Ayy

Im really no TA guy but can someone tell my why this doesnt end in another downtrend?

Pic related

it will correct to 8k but you won't see btc below that ever again

No one thought it would correct to 6k when it hit 20k. What makes you so sure less than 8k is out of the question when we're barely at 12k

>No one thought it would correct to 6k when it hit 20k.
except all the people who kept spouting the "bubble" meme since 20k

FUCK YOU
WAT DOES THIS CREEPY IDIOT SAY??
DOESNT EVEN NOW HOW BLOCKCHAIN TECHNOLOGY WORKS MAYBE YOU SHOULD LEARN WHAT A BITCOIN IS BEFORE YOU OPEN YOU STUPID MOUTH
BANKS IS SCARED AND CRYPTO WILL BE WORTH MILLIONS IN 2019
IDIOT YOU NOW NOTHING !!!!

because stoch doesn't work as it should in a bull / bear market

Note the first point you circled. It doesn't even line up with the price peak brainlet. Giving TA a bad name.

We may go down for a few days, but look at the weekly RSI.

No, if it goes down, it goes down hard.

Means nothing really. If it really wants to crash it'll do what's doing now but in reverse. Basically riding the bottom of the rsi at oversold. Then a slight pullback before going back to being oversold.