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[2024-05-11 09:07:35] jjhiijiji : please be the right shoulder
[2024-05-11 09:07:38] bnqxbt : jjhiijiji: this is where bulls have support, bears have no volume
[2024-05-11 09:07:58] bnqxbt : above 71k, bears have the volume and bulls struggle
[2024-05-11 09:07:59] XRP Wale X : follow me boys :doge:
[2024-05-11 09:08:00] ilPanino : bears wasted all volume yesterday for a 45 minute fast move.
[2024-05-11 09:08:13] XRP Wale X : 💥👀https://x.com/xrp_x_/status/1789220484372189592?s=46&t=jfjzMbzSTEvjmwZqLsVFsQ
[2024-05-11 09:08:21] bnqxbt : but we know it's going over 100k
[2024-05-11 09:08:29] XRP Wale X : owl:
[2024-05-11 09:08:35] XRP Wale X : https://x.com/xrp_x_/status/1789220484372189592?s=46&t=jfjzMbzSTEvjmwZqLsVFsQ
[2024-05-11 09:08:43] jjhiijiji : bnqxbt: yeah i just dont wanna get liqd first
[2024-05-11 09:09:24] bnqxbt : jjhiijiji: hope the noise stays mild
[2024-05-11 09:09:45] bnqxbt : bottom was in already, this is just as you said a right shoulder
[2024-05-11 09:10:16] bnqxbt : may 4, was the bottom signal
[2024-05-11 09:10:19] jjhiijiji : if its the right shoulder we shouldt be dropping anymore
[2024-05-11 09:10:26] jjhiijiji : this should be bottom
[2024-05-11 09:10:35] ilPanino : jjhiijiji: yesterday someone mentioned "right head" also.
[2024-05-11 09:11:05] jjhiijiji : ilPanino: thats for the normal people with 2 heads and 1 shoulder
[2024-05-11 09:11:11] contract details : polycephalic trading strategies :pepel:
[2024-05-11 09:11:12] jjhiijiji : for us freaks is different
[2024-05-11 09:11:26] jjhiijiji : polycephalic.. another greek word.
[2024-05-11 09:11:28] jjhiijiji : i love it when you do that
[2024-05-11 09:11:39] bnqxbt : https://www.tradingview.com/x/HutizNyy/
[2024-05-11 09:11:50] bnqxbt : jjhiijiji: look at the similarity
[2024-05-11 09:12:10] jjhiijiji : bnqxbt: yes, panini also pointed that out and i saw it
[2024-05-11 09:12:12] bnqxbt : stoch same, dmi same, rsi breaking out, macd bullish, not over 0 though but still
[2024-05-11 09:12:45] bnqxbt : how ugly it gets before we lift off, is another story
[2024-05-11 09:12:54] bnqxbt : it was super clean last time
[2024-05-11 09:13:32] bnqxbt : where blue and orange dmi crossed last time, was the start of impulse
[2024-05-11 09:14:03] jjhiijiji : none of this means too much to me unfortunately
[2024-05-11 09:14:06] bnqxbt : blue as of now is still trending down, so we should see a massive candle up to turn it over orange
[2024-05-11 09:14:19] Vladimir.Putin : Bartttt please come ....
[2024-05-11 09:14:27] jjhiijiji : please bart
[2024-05-11 09:14:31] jjhiijiji : eat those shorts :(
[2024-05-11 09:14:35] Vladimir.Putin : haha
[2024-05-11 09:14:42] contract details : not yet i chickened out of ze long :pepe:
[2024-05-11 09:14:52] contract details : massive 0.20% profit :arthur:
[2024-05-11 09:14:56] ilPanino : As long as were under 800 1h its not looking great, break it and we have turbo rocket fuel.
[2024-05-11 09:15:13] Vladimir.Putin : daily look so bad
[2024-05-11 09:16:44] XRP Wale X : 🔻💪🏽🩷😂
[2024-05-11 09:16:45] doublecheese : Btc will disappoint many once it will be clear the top of the bullrun will likely be only 150k.
[2024-05-11 09:16:58] doublecheese : We will chop and correct for a long time.
[2024-05-11 09:17:08] ilPanino : Vladimir.Putin: its psychological, tricking people into shorting a bottom.
[2024-05-11 09:17:09] doublecheese : Then go to 150k in 2025.
[2024-05-11 09:18:54] Vladimir.Putin : ilPanino: i hope so, but still its a bad daily candle
[2024-05-11 09:20:25] Vladimir.Putin : in bear market, sol, wld, pepe look well, maybe in bull market this thing will fly hard
[2024-05-11 09:22:22] ilPanino : Vladimir.Putin: its looking awefull, and i agree.
