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/biz/ - Business & Finance

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49314669 No.49314669 [Reply] [Original]

What's the bottom this year bros? I'm not sure, but I think we'll revisit 25k and even 22k again this summer before we see a massive melt-up end of October.

>> No.49314682

>>49314669
Sub 20k for normalnewfagniggerrapper capitulation.

>> No.49314697

>>49314669
It will definitely go to $25k. That is just like a 8% drop. It will do that in a day.

>> No.49314713

The bottom isn't until you're certain that this was the final cycle and you don't even think about buying crypto anymore because why throw your money away?

>> No.49314719

>>49314669
26.7k was the bottom. The capitulation is over.
>Extreme fear
>Bobo's euphoric for sub 25k
It's painfully obvious this is the bottom.

>> No.49314730
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49314730

>>49314713
So true

>> No.49314745

>>49314669
17k wick

>> No.49314769

The issue is that there is no good economic situation on the horizon and everyone who HAD money to gamble on crypto already blew it by now and got burnt.

So the entire crypto market contracted to see what is going on on the macroeconomic level.

I'm expecting no major positive movement in the crypto market until the next presidential election. Biden is just too inert and incompetent to get anything done so the whole market is cowering.

>> No.49314930

>>49314669
Literally why would you specifically predict a massive sell-up at a specific time immediately after

>> No.49315118

>>49314669
everybody knows it's going to hit $5k before the massive bounce.

>> No.49315141

>>49314769
>Biden is just too inert and incompetent to get anything done
by inert and incompetent do you mean malicious and terminal?

>> No.49315143

>>49314669
Financial Hurricane

>> No.49315567

>>49314930
immediately after a big sell off? Market determined prices are totally real whether you like it or not

>> No.49315669

>>49314669
Think of the downturn like a BBC. Bigger and longer than you expect.

>> No.49315696

The "bottom" is the natural price for BTC, which is around $6k. As in $6,000. As in $5,900-$6,100 average.

>> No.49315744

>>49314669
I see a strong support at $0.

>> No.49315792

>>49315696
lol
>bobo euphoria
yep im thinking im gmi (again)

>> No.49315866

>>49314697
>8%
AMERICAN EDUCATION