THE CYCLE IS OVER. ITS A DEAD CAT. WAKE UP FFSReposting because quite clearly you ARE NOT UNDERSTANDING.What's going to happen is the weekly will force an RSI reset at 30 but to get there we'll hit between 73k - 80k level. There is no avoiding this. The weekly RSI is the most trialled and tested indicator , you can forget your little wet goy pump because nothing matters until we hit oversold on weekly.You're literally at the whims of the RSI and whether you like it or not you are destined to be thrown around by it like your mother being pounded by your alcoholic stepdad.Didn't read? Don't care. And don't bother replying, i've been here longer than you. I'm also wealthier, bigger (physically ~ 93kg:13%bf), have a deeper voice and meditate 40 minutes a day. There's literally nothing you can say to me that's going to elicit any reaction so just fuck off cunt
Ok but my charts read Bullish, I'm also wealthier, bigger (physically ~ 279 lbs :10%%bf), have a deep bass voice and liftmax 60 minutes a day. OP is a faggot.
>>61437861> The weekly RSI is the most trialled and tested indicatorprove it
>>61437892Literally look at the weekly chart and tell me if you notice a pattern or perhaps you lack the IQ to see it for yourself
I'm gonna bother replying just to tell you you are wrong HAHAHAHAHAHAHAHAHAAHAHAH I WON YOU LOST HAHAHAHAH LOOOL
didn't read
It’s another bobo OP scared of the piss snake episode
>>61437861>>61437892post liquidation price so we can laugh at you when you lose all your money rashid.
>>61437969>>61437986congrats on those 3 whole data pointsvery trialled and tested
>>61437980Lmao that chart proves my point you fucking idiot.>>61437986I only hold BTC spot. I am not shorting. I actually am set to lose wealth if BTC drops but I have a long term strategy and can cut through the noise with rationality.
>>61438004Same rules apply to stocks. Go look at Microsoft for example. This isn't just crypto. The face you didn't even know that tells me you're inexperienced and emotional and shouldn't hold stock or crypto
lmao fucking rsilets
>>61438022Do you have a point of view Harshit? is that your only and final contribution? What do you have for us?
>>61437969check november 2011 the very lowsame level as this time (35-36)we bottomed out
>>61438080Sure, and i'm not even going to talk about the marketcap differences here, though they are important, - that aside, more often than not we require a full RSI reset on weekly oversold in order to satisfy the demands of bears and give bulls (and mostly algo bots) a reason to trust that their new entry point is justifiedNow because we need to make a decision as investors all we can really go off is past indicators, not 'vibes' as 99% of biz quite clearly values more, as being indicative of future moves. You have found an instance where the law didn't apply so you have to answer this question:"is this cycle bottom more likely than not to follow the pattern in 2011 compared to all more recent cycles after it?"My personal opinion/bet is it is not more likely to play out like that. So i place a greater than 50% odds that we will reset below 30
>>61437861What do the colored circles in the top left do for Iniggers?
>>61438280i have no idea what ur talking about i dont see any coloured circles in top left
>>61438172ok but we bounced well off from 35 we're at 40 now didnt happen in any of the last 3 cycles at the start of the bearso it's just a quick drawdown, also like march 2020
>>61437876hello buffdaddy is this your first market? it's obvisly a dead cat bounce. we 20% down from ath it is joever see you in 2 years bro.. alsop plz go fuck yourself
>>61437861>i've been here longer than you. I'm also wealthier, bigger (physically ~ 93kg:13%bf), have a deeper voice and meditate 40 minutes a day. There's literally nothing you can say to me that's going to elicit any reaction so just fuck off cuntall that and still no wife and children. holy mutterinos.
>>61437876fpbpop btfo
>muh rsi>muh 4 year cycles>muh ai bubble>muh QT>muh QEBunch of fuckin' RETARDS think they have identified the bear market.
>>61437861cope + sneed + L + kys + didnt ask + bottom selling faggot
>>61438462bouncing "well" doesn't mean anything it's not a confirmation of anything. it randomly "bounces" on arbitrary numbers between 30 - 70 all the timeit's like testing support or resistance is only real if it genuinely touches those levels, it's never "well close enough">>61438555That's right, except im literally looking at the patterns that play out time after time and you have access to the same evidence for this as me>>61438565didnt sell. i still hold from 2014-2016. i'm literally saying this WHILE holding and continuing to hold.
