EDIT: bearish pennant confirmed by the PVT
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[image redacted]
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we're definitely near the tipping point. i think evolve was spot on with a call for a triple top at $130.
Topic: Yet another analyst :) - page 64. (Read 269580 times)
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beautiful bull trap. clearly many of us are playing musical chairs though -- what is your target for the tipping point?
EDIT: bearish pennant confirmed by the PVT
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[image redacted]
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we're definitely near the tipping point. i think evolve was spot on with a call for a triple top at $130.
EDIT: bearish pennant confirmed by the PVT
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[image redacted]
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we're definitely near the tipping point. i think evolve was spot on with a call for a triple top at $130.
Flag
(266 + 54)/2 ≈ 160 - it should bounce at least to this level. But maybe we should use a log scale here?
i see $180 as the more important resistance. it is the phi-retracement of 266-54, and also the top bound of the bear pennant that formed after the crash. i have my doubts that we'll make it there anytime soon, but once we do, breaking over this important resistance will be a very bullish sign and could signal a return to the underlying long-term uptrend.
(266 + 54)/2 ≈ 160 - it should bounce at least to this level. But maybe we should use a log scale here?
Its simple enough: this sucker is going down down down short term. 1st buy at $30, 2nd (if reached) at $15.
ROFL!!
Bounced fine 
But this fucking [still potential] shooting star with 1.200.000 volume is very bad news for bulls.
But this fucking [still potential] shooting star with 1.200.000 volume is very bad news for bulls.Wow. Got feeds.
Weekly sma 10... Well... It should bounce.
Weekly sma 10... Well... It should bounce.
Its simple enough: this sucker is going down down down short term. 1st buy at $30, 2nd (if reached) at $15.
Many people asking for advice. My advice is: homo homini lupus est. You are the one in this battlefield, all other - enemies. Do not help enemies.
Daily trend change detected.
Price went in lower bollinger zone. Obvious target after such growth is lower BB.
Also close below envelops
RSIW eventually went below bullish support and MACD eventually crossed down.
This is all very fucking bearish.
Price went in lower bollinger zone. Obvious target after such growth is lower BB.
Also close below envelops
RSIW eventually went below bullish support and MACD eventually crossed down.
This is all very fucking bearish.
don't be so sure yet. it is amazing to see this little staircase fight its way upstream against all the selling pressure, but there's still a whole lot of steam to let off. we're not "back to normal yet", this is going to be a period of high volatility, do not be fooled.
Yes absolutely, highly volatile, but I hardly think this spells the end for bitcoin as some would have us believe. I'm excited to see people buying 70k btc to reverse the trend and keep us above $100US. The long term future is bright buy buy buy!!!
emphasis mine.
this has literally always been the case. a lot more are worried about buying due to the threat of a short-term drop that might inflict more losses on their already goxed wallets. and you should be too.
don't be so sure yet. it is amazing to see this little staircase fight its way upstream against all the selling pressure, but there's still a whole lot of steam to let off. we're not "back to normal yet", this is going to be a period of high volatility, do not be fooled.
Yes absolutely, highly volatile, but I hardly think this spells the end for bitcoin as some would have us believe. I'm excited to see people buying 70k btc to reverse the trend and keep us above $100US. The long term future is bright buy buy buy!!!
I dont see it. Because of all of the volume, looks like a reversal to me.
Better call.
don't be so sure yet. it is amazing to see this little staircase fight its way upstream against all the selling pressure, but there's still a whole lot of steam to let off. we're not "back to normal yet", this is going to be a period of high volatility, do not be fooled.
I dont see it. Because of all of the volume, looks like a reversal to me.
Better call.
Everything is going... According to plan 
I'm a happy bear!
I'm a happy bear!
Are you surprised by the swiftness of the down move? What are the implications of such a speedy down wave on future waves?
This is exactly what I expected.
IMo This was a classic bubble, a speculative fifth wave/ending move. Not a third wave with strongly improving fundamentals. I think pretty much the whole thing will be retraced
So yeah I'm as bearish as Proudhon these days...
Great call.
I dont see it. Because of all of the volume, looks like a reversal to me.
Bear flag (another) on hourly chart... Not confirmed yet, target <50. No chart porn, feeds dead.
Somebody pls illustrate.
Somebody pls illustrate.
C seems to be having a ABC 4th wave heading into 5 which might be sub $50. imo
No charts available, im in mobile :/
Bear flag (another) on hourly chart... Not confirmed yet, target <50. No chart porn, feeds dead.
Somebody pls illustrate.
Somebody pls illustrate.
Effectively, I have nothing else to say.
The amplifying effect of this thread ripples beyond the forum. The worst part is that he is not the only one.
Was this thread amplifying things when bitcoin rose from $10 to $266? Because you mentioned earlier that this thread was predicting doomsday from the start.
If you predict every freaking day that it will fall, someday it will.
Ironically for lemmings, the last result will seem to legitimize their predictive power.
This also work with nonsensical patterns, such a birth charts and cold reading.
On top of that, now we must consider the bias that depressive forecasts have over hopeful ones.
The same thing happens when you get in a reunion and meet old friends. When they talk about how extremely well they are doing in their lives, you are skeptical about it. When another guy says that his life sucks, you take that for granted.
It is a common bias. Bad predictions always gets amplified... especially when they are vulnerable.
If Lucif didn't have enough power then, he is now on the path of becoming a demigod.
The way to prove Lucif's growing popularity is to start charging a monthly fee for his analysis, and I don't doubt that he will get a growing customer base.
With such a small market as in bitcoins, it is very trivial to move trends with a few thousand bitcoins, if you add to that a relatively small and yet faithful group of followers... you can play pump and dump at will... even unwillingly.
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