[2024-05-11 09:23:13] rxr : 48k programmed
[2024-05-11 09:23:15] rxr : choo choo
[2024-05-11 09:23:27] jjhiijiji : last time rxr said that it pumped
[2024-05-11 09:23:29] jjhiijiji : so thats a good sign
[2024-05-11 09:23:35] rxr : i said it from 71k
[2024-05-11 09:23:40] rxr : so nto sure about that
[2024-05-11 09:23:49] jjhiijiji : i saw u say it at 60k last week
[2024-05-11 09:23:54] jjhiijiji : or high 59s
[2024-05-11 09:23:57] rxr : yes
[2024-05-11 09:24:01] rxr : i keep saying it from 71k
[2024-05-11 09:24:03] rxr : obviously
[2024-05-11 09:24:16] jjhiijiji : ah i only saw u saying it at the lows
[2024-05-11 09:24:35] jjhiijiji : and then when we went a bit higher
[2024-05-11 09:24:37] jjhiijiji : u switched
[2024-05-11 09:24:42] jjhiijiji : and said 74k or smth
[2024-05-11 09:24:44] jjhiijiji : then we dumped
[2024-05-11 09:24:53] jjhiijiji : now we dumped ur back to 48k
[2024-05-11 09:25:14] jjhiijiji : ive noticed a lot of ppl do this
[2024-05-11 09:25:16] rxr : i wanted 68
[2024-05-11 09:25:19] rxr : for more shorts
[2024-05-11 09:25:21] jjhiijiji : scream doom at the bottom
[2024-05-11 09:25:22] rxr : now we lost support again
[2024-05-11 09:25:25] jjhiijiji : and euphoric at the top
[2024-05-11 09:25:26] rxr : so im bearish again
[2024-05-11 09:25:33] rxr : we had daily lower high and lower low
[2024-05-11 09:25:37] rxr : back to bearish trend
[2024-05-11 09:25:51] rxr : 48k programmed choo choo
[2024-05-11 09:25:53] jjhiijiji : untill it breaks a bit higher than 48k will be cancelled
[2024-05-11 09:25:57] rxr : 63500 stops
[2024-05-11 09:26:00] jjhiijiji : and 74 reprogrammed
[2024-05-11 09:26:02] rxr : ofc
[2024-05-11 09:26:04] rxr : it's price action
[2024-05-11 09:26:14] rxr : that's what trading is
[2024-05-11 09:26:38] jjhiijiji : thats also what buying the top and selling the bottom looks like
[2024-05-11 09:26:47] rxr : no
[2024-05-11 09:26:48] jjhiijiji : when it looks bearish cause it dumped
[2024-05-11 09:26:49] jjhiijiji : u sell
[2024-05-11 09:26:58] jjhiijiji : and when ur euphoric and it looks bullish cause it pimped
[2024-05-11 09:26:59] rxr : i only short bounces in bearish trend or retests
[2024-05-11 09:26:59] jjhiijiji : u buy
[2024-05-11 09:27:01] bnqxbt : people look at charts emotionally, like it's hanging off a cliff, when it's not. it's looking bullish rn, it is a bottom
[2024-05-11 09:27:07] rxr : with stop loss
[2024-05-11 09:27:16] rxr : thats why i shorted 71k
[2024-05-11 09:27:16] jjhiijiji : i also think were at 'a' bottom
[2024-05-11 09:27:27] jjhiijiji : maybe not the bottom. but hopefully
[2024-05-11 09:27:36] rxr : https://www.tradingview.com/x/o7I2GyaI/
[2024-05-11 09:27:36] bnqxbt : either we pump up to drop ones more, or we just leave station and we can all cry a tear for the lost 60k range never to be sen again
[2024-05-11 09:27:42] bob12314 : ☺️
[2024-05-11 09:28:06] rxr : we have daily lower high and lower low now
[2024-05-11 09:28:10] rxr : so it's easy short with easy stop loss
[2024-05-11 09:28:18] bnqxbt : eitherway, I see us pumping til oblivion
[2024-05-11 09:28:18] rxr : 63450 stop loss
[2024-05-11 09:28:27] jjhiijiji : rxr: 👍👍👌
[2024-05-11 09:28:31] XRP Wale X : rxr: :doge:
[2024-05-11 09:31:25] "it will be........" : XRP Wale X: ahaha
[2024-05-11 09:32:26] XRP Wale X : "it will be........": hello
[2024-05-11 09:32:49] "it will be........" : XRP Wale X: :doge:
[2024-05-11 09:32:56] XRP Wale X : I’m falling sleep night time here :doge:
[2024-05-11 09:33:58] jjhiijiji : you in japan or AUS or smth?
[2024-05-11 09:34:08] bnqxbt : it would such a typicalk btc move we pump to 67 and then back down to 60
[2024-05-11 09:34:28] bnqxbt : jjhiijiji: must be the states
[2024-05-11 09:34:56] Gandalf the Grey : Just the two of us. We can make it if we tryyyyyy
[2024-05-11 09:35:21] jjhiijiji : bnqxbt: nah
[2024-05-11 09:35:30] jjhiijiji : only place getting dark now is east
[2024-05-11 09:35:36] jjhiijiji : west is way past 'getting dark'
[2024-05-11 09:36:06] jjhiijiji : unless its like almost morning for him
[2024-05-11 09:36:09] jjhiijiji : like really late
[2024-05-11 09:36:25] XRP Wale X : jjhiijiji: aus 7.30 pm here
[2024-05-11 09:36:31] jjhiijiji : there we go AUS
[2024-05-11 09:36:39] jjhiijiji : thought so ;)
[2024-05-11 09:37:59] bnqxbt : 7:30pm is not night time
[2024-05-11 09:38:02] bnqxbt : wtf
[2024-05-11 09:38:17] bnqxbt : that's lunch
[2024-05-11 09:38:25] jjhiijiji : 7 30pm is lunch?
[2024-05-11 09:38:28] XRP Wale X : bnqxbt: 😹😹😹
[2024-05-11 09:38:28] bnqxbt : :P
[2024-05-11 09:38:29] jjhiijiji : my whole life has been a lie
[2024-05-11 09:38:34] bnqxbt : oh yes!
[2024-05-11 09:38:45] bnqxbt : coffee til 4pm, then lunch
[2024-05-11 09:38:50] XRP Wale X : I had no sleep yesterday
[2024-05-11 09:38:58] jjhiijiji : sleep is for pus$ies
[2024-05-11 09:39:02] bnqxbt : and it always takes some time to get strated so at 7pm it's cooking time
[2024-05-11 09:39:10] XRP Wale X : Someone keeping me up
[2024-05-11 09:39:45] bnqxbt : I never understood the concept of sleeping
[2024-05-11 09:42:06] bnqxbt : jjhiijiji: are you stuck in a long?