>>61438625problem for you is that for those last three cycles at 35 there was no 'random bounces' or testing of any support from there it just kept dropping only in 2011 did it show a bounce from 35 (and went to 40 like this time) which turned into a full uptrend / marked the bottom
>>61438682>last three cycles atSure but week starting january 17, 2022 it bounced at 35, trapped bulls and then made its final move downward and did a successful reset.This time is also different because there's quite clearly a bearish divergence at play. you WANT it to drop sub 30. this is your golden ticket for a perfect DCA entry like it is every cycle Why are people so opposed to wanting cheaper prices? I dont understand the hate (not from your specific just in general). You want the RSI to drop to oversold, it's the only place worth buying
>>61438748ignore the greentext. fatfingered it
>>61437861Yes. I called the top and can bench more than you pussy.
>>61438682If you are interested, you can view how I was also correct in my line of thinking last major move down to 73k I called it using the exact same simple indicator. Me calling it early > https://warosu.org/biz/thread/59469968Me following up with /biz once it played out > https://warosu.org/biz/thread/59894739I use graphic language for effect as you have probably noticed by now. I speak the language of the platform i visit
>>61437861Mumus aren't worthy of any warnings. They will start posting about the cycle halfway through the 3rd year and will say that it doesn't exist at the end of the 4th year because it hasn't hit their target price so they need new suckers to buy.
Op is right but he's not yet at my level I massdumped at 120k. So take it from someone who is even better than op and with lower bodyfat. Better hairline. I was at a 5 star hotel and fucked a 23 year old (girl) there in november. Also my manners are better, everyone likes me irl. Anyway price target is under 50k.
>>61438748>week starting january 17, 2022 it bounced at 35no it bounced from 38 where there was already a support levelwhereas now the support is 45 so we already broke that
>>61438793within a margin of error brother, 35, 37, 32.. it's irrelevant, it's arbitrary.Look all that matters is that Bitcoin weekly RSI gets a close oversold sub 30. My belief is that there is a greater than 50% chance that it will occur and until it does occur, we're just playing in the sandpit and trapping bulls with deadcats
>>61438826> it's irrelevant, it's arbitrarywell i also told you>where there was already a support levellike when btc went from $6 to $12 and rsi went from 50 to 57 in 2011 , but that was the bull trap because rsi was already holding around that zone. meanwhile when support hhad broken down then bounced (35 to 40) that's when the bottom was inthe latter is what is happening now
This isn't bearish.
>>61437861OP, what do you think about the inverse of your idea? in the past bull runs, the RSI has surpassed 90 but it has yet to this run
>>61438851Agree to disagree, we're not going to get anywhere but it's good to know what ur perspective is but I still think it wont play out like you expect>>61438930breaking 50 SMA is surely not bullish though is it? picrel>>61438933Yeah you're talking about the monthly. You are right, it was pissweak this cycle bit it still technically broke into overbought and broke twice for bearish divergence. If it did not break into overbought territory then i would conclude we still had a while to go. A number of factors could have resulted in it being so weak this time around, probably more fundamental than technical
>beartardation>rsilmao
>>61439114Thanks for your contribution Harshit
>>61439084>breaking 50 SMA is surely not bullish though is it? picrelLiterally everyone on X is watching that moving average though. Price was probably deliberately dumped below it for that reason.You can be right that we're near the end of the cycle, but the rsi tells me that another ATH is still possible without touching 73k yet.Admittedly it isn't especially bullish, but I'd rather be long here, if I'm using the weekly chart.
Wtf, OP was right
>>61437861>There's literally nothing you can say to me that's going to elicit any reaction so just fuck off cuntalso>14 posts by this idyou had one job opbut i agree with your strategy tho op, i to shall hodl for most of my stack and wait for a lower point to buy more if it should come, if not no worries
>>61437876>im morbidly obeseweird flex but okay
>>61437861Wife? Kids?
What if unleashing $11T of boglehead boomer capital on the chart blows up every TAtard's precious indicators and we zip staight to 200k no pullbacks because chad boombooms don't give a single fuck about meme lines and the autismo retards who believe in them
>>61440054fiancé, no kids>>61440100say it again in english zoomer>>61439181same rhetoric end of last cycle yet it played out exactly like the last before that, same indicators playing out. Algo bots care not for what others notice, it's not quantum
>>61437861samefag from last thread, you are still wrong. big money is flowing in. vanguard is now offering exposure, Bank of America is recommending investment in it as well. The crash was a bear trap.
Piss snake already liq'd longs. Now it's going for shorts.
>Dea0C7EHoly shit the dead cat ID
>>61440541> big moneyWho/Which money is currently flowing in as of now specifically?
>>61440541The big money already had exposure. This really does not mean what you think it does.
