[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 10 KB, 218x228, e8405d739d4c8edef1b696e14562025a.jpg [View same] [iqdb] [saucenao] [google]
57859482 No.57859482 [Reply] [Original]

I SOLD AT $60K THINKING IT WOULD GO MUCH LOWER

>> No.57859555
File: 24 KB, 534x786, 1696643206338337.png [View same] [iqdb] [saucenao] [google]
57859555

>>57859482
Check the Stoch RSI on the monhtly chart. 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.

>> No.57859597
File: 69 KB, 1800x746, 1695114986707644.png [View same] [iqdb] [saucenao] [google]
57859597

>>57859555
>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.57859603

>>57859482
Kek. Too baad you just got sidelined. See you in 4 years on the next bull cycle.

>> No.57859635
File: 98 KB, 983x694, 1707507187414314.jpg [View same] [iqdb] [saucenao] [google]
57859635

Thank you for your service.

>> No.57859646

>>57859482
it will go lower.

>> No.57859670

>>57859597
so giga dump will continue, is confirmed, right?

>> No.57859723

>>57859482
this season is just getting started and you gave up already?
you arent fit for this game

>> No.57859829

I've been in your postion before rebought and got rekt

>> No.57859844
File: 89 KB, 808x324, 1700409160026143.png [View same] [iqdb] [saucenao] [google]
57859844

>>57859646
Indeed, as there's a CME gap at just under 10k.

>>57859670
Yes it will go (much) lower, but it very well might pump above 70k first. It doesn't have to continue dumping from here. Probably won't go to above 70k though. But that indicator has been maxed out for a while already, so it could stay maxed for a for a little while longer and during that time BTC could pump a bit more. But yes it's basically over, whatever BTC does in the near term there's a long way to the bottom (somewhere below 10k). With regards to that indicator it's helpful to look at more than just one timeframe. The 1W isn't maxed yet, it shows there's some room left to go before it maxes out. But of course it doesn't have to max out, it can turn downwards long before maxing out as it often does.

Take a look at the MACD as well on various timeframes.

>> No.57859880

>>57859555
>>57859597
That chart says we could be pumping for anther couple weeks before a correction.

>> No.57859937
File: 33 KB, 303x298, 1681288573826656.jpg [View same] [iqdb] [saucenao] [google]
57859937

>>57859844
Regarding CME gaps, in addition to that pic, some helpful posts:

>>/biz/thread/57840862#p57841302
Quote:
> Remember, it took ~500 days for the gap at 18k to fill. Took a long time, but it got filled. People said it wouldn't get filled, partly because BTC would have to drop below 20k which supposedly it couldn't do -- that whole "but it can't go below a previous ATH, that's never happened before" idea most people had in their heads. So even in spite of that, the gap still got filled. And what did BTC do before the 18k gap filled? A lot of stuff. First it went to 64.8k. Crashed to 28k or so, then suddenly began gigapumping and hit 69k. So, not only can a lot of time pass but a lot of stuff can happen before a gap gets filled.

> The 3.5k gap might get filled, but it doesn't have to nor does it "need to". It most likely won't get filled, as it's a tiny gap that only exists on the 4H chart. Anons shitpost about it, but nobody takes that gap very seriously. In stark contrast the gaps at 9.7k and 20k are on the 1D chart. Those will both most certainly get filled. The one at 20k is one of the largest gaps in Bitcoin's entire history.

>>/biz/thread/57844856#p57845425
Quote:
> The bottom call of 10k and slightly below goes back to the formation of the CME gap at 9600–9700 in 2020 and to the 9k-10k range being a huge support and resistance area stretching from 2019 to 2020. Those two factors are the reasons why /biz/ said the bottom will be 10k and why we stuck with that target all this time, for over three years now.

>> No.57860293
File: 221 KB, 438x546, pamp_it.png [View same] [iqdb] [saucenao] [google]
57860293

>>57859482
>he sold

>> No.57860334

>>57859482
Just wait till it goes to 80k, then sell at 65k.

>> No.57860373

CME gap trading is peak left curve

>> No.57860761

>>57859482
>muh astrological readings

>> No.57860804
File: 50 KB, 582x388, 1692010753734522.jpg [View same] [iqdb] [saucenao] [google]
57860804

>>57859482
anon you're supposed to sell before it drops

>> No.57860897
File: 254 KB, 376x435, what_did_u_do.png [View same] [iqdb] [saucenao] [google]
57860897

>>57859482
anon you should've sold high, not low.
like, i use dextools, i cant get btc, but that was the most OBVIOUS "sell now before dump" moment in years.
You fucked yourself over.

>> No.57861021

>>57859482
Lessons to learn to hodl are expensive lmfao

>> No.57861261

>>57859482
You retards are the reason they dump. Just hold it's the simple, and if you can't help yourself with swinging have some common sense about when to sell

>> No.57861776
File: 36 KB, 505x600, bruh.jpg [View same] [iqdb] [saucenao] [google]
57861776

I'd understand if you sold at 66 or even 64, but 60? Come on, man. It never drops that much in a few hours.

>> No.57861790

>>57859482
lesson in there, this nigger doesnt use truflation

>>57859603
he will probably kill himself by that moment

>> No.57862196

>>57859482

It is.Chill. It will hit at least $57K in the coming days. Then it is sideways for a few weeks, then up again.

>> No.57862227

>>57859482
>THINKING IT WOULD GO MUCH LOWER
you're retarded
we're in a bull run that's been expected for years
why was it going to drop more than 20%?
You're probably up 40% anyway.. why give up your gains in the blink of an eye

stupid stop loss fags

>> No.57862409

sidelined niggas are hilarious

>> No.57863346
File: 37 KB, 306x611, Where did Jim Cramer touch you, exactly.jpg [View same] [iqdb] [saucenao] [google]
57863346

>>57859482
ever since the SEC approved spot BTC ETFs there hasn't been any hanky panky. this reminds me when tether was put to the test when it fell down to $0.97 but recouped fairly easily. i knew after a new ATH, BTC would drop a bit, but not considerably mainly because of the fear and greed index and i was right. i tried to tell you faggots to stay put and sit the new ATH high out and don't sell everything

>> No.57863590

>>57859482
It will.

>> No.57863614

>>57859482
BUY HIIIIIIGH
SELL LOOOOOOOOOOOOOOOOOWWWW

>> No.57864052

>>57859482
its gonna be okay anon they might just be trying to get you to buy back in early that or you can just make a stop loss if your scared its a bear trap

>> No.57864229
File: 79 KB, 493x607, 1641542516458.jpg [View same] [iqdb] [saucenao] [google]
57864229

>>57859482
nigger stop saying that everything is a scam, your mind is so small that you don't understand that you are simply part of a complex economic network? at this moment you have lost but it is up to you to find a way to win. Shut the fuck up and start betting on Eesee and you will see how the money starts to fill your wallet.