Where are your bets the low will be for BTC after this correction phase? around 10k$ or 13k$?
It has to happen, we all know, it's already following a correction pattern and all other alts also. And we also know after it hits 10k$-13k$ range it's gonna slowly go up and break 20k$ barrier and go onto a ~2year bull run like the last time.
$9600.
9.5k$ is also a very sexy price, because most people would unironically panic sell into liquidity and think it's over when it would break 10k$ support. Any thoughts?
The last time BTC retested highs at 1200$ same thing happened, small correction and down half the price to purge the idiots and put crypto space into few weeks of confusion and belief that's it's all over, just a nice and huge liquidity trap for idiots.
Yeah, was just writing post. I'm gonna make some nice money putting a short on XRP at 60cents, was a bit too soon, but it's okay. It's going down to weekly moving average around 32cents, so not a bad payday when it happens :).
The weak will leave but it most certainly will happen. I'm thinking maybe a triple top then plummet down in December, want to get a short ready but it's guessing when thats spookin me.
Drop to $14K, range sideways until it kisses the rising 20-week MA, then off to higher highs.
If the tether lawsuit in decemeber doesn't go well I'm predicting easy sub 8k. December could be a make it or break it opportunity for bitcorn.
I don't think its going below 12, and we might get to 21-25 until that happens. Either way they will rugpull to get the dumb money who has enterted the space to panic sell and colect more coins on the cheap after this insane parabolic run.
There always comes a reason (story, media) at the right time when things have to happen. It's good if you understand how the ((((game)))) works and play it with them. The only way to make the money.
it absolutely wont break the 20wk sma
it's not about moving average, it's about where liquidity/volume is. It can touch and then break MA, then close above it you know?
Retards. This time is ackshually different and this is unironically the last time you can buy below 19k.
and 200SMA is a good indicator of bottom also.
This is a sucker rally
>TA anons
I believe they are referred to as "TAfags"
Yeah, for all the suckers who already sold.
You really think paypal is gonna let you chuds pay 4 digits for a bitcoin ever again?
you also bought a tv account during the bf sale? possible wick to 18600 since that should hit all the stops of the 17100 shorts.
>he thinks it's just about paypal
>he doesn't understand paypal was just the kickstarter to announce another bull run while the midway corrections play out as they did before
BTC will hit around 250k$ this time probably, once it's over 100k$ the normies are just going to start jumping in like monkey thinking it'll be worth 1m$ lol
none of you would be hoping for another dump if you bought the march crash but you were too pussy, oh well
just to add on to that... paypal and square are only buying for people who buy it on their platform, very little purchased is for the "institutions." it's still individuals driving the price right now. volume will have to shoot up to 2017 levels for a run to 30k.
i bought 2 ~5k and then .25 when it was around 9k. I still had a lot of money to spare though, and didn't play with leverage much on the way up.
also at some point, even 3k buyers have to take profit that's why I'm paranoid and have been hedging on bitmex on the way up. otherwise it's just paper profit.
Here's also another thought, 200SMA signifyed the last 6k$ first bottom before 3k$ drop.
If 200SMA is good indicator for first bottom, which is 30% of ATH, we can predict it should climb up to a range around 50k$-75k$, so if 50k$-75k$ is the 30% in the case of next bull run, BTC should be around 200k ATH in next bull run.
Any thoughts about that?
should climb to that range around 50k$-75k$ in next 2 years*, due to all the corrections BTC will have along the way.
Imagine not just buying LINK at $0.2 and not bothering with this retarded TAstrology
this is not a crash you dummy, it's just a normal and healthy correction and to shake out the idiots that will provide liquidity by panic selling and thinking the run is over.
You know, there are other markets than crypto where you can trade this exact correction pattern and make money on the side, without checking and sweating your dick of every time something falls for couple of bucks?
Chainlink is just a multi year shilled on project, it's worthless as the rest of the tokens no matter how much thought went into it. I do respect your persistence you chainlink brainlets and I was here when LINK was 12cents, but I never thought 4 years of shilling could cause this kind of run for LINK. As retarded as you link marines are, I am happy for your payday and I hope some of you escape McDonalds.
would you really gamble your GLITCH stack by taking advice from biz?
You are going to be suicidal next year when link is mid 3 digits.
I don't care about link.
>It has to happen, we all know
A good reason why it could not happen
Incredible sell signal, I am adding to my 19.2k short here