Thread 61286564

note the double bottom with all the volume in the valleys indicating buying and no volume on the peaks indicating that smart money is done selling and have switched to buying.

>>61286564 (OP)
When bitcoin breaks out the whole market is going to go apeshit

>>61286564 (OP)
so we have to go to 105k then back down to 101k first

>>61286586
Yea, 105 is the long term trendline and it will bounce to flush out the weak hands before pumping.

OP, what's the timeline we're looking at? When will alts start pumping and recover from the massive crashes?

I was thinking bitcoin would pump in December, then altcoins follow suit in Jan/Feb, does that sound about right?

>>61286950
Let me check my crystal ball, anon
Yes you’re exactly correct

>>61286950
>OP, what's the timeline we're looking at? When will alts start pumping and recover from the massive crashes?

Its happening. There will always be liquidity sweeps (the long wicks down) but the macro environment is a crypto historical moon shot about to happen over teh next year.

my personal secret is to not use leverage and average in while taking small profits on the way up. Its an emerging market so if it crashes then worst case scenario is that you have to wait until it continues up.

>>61286950
>I was thinking bitcoin would pump in December, then altcoins follow suit in Jan/Feb, does that sound about right?

the government extended one of their debt things from 4 to 5 years so the cycle might be extended from a 4 to 5 year cycle this year as bitcoin follows the liquidity of that cycle. It means that alt season coudl be next August or so.

Until then maybe it will be volatile and be a traders market. buy low sell high.

>>61286564 (OP)
Volume doesn't really matter when its down trending. Lower highs and lower lows. When it dumped to 78k this year you also saw big green candles all the way down.

>>61288745
see the double bottom? the 2nd one did not break down past the first one. If the retest dowsnt break it then that structure is the pivot.

Welcome back, my friends, to the show that never ends.
So glad you could attend! Come inside, come inside.

He bought?
Pump it, he deserves money!

>>61288969
If your op picture actually played out your want to buy on the first bottom after the spike. Not right now

>>61286950
alts are pumping this month

>>61286564 (OP)

its happening

>>61286564 (OP)
>sure it means that

>>61286564 (OP)
And then another quick pump to $147k and more crab till Q3 of 2026.

>>61286950
>I was wiping my arse and the poop on the paper made a pattern suggesting this theory to be correct.

>>61291279
>>sure it means that

its playing out exactly like i said so far

>>61291333
Nice call anon

>>61286564 (OP)
everything in this checks out. just curious though whats the basis for that trend line?

Zoom out. We're going to $107k then to $80k

>>61286586
looks like OP is wrong then, we are well past 106

>>61292926
we are at 106 now, but we went well past it i meant

>>61286564 (OP)
All you new fags don't know what's about to happen

Bump

I need this shit to go parabolic before Nov 21st. My call options are fucked.

>>61292941
We are in November 2016. Have fun retiring within 13 months. Hell, you could just retire now if you have enough savings and a large stack.

>>61292941
Whatever else happens, we can be sure that ETH will dump.

>>61286594
how long we got now