It can go up to 500k and then crash, it doesn't make a difference
I'm asking WHY it will crash and WHAT PRICE will it hit after it crashes

>> No.28683562

>>28664620
>>28667412
I totally get the same feeling. Very intensely.

>> No.28683656

>>28662703
I hope so. I bought btc at 42k like a silly goose!

>> No.28683752

>>28656720
it has been overbought for a really long time, basically since tjhe start of the lockdown. difference is, big players are now part of the game, tesla bought at 38k or so. apple etc... might wana buy at a lower price. honestly if i were the hedgefunds that bought btc back in march i would use the amount they have to short tesla and pull a big squeeze, that stocks way overvalued

>> No.28683777

all cryptos are useless bubbles, but they can cost even 1 mln if you find a retard who will pay for this.

>> No.28683971

>>28683510
>close but I feel this is just guessing
I am guessing, but it's the best I've got

>> No.28684053

>>28660512
>https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

I like this chart but bear in mind bitcoin is not going to follow these cycles forever. We are getting closer to no more mining and also acceptance.

>> No.28684121

>crash imminent
>chart predicts 5 months of violently bullish activity
what did OP mean by this

>> No.28684170

>>28683510
inform us anon I'm curious to hear some true market insight

>> No.28684185
File: 2.17 MB, 520x256, wolf of crypto.gif [View same] [iqdb] [saucenao] [google]
28684185

>>28656720
READ THIS:
If you check monthly RSI from tradingview for example you can see that in 2017 monthly RSI was at 89 (like now) and it did take SIX MONTHS to get to 95 and start of the crash

Yes, we are close in a monthly view, which will take 4-6 months at least

>> No.28684189

>>28659768
ignore anyone telling you too long or short using margin. That’s the literally best advice I can give you relating to crypto. Never, never margin trade. You will lose everything. 100%. I’m not kidding.

>> No.28684204

ITT
NIGGERS WITH 0 KNOWLEDGE OF MARKET MECHANICS

>>28683971
props for trying and being close

>> No.28684244

>>28684170
answer my 2 questions first

>> No.28684587

>>28656720
https://www.lookintobitcoin.com/charts/mvrv-zscore/

we reach 100k in this bullrun

>> No.28684590

>>28656720
Companies will start adding BTC to their balance sheet because it makes the stock go up. Tesla set the precedent. Only a retarded CFO wouldn't make that move. Every time a company announces the buy, BTC will go up. Next company to do it is Oracle. And we're not even considering banks, hedge funds, governments, etc. This is still bullish and it will hit at least 100K.
You'll want to KYS in a couple months if you pull out now.

>> No.28684619

>>28670223
Institutions do not need high bitcoin prices also, they won't buy high.
1.5b worth of btc being bought is actually future black swan even, happening very soon.

>> No.28684620

>>28657062
Pretty much this, I've been all cash since the start of the year and I'm waiting for this shit to crash and burn so I can laugh from the sidelines and start accumulating again.
Rinse and repeat, BTC is still a PnD like it always has been.

>> No.28684805
File: 32 KB, 1223x652, 1.png [View same] [iqdb] [saucenao] [google]
28684805

Look at this buy pressure. 50K today guaranteed.

>> No.28684833

>>28684590
You retard, tesla buy is a trick to cause greed. You have seen a black swan that looks like a bull flag. This 1.5b bagholder going to crush the market.

>> No.28684866

>>28682790
~$12,500
>peak of last bull run minus ~30%
>consolidation period
>opportunity to take advantage of favorable BTC : ALT conversions
>Most traders trade for BTC and as a result in order to bring down the market in one fell swoop it’s imperative to temporarily kill the king
Not claiming to be a market expert, but figured I’d give it a shot nonetheless. Godspeed

>> No.28684956

>>28679987
This

>> No.28685034

>>28684833
So you're telling me a company can buy an asset that makes the stock price go up and then sell that asset later for a profit? Huh... If I was a CFO I sure wouldn't buy that asset!

>> No.28685049

>>28684189
just because you lost, doesnt mean everyone does. if ur margin trading 5900 bucks at x100 leverage you are literally an idiot

>> No.28685571
File: 134 KB, 904x864, 1612281874715.png [View same] [iqdb] [saucenao] [google]
28685571

>>28682790
Absolute brainlet detected. And you FOMO'd in near the ATH, didn't you? Yep, you did. Crypto babbies who FOMO in near ATHs always get triggered as fuck when anyone shows them bearish TA. Show them bullish TA and they support it ofc. But show bearish TA, they have a knee-jerk reaction and whine and moan like a kvetching jew about how TA is a meme etc.

Imagine being so incredibly ignorant that you think RSI is a "meme indicator", especially when it's used in such a solid and bulletproof way as in the OP.

Imagine being so dumb (low IQ) that you don't understand TA is all about market mechanics; that it simply allows you to see the mechanics. TA is technical analysis. Analysis. Apparently that's a big brain word to brainlets, which they can't comprehend. Imagine being so mentally messed up that you think people who use and show TA believe "the market will do what my TA is commanding it to do" etc, when it's obvious to everyone else (who has White level of IQ as opposed to sub-saharan african) that TA merely shows what's going on; it doesn't /do/ or /cause/ anything; price does not move because of "meme lines" -- rather the "meme lines" merely show you what the price is doing; it's a tool which helps people see what's happening.

When crypto babbies who have that bizarre idea that TA users believe the price will "obey" and "follow" their TA, when they go to windy.com and select temperature and look around, they think:
>Durrhhp, do these weather forecast fags really think the weather will obey these graphics?? haha hurr durr they believe painting these colors here will /make it/ cold lmao and these white moving things will /make the wind blow/ hahaha astrologers

That's the level of absolute idiocity we're dealing with when we see crypto babbies and ATH FOMO'ers whine about TA and write "meme lines". That's what their minds are like.