/biz/ - Business & Finance

>>29807401
"The reasons that led to this event" were literally just the normal cycle of bitcoin. Halfway up every bullrun it dumps. We are halfway up the bullrun right now.
Bitcoin bull-bear cycles literally go on a set timescale that is set by the halving schedules. I could have literally marked this most recent dump on my calendar years ago and pinpointed when it was going to happen and how much it was going to dump.

>>29723147
This dumb has been going on for a couple weeks now. Lol. It's the same dump we get halfway up every bullrun. Every single one. About a year out from every halving it dumps. That's where we are now. Halfway up the bullrun, so we got the normal correction.

It's like bitcoin-nomics 101 honestly. If you weren't a n00b you'd have seen it coming a mile away and known all about it.

>>29713829
46000 is probably the floor for the knife, at least for today, maybe the next couple-few days. After that, IDK. Probably bitcoin will eventually continue it's surge upward until end of the 4th quarter, though based on historical analysis of the trend after the halving cycle.

>pink wojaks for that itsy bitsy dip
zoom out zoom zooms