/biz/ - Business & Finance

Picture #2: Fear and Greed index of 90% (currently at Extreme Greed). When Investors are getting too greedy, that means the market is due for a correction.

>>23755503
>possible massive dump to 10.2k USD/BTC.
that would be a fucking dream, if we hit 10k i will get a loan

I think a 40% dump over the next 3-4 months is reasonable.

Just bought 1 BTC, thanks anon

Picture #3: Price action BTC-EUR LSTM neural network. Epoch size: <180K. Data used: 2014-09-16 to 2020-11-6.

>>23755535
>EUR

Picture #4: MPI INDEX OF >4. Values above 2 indicate most miners are selling.

>>23755503
i don't need charts to know that
it's the most obvious thing in the world
pair that with biden winning and we'll see a bigger crash than corona

Idgaf about btc

>>23755503
I sell when Green line crosses red line. Rate my TA anons...

>>23755566
Digits reveal the truth as always.
Fuck TA niggers

>>23755585
based

>>23755585
I don’t even know even know what those lines are or where you get them and I’ve still made money

this is scaring me. how much should I believe OP? non-biased answers only

>>23755566
so this is the cope of the bottom sellers in march lmao

>>23755503
Not closing my long

>>23755711
Fuck you. I sold the bottom

>>23755566
>pair that with biden winning and we'll see a bigger crash than corona
why would anyone move into USD if it is about to absolutely shit in the bed once stimulus checks and nigger welfare buxxx is about to go BRRRRRRR?

So will the dump be happening today or over the weekend? When do I sell?

>>23755762
Me bought

>>23755503
magic number only goes up

>>23755518
This is literally my plan as well. 10k and I will be irresponsibly long. I think 12k is more likely though.

>>23755632
>>23755695
Unironically it's because Q predicted this.
>Red Castle
>Green Castle
>Red/Green Castle
Red always came before green. When Red Caste ((Red Line)) is on top (([C]astle)) you sell.

>>23755794
Hard to say. AIs have pretty weak predicting power beyond the short term. And it's not some sort of insight no one had. There will be a dump, but obviously no one knows when.

>>23755767
this. a crash into what? if anything i'd expect people to lever up.

>>23755767
because in the end a 2% yearly inflation rate does not kill your portfolio value as quickly as march crash did? You could lose 80% of your savings in the span of a week.

>>23755503
>down to 10.2k before mooning
So selling to buy in again is the gamble since it's certain to moon no matter what?

>>23755503
I am literally paralysed at this point and cannot sell my bags nor want to buy any more for fomo

No matter the price, $10k or $100k, I will continue to sit here numb and HODL until my death

>>23755518
>>23755881
and this is why it wont dump to 10k ever again, maybe 12k if we’re lucky

>>23756215
I feel the sense of possibilities
I feel the wrench of hard realities

>>23755974
Understandable ye. I am kind of expecting things to go down once the votes all come in. Just really considering pushing another 10k into bitcoin before the dump

>>23756150
>2% yearly inflation rate
>he looks at CPI and not asset prices
ngmi, continue eating 2$ burgers, it's all right

>>23755767
none of that will happen, McConnel controls the Senate. no stimulus. no anything really. that's why the markets are rallying, they know nothing will change.

>>23756215
just your instinct telling you that BTC will be above 100k and it will be completely normal at that point
just save some extra cash in case we get lucky and we have one more correction to buy

>>23755518
Same

>>23756402
except senate seats will be up for grabs in January in Georgia and democrats could grab 51 seats as soon as Biden gets inaugurated you massive tard

then you'll get full democrat policy

>>23756402
>nothing will change
it's already happening, it started in march if you didn't notice, the entire economy is on drugs right now, they cannot stop injecting money in the system, 90% will flow into financial markets, 10% into gibs, asset inflation is skyrocketing

>>23756127
OP here. Crash is because everyone is cashig out, USD hyperinflation still ain't here

>>23755706
Feel free to believe the OP or not. Either way it shouldn't matter to you. Youre investing long term with btc, at least you should be. Anytime is a good time to buy. It could easily go to 20k next or crash to 12k. Either way it'll eventually surpass that 20k mark and moon even higher where everyone will be saying OMG ITS GONNA DUMP TO 20K AAAAAH

>>23756371
doesn't matter short term. People still need USD to pay for things and they care about the number next to their USD ticker in their broker/app/account. We're talking in case of a crash here.

>>23756516
This. Who cares if you buy at 15k or 12k if long term we'll go 100k and above. Just never go all in. Always keep money in case you need it so you're not forced to sell your Bitcoin

>>23756456
>as soon as Biden gets inaugurated

>>23755503
Imagine doing TA on magical monopoly money