IS IT GOING TO HOLD THIS TIME?????
WTF HAPPENS IF IT DOESNT???
HOLY FUCKING SHIT!!
you know EXACTLY what happens
nah it wont hold, crypto for a long time needed tether for liquidity, but now all the money is coming from the ETF, not using tether
This shit has been holding for 7 fucking years i cant believe i am about to witness it broken!!!
why is this line/chart important?
There is no line, anon.
Everytime bitcoin peaks when it touches the line.
Touch the line - peak bull
Get away fromt he line - bear
It has worked for many years i cant belive is about to be broken
What if the line breaks?
GOLDEN BULLRUN NIGGA. IT MEANS GOLDEN BULLRUN.
I mean I see what you're saying but it looks like that's only true for 1 instance in 2021. It touches the line prior to that multiple times at fantastic times to buy.
this chart is a reaction to the bitcoin price, it does not generate the price itself, this is retarded.
Since everyone knows about the line it will likely just drop right below it to the horizontal support at 3.8
Too many leveraged retards tried to short that line
Nah. It's a overbough/oversold equivalent chart. It work untill it doesn't. When it beaks it BTC goes to the moon because it's no longer swing traders driving up the price but new liquidity.
I DONT KNOW! TETHER ROYAL FUCK UP? GOLDEN BULL RUN? I DONT FUCKNG KNOW NIGGA I AM ASKING THAT
CANT YOU SEE THERE IS A STRAIGHT SUPPORT LINE THAT HAS BEEN PREDICTING THE TOP FOR YEARS???
WHAT THE FUCK IS WRONG WITH YOU?
Move the line up. It's already broken through.
Pierced a bit but not decisively broken nigga. Look at it
Unironically zoom out. This "indicator" has only worked since 2021. It doesn't work in 2019 or earlier. Pardon my oldfaggotry but 2019 feels like literally yesterday. Your chart is shit.
btc eats everything
If you are not amazed by the correlation you are fucking brain dead. It gets so fucking close to the line every time.
What if the line breaks?
fasten your seatbelt, because you will go straight to the moon, nigga.
thinking spot american efts held at coinbase give any fucks about tether
the market changed, old correlations are obviously wrong now
do you just use memelines without thinking?
Maybe obvious for you but not for me. I dont even know how it is possible that his memeline has been working for so long.
There is no hope for you.
really op, truly massive dollars flow into the etfs via an ecosystem that by law is forbidden from touching tether
and you wonder why tether memelines are broken, do we really have to get the crayons out to explain it to you
Classic reverse cup and handle formation. Prepare yourself for an imminent crash. You’ve been warned
Not broken yet you fucking smartass
lol alts dumped to maintain it
Based noticer
So if this breaks below the trendline, what price BTC are we looking at Q4 of 2025 or so? 200k?
you must not know how this works. it rode this line for half of the last bullrun
its a LOCAL top signal
Tether is shown to be the scam everyone already knows it is, and BTC drops to $1500
delet this rn
That line is not correct. It goes a bit lower.
Also if you look at usdt market cap and how it is growing you can make quite remarkable estimations of where the top can be.
where the top can be
What and when do you think the top will be?
da line has to be EXACT
nigga who cares its a support line not a total market liquidation sell everything!!!!! line
First touchdown was 90k, went back to 85k.
Second touchdown was 93k, went back to 88k.
If tether keeps printing 5 billions a week we will keep testing it. But if it slows down the 90k ish range will be a local top, and we will probably go back to close the cme gap at 74k.
cme gap at *78k
Ok, you told us that funny line indicate peak bull.
but what the fuck is this a graph for? what's the pair?
6 months of profit taking opportunity is what I read
90k and holding!
when it breaks, tether implodes. that line is the only thing holding it up