/biz/ - Business & Finance

>>24490048
we're going back to 12k

>>24487548
Yes.

>>24086741
Yep most likely. But nobody knows if it'll dump from 19k to 10k, or whether it'll keep on pumping to 25k and then dump to 14k or something. We all know a massive dump is coming to shake out the weak hands, don't try to time it, adjust your time horizon accordingly.

Here is last cycle right after BTC broke a new ATH

>>24085123
This, see >>24085113 circle is where we are right now. Once we hit ATH we'll see a massive dump to shake out all the weak hands, before continuing up.

Just like the last time
And the time before that
And the time before that

>>24010023
Yes.

Everybody knows a massive dump is coming. But nobody knows if it's gonna dump from 18k down to 10k, or whether it'll keep on blasting to 25k and then dump to 14k before continuing upwards

>>23995734
Be prepared for it to dump 40% before continuing up though, just like every other time

>>23909537
It'll get up to 20k again and then immediately dump 50% to wash out all the weak hands, before continuing back up.

Just like last time
And the time before that
And the time before that

>>23762255
In a few years the ups and downs on that chart won't even register

>>23767418
>BTC will at most 2x from here
That's what people thought last time.

And the time before that.

And the time before that.

No, not saying it'll go on forever. But...

>>22521199
Yes, number go up. But be prepared to go through huge drawdowns along the way, even 50%.

Has happened before every single halving cycle

>>18916974
Are you retarded

>>17194177
Unironically this. It will dump hard, like -40% once it passes ATH again. Just like last time. And then it will continue going up. Just like last time.

>>16620970
>And a speculative bump as we near May. and then a pullback.
Yup, just like last time once it gets back up to the previous ATH of 20k we'll probably see a significant -40-50% dump very soon after, before the golden reversal.

>>16220234
And then just as it passes the previous ATH it dumps again, hard. Like -40-50%. Keep holding

>>16081823
it will not break through 20k like that see pic related
there will be a massive sell off at 20k (for a number of reasons) and we will see retracement until the next leg up

>>15824132
Also remember that when it does hit 20k again, it will immediately collapse -40% down to 12-13k or so, just like last time we reached the 1.1k ATH for a second time. This happens because:
1) Near 20k was the entrypoint for a lot of 2017 suckers
2) Dummies who invested more than they could afford to lose will need to sell because,
3) This timeframe is also when the upcoming global recession will kick into gear

You will see euphoria when it rallies up to 19-22k, then when the bottom drops out and people "lose" half their money everyone will FUD the shit out of it, just like in 2016. Keep holding.

>>15752414
How would it EVER be seen as a stock?

BTC will likely be near ATH 20k by the time this upcoming global recession manifests. At first it will dump with the rest of the global market, for two reasons.
1) It's breakeven point for many people who got in during the 2017 bullrun
2) People who stupidly invested more than they can afford will need to sell in order to pay their debts as the market crashes and unemployment rises

It's just like when it reached the previous ATH of 1100 for a second time in Jan 2017, then immediately dumped back down to 700. Once it reaches 20k again we'll see a similar 30-40% retraction down to 13k or so. That's when the bullrun starts