>>61440725Bank of American, Vanguard, Blackrock and JPM Morgan>>61440735I'm 100% aware, but from your reply I can tell you haven't been keeping up. BoA is now not only permitting, but actively advocating for investment into Bitcoin with their clients. There's a lot of very rapid huge things going on behind the scenes and they're trying to wipe out MSTR while they're at it.
>>61440725Also Texas
>>61437876Haha wear those joints out, enjoy grinding bone on bone and or the replacement surgeries that are 50/50 shot of causing more pain than grinding bones cause
>>61441432Buddy all they're saying is that they're opening up the option for their clients to get exposure to BTC. Those same people who have accounts with said instos, who mind you live and breathe money, if they wanted it would have ALREADY had exposure to bitcoin. It's a nothingburger. This isn't 2024 BTC-EFT era. This has been a thing for a while.Tell me, how much capital has currently already flown in as a result of these btc approvals and what impact has that had on the price the past week?
>>614378612 more weeks
>>61442800okay buddy
>>61441432>and they're trying to wipe out MSTR while they're at it.that would require either crashing it to insane lows or keeping it suppressed for years, seems hard to coordinate globally at this stageas every fuckery before this point in time has proven, if you start to run naked shorts or other paper btc positions you entire business will be liquidated in 1 to 2 years max
>>61437861Cool meltdown. I'm rotating into XMN since it actually does something besides vibrate on a chart. Enjoy your RSI tears.
Hope you guys are paying attention now that ur goyslop deadcat is in it's final moments.
>>61444781when to close shorts?
>>61444781Shouldn't the DCB go to 100k to form a proper right shoulder?
>>61442792They're recommending investment, not just allowing it. >It's a nothingburger. I don't think it's some great happening, but it tilts the scales further in favor when the last few reluctant corporate goliaths are now embracing it and states banking treasuries.
>>6144481440k by late 2026
>>61444928>40k by late 2026I don't think we'll see that low. The last few bears we've seen BTC drop to the prior cycle ath. So that would be 60-70ks BTC in this case
>>61437861Do you know what oversold means you mouthbreathing retard?It means there is an external force that dragged it down and forced more than normal selling. It absolutely does not have to go down to oversold levels based on the RSI. If you actually knew what the RSI was you wouldn't be posting retarded shit like this.Based on the RSI, it should stay away from both oversold and overbought regions, the only reason it goes into those reasons is unpredictable events that swing it up or down by external pressure. You're trying to predict new external forces in the future by an indicator that shows normal market behaviour you imbecule.
>>61445167why wouldn't we? -70% is the golden standard of deep bears
>>61445576okay so you're trying to force in fundamentals "external pressures" into technical analysis? Are you saying for the first time in bitcoins history we will avoid oversold RSI this coming market bear which spells the birth of the eventual new cycle that comes thereafter? Are you one of those "this time it's different" dudes that dresses up as a woman?
>>61445776I'm telling you that you don't understand what RSI means. RSI doesn't oscillate between overbought and oversold under normal market conditions. RSI does not indicate whether it will be oversold in the future, it is a lagging indicator that shows that the current state of the market.How far the RSI is from the mean is an indicator of how far we have diverged from the fundamentals due to external forces like black swans and marker shocks. You can use it to gauge whether it is currently irrationally under/over valued. If you predict that the RSI will drop to 30, you need to have a reason for it, it can't just be that it will because it just will, that is completely inane and shows a total lack of understanding of what the RSI is. In the past the RSI showed black swans on Bitcoin as it was meant to.
>>61437861>listening to a UNI baggieLMAO
>>61445576>>61446636>RSIwell said. trend lines and triangles however are divine partings from the heavenly figures and thus will be respected by market forces at all times. due to this it will go up. QED
>>61437861Don’t give a fuck if you sold mr tryhard chad wannabe I’m not going into my self custody cold storage wallet (the only way I have bitfuck exposure) and loading it onto an exchange and getting whacked with exuberant fees just to appease you and your skitzo RSI thesis that you probably don’t even believe yourself. Fuck off nigger
This board is so fucking gay holy shit I think I might need qn actual flesh girlfriend to escape from this hell.
>>61447175i like how you are ignoring the bottoms you dislike
>>61437861RSI is a poor indicator
We've reached peak bullfag/bearfag season, therefore we crab until February.
>>61447216Yeah get a load of that nigger lmao>>61447132Best altcoin hold with most potential but thats not the topic of the thread Miami eat rocks
>>61438007>Lmao that chart proves my point you fucking idiot.you took like, eight covid shots didn't you?
