File: 979741.gif (1.43 MB, 500x280)

1.43 MB GIF

>>60915254
Are you thinking what I'm thinking?

the 00:01 UTC candle has been red every day so far i believe. I'm looking for a green 1min candle with some volume (automatic buys). nothing huge

>>60915282
something like this will indicate to me that bitcoin is starting to flip, so it can proceed to follow gold and some other shit. Or something... whatever. it's probably not today.

>>60915254
how do you know where these levels are at?

>>60915312
just daily closes and wicks. if I were a faggot with a bot, or some TA fag, that's where I'd "flip bullish"

bots often operate on basic TA and numbers entered by scared faggots who want to go AFK. the majority of them will flip at such targets. thats part of the increased volume along with forced liquidations / position closing

I'm long eth again and adding on this dip but I dont expect much, last trades have been great, time for me to eat some shit. other markets i watch are going up so these dips are usually fake and gay when that happens

4299.73 11x long, target: until faggots start jeeting again

File: btc spxf.png (108 KB, 1477x798)

108 KB PNG

the problem is I made too much money earlier today and I'm usually ahead of the curve so there's probably still a lot of jeets to wade through. oh well

pic rel is the kind of trading divergence i'm talking about

sluuurpp

>>60915254
>111k stablecoin

>>60915914
yeah kek

still long eth but there were clearly no shenanigans today to easily exploit

File: divp2.png (111 KB, 1468x751)

111 KB PNG

>>60916330
>no shenanigans today to easily exploit
well, besides this dip, and all of pic rel

this is gonna be a good one lads

>>60915254
ur smart im dumb how does a coin have a close? what does this mean?

I cant believe this is the way the market works. Its fucking stupid.

>>60916574
OOOOOOOOOOOOO

I jeeted at 4355 at work

this is criminal to be making so much money off ETH baggies

>>60917485
Officially petitioning the jannies to change any reference to shorting as 'jeeting'
>short - jeet
>shorting - jeeting
>shorted - jeeted
>bobo - brown
Make /biz/ fun again

>>60918296
kek i support it

btw long!! it'll surely pump after burgermarket close

every long is dangerous as hell to jeet but sometimes it has to be done ... some time soon it's going to just rip straight to 120k, unless other markets take a big shit

>>60919368
Starting to see some fireworks candles popping randomly on lower caps
The green season is percolating

>>60919381
Indeed! good sir, may gains kindly find their way to you. i'm also buying some stocks maybe ...

ho shit we need that CRCL crap 112 was the bottom

we are so MAKING IT!! permabulls rise up

dude this may be it, this may be THE pump (again)

holy shit how is thi s happening i'm right literally every time it's like winning the lottery multiple times

i do ok normally but what the fuck man

>>60920334
Man, even if btc goes to 230k or some crazy number, that's a measly 2x from here...

>>60920344
I trade ETH fren, but yes BTC is the cheese

>>60920364
Do you think btc will at least break 200k by 2028?

>>60920373
as long as normgroids are calling for $150k or $180k, I'm forced to call for $250k+, yes, this cycle*

when normgroids start calling for outrageous targets, get wary.

*meaning, the real cycle, the cycle that all these assets follow, not muh bitcoin halving voodoo.
if spx, nasdaq, DJ do nothing but pump for 10 years, bitcoin will too.

after almost a year of crabbing this is primed to go higher than traumatized bitcucks expect. but, alas, not today.

>>60920404
>meaning, the real cycle
You don't believe in the 4 year cycle? By "this cycle", do you mean the one that is supposed to top in 2025? If not 2025, when do you think this cycle tops?

the setup here is for the orgasmic money printing rate cut hullabalooza that they are hoping for

at some point they're going to do the same shit as always. a max pain pump where nobody gets even a -1% dip to enter on, like recently on ETH.

that's what you wanna be here for. but until then it's just fake and gay

i'm not jeeting my long yet tho

>>60920453
That's how it was in 2017 right? For most of 2017, btc was kinda crabbing, then in Nov-Dec it just skyrockets outta nowhere catching everyone off guard. Also, what do you think of the continuous futures that CBOE will bring in Nov. 10? Good for btc price action (will it go up?)

>>60920445
BTC will peak around the same time as S&P, just like last time (2021 or 2022).

these people, who provide nearly all the trading volume, aren't just going to dump something because of muh 4 year halving cycle, while stocks rip up lol. They are going to keep buying, driving up the price, until the buck stops. and then it's selling season.

Now: why should this cycle have a determined start and end date? Wouldn't that be too easy? If everybody expects it to end cleanly in November-january (BTC-S&P), it simply won't.

This "cycle", or, the general uptrend that risk assets are in, could last until 2050. What you consider a bear market may not start until 2120. Maybe 2027 marks the start of an 8-year secular downtrend. Perhaps the bear market starts tomorrow. Hell, multiple parties could probably send bitcoin to $99k in the next 10 minutes if they wanted to. Saylor could, CEXes could, (insert other significant holders)

>>60920510
I'm thinking that 2026 will be a bad year due to all the negative macro data coming out...so I'm thinking that the blowoff top will happen in eoy 2025 or very early 2026, then we enter pretty bad recession/bear market by mid 2026.

