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/biz/ - Business & Finance


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25305770 No.25305770 [Reply] [Original]

Brace yourselves for a massive blowoff top. The bull market is officially over.

>> No.25305808

>>25305770
get rugged

>> No.25305828

>>25305808
bro, you had 12 years

>> No.25305852

I dont get the concern? Just redraw the lines..

>> No.25305861

>>25305770
is that you monatae_anon

>> No.25305894

yeah but what if this time is different? checkmate

>> No.25305914

>>25305770
This time will be different.

>> No.25305972

Nah I don't think so

>> No.25306008

>>25305770
>MtF
that's you OP

>> No.25306104

pretty sure it's him, he's been spot on for the most part except a short when he had a bearish retest bias for nearly half of 2020, nailed the bull call though.
https://www.tradingview.com/u/monetae_anon/

>> No.25306174

>>25305770
nigger

>> No.25306191

>>25305808
>>25305828
>>25305852
>>25305861
>>25305894
>>25305914
>>25305972
>>25306008
>>25306104
>>25306174

Euphoria confirmed. Top confirmed. OP is right. This will crash hard.

>> No.25306211

>>25306191
Post short

>> No.25306220

>>25305770
i bought at 18. made 7k profit. might sell at 30

>> No.25306246

>>25305770
>mtf
You will never be a currency

>> No.25306301
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25306301

>>25306220
Oh shit, I bet a lot of guys are thinking they’ll bail at 30.
I’ll bail at 29,500 before those suckers get a chance.
Heh.... I’m a genius...

>> No.25306447
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25306447

shouldn't there be fewer btc traded as usd value increases? the volume in those charts is measured in btc...

>> No.25306554

>>25306447
yes, you're correct which is why the 2017 rally is kind of amazing. if you want to denominate in dollars you can use TDV total dollar volume

>> No.25306600

>>25306220
>in crypto for measly 55% profit
ngmi

>> No.25306635

Just look at the life cycle of a stock chart. This will pump further (probably to like 32.5k) and will then violently contract down to around the price of the first bull trap.

Sell at 30 and buy again at 10. EZ$.

>> No.25306650

>>25306635
nah, were going to 40k, up to 50 even without a major correction

>> No.25307513

>>25306650
Try 80k
T.KGG

>> No.25307534

I hope so or I'm priced out forever and bitcoin becomes a game of rich people only

>> No.25307549

>>25305770
Thank you retard, very cool!

>> No.25307570
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25307570

>>25305770
Your TA is shit anon.

>> No.25307585

>>25307534
That's what they want you to think. Start accumulate satoshis right now and stop spending on literal shitcoins.

>> No.25307632

>>25307513

80 is honestly very shy and modest. Try 200k before major correction. Screen cap this.

>> No.25307642

>>25305770
your mother is a blow off top

>> No.25307826

from 30, it'll drop the traditional 30% down to 20, which would turn previous ath resistance into support.

>> No.25307833

>>25307632
Im actually being serious though fren
>inb4 so am i
Justify it.

>> No.25307873

>>25307833

It's taken 12 years to get here. It took like 12 years for companies like Amazon or Google or Apple to become absolute power houses and begin their true path to ascension as household names. We are still in the absolute earliest days of Btc. It has only just finished its first chapter.

>> No.25307874

>>25307826
seems pretty obvious to me
dont need all those fancy fag tea leaves either to figure it out
*crack*

>> No.25308011

>>25305770
nahh. doesn't feel like it's getting stupid yet.

>> No.25308373

>>25305770
Not even x2 from previous ath
ANON THIS IS TOO MUCH ITS UNSUSTSINABLE ITA CRASHING

last ath was x20 from the previous ath.


Literally and unironically suck my dick.

>> No.25308410
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25308410

>>25305770
ahahahahaha see you at $150k screencap this

>> No.25308437
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25308437

>>25305770

>> No.25308458
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25308458

>> No.25308459

At least cite where you stole this from OP!

https://twitter.com/crypto_birb/status/1344056291635978241

>> No.25308475
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25308475

>> No.25308501
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25308501

>> No.25308516
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25308516

>> No.25308533
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25308533

>> No.25308552
File: 340 KB, 1378x881, 20k rejected.png [View same] [iqdb] [saucenao] [google]
25308552

>> No.25308600

Any anons have advice on where and how to learn to better read these graphs? I am willing to spend the time to learn, but a lot of this is over my head at this time.

