How can you be bearish on BTC after seeing this. A gigantic bullflag, weeks in the making, which is exactly what BTC needs to push past 20k.
Prepare for one last small dip, and in 3-5 days we're going to see the official launch of the golden bullrun.
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twitter.com
volume is low while price is up...hmmm I wonder what happens next
You type like a woman or a faggy zoomer NIGGER
Everyone sees this triangle retard, it's symmetric though an can break out in either direction with equal probability.
TA is a meme
yeh that was gay
Symmetry of the triangle is irrelevant. That kind of TA is a meme, it's about the market sentiment that it represents
It's about a pump upwards, people beginning to doubt and selling (first big drop), and then people beginning to regain confidence, causing higher lows and smaller fluctuations. At some point the downwards momentum is completely gone, and guess what happens then?
That's a reversal lmao.
Zoom out. This is a multi year double top.
no reason to get upset, the volume is simply not there
You could argue the same way that bulls are losing more and more confidence because of the lower highs and that the upward momentum dries up. No direction is clearly favored in a symmetric triangle.
>TA
Well, you are right, it is going to drop, possibly as far as 18500. You can attribute it to low volume, or CME gap, or whatever.
I do believe we're going up after that. in a big way.
>This is a multi year double top.
Also known as a cup?
This is why nobody takes astrologers seriously
I dont know its very artificial , I think its going to squeeze for the next few days and then dump pretty hard, of course it will recover, but I just dont see the bull pennant playing out as of now...why would institutions buy the top? they would wait for price to break in either direction before pouring more capital in
is it a bull flag or a double top, is it both? flip a coin
neat
TA doesn't matter
That is a pendant, not a flag
Learn your TA if you're going to post TA
i tend to agree
real estate in my area is up 2x the previous yoy record.
like open secret about why people are dumping money into REAL estate lol
true, it's a bull pennant, my bad.
>twitter.com
yeah, thats what they claim, not necessarily true, 19400$ dca is not something to brag about kek
That's what they paid for the last batch of ~2500 BTC, the rest they bought at around 14K.
Also the proof is the link at the end of that tweet.
dont care, price is very artificial now
Someone connect this guy with the based department!
cringe
t. faggot
muh BASED le xDDDDD
It doesnt matter anymore what "people" think when Greyscale alone is already buying double the monthly btc mining supply - every month.
Maybe a small brake at 100k
classic cup and handle along with a fat lady squeeze. we will just have to wait.
if you're saying it's a cup and handle formation starting back in 2017, where's the handle? if this is the start of the handle, it's going down to 16k or so.
then there will be a drop in price to form the handle
>he thinks that investors aren’t gonna start shitting and cumming because the market just keeps crabbing
rev up those shorts we got a cup coming on
This
Everyone is apathetic
I don’t know why retards keep saying NORMIE MONEY COMIG SOON when it’s known that they just don’t care. They’re smarter now and anyone who would buy BTC is waiting for the dip so they don’t get burned again, like in 2017.