BTC to 52K "BUY THE DIPP!! BOUNCE IMINNENT!! " BTC 46K "This is just temporary, we are going back to 50k in no time!!" BTC 42K "BULLS STILL FUCKING STRONG!! LETS EAT THIS DIP!! SELLING ARE FOR PUSSIES!!" BTC 38K "BUYING OPPORTUNITY OF A LIFETIME!! BUY NOW OR CRY LATER" Yeah sure, so many perma delusional bulls here
Points of interest for the BULLS: BTC: \- 53k to go back above the bull market support band; \- 47550 to come back to trend line; \- 47960 tom come back above the 50 week SMA. ETH: \- 3760 to maintain trend line up; \- 3840 to come back above the bull market support band; \- 4070 to come back above EMA 9/13/20 on the daily time frame. BNB: \- 550 to come back above the EMA 9/13/20 on the daily time frame; \- Stay above 500 to maintain level above bull market support band. ADA: \- 1.4 to come back above the EMA 9/13/20; \- 1.5 to come back on trend line up; \- 1.56 to regain 50 week SMA; \- 2.07 to come back above the bull market support band. SOL: \- 170 keep this to stay above bull market support band; \- 182 to come back on trend line up; \- 187 to come back above the EMA 9/13/20. And for the MEME, DOGE!!!: \- .174 to regain short time frame trend line up; \- .185 to break downwards trend on medium time frame; \- .215 to come back above the 50 week SMA; \- .245 to come back above the bull market support band. Mind these are indications and will change day by day. But hope you'll find it useful.
These big cypto youtubers are begging for clicks during this lull phase. BitBoy's latest video: "BTC BULLS RELEASED! Best crypto scenario plays out!" Like, BTC got a 5% bounce today after being down how much...? We saw this price 2 whole days ago... These people are something else.
“Commenting on the sell-off seen over the weekend, the on-chain analytics firm Glassnode called it “a significant deleveraging event,” with almost a quarter of open interest in bitcoin futures wiped out in one day. However, Glassnode also noted that the correction is likely not as deep as some fear, saying inflows to exchanges have remained at relatively low levels. According to a tweet from the firm, crypto inflows to exchanges now are “meaningful,” yet “small in comparison to May.” GO BULLS!!!
Here’s my take on what happened. Nearly 90% of all Youtubers were almost guaranteeing $300,000 per coin this month. What did that result in? Way too many leveraged longs. What we just saw was bitcoin doing bitcoin things: going against the masses and breaking the trend. If you want to ride the BULL of all BULLS you better be ready to be bucked around. In a nutshell, tons of leverage longs just got liquidated and we will likely see a lengthening cycle with diminishing returns. This bull run is not over yet, but do not expect a guaranteed peak this month like every other Twitter influencer had promised you.
Bitcoin drops from 69k to 60.5k: > Crypto is dead, it was a scam all along, I can't believe I spent all that money on magic internet tokens, I'm a fool I'm a bloody fool what am I gonna tell my mum? Bitcoin goes back up from 59k to 60.5k from: > BULLS ARE BACK FUCK YEAH crypto is the future I'm a millionaire again can't wait to tell my mum
Good OP! That is a nice post. Not really anything new, but it is very visual, so thank you for that. I would like to split the price movements in three categories: \- prices go up, due to market conditions i.e. everything goes up (BULLS) \- price goes up, because some feature was added, collabs ("smart contracts" on ADA...) \- price goes up, because some marketing (see Musk tweets...) Regarding ALT season I believe it is inevitable due to the first bullet. So comparing the ADA pump is not really applicable in this case but would be due to second bullet. Of course the pump is bigger in the bull market, than bear market. Also bear market is the shitcoin killer or "coin filter". In my view, any shitcoin that survives the bear market becomes an alt-coin. :D
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Looking back in your comment history I’ve never seen someone be wrong so many times with their predictions. Hats off to you pal, for being the biggest moron in this sub! Love the hypocritical stuff btw, calling bulls out for cheering on the green, but as soon as one red candle appears you’re like “SEE? TOLD YOU SO, BULLS IN DENIAL!11!”. Never seen someone this ignorant before lmao
BITCOIN explodes shattering the molds.. if you don't believe in ETHERIUM AND DOGE then get the f*** off the commode! With that Sure Shot... Sure to make the Bears drop... Follow don't copy y'all this isn't a co-op! Shiba rains drowning the thirst of the bear pawns that i lay my 5 finger punch upon... BULLS ON PARADE🚀🚀🚀 BULLS ON PARADE🚀🚀🚀