[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 189 KB, 1266x875, Bart-Complete.png [View same] [iqdb] [saucenao] [google]
22252159 No.22252159 [Reply] [Original]

The BTC bart is complete, this is supported by the fact that ETH has a very strong support at $310.

Make no mistake, the market will crab for quite some time, and could still react to big news (good or bad), but the current dump is most likely over.

>> No.22252197

>>22252159
CME GAP
9600
YOU FUCKING FAGGOT

>> No.22252236

>>22252159
>ETH
>having support
LMAOOOOOOOOOOOOOOOOOOOOOOO

>> No.22252251

>>22252197
almost filled at 9800.

keep waiting for 9600 while it moons to 17k

>> No.22252253
File: 335 KB, 1639x724, bitfinex_btc_usd-sat_5_sep_23_42_45.jpg [View same] [iqdb] [saucenao] [google]
22252253

inverted cup and handle

>> No.22252275

>>22252159
We're Going to 9300 tonight, and 8700 in two weeks

>> No.22252276

>>22252197
it's gonna bounce before hitting it then next time it's down here they are gonna blow straight through it

>> No.22252381

>>22252253
not concave enough, but I must admit it looks bad.

I dont think crypto will naturally keep dumping given the news about china dumping us bonds, fiat will suffer.

>> No.22252515

>>22252197
there's CME gaps around 6500 and 3500 too
do with this information what you will

>> No.22252584
File: 295 KB, 1080x1350, 1593459185359.jpg [View same] [iqdb] [saucenao] [google]
22252584

>>22252381
Crypto is seen as a speculative asset more than a safe haven against inflation/economic turmoil. It tends to follow the stock market more than the precious metals market. If the US economy starts suffering people will likely move their money out of a highly volatile crypto market

>> No.22253273

>>22252584
Thats what it would seem, but seeing what happened in Venezuela and Argentina, I'm willing to think that if inflation is so bad that people need an alternative to fiat, they wont be carrying a bag of gold.