/biz/ - Business & Finance

$66,666 waiting room

>aug 18, sunday, dump
>aug 25, sunday, dump
septembear 4, sunday _____ ?

Markets are suspect, for real, for real.
I could sell now and possibly buy back lower, increasing my share of Bitcoin.
As I am bullish on Bitcoin it would be wise as I would have more Bitcoin.
However I am unsure as to whether my bet that markets going down would be significant to avoid taxes.
Essentially, to sell, I would need Bitcoin to decrease approximately 30% or more.

What are the chances of this, Bears?

>>50596694

Poll time.

>BTC down 70%, most alts down 90%
>multiple (formerly) multi-billion dollar crypto trading firms, yield services and protocols have become insolvent and some are hundreds of millions of dollars in debt
>crypto discussion on mainstream social media is completely dead
>/biz/ is talking about careers
This is what a bottom looks like.

You people realize stocks will pump once market reopens? Prepare your longs accordingly. BTC will be 30k tomorrow, thanks to the combined effort of CZ and SBF.

Big money Wall street whales, Yellen, etc did this, this bear market doesnt seem real. It literally feels like some evil cigar smoking boomers conspired in a dark room to do this because crypto is such a threat.

I don't understand. Why can't they let it pump back to 22k at least? Who the fuck is still selling at this point especially when the 20k support is this strong. I'm starting to think that the sell pressure only comes from inorganic actors, specifically shorters being leveraged way too much and dumping to bring the price down.

Reversals this quickly concern me.