/biz/ - Business & Finance

>>697010

whoever made this picture deserves a fucking firm handshake. This is what the ichimoku indicator looked like the first time i saw it.

>>599937

If you're a good trader you can always short them, though whether this will make you rich is another question.

If you believe in the technology's future you can buy and hold them for a few years, for now it looks like the floor is in around $300 though I'm inclined to see us test below that once more.

Alternatively consider investing in some promising Bitcoin startups. Some are certainly just peddling snake oil, but there are certainly the good ones out their like Bitpay and Coinbase. The blockchain technology underlying crypto is here to stay despite what naysayers may say about BTC itself. Perhaps in 10 years it wont' bet Buttcoin that's the crypto that's used widely in the world, but the great thing about these startups is that their infrastructure is applicable for any crypto out there.

Why am I bullish longterm on Crypto?
>Dell
>Dish
>Microsoft

Major companies like that aren't just going to fool around with an alternative currency that will disappear in a year. That they will accept it (even if 90% converts straight back to USD) is a major vote of confidence in the technology itself.

>>413473

As an A+ technical analyst, I can state that OP's pic is shit and should look something much more like pic related.

wow you guys are such good trolls :^)

>>365437
no. shut the fuck up

>>365797
I think you just gave me brain cancer

technical "analysis" is a joke

m-muh technical indicators say that we're going to see a big rally after this fibonacci series completes which will followed by profit taking once it reaches the price levels we had back in December. Also, I'm a fucking idiot and have no idea what I'm doing :DDDDDD

My charts tell me we're about to see some major moves in bitcoin this year

>>278490
The miners haven't abandoned the coin at all, the net hashrate is pretty huge

Here's a chart with my technical analysis findings. I think you guys will be shocked at what it suggests.

>>249989

>>201308
Any type of activity is welcome.