/biz/ - Business & Finance

i have been looking at this the rainbow chart is just stupid.

we are right on track

>>20726836
i also like this one but the math behind it is sort of questionable needs continuous maintenance. this is usually the case with best fit models.

>>19775410
we need an update soon

>>19037717
buy over time instead of timing bottoms. but basically buy every dip while below this blue line

>>18837963

>>18818873
now here is a little help this chart tells you when to buy bitcoin and when not to buy it.
yes buy below the blue line only sell above the blue line if you want.
most of those days where bitcoin performed worse than gold the price was above the power law line.

>>18799093
alts are a mirage especially their market cap. sooner or later bitcoin will be replaced as a technology i think the blockchain will be replaced as technology altogether not for an other decade tho.
bitcoin will shine so brightly everyone will forget about alts the next few years. because what is coming here is a recession where they at every step increase the money supply while the economy getting into a worse and worse shape stocks will therefore stagnate because the companies are in deep shit but there is money pumping into the market so there will be volatility and much rekt. real estate and metals are not mobile and liquid and hard to secure also not owned privately and trustlessly. there will be an other round to solve the debt crisis with taxing the rich commies will come out of the woodwork populists will fuck everything up even more while fiat loses it's purchasing power worldwide...

that's what i expect coming. in this environment there is bitcoin with stock to flow superior to metals liquid and mobile as fuck easy and inexpensive to secure can be owned without any legal backing non custodial. it's just too good to pass up. shit will moon 2 or 3 times. first target is slightly above $250k then we see how it goes. but before bitcoin is done for it will trade above $1million (on current value)

>>18677991

>>18537004
+1
i have been a bear for more than 2 years long term i was always bullish but i was bearish on every rally. i pretty much shorted my way up to $14k and $10k but here i completely switched to patient and careful buy the dip mode. i will double my long on every retrace maintaining a safe stop in profit but i'm done shorting. except for the halving actual you would be a fool not to go into the halving with a net short.

>>18447445
>2017 was the top. If it didn't moon then, it won't ever
lol it did moon at that time it wen't pretty far, but there is no top for bitcoin. every ath will be taken out by a new ath.

>>18419536
yep
>>18419558
*new

>>18150423
Here is an update.