/biz/ - Business & Finance

>>58065645
I just bought 200LINK at 16.45USD.
We're all gonna make it.

>>58026392
>1W
Welcome to /biz/. There are no 1W CME gaps. Nobody ever mentions any 1W CME gaps. The CME gaps are only on the 1D and lower timeframes. And as already pointed out, only the 1D gaps are relevant as it's specifically those which we're referring to when we say CME gaps get filled. And the gaps seen in OP's pic are on the 1D, naturally.

Hi guys. I used to have crypto but sold everything a couple of years ago.
I feel like it's time to buy something now but I don't know what. Is LINK still stinky?
I want to put maybe 2k into something, it's not much but a x5 would make me happy.
I've seen a bunch of shitcoins do a x100 in the past years, does that still happen today?
What are you guys shilling? please make me win a little money again.
LINK? RLC? RSR? LTC? MONERO? FTM?

The recent pump was totally expected as the 1W Stoch RSI was still rising. The only way you could've been surprised by the recent pump was if you hadn't seen the 1W. And the 1W is still rising, as of writing this. It's not totally topped yet. It's at 100-92. So a bit more pumpage is to be expected. Soon the 1W Stoch RSI will be at 100-100 (that means both the blue and orange is at 100 simultaneously) at the same time as the Monthly also is at 100-100. There will not be any major dumpage until both are at 100-100 at the same time.
>inb4 babby goes "BUUUUUUUUUUT OOOOOOOOOOOP the 1W can stay ToOOooOooooOOooOppEd foR WeeEEeeEeeKs! WAAAAH"
Yes. And it may stay topped for a while (probably won't though). That doesn't change the fact there will not be any major dumpage until both the Monthly and Weekly are at 100-100 at the same time. The major dumpage will begin when both the Monthly and Weekly are at 100-100 together. Not in any other situation.

By the way as of writing this, the 1D is only halfway up (when it tops out, the 1W will be at 100-100), so it has some way left to go up during which the price will rise. Conversely the 4H recently topped and just began to fall, which is why we're now seeing some tiny dumpage.

>>57937295
Buying is purchasing. That's when Bitcoin is bought.
Selling is the opposite of purchasing. It's when Bitcoin is sold.
That's the difference between buying and selling.

>>57933333
checked

>>57927920
That's in anticipation of people panic selling their coins to get USDT. It's extremely bearish.

>>57908782
>bank is insolvent
>oh no we have no money pls save me fed
>fed prints enough money to bail out bank
problem?

>>57909317
Yep. 10k has been the primary /biz/ bottom target since early-mid 2021. If you're new to /biz/ then it might interest you to learn that we didn't settle on 10k randomly or without reason. The target has a history and an origin. Our prediction BTC will bottom out at 10k or slightly below 10k goes back to the CME gap at 9600–9700 which manifested in 2020, and to the 9k-10k range being a huge support and resistance area from 2019 to 2020. Those two factors are the prime causes why we said the bottom will be 10k and why we've stuck with that target all this time.

Another reason we went with 10k is that the previous bottom was ~84% from the top, and previously Bitcoin fell 85% and twice 94% and once 76% and once 72% so we used an estimate of 85% and 85% from 64.8k (the top back in April 2021) puts BTC at 9.7k – right at that CME gap, and from 69k the bottom becomes 10k. But some anons even predicted a 10k bottom before the 64.8k top was even in, in the middle of that bullrun: some said things like "BTC will hit 80k and then drop to 10k" or "The top will be 50k and then it'll dump to 10k", which they did due to the aforementioned CME gap and that huge support/resistance area.

>>57906569
ygmi anon

>>57890174
The Stoch RSI back then looked identical to how it looks in that screenshot. The graphics don't change over time. So if you want to see the same chart but "only include data up to october 2020" then simply look at that pic >>57890082 but ignore everything right of Oct 2020 -- which is roughly where the orange or blue starts at the bottom at the left of "2021".

>>57859844
Regarding CME gaps, in addition to that pic, some helpful posts:

>>/biz/thread/57840862#p57841302
Quote:
> Remember, it took ~500 days for the gap at 18k to fill. Took a long time, but it got filled. People said it wouldn't get filled, partly because BTC would have to drop below 20k which supposedly it couldn't do -- that whole "but it can't go below a previous ATH, that's never happened before" idea most people had in their heads. So even in spite of that, the gap still got filled. And what did BTC do before the 18k gap filled? A lot of stuff. First it went to 64.8k. Crashed to 28k or so, then suddenly began gigapumping and hit 69k. So, not only can a lot of time pass but a lot of stuff can happen before a gap gets filled.

> The 3.5k gap might get filled, but it doesn't have to nor does it "need to". It most likely won't get filled, as it's a tiny gap that only exists on the 4H chart. Anons shitpost about it, but nobody takes that gap very seriously. In stark contrast the gaps at 9.7k and 20k are on the 1D chart. Those will both most certainly get filled. The one at 20k is one of the largest gaps in Bitcoin's entire history.

>>/biz/thread/57844856#p57845425
Quote:
> The bottom call of 10k and slightly below goes back to the formation of the CME gap at 9600–9700 in 2020 and to the 9k-10k range being a huge support and resistance area stretching from 2019 to 2020. Those two factors are the reasons why /biz/ said the bottom will be 10k and why we stuck with that target all this time, for over three years now.

>>57855127
100% Benton Resources

>>57847807
thanks for playing

>>57812829
>btc is going up from here
You know the rules. Post your corresponding all-in max leveraged longs.

>>57775603
no

>>57775656
im sorry you can't comprehend actually making and creating things outside of tasks for your jew boss. you are literally the perfect goy

>>57774034
>summoned to court
>closes browser tab

>>57773227
just what i was thiking

You know what you should do now.

>wfh
>do nothing at all

>>57659819
1st chart shows you S&P 500 and BTCUSD at the same time. In it you can see how BTC pumps when S&P 500 pumps after hitting its bottoms and how when S&P 500 dumps BTC also dumps.

2nd chart shows you S&P 500 has topped and is about to dump. So in other words, BTC dumpage incoming.

3rd chart shows you the dominance of USDT, which is basically like an inverse of BTC/crypto. In other worse when USDT goes up in dominance, it means more people are selling their BTC and alts into USDT because the price of BTC and alts are going down. The USDT dominance has now bottomed and will go up from here. So in other words BTC and alts will soon begin to dump (and then keep dumping for quite a while) which will cause people to sell and tether up, and hence the USDT dominance goes up on that chart.

4th chart is just a simple BTCUSD chart with a Pitchfork overlayed (based on the June 2021 bottom and the November 2021 top), showing BTC most likely has topped.

>>57651962
1st chart shows you S&P 500 and BTCUSD at the same time. In it you can see how BTC pumps when S&P 500 pumps after hitting its bottoms and how when S&P 500 dumps BTC also dumps.

2nd chart shows you S&P 500 has topped and is about to dump. So in other words, BTC dumpage incoming.

3rd chart shows you the dominance of USDT, which is basically like an inverse of BTC/crypto. In other worse when USDT goes up in dominance, it means more people are selling their BTC and alts into USDT because the price of BTC and alts are going down. The USDT dominance has now bottomed and will go up from here. So in other words BTC and alts will soon begin to dump (and then keep dumping for quite a while) which will cause people to sell and tether up, and hence the USDT dominance goes up on that chart.

4th chart is just a simple BTCUSD chart with a Pitchfork overlayed (based on the June 2021 bottom), showing BTC most likely has topped.

Tether up.

>>57639829
your 4channel gold, sir