/biz/ - Business & Finance

>>29931367
>This is a repeat of the 2017 run - EZ $200k+ BTC
>Good evening frens. I saw a few interesting similarities in the charts of the 2017 run and the beginning of this current run. The three descending wedges become increasingly more steep in a smooth way, not jumping too quickly from one to the next. The wedges also become more triangle like before the major pumps began.
>At the bottom of each wedge, you can see that the RSI tests a support that is not broken until #4 which is when the market crashed. The RSI support is currently being tested, however I believe it will hold because of the similarity in the MACD histogram of the final wedge before liftoff. It seems to be showing a half dome shape that will turn green again very quickly. The RSI support will hold and then head to new highs afterwards.
>
>Currently, the market is still growing faster than it was in 2017, with a 1370% increase over 134 days, as compared to a 426.17% gain over 214 days. We can compare those rates again in another 80 days. The bullrun is nowhere near over.

>>29931772
based

>>29931772
keyed

>>29931772
le ebin trollfacer appears

>>29931883
lockpilled

Another thing to consider is the amount of crazy billionaire eyes looking at the crypto market in general. They know about the typical cycle of bitcoin following a 3 bear 1 bull ratio. Is it so crazy to think that they will try to shake out poorfags even harder to keep them suppressed and wealthless? They can and will break the pattern early this time to catch everyone off their guard for the pump, including the ones looking at this right now.

>>29931367
Hello copesupreme, I will sell you unlimited BTC at 50K, that's a good deal because it's going to 200K

>>29931772

>>29932190
Okay let me buy, oh wait you don’t have an unlimited amount. Fucking faggot.

OP is correct, except BTC is going to 300k on this run and will subsequently crash to 175k... please refer to my ID and digits if you have questions.

>>29932245
This but unironically.

>>29932344
Checked and based. Bots can't into supply and demand

>>29932392
ok fag

>> 29932392 #
you mind explaining why you think it’ll go to 300k. judging by how things are going i think the psychological
peak might be 100k. all speculation tho

The first wave you posted isn't a wave. We're currently on the second, not third.

>>29931952
And the btc options that expires next Friday...

>>29932731
2 more weeks

>>29932718
I think that's reasonable - that would also support a higher peak following this recovery.

>>29932731
Yeah, I think we're going moon mission sooner than expected.

This candle could be the breakout point

>>29931952
explain yourself.
youre saying wealthy peeps manipulate markets to keep the poor poor?
Even if they do, how could they possibly manipulate BTC? there's just too many interests.

>>29933134
how much longer you recon we got OP?

>>29932814

>>29933545
Explain this.
noob here and I want to be rich by having someone like you explain it to me in simple terms.

>>29931883
>>29931935
Go back.

op is correct

>>29933232
They could do a number of things to manipulate the price. There are constantly scamwicks to liquidate overleveraged investors which can easily be done with a mass dumping of an exchange's available liquidity. It may also happen that they decide to front the run and begin buying it every chance possible with large investments. What Square and Paypal are putting in, hundreds of other companies will follow suit.

>>29933534
I think this cycle will break the pattern in many ways. I think the local top will hit early and blow everyone's mind, then it will dip 60% percent or so and immediately rebound to a new, stable, high and continue to become less volatile, forever canceling the bull and bear market cycle of the entire crypto market. If my op holds up, then I think the run starts for real in about a month.

>thinking you can predict future prices based on a 3 year old chart
>thinking you have any control whatsoever
>thinking whales aren't manipulating the charts to make them look like whatever they want
>not being aware of your own gambling problem

>>29935871
>not knowing what btc halving is
frog posters are always braindead lul

>>29934303
Whales who bought these call options will try to pump the price to avoid losing all their investment by being out of the money for the contract.

>>29934303
this >>29936202

Interesting thread OP. When do you reckon the alt season would be. My plan is to sell all my alts into BTC to try and catch the wave. Might be impossible but who knows, may get lucky and pull it off

>>29936617
I think altseason will happen before mid spring. Investment firms are looking into buying alt coins right now.

>>29936617
retard

>>29936617
Yeah don't sell all your alts (unless it's a scamcoin) >>29936786

>>29936855
Was going to unload 50% of them into BTC which makes up exactly 0% of my portfolio right now

>>29936767
big if true. What are you stacking?
I'm link/btc/eth

>>29936957
Get at least some bitcoin. My own portfolio is much heavier with alts - 90% alts/ 10% btc

>>29937115
80% link/10% crv/ 10% btc

>>29935871
let me guess.... you don't have any Crypto currency do you.... lol fuckin faggot boomers

>>29937157
It’s a bit too late at this point isn’t it? Even if it goes to 100k that’s only a 2x from here. I feel like it’s slower pace than some alts

>>29937672
I think you should do your own research and then make an investment based on that.

>>29937444
I was mining litecoins before your balls dropped
Never selling

The sunday dump

>>29936052
his post is truth though, anon
you aren't in control, anon
you cannot predict the future, anon.
you are not self-aware, anon
in tomorrows society... where will you be, anon?

>>29937444
Trips of truth, boomer nocoiners btfo. This bullrun will be a carbon copy of the previous bullruns

>>29938853
I'm betting on it this time.
Other times I helled back and didnt try to do anything fancy like sell the top and buy the dip.
I just hodled.
This time I'm betting on it being a carbon copy and I'm going to sell and rebuy.