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/biz/ - Business & Finance

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57591910 No.57591910 [Reply] [Original]

Jesus fuckin ...

SELL BEFORE ITS TOO LATE

>> No.57591960

>>57591910
You were warned so many times at 50k.
You were even warned about the resistance: >>57586700 quote:

>It stopped at 50k because BTC yet again hit the long-term super resistance. That is, the long-term support that turned into resistance; the support which begins in 2013 which the global BTCUSD market in 2015 began trading as THE support, and which failed in September 2022 and has since been traded as resistance. When a support turns into a resistance, the longer the support lasted and stronger it was; the stronger a resistance it becomes. BTC has tested this super resistance multiple times since it was transformed from support into resistance (Sept 2022) and each time BTC has been violently thrown down. Since this resistance is on such a zoomed out scale there's no exact numbers to go by and it's more of a "zone" or "area" of resistance rather than a strict hard line. BTC could pump a few k more and still be *just at* the resistance. Since the resistance is angled upwards the numbers are higher going forwards in time. Right now the center of the resistance is between 49k to 53k or so.

>See this: >>/biz/thread/56938913 <-- That's the same resistance.

>That time, shortly after that thread BTC wicked over the resistance with a few k and then dumped to 38k. It's the same situation now but with slightly higher numbers since we're further forward in time now.