/biz/ - Business & Finance

>>27492150
eternal crab at 34k

>>27492150
Constant higher lows for a while now, Elon Musk saying he supports BTC and 99% probability he owns some, Michael Saylor buying everyday, wallstreet people pissed and moving to crypto, inflation, bullish sentiment... we should go up, closing a daily above 35k would be it

>>27492357
That feels like the least likely scenario but I'm not opposed to it. Would give way to alt pumps.

>>27492150
i dont care, i sleep comfy knowing my $250k crypto portfolio will make me a millionaire in less than a year

>>27492150
I am not a consp theorist but i see triangles everywhere.

>>27492150
Nope, if it were a bubble, it would've broken down at pic-related. Now, that's not to say that it can't still correct more, into the mid-20s, because the 20 week SMA is the bull market support line and that's around 20k right now or so, and moving up. But it's certainly not a blow-off top that signals the end of the bull market. Especially when that narrative already conflicts with the fundamental analysis that would estimate the top being late 2021 or early 2022, er the 4 year post-halving cycle.

I'd predict more crabbing in the 30's over the next month or so with a continued mini-alt-season (a lot of coins still need to regain the lost sats from BTC's december/january pump). But who the fuck knows, short term trend predictions are pointless.

>>27492150
Look up the sell volume from f2pool on crypto quant. It's literally one huge seller causing all of this downward movement. Once they are done dumping the moon mission continues.

>>27494325
zoom out

>>27495633
okay

>>27495752
>rainbow
gay