[2024-05-11 09:43:30] jjhiijiji : bnqxbt: yes
[2024-05-11 09:43:36] jjhiijiji : bnqxbt: and im wondering if i should close it or not
[2024-05-11 09:43:50] bnqxbt : entry?
[2024-05-11 09:43:58] jjhiijiji : 63
[2024-05-11 09:44:14] bnqxbt : 10x or more+
[2024-05-11 09:44:19] jjhiijiji : less
[2024-05-11 09:44:35] jjhiijiji : /position btcusdt ``` :bitmex: XBTUSDT: 1 XBT @ 62978.176 ```
[2024-05-11 09:44:36] bnqxbt : you could sell half, turn down the lev a little more
[2024-05-11 09:44:43] jjhiijiji : yeah i was thinking of cutting some losses
[2024-05-11 09:44:49] bnqxbt : or sell 1//3
[2024-05-11 09:44:51] jjhiijiji : /pnl btcusdt ``` :bitmex: XBTUSDT: 893.13 USDT RPNL, -2,194.72 USDT UPNL ```
[2024-05-11 09:45:16] bnqxbt : but, ... I mean, it's all about risk management
[2024-05-11 09:45:23] bnqxbt : you SHOULD be safe
[2024-05-11 09:45:27] jjhiijiji : should be
[2024-05-11 09:45:31] bnqxbt : but, that is not risk management
[2024-05-11 09:45:31] jjhiijiji : but maybe not
[2024-05-11 09:45:43] jjhiijiji : ive also opened a short hedge
[2024-05-11 09:45:46] jjhiijiji : to ease the risk a bit
[2024-05-11 09:45:51] jjhiijiji : at 30% value
[2024-05-11 09:46:00] bnqxbt : I usually cut losses, just to feel safe, and then re enter as soon as possible, it's water under the bridge
[2024-05-11 09:46:00] jjhiijiji : so its not toooooooo bad
[2024-05-11 09:46:54] bnqxbt : I hate being stuck, it usually tells me I jumped the gun, and then I'm not prospecting, I'm just trying to manage the situation, hate that
[2024-05-11 09:47:06] jjhiijiji : yeah
[2024-05-11 09:47:24] bnqxbt : it happens time to time, you lose some to win some
[2024-05-11 09:47:55] bnqxbt : risky way is you up the lev, and double down, and hope for a small correction up, and exit
[2024-05-11 09:48:06] bnqxbt : hope is the key word
[2024-05-11 09:48:11] bnqxbt : :arthur:
[2024-05-11 09:48:18] jjhiijiji : i also thought about that
[2024-05-11 09:48:33] jjhiijiji : but im doubling down on the risk
[2024-05-11 09:48:38] bnqxbt : sure
[2024-05-11 09:48:47] jjhiijiji : that has saved me a couple times in the past
[2024-05-11 09:48:54] bnqxbt : stop limit at hurt limit, and you'll know what to expect if tits up happens
[2024-05-11 09:49:14] doublecheese : Remember, doublecheese is longing, it must dump anytime soon :D joking of course.
[2024-05-11 09:49:15] bnqxbt : rn, btc has no momentum
[2024-05-11 09:49:31] jjhiijiji : doublecheese: u longing is probably the most bearish thing ever ;/
[2024-05-11 09:49:33] bnqxbt : no bounces to be seen, it's crawling back up
[2024-05-11 09:50:05] bnqxbt : I think we pick up momentum just before asia opens
[2024-05-11 09:50:19] bnqxbt : utc midnight sunday
[2024-05-11 09:50:34] bnqxbt : until then it's neither here or there
[2024-05-11 09:51:22] bnqxbt : open interest is semi low
[2024-05-11 09:51:52] jjhiijiji : most likelt scenario for me
[2024-05-11 09:51:56] jjhiijiji : is that this is bottom
[2024-05-11 09:52:01] doublecheese : jjhiijiji: thats true lol. Funny thing I am longing but expecting 53k, strange how my mind works.
[2024-05-11 09:52:14] jjhiijiji : when we dipped to 50ks that was the wick under
[2024-05-11 09:52:16] jjhiijiji : or 'head'
[2024-05-11 09:52:25] jjhiijiji : and now were back testing the bottom support
[2024-05-11 09:52:28] jjhiijiji : of the huge channel
[2024-05-11 09:52:31] jjhiijiji : before resuming
[2024-05-11 09:52:44] jjhiijiji : now, the less likely scenario which we dump, we will go lower than previous low.
[2024-05-11 09:53:00] jjhiijiji : so i think my chances are decent
[2024-05-11 09:53:21] bnqxbt : I think so to
[2024-05-11 09:53:43] bnqxbt : could be even that the ma100 holds us here at 60300
[2024-05-11 09:53:46] bnqxbt : above that
[2024-05-11 09:53:58] bnqxbt : and we don't even touch the channel low anymore
[2024-05-11 09:54:15] bnqxbt : we are trading stuck between the 50 and 100ma's
[2024-05-11 09:54:23] bnqxbt : on daily
[2024-05-11 09:54:26] jjhiijiji : yeah the 100 is just above the channel bottom now
[2024-05-11 09:54:28] jjhiijiji : on daily
[2024-05-11 09:54:45] jjhiijiji : almost right on it
[2024-05-11 09:54:55] jjhiijiji : that gives me a bit of extra hope
[2024-05-11 09:56:59] rxr : https://www.tradingview.com/x/c4JQxLGP/
[2024-05-11 09:57:33] rxr : ETH etf rejection coming soon
[2024-05-11 09:58:59] jjhiijiji : fck ETH
[2024-05-11 10:00:20] "it will be........" : etf rejection on a saturday?
