/biz/ - Business & Finance

I hope that we will be below 38K by Dec 31 2020, though, because if we are above, it would mean that we are truly overheating (more than 100% a month) and about to undergo at least a multi-month dip/decline.

>>25201732
Yes.

>>25201763
You really don't get it. Everything changes on the 1st January.

My sell signal will be a dip where I start seeing "its just a correction" threads on here

ALWAYS do the opposite of what biz says

>>25201732
It is... and im tired of pretending it’s not.

>>25201732
we'll hit 30k then dump to like 21k then crab until may, then moon.

>>25201732
No it's not central banks have fucked up , next year there will be massive fiat inflation.

Oh are you talking about bitcoin?Yea it's sustainable buy anything below 500k usd

NEW
PARADIGM

BITCOIN WILL BE THE GLOBAL RESERVE CURRENCY IN 2022 AND WILL BE $1,000,000 PER COIN IM PUTTING MY LIFE SAVINGS IN IT RIGH TNOW

>>25201732
Tim Draper was calling for a 400k top

>>25201807
PLEASE GOD
THIS IS ALL I WANT
I'm all in at 23k again! I will not miss this once more with weak hands

>>25201732
is it worth buying now

>>25201792
20th*
Didn't you wonder why it busted when it was clear Hilary lost?

>>25201732
Zoom out on the chart. Every cycle high for Bitcoin makes the last cycle high look like an insignificant bump. The last cycle high in 2017 was 20k. 27k is just the beginning.

>>25201732
of course not, this is the parabolic euphoria run

>>25201732
No, but that's okay. It wasn't sustainable the last 3 times either. We're all better off now regardless. That is, unless you're a retard who can't keep from panicking like a little pussy.

Buy in, enjoy the ride. It crashes, forget you have it for 3-5 years and welcome back to the fucking show.

look how how high we are gonna close on the weekly. 91 RSI too
still not selling

>>25201810
Other central banks don't matter. The only thing that matters is FED balance sheet.
The other countries will have to keep devaluating otherwise their exchange rate will rise and will cause a decline in their exports because of relative price.

>>25202154
it's worse than that the fed increased it's monetary base massively but if due to unemployment they have deflation they will need to keep doing.

This means they will force other nations to inflate to balance the rate to the usd even if the usa sees no inflation lmao.

We reached the post bretton woods system endgame, the game theory is forcing everyone to devaluate harder and harder and burger asset inflation is causing cost of living too high to barely survive so people are not consuming since basic life costs are too high , like rent going up non stop.

Wonder how it's going to end , it does not look good.

>>25202235
Yes, that's why I mentioned the balance sheet of other countries means jack shit.
USD and the FED shenanigans are all that matter. The other countries will just have to react

>>25201732
you tell me

>could sell and keep $16k in profits or just HODL this 1 btc I have
FUUUUUUG.

>>25201732
No, it is the Final exit ticket out of the Dollar.
And the last chance for all of us to make it.
https://www.youtube.com/watch?v=XYfwBWv4YXI

>>25202284
Right but if Mexico or brasil are forced to devaluate 100% to keep their rates they will see inflation , meanwhile in this conditions the fed can still see 0 inflation even when they inflated.

This means that us labor will become absurdly costly at a time 40m americans can lose their homes and on brasil or mexico you could see communists revolutions due to this shit.

And us labor becoming so uncompetittive will trigger more brrrrrrrrr.

This is the fiat currency death loop , this WAS NOT the case in 2008, this is something new that never happened because never everyone was under fiat standards all together.

How do you see this ending anon?

>>25201795
>ALWAYS do the opposite of what biz says
retards will never accept this

>>25201829
>23k
lol you are gonna catch a falling knife

>>25202334
learn log dumdum

>>25202006
>Buy in, enjoy the ride. It crashes, forget you have it for 3-5 years and welcome back to the fucking show.
How not to capitalize off a ponzi scheme: the post

>>25201878
This. The run up from $500 to 20k looks obscene when zoomed in, now it's just the natural progression of the chart. A month from now when we're pushing towards 100k you'll wonder how 20k even felt like much

>>25201732
GREEN ID
50K
EOY

LOOK
HERE RIGHT HERE

>>25202641

>>25201732
as sustainable as $1500 in 2017

I think I'm getting too rich

>>25202800
Never a bad thing

>>25202451
biz is telling me to buy though

>>25201807
Would complete the gigantic 3 years cup and handle. Sounds based.

>>25202993