It's official: the bubble has been popped

this. oh.. god. yes this..
thank god, i've been in this since 19.4k for 3 btc.
rise & shine. sunshine.
RISE AND SHINE.
SUNSHINE!????
RISE!
AND SHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

GROW GROW GROW!!!

This.

Look at the "parabola" in OP pic and you'll see that it's not even a perfect curve, it's a series of segments because the dude had to fit the line to the various dips.

If it's steeper than the last line you can still say it's parabolic

>>technical analysis
unless it's bullish, then you suck its TA cock

If true, mc afee will have sausage for breakfast.

Idgaf, Im sitting in XLM right now and it going up while everything else is crashing. Feels good man feels real fucking good

>projecting
TA is bullshit in a bull market or a bear market
fuck off

be sure to remind that to the skatpornaddict

lmao nigga just drew random lines

To me it looks like there's giant buy walls at 14k and that there's a ton of sell volume all along 14385-14800, at least on bittrex.

Is this possibly banks shorting bitcoin to cash out on futures contracts and then buying the dip?

...

>some boomer thinks the bubble is finally popping yet again

Koreans like btc sale.
Thank you generous westerners

Why do you guys doubt him? Sure he MIGHT be wrong, but come on, the man has 40 years of experience in all sorts of markets. He knows his shit.

>tfw I'm a normie who bought in to btc last week and it's dropped 17% since then

YOU TOLD ME WE WERE GOING TO THE MOON, Veeky Forums.

HOLY SHIT IT'S AS IF THERE'S A 38% CORRECTION AFTER AN ALL TIME HIGH. ITS NOT LIKE THIS HAS EVER HAPPENED BEFORE! ABANDON SHIP! LOLOLOL. Thanks for letting me buy more btc dumb fucks.

It's literally a known retracement level you fucking ignorant plebes. Learn how TA works before you go drawing retarded lines in MS paint.

t

Should I pickup at 14.3k by selling my alts or hodl all my alts? I'm afraid of a new ATH after this "correction"

to be fair gold hasnt tanked that much

if btc slow grinds to $10k over the course of a year, alts will still boom

coindesk.com/cryptocurrency-market-nears-50-decline-time-highs/

coindesk.com/cryptocurrency-market-nears-50-decline-time-highs/

coindesk.com/cryptocurrency-market-nears-50-decline-time-highs/

fucking dumb FUCKS. way to hold bags you dumb niggers.

TA is for idiots

Too late now.

>>technical analysis

its literally worthless with crypto.

cnbc.com/2017/05/26/ethereum-price-correction-bitcoin.html
cnbc.com/2017/05/26/ethereum-price-correction-bitcoin.html
cnbc.com/2017/05/26/ethereum-price-correction-bitcoin.html

stupid fucking plebes learn the lore.. this was literally right before ethereum rocketed to $420 for the first time. you stupid fucking nigger fuck mexican idiots. i cant wait to take all your money.

imagine believing institutional investors would bail out of this long term gold mine moon rocket of an investment vehicle.

>gold
Anyone who thinks the price of gold isnt crazy suppressed is insane

This is unironically the best market for ta lol.

What the fuck caused the sell off? Just a price correction?

>convinced im reading an article that just came out
>look at date
>Jul 16th

lel

then why the fuck is it never right

hey stupid nigger what is your response to the article i just posted..

remember when ethereum dropped 38% from it's all time high and then rocketed all the way to $420 you dumbnigger

Satoshi is cashing out. He doesn't believe in Bcore anymore.

Correction plus Bitcoin Cash taking BTC down a little more

People can say the unconfirmed transactions and fees matter, but almost nobody actually moves their BTC off of the exchanges they buy it from

why is my ETH plummeting though

AAARGH WHYYYY

bcash raped the consumerconfidence, only a small thing is needed to pop a bubble.

Probably lack of tether / buying pressure. Also it cost like fifty fucken dollars to send this shit, it's too expensive to use and Alts have bottomed out and offer better gains. Plus people cash out for taxes.

You will also be old one day if you didn't kill yourself by that time underage.

lmao fibonacci retracement is the ultimate meme of TA

But it is always right lol.

Hurdur

>why do the chess strategies I learn never work

Because you're a brainlet and the people you're competing against are better at this than you. Not a zero sum game, but we'll take your normie shekels anyway

>t. Old person

As goes Bitcoin goes the market

>some stupid fart brained boomerfag thinks his hindsight obvious statements count as analysis

estimatefee.com/
>$48.34 USD

blockchain.info/unconfirmed-transactions
>281,227 Unconfirmed Transactions

>But it is always right lol.
except for all the times that it's wrong
you TA faggots are insufferable

>fiat

Fiat markets are trash. All trends are based on btc, if that articles assuming fib retracements based on that, then they're tone death. Look at an eth / btc chart, it's beautiful.

Mommy I'm scared

Well to be honest everyone has free coins from Forks

you mean like this one???

tradingview.com/chart/ETHBTC/dkCyXV7G-ETH-BTC-Log-scale-LONG-nice-and-easy/

tradingview.com/chart/ETHBTC/dkCyXV7G-ETH-BTC-Log-scale-LONG-nice-and-easy/

tradingview.com/chart/ETHBTC/dkCyXV7G-ETH-BTC-Log-scale-LONG-nice-and-easy/

Cryptos are unregulated and heavily traded by bots. TA matters here more than any other market

This Crypto price wave has been predicted two weeks ago by Clif High and his AI (Artificial intelligence)

Here's proof. Made on Dec 1, 2017: Video should start at 37 minutes.
youtu.be/tkB-fSLV74w?t=2220

thanks grandpa boomer

i'm still not buying your piece of shit house

Stock market is way more sophisticated and HFT has been taken to the extreme there

shit randomly pops and shits itself in crypto, TA is worth less

Listen to based Brandt literally one of the best traders in the world

I like those charts.

What's your problem with them?

THANK GOD,THAT I GOT OUT OF LITECOIN...

...

how does it make any sense now? you can make any parabola you want

But how do you get other cryptos if you don't have Bitcoins? Is there any way to turn dollars into altcoins??

>13,669 and falling on coinbase

the uncertainty caused by bcash is going to do irreparable harm to all cryptos. i guess it was fun while it lasted, but now that people see that anyone can activate a "hard fork" then the scarcity of 21m bitcoin isn't so scarce anymore.

LN is 10 times worse for Bitcoin.

ethereum/ltc, have you only heared about btc?

Has to be drawn along the curve, if you shift it over to the right even just a little bit there'd be a massive gap between the lowest extremes and the line. You can't just shift one segment over because you feel like it, then it'd be a completely separate function

>then it'd be a completely separate function

Wait you think his drawn line has an actual parabolic function attached to it?

>boomers spouting the noise in their head they mistake for thoughts

25k by next weekend

Families of functions have certain properties, if you change it massively then it isn't that type of function.

(If I dry a line on a graph does it have a slope and intercept?)

Even if btc crashes...if it can stabilize at a certain price it will be the biggest altcoin boom ever

>giant buy walls at 14k

Just goes to show how fast things change in this world

Could just be a small correction.

Or we could be heading to the floor and it'll take longer than a day. Idk

Because you're bad at it

I don't bother doing it

Fuck me, I was just about to lock in ltc at ~$200 a coin and it just jumped back to 250