While is tempting to get on the hype train and buy now, looking at the 24h volume and the price increase makes me think twice.
If it continues like this soon we'll see 900~1k btc/24h being traded for 50k+ usd, while at 2017 we had 30~100k btc being traded daily at those prices (16~20k usd); it's just weird.. so i'll just watch it for now.
What's your thoughts on the subject?
hard mode: no buzzwords
>What's your thoughts on the subject?
I asked around on /pol and they said Jews.
niggers tongue my anus
19k rejected, probably
My calculations indicate that 19k will be rejected.
My guess is Biden busts his ball sack open and gets a concussion leading to a brain aneurysm. The root cause will be sneaking up and sniffing his dog’s balls from behind. This will undoubtedly lead to a market flash crash when Kamala becomes president. This will drop BTC to $7890.
nice
Have you considered that the cash wants to buy but there are literally no circulating bitcoins for active exchange to meet the demand? Supply shock
And that's how we get a 10x!
Fuckk I want a 10x so badly.
The biggest companies in the world with regulators in their pockets and armies of lobbists have to buy on exchanges like us regular pissants to get coins. It's historic
im more concerned with daily dumps from 30k~100k like those that happened 2017.
if 8k daily volume can push the price from 16k to 19k, imagine what dumps like those can do.
This didn’t age well...
this keeps having to be explained to you brainlets.
2017 = retail retards selling their btc stacks from 2012
2020 = institutions buying via otc
this explains everything a white >120iq person would need to understand the volume changes.
Miners have been shut down in China and can no longer sell.
They are getting soaked up quickly... for now. Retail slags aren't even the ones bidding it up yet
fug
>muh TA
>Retail slags aren't even the ones bidding it up yet
Lmao the dumbest normies are getting all in now. Please don't tell me you fell for the google trends meme
sauce?
looks more like it. there's no resistance on the selling side, they're buying few by few; any real money now would shake this market up or down
>creeping up on low volume
user once the volume piles in it will be too late, that's the pump. BTC is a deflationary asset, it was always going to get back to this point.
I think 4 days ago everyone in biz said that was the end of the bullrun, better sell at 16800 or else well make our next stop to 8k.
now everyone is bullish again.lol
biz was always like that
>one big green candle
99% of Zig Forums: Oooooo get in bos, it's going up forever.
>one big red candle
99% of biz: Oh nonono it's the end guys, it was nice while it lasted.
the other 1%: you guys are so dumb, it was so obvious lmao
>Everyone
You seem to have a generalization fallacy
reading Zig Forums takes more skill than reading the charts
low iq newfags get rekt
>the virgin analyser
see you at 20k bro
General statement of the overall environment 4 days ago, majority of the faggots like yourself was bobo
would you prefer 23 percent say buy at 16k. 37 percent say its going to 8k. etc etc.
sorry I didn't give accurate numbers and my choice of words was "everyone"
I don't know much about btc and only own a tiny bit because I was kind of forced into it, but I'm pretty sure it will get to 20k probably by the end of the year in not week. After that though I think it can take off in either direction. That's my (approximately) 1.0526 X 10^-6 btc.
good luck man, i already took my profit.
im just too pussy to enter now seeing the price increasing with just tiny little buy orders and the daily volume decreasing each day
kekekekekek
my calculations show that you're a newfag
Nice projection there
COMMUNIST CHINK MANIPULATED GARBAGE
only a retard would throw their hard earned money into it
desu im a hodler. idc if it crashes and burns. i have no clue whats gonna happen but im long on longterm
retard
