IT REALLY WAS A DEAD CAT BOUNCE

IT REALLY WAS A DEAD CAT BOUNCE

Maybe if you pray nine times you can beat it

...

WAKE ME UP

The bump up from last week was twice as big as last night's dip. But nothing against panic selling.

how did you fucking idiots not know it was a bulltrap? Like REALLY?

>he fell for the dead cat bounce

SAD

>mfw closed my margin short at 2570

also the moment BCC was announced you should have fucking sold

I saw that Bitcoin was crashing so I decided to do some margin trading and short BTC with 5x leverage.

I came back to see that it had indeed dropped by a lot. Clever me.

Turns out I accidentally went long.

Do you think the price will recover tonight? This feels very bad. I'm just watching it go lower and lower. I feel sick. I should have cut my losses ages ago, but I feel I'm so far in now that I have to keep hoping for a dead cat bounce.

Because if it kept going up or stabilized, you wouldn't be calling it a bull trap. If a bunch of wannabe analysts, in this case Veeky Forums, throw shit at a wall, eventually one of those piles of shit is gonna stick.
Hindsight is 20/20, faggot. Nobody here knows shit.

why? Isn't that a good reason to hold until you get some?

congrats you are probably one of the best crypto traders on Veeky Forums

LMAO. Sorry, but it was WAY too obvious.
BTC jumped from 2k to 2.9k in like 1 day, then huge dump occured right before 3k. That's a recipe for another crash.
Bonus points for anyone who saw appearing and disappearing ~900 btc buy walls.

I shorted all the way from $1850 to $2400 hoping I would recover my losses, never again, accept your losses and get out user

I'm trying. The price dropping so fast that by the time my trade is added it won't be accepted by anyone.

sharpest and hardest rallies occur in bear markets

No the split will not magically create value out of nothing. BCC + (old)BTC = BTC pre-split in $ terms.
Also you have a "coinification" of the "BTC CIvil-War". Depending on who is on which side shit could get ugly.

Just close your position at market price, it will automatically sell to the highest buyer

Or set a limit price slightly under the highest buyer

Don't use pink wojak it's an Occultic meme made by third parties

>7/25/17
ITS DEAD JIM

BTC honestly deserves a good drop to 2k or less; let something else get a bit more of a market share.

Because the problem is, everything is stuck following the big swinging BTC dick right now and it's just a bag of unsustainable bullshit.

BTC drops, everything drops, BTC rises, everything rises - there needs to be 2 or 3 coins of vaguely similar value at the top so that things underneath have some room to breathe.

I know the market is always going to trend in similar directions across the board, but right now we have magnet charts that follow each other candle for candle almost...