/biz/ - Business & Finance

>>29901661
19k

My bitcoin is down 25%, but mochimo is up 100% already :)))

>>29901661
20k

>>29901736
This. Maybe even a little bit lower, but not much.

>>29901661
38k

>>29901661
RSI already thinks under 44k is over sold
Its bounced past 44k multiple times
Its stayed between 43k-47k for whole weekend, the huge dump for sunday would occur between 4-7AM EST, so if we survive the 12PM dump, then the bottom is effectively 43k-44k

>>29901661
60k

>>29901661
0

'Bout tree fiddy

>>29901736
>>29901787
serious replies only please, if you actually believe it will go that low, you are very misinformed.

>>29901661
40,367USD
screencap this and put it on your license plate

>>29901899
>>29901788
No predication.
Meme reply, doesn't count.

Reroll

30k

>>29901962
Dat wudnt no meme whyt boi. Dis shit gon' crash an burn. Tree dolla, fiddy cen.

>>29901845
Accurate analysis, don't see it going lower than where we currently are and under 40k being impossible unless we get some catastrophic news.

30k

>>29901661
29k

>>29901661
0 dollars

this is the bottom.

$17500

>>29901661
$18k

$39,999

>>29901661
3k

>>29901661
90% correction that's what shitcorn does in bear markets

>>29901908
>misinformed
You say this like there's anything about BTC. It's entirely speculation

Meine dubs say 43k bottom
66k eom

>>29901661
$42.5K

Everyone is going to get dumbs you retarded faggot

>>29903311
ok it is known

>>29902105
>catastrophic news.
The stock market is about to collapse. The signs are there. Bitcoin won’t do well until the recovery of everything begins.

>>29901661
I'm ready to face the reality that this is the long slow decline for the next 3-4 years before the next bull run. I'm hodling through it, but I feel much more peace of mind settling on this than to sit here and keep thinking "Is this the bottom? No, wait, is THIS the bottom?" I don't have all my hopes and dreams wrapping up in my crypto investments, so I'm pretty much at peace with this.

>>29903311
I'm fine with this

38k then rocket back to 50k with stimulus

>>29901661
8k within 3 weeks

$40k today but not below
then depending on how stock markets act on Monday we will either go up from there to $60k+ or drop down to $5k again
I sold everything on Feb 19th at $54k after the 10 year yield confirmed its breakout

>>29903311
Nice. Impressive

This would have been one of the weaker and shorter run ups in crypto, which would give credence to the whole dome theory of bitcoin price thing.

I really think it’s not as hot because retailers with under $1000 can’t get in on Uniswap ponzis because of outrageous fees. I would have fomo’d into no less than four rugs last week if it weren’t for the ~20% fee for each swap.

>>29903391

I thought like this (with stocks) but I still liquidated. If you really believe it'll crater 40% or more, why hold on to your assets.

My prediction for BTC is 10K by the way. I'll consider buying a little at 20K though.

>>29901661
15-18k

>>29903656

Honestly, with these fees only serious hobbyists already shit rich off years of playing shitcoins are going to be playing the latest get-rich-quick cycle with these random coins.

>>29901661
Btc loves big retraces. It's going down to 12k.

>>29901661
Getting pissed at this crash. It was suppose to be lower. Cant even buy LTC below $150. Absolute shit show for people like me who saved and waited to buy low. BTC wont even touch 40k at this rate.

>>29901661
500 dollars

>>29901661
$40,341.67

>>29903944
This. I'm finally ready to buy the dip and it's not even that great of a deal.

>>29901661
40k sounds about right. Weekends usually dump and the dump so far hasn't been vertical so it might not even hit 42 yet.

My worry is that the monday pumps in the last couple of weeks haven't been able to recover from the weekend dumps. There seems to be an overall downward trend.

Also, most alts are bleeding real bad which means BTC isn't going down just because it's alt season. If we don't start pumping back up above 50k in the next couple of weeks, I'd say we're looking at a soon to come crash.

>>29901661
just one more flash crash I need to buy back in DOT.
please one more crash

man the market is crashing. But I do myself a favor and collect waves as the price drops. I will make good money soon with good news.

>>29904219

I don't get this TA-like idea that the soft downward trend means BTC won't eventually go in half. Looking at the 2018 chart, it took more than a month for BTC to go in half.

I bought avax from dip but i hope there won't b any more dips... Iam safu for now

I think the price will start to rise in 1-2 days. I entered a NSBT buy order.

>>29903695
Taxes, mostly. No taxes for hodling and accumulating. And I do pay my taxes. I'm not happy about it, but I'm less happy about Federal Pound Me In The Ass debtors prison.

>>29904104
LOOM not even under $0.10, LRC barely wiggles from 45-43. Link will crab for 6 years before getting $10 back. ATOM has some hope.
Tezos is the only fucking coin worth all the trouble.

>>29901845
>>29902105
Imagine thinking an asset you have to talk so anxiously about is a store of value

I'm long term BTC investor. I didn't sell my portfolio. Stakeing on swop.fi

>>29903364
Do these “signs” also tell you that you’re a faggot with no evidence?

i got some waves from 9, hoped it was bottom but guess what... :D, it is ok i was gonna stake it at swopfi anyway

Now

>>29904442
even dogshit like RLC somehow stayed above $1. this is pathetic work from bobos.

