Bobos, Come out to play!
>>59614845My lord.Look at the weekly charts for bit coin:it is currently at a clear top, this is not the time to buy but rather the time to sell.If we take the earlier cycle as a clue, then we should expect retracement to reach 60-70k on the high end, even lower if the political situation changes.Yikes.This is my first time looking at BTC, usually just do stocks and commodities, but the Crypto Ball is what got me here.How can you be bullish at this point? I'd be pulling out my hair if I couldn't get a sell order out to my broker after seeing this.The closest thing I can compare this to is an IPO, and those usually crash hard from the high back to the opening price, which with BTC would be sub 10K.
>>59614845Dead cat bounce
>>59614845I'm long from 19k and I woke up smiling this morning. Run for your fucking lives if I start bullposting. This market does not care about my feelings, if I even THINK 'we are back' it just immediately pisses all over itself. I think we range for 3 more months here.
>>59614897stfu u literal no-coiner.Go back
>>59614927>stfu u literal no-coiner.That sentiment is par for the course with bagholders across time. You really should start reading the broader market better....are you saying I should buy? Or I should've bought but now I can't because I "missed it"? Because if I missed it, then logically it follows that we're looking at the top zone here.If you think it's a good idea to buy at THIS price, please give me a solid reason. I can't find any fundamentals that support the premise that bitcoin has any margin of safety. As said before, this is a classic case of IPO hysteria. If there's any value to be had in bitcoin, it would be a better idea to wait until after it retraces and finds a bottom. I've tried to catch too many falling knives in my career not to know better than to wait in cases like these.
>>59615234your mom was a dumb whore with a fat ass, you know that?
>>59615251>your mom was a dumb whore...is she still dumb if she buys bitcoin? Would you call her a smart whore if she did that? Is bitcoin for smart whores?Listen to yourself. The top zone has been reached, do what you have to.The struggle now is with your own built-up bias clouding your judgement. Best of luck anon
https://www.youtube.com/watch?v=2NV7Eh_ptoA&t=147s
