/biz/ - Business & Finance

bitcoin is deflationary by design. everyone accepts this. yet when the price deflates (as it must, because it is fundamentally worthless), you all panic? explain yourselves.

>that hourly chart
textbook rejection off descending trendline. honestly quite beautiful (if you're a bear). expect a revisit of approximately $8800 in the next couple days. support looked weak last time (and each post-lower high visit has weakened it further), so i wouldn't be surprised if this is the beginning of the end for bulls, at least in the near to mid term.

>>18786608
>first
i closed my position with profit
>second
you're talking too early

>>18424363
>he didn't sold the top

WELL at least i put only 3$ into bitcoin when it was 8900. For the rest, i'm laughing so hard beacause you faggots with major investments won't sell.

Thots started flooding /biz/ again I see. Time to sell fellas

>short open. 5x.
going to bed, will wake up with some fat gains. see you nerds later.

Taking all bets, taking all bets. Predict when the bear flag completes and the next leg down commences. Odds are posted behind me, fellas. May lady luck guide your hand and your wallet.

>>13901878

>>13768644
Actually looks more like 5/12 (today) is the day link dumps hard, lol. Fucking getting annihilated right now.

>>13718255
this but unironically

The top is in and $2k is still on the table.

The dumping won't stop until we've at least fully retraced the April Fool's pump. Long term we'll likely go lower than the previous "bottom." Sell now or cry later, your choice. If you've learned anything from 2018 it should be to actually LISTEN when bears try to help you.

Just sell it

EASY

WE ARE ALL IN THIS TOGETHER DO NOT UNDER ESTIMATE THE POWER OF NEGATIVE THOUGHT!

>>11886954
Sure

Bitcoin will never reach these highs EVER again. I am sure of it. CHEERS to the Golden Bear Run!

You guys do realize this "pump" is simply the byproduct of a tether panic sale, right? People are legit scared that USDT will collapse and are moving to BTC in preparation for a cash-out into fiat. You bulls can't seriously be THIS willingly ignorant of what's going on.

Everything is dumping again, wow
Bulls, are you even trying?

Everything is dumping again, wow
Bulls, are you even trying?

Tell me, /biz/. Why are bears so smart? Why are they always right? And how come the bulls never learn?

Seriously bulls, will you EVER fucking learn? By Sunday altcoins will universally hit lower-lows and BTC will be back to the low $6ks, if not lower.

Honest question, who here bought the fucking top? I want to know what was possibly going through your mind.