/biz/ - Business & Finance

>>53365599 >>53365619 >>53365655 >>53365673 >>53365694 >>53365716 >>53365718 >>53365741 >>53365748 >>53365752 >>53365768 >>53365775 >>53365815 >>53365834 >>53366927 >>53366980 >>53366995 >>53367025 >>53367038 >>53367047 >>53367089 >>53367179 >>53367180 >>53367193 >>53367203 >>53367222 >>53367251 >>53367480 >>53367482 >>53367529 >>53367541 >>53367556 >>53367584 >>53367599 >>53367611 >>53367709 >>53367733 >>53367745 >>53367746 >>53367750 >>53367756 >>53367758 >>53367775 >>53367781 >>53367788 >>53367799 >>53367881 >>53367906 >>53367988 >>53367998 >>53368004 >>53368050 >>53368069 >>53368092 >>53368108 >>53368118 >>53368412 >>53368422 >>53369081 >>53369109 >>53369112 >>53369298 >>53370639 >>53370756 >>53370794 >>53370804 >>53370838 >>53370843 >>53370853 >>53370859 >>53370971 >>53371088 >>53371134 >>53371384 >>53371396 >>53371404 >>53371411 >>53371525 >>53371637 >>53371667 >>53371701 >>53372294 >>53372323 >>53372400 >>53372412 >>53372425 >>53372442 >>53372598
Disregard OP's chart as it's not BTC's own self-established log curve, but manually hand-drawn nonsense which doesn't even respect BTC's candles at all (goes below and through them instead of touching them properly), similar to how the LGBT chart totally disregards the actual BTC candles.

BTC is struggling around the bottom of its logcurve and actually went under it for the first time in Bitcoin's history, which is extraordinarily bearish.

>>53307007
This may come as a shock to you but each bullrun is weaker than the previous and BTC x's less each time and there aren't and won't be any "blowoff" style tops on BTCUSD anymore. BTC isn't going upwards in a straight line. It curves downwards. Bitcoin's self-established logcurve is curved, not a straight line. And now candles are growing under the curve. For the first time in Bitcoin's history. So yes, considering the curving nature of Bitcoin's price action over time and taking the reality of the situation into account, an over 85% fall from the top is absolutely reasonable and completely expected.

>>53260620
Anon...

>>53257315

>>53255004
If you only knew how bogged things really are.