/biz/ - Business & Finance

>>25903671
AHHHHHHHHH

WTFWT

>>25903671
you have to stop looking at the 1min chart

HEEEEEEEEEREEEEE WEEEEEEEEE GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

LETS FUCKIN GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>25903671
That’s fuckin coom

>>25903671
34k ABSOLUTELY OBLITERATED!!

>>25903753
LOOK AT ANY CHART RETARDMO!

>>25903671
Hasn't even topped 21 hour resistance. BTC needs to hit 37k and hold there for a while to negate the downtrend. It's going to be a long night. No pun intended.

>>25903888
Holy fuck checked fags

>>25903968
Just realize my ID is fomo, nice

>>25903671
LMAO

I hold a substantial amount of BTC but I just want it to crab around 33k and consolidate so we can kick off an alt season finally. Also I want this bull run to last a good while, until at least late 2021. Going too far up too quickly with zero pullbacks would cause it to burn out too quickly and with less overall potential for gains

>>25903671
imagine the smell

>>25903671
Maybe next time bullbro

guys Im still holding my bitcoins that I bought when at 37k
I don't know if I retrieve this once we get there again

>>25904229
Hold for 3 years and you'll get there again

>>25904229
35k savagely rejected and now 34k rejected. Not looking good.......

>>25904229
you might as well sell
it was just a big pump n dump that's over and a few people are trying to keep it alive, but they'll run out of steam soon
then it will go back to about 3k

>>25904242
>>25904271
>>25904279
cope and seethe nocoiners
>>25904229
hodl

50k eom

>>25904242
>>25904279
wtf is this projection doods

>>25904308
You're just delaying the inevitable anon. Momentum is against you and you're giving out bad advice that will hurt the other anon

>>25904279
>top 10 wallets increase their bags by $11bn during this dip

UHM GAIS WERE IN A BEAR MARKET TRUST ME IVE BEEN ON BIZ FOR OVER 4 YEARS

>>25904370
seethe

>>25904279
It might get down to 10k next year, but i doubt it will get back to 3k.

>>25904375
delusional

>>25904279
>FUD
It's not going to 3k, but there is a very good chance it breaks down from here to the mid 20's or even lower 20's. DXY keeps dumping though. If it were climbing, BTC would already be dumping. In 12-16 hours we should know which way things are going to go. Until then, wait and watch.

>>25903671
I don't think so.

>>25904375
Theyre DCAing down for the 2024 run

>>25904412
If it breaches the 30k buy wall it will probably collapse to upper teens and settle in the low 20s before crabbing down for 2 years

Eternally priced out fags and envious nocoiners trying to convince others to sell is epic, how will they be at 100k lads?

WE'VE GOTTA BREAK 36 BROS

>>25903888
CHECKED FAGGOTS

>>25904506
I always tell people to hold, even though I'm waiting for my chance to get in. I don't understand the mentality of someone that actively tries to financially fuck up strangers on the internet.

>>25904500
I doubt it. There's a month of accumulation between 18-20k, 20k support will take a ton of volume to pierce.

>>25904506
stop trying to get newfriends to buy your bags

>>25904506
>priced out
How can you be priced out of something you can buy in fractions

WTF ITS NOT STOPPING BUY BUY BUY I JUST GOT LIQUIDATED

OOOOOOOOOOOOOOOOOOO

ALL IN 100x LEVERAGE

LETS

FUCKING

GOOOOOOOOOOOOOOOOOOOOOOO

absolute bobochads defeding the 34k apparently the true price is betwee 34k and 30k

>>25903671
WOOOOOAHHHH WERE HALFWAY THERE

WOOOOOOAHHHH LIVIN ON A PRAYER!

>>25904550
Goodluck to you but trading in and out of bitcoin is like trading in and out of tsla stock since it listed and I’m a tsla whale, sure you coulda made a few bucks but the hodler bought, held with no stress and you can see the macro chart is nothing but higher lows and higher highs Same as bitcoin, people are so obsessed with buying low and selling high when really all they had to do was buy and hold, at any price was fine if they kept buying they got bailed out again and again . The money is made in the waiting, bitcoin has these surges where it goes 2-3x in one quarter then corrects but still higher then it’s take off point so if you miss that quarter it fucks your whole position up

>senate confirms outlaw of all crypto
>too much risk in the hands of degenerates
>pic related

cringe thread

remember when we broke 24k and we all listened to this. lol fun times frens

anyway thread theme: https://www.youtube.com/watch?v=UqyT8IEBkvY

>>25904724
Look at previous BTC run ups you retard, HOLD is fine if you want to hold the bags you bought at the top for 3 years, even then, no guarantee it will keep going up forever (spoiler alert: it likely won't).

