Enjoy the ride, in 2 days no one will remember this chink dump and we will be back at $5000.
>>3350967
I hear that Japan want to make the same.
>>3350967
i bought when it crashed to 1900 dollar, it can half and I still made profit
Bull run tomorrow.
Based chinks have come to the rescue
Except China isn't the only one. South Korea Russia Ukraine and more are doing the same or even worse.
>all this denial ITT
>he didn't buy the dip
>>3350988
kek wait till you see what this is
>>3350967
Nope. Needs to hit at least 3000k
Might go sub-3k a bit.
Look at the market depth.
There are people pulling out HALF A BILLION DOLLARS
https://mobile.twitter.com/bitmexrekt
Look at that shit.
As dire as it looks, i still believe it will bounce back. Not at 4k a coin tho.
Shit needs to dip.
I see BTC going to 9k before the end of year after a horrific fucking dip
>>3351128
Not yet. We still bears for a while.
LMAO how deluded do you have to be to think this is the end of the dip.
Another dip incoming
>>3351195
what is that twitter account telling us?
>>3351338
People cashing out their margins on different coins
“Someone” cashed out 80k satoshis @ 4300 like an hour ago
>>3351210
For how long? I don't even bother TA anymore I just do what anon tells me
It seems to be over, the top 100 coins at least 50 % are being bumped up, should we wait another day? dont want to miss the bottom.
I don't think the market will let bitcoin go below $4000 for longer then a few mins, always people buying the dip. Were not in a bull market yet, well have to see how September plays out first.
I know
I know I've let you down
>>3351463
Yeah I'm looking at the market depth and it would take someone with about 28 billion dollars to dump it to 3k, I guess its possible but which chart specifically are you looking at? It seems extremely unlikely we will dip below 3800.
>>3351416
but 80k satoshis is only 3 dollars
>>3351486
Polo charts
How’d you calculate that conclusion?
>>3351495
You have to look at several different exchanges market depths. Based on polo it won't be able to dip below 3800..
GET READY FOR ROOOUUUUND 3 FOLKS
>>3351486
Also are you taking into account the people that are dumping their alt coins for BTC so they can cash out?
I know you can use ltc or eth to cash out, but i think a lot of people are cashing out to BTC because of the volume
My hypothesis is that cash out trend is proping up the price
>>3351536
For that past few days whale institutional investors have been aggressively selling their holdings in attempt to dive the price down with bots, and their success was big at first but it's now waneing as confidence returns to the market tomorrow. Yes, it would take approx 28billion from the market cap amongst BTC/ETH/LTC in order to cause that 3k dip. It COULD happen. I don't think it will.
>>3351523
That’s what im sayin
I think people cashing out their alts is contributing to that extra 700 buffer
That’s why i think 3k makes sense
Pessimist in me see’s it rubber banding to like 2800
I think the amount of people buying at 3k is the slingshot moment
>>3351432
I don't TA either but there's a very clear bear channel. We've just bounced off the top of it again at 4180. If it goes the way of the previous dip I'd expect it to hit 3600 in a few hours. I sold at 4100 and have a buy order in for 3650. I'm no expert though - I'm all in tether atm so there may be some confirmation bias on my part
>>3351562
I'm not picking up what you're putting down. If people are selling out of their alts its because they want to hold more of the reserve BTC... (most altcoins are 80% speculation and get dumped asap in bear trend)
so a downward trend in that fashion cannot last.
You need to look at more than one exchange lol. Middle market price much higher.
>>3351584
Look at market depth.
Look at how red rest of the market is.
Top of chart is 3400
Pink Wojacks and downward trend could easily account for another 600
People will come to their senses at that point and then we’ll bounce back above 6k
I think it could even go to above 8k
>>3351580
same here
>>3351608
https://bitcoincharts.com/markets/
On almost every single chart you look at what you are saying is false. The market depth is massively tilted towards buyers. Theres almost 3x as many buyers at 3800 than there are sellers at 4.2k
>>3351641
going to crash hun' :) you wont get rich wthout working ^^
>>3351641
Its being propped up by the other coins that just lost the ability to do business in china!
