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Author Topic: BTC broke bottom of triangle. Deep crash ahead.  (Read 345 times)
kwukduck
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January 30, 2018, 03:35:49 PM
 #1

Yesterday we closed well under the 100 day average.
Today we move even further away from it while breaking through the bottom of the triangle.

We've broken major support and nothing is stopping a deep fall.

Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.

Billions of BTC capital is flowing into blockchain 3.0 technology and people here still believe BTC's blockchain 0.1 Beta tech has a future... lol

Down we go guys,  you've been warned.

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January 30, 2018, 04:17:22 PM
Merited by 1Referee (1), BrewMaster (1), nl247 (1), zlatan07 (1)
 #2

The only thing that's broken is your credibility, and that was already the case back in 2015 my man. The current 'dip' is a perfectly normal market movement within the range it has been operating in for some time now. You can't provide any actual worthwhile arguments regarding the current dip, and for that reason you're making a clown of yourself. On top of that, you are only supposed to show up when we are falling below the most recent bottom, and as long as that isn't the case, you don't have anything to do here. Crawl back under your rock and have fun there in the dark!
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January 30, 2018, 04:27:16 PM
Merited by Bitcoinaire (1)
 #3

Yay kwuks back , that must mean we're nearer the bottom than I thought
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January 30, 2018, 05:31:15 PM
 #4

The only thing that's broken is your credibility, and that was already the case back in 2015 my man. The current 'dip' is a perfectly normal market movement within the range it has been operating in for some time now. You can't provide any actual worthwhile arguments regarding the current dip, and for that reason you're making a clown of yourself. On top of that, you are only supposed to show up when we are falling below the most recent bottom, and as long as that isn't the case, you don't have anything to do here. Crawl back under your rock and have fun there in the dark!

I can just say that I totally agree with you. Peoples can't realize that this temporary fall is absolutely normal because of this they start to panic and of course, they start to exchange bitcoin for cash. They are afraid of losing their money instead of that people should try to realize how Bitcoin market works. I can see that major bitcoin holders look at BTC/USD chart instead of analyzing the market.
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January 30, 2018, 05:37:53 PM
 #5

Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.
Is your CMC is a real one? or you have your own version that bitcoin is the only coin that keeps on falling? Almost everything is in red, FYI.
Down we go guys,  you've been warned.
Warned for what? Again kwuk here we go again, you keep on spreading FUDs to the weak handlers. For how many times you keep on doing this, you are making me want to HODL more of my bitcoin every time you'll give a statement.
Yay kwuks back , that must mean we're nearer the bottom than I thought
When he talks, there's an opposite reaction.

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January 30, 2018, 06:19:16 PM
 #6

Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.
Is your CMC is a real one? or you have your own version that bitcoin is the only coin that keeps on falling? Almost everything is in red, FYI.

Exactly what I wanted to say. He must be looking at some kind of very special version.

Crypto is in a boring position right now if you're looking at the prices. It has been like this for almost a month, there's nothing new, and it's not just BTC at all, like you said, it's the whole market. BTC dominance is roughly the same.
rinus
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January 30, 2018, 06:26:28 PM
 #7

Hey Guys, i am active on the Monero speculation forum and noticed that the duck is active here as well. Don’t believe him, it looks like he wants to create fear everywhere
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January 30, 2018, 07:43:28 PM
 #8

Do you really think a triangle actually influences anything anyway? The price is falling again over fears due to the bitfinex/tether news. it's not because we're passing through some magic triangle. Technical Analysis is only useful given all things remain the same in terms of the market but they never do, news is what shapes opinion.

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January 30, 2018, 08:29:20 PM
 #9

Yesterday we closed well under the 100 day average.
Today we move even further away from it while breaking through the bottom of the triangle.

We've broken major support and nothing is stopping a deep fall.

Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.

Billions of BTC capital is flowing into blockchain 3.0 technology and people here still believe BTC's blockchain 0.1 Beta tech has a future... lol

Down we go guys,  you've been warned.

Seriously. Just stop! You are making people sell and lose their effing money. Every time someone comes with such a statement, the price recover and bounce back pretty quickly. I lost over 5000 euro because I listened to a FUDster like you. Never again.
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January 30, 2018, 08:57:22 PM
 #10

I did not expect what has happened as I have been encouraged some of my friends to hold there coins. I think the current deep is as a result of facebook banning of bitcoin and others cryptocurrency ad! There is also a lot of uncertainty from Asia market and I think this time around bitcoin might touch $8,500.