>>25904724
There's sense in having a core position and a trading position. Over time, as you move towards whale status, the relative values of those positions can change. I don't ever want to be caught without cash to buy large dips.

Wtf r u talking about I dont see shit

>>25904599
True price is like 22k

>>25904819

Senate fucks doing all they can to squash BTC is a real possibility imo.

>>25904916
pipe down newfag I was buying Tesla at 110 while you were still in your dads nuts and btc are three digits and I’ve heard the same thing on both assts since then, it works till it doesn’t faggot when it’s 4-5T market talk to me

>back to 33.7k
AHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>25904724
Thanks for the protips, fren.

>>25904510
i said the same thing. but if it didn't happen today it's probably not going to

>>25905152
It has 36 hours to Show strength above 32.5k if that fails then 27k is coming, possibly as low as 22-24k

>>25905152
We're gonna make it bro
If we don't, it just means we get more cheapies so it's a win win

>>25904279
>but they'll run out of steam soon
people have been saying this for like 7 years now. Sorry nocoiners, but this just keeps going up (zoom out fag).
>a few people are trying to keep it alive
yeah lets just ignore the multi millions being invested in from s&p listed companies & insurance funds, macro hedge funds and literal billionaires.
cope & seethe, retard

Nothing unusual about these drops on bitcoin in a bull market , it gets overcooked

>>25905186
This. First thing it needs is an hourly close above the 21 hour ma.

Shill me a coin to turn 2 eth into 10

looking to gamble tonight biz

>>25904316
No ones buying your bags

>>25903671
exited my neo short, you may now scalp some long profits for the next 6 hours

>>25905340
bucc

>>25905386
Doubled down on my short. The H&S is obviously still happening. Pure bull desperation pretending its not.

>>25905340
YLD app
App for bringing together finance options (like yearn or aave) and making them convenient and cheap for people with low and high funds
Fantastic UI and funds insured

5m market cap

Unironically 10x, but wait a few days because there's a token distribution soon.

>>25905340
bao

>>25903968
>checking your own digits in a post
ngmi

>>25905281
nice, means i can continue my ETH short

bros its fucking over

lmao the cope in this thread is off the charts, btc is no doubt going back to $20k

Newfag here, 3% of my portfolio isn't in btc. Do I liquidate and go all in?

>>25903671
What happened?

>>25906796
either buy a break above 36k or wait for 24-27k

fucking bro did u lie to me?

>>25906012
The only question is days or hours left. Many people aren't going to take profit sadly

>>25903671
the fuck are you on about? nothing has been rejected yet - btc is still deciding

>>25903671
>>25906583

>>25905315
memelines don't even fit kek

>>25903671
33K REJECTED AGAIN

>>25905281

Bitcoin has been trading in red for 5 consecutive days and you're lying to us that it's unusual lol

"this time will be different"

NOPE

>>25907559

correction: "not unusual"

>>25907559
kek 5 days, I’ve seen it move down in a bull market for 7-8 weeks before mongaloid

>>25907687

with the exact January timing as with the rest of the bull markets that ended in tragedy ?

ROFL

you idiots fight on the micro and that’s why you’re poor and have a net worth under 7 figures, Muh daily candles are red, the real Gs like myself get comfy early and ride the macro and milk the whole move

>>25907717
>muh daily candles are red which is bearish
so this is the kind of people that invest in bitcoin. you have to go back

>>25907687
The pullbacks have also been as short as 4 days, you absolute cock sucking faggot bitch

>>25907717
>7 figures

Ok, yeah, you confirmed you're poor. My trading portfolio is 8 figures, and I still consider myself a minnow. You're absolute joke

>>25907701
btc is up 11000% from the bottom in March and you’re shocked at a few red days, the fact it’s jan means nothing it’s related to the halving cycle newfag, again poor people making noise about the daily and rich chads are chilling cause they’re early, Wether it drops back to even 20k means nothing to me I’m in from the 400s . If you must, Compare this to jan 2017, I remember this as though it was yesterday for me cause im not a newfag loudmouth we broke ath of 1k-1200, ran a little higher; dumped back to 8-900 on a wick then ran to 19500 in 11 months with 30-41% drops in between, relax son this is nothing new

Should break one way or the other within the next few hours. DXY is bouncing back above 90, so my guess is it breaks down. I plan to buy the dip.