I’m a first year business student as well, if any anons can recommend classes.

>> No.25308850

i wish for a massivecrash that will scare away the normies. And i don't wanna buy a 30k

>> No.25308901

>>25307833
>Justify it.
the "major correction" will set the floor for the next bear market. that floor will be 40k-80k based on stock to flows 100k "fair value" prediction.

>> No.25308920

>>25305770
>it's a blowoff top because of declining volume despite the fact that the 2017 blowoff top had increasing volume
Is this bait?

>> No.25308948

volume is higher than ever because of OTC deals. we arent done yet

>> No.25308953

>>25308920
What part of unsustainable parabolic move can you not comprehend?

>> No.25308984

>>25305770

Nope. We're blowing right through 30k. Any retracement will be minor. I recommend you hold through it.

>> No.25309028
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25309028

>>25305770
Here is your correction OP

>> No.25309047

>>25308984
Funny, cause I just watched you faggots get rejected hard as fuck at 28k again.

>> No.25309069

>>25309047
reminds me of the rejections we endured grinding below 20k for so long

>> No.25309070

What a bullshit it’s not even overhyped in media we may climb next 5-10k$ easily

>> No.25309075

>>25308953
Way to fail at comprehending what you're reading

>> No.25309084

>>25309047
low quality bait.

>> No.25309088

>>25306246
kek

>> No.25309672

>>25305770
How. I havent made any money yet. I only 2x my portfolio

>> No.25309825
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25309825

anyone buying at ATH after a short term rise in price like this is fucking retarted

also my neighbour and the women at the supermarket counter told me about the bitcoin lately - it's 2018 all over again

ill buy in again after the drop
you faggots never learn

>> No.25309895

>>25308475
>>25308501
>>25308516
>>25308533
>>25308552
KEK

>> No.25309937

>>25305770
>MTF blowoff top
sounds hot

>> No.25310353
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25310353

Does all this ta stuff takes into account the fact that btc is getting scarced on exchanges as institutions are pulling them out for long term storage? I might be a midwit but to me this seems like such fundamental reasons trump any sort of traditional ta analysis dešu

>> No.25310398

Noooooo don't leave me up +200% up nooooooooooo

>> No.25310448

>>25309825
That's old paradigm thinking.
This is 2020 - a new age

>> No.25310535

>>25310448
My normie "friends" from work are now talking about crypto in the group chat. We're done for

>> No.25310548

>>25310448
true - we have entered a new decade and as the techno-social AI singularity is approaching we will never see a correction again. Anyone who isn't all in BTC right now will end on the poorest shitting streets of mumbai next year

>> No.25310577

>>25305770
Far from over. Everything is different Anon.

>> No.25310602

>>25310548
I mean we're all going to end up on the shitting street due to the Great Reset but some will have higher numbers than others.

>> No.25310630

>>25310602
The great reset will be a silent one. Hardly noticeable to the average person. It will happen in our world. The digital one.

>> No.25310845

>>25309825
When normies talk about it that means they're about to buy which means continuous pumping. It's bound to go up for a while then crash

>> No.25311047
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25311047

>>25310448

>> No.25311061

>>25307632

200k is a lowball, try 500k before any major dip. Screencap this Vishnu

>> No.25311327
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25311327

>>25305770
>RSI IS OVERBOUGHT!!!

>> No.25311746

>>25308850
This. I refuse to buy until I see /biz/ awash with pink wojacks and I will happily drink the blood

>> No.25311818

>>25310448
>>25310548
If you attach any meaningful significance to the arbitrary number of *present year* you deserve to get dumped all over. The “techno-social AI singularity” is still just a fantasy, AI tech is retarded as fuck and will remain that way for the next decade at least.

>> No.25311881

>>25308600
Investopedia is pretty good for the basics

>> No.25312820

>>25305770
God I hope so... I should've bought BTC when it was <10k USD.