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/biz/ - Business & Finance

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18781606 No.18781606 [Reply] [Original]

What do you guys think

>> No.18781721

>>18781606
very bullish for Bitcoin (ticker: BSV)

>> No.18781731

>>18781606
Bitcoin will never go below the cost to mine it.

>> No.18781769

>>18781731
>Bitcoin will never go below the cost to mine it.
kek

>> No.18781791

>>18781731
see you in 11 days.

Tick.
Tock.

>> No.18781803

>>18781606
I do think it looks bullish.

>> No.18781936

>>18781803
this, bullish as fuck

>> No.18782023

>>18781731
if miner were setting the price bitcoin would be a million dollar or more
buyers set the price in every market, the production cost of anything is meaningless if nobody is ready to pay for it, it has always been like that

>> No.18782129

>>18781606
You forgot the support line, that is a giant bull pennant that is coming to a point just after a halving. This will breakout significantly later in the year

>> No.18782210

>>18782129
funny how that support line never existed before the crash and how all the "support" line were on the log chart

>> No.18782261

>>18782129
does it still look bullish tho?

>> No.18782356

To me, it looks like the top was at 20k in early 2018, but I´m not sure. I´m just guessing if you were to show this chart to a seasoned finance guy, he would say it reached it´s peak

>> No.18782992

bump?

>> No.18783574

When you look at bitcoin on a multi-year timeline you really should use a log chart.
>>18782356
Even a seasoned finance guy isn't used to looking at charts where the asset does 20x or more in a few months every few years. Especially not linear charts. I just doesn't happen. But that's what bitcoin has done a few times over.

>> No.18783695
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18783695

>>18781606

>measuring the spikes

>> No.18783722

>>18782356
>seasoned finance guy

those dudes are as reliable as fortune tellers

>> No.18784652

>>18781606
It looks like dogshit

>> No.18784668
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18784668

>> No.18784802
File: 113 KB, 903x509, Bullish.png [View same] [iqdb] [saucenao] [google]
18784802

Red line goes up, so yes: Bullish.

>> No.18784925
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18784925

>>18781731
Titanium resistance at the at the cost to mine it...