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18232794 No.18232794 [Reply] [Original]

The break down this month has necessitated a MAJOR change in my Elliott Wave count. While the long-term is still ultra-bullish, actually even MORE bullish with this new count, the intermediate term over the next few months is looking quite bearish .

With a global liquidity crisis mounting people will need to sell ALL types of assets to be able to survive this coronavirus/liquidity crisis. As more people lose jobs and their investments depreciate people will desperately need dollars to stay afloat and pay bills. This includes people who hold cryptocurrencies. Crypto is NOT immune to a liquidity crisis. The FED will need to print A LOT more money before we can recover from this drought of dollar liquidity, it should happen by the end of the year though when the FED goes into full blown panic mode.

In the meantime, until liquidity comes back into the market en masse, BTC will likely head towards $1000 by November. This is by no means a death sentence for BTC or cryptocurrency and will simply be the largest correction ever experienced. We will recover though, and it will be a testament to cryptocurrency's resilience.

>> No.18232880

>>18232794

Big if true

>> No.18232904 [DELETED] 

If I look at 3 yr, 5 yr, 10 yr, etc returns for an ETF I'm researching how should I regard expenses and distributions over those spans of time? For example, should I multiply the yield % and the expense ratio by 5 and add to the 5 yr return?

>> No.18232928 [DELETED] 

>>18232876
A smart tactic with proper stocks is to be hoovering them the fuck up as they fall off a cliff in order to catch some insane ass rebound gains.
I was sucking up MUFG and Intelsat today with the same ferocity one snorts cocaine with.

>> No.18232955

>>18232794
I don't see any pictures of elliot or beaches or shit. Did you draw any starfish for the stimulus checks?

>> No.18233104

>>18232794
How are you possibly drawing a support line that only touches 1 wick down? This is some reddit tier analysis

>> No.18233192

I hope your analysis will come true, I am stacking my money to buy 3 BTC by these times

>> No.18233702 [DELETED] 

>>18233484
just discord trannies. kys tranny.

>> No.18233747 [DELETED] 

>>18229856
You would just end up spending more money doing nothing at home. As long as you have an internet connection you will find nothing else to do but to buy useless shit. Thats how amazon became so big

>> No.18233750

>>18232881
>We'll see what happens if/when weekly support is revisited
why weekly?

>> No.18233792

>>18232794
Dude I don't want to wait until 2024, I want to be a millionaire now

>> No.18233796 [DELETED] 

>>18233549
>> minted
>Doesn't mean they've hit the market yet.
could you explain to a brainlet the difference please?

>> No.18233846 [DELETED] 

>>18233573
>And if won’t dump if you print tether
why?

>> No.18234268 [DELETED] 

when moon

>> No.18234529 [DELETED] 

>>18234456
true

>> No.18234534 [DELETED] 

>>18234456
>Most rich people are happy
explain the mountain of feminist rhetoric that has trickled down from wealthy female circles.

>> No.18234537

@OP Your Elliot Waved are the most laughable shit in the world. TAKE YOUR MEDS.

>> No.18234611

Got 35 oz silver

Want to get 1 of gold at least but can't afford that much

>> No.18234612
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18234612

>>18232794
>change in my Elliott Wave count
shocker

>> No.18234623

do you know what your subconciousness wants to tell you by drawing a huge dick?

>> No.18234651

>>18233750
because the prior 20 random moving averages have been broken and these faggots just switch to the next one soon as their "critical support" is broken

>> No.18234693

Warning to all: Elliott waves are for brainlets. It is in your best interests to ignore anyone who uses them.

>> No.18235371

>>18232794

bullshit

>> No.18235990 [DELETED] 
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18235990

>>18234091
57

>> No.18235993 [DELETED] 

>>18235956
i’m masturbating to this

>> No.18235995

>>18232794
Consider the fact that the fed is printing 1million a second

Now try to wrap your brain around the fact that BTC is a hard asset with near perfect economics. It's not a matter of BTC going up or down in value. It's a matter of the dollar being devalued

>> No.18236246
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18236246

>>18232061
a small package has arrived

>> No.18236249

Saving up money to buy later

>> No.18236481

>>18233216
What is legacy bitcoin? How do I know if my bitcoin is legacy?

>> No.18236851

>>18236762
Imagine the smell

>> No.18237608

>>18234193
>The weekly 200 SMA is a powerful support that was defended during the dump that happened on March 12th
huh? You have no idea what you are talking about. Bitcoin was literally going to zero until bitmex stopped all trading.