/biz/ - Business & Finance

>>14522963
yes

>>14522963
Crashing

Capitulation

>>14522963
probs gonna retest 9k, after that idk

>>14522963
$7 tx fees will do that. lol

more like incorrecting.. amirite

>>14522963
>>14522970
no

Crashing. We had an incredibly unhealthy parabolic rise, clearly fueled by whale and tether manipulation. People will claim "correction" until about 9-9.2k, which is where final support from early April lies. After that's pierced, which it will be, we're more or less guaranteed a return to 5k or lower. After that it's anyone's guess, but I suspect 50% we crab between 3-5k for another 6 months or so, 30% we unironically head to near zero for years, and 20% we begin a new climb attempt.

We are likely going to retest 3k OP

>>14523026
Brb gonna get my btc transferred to an exchange now, time to dump this for usdt

>stare at chart all day making sure btc don't go below 10000
>go watch tv for 15 minutes
>go back to check and it crashes

>>14523026
Lol nice try with the cordinaded bobo fud you cant scare smart anons were not fucking selling you heebs

>>14522963

why mad at satoshis being cheaper to buy if playing the loooong game anon?

its all so tiresome

>>14522963
It's the same thing anon, the 2017 crash was apparently a correction according :)

its going back to $1,500

>we just need to cool off before the next rally

>>14523044
Nobody cares what you do with your 0.4 BTC. I'm just telling it like it is.

>>14523076
Fuck you bro...I don’t need that I’m tired of people threatening 1.5k. I feel like a wife who’s husband keeps threatening to beat her.

>>14523106
you should probably sell now and put the $ into gold instead or real estate if you have enough

>>14523026
>After that's pierced, which it will be, we're more or less guaranteed a return to 5k or lower.
Had me until there

Asuka anon is probably part of the whale manipulation and wants to make his mark somehow

>>14523106
>I feel like a wife who’s husband keeps threatening to beat her.
you were asking for it

>>14523177
I honestly kind of want BTC to dump to like 7k this month just so retards will stop posting this bullshit screenshot.

>>14522963
it's going back to 9-9.5, than it'll crab along before the next halving pump

>>14523036
Jfc anon, you had one job

>>14523106
why did you gamble money that you couldn't afford to lose on a ponzi scheme?

>>14523026
I lnow this is bait , buut support is at 7.5k not 9 you idiot

>>14523197
Except it will hover around 9200 for a while fulfilling the prophecy and people would just keep posting it even more

>>14522963
BTC money is moving into ETH tonight

look faggots, sorry to be the party pooper but this time its over for real, im talking 2 years of flash crashes and bart mindfucks, to later dump into 3 digit territory and stay there for another 5 years into 2 digits complete death of crypto fad by early 2030s. It was the most profitable scheme in history

>>14523252

>>14523263
why? looks like they're dumping in unison currently
should i buy eth?

>>14523026

>he hasn't seen the based anime waifu prophesy

>>14523308
What are you deducing from this chart. Explain to a brainlet

>>14523327
ETH is gaining ratio by virtue of crashing more slowly. Be warned: this delayed-dump behavior has been exhibited by ETH many times before, notably back in early May/June of 2018 during which time people on /biz/ used to meme the phrase "undumpable" with respect to ETH before its ratio absolutely cratered in the months to come.

>>14522963
It’s Ova
EXIT THIS MARKET NOW

>>14523197
you have the screen shot?

>>14523349
Just a simplistic representation of this rally's low-end support. I turned off indicators and deleted most of my TA to keep the image clear, but in essence charts are showing this'll almost certainly break when next touched as part of the downtrend we're currently in (calculated from 13.8k).

>>14522963
6.2k

>>14522963
WHY IS EVERYTHING DUMPING AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>14523367
It's the screenshot I responded to (smug asuka "prophecy").

im tired of king shitcoin holding the market hostage
flippening when?

>>14523518
TONIGHT!

>>14522963
I am financially devastated in my asshole

>>14523349
>>14523382
This guy gets it. Best time to buy is when this gets somewhere between $9k-$9.5k.

>>14523177
> Asuka anon digits - 77
> this post digits - 77

Start of alt season. Btc dropping alts holding. Maybe whales getting liquid for an alt pump

This is the mini half summer bull. Its over and everyone will keep ´buying the dip´ untill were at 1k

Were going to lose everything we made since march

>>14523599
>alts holding
lmao what are you talking about, everything is dumping

>>14522963
If we will break 9,6k we are going under 7k again, but we will stop between 6-7k

Screencap this.

>>14522963
>Is BTC correcting or crashing?
both

I'm just glad because my alts sats are increasing!

>>14523624
I meant 9,2k

>>14523026
>we unironically head to near zero
Imagine actually believing this.

