/biz/ - Business & Finance

it's actually over. if you aren't selling and placing ladder-in buys starting at $25k you are an actual fucking moron. imagine holding through a ~50% correction for no good reason.

Yes, we're almost certainly going down more from here. Trad markets are going to contribute to that. How low exactly, however, is anyone's guess. But traders and impatient holders should be wary, because June prices will likely be double today's. And the blow-off top in late Summer/early Autumn will be at least double that.

Don't worry bulls, just 1164 days until the next halvening! See you then!

this is so fucked. how can anyone look at this and think it's a "healthy correction" still? the velocity is far worse than the december 2017 blow off top, rivaling the march covid dump at this point. this isn't normal.

>golden cross?
dump
>bullish divergence on the daily?
dump
>small pump into textbook bull flag?
big dump
>descending wedge?
continue the dump

why does it seem that every bullish formation is bearish when it comes to crypto and, in particular, bitcoin? what a fucking scam.

We're heading to ~7000 before end of June. That's the higher-low bottom and will establish a firm ascending trendline support for the approximately 1 year long bullrun that follows. Expect a top between June and October of 2021. A bear market that makes 2018-2020 look tame will follow.

There will be many shakeouts along the way, and many traps, both for bulls and bears. Do what you will with this information.

200 Weekly MA about to break.

If whale manipulation is truly real, they better manipulate it upwards because the bull case for BTC is about to be 100% invalidated, and likely permanently.

Hi, I would like to refund my BTC for the price I originally paid for it (about $13500). Is there a customer support hotline I can call? I'm having trouble locating the Bitcoin company website. Thanks in advance.

Anyone telling you this is "just a correction" or that we're still going to 16k or anything similar is either a) lying, likely because they have bags to sell, or b) deluded beyond saving. This is NOT "just a correction," and the price action we've seen is NOT "normal for a bullmarket" or "good for Bitcoin." This latest dump has cemented this, and the time for a bounce is now long past. We have broken through multiple support levels and pierced the trendline from the beginning of the rally in March. Tether manipulation is coming to a close, and there is nothing but FUD on the horizon (NYAG, Iran, Trump, Bakkt and more).

Get out now. People will come in this thread and say stupid shit like "post short" or whatever - I don't gamble. I did sell days ago and am glad I did. /biz/ shilled me on LINK and a few other moonshots so now I'm returning the favor.

Sub-9k EOW
Sub-8k within the first two weeks of August
If we bounce from there there is a chance this rally was/is real. If we don't, we will make a lower low (sub-3k) before the next rally attempt, if there ever is one

Hey everyone!

I recently purchased BITCOIN on COINBASE at the urging of my son-in-law. He also directed me to this website, which, I understand, contains information regarding BITCOIN and projections of its future price movement. As an initial matter, I have a few questions which I hope you fine folks can answer:

1. I assume there are certain laws in place that prevent BITCOIN from depreciating in value at too rapidly a pace. Can someone please link those to me?
2. How many BITCOIN are printed each year?
3. Can someone link me to BITCOIN's official corporate website?

Thank you in advance!

>still dumping
It's over. The "bonce" has been rejected. Return to sub-7k imminent, with a very likely end target of 6.6k or so in the near future.

Everyone here thinks the "bubble" that is now popping can be understood as the 2017 run-up to ~20k. That's why everyone here keeps believing each dump brings us to at or near the bottom and are then shocked when time and time again those "bottoms" are violated. We're below the cost of mining, we're below the historical log trend, etc., etc. Every support is breaking and people here keep scratching their heads.

NEWSFLASH: What we are witnessing is in fact the catastrophic end of a macro, multi-year bullrun that started not in early 2017 but in 2008 with BTC's very creation. BTC, and crypto in general, has not seen ANY appreciable adoption and has NO relevant real-world use cases; and all price gain over the last ten years has been the result of speculative hopium, an unfounded belief that one day, maybe, these things would arrive. Well, it's now 2018 and finally, FINALLY the world has realized that they won't and never will.

Expect a return to triple digit BTC by EOY and, at some point in 2019, a return to double digit BTC. There won't be a bounce. We will never see the prices we are seeing today again, let alone a new ATH. In 10 years people won't even remember that coins like XLM, ETH, EOS, NEO, etc. ever EXISTED, and BTC will be talked about in the same way that Beanie Babies and Pets.com are now.

Down we go again. Will the bears EVER be wrong?

How many of these do I ACTUALLY, UNIRONICALLY need in order to /make it/ by this time next year? I can't wagecuck much longer, anons.

What is taking so long for this to dump again? Is this the bottom or not?

No bounce in sight. We're about to invalidate the "hard support" at $5800-$6000 established during the strong bounce back in February. If that happens there is no end in sight to how low this will go.

>Refuses to break $6600

>Dumps on you
>Dumps again
nothing personnel, kid...

Tell me, /biz/, are there any among you who are unironically accumulating this, or any other coin, given current market conditions? If not, are you waiting for a specific "bottom"? Or have you, like so many others, abandoned the space?

T/F: The best one can expect EOY for this coin is 2x-3x current prices. Therefore, one can no longer /make it/ solely by holding BTC.

Last chance to save this shit prior just evaporated with us falling out of the ascending triangle. Very likely we recharge here for a short while longer before continuing below $8000 and, eventually, out the bottom of the falling wedge we're in. After that it's a free fall...

Satoshi reveals "him"self to be a 62 year old strong and independent black woman from Philly who needs no man and vehemently believes OJ was innocent. How does the world react?

You can only post in this thread if you absolutely, positively, UNIRONICALLY fucking KNOW that BTC will break $10,000 by EOM.