>>25907830
I have 8 figures in just btc kid, go back

>>25907838

exactly the same as in 2018

Post alpha and get jumped on by newfags and peasants thinking If they scream one direction on 4chins it’s gonna pump or crash the market, kek this is why ogs don’t post here no more

>>25903671
I just bought in Yesterday
Cashed out with all the other trump Anons and all-in BTC
FUCK THE FED

>>25907838
lower highs and higher lows what don't you understand about that? if it can turn a dime like nothing without an actual bottom, then it's too volatile and "buy the dip" just means gamble

i have 2k what buy
i already have
link
eth
lto
ada
pnk

>>25907910
The quality of biz dropped off after the plebbit invasion

Half the people here are newfags and the other half are nocoiners from /buttcoin, anyone who made it from early Btc, bittbean, eth, Link etc bailed

>>25907923
>"buy the dip" just means gamble
Getting out of bed in the morning means gamble. Everything is a gamble, the trick is to manage your risk. That bottom support line tracks back to the beginning of the h&s formation on January 2nd. We break that, and the next support levels are in the upper and lower 20k range.

>>25907915
oh no no no IT'S GOING DOOOOOOOOOOOOOOOOOOOWWWWWWWWNN AAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>25907930

bitcoin you fucking retard

In my opinion this is a full breakdown. It's history repeating from Jan 2018.

Why hasn't Peter Brandt tweeted that the parabola is broken?

>>25907833
>2018
Are you still in complacency? you should be in panic

>>25908157
Comparing a macro top after a 20x move from ath to a micro top of a 2.2x move from ath, ngmi

>>25908210

10x since March, though. And don't expect every bull run to have the same gains, retard, otherwise we're going to infinity in market cap

>>25908242
“10x from a black swan once in a decade event”

>>25908210
Exactly, people are sure we're just going to have a quick 20%-30% dip because for some teleological reason BTC is supposed to go to 100K this year. The market is doing a maximum damage move.

Maybe it will go up fast again, but we are in the midst of a bearish breakdown for a while. We have a fully pierced parabola for fuck's sake

It’s been said already but 24-27k is a good buy point, I for one won’t be letting these plebs get me outta my crypto, I didn’t at 3k, I didn’t at 12k, I didn’t at 18k, I won’t at 24-27k either should we hit it

>>25908134
Volume is much higher now than in 17. Just look at the charts

>>25908287

And what the fuck was the dump from $1200 to $170 ?

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>25908339
This. Never selling. Weak handed fags dont make it to the citadel.

it's almost back up to 34k

>>25904819
>outlaw
How, exactly?

>>25908406

Any candles from January-February in there ? :)))


Nope

>>25908358
Not according to this, but I'm not sure if I'm looking at it right. I'm pretty sure that the bulk of the volume comes from institutional investors who buy over OTC desks and Grayscale just started accepting investor deposits again, so hopefully you're onto something

>>25908403
It's just chop

>>25908425
We crashed 35% late dec 2016 to bottom in mid jan 2017 newfag, then btc went 19x from there that same year . kek, such a shame when idiots talk

>>25908506

mid january...hmm what a coincidence lol

>>25908562
So your argument was that there are no candles from Jan, yet you find out we did crash late dec to mid jan, 1250 down to 800s. Before going to 19500 that same year, what’s your argument again? Just stfu and either buy the drop to 24-27k or dont nobody with real money cares if you pajeets buy or not

>>25908498
>It's just chop
dont think so but ok

We're going back up boys

>>25908658
The 21 hr and the 21 day are converging. It's going to break and confirm one direction or the other within the next few hours. An upside break won't really be convincing though unless it can climb back up over 36k.

Up $2,000 more and we are free boys

>>25908710
doubt it

It better not treat yesterday's low as a resistance

what did it finally move?

>>25909187
Yes, funding rates are trending towards 0.01% and the price is trying to reclaim yesterday's low

Ideally $34.000 should now become support and be retested

>>25909264
>Ideally $34.000 should now become support and be retested
The hour close is still below the 21 hr resistance. Let's see what happens with the next candle.

>>25909454
where is the 21 hr resistance?

>>25909697
34030 or so. BTC just rejected from it again in the last couple of minutes.

>>25909264
oh great so we're gonna have another week of this shit?

>>25909749
We'd be very lucky if this thing gives a chance to sell at $35.000 before collapsing completely

>>25909768
I mean retested in the span of a few hours, but imo we are going to collapse down to $30.000 at least soon

>>25908418
Burgerland is a totalitarian state now, they can do whatever the fuck the want.

>>25909796
I sold this morning around 35500 once I saw the potential h&s developing. Not everything, but all of my trading capital. I'm about 40% cash 60% cold storage right now, ready to trade this either way.

>>25903671
This is gonna correct back to 20-25k levels then go up from there again.