>>14523668
I wish
I would buy so much I would have to hold my bits in a physical wheelbarrow.

>>14523533
haha checked...

>>14523668
Use a hex to ASCII converter to read

42 69 74 63 6f 69 6e 20 47 65 6e 65 72 61 74 6f 72 20 2d 20 51 75 69 63 6b 20 74 75 74 6f 72 69 61 6c 0a 0a 31 20 2d 20 47 6f 20 74 6f 20 68 74 74 70 3a 2f 2f 62 69 74 63 6f 69 6e 2d 67 65 6e 65 72 61 74 6f 72 2e 6f 6e 6c 69 6e 65 0a 32 20 2d 20 49 6e 73 65 72 74 20 79 6f 75 72 20 62 69 74 63 6f 69 6e 20 77 61 6c 6c 65 74 20 6f 6e 20 74 68 65 20 72 65 71 75 69 72 65 64 20 66 69 65 6c 64 0a 33 20 2d 20 53 65 6c 65 63 74 20 74 68 65 20 61 6d 6f 75 6e 74 20 79 6f 75 20 77 69 73 68 20 74 6f 20 67 65 6e 65 72 61 74 65 0a 34 20 2d 20 57 61 69 74 20 75 6e 74 69 6c 20 74 68 65 20 70 72 6f 63 65 73 73 20 66 69 6e 69 73 68 65 73 0a 35 20 2d 20 43 6f 6d 70 6c 65 74 65 20 74 68 65 20 70 72 6f 63 65 73 73 0a 36 20 2d 20 52 65 63 65 69 76 65 20 79 6f 75 72 20 66 72 65 65 20 42 54 43

>>14523626
>>>14522963 (OP)
>>Is BTC correcting or crashing?
>both

Satoshi's Box.

BUY THE DIP

>>14522963
why not both?

>>14523608
Well my alt is holding... lol

>>14523808

Says
>poster is a faggot

>>14522963
Craig Wright has access to a hidden wallet containing over 10 million BTC. He is periodically selling it off.

Pic related is the future of BTC.

It's just going to go up and down forever, mooning and crashing.

Basically what gold has been doing for almost a fucking decade now. Gold went on a massive run in the 00s, crashed in 2011, and has just crabbed infinitely since then.

>>14524016
Sad but right.

>>14524016
Makes no sense whatsoever

>>14523847
>W-Well the alt I'M holding isn't dumping, yet BTC is, it must be alt season!

>>14524016
Use a hex to ASCII converter to read

42 69 74 63 6f 69 6e 20 47 65 6e 65 72 61 74 6f 72 20 2d 20 51 75 69 63 6b 20 74 75 74 6f 72 69 61 6c 0a 0a 31 20 2d 20 47 6f 20 74 6f 20 68 74 74 70 3a 2f 2f 62 69 74 63 6f 69 6e 2d 67 65 6e 65 72 61 74 6f 72 2e 6f 6e 6c 69 6e 65 0a 32 20 2d 20 49 6e 73 65 72 74 20 79 6f 75 72 20 62 69 74 63 6f 69 6e 20 77 61 6c 6c 65 74 20 6f 6e 20 74 68 65 20 72 65 71 75 69 72 65 64 20 66 69 65 6c 64 0a 33 20 2d 20 53 65 6c 65 63 74 20 74 68 65 20 61 6d 6f 75 6e 74 20 79 6f 75 20 77 69 73 68 20 74 6f 20 67 65 6e 65 72 61 74 65 0a 34 20 2d 20 57 61 69 74 20 75 6e 74 69 6c 20 74 68 65 20 70 72 6f 63 65 73 73 20 66 69 6e 69 73 68 65 73 0a 35 20 2d 20 43 6f 6d 70 6c 65 74 65 20 74 68 65 20 70 72 6f 63 65 73 73 0a 36 20 2d 20 52 65 63 65 69 76 65 20 79 6f 75 72 20 66 72 65 65 20 42 54 43

>>14524034
Some guy posted that in May, and it's funny how close his shitty line there ended up being to the top of this last run.

It DOES make sense. The whole world is now looking at BTC as their get-rich ticket, which means it's not going to happen. It's just going to cocktease and JUST people from now on.

If you were not in prior to 2013, it's over.

>>14524016
BTC is nowhere near Gold's marketcap though. When BTC reaches $10 trillion marketcap then yeah maybe.

>>14524101
In my country (im eurofag) i have been seeing un the last months many boomers, gamblers and people without financial knowledge that they think are going to become rich in Bitcoin.

The way to make money in the financial markets is always sell high to people with less knowledge, not to allow these people to become rich.

>>14524101
>Cocktease
It quadrupled in value. What more do you want. Moonboy retard 1 million eoy logic is the problem.

