Double bottomed

Get people all nice and comfy and then AHHHH

Bowda see me wearin ALL da Nikes bruuuh

...

You know it will never (ever) brake the $17.500 resistance, right?

Anyway there're still money to make.

the ole head n shoulders routine

not a double bottom. was a bulltrap now price will tank.

AHAHAHAHAHAHA 17.5 will be crushed

Double bull trap even, that's twice as bad.

who /cupandhandle/ here?

DEAD CAT BOUNCE
E
A
D

C
A
T

B
O
U
N
C
E

kek 30min chart, zoom out faggot. your fat expensive and slow shitcoin is dead

>We made it boys

Longer-term candles all confirm. 8 hours to glory. Anyone with any coin will be rich tomorrow. Only nocoiners poor.

Why do you all want BTC's death so badly? You realize the death of the king will ruin the kingdom?

We get it, you sold your stuff and are salty. Can always buy back in bro

>cup and handle
>the same denial cry hodlers made at 18k, 15k, and now at 13k

Can it crash hard so I can buy more? I'd like 10x gains by feb/march.

God TA is such a meme

this

I would personally wait for confirmation.

I've been saying this for a while, and it will be very healthy for Bitcoin to have a nice, slow dip where it evens out around 11 K and then starts to climb again.

A nice, smooth cup be formin'

they're brainlets

this won't be resolved until we either get past 15k or bounce off that price for the 2nd time
buying or shorting now is based purely on emotions, not actual merritt

Bears about to get BTFO, here comes the surge we moving north boys

NOW WHICH ONE IS IT??

My thoughts exactly. Everyone ITT read this guys' post. If you foolishly sold and want to buy back in, wait until it actually manages to break $16k again.

a correction is healthy

Bitcoin has to die before crypto can really grow - if you can't see this then you are part of the problem.

We've had a healthy correction - this is it

Some people want it to fall further

Bad news for everybody to fall further over xmas

LOL. its obvious that we hit a triple bottom. we are heading up. shorters BTFO.

Funny how Veeky Forums only likes TA when they think it means it'll go up

Healthy correction that is all. Hopefully real bizers accumulated well in these past few days as we are strapping for a moon. Noncoiners and limp handed cucks btfo.

you're lack of understanding of patterns is such a reality.

Sorry OP, you are retarded.

we bottomed, now we are seeing a bearish consolidation pattern. We have by no means "made it"

ITT: Palm reading gypsies.

TA is a self fulfilling prophesy for sheep. The wise gypsy says you will marry a dark haired woman. So you marry the first dark haired woman you fuck - It's fate! Your friends saw the same gypsy and did the same thing! It must be a great idea, right!

Alas, it transpires that the dark haired woman is a non-binary lunatic who is sleeping with your mother and father. You and your friends all get divorced.

Maybe a carefully considered long term strategy would lead to a better outcome?

Its literally going to about $200 and just die hards, hobbyists, and people who cant face reality will trade it with each other

medium.com/@untetheredbtc/how-the-tether-usdt-distribution-system-works-84a5c673bec0

tldr don't hold tethers on 2nd january

Bitcoin is old and obsolete. And it is dragging everything down with it when it has another one of its increasingly serious seizures. It has to be cut out from the market like a cancer.
Sorry to say that. Nostalgia is a powerful drug. But this shit can't go on. The market needs to be set free from the tyranny of the mad king.

You can have the best of both worlds.

>Buy in 1/4 now
> Set additional two 1/4 buy limits lower (say, 13.5k and 11.5k, and perhaps an additional at 9.5k.
>If goes up, you have 1/4 your stash in and get to profit
>If it goes down, you can buy the dip still and not have bought too high with most of your investment

What is the flaw of this plan?

What if it keeps dipping after you bought the "dip"?

except that wasn't the bottom. The bottom is 8.8k

Basically, you're banking on the fact it won't go below 9.5k. It's not as good as just waiting for 9.5k but it's an option if you aren't 100% sure whether it's going up or down, which the board seems to be split both ways.

do any of you buy and sell btc alone as it fluctuates throughout the day? it seems it would take a lot of volume to make up for fees but it still seem worthwhile

Want cycle of gains again.
Sell high. Crash to $100 then run up to 40k

Its incredibly risky and one bad trade can erase few good ones and hours of work so this is definitely not advisable.

Everything dipping? Fucking accumulate, hodl and strap on.

You can trade any of the Big 3 on GDAX since their movements are practically identical. It's a lot harder than it looks, though. Do it with a small amount of cash at first and you'll learn just how hard it is to turn a profit.

Never do it with a large part of your investment, you'll end up fucking yourself over. When you buy, have to be sure that it's going to gain a fair bit to make it worthwhile, and likewise when you sell, it has to drop a fair bit to accumulate a decent amount of coin worth the risk.

If it was easy to predict the $1000 swings, everyone would be rich, but looking at where it's meeting resistance top and bottom can help mitigate a small amount of risk.

>Butterfly pattern
>Bat pattern
>Elliott waves

Etc yeah they're fucking idiots. Everytime I end up in tradingview makes me vomit.

It's an inverted cup and handle brainlets

Is it snowing where you live, user?

Gee man I can see numbers on clouds too.

It's not over yet.

i mean, the dip is pretty much over, just gonna see small shit now, 1 to 2k up and down but the trend will turn to slow up. once people realize its not gonna go down again, they start to buy, and its another moon mission

you guys are so tards...
this is the only line you should be watching

if it breaks up, we sky
if bounce back down
10k by EOY

this is 4h btw.

>implying 99% of people didn't think "oh wow double bottom. it must go up!"

It's harder with a small amount though

I don't really day trade but dont they take the same about percentage wise? My logic was just do a small amount to practice before trading bigger amounts.

these people lol

...