The case for imminent pullback

At the top of the 2017 rally, the final weekly green candle was a 22% candle.

Currently, we have a 15.5% candle, with two more days to go.

You have been warned.

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ok

Ok, did you sell?

I plan to sell at 21K.

the candle from 8.6 to 10.5 or something was also about a 22% candle, and that candle led to a doubling of the price in the weeks after

Nope.

You have been warned.

Attached: aCapture.png (2045x1184, 130.68K)

>trust me based on a sample size of 1

We could have a pullback but doubtful given all the BTC being bought off exchanges by long term hodlers

i dunno annon, everyone is so bullish it's crazy

that chart literally shows there was a major pullback in Jan 2017

Its forming a cup right now. Will tank to support line for the handle to continue its way north. JMO

this graph looks like we get a 2016-2017 style pullback anytime soon

we haven't even started. You want to look at price history as a predictor of the future? notice how every Bullrun has been at least 10x previous ath

Post proof of your short then, Negrodamus

It could be a massive cup and handle forming

>sell at 21k because muh charts
>bitcoin keeps pumping because there are forces at play that no one fully understands which is why it's nearly 19k right now despite making 0 sense to anyone
>goes to 30k before finally correcting - to 23k
>you still don't buy back in because "I sold at 21k I'm still waiting for the real dip"
>priced out forever
>mfw

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this is sustainable it will go up in a straight line this is a new paradigm we are never going down again.

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i hope you don't kill yourself in a year, OP

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Please delete this.

Post short or stfu. You have been warned

The top isn’t defined by daily increase but by percentage increase v previous paradigm. We haven’t even entered a new paradigm yet. If this was 2017, we’d have hit 20 new ATH and would be 10-20x what the 2017 bubble was

This

We are about to break top and you’re gonna sell? OP you’re NGMI

Your dubs and based Pepe confirm this will be most of Zig Forums.
Kek has prophesied.

> which is why it's nearly 19k right now despite making 0 sense to anyone
it makes absolutely perfect sense. pic related: broke out of bear market in july when a multi-year bullflag ended. then it had a small retracement back to the 20-week-MA and bounced off it (finding support at the 20-weekly is another sign of a bull market).
BTC has been doing exactly what was expected and nothing else, it is 100% textbook

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There will be several 20-40% pullbacks. If you don't know how to time them might as well just hold and ride it to the moon.

post your sell

holy shit

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It's what you deserve OP, meditate on it with me.

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No.... don't make this happen... too many good anons will rope.

Has there ever been a time in Bitcoin's history where it dumped hard after reaching similar price levels to it's previous cycle's ATH?