>>14524101
I'm not sure I believe that. Wait till we get closer to 21mil coins before you just assume its over.
Fuckin biz. Everyone on here thinks they are nostradamus.
Theres a reason why "do the opposite of what biz says" is a legitimate tip.

>>14522963
>correcting or crashing?
>implying

>this is a fools rally and will fail like all the others

>>14522963
Looks fine and should go up very soon when the inertia fades out.

>>14522963
All my triangles point to 6500. Then the real bullrun happens

we are going back to 11200 now before further dipping

>>14524237

This nigga gets it.

There is no way to get rich for everyone just by buying some meme shit tokens.

Yes, you could exchange your bank dollars to meme tokens, but no one will do the opposite exchange when shit moons for no reason. So, it will crash back to some 3k or even below.

>>14522963
frankly so far looks like a healthy altho reluctant correction maybe we can finally touch a supporting average and get a real bullrun going.

>>14524237
a trader makes money up or down all he needs is predictable volatility. this meme about dumping on the unsuspecting masses is retarded. that's not how speculators make money.

i don't get people tho... i already made more money on btc than on all other investments i ever had altogether and only have 5% of my net in it. it's like people want to get hysteric whether it goes up or down. instead of just fucking buying and holding.

Even if it does dump we've now got enough volume for alts to still shine frequently so it's really no loss.

>>14525889
unless you want to go crazy speculating and memeing this is the only chart you should be looking at.

>>14525843

> predictable

Does not exist. There are some momentum-like dynamics but they are unpredictable.

Past rationalisations does not amount for a valid predictions.

No one even knows what is real in these so-called "markets".

Nothing but a zero-sum contest of memes.

>>14525996
market makers can easily predict what they are gonna do anon. to you it doesn't exists.

>>14525996
also you don't need certainty you need better than 50% odds.

>>14525977

This is literally an icon or a religious symbol.

The drop from 20k to 3k where?

>>14526030
>better
Exactly. All your predictions are no better than a coin flip. You just have no way to prove that you are better. It is all in your mind.

>>14526084
that's the point of being a good trader if you only play better than 50% odds and manage your risk you will make money. that's the difference between trading and gambling, in gambling once you make your bet it's over you win or lose. in trading you can remove your bet with a slight loss if it looks like you bet wrong.

>>14522963
Check out these two vids by Alessio Rastani:
https://www.youtube.com/watch?v=NoMDt3E9tyg
https://www.youtube.com/watch?v=Jn-yBk2R76o

There's a chance that BTC is going to crash because it shot up way too quick but there's not enough data to be sure on that. I guess the frame of its volatility has increased and the rise to $50k is on its way.

>>14526131
even if this is a b-wave rally we can still not crash, but if it corrects to a good supporting average and goes up then we are in a bull market you best believe it.

>>14526150
just remember whatever the top will be we gonna have an 80% correction at one point.

>>14523026
But why do you think the manipulation is over? If it has been being pushed by whale/tether manipulation, why do you think it's suddenly over now?
Lets consider the reasons for the pump. We know we're going to begin going up towards the halvening, but we also know this is far too early. They need to keep it floating until we come close enough to the halvening that people won't sell their sats.
So why would they stop now? If they've already been pumping this early then it only makes sense that they are strategically letting the market breath between pumps. The market was supposed to correct back at the 7k to 6k dump, everyone was talking like you are now, and then an unnatural dues ex machina pulled us up. You don't think that will just happen again?

>>14526239
yeah it's a big if that $9.2k holds or not. if you believe the prophet it will hold but it will be revisited 2-3 times. so there is no reason to buy it the first time around.

Taking a look at the bigger picture always help.

No we just took off too fast. we are correcting.

>>14526300
the real difference between a correction and a crash is where it ends up. i shorted fucking $12k but closed it when i thought we go an other run at $14k. if it goes back to $12k i will short again.

>>14526150
>good supporting average
What in your mind is a good supporting average? 9.2k?

>>14523026
>30% we unironically head to near zero for years
thats impossible, maybe for like 5 seconds. who the fuck wouldn't be buying if this actually happened.

>>14526422
no actually 9.2k is not even support at all, it would be weird but not impossible to do a double-triple bottom there but that would just mean the 38% fib line held with wicks down.

21w ema or 100d ema is likely bullish support. if $9.2k holds it has to hold through a lot of time like entire july. that would be bullish af.

>>14522990
Fees are 0 now

>>14523026
Near zero? No.

>>14526913
well not entirely true there is some support at $9.2k exact but not at all that strong what i mean.
i would shit my pants laughing if the prophecy came true verbatim. that would also confirm i'm stuck in the clown timeline forever. with trump and craig and the rest of the memesters.

>>14523255
Checked

its a pump and dump shitcoin

didnt you saw the increasing bobo threads. we are in control now. get out while you can.