>>60920474
it's been researched by some nerds. If you count the best days, i.e. the days on which the vast majority of gains are made, it's only like 10-20 per year on average. so yes, most of the time it's boring until some big move up or down

>what do you think of the continuous futures that CBOE will bring in Nov. 10? Good for btc price action (will it go up?)
I dont really have any opinion on it. it's basically like just another liquidity pool opening up, and that pool is filled with an equal distribution of people who will be bearish or bullish, at any given time

it's a more jewish liquidity pool, being perpetual futures

i guess it also increases the options for hedging by shorting, for ETF fags

maybe it will increase volatility and maybe that's a good thing

I just see it as something that can go both ways, with my very limited understanding. there seem to be pros and cons

i mean, if bitcoin is roaring up in november it will probably just add fuel to the fire

>>60920521
i just think the markets are positioning to take a bet on QE

we have experienced many things that may have caused a longer downtrend or bear market but dips have been gobbled up

i guess nobody wants to risk underexposure during the big prints

yes I agree it can go down by that time. But a frenzy going into late 2026 may also be in the cards if the money stars align

I just hold anyway. Theres really no point in trying to predict such things. If you must take profits, do it at times when it feels right, or when you want to take a screenshot of your portfolio. and only take small %. Thats my idea anyway

>>60920605
>>60920558
As one of the few intelligent anons left on biz...do you think btc can reach a million per coin within the next decade?

>>60920558
>equal distribution of people
i mean: the ratio of long:short in CBOE, or wherever, will be roughly the same as everywhere else, at any given time. It's not like they are opening a can of longs or shorts, which some people seem to think

>>60920619
easily

if you disconnect yourself from the price funnynumber;
it's proving to be a $2 trillion asset right now, before our eyes, every single day, and that's pretty significant i'd say

soon, it will prove itself to be a $5 trillion asset. And then a $10 trillion asset. Ignoring any black swans of course.

why? well, there must be a million reasons why different parties are interested in bitcoin. None of us can be privy to all of those reasons. Simply distilled: it's probably the best financial instrument that has been invented

secondly, as we all know, fiat money must escape to somewhere. it has been escaping into bitcoin, plus other things. I would not expect the trend to suddenly change. until the world fixes itself, which it won't

Thirdly, Bitcoin is a kind of veblen good.
As soon as it goes to, say, $300k a lot of richfags are going to feel gut wrenching fomo, and what happened before will happen again
$100k is $0.1M

most arent ready to hear this but unironically, plan B is right that $400k is in play. why not? It's still illiquid in price discovery. think about it: the chief argument against it is founded entirely in recency bias. "Last cycle 'sucked'". well... okay.

the Bitcoin crowd LOVES to draw conclusions from sample sizes below 5.

that said, literally anything can happen, it's all odds. I'm totally prepared to be wrong, it'll be nice if we're right.

who knows where you will be by the time it reaches $1M?

Maybe I'll just jeet at $400k

make as much money as you can, live as good a life as you can, stack shit like bitcoin, and cash out when you're ready. In 3 years time you may be able to invest a lot more than today if you keep working hard. Invest in yourself, not just the assets. Get qualifications, skills, degrees.

by then, maybe the $1M price target matters a little less. you've focused on stacking more, instead of "waiting harder"

unless you're planning to sit in a cave and NEET, of course

just some thoughts. good night

>>60920474
Wrong. It dips like mad, then skyrockets like a reverse rug.

jeeted at 4313 shit's going nowhere

when volume is so low you just never know if a response to a price movement is meaningful. breakouts become much less likely. you just get cock & ball torture most of the time

europoors start trading soon. they have been doing pump & dumps around this time. they run up the price in low liquidity, until a few hours before burger markets open. then they leave you hanging

>>60922180
Don't get too frustrated, anon
Lots of patterns concluding now
This is the calm before the storm
Betting on that storm going up and not down, and that's how she goes

I KEKED MYSELF>>60922150

LIKE I KNEW

I WOULD

i remain 13x long on bitcoin but damn I should not have closed jewthereum

>>60923284
>>60923294
Soft PPI. I had choked my stops right up in anticipation of jeeting the bags, didn't want to get caught out by another dip if it had gone the other way. Question is whether this is enough to get up above 113.5 where shorts should start to get liquidated in quantity and there isn't much more resistance until we're hitting 117k or so. Sol has done pretty nicely for me the last couple of days as well, if that can hold above 225 at the same time then I'm hoping for upside all the way through 250 and beyond.

>>60923357
>Soft PPI.
Ah, right. to be fair if I'd known this was coming i probably would have exited regardless kek

yeah SOL is looking good, the drawdowns on it have been too violent for me to stomach trading it, but im sure you can really make a killing. compared to ATH its in a nicer position than ETH

i think ETH follows nasdaq a bit closer (with less volatility) so I feel more secure there