Lose all your capital fast, with MatTheCat and his TA 101A!

[r0ach]

Where there are margin traders, there are positions that can be shaken out the trade, that simple. And right about now, there are a big fucking glut of margin longs, many of which must be underwater by now.

Except none of them budged even with bullshit artist "Craig Nakamoto" claiming he's going to move 1 million bitcoins.  If that doesn't do it, nothing is gonna cause them to flinch.

[1715016835]

1715016835

[1715016835]

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[1715016835]

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[MatTheCat]

Except none of them budged even with bullshit artist "Craig Nakamoto" claiming he's going to move 1 million bitcoins.  If that doesn't do it, nothing is gonna cause them to flinch.

Now you are sounding desperate.

When you start sounding desperate, you make me want to look even further down the charts for my buy-in targets.

[chesthing]

I don't know fancy chart analysis or terms, but all I can see is the shit can't hold $470 - that's pretty damn obvious at this point. So knowing that, buying any where near it is pretty stupid.

[MatTheCat]

[r0ach]

Mat strikes again with the most useless TA someone can possibly create.  You're using TA from when the price was temporarily dumped to $375 in January due to Mike Hearn then instantly recovered.  What is the purpose of including Mike Hearn data in a current TA chart?  Do you expect Mike Hearn to make a Facebook post to manipulate the market for you so you can get a long in?  Otherwise that data is 100% useless and you need to go back to the drawing board and make a new chart.

Since you're the weakest hands trader on earth, I'm 100% positive you were out of the market when it went from $454 to $460.  Now you're going to wait on the sidelines for days praying for a drop, then it will just explode upward forcing you to FOMO buy.

[MatTheCat]

Mat strikes again with the most useless TA someone can possibly create.  You're using TA from when the price was temporarily dumped to $375 in January due to Mike Hearn then instantly recovered.  What is the purpose of including Mike Hearn data in a current TA chart?  Do you expect Mike Hearn to make a Facebook post to manipulate the market for you so you can get a long in?  Otherwise that data is 100% useless and you need to go back to the drawing board and make a new chart.

Since you're the weakest hands trader on earth, I'm 100% positive you were out of the market when it went from $454 to $460.  Now you're going to wait on the sidelines for days praying for a drop, then it will just explode upward forcing you to FOMO buy.

Sorry to dissappoint you r0ach. But Bitcoin is about to take a bit of a drop from here. I hope for your sake, and for mine since I have a blind buy in at $420, that BTC won't just go and break everyone's hearts and punch right through that very important $420 level, without even giving it a second look.

[MatTheCat]

Bitcoin looking bearish as fuck at the moment. I am still fairly confident of $420 down at the PoC as shown on chart. Would be looking to hunt fresh short trades if/when BTC gets back up to $450.

[MatTheCat]

Whilst I don't necessarily beleive in this trade at this point in time, 'the Davometer' (dual confirmed M or W structure seen in OBV and W%R simultanously) is a very powerful market signal, and not to be simply ignored.

[r0ach]

Another meaningless Mat chart drawing millions of lines from completely arbitrary points that occurred 2 years ago.  When the cost of production of a Bitcoin doubles in 49 days, where is that located on your chart?

[MatTheCat]

Another meaningless Mat chart drawing millions of lines from completely arbitrary points that occurred 2 years ago.  When the cost of production of a Bitcoin doubles in 49 days, where is that located on your chart?

You said that last time, and my downside target from $460, came within $3 of being hit and if anyone took that short trade, then they must surely be sitting on profits by now.

Do you not realise how ridiculous you sound?

BTC looking bearish as fuck by the way. We just had a rainbow cross on Daily Chart, no matter what way you want to look at it:







Still....bagholders will be bagholders I suppose.

[inca]

Bag holders are more than 2x richer than they were for most of 2015.

[r0ach]

Do you not realise how ridiculous you sound?

Still....bagholders will be bagholders I suppose.

I'm not worried about orchestrated shakeout attempts.  As if people actually exist that want to dump Bitcoin 48 days before halving.  This is what makes your charts useless when you know it's just people painting the tape to try and manipulate other actors in the market.  As long as you don't plan to sell while they're doing it, it doesn't matter what temporary scams they attempt.  They're just trying to manipulate BTC down while pumping Ethereum praying they can find someone to dump those useless Ethereum scamcoins on before the halving causes Eth to implode.

When you see such obvious manipulation attempts like this below, that means it's the time to buy.

[MatTheCat]

Do you not realise how ridiculous you sound?

Still....bagholders will be bagholders I suppose.

I'm not worried about orchestrated shakeout attempts.  As if people actually exist that want to dump Bitcoin 48 days before halving.  This is what makes your charts useless when you know it's just people painting the tape to try and manipulate other actors in the market.  As long as you don't plan to sell while they're doing it, it doesn't matter what temporary scams they attempt.  They're just trying to manipulate BTC down while pumping Ethereum praying they can find someone to dump those useless Ethereum scamcoins on before the halving causes Eth to implode.

When you see such obvious manipulation attempts like this below, that means it's the time to buy.

Profits are profits and losses are losses you buffoon.

[MatTheCat]

Looking for structural failure around low $450s for BTC short entry.

[r0ach]

Please short it Mat.  It would not be a proper halving without you getting margin called trying to short the Bitcoin halving.

Which then leads into vomit inducing pump

May you all go broke, and burn in hell...

[glorywhole]

https://i.imgur.com/ps8s36l.jpg

You are a Florida man, aren't you?

[MatTheCat]

Well....totally misjudged that.

Had a short from $452, but exited at $454, literally seconds before big massive pump!

But like every other time I have missed the pump, no fkn way am I chasing that FOMO motherfucking short squeezing space rocket.

[marcus_of_augustus]

Well....totally misjudged that.

Had a short from $453, but exited at $454, literally seconds before big massive pump!

But like every other time I have missed the pump, no fkn way am I chasing that FOMO motherfucking short squeezing space rocket.

lol, this is the best, bar none, thread for the lulz!

[r0ach]

Well....totally misjudged that.

In the trader community that I am part of, NOBODY called this right

I shall let TA tell me when/if 'The Halving' is coming.

[Ted E. Bare]

Halving is less than 45 days from now. When are you going to buy in? At $600?