[2024-05-11 10:00:40] rxr : nah in May
[2024-05-11 10:00:46] "it will be........" : wp
[2024-05-11 10:01:12] 123sb2 : Buy pepe sell btc
[2024-05-11 10:06:11] bnqxbt : "it will be........": what etf rejection?
[2024-05-11 10:06:42] "it will be........" : use your eyes
[2024-05-11 10:07:13] bnqxbt : how
[2024-05-11 10:07:37] rxr : eth beautiful short
[2024-05-11 10:07:43] rxr : ethbtc nothing but weakness too
[2024-05-11 10:07:44] bnqxbt : 👀
[2024-05-11 10:07:58] Bubblemania : Pepe ETF will be game changer
[2024-05-11 10:09:00] jjhiijiji : why would ETF get rejected though anyway
[2024-05-11 10:09:23] jjhiijiji : how is eth fundamentally different from btc that would result in its rejection?
[2024-05-11 10:09:33] rxr : eth was an ico
[2024-05-11 10:09:41] rxr : no1 really knows its supply
[2024-05-11 10:09:43] rxr : and is centralized
[2024-05-11 10:09:54] rxr : = eth is a security
[2024-05-11 10:09:56] bnqxbt : SEC want to show who is the dictator
[2024-05-11 10:10:02] rxr : it might get an etf still but later
[2024-05-11 10:10:08] bnqxbt : power play
[2024-05-11 10:10:10] jjhiijiji : someone should just hang garry gensler in times square
[2024-05-11 10:10:17] bnqxbt : and also market manipulation
[2024-05-11 10:10:28] rxr : eth is worthless anyway
[2024-05-11 10:10:29] rxr : so who cares
[2024-05-11 10:10:36] rxr : just a trading instrument
[2024-05-11 10:10:40] rxr : 0 fundamental value
[2024-05-11 10:10:45] rxr : high gas fees
[2024-05-11 10:10:47] rxr : doesnt scale
[2024-05-11 10:10:49] rxr : totally useless
[2024-05-11 10:10:52] rxr : could go to 0 easily
[2024-05-11 10:11:01] bnqxbt : delaying, and delaying, is just playing time, which is market manipulation
[2024-05-11 10:11:25] bnqxbt : not using the time given, is just a scam
[2024-05-11 10:11:35] rxr : bitcoin at least is decentralized
[2024-05-11 10:11:57] rxr : hashrate only goes up
[2024-05-11 10:12:00] rxr : strong network
[2024-05-11 10:12:04] rxr : bitcoin is true digital gold now
[2024-05-11 10:12:10] rxr : eth is just a shitcoin
[2024-05-11 10:12:17] rxr : centralized ico scam
[2024-05-11 10:12:57] Gandalf the Grey : this post halving corn suxxx
[2024-05-11 10:13:14] rxr : 48k then 150k
[2024-05-11 10:13:15] rxr : choo choo
[2024-05-11 10:13:37] bnqxbt : it's just about time to get excited
[2024-05-11 10:13:49] bnqxbt : don't become grey because you stress a consolidation
[2024-05-11 10:19:48] jjhiijiji : yeap. consolidation always most likely scenario. too many people always betting on breakouts on either extreme
[2024-05-11 10:20:00] jjhiijiji : its always good for liquidity though so fck it
[2024-05-11 10:20:40] doublecheese : Gandalf the Grey: what does halving changes exactly? Most of bitcoin supply is already in circulation.
[2024-05-11 10:21:38] bnqxbt : halving changes that the amount miners sell drop by half
[2024-05-11 10:21:57] bnqxbt : the impact of them selling is half of what it was,
[2024-05-11 10:22:28] bnqxbt : and it's double more expesive for them to mine, so they want the price to move up to remain profitable
[2024-05-11 10:22:43] doublecheese : bnqxbt: but the supply coming from miners is tiny compared to the total supply in circulation. Makes no sense.
[2024-05-11 10:23:00] bnqxbt : miners are behind the biggest crashes during this bull run
[2024-05-11 10:23:24] bnqxbt : it's not joke, it's a constant sell pressure
[2024-05-11 10:23:43] bnqxbt : but you saked how it affects, not what is the greatest
[2024-05-11 10:24:04] bnqxbt : doublecheese: the total circulation is at most times in equilibrium
[2024-05-11 10:24:17] bnqxbt : "MOST" hold
[2024-05-11 10:24:33] bnqxbt : it's only a fraction that change hands at one price
[2024-05-11 10:24:51] bnqxbt : supply on exchanges is at its lowest levels
[2024-05-11 10:24:59] jjhiijiji : most are holding, and demand has increased a lot past 2 years, with supply increasingly limited it only makes sense for it to become more scarce
[2024-05-11 10:25:03] doublecheese : bnqxbt: I was making the point the effect is likely not that impactful per se. It's all just narratives really.
