You can't possibly be dumb enough to not realize what is happening

>return to the mean

Hope you bought the dip I'll be lamoing all the way to the top

> This is another sucker's rally

lmao fuck i missed the $6k dip by 1 day and have been waiting for it to go back down ever since, kms

well firstly i have no idea what is happening 90% of the time and secondly you have no idea how dumb i can be.

Looks like every other dip before it on a log scale chart.

Although if it keeps this up, this means the next rally->dip would be something as large scale as going to $100,000 then crashing to $20,000.

The pink wojaks when that happens would probably at an epic scale.

Then you'll fit right in as a bitcoin "investor"

>doesn’t know what a moving average is

Look at the trend line. It's corrected already.

Nice try but the correction is over

If you post fud TA daily then one day you'll get it right OP and I bet that'll be the best day of your worthless depressing life. You won't make it.

babbel babbel go pop eheheehe

>Although if it keeps this up, this means the next rally->dip would be something as large scale as going to $100,000 then crashing to $20,000.

Which is exactly why there was such a bullish hammer to smart money once it went under the 200 day moving average.That wasn't emotional stupid money that bought at the top.

That was smart money that bought in 2016 or smart money that sold near the top - money that knew it was a 50:50 it either:

1. Goes a few $1k lower from there.
2. It starts the next bull run up to $100k.

If you had those odds as an option which would you pick - especially for an asset which is inevitably going to go higher than the price you're paying for it now...

According to my charts we are good to go.

how to detect a retarded bull? every next wave for him is always 5th

...

>believes in TA
If you can predict bitcoin's price with TA, why won't you leverage x100 three times and become rich as fuck? Because TA isn't real.

the second blue line doesn't fit, noob

just because you're too fucking retarded to do this doesn't mean other people aren't

>smart money
>technical analysis on bitcoin

Contradiction.

Even if is a bear market have you learned nothing? Alts fall with BTC so tether out then buy alts at the bottom. If you think you're near the top, change out to BTC or ETH.

You know what people who are fucking retarded do? Follow a trading strategy with no evidence it works. I.e technical analysis

I'm not saying TA is a crystal ball or even anything better than simply the basest patterns and some self-fulfilling prophecy.

It is after all simply a measure of historical sentiment. You should discern from it only something that informs your understanding of current and future sentiment and your taking into account what's systemic and external to it - which is really hard unless you know at least the extent of what you don't. After that it's a risk vs reward situation and your appetite for both. There wouldn't be any money in it if you knew for certain what's going to happen it's a market's job to price it in.

The way I see it people obsess too much over catching the bottom and let things fly. If your last buy in price was 4K, then maybe you can accept that 6K some months later is not such a bad deal and that was the bottom this time. Maybe we'll still see 4K this year, but it really isn't set in stone it has to happen, so try to get an entry that won't leave you with regrets, don't expect to nail it, because you don't need to.

>the absolute state of this board

>inevitably going to go higher than the price you're paying for it now
lmao

market cap says its over ... but only only monster whales and their bots know for sure