Cryptocurrency market trends I

[elite1337]

 

[Apollo]

Don't sell here if you haven't yet, the daily RSI is at rock bottom. There will be a scam bounce in a few days. Sell then if you are scared from crypto volatility.

 

[Apollo]

 

[kickz]

Its actually almost at the 28k I mentioned a few pages back

This is an epic Black Friday sale

 

[Apollo]

Its actually almost at the 28k I mentioned a few pages back

This is an epic Black Friday sale

I don't think BTC will close under the 200 day simple moving average (currently at $39,700) for more than 3 days.

This price action is fucking with people who think the 200 day MA is support and it is tricking 28K bears from not providing support.

 

[elite1337]

wow everything really went down a lot though

 

[Apollo]

Fuckin' hell I was right, but didn't have the guts to short.

Next time the Pi Cycle hits I am going to short this b!tch following this strategy:

This is the secret sauce how to turn an expected crypto bear market into a shorting bull market:

Pi Cycle Top Indicator | LookIntoBitcoin

Pi Cycle top is a free live data chart for Bitcoin. This indicator has picked the top of previous $BTC market cycles to within 3 days.

www.lookintobitcoin.com

A few weeks after the second 2021 Pi Cycle Top on BTC (expecting Q3 or Q4 2021), put on a short during a high RSI rating on the 4 hour chart (near top of a relief rally, would be like shorting BTC around 16-17K on Jan 6th 2018), then sit back and relax as prices dump.

^ This strategy worked for the 2013 top and for the 2017 top,

@Ghengis Kaarhis @Dawo

A big if.. but what if we never get a second Pi Cycle top and that 65K top during the Coinbase listing was the top?

Then this strategy is already in effect on a short from $58,000.

Oooh sheeeeit.

#FUD

My gut instinct was correct here, BTC at $58,000:

I want to short BTC here, but I am too chicken to short up only cryptos.

Shorting stocks is so much more comfy. Shorting cryptos will give you nightmares about being rekt the next day.

I think I am naturally a better bear than a bull. I also called the 2018 bear market.

2018 will be a crypto/Bitcoin BEAR market

For any of you tards holding cryptos, sell, divest, get rid of it. 2018 will be a BEAR market for cryptos. Posting this for the historic record. #Voodoonomics

www.somalispot.com

I can't wait for the real bear market (2022). I have a feeling this is not the real bear market.

 

[kickz]

Fuckin' hell I was right, but didn't have the guts to short.

Next time the Pi Cycle hits I am going to short this b!tch following this strategy:





My gut instinct was correct here, BTC at $58,000:



I think I am naturally a better bear than I bull. I also called the 2018 bear market.

2018 will be a crypto/Bitcoin BEAR market

For any of you tards holding cryptos, sell, divest, get rid of it. 2018 will be a BEAR market for cryptos. Posting this for the historic record. #Voodoonomics

www.somalispot.com

I can't wait for the real bear market (2022). I have a feeling this is not the real bear market.

I agree we still have more bull run to go, this is an epic shakedown though. Perhaps Zuckerberg or Bezos is getting his forced discount right now

 

[Apollo]

I agree we still have more bull run to go, this is an epic shakedown though. Perhaps Zuckerberg or Bezos is getting his forced discount right now

I will put in an extra layer of complexity: I think I will follow that strategy in either late 2021 (December) or Q1 2022, but will use put options on Coinbase and MicroStrategy instead (safer).

Pi Cycle Top on BTC followed by a relief rally with a high RSI rating on the 4 hour chart a few days/weeks later has never in BTC/crypto history failed to be the perfect shorting opportunity.

It worked recently and worked in 2018.

Hopefully a second chance later this year or early next year.

 

[Ghengis Kaarhis]

 

[Apollo]

This price action as of late shows BTC is far away from being the global reserve asset. It still acts like a speculative fomo/meme stock.

Gold never has -40% dips in a few days, neither does the Euro or the Yuan.

Maybe at 1 BTC = over 1 million USD will it stabilize.

 

[Apollo]

32K BTC.

Holy shit, now I am scared and I am not even in crypto at the moment.

 

[المهندس]

32K BTC.

Holy shit, now I am scared and I am not even in crypto at the moment.

Time to accumulate i am seeing deals right now on certain alts

 

[Apollo]

Time to accumulate i am seeing deals right now on certain alts

The American stock market is going to open in 30 minutes and they can short BTC from the New York Exchange/Wall Street.

Scary af.

 

[المهندس]

ngl this reality check was needed

 

[المهندس]

Time to add a new friend to the portfolio AlGORAND

*Welcome sxb*

 

[Apollo]

I yolo'd 1,000 euros (fresh fiat) on ChainLink. It is a Safu coin. Willing to baghold for a few days/weeks.

 

[elite1337]

rest in pepperoni btc

 

[Apollo]

rest in pepperoni btc

Everything will bounce at least 15-20% from here. Free money, yolo some fresh fiat at this dump.

 

[المهندس]