Reminder than people said it would go back to 12k during the dip just one month ago. Never listen to /biz/.

it doesn't make sense to buy crypto money right now. That's why i stake on swop.fi with good apy rates. My earning contiunes.

>>29903695
I can barely believe I'm typing this but if the market crashes and the Fed does nothing or very little I'm buying Berkshire, fucking Berkshire..
I think there's a risk, albeit very small, that the Fed will start applying discipline now to save the dollar and rein in market exuberance
if they do... just imagine what Warren will do with his $140b cash

I bought waves and buying when every dip so I will gain more

My precious swop will rise again and I will be rich

>>29904589

>And the Fed does nothing

Lol. They really can't imo. If they raise rates USGOV will implode under the payments of its gigantic debts. The Fed needs to destroy dollar value to save USGOV from its retarded debts.

>>29904578
was that dip -25% though?

>>29901661
We're just skipping right past "return to normal", aren't we?

>>29904589

Just disregard him shilling his gold mine, otherwise this guy explains it pretty well https://youtu.be/O8JFFK71PCc?t=159..

>>29904885
32%.

i lost confidence and bought 1360 eth. i wish i waited longer.

one false move and eth shoots to 3000 while you wait for the dip

>>29901661
40k

>>29904833
right now the Treasury has over $1.5t sitting in its general account which it can use to fund government expenditure
not saying I'm 100% sold on the idea, I'm saying that I will keep a damn close eye on the Fed over the coming weeks and if, against all odds, they let things fall and the gov't applies discipline I will buy Berkshire
>https://fred.stlouisfed.org/series/WTREGEN
if the Fed starts printing more now it's game over, the dollar is finished and their power is forever lost... unless they back it by gold again..

>>29901661

>>29901661
0 american dollar by april

and all the black bitcoin sluts who invested too late will now suck my cock to make up their losses

>>29901661
4200

>>29905276

Doesn't value stock drop just as much in a real recession? Because I fear that's what real budgetary discipline would entail.
By the way, like that guy in the vid said, 1.5 Trillion would be the interest rate of a YEAR with 5% rates. And even then it would probably just spend it by buying bonds, still crushing the yield curve

>>29901661
The lowest it will go is 58k, theres no way bitcoin can fall below 69k, 83k is the worst it'll get and you'll be looking silly, only serious financial astrology in this thread, because we're breaking 100k tomorrow, the current prices are made up and fake its not falling they're just trying to make you sell for one tenth the fair market value

>>29903655
So mote it be

>>29905225
I also bought the dip and will buy more when it hits 1100

37230

>>29901807
only accurate answer

>>29905703
damn i really hope we dont see 1100 until next week

>>29903311
Checked

>>29903311
dubs dont lie, im going all in

5k

>>29901661
37k

>>29905536
>Doesn't value stock drop just as much in a real recession
not as much as the tech 'growth' stocks
the reason I'm talking about Berskhire is only their cash position and lack of debt, $147b cash and $0 in debt
the companies they own will most likely continue to provide dividends for Berkshire as well, but yeah, the Fed becoming the buyer of only resort for bonds and having to pump out trillions is the more likely scenario in which case Berkshires cash position will become worthless
I already own gold and gold miners for the likely scenario, would like an option for the less likely scenario as well

>>29903311
checked.

>>29901661
Are we talking wick price? I predict a dump after midnight euro time with a wick down to 35k, bounce back to 38-40 and then crab for a couple days.

14k

>>29905929

>not as much as the tech 'growth' stocks
Of course, of course, but if we have a ridiculous 70% correction (just talking out of my ass here, but I really think it can happen) will you be happy if your stocks 'just' collapse 50%

>continue to provide dividends for Berkshire as well,

A what, 4-8% divvie won't compensate for a 50% crash.

>I already own gold and gold miners for the likely scenario, would like an option for the less likely scenario as well

But it seems like the less likely scenario is a deflationary spiral, if we assume all stocks collapse and the value of the dollar appreciate... Fed will never let that happen. I just don't see how it could ever come to pass fren.

40k, then 60k, then bear market til June

>>29903654

Smart selling on the Bond market break out.

>>29906187
>if we assume all stocks collapse and the value of the dollar appreciate
then Berkshire would have a field day with its mountain of appreciating cash and fire sale stocks
I'm not talking about buying it tomorrow, I'm talking about buying it if the market crashes and the Fed does nothing, the Feds absence will be very obvious and everyone will be talking about
at that point, when everything is down and people are panicking not knowing what to do Berkshire might be a good long term buy
it's highly unlikely but its good to have a plan for every contingency
>>29906413
thank you

>>29906731

But isn't this a percentages game instead of an absolute numbers game? Midwit take perhaps, but say Berkshire has 20% cash in a deflationary scenario. Buffett probably won't liquidate 80% or whatever of his folio so it might still be a net loss in such a scenario. So you could keep 40% of your folio in liquidity and buy fire sales yourself. Why wouldn't you do better than Buffett?