[2024-05-11 10:25:04] jjhiijiji : and miners need to sell for higher price now
[2024-05-11 10:25:06] bnqxbt : meaning the supply is not exhanging hands
[2024-05-11 10:25:07] jjhiijiji : to break even or make profit
[2024-05-11 10:25:42] bnqxbt : doublecheese: it does, it was the miners selling OTC btc to etf's
[2024-05-11 10:25:42] jjhiijiji : almost every post halving pumps was months after the actual halving
[2024-05-11 10:26:15] bnqxbt : now they have nothing to sell, or 50% less, and etf's are not slowing down their buying, it's coming back for a second swing very soon
[2024-05-11 10:26:40] bnqxbt : we have a supply shock happening
[2024-05-11 10:26:46] bnqxbt : it's not a narrative, it's math
[2024-05-11 10:26:49] jjhiijiji : yeah i agree with this but it might take a while for it to unfold
[2024-05-11 10:26:54] jjhiijiji : months even
[2024-05-11 10:27:31] bnqxbt : I think we might have a weird very soon after halving pump, not seen before, because of the etf's and new things. but we will stagnate over the summer, and have an alt market
[2024-05-11 10:27:58] bnqxbt : btc continues to rise later in fall or early winter
[2024-05-11 10:28:08] bnqxbt : new ath eoy
[2024-05-11 10:28:11] jjhiijiji : i think its more likely the pump coincides with a clear path to QE right now its delayed till end of year or earlty next year
[2024-05-11 10:28:21] jjhiijiji : if we didnt have bad data it would have been this summer
[2024-05-11 10:28:41] bnqxbt : I think we see 120k for summer, and a new consolidation
[2024-05-11 10:28:52] bnqxbt : 200k before eoy
[2024-05-11 10:29:05] jjhiijiji : thats way too optimistic for me
[2024-05-11 10:29:20] jjhiijiji : i dont see us going anywhere near that
[2024-05-11 10:29:22] bnqxbt : it could be, but the price kinda has to reach 500k before end of 2025
[2024-05-11 10:29:27] jjhiijiji : whaaaat
[2024-05-11 10:29:31] bnqxbt : yeh
[2024-05-11 10:29:34] jjhiijiji : ok now you lost me completely
[2024-05-11 10:29:42] jjhiijiji : well just agree to disagree here
[2024-05-11 10:29:46] doublecheese : bnqxbt: how low do you think we can go?
[2024-05-11 10:29:52] bnqxbt : low?
[2024-05-11 10:30:00] bnqxbt : after 120k+
[2024-05-11 10:30:05] bnqxbt : 80?
[2024-05-11 10:30:09] doublecheese : bnqxbt: yeah it's not like we will pump tomorrow.
[2024-05-11 10:30:18] jjhiijiji : no he means to ask how low before pump
[2024-05-11 10:30:24] doublecheese : This retracement isn't done yet.
[2024-05-11 10:30:39] bnqxbt : now the bottom is here I think, it is possible they market scam a wick down to even low 50k
[2024-05-11 10:30:42] bnqxbt : but that is noise
[2024-05-11 10:30:51] jjhiijiji : doublecheese: if this retracement isnt done yet why didnt you short
[2024-05-11 10:30:52] jjhiijiji : WHY
[2024-05-11 10:31:07] bnqxbt : doublecheese: indicators say otherwise
[2024-05-11 10:31:16] bnqxbt : bears are exhausted
[2024-05-11 10:31:29] bnqxbt : they can have one more fast push but, I don't see much there
[2024-05-11 10:31:42] doublecheese : jjhiijiji: because I don't like shorting, in particular during bull markets. Shorting has not infinite potential, longing has.
[2024-05-11 10:31:43] bnqxbt : anything is possible tho
[2024-05-11 10:32:05] Gandalf the Grey : 73k longers fucked though
[2024-05-11 10:32:23] "it will be........" : Gandalf the Grey: kurwa
[2024-05-11 10:32:28] doublecheese : Gandalf the Grey: Only if they closed.
[2024-05-11 10:32:30] Gandalf the Grey : BOBEEER
[2024-05-11 10:32:37] bnqxbt : Gandalf the Grey: that lasted 1day
[2024-05-11 10:32:47] bnqxbt : if you succeeded longing there, haha
[2024-05-11 10:32:58] jjhiijiji : didnt owl long there or smth
[2024-05-11 10:33:02] jjhiijiji : but i think he closed
[2024-05-11 10:33:20] bnqxbt : second touch was just below no
[2024-05-11 10:33:29] bnqxbt : it had to be the first ath pump
[2024-05-11 10:38:47] bnqxbt : SOL looking like a buy
[2024-05-11 10:39:11] doublecheese : bnqxbt: anyway top will be 150k in my opinion. 500k out of reach considering diminishing returns.
[2024-05-11 10:39:49] "it will be........" : fundamentals dont determine some arbitrary target
[2024-05-11 10:41:49] jjhiijiji : yes, they dont
[2024-05-11 10:41:55] jjhiijiji : they can just give you a general trend
[2024-05-11 10:42:13] bnqxbt : technical analysis gives you targets, not fundamentals, alone..
[2024-05-11 10:42:15] jjhiijiji : a :likely: trend
[2024-05-11 10:42:35] bnqxbt : fundamentals, are very subjective and added when wanted
[2024-05-11 10:42:45] bnqxbt : hence news are absolute garbage to trade
[2024-05-11 10:43:34] bnqxbt : diminishing returns yes, in terms of % and X, but, it doesn't mean it will not hit 500k,
[2024-05-11 10:43:48] bnqxbt : 500k is still diminishind returns, so is 1mil
[2024-05-11 10:43:59] bnqxbt : compared to the early days
[2024-05-11 10:44:08] bnqxbt : people don't understand that
[2024-05-11 10:44:30] bnqxbt : I laugh at people who think this bull cycle before next halving the top is 150k or 200k
[2024-05-11 10:45:25] bnqxbt : this time it's not going to be different, so, anything between 500k to over 1m is where we go... nobody knows...
[2024-05-11 10:45:29] jjhiijiji : bnqxbt: fundamentals are not subjective
[2024-05-11 10:45:32] "it will be........" : this is bitcoin, fundamentals will trump technical targets even tho I have them
[2024-05-11 10:45:44] jjhiijiji : fundamentals trump TA in anything not just btc
[2024-05-11 10:45:51] ilPanino : I dont think i have seen anyone disagreeing wether IF it will hit 200k or 1M, except trollbox trolls, what people disagrees on is the timeframe of when.