AAAAAÀAAAAAAAAAAAAAAAAA

>>25904550
They will actively profit from you selling by forcing the price lower to a point they have big enough balls to buy in. I want the price lower so I can accumulate more for a few years but I'm not gonna tell you to sell.

lol what the fuck was that movement

Op here, I want evrry Bobo in this thread to personally apologize to me right now

>>25909954
>lol what the fuck was that movement
That's an upside breakout if it holds.

WTFWT

>>25903671
AAAAAAAAAAAAAAAND WERE BACK BABY

>>25909967
yeah, triangle breaking to the upside. Let's see where it goes

Wow, nice pump. Who’s ready for the ride all the way down?

>>25910023
>Let's see where it goes
Yep. I'm not ready to long it yet. DXY is down below 90 again, which helps, but sometimes these breakouts reverse within one to two hours. If this holds and ideally breaks above 36,400 in the next few hours, then I'd say it's game on again.

>>25904724
>The money is made in the waiting
Correct, that's why I can wait 2-12 months for bitcoin to collapse to load up more. not buying at 30k

bears are exhausted. nobody left to panic sell. strap in lads

>>25903671
35k in the minus 5 mins

>>25910096
>buys outrages prices in the night
>just to sell to bears at a loss in the morning

>>25910096
Don't get too cocky. This is institutions dumping to generate retail panic selling to pick up more shares. This could still easily be a bull trap. I'm not touching it until it clears the top of the right shoulder at 36.4k

>>25910218
true true. lots of peeps still on verge on panic mode. i loaded up at 4.5k and at 6k so all the same for me really

35K

AAAAAAAAAAAAAAAAA

oOOOOOOOOOOOOOOOOOO

>>25904279
Lmfao

>>25910293

>>25910218
what happens if it doesn't clear the shoulder? would that mean it'll bomb down to 20 or would it just keep us in the same place?

35k just anally ravaged, we've got a long way up to go fellas

This shit is pumping with a thin buy support.

The capitulation will be a great thing to witness

>>25910405

It's done this all fucking week why are you fags getting excited?
35 is the speed limit

EVERY DIP IS AT NIGHT WHEN I AM ASLEEP

>>25910405
>what happens if it doesn't clear the shoulder?
If it doesn't clear, then it's tough to call. Could crab or dump again - have to see what the price action is. But if it does clear, there's a good chance we go above 42k in the near term.

>>25910491
yeah it was rejected lol

>>25910474
isn't this a best case scenario? whats the other option?

long red candle dick inc

>>25910562
Not over yet sirs..

bbbbbbbbb buy more sir...

>>25908318
>teleological
>pierced parabola
>maximum damage move

How much did your humanities degree cost you anon?

man, if we can just fucking close on the 36k on like the 4 hour chart, we're headed back to test 40k. let's fucking go faggots

>>25910927
hahaha. I'm an engineer but I learned 90% of my crypto vocabulary from twitter gurus

>>25910972
>Engineer
Makes sense. What kind of engineer?
I am a software guy, but unlike you I don't need accreditation to fuck up at my job. I can do that for free.

>>25910991
Industrial / Operations Research

Everyone knows h&s is bullish in crypto. Gay thread

>just put in a sell for 35,000
>its taking too long
should I adjust?

down

up

crab

>>25911714
Wait until market open, or rather just before market open. It will likely bump up, and if it doesn't consider lowering your target. I personally wouldn't, but I did sell out half my stack at 35k after it ran down nearly to $30k. I will sell at $30k if it breaches, then buy back in later. But if it doesn't breach I'll wait for the next drop at $40k, 50k, etc.

>>25904375
No way that's 10 individuals buying over a billion each.

>>25911714

barely any buy support to $33k

someone is probably pumping to get out of the fatal head and shoulders, but the support is inexistent

>>25903671
HOLY SHIT WHAT THE FUCK WAS THAT

WERE PUMPING BOYS

WERE BACK ON SCHEDULE FOR THE FABLED GOLDEN BULL RUN

BOBOS ONLY COME BACK FOR CORRECTIONS KNOWING THIS IS THE BEGGINGING AND LAST PUMP HAPPENS A BIT AFTER THIS SUMMER

>>25903753
1 minute chart is based for trading crashes

>>25913470
Is everyone here trading on 10sec candles?

>>25904162
holy shit I love these bobros

>>25913546
i only use 2 years candles were all green since it all started

guess its going to new ATH, very gay

>>25907833
2017 is lies

2017 January breaking ATH meant going +10% higher then dumping to 890-900 for 3 days at the end of january.

2017 daily-drops of 30% where caused by announcement of hard forks, segwit, miner wars and bitcoin cash. Then the hard fork actually happning caused going from 4800 to 1800 in a day.

