/biz/ - Business & Finance

Can you guarantee this time is not different?

>>18772265
Can you?

>>18772240
Six trillion plus fed notes.

It wont be. But its making higher highs and every chance we get at a bullrun fuck it Ill take it.

>>18772276
Can you?

>>18772240
this is dollar devaluation not bitcoin pumping on its own

>>18772278
Tether used that as a cover for their printing Ponzi scheme for this pump.

>>18772295

>>18772305
Never will be absolved and all of tethers market cap will be on the bitcoin blockchain.

>>18772278
Six gorillion

>>18772295
>this is dollar devaluation
has it begun

I legit thought btc had code to know when the fed made dollars and was a measure against it but thinking now if that really were the case it would be higher than this I think I’ve taken corses

Last dildo this size went to 13.7k the following week & that was without the halving

You literally have to be an idiot if u are in crypto & shorting btc in the next two weeks

>>18772240
I bought low

>>18772240
Faith

>>18772240
Pullbacks are fine.

>>18772240
This time a global pandemic is underway

>>18772240
Yep, if anyone cant see how obvious of a manipulated bull trap is they are fucking retarded. Classic blow off top.

>>18772427
>winter is coming anon
while yes at some point it will retract, but the question is when and how much

>>18772460
I guarantee that the moment this tries to press 10k it is going to crash so hard that bulls won't know what hit them.

look at open interest alongside the price. this was a price move brought on by massive spot buying. last time this happened was the chad candle of april fools' day 2019.

>>18772240
lol retard

>>18772240
cool, but the important part is that you missed the pump

>>18772265
>>18772276
Get a room and have sex already.

just wait until there are riots on the streets and people are starving. This pump is only so that small miners can sell at profit when the halvening hits. A hell of a lot miners will not survive after the halvening, so they will pump it, then sell

>>18772706
The areas you've circled have corrections after 2-4 days. The current pump on the far right don't have any corrections yet after 8 days.

There's the dump now

>>18772240
>What makes you think this time will be different?
I sold this time

If you zoom out the chart to the max, It looks super bearish. 20k was clearly the top, and if it doesn´t break and stay aobve 10k for some time, we´re making lower lows. This is a scam pump so small miners can exit in profit. The start of a real bullrun would have corrections and accumulation periods, this don´t

>>18772789
>small miners can't survive the long-awaited, predicted to the day a year-plus in advance halving
>can't do anything to secure lower energy costs or more efficient mining equipment

>have so much fiat that they can pump the BTC price by themselves

>>18772857
>Wu Flu fucks everything
>BTC returns to pre-corona prices a little faster than the Dow

>hur this pump looks weird must be a scam xD

>>18772861
they don´t pump it by themselves, but they ride the halvening pump. And no they know they cant survive when the rewards get cut in half, it´s simple math. The big miners will take over even more because they have better and more efficient operations, pushing the small guy out, which actually is bearish for bitcoin and centralizes it further

>>18772887
>And no they know they cant survive when the rewards get cut in half, it´s simple math.

Do you think that miners were not aware of the next halving, and when it was going to happen? And that they just held huge quantities of BTC through March, when literally everyone else dumped, hoping that a) the economic nightmare caused by a global pandemic would magically be over by mid-May and b) BTC would recover as well? Could you imagine pitching the boss of a Bitcoin mining outfit on this genius strategy as the world locked down and red candles longer than Mandingo's dick started appearing?

The miners who are going to be obsolete in May dumped their BTC in March.

>>18772295
No it is not, look at gold

Just bought back in, thank me for the fump

>>18772295
>this is dollar devaluation not bitcoin pumping on its own

Imagine believing this in the face of literally every metric of inflation

This rally will fail like all the others