/biz/ - Business & Finance

>>29460557
Denial

>>29460557
First sell off

>>29460557
take off

im gonna buy so many cheap coins bros

>>29460943
>institutional investors
cope, Elon brought it mainstream again, back to 10k we go

>>29460557
Time

>>29461016
This lol
Feelsgood to be latecoomer

it actually is first sell off but we'll be bleeding then crabbing for a month

change new paradigm to elon musk shill tweet and then this chart is accurate

>>29460630
Looking at all the posts below yours, it seems you may be right.

>>29460557
Denial

>>29460557
Early greed

>>29460557
List up redditfaggot, that chart is just working for classic p&ds it has nothing to do with crypto. Crypto is not rising just because people buy it, but because it is starting to become a thing in the real world and elon musk is forcing it. It's just a correction it will rise for the next few years, mark my words.
The only reason it goes down is the normies read an elon post, see that btc is rising and rising, invest, hear about some US Hoe wanna forbid BTC, get scared, btc goes down 1% and they panic sell leading to a cascade of retarded gamblers panic selling. It's just a correction and the only way for crypto is up.

>>29460557
Bear Trap

>>29461035
it's not mainstream until normies are setting up Binance/Coinbase accounts and they stay after work to talk about it

>>29460557
denial

Denial into bulltrap

>>29460557
Tesla invested 1.5B so we're in institutonal investor territory. Public hasn't got in yet
>but my lil bitcoin stock doin some
Low IQ and high IQ are both in now, it's the midwits who think they are too smart for crypto who are going to fomo in after the sell-off and the real moon mission takes off, when every tech company announces their bitcoin reserves, shit will get real crazy. We're gonna see bitcoin approach $1,000,000 and dump back to $100,000 or so

>>29461016
why am I so excited

>>29460557
Between denial and bull trap

>>29461448
denial

Despair

>>29461579
Normie here I just did that

Bear trap.

>>29460557
We've clearly passed the media attention and enthusiasm phases.
We are in "denial".

>>29461788
Everyone is talking about it already retard, this is peak denial

>>29462998
Talking, not investing

>>29462998
This musk's tweets alerted the normies. GME and all that BS was the cause of the bull run. We are headed for the bull trap.

>>29463222
this

>>29461448
except this time some big af whale sold around 30k BTC which caused all this bs. They ain't afraid of such small movements as 1%, their decision was calculated. Also its worth pointing out that due to relatively low market capitalization such moves are expected. Everyone need to take profit at some point. Just enjoy cheap BTC for the time being

>enthusiasm and hype falling off
>media attention dropping
>tax season approaching for many, need to sell to cover
>worst historically performing month coming
>crypto bans increasing in different countries
>price is still ludicrously high
>lockdowns ending, people will prefer spending their money more than investing it

First sell off

>>29460557
considering there already was one little attempt of "buying the dip" and the fact that the media went balls deep on the crypto topic, were probably in "fear"

>>29460557
>day 2 of dumpening.
>march is usually bearish for bitcoin
You're either in denial or fear

>>29463429
>dead cat bounce not showing up on 1D chart
yeah sure

>>29460557
Penny silver juniors like BHS are now the new crypto.

>>29460557
bull trap

>>29460943
this

>>29460557
either bear trap or denial

>>29460557
Somewhere between enthusiasm and greed. We already had the first selloff in January or earlier.
This is a correction, see my shit chart and notice we had very similar corrections in the 2017 bull. A wick down to 35k within a week seems plausible.

>>29460943
this is the second correction, not the first. we are between media attention and enthusiasm.

either that or return to normal. we will see soon. i highly doubt this was the top.

>>29460630
fpbp this isnt even capitulation/fear

>>29460557
This time is different

>>29460557
Capitulation

You guys don't need to worry. Eventually it returns to the mean, and the cycle begins all over again; just be patient. We have gone through this before the mainstream public has not gotten over Bitcoin yet.

>>29466440
Just have to wait 4 years

>>29461035
So tired of that fucking guy running his mouth

>>29460557
bear trap

Between enthusiasm and greed.

Relax

>>29466714
I love you, plus march is always retarded for btc

Despair

>>29461579
They are though, my family has been asking me about crypto and which ones to buy for a week now.

>>29467790
OK but we are still in Feb right now though. Are you saying the dump will carry on to the end of next month?

Is this the only chart pattern? Why is it the only one posted

>>29460557
Denial

>>29468246
it will range between 35k and 50k for about a month is my guess

I have now learned that ATH is always reached 3-7 days after Musk tweets, then dumps
Always sell on day 2

>>29460557
take off

>>29464041
I know her from somewhere

>>29461448
>t. Newfag

>>29469280

How low do you guys think it'll drop to? sold near the top just before the crash, waiting to buy this dip

>>29470321
Probably won't go beneath 44k.
I hope, bought the dip.

>>29465179
It's tough to call but I agree. I think it'll get to at least 75k before a correction.

>>29460557
Bull trap
Sell everything on return to normal

>>29460557

>>29460557
Fear

>>29461016
I have 20k tethered up. Waiting for the bottom

It's a trap bobo

>>29470774
*a major correction

>>29460630
Literally this

Early denial. Will take another 20% hit in the next 10 hours. May recover a little by end of week, then shit the bed down to 10k.

>>29460557

>>29460943
>>29461007
>>29461016
>>29461035
>>29461094
>>29461169
>>29461244
>>29461372
>>29461426
>>29461448
>>29461534
>>29461579
>>29461585
>>29461759
LITERALLY DENIAL

>>29460557
here is the correct chart

>>29461035
Did you think that you were early? It's been mainstream since 2012...
This meme chart only makes sense if you're just talking about one cycle. In case you guys are new and were unaware btc moves in cycles around the halvenings, and the entire shitcoin market is correlated to btc. If you actually look at candlestick charts on log scale you probably aren't even posting in these threads, because a lot of you guys seem new. I haven't read all the posts itt though because they're probably trash and not worth the effort of skimming over.

>>29461579
My fucking waiter was telling me about his new crypto trading methods

>>29460557
Institutional investors bear trap

>>29472748
Too bad most of biz is too retarded to read this chart. I took profits at 47k and I'm not buying back until we drop below the 463 s/f curve. I don't attempt to sell the top or buy the bottom. Look up momentum trading and stop being poor..

https://digitalik.net/btc/#

>>29471960
30% is a pretty major correction my guy (we going to 42k)

Bitcoin is literally following the meme chart. LITERALLY following the meme chart down to a T and you people are denying it like it’s not staring you right in the fucking face. You really think we’re in a “new paradigm” and that Bitcoin is gonna rise forever I advise you to sell now you idiots.

If you buy now you are raped. If you really believe we’ll breach 100K you will be raped. The sentiment in here is classic and the fact you guys don’t recognize this is hilarious.

>>29460557
Return to the mean.

>>29460943
lolol cope, deniual.

>>29463415
>Lockdowns ending
Lmao I fucking wish

>>29469280
him

>>29460557

>>29474811
France is about to lock up again.

>>29460557
Despair.

>>29465179
this

>>29460557
this curve is so retarded. it can be literally fit in ANY day/week/year chart of ANY stock.

>>29463078
Thats actually a girl by the way, its an edit of kuma miko.