>>29906731

Although it might be a good long term bet if everyone starts to think like you and Berkshire gets a huge inflow

>>29903311
Checked. Just in time for payday. Yey.

>>29907287
yes, Berkshire would be at a net loss in terms of its stock holdings and it would drop along with everything else that's why I wouldn't buy immediately, rather only after it and everything else has dipped and Fed inaction is confirmed
the idea is to leverage my dollars by buying a solid business with $147b in cash, zero debt and good incomes
I could go out and buy other stocks myself but which to buy? how to find good value amongst thousands of companies in such a scenario? I'm not able to do that that, but Berkshire can handle all that stuff for me
Berkshire can also acquire entire companies, many of which are 100% private! I could never tap into that market

>>29903654
Wow there's smart people on this board

43,500

38320

Once it goes under 40k a lot of people will panic sell.

>>29907905

Hmm, good logic anon. I'll keep it in mind.

>>29907905

One thing I still have to mention: If the fed does nothing and we enter a deflationary scenario, we're going to hurtle straight into a Depression. It won't just 'dip' but spiral down further and further. Not a time to be in stocks at all, maybe. Although if the economy does bounce back, you will have a good position.

>>29904427
I understand about holding for taxes but remember you still may make more money selling right now at a higher capital gains tax than holding until the lower rate comes into play.

>>29904427

Fair enough. But can't you just convert to fiat on Binance and keep it there?

>>29901661
36000

>>29908515
indeed, the market would suffer for a very long time and we would most certainly not see any explosive returns

>>29902105
>under 40k being impossible unless we get some catastrophic news
it was 5k just a year ago, you certified nutcase

>>29908582
There is a threshold I've got in mind that if crossed, I'll likely withdraw thinking along those same lines. As we get closer to it, I may reconsider.

>>29908645
Converting to fiat is still a taxable event.

>>29902105
>unless we get some catastrophic news.
How about the news that I just sold?

237k EOY

41k

>>29904526
>10Y rate + deficit
You need to go somewhere that isn't /biz/

>>29903311
That's not bad

>>29910893
we'll be at this price point in a couple hours

>>29901962
gonna need bout tree fiddy per buttcorn. Aint getting it no cheaper. The dubs have spoken.

The second we got back up to 44k today I'm opening a 50x leverage short
See you at 38k

kek
>begging about shitty coins
>lose everything
>whooping 4ch on every topic

I am not stupid to take this way, my wallet with GSX, I know how to make win-win stuff

>>29901962
>>29902105
>dubs predict
>ignores dubs
Cool cope OP. Hope you get liq'd

Normally what happens is a initial 15-20 drop off a d over the next 3 months it bleeds an additional 15-20 before rallying failing and bleeding one last for another 10-15 normally what ever the peak the bottom is 45-55% of the new peak each time it will have flashes for new hourly lows but it will then slowing climb up and around 90% of the previous all time high it will rallying break spike and repeat see y'all in June 2022

>>29911387
What? Are you drunk? It is going up from here. By end of march it will be doubled if not over $100k. This "crash" wasnt a correction as some might thought would happen, it was a short seller group hoping the march crash was going to happen again, once they found panic sellers werent happening they are now panicking.
If BTC rebounds today to over $45k they are all financially ruined by end of next week. Look at how they are spamming the board, they are going to get completely wrecked.

>>29911904
So the squeeze hasnt been squoze is what you're saying?

>>29911904
>This "crash" wasnt a correction as some might thought would happen, it was a short seller group hoping the march crash was going to happen again, once they found panic sellers werent happening they are now panicking
this, looks eerily similar to the GME situation. bunch of overconfident """institutions""" (chink miners cartel) shorting the fuck out of BTC and attempting to crash the price. unfortunately this time retards like Musk and Saylor are buying every dip, and moonfags like Cathie Wood convinced hedge funds and other deep pockets to ape in. now they're scrambling to suppress the price further to exit their positions. it isn't surprising that today went their way since sundays + march are historically bearish, but if 43k is all they can achieve their are about to get liquidated, hard.

>>29901661
32k

>>29901661

>>29901661
About $39,000.

$35k

>>29912308
>>29912315
Basically. It was easy to see at the 45k buy wall. They were selling straight until it got to the wall. Then bought right back. Waited about an hour and repeat. No one was biting. They finally got past it, but to only get this far, on a sunday? where last year it got slammed (kung flu reasons). This is the best they are going to do. Once it gets back to 44k they have to buy back or suffer even more crippling loss.
Who wins? Everyone but them. Everyone got cheap alts and btc about to moon with stimulus.

>>29912555
so what, return to normal?
>>29912672
>It was easy to see at the 45k buy wall
you might be right, depending on how hard BTC bounces off the current level it will confirm this theory. they will have to buy to close their short positions after all, but I doubt $43k is low enough for them to break even.

$35k in the next 24 hour dump then back up to 45

I do TA for a living. My prediction is a 38k bottom. Probably next friday. Then we go back up.

>>29901661
41500

$31,000

41 378