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UnknownUnicorn1121585
Oct 25, 2018 2:17 AM

BTC ponzi ready to make a move and it's down Short

Bitcoin / U.S. dollarBitstamp

Description

Short this ponzi, next target 6250.

Liquidity reach on symmetrical triangle -> bearish

Trade closed: target reached

Comments
CryptoSwindle
Agreed bro, the ponzi that keeps disappointing. Cutting my size in crypto significantly constantly cashing out and going back to forex, stocks and commodities and waiting to buy some quality stocks. Crypto boring scam market, not worth to spend more than 2% money in and that is probably already too much at this point, can take years before it might be interesting. I might buy and hold when novogratz tells he's going to sell his bags at the bottom, maybe in several years.

Max pain to come for bulltards, don't have to mean price only, is usually both price and time. Imagine it trades like gold, yearly returns bleeding that's taking decades to come, that's what happens when idiots hodl, smart money gives a big middle finger to pump their bags. Tty in the server bro :thumbsup:
UnknownUnicorn1121585
@cryptogast33,

Couldn't have said it better myself!

The people will realize this is all a propped up inflated bubble scam that will keep on bursting to its real face value which is closer to the 1k level once the economic collapse happens. No one is going to go to crypto as a safety haven when its already a manipulated joke for a few clowns that control most of the market.
TheGreatBatsby
@cryptogast33, I was talking to someone a last month about how btc is going to trade like gold eventually, i.e. boring as hell. When it finally settles down from the parabolic blow off, and after the bear market actually starts, its normal price range will probably be from $600-1200 every 12-18months.
onehavok
BEAST
AryanRehaan
amazing once again brah
ThumbSkin
I love the type of ponzis where u make out with fat cash!! :)
TheGreatBatsby
@KyleBessoni, All Ponzi's make fat cash in early rounds.
arandon
Correct: 35
Incorrect: 18
Skipped: 6
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