Are we about to go to 65K?

This might be the pump
65K tonight

can someone explain to me why price is going up so fast without any regard for the resistances?

Because there were two resistance zones,
65k
and 70k.

Take note, we're at 65k now. Golden sell zone number 1.

If we break 65k I'm confident we break 70k easily. Too many liquidations there.

AIIIIIIIIIIIIIII

I don't think 65k breaks. At least not right now, the push already failed.

im short here. i want the price to go down.

i didnt think THIS would be the one

I told you dude, look at anons picture:The trend already broke.

it failed because it failed to go past the previous SFP right?

It failed because the low broke
Now the stoplosses are getting triggered which is translating to selling pressure, and bobo is shorting at resistance.

If the price was going up, that low would not have broke, and the high would have been broken.

Because TA is for absolute fucking idiots.

Ok but you're looking at a tiny chart here. There's a decent chance we break 65k by Christmas. I'll just hold calmly like always.

I meaaaan, the same thing happened on the daily. The uptrend broke at the second test of the high

Christmas ain't happening buddies. It's here towards first week of october. If it doesn't happen by now we can all call it quits and enter the bear market atypical to cycles of halving that will ensue. Because this time surely is different.

OHHHHHHHHHHHHHHHHHHH
WHAT NOW BOBO

Silly Mumu

Please tell me that was the top and we can head back to 52k now

It looks like that was the liquidity grab on the 30m candles with that wick, and there's a head and shoulders there too.
We'll know in about 10 to 40 minutes.

coping bobos ITT

Save me bobo!

I get paid tomorrow! I can't buy like this every alt is fucking vertical

Me coping with catching the top multiple times to swing while keeping a nice little position when the crash comes

Bearish structure has yet to be invalidated
Suck it

yes

The more you retards let time pass without breaking 64k the more it becomes support. And we all know what happens when resistance becomes support.
Tick tock.

Yes, I’d advise buying memecoins rn

Tg baseddonaldtrump brump.biz Past project went to $20m

Don’t miss out fsggot jews

Tg baseddonaldtrump brump.biz Past project went to $20m sorry for shitty shill I’m lazy

But yeah, come make some money rrtards

how important is a head and shoulder structure on such a low time frame?

Will this finally be the time it doesn't immediately dump? Swingers have been making out like bandits by selling everytime it crosses 65k because it's always followed by a 2 week dump to below 55k where they can buy back in and wait a month or two

i hope not. i finally shorted for once

inb4 its different this time

The fact that it's not different this time is what will hopefully liquidate you. I hope that serves a lesson for you to zoom out.

newfag here, how to determine resistance zone?

i did zoom out, it seemed like a mid - high time resist

bobo are you watching?

We are about to go 300k in he next few months, you retsrd, I call you that because idiots like you make mistakes

Depends on what you mean by important? It's a predictive pattern, and a head and shoulders is made of smaller head and shoulders.

It really depends on the context. A head and shoulders on the 1 minute could be the end of a 2 week trend. Or it could just be a 0.5% move down.

Mayhaps you should zoom out a bit

there are many ways, some more important than other but personally i like a mix of

naked high time frame horizontals

trends

market structure

fibs

volume profiles

Bobo shit their pants1, trust me

i am.
very close to closing my short if we get a daily close above the previous daily high

Anywhere the price turned red is a resistance zone. The most simple way is looking at previous tops.

Picre

It's the most recent resistance zones.

Lmao
Lower high
Lower high
Lower high
Lower high
And people are bullish?

ehm.... that's a bullish falling wedge sweaty

It will be
When it hits 49k and impulses off that bottom
Until then it’s a dump

I hope not because Bitcoin is fucking garbage.
But it's Clown World so who knows.

alright bears you get to survive for today. I'm going to bed and we're hitting 65K tomorrow.

Those types of patterns rarely play out in a textbook manner, just because of how much leverage is in BTC.

lol no