Nothing EVER fucking happens
Yes we're obviously in a bearmarket, everyone whos an actual trader knows this. However i don't use RSI and the next target is lower (67-70k).
>>61437861buy an adstupid nigger
>>61448287actually i am already. why wouldn't I be able to show a website called coindashy.com which includes the indicators i need to demonstrate my point that the RSI is the most trusted validated indicator to mark cycles?thanks for the bump though
>>61448282well it's not obvious to the 99% of monkeys who are seething at this obvious truth>>61448237covid lockdowns were real
>>61448351you will die alone and full of regrets, anon
>>61448362My sentiment is HOLD. I'm not advocating selling at this close to oversold region. the time to sell was at the overbought RSI peakI haven't sold shit since 2016. you are misreading me
>>61448366I am truly sorry then
>>61448351You’ve been busy anon bravo
>>61447132kek>>61447889>most potential>All-time high>May 02, 2021 (5 years ago)>-87.61%
>>61450126Nice attempt to derail faggot
>>61450177cope baggie
>>61444781Do you think we will hit 100k before the next major leg down? Or is the DCB finished now?
>>6145024195-100k is my best guess, i don't know but it isn't unrealistic
>>61437861looks like that weekly RSI ((((trialled and tested)))) couldnt bring us to ~$27k in late 2024 like it was supposed to. oh no.i guess it just forgot touch 95 this year as well. oops. my cycle!just as you warned us right?i kneel rsichad!!1!11>https://warosu.org/biz/thread/58065264
Crypto is in a bear market until eoy 2026. Meanwhile, gold and silver are just getting started.
>>61439084>>61438748The fact someone created a gay crypto room like this and isn't ashamed to post it here proves crypto is over
>>61450667selectively ignore my previous predictions (drop to 73k). I know you read them too you little weasel
>>61451819Cope harder, you are 1 in 100 who genuinely feels that my no-limits crypto room is "gay". lets see your contribution, anon
>>61451825>wrong once>right oncewhy should we listen to you then chud
>>61451826>1 in 100If this is how you do math... ngmi
>>61451843because im wealthier, bigger (physically ~ 93kg:13%bf), have a deeper voice and meditate 40 minutes a day and have attended three 10X seminars.
>>61451848No contribution, got it. Forever a consumer, never a creator. Your opinion is worthless. Oh and yeah i do think the website is dogshit tier, and theres a million other better sites for analytics but they wont let you say nigger
>>61437861still promoting your website, huh?
>>61451870No i'm promoting my ideas on where the market is heading. Deflectors who don't want to hear my ideas will bring up my site to rerail. So what if the site i'm using to show my analysis is also the one i created? that's irrelevant
>>61451868You misunderstand. It's not it's technical capability, it's execution or contribution. It's your insatiable desire to masturbate live with other anonymous men online over jewish coins that makes you unimaginably gay. It's okay, I don't mind faggots that much, but you should at least have the "balls" to say it.
>>61450126>>61450667>>61437876>literally BTFOs OP >>61450177>>61451858malding and coping with no response
>>61451877Mate you're on /biz doing the same thing. Why are you projecting so hard onto me your deepest desires and feelings?Someone frequents /gif and it shows. Go back
>Mate you're on /biz doing the same thing.I'm here for the stock market you tiny little faggot. Just jumping in because I can see you malding and coping, you are easy prey
>>61451819>>61451877You're just as kikey as OPshut up fag
>>61451895>I'm here for the stock market also >spends time reading a 100 comment thread related to crypto. Biz is a crypto board since 2019. are you new?
>>61437861>>61438075>>61439144>>61450177>>61451858BENCHODE BLODY BASTAERD FUKU BLUDDY
>>61451902thanks for your contribution Hatshit
>>61437861Based coindashy user. Hi wojak
OH NONONONO HAHAHAHAHAHAAHAHA
i say we have still fuel for a new all time high, simply because we had no media attention, no new scams like ftx or nft's. we had no mania. no uber driver taking your crypto and no top indicator has lit up. there is no 4 year circle. it is more about quantitative easing, long time loans and market phases.
>>61453901>we had no media attentionunder what fucking rock
>>61454379you can check the pi indicator and google trends. there was no media attention.
>>61451964yep pre-2019 we discussed real businesses like men not little zoomer baby toddlers and their clown dogpoop tokens. was a different era. respect
>>61447216>i like how you are ignoring the bottoms you dislikethe script automatically generates them, my opinion has no influence. retard
>>61454710wrongthis board was always a p2p advertising freelancing group that first worked for Brokes/Alefantis, then for Mast, then for the chinese and the Maiselas. The last is going to result in dead shills
