What the fuck is going on?

did they really just print more tether?

Where can this be tracked/observed?

tether to the rescue

pajeet panic sales are over.
now we moon.

>Honey Badger
Max?

When biz says sell i buy

Not this time

omnichest.info/default.aspx?filter=grant

It dipped.

People bought the dip.

This. My prediction is that it hits 20k sometime this week, drops to 5k the week after and is less than 500 in a year and below $10 in 3 years.

its called a breakout.....
shakeout is over, biz sold low because no balls.

>People stop buying at 17k circa, which would be the limit.
>drops to 13k, people know the limit is 17k
>buy in

>using meme lines in this crazy bull run

>unironically posting meme lines as if they mean something

30k soon. buy at least 1 BTC (1 million in a few months).

>it's called a breakout
Literally never post on Veeky Forums again

hi McAfee

He said 'jihans fork' no? His dick is kill

*** DAILY REMINDER THAT TA IS BULLSHIT AND ONLY WORKS IF ENOUGH PEOPLE FOLLOW IT

lol that's great

good ready on futures opening for brainlets like me

wsj.com/articles/bitcoin-futures-launch-stokes-fears-of-manipulation-hacks-glitches-1512907201

glorious wsj normie fud i know but read between the lines

>Technical Autism

You should subscribe to Peter Brandt's newsletter. He's the TA fucking master.

This

Creates a self-fullfilling prophecy where you telegraph your market decisions to be with real brains.

>>>/reddit/

>For their futures products, CME and Cboe are betting that a handful of bitcoin exchanges are sufficiently reliable and trustworthy to support a derivatives market.

>CME is using four of them—Bitstamp, GDAX, itBit and Kraken—to produce a daily bitcoin price index, which its futures would track. Cboe is using one, Gemini, founded by the brothers Cameron and Tyler Winklevoss.

>All five of those exchanges have taken steps to embrace regulation and anti-money-laundering laws. Representatives of the bitcoin exchanges said the industry had matured and bolstered its security.

...

Jenna?

>trading TA only
>making mad gains
>go to biz
>realize whos money I now own

1 hour chart? Are you retarded?

First know instance of an undead cat bounce.

Always use TA, goy

TA works but this is bad TA. Check a tradingview chart of someone smart

this. Who actually believes this is organic growth? I mean come on, it's rising faster than before the crash

less than $1 in three years

Not even OP and 1 hour is definitely my favourite chart, go fuc yourself user

what charting/program are you using?

last pump

reuters.com/article/us-bitcoin-futures-contracts-factbox/factbox-cboe-cme-to-launch-bitcoin-futures-contracts-idUSKBN1E10J8?il=0

that is not a dead cat bounce, rofl

i don't use that shit

yep, this is organic growth on market optimism and positive news
>oh wait

It's called being a speculative bubble. Shit is wild like this.

>What the fuck is going on?

It's called a technical retrace correction. About as much to the book as you could ever see. If you didn't know this, you might as well set you grandma's basement on fire and eat a bullet.

manipulators are ruining margin trader memers life
which i like

No, they didn't
omnichest.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

>What is mass disruptive tech adoption

this meme made me kek for a solid 3 minutes

zoom out

we call it bubble around here

Two days of movement does not make a trend. Zoom out.

I loved seeing those niggers getting lynched too.
>Bitcoin hasn't been increasing parabolically for years
Zoom out. Log scale.

how far do we zoom out?

"Only two kinds of people believe in sustainable exponential growth: Idiots and economists"
-Albert Einstein

amazing meme picture I would pay good coins for that

>0.25T market cap
>Gold 7T
>Dot com 7.2T
>Minimal mainstream awareness
>Bubble

Veeky Forums got the dankest memes. high quality shit only.

you realize bitcoin is getting listed on mainstream exchanges in literally less than one hour, yes? You realize hedgefunds hold bitcoin, yes?

Soon™

Buy when there's blood on the streets

Dead cat bounce. Pic related look familiar? It's dotcom
Yep

wonder where I've seen that chart before

Yes. Hedge funds have been buying for a whole month and know how easy it is to short Bitcoin. I'm sure they're all lining up to get rekt.

>looking at short term trends.
The only trends that matter are the ones longer than a week user.
This is the second time it started reversing around this line

Shut the fuck up lol I want to see the >confused
threads when it goes back to $19,000

What app user?

Yesterday also broke the channel and ended dropping. Just wait.

the similarity to the dotcom hype is fucking eerie to be honest

Not saying it necessarily has to go the same way, but damn

How do you know it's not a live cat pounce?

EVERY dip and recovery in bitcoin has looked like a "dead cat bounce" or "bulltrap" but actually they ALL turned out to be bear traps.

>prices trending down trend down forever

just wallstreet warming up those charts. Heh, hope you enjoyed our introduction. Now, buckle up its about to get real bumpy.

UPTREND IS REVERSING AHHHHH

>comparing 1mo chart to 10yr chart

dead can bounce means when price his ATL then bounced up and back to ATL. This is not even close to ATL so please stop using that term. its annoying to anyone that knows what they are talking about.

> Comparing 6 months interval with 2 days interval
Veeky Forums in its ultimate form. It has now formed an uniform mass of retards

Look at the ROI and tell me it’s not a bubble

You can’t just draw random lines and pretend you’re doing TA.

nah broh I've been following crypto for 2 months and know for a fact it can only go up forever. this time is different^TM

>not understanding the markets are fractals

here some reading brainlets:
This concept is called fractals. Fractals is a fragmented geometric shape that can be broken
into parts which are similar in shape to the whole. Though the study of fractals dates back to
17th or 18th century, the term ‗fractal' was used by Benoit Mandelbrot who is also known as
―father of fractal geometry‖ in 1975.
And what does this concept have to do with stock market and traders? Any keen observer of
the market would be aware that the patterns seen on the intra-day charts of 1-minute, 5-
minute, 10-minute interval and so on are very similar to the patterns seen on the daily,
weekly, monthly or even quarterly charts.
In other words, stock price movements also are fractal. It is due to this characteristic that one
of the tenets of technical analysis, ‗history repeats itself' was born. Since the patterns tend to
repeat themselves along all time-frames, it can be surmised, with a reasonable degree of
accuracy, how stock prices will react to a given set of conditions.

Those that believe TA is a meme are my lawful prey. It would save you time if you just skipped your broker and gave me money directly. At least you wouldnt have to pay a commossion.

TA works in maybe 50% of cases. It is about as good as flipping a coin.

>about as good
If you win 51% of the time instead of 50% you will make it.

Doesn't justify applying them everywhere for no reason. Anyway we will just wait 2 or 3 hours to see if you are right then

live cat pounce, i'm stealing that one from you

>comparing a time when people barely had access to computers internet to a time where everyone has internet, is well informed.

Adaption is much faster nowadays where people have such a vast supply of information thanks to the internet.

tether isnt backed by actual money you faggot nigger
get out literally now

This guy has it figured out. Study Mandebrot, Williams, and Lorenz. Strange attractors are the key.

trips of truth.

I hope you sold the double top on gdax is obvious

I mean come on, the whole fractal thing is the sole reason why TA has any merit at all. Not applying the bubble pattern in a case like this is just deluded riskyness

>btw btc just jumped down 500$ in a second on BFX

>To Read the Full Story, Subscribe

WS are truly the biggest jews

So you are short then ?

Put your money where your mouth is user

>comparing a 7 trillion monster to our 430 billion baby

this has not happened in recorded trading on bitfinex. I would get out if you're in bitcoin right now.

Don't say I didn't warn you