CAN SOMEONE TELL ME WHAT THE FUCK IS HAPPENING
CAN SOMEONE TELL ME WHAT THE FUCK IS HAPPENING
just like in 2018 where we crabbed at a support level for months and when retail finally took over whales dumped it
two scenarios
either bitcoin is a scam and it's time to end it for usd or
bitcoin is the new form of mega reserve currency
under either case there's no reason to not manipulate it to get more coins for top holders
i personally think this is the pre-market pump before dumping, will keep this thread up to check myself
You are getting liquidated.
Luna sending 125 mil chunks pumping the market, gl user.
wait for it Putin just signed a decree that the west now has to pay for gas in rubles lmao the west is going to have to buy rubles and pump it to buy gas
>before dumping
t. npc take
You will be slaving for 50 years, thats whats happening
>bitcoin
oh no no no
do normalfags unironically still believe this market follows the boomer rock?
We don’t even buy their gas idiot. We buy their crude. Midwit as fuck thinking this meant anything. The dying petrodollar is priced in.
It's following the wyckoff chart exactly like I've been saying it would since April 2021. I've made so much money off that chart, it's almost a 1:1 future reading chart. One more pump to 70k before end of Spring, then down to near 20k (18-22k) sometime late Summer. This is the last time I'll point this out, just for good karma. After this though, it's your own fault if you dont listen.
based putin
give us back our crypto bucks from the faggot senile potus
your poopoo hole got bigger
Post chart pls. I have a wyckoff but I think it's different to what u descrube
>just like in 2018 where we crabbed at a support level for months and when retail finally took over whales dumped it
Retard. Different context. Pic related
please go here binance.com/en/trade/BTC_USDT to see what's now happening
Low attention span retard spotted
Alot of people think we're in accumulation but they're thinking backwards, zoomed too in to the price action of 2021 summer. We are in distribution, it's only a question of how far to zoom out.
on a bot thread no less
Here's the longer term distribution, though I feel this doesn't fit as well and doesn't make sense for past cycles.
it's a bart market
This. We didn't follow 2017 formations AT ALL last year, and there's no reason to think we're going to be anything like 2018 currently.
Where is the markup on this for the long term holder who would create such a long term pattern?
You need to markup before distributing...
we kinda did actually
the money that would've gone into bitcoin was diluted into things like safemoon and shiba inu, but surprisingly all the money was there
The issue I have with these is there's no way BTC is going back to 10-15k. It's just not possible, complete fairytales
>10-15k
ill start buying back in at 25k
if it goes to 15k ill long the bounce then sell after some satisfying profit then wait it out to see bitcoin 'recover' into the low 20's then hold until the next halving/run
btw all that market optimism seems to be showing it was a scam to offload on retail. nasdaq opened a full step down disconnected
lots of money to be made on the ups and downs on the way down