[2024-05-11 10:45:54] "it will be........" : true true
[2024-05-11 10:46:04] bnqxbt : this happend because of this
[2024-05-11 10:46:06] jjhiijiji : fundamentals is equivalent to a scientific approach while TA is equivalent to astrology
[2024-05-11 10:46:07] ilPanino : and what will happen inbetween now and then.
[2024-05-11 10:46:10] bnqxbt : it's 99% a lie
[2024-05-11 10:46:35] bnqxbt : fundamentals, is because of war this happens, because covid, this happens... bla bla
[2024-05-11 10:46:39] jjhiijiji : dude
[2024-05-11 10:46:40] bnqxbt : still TA trumped on both
[2024-05-11 10:46:43] jjhiijiji : covid caused a massive DUMP
[2024-05-11 10:46:47] jjhiijiji : if you didnt notice
[2024-05-11 10:46:51] jjhiijiji : in the major indeces
[2024-05-11 10:46:52] bnqxbt : it did, but it was still inside the TA
[2024-05-11 10:46:56] jjhiijiji : aaah fck off
[2024-05-11 10:46:58] jjhiijiji : what bs
[2024-05-11 10:47:06] jjhiijiji : the reason for the dump
[2024-05-11 10:47:10] bnqxbt : it never went under the 1
[2024-05-11 10:47:13] jjhiijiji : was supply chains were severely disrupted
[2024-05-11 10:47:14] bnqxbt : or 0
[2024-05-11 10:47:18] jjhiijiji : buying dropped
[2024-05-11 10:47:20] jjhiijiji : panic ensued
[2024-05-11 10:47:30] jjhiijiji : all easy fundamental reasons
[2024-05-11 10:47:31] jjhiijiji : not TA
[2024-05-11 10:47:36] bnqxbt : yes, panic selling is always part of TA
[2024-05-11 10:47:38] jjhiijiji : u can find a way to make TA fit the drop
[2024-05-11 10:47:39] "it will be........" : jjhiijiji: it started with the plus token china scam, that was the catalyst
[2024-05-11 10:47:50] bnqxbt : like rn
[2024-05-11 10:47:58] jjhiijiji : damn dude i started to think bnq was giving out some smart points till he said ths sh!t now im completely put off
[2024-05-11 10:48:04] bnqxbt : it could trigger when ever, and someone will go and find a fundamental reason for it
[2024-05-11 10:48:13] jjhiijiji : dude
[2024-05-11 10:48:18] jjhiijiji : its ALWAYS a fundamental reason
[2024-05-11 10:48:27] bnqxbt : chicken or the egg
[2024-05-11 10:48:29] jjhiijiji : no
[2024-05-11 10:48:30] "it will be........" : but in saying that, there were a couple technical traders who called the exact bottom from 10k, steves being one. its the truth
[2024-05-11 10:48:31] jjhiijiji : its not chicken or egg
[2024-05-11 10:48:35] jjhiijiji : covid caused a dump
[2024-05-11 10:48:37] jjhiijiji : dump didnt cause covid
[2024-05-11 10:48:41] bnqxbt : I don't care, if israel launches a missile
[2024-05-11 10:48:41] jjhiijiji : thats fckin easy
[2024-05-11 10:49:07] bnqxbt : I look at TA, and fundamentals, like ETF's and supply shock, are real
[2024-05-11 10:49:17] bnqxbt : other stuff, like trump winning no
[2024-05-11 10:49:21] bnqxbt : nothing
[2024-05-11 10:49:27] bnqxbt : just news and bs
[2024-05-11 10:49:28] jjhiijiji : fundamentals are the realest yo ucan get
[2024-05-11 10:49:42] bnqxbt : fundamentals, are as bad as emotions
[2024-05-11 10:49:52] bnqxbt : but emotions are seen on chart, so you can TA them
[2024-05-11 10:49:58] jjhiijiji : so next time a global pandemic ensues
[2024-05-11 10:50:01] jjhiijiji : if ur TA says no dump coming
[2024-05-11 10:50:02] jjhiijiji : dont short
[2024-05-11 10:50:04] jjhiijiji : lets see who wins
[2024-05-11 10:50:31] bnqxbt : rn, bottom is in, but we can safely drop to 30k, and bull cycle is intact TA wise
[2024-05-11 10:50:33] jjhiijiji : damn man i saw a glimpse of smart in you
[2024-05-11 10:50:38] jjhiijiji : now its gone
[2024-05-11 10:50:55] bnqxbt : it's always a trigger point for people who argue for fundamentals
[2024-05-11 10:50:56] jjhiijiji : im off for food and shower
[2024-05-11 10:50:59] bnqxbt : like politics
[2024-05-11 10:51:03] "it will be........" : jjhiijiji: lol
[2024-05-11 10:51:22] bnqxbt : I think we can agree that not EVERYTHING is a fundamental thing
[2024-05-11 10:51:55] bnqxbt : supply shock is. fiat going to shet is also a thing, etf's are a thing, yes fundamentals are good to trade, but not everything is as most fundamentalist say
[2024-05-11 10:52:06] "it will be........" : they are not mutually exclusive
[2024-05-11 10:52:25] "it will be........" : like rn, there's TA that shows why we're going up. there's also fundamentals to explain why too
[2024-05-11 10:52:28] bnqxbt : trading only fundamentals is like reading stars and trading the wind
[2024-05-11 10:52:49] "it will be........" : going up on overall tf, not lower lel
[2024-05-11 10:52:51] bnqxbt : it's raw TA, patterns, algorithms, emotion turned into numbers etc
[2024-05-11 10:53:18] bnqxbt : squeeze here, ketchup comes out there
[2024-05-11 10:53:22] bnqxbt : TA, not fundamentals
[2024-05-11 10:53:35] bnqxbt : but I think people understand this wrong
[2024-05-11 10:53:52] bnqxbt : mix TA for being a fundamental thing
[2024-05-11 10:54:09] bnqxbt : fundamentally, BTC ALWAYS GOES UP
[2024-05-11 10:54:20] bnqxbt : TA is what happens inbetween that
[2024-05-11 10:55:21] bnqxbt : if RSI is over 90 for 3 days, it's most likely we drop next, not because Trump said drink chloride
[2024-05-11 10:55:41] ilPanino : Tell that to everyone that bought 64k that it always goes up, lol.
