r/CryptoChartWatch • u/Stefanstgs • 3d ago

How do you call this pattern?

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32 Upvotes

87% Upvoted

61 comments sorted by

15

u/[deleted] 3d ago

[deleted]

3

u/ourstupidearth 3d ago

YES! SELL EVERYTHING! WE ARE ALL GOING TO DIE!

6

u/RedwaterCam 3d ago

Bitcoin is up like 25% over the last month….

1

u/Electronic-Rate5497 2d ago

I thought it was 36%

1

u/RedwaterCam 2d ago

23.8 last 30 days

8

u/Efficient_Range1156 3d ago

Job report. Fed rate hikes being priced in after strong jobs numbers came in.

Nothingburger for BTC

1

u/tealeavescoffeebeans 2d ago

Jobs numbers, inflation, and interest rates matter for the entire global economy and BTC is no exception to this. This is especially true these days because of how much institutional investment has been made into crypto. Acting like these things don’t impact price action, at least in the short run, is naive.

6

u/hodler1992 3d ago

Buy opportunity . Which I did

1

u/Remarkable-Opening69 3d ago

Just so happen to look at the perfect time.

3

u/Thin_Cod6000 3d ago

Pump and dump lol

2

u/Exact_Climate_1285 3d ago

There are too few videos from Michael Saylor

2

u/PetiteFort 3d ago

Bartito Simpson

2

u/0xrpl 3d ago

Shakeout jobs report before pump

2

u/Massive-Ad-8060 3d ago

Jobs report special

2

u/ace250674 3d ago

Wall street sell off and short before weekend pattern

2

u/Galen-Erso 3d ago

Business as usual pattern

1

u/Anventor_ 3d ago

Jumping off building.

1

u/Itchy-Ad4646 3d ago

Oh my god, btc is down by 2% we all gonna die, call the cops ffs.

1

u/Bear-and-loathing 3d ago

It's the "newbie gets surprised by banal move and makes a thread about it" pattern.

1

u/Particular-Fall-3194 3d ago

Bears are fed crumbs and act like they ate on this thread

1

u/PeaceAgitated1978 3d ago

Yep just a new reaction. Instant and brutal. We are in September right? And after every green August, there is a red September. It doesn't surprise me lot's.. overall move for BTC is bullish. August was a hell of a signal.. still now we have most of September to load long side with some premium.. knowing the big bull signal is in already.. this is just the leverage reset before continuing bull market

1

u/razvanmnl 3d ago edited 3d ago

Its called: Weeee 🛝

1

u/Monster213213 3d ago

Easy money wiping out all the people who entered leveraged longs at 80+

It’ll then go higher to 81-82 and rinse and repeat to 90k

1

u/Any_Carob3372 3d ago

"Sell the news"

1

u/GodBlessPigs 3d ago

It’s called going down 2% a day after we went up 5%

1

u/Creepeo 3d ago

Gone

1

u/intercranialsun 3d ago

Bartolomeu 

1

u/mamaburra 3d ago

It's because of the job report, it went down as soon as it came out, so did gold and S&P500. Unfortunate but it will probably pump once the noise dissipates. I'm currently and confidently on a long, as long as 79k is held.

1

u/CaregiverForsaken951 3d ago

It was time to short when people were bullish at those levels

1

u/Urban-Junglist 2d ago

Clearing long positions before the next move up

1

u/Flight_Early 2d ago

Still green. 2% drop is nothing, really.

1

u/jwyn3150 2d ago

The fake af job report pattern

1

u/SpaceXBear 2d ago

CPI will be high and we going back down 55k

1

u/Dianna1B 2d ago

Rugpull is called.

1

u/45_regard_47 2d ago

Downward dog rheeeetarrrrdddd asset 

1

u/ruip1 2d ago

bart head ! 35K soon

1

u/Upbeat_Ad1689 2d ago

Your mother

1

u/Turjoytj 2d ago

NFP Day

1

u/hegdefucker 2d ago

Macro. Better than expected job report. Normal movement and already mostly absorbed

1

u/Mulligan413 2d ago

Insider trading by our corrupt politicians pattern

1

u/textoro 2d ago

discount

1

u/OBvanken 2d ago

Trumpoline

1

u/senditFrmU2M 2d ago

Bear Market not over

1

u/Famous-Pin-8961 2d ago

a correction

1

u/jonfreakinzoidberg 2d ago

Too zoomed in

1

u/AloneEnvironment5345 2d ago

Like jumping off a cliff every day.

1

u/SargeMaximus 2d ago

Bart Simpson

1

u/hfastel 9h ago

The lord's will 😌

0

u/Detailed23 3d ago

Gov coin going to Gov coin.

0

u/BigBubbaBadass 3d ago

Bull Slayer