Of course it’s titled towards buyers. It was 5000 a coin 2 days ago! Eth was almost 400 a coin 2 days ago! Its under 300 now! How many shit coins are built on eth?
Zcash was almost 300 2 days ago
Its under 200 now
Back in march those coins were trading at 40 and THAT was insane
A dip to 3k is going to happen
>>3351678
I make lots of profits from bear trends. BTC will not go below 3800 on mid market average. You may see it dip to 3600 on bitfinex since they are under siege from the Chinese government and everyone forced to trade there is trying to get the hell out.
By all means sell now though, as I'm sure it will dip to 4.1k mid market again but thats about it.
>>3351691
It’s going to 3k
>>3351707
3k would be a splendid buy opportunity but it won't happen.
>>3351713
It’s gonna happen.
You’re gonna lose money.
You’re hurting people reading this thread.
>>3351732
I've got a reserve of money to buy if that dip happens. I could say the same to you, trying to convince people to sell before it goes to 10k.
Thank God Bitfinex is pumping Bitcoin with fake money again. TO THE MOON!!!
>>3351774
Let Bitfinex and tether die pls. ty
>>3351748
You’re still gonna lose money
>>3351781
We are the BTC marines???
>>3350967
it's all downhill from here boys
>>3351691
i agree, i dont think we are going to see sub 4k. Altho the market really needs sub 4k correction to become healthy again.
>>3351798
Tether marine here - bring on the dip
>>3351798
There are people on this board in places like Venezuela that are trying to use this shit to dig themselves out terrible financial predicaments.
You’re “reserves” might be fine after the rebound, but this rearranging deck chairs on the titanic talk is affecting real people just so you can flex your e-peen
3k. Happening.
Then moon.
>>3351798
>>3351837
We've already seen sub 4k
>>3351861
What would truly destroy a person investing from a poorer country is to sell during a dip and then have to buy in higher. As you are implying, the wage disparity is significant for poorer people.
>>3351906
Or they buy at 3k.
I’m confident it’s gonna go in both directions.
Are you confident it’s gonna go up and not further down?
>>3351870
Nice edit lol
>>3351927
Yeah, I'm fairly confident - 70% certain that tomorrow will be a modest bull run with everything improving between 5-10%.
>>3351906
What i’m saying is I’d be comfortable buying at 3 with the expectation that it’s going up.
If it doesnt then they’re fucked at 3
What you’re saying is if they bought at 4 and it doesnt go up, then they were better off buying at 4
It’s the lesser man’s pascals wager.
I am confident buying at 3 and riding it up to wherever it goes until the next correction
>>3351944
Doubtful.
I expect it to remain steady, but only because alt’s are still high. The alt’s will keep making a steady drop and btc will keep floating because of it. There will come a point where it will hit 3k
>>3351964
Ah, I see where you are coming from then. To the poor man out there yes it would be a much more confident buy at 3k, and if you have the patience and fortitutde to wait for that dip - that may never happen, then do so. You will bring your family wealth.
I'm on the otherside of the fence, I think 4k is extremely cheap for a bitcoin.
>>3351980
I also wear a dinner jacket when i post on 4chan.org
>>3352002
Pfft, a dinner jacket. You brute. The modern gentlemen wears a smoking. One does not post on 4chan from the dining room but only from the smoking room or the study.
>>3352002
The true value of a bitcoin is in the hundreds of thousands, surely anyone getting into this thing knows this deep down if they have done absolutely meaningful research into the topic. It's irrelevant to buy at 3k or 4k, whats important is they have some before shit hits the fan.
I already sold at a profit days ago, idk what to do now, ppl say its recovering im skeptical its another bear trap. Should i buy now, wait for another dip or wait till a 3k dip like some anons are saying????
Friendly reminder that you may be in a bubble.
There is no guarantee it will recover. You have not understood the risk you are taking.
Never, ever double down on a losing trade.
YOU LOST THE TRADE. TAKE THE LESSON, GET OUT, MOVE ON.
LEARN FROM IT.
>>3352041
The bubble to end all bubbles. Bitcoin is going to go up every year until 2120.
>>3352041
yeah.. people who caught the dip back in june are still bagholding right
lmao nocoiners
>>3351861
"3k happening cause i want in cheap, then moon"