8K NEW BOTTOM BOUNCED LIKE CRAZY
FUUUUUUUUCK YOU BEARS
HOOOOOOOOOOOOOOOLYSHIT
Brandon Carter
Cameron Ramirez
up to 8.4 the down to 7k
Lincoln Russell
NO!
Blake Wright
BULL MARKET 2018 HERE WE GOOOOOOOOOOOOOOOOOOOOOOOOO
GET IN ON THE GROUND FLOOR
Andrew Barnes
WE FOUND THE BOTTOM. ITS OP
Henry Morgan
>mfw i'm shorting
Mason Campbell
NEVER SHORT BTC
Xavier Mitchell
We are still fucked
Ethan Morris
BOUNCED AGAIN ORDER THE HOOKERS GUYS
Easton Reyes
time to break 8k again
Jason Morris
>he didn't short
Jaxson Garcia
Shorting in this market is playing with fiee. You will get margin called even if it ends up going down
Ayden Flores
Yeah 8k is the new bottom never going lower than this
Brandon Walker
Yeah... Never, r-right guys?
Asher Jenkins
NEVER
Dominic Barnes
yeah never screencap this
Kevin Scott
is this bounce due to lightning network beta release?
David Ward
lol, only if you're a moron and don't take proper size and leverage compared to your equity.
not every try using 100x lev on bitmex
Lucas Gutierrez
lol, no
it's due to natural retracement of extended downward movement. you can't go down forever, you need a few breaks every so often to keep an acceptably sloped downtrend.
if you are looking for a bottom, wait until we start going parabolically down and see a large increase of volume as that signals a market "panic" which due to the exponential nature is unsustainable, and will take an extended bounce on the larger timeframes, panic likely really kick off if we break 5800 low from last major panic
Landon Hall
>price isn’t affected by real-world fundamental events
>price is totally affected by the magic lines and they’re talking to me
off yourself subhuman
Jace Garcia
Damn this thread came earlier than expected. Translation: This is the new top.
Jose Miller
>herp derp, chart shows indications of reversal due to MASSIVE news release that EVERYONE is hyped for
again, lol, no. LN beta release is not enough news to counteract all the uncertainty and negative sentiment that has built over the past weeks/months
if this was the case, you would have seen STRONG signals of reversal in the chart as news spread rapidly and changed market sentiment.
signals of reversal are still weak enough to not qualify as full reversal, but only as retracement after just over a day of big losses