[2024-05-11 10:55:48] ilPanino : Brainwashing continues.
[2024-05-11 10:56:11] ilPanino : So much stupid nonsense in a few lines.
[2024-05-11 10:56:52] ilPanino : It will probably go back up, but no, it does not _always_ go up.
[2024-05-11 10:57:10] ilPanino : thats naive thinking, pure brainwashing syndrome.
[2024-05-11 10:57:26] ilPanino : it is that dream people are buying into.
[2024-05-11 10:57:49] ilPanino : why shorting between the times is so profitable, because of the pure _fact_ that it also goes down.
[2024-05-11 10:58:31] ilPanino : I am generally bullish on Bitcoin, but i do not live in a fantasy world.
[2024-05-11 10:58:44] bnqxbt : fundamentally because btc always tredns up, and always goes up, it will not break that, so you have to use TA to see where it goes. and what it CAN do, if so was to happen, we never know what miners want, or big whales, or MM, or if there is a freak Covid, but the line where the market bounces as it's not fundamentally going lower, ever, it will bounce.
[2024-05-11 10:59:05] ilPanino : Sure, so 60k is not lower than 74k then?
[2024-05-11 10:59:09] ilPanino : This is delusions.
[2024-05-11 10:59:25] ilPanino : So it did not go lower than 74k?
[2024-05-11 10:59:32] ilPanino : We are still at 74k?
[2024-05-11 10:59:58] ilPanino : Nonsense, if of course it has gone _down_ from 74k.
[2024-05-11 11:01:28] bnqxbt : "it will be........": circumstantial fundamental reasons for something going up or down, is stupid, and looked for afterwards..
[2024-05-11 11:01:37] bnqxbt : TA is before
[2024-05-11 11:01:55] bnqxbt : etf's, supply shock, are fundamentals before
[2024-05-11 11:02:07] bnqxbt : so there is that difference, how it's supposed to be used
[2024-05-11 11:02:24] bnqxbt : not, look this happend, that's why this drop came.
[2024-05-11 11:02:44] bnqxbt : dead fish in the river tactic
[2024-05-11 11:03:04] ilPanino : Look at it drop _lower_ as bnqbot is here trying to brainwash people with nonsence.
[2024-05-11 11:03:13] ilPanino : nonsense*
[2024-05-11 11:03:15] "it will be........" : ilPanino: lol
[2024-05-11 11:03:22] "it will be........" : he talks as if people are dumb
[2024-05-11 11:03:33] ilPanino : I rarely read so much crap as he writes.
[2024-05-11 11:03:46] ilPanino : He trades from mommys basement, living in the dream he will be rich.
[2024-05-11 11:03:52] ilPanino : trying to get others to pump his bags.
[2024-05-11 11:03:56] bnqxbt : me? people are
[2024-05-11 11:03:56] ilPanino : nothing more, nothing less.
[2024-05-11 11:04:04] bnqxbt : very dumb
[2024-05-11 11:04:19] "it will be........" : yes many are, but not all, get what im saying
[2024-05-11 11:04:25] bnqxbt : not everyone
[2024-05-11 11:04:34] bnqxbt : it hits to whoever needs it
[2024-05-11 11:04:45] "it will be........" : ok
[2024-05-11 11:04:52] bluemaster : looks so bearish I have to buy more 😜
[2024-05-11 11:05:06] bnqxbt : bluemaster knows
[2024-05-11 11:05:07] ilPanino : zero sum game, humbles everyone sooner or later.
[2024-05-11 11:05:47] ilPanino : yeah, this will pump back to way higher, but it does not _always_ go up. This is on opportunity to load up with more.
[2024-05-11 11:06:19] ilPanino : Blindly saying it will _always_ go up, and that it is not _lower_ than 74k is ignorance, pure nonsense.
[2024-05-11 11:06:26] bluemaster : bnqxbt: I expect we are not going under 30k ...anything between 30k and here I am slowly loading ... al that will be dumped on FOMO players over 774k
[2024-05-11 11:06:30] bluemaster : 74 k
[2024-05-11 11:06:56] bluemaster : 😁
[2024-05-11 11:07:00] "it will be........" : that I agree with ^ at last from how things look currently
[2024-05-11 11:07:07] "it will be........" : least*
[2024-05-11 11:08:37] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 1200 USD @ 60624.5
[2024-05-11 11:08:44] contract details : 👀
[2024-05-11 11:09:15] ilPanino : uh oh, bnqbot brought the dump again, its unreal.
[2024-05-11 11:09:25] jjhiijiji : i understand why bnq doesnt look at fundamentals
[2024-05-11 11:09:28] jjhiijiji : cause he doesnt know what they are
[2024-05-11 11:09:55] bluemaster : /position xbtk24 this poo pooy contract will expire anyway in 20 days , no liquidity at all ``` :bitmex: XBTK24: 128,300 USD @ 69583.6117 ```
[2024-05-11 11:09:56] mr lonely : only up
[2024-05-11 11:09:57] ilPanino : He is literally the most ignorant person in here.
