i'll be honest with you, things aren't looking good.
I'll be honest with you, things aren't looking good
i'll take your poorly drawn horse shit and raise you mine
Oh fuck this graph with no labels is scary stuff
shift the line lower and things look great
turns out you can draw lines anywhere
We switched our 5 year support into a resistance. I mean, it can't get any worse than this.
No.. you can't. You can't just draw a line connecting two points, this trend has been in tact for 5 years, constantly retesting and bouncing up.
If you can't recognize this, please neck yourself.
FTFY
>nooooooo you can't just draw your voodoo lines wherever you want MY voodoo lines are the correct ones!!!
the fuck are you saying boy
crash tomorrow? hmm we'll see
>what is a trend
We didn't do anything actually.
All you did was cope and changed the line to the new low, it only has 2 touches on your new line, the old one, and the new low. This does not give you any information.
if you're not using log scale on the macro charts your doing it wrong
im trolling you bunch of retards
you are all pathetic wagies
ngmi
kek
That is log scale you magnificent retard.
So what's your prediction? Since we have turned support at 12k to resistance
My prediction is bitcoin goes up or it goes down, depending on which way binance wants to manipulate it.
Notice the top in 2017 depends on hitting the trendline of the previous run. ~150k 2021 may wick higher but the monthly will be 150k.
Then why the dramatic post?
BTC is dead retard. It just lost 60% dominance. It is one of the most worthless coins in the space. It will be used as a SoV but not for long. Plus no one has a solution for the PoW problem.
IF bitcoin dies then most of the world can't cash out crypto to fiat, making the rest of crypto -90% making the places that do cash out eth and others to fiat close shop quickly.
For (You)s. It's fun to watch you newfags nervous about your $2k portfolios. In reality there is still a bullish argument for BTC. The problem is it depends on Binance being able to continue washtrading this up forever. There is real no market forces keeping bitcoin going up. The vast majority of BTC just sits there doing nothing, the rest of it is used to buy drugs online in the US. But USPS slowdowns causing that to stop.
>eth goes up
>btc follows a bit
>eth goes up even more, btc tries to go above $12k
>btc dumps, drags eth
It started when eth was trying to pass 400 while btc was trying to pass 12k.
Next stop - eth passes 500, btc at 11900. Eth moons to 550, btc goes above 12k, dumps, btc to low 11k and eth to 500
wtf bros my line hits as many points. how could ta lie to me?
You're making a fool of yourself,
reminder that bitcoin is unironically going to zero long term
Based you farmer.
Ill admit I know fuck all regarding TA, but some of the smarter nerds i follow keep saying the macro trend is bullish, but not to be surprised if we revisit 10900 or some other level in the 9.6k range before continuing up
I'm all in alts, if we get another pump before heading down I might take some profits to usdc. but I'm a fucking retard so theres that as well.