After bitcoin cash split in august 2017, there was no 20% drop in a single day until bear market arrived.

>>25913168
This lmao, market is dead af, legit on life support right now

>>25903671
Not the only buy desu

>>25913470
Is that screenshot real? What an insecure turd, holy shit.

>>25907901
literally no sensible reason as to why the dollar should recover and not break down with everything going on.

>>25904569
>There's a month of accumulation between 18-20k
this doesn't mean nothing

>>25904052
>>25904162
>>25904279
>>25904271
You niggers need to stop living in the 1m charts Jesus Christ.

If this H&S plays out it is the end of the bullmarket with us dropping below 20k and bleeding out to 5k from there over the next few months. If it will ever recover to anything close to 5 digits is up in the air.

The bears dont realize this but Bitcoin is a new paradigm that doesnt listen to old established market rules. H & S pattern simply doesnt matter the golden bull will run free anyway. New. Paradigm. Bby.

>>25914464
Not with the money printing going on.

>>25914464

Well, the US dollar is pumping right now

>>25914642
>-0.15%

PUMPING REAL HARD MY GUY

>>25914641
You typically don't notice inflation until way later down the line. They can print a gorillion shekels but your buying power tomorrow will still be the same as it was yesterday. That money needs to injected into the market and circulate for a while first.

>>25914642
zoom out

>>25914720
They haven't been able to produce CPI inflation, because the population is ageing and people are generally consuming less. It's entirely consumption led.

The money does massively pump hard assets like stocks and real estate though, which is what we've seen.

>>25914775

Zoomed out...

noticed some similarities ?

>>25914819

>>25914819
You're supposed to crop it.

>Well done, bulls, well done.
>HOWEVER

>>25908360
So weird people take their fiatmoney over a completely new and unregulated digital currency noone had ever heard of at that time.

>>25914819
Zoom out newfag, I agree it’s support but it’s been breached many times before and this time around it’s the Democrats in power funding an endless lockdown and talking about another 3T in stimulus

>>25914787
>>25914642
>>25914641
Inflation is per se not bad for me and you except whales and billionaires

If everyone gets 10 000 dollars in hand freshly new printer money, for me and you it means a lot
For Muskrat and Jeff Bozo they dont notice it at all

Bitcoin only rewards the early adopters and never late-comers, everyone who came later than 2015 is a victim of the pozzscheme

so when are bogdanoffs making the call

>>25903671
>with no volume
that's not good

>>25903671
this anon's advice on arpa is quite based. my waifus just want it for the bella rewards but i think i can make it happen for btc too

>>25915199
Yessir, cut my wage, yessir sneak money from my pocket, yessir increase my cost of living

Is this shit going to fucking dump or what i can’t take this anymore, i purchased at 36k

>>25915960
cozy wednesday 10-15% dump

>>25915960
Everything always dumps on wednesday anon.. it is known

WHAT WAS THAT

A HEAD AND SHOULDERS JUST CRASHED NEXT TO MY HOUSE

>>25905340
PRQ or FRONT

I dont know whats happening anymore

When will it reach 40k so i can sell before the big crash?

>>25916479
Bad news..

>>25916157
DID LINK JUST START ALTSZN?!?!?!?!?

Fucking 34k crabcoin...

>sold the local top
weekly candle will stay red. ill wait for monday to judge whats going to happen.

>>25916605
my lord, what the FUCK is wrong with you people, a 2% pump, start an alt season?
even then, ETH will start the alt season and not this piece of shit json parser

>>25915960
kek, you dont buy at this point. Everything is looking bad fir bulls

>>25904375
>exchange wallets grow during dip
No shit because people sell lmao

this is the new paradigm, this is the endless bull run, we are going to 1M$ EOY all the celebs and normies are buying BitCoin in twitter, they can't be wrong!!!

>>25904279
First sell off you pajeet. BTC will be going to 200k.

>>25908721
Probably going to break down, thats what it tended to do. Which makes sense also since it just had a huge run from 10kish. Few weeks down, accumulate and then climb back up.

>>25914072
yes its real

there are many screenshots of him acting like an assssss lol or a onions

We are stuck in a holding pattern for 15 days before 1 mores dip. See pic for similar example.

>>25914542
Don't say the Lords name in vain

>>25919079
based

>>25919079
A kike is no Lord of mine.

>>25918619
It's a classic Wykoff re-accumulation trading range. That last dip is just to fuck with people (leveragers get liquidated, support obliterated) and the big players get to pick up more for cheap. It's called a spring.