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Crypto bottoms when we have our next "world event" similar to covid pandemic
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[quote:Anonymous Coward 16242016:MV81Mjc0MzUyXzk4NjA3NTY4X0Y2QUI1RDc1] i'm loving this stablecoin chart you got me turned onto nemo. check this out. -the white arrow on the left was when crypto bottomed in 2018. crypto bottoms when this chart is making a high impulse. -the yellow circle on the rsi on the left left was the prelude to the 2018 bottom happening a month or two later. yellow circle on the right where we are right now does seem similar. yellow circle on the right looks similar to the left circle, at least to me. -the white circle on the macd on the left. notice that the macd made that huuuuge spike up and that was the last pop before bull market started. we have not had a major macd spike up yet this entire bear market. i am thinking we will have this major macd spike before the bear market ends. in my opinion, the left looks very similar to the right. it seems to suggest my theory of one final crash as a possibility. (btw nemo, i used the logarithmic macd, not regular macd. i prefer log macd for comparing old markets to current markets) [imgur]https://imgur.com/a/Rei7Z4O[/imgur] [/quote]
Original Message
15.6k is not the bottom.
Crypto will bottom when we repeat the march 2020 "covid pandemic" market crash. Politicians will use this "emergency" to begin their money printing and cause assets to begin their bullrun.
We are not bottomed yet.
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Original first post below
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Thought I would log in under my account because my last post was as an anonymous coward.
Anyways.
I told you xrp would dump at 1.70 last year down to 50 cents. I was perfectly correct while you all flamed me for months.
I told you 69k was the top for bitcoin and you all flamed me for months.
I told you 48.2k bitcoin would resume the bear market due to a bearish gartley harmonic, along with hidden bearish divergence on the daily RSI, classic bearish divergence on the daily macd, 3day RSI trendline resistance, 400 day moving average resistance and 200 day moving average resistance. I told you this on march 29th the DAY bitcoin hit 48.2k. If you can't tell, i'm fucking proud of this one. Told you bitcoin would come down to 20-24k back then.
And i've told you that we are not bottomed yet. I told you 17.5k was not the bitcoin bottom. I told you multiple times.
This won't bottom until everyone is hopeless.
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