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January 30, 2018, 09:00:01 PM
 #11

Seriously. Just stop! You are making people sell and lose their effing money. Every time someone comes with such a statement, the price recover and bounce back pretty quickly. I lost over 5000 euro because I listened to a FUDster like you. Never again.

See my twitter link for all the gold and silver live price, updates, news, best buy offers and more..  Wink

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January 30, 2018, 09:02:51 PM
Merited by 1Referee (1), TheQuin (1)
 #12

...
Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.

...

How did you arrive at this conclusion?



Altcoins are heavily correlated to the BTC price.
If you think about it this is entirely predictable, because
most of them don´t even have fiat trading pairs. Therefore
their value in $ decreases if the Bitcoin price decreases, because
they are priced exclusively in BTC.



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slaman29
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January 30, 2018, 09:18:40 PM
 #13

Yesterday we closed well under the 100 day average.
Today we move even further away from it while breaking through the bottom of the triangle.

We've broken major support and nothing is stopping a deep fall.

Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.

Billions of BTC capital is flowing into blockchain 3.0 technology and people here still believe BTC's blockchain 0.1 Beta tech has a future... lol

Down we go guys,  you've been warned.

Second time I've seen this 100-day range being used, so you're also thinking of the 200-day range to be broken next? (100 day has historically already been broken, but never the 200-day yet).

I don't know your charts, alts seem falling at the same rate as BTC in my books. Just as they have since December. I'll add your warning to my growing list of warnings.

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January 30, 2018, 09:19:24 PM
 #14

Yesterday I read a topic which said that bitcoin broke the triangle and would make a move upwards towards $15 000, today there is a new topic with a new graph and now the bitcoin price will go downwards... Looks to me that bitcoin price is difficult to predict lol.

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January 30, 2018, 09:22:58 PM
 #15

It's indeed fairly likely bitcoin could now drop to around $8K to find its new support level. I would not be surprised if that happens.

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January 31, 2018, 02:22:40 AM
 #16

Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.
Is your CMC is a real one? or you have your own version that bitcoin is the only coin that keeps on falling? Almost everything is in red, FYI.

Exactly what I wanted to say. He must be looking at some kind of very special version.

Crypto is in a boring position right now if you're looking at the prices. It has been like this for almost a month, there's nothing new, and it's not just BTC at all, like you said, it's the whole market. BTC dominance is roughly the same.
Looking at price will give you a painful heart and it can cause you into selling. You know what, kwuk is on the proper timing of spreading FUD as the whole market is shaken again. Bitcoin will remain as the king and no matter what kwuk says, this dip will be surpassed and if that happens kwuk will never stop spreading his own wrong TA.
How did you arrive at this conclusion?
Mate he has his own version of CMC.

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January 31, 2018, 02:25:05 AM
 #17

Thanks for the warning, duck, but we already know it will rise to 25k by march.
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January 31, 2018, 12:15:37 PM
 #18

Yay kwuks back , that must mean we're nearer the bottom than I thought
That's one funny way to look at it but like you said, bearish trend for now might be over because kwuckduck here says that deep crash is ahead and he is notorious here for always popping out to spread FUD during times when btc is about to rise.
Yesterday I read a topic which said that bitcoin broke the triangle and would make a move upwards towards $15 000, today there is a new topic with a new graph and now the bitcoin price will go downwards... Looks to me that bitcoin price is difficult to predict lol.
But it becomes easier to predict when this guy pops out.  Grin I said so since he is always like this, posting wrong TA, spreading FUD, And then the opposite of what he posted happens most of the time.

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January 31, 2018, 01:04:53 PM
 #19

Seriously. Just stop! You are making people sell and lose their effing money.

Naah. Calm down. I was going hard against kwukduck in the past as well, but he is just one big troll laughing hard seeing how people here go nuts on him. If you noticed his trend throughout the years, then it's clear that as long as he remains acting like an ultra bear (which in reality he isn't) thinking that Bitcoin will crash and whatnot, the market will keep going up. Seriously, I would start to get worried when kwukduck suddenly turns into a perma bull - that probably would be a good moment to start selling big time. Cheesy

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January 31, 2018, 01:15:51 PM
 #20

I don't see the crash coming guys, we are unable to break the 10,000$ on the way down. it is a very strong support and I think we will not go below it.

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