[2024-05-11 11:10:13] ilPanino : Feeding the dream of infinite riches.
[2024-05-11 11:10:25] bnqxbt : jjhiijiji: like I said, they are for most people subjective
[2024-05-11 11:10:34] bnqxbt : what are your subjective fundamentals
[2024-05-11 11:10:39] bnqxbt : list 3
[2024-05-11 11:10:41] mr lonely : only up
[2024-05-11 11:11:40] jjhiijiji : bnqxbt: if you think fundamentals are subjective
[2024-05-11 11:11:42] jjhiijiji : u have no idea what they are
[2024-05-11 11:11:45] bnqxbt : for me, I only have 3, btc will always trade higher, etf's accelerate adoption, halving chokes the supply as demand grows.
[2024-05-11 11:12:12] bnqxbt : thos things are not on the chart, they are ideas that make btc stronger in it's PA
[2024-05-11 11:12:23] bnqxbt : hence fundamentals
[2024-05-11 11:12:26] jjhiijiji : no clue
[2024-05-11 11:12:49] ilPanino : Someone that been in this market for "so long" only has 3 btc?
[2024-05-11 11:13:01] bnqxbt : people have tried to pin btc to DXY, S&P, wars, oil... corn...
[2024-05-11 11:13:05] ilPanino : Thats some funny stuff right there.
[2024-05-11 11:13:09] bnqxbt : elections
[2024-05-11 11:13:12] bnqxbt : like wtf
[2024-05-11 11:13:22] jjhiijiji : thats because yo udont understand how these are correlated
[2024-05-11 11:13:23] bnqxbt : better luck with tarot cards
[2024-05-11 11:13:27] jjhiijiji : baah
[2024-05-11 11:13:34] jjhiijiji : fckin idiot i thought he might be a little smart but hes like 20 IQ this one
[2024-05-11 11:13:52] doublecheese : Truth is, nobody really knows the future. Only sure thing is bitcoin will always go up in the long run, but nobody knows how and when.
[2024-05-11 11:14:01] bnqxbt : it's amazing, until. aaaawh, it decoupled, AGAIN
[2024-05-11 11:14:25] ilPanino : doublecheese: if you think it will go down sir, you can short it to profit from to fall.
[2024-05-11 11:14:28] jjhiijiji : u mentioned covid its the perfect example. TA has its utility and while things were fine, you could have utilized it within the trend. onec fundamentals chanaged because of covid, no TA would have forseen not prevented that dump from happening
[2024-05-11 11:14:43] bnqxbt : the only thing they have in common is m2
[2024-05-11 11:15:06] ilPanino : doublecheese: This dump from 65k is brought to you from bnqbot.
[2024-05-11 11:15:08] bnqxbt : jjhiijiji: when covid, hit I was the most happy, I bought as much as I could during the drop
[2024-05-11 11:15:21] doublecheese : ilPanino: No thank you, I will try to buy cheap instead.
[2024-05-11 11:15:25] bnqxbt : it was TA wie already dropping, it just waterfalled, and it was blamed on covid
[2024-05-11 11:15:28] ilPanino : doublecheese: Always short when he shows up. It is a 100% indicator.
[2024-05-11 11:15:48] bnqxbt : it was 70% TA, and covid made people emotional, and they sold at loss, idiots
[2024-05-11 11:15:50] ilPanino : bnqbot is the best short indicator there is, he always shows up at the tops.
[2024-05-11 11:15:58] bnqxbt : amazing
[2024-05-11 11:16:20] bnqxbt : at the time, people thought fundamentals, had it going to 0
[2024-05-11 11:16:28] bnqxbt : :arthur:
[2024-05-11 11:16:35] bnqxbt : TA betch
[2024-05-11 11:16:39] doublecheese : ilPanino: this may be a possible bottom though.
[2024-05-11 11:16:51] ilPanino : doublecheese: not as long as bnqbot is around sir.
[2024-05-11 11:17:10] "it will be........" : kid confirmed lol
[2024-05-11 11:17:20] ilPanino : doublecheese: He owns 3 btc so he is never wrong. :)
[2024-05-11 11:17:21] bnqxbt : only people who lost money on the drop during covid, blame it on covid, others were expecting it, and profited
[2024-05-11 11:17:21] jjhiijiji : bnqxbt: no.. just no
[2024-05-11 11:17:28] jjhiijiji : this just shows me you really have 0 clue about fundamentals
[2024-05-11 11:17:31] jjhiijiji : literally like 0 clue
[2024-05-11 11:17:37] jjhiijiji : thats why you focus on TA
[2024-05-11 11:17:57] rxr : nuke it
[2024-05-11 11:18:11] jjhiijiji : its good to combine both TA and fundamentals
[2024-05-11 11:18:19] jjhiijiji : but 99% of people here disreguard fundamentals which are more important
[2024-05-11 11:18:23] jjhiijiji : and think TA is like magic
[2024-05-11 11:18:28] bnqxbt : jjhiijiji: you say that, but have no examples
[2024-05-11 11:18:29] doublecheese : ilPanino: he is top 1% owning 3btc though. i will never even get to 0.1.
[2024-05-11 11:18:35] jjhiijiji : and the reality is they have 0 fckin clue what fundamentals are
[2024-05-11 11:18:43] jjhiijiji : they just know words like oil and elections
[2024-05-11 11:18:50] "it will be........" : lol
[2024-05-11 11:19:06] ilPanino : jjhiijiji: I am a pure TA trader though, i dont look at fundamentals at all when doing my decisions, i only base my trades on as close to realtime data as possible.
[2024-05-11 11:19:20] "it will be........" : jjhiijiji: was trying to tell this guy, it doesnt have to be one or the other. still doesnt get it. im done haha