/biz/ - Business & Finance

>>49725793
it is too late for shorting

>>49725793
bros what happened to my 20,500 wall??

>>49725826
>too late for shorting
the price is still above $10k though

if it breaks 20k it's unironically over

>>49725793

>>49725793
ape on in, degenerates!

BOBOS ASSEMBLE


Reply to this with your best bobo

>>49725826
No lmao this is only the beginning. Even a 2x short could print you massively in the next hours

BOBROS CHECK IN

>>49725888

>>49725826
bitcoin is still up 20,000x up from zero

>>49725888
ENTER BOBO

>>49725793
NOT EVEN HALF WAY TO 2019 LEVELS YET

>>49725896

checking in

>>49725920
>up 20,000x up from zero
>20,000x

>>49725793
please god crash

Bo bros please stop I can’t go sub 18k or I’m royally fucked

its range bottom bobo, you buy here with tight stoploss

I'll buy 21 BTC at $21k

>>49725920
>amerilard education hours

Bait thread. It's NEVER going below 20k

>>49726030
are you willing to bet on that?

>>49726030

>>49725793
Almost...

>>49726030
this, there's a whole lot of money inested in it not dropping below 20k
btc has always reset to previous ATH, and that's what we'll see again - by EOY, it'll be at least to $25k
go ahead and screenshot me, it's not like you'll post it when i turn out to be right

>early evening
>people getting home from work and settling down, reading the news they missed during the day
>bitcoin is down another 8% today, gold up 1%
>contemplate either selling or suicide
an overnight crash setup has never been more real

>>49725793
Impossible. It will stop before 20k.

>>49725888

>>49725793
We'll see it in less than 1 hour

>>49726161
>there's money there that means it can't go below the money number
explain yourself so we can screenshot that too

Just opened a 5X short but with a 25% stop loss. Let's ride this baby down to 10K

>>49725920
20,000 times 0 is still 0, retard

>>49725793
>the corpse curve
It's over
buttcoin tanking confirmed

To the moon

OH NO NO NO BTCBROS

>>49725888
LEAVE MUMU TO ME

>>49726269
$5 soon

so close....

Why the fuck am I laughing like a maniac lmao

This shit is funnier than the last comedy movie I watched kek

Double bottom will confirm and we will go straight to 100k.

>>49726055
Already have anon kek. Enjoy staying poor

>>49726161
This guy knows what's up. Making money is piss easy in this market

>>49726362
Whats your liquidation price?

>>49726325
because mumus were euphoric when it bounced back 22k thinking they were back. you relish in the suffering of mumus

>>49726030
I expect some major kikery in the next week. I think we will close this above the 200 this week to make it seem like we will bounce, but next weeks candle will be a massive scamwick to the downside to flush out all longs, and weak hands, followed by a recovery only to once again close above the 200. And that will have likely been the absolute bottom.

>>49726275
This achievable natty?

Will there be a dead cat bounce?

Haha its happening bobros! I'm so excited for us ;)

>>49726453
Have you seen THAT FUCKING CLIFF JUMP goddamn
If it actually reaches 20k in the next half hour I'm gonna cooooom

H-HOLD THE LINE MUMUS

who the fuck is buying right now?

>>49725793
NOT HAPPENING YOU FILTHY FUCKING BOBOFAGGOT KEEP DREAMING

THE NEXT 2 HOURS ARE UNIRONICALLY CRITICAL FOR BITCOIN

>>49726030
It will go to 19950

>>49726514
it will keep testing 20k until it breaks.

>>49726552
i warned you mumu

>>49726468
almost surely

The sea was very angry that day my friends!

BOOM big ass green candle and we are back

>>49725793
I summon thee Bobo, with the blood of losses.
My short remains strong; it shall be strong.
Bless it, in Your name.
Praise Bobo.

Congratulations, you made number go up for less than a minute.

>>49725793
Can't stop what's coming
Can't stop what's on its way

IT JUST KEEPS TUMBLING DOWN TUMBLING DOWN TUMBLING DOWN
IT ALL RETURNS TO NOTHING

>>49725793
Nice, just got 1% closer to being a wholecoiner for only $200.

>>49726636
AMEN
praise bobo

Honestly I thought it would bounce back from 20k permanetly, but now that i think a lot of people started longing from 20k and might start closing them, now Im not so sure.

>>49726623
https://is2.4chan.org/gif/1655008609018.webm

>>49726661
THREAD THEME

https://youtu.be/zc6KUlXP--M

https://www.youtube.com/watch?v=rQiHzcdUPAU

Thread theme

>>49726661
IT ALL RETURNS TO NOTHING
I JUST KEEP LETTING ME DOWN
LETTING ME DOWN
LETTING ME DOWN

that did not last long

>>49726325
i am too, and honestly, it's because we're all facing stagflation anyway. and maybe an inflationary depression, for 2-3 years. we're literally on the edge of a shakedown that will hurt a bit, or an actual fed policy error that will definitely wreck us and leave europe in charge of the world.

>>49726653
You were saying?

>>49726690
Wait for the dead cat bounce.
See:
>>49726468
>>49726619
The risk on this is, it already happened once, so don't be too sure

Imagine buying, ever

>>49726387
20003

Hands of diamond not fucking selling let's GO

>>49726723
>leave europe in charge of the world.
lmao

>>49726509
microstrategy and greyscale bots are trading back and forth hahahah

>>49726745
See you in the mines.

>>49726745
Damn, F in a few minutes bro. How much you going to be losing?

>>49726745
RIP anon

stop resisting

henlo

>>49726692
The Ottomans knew this

Real Thread Theme

https://www.youtube.com/watch?v=4zv54mPqJw4

>>49726827
https://www.youtube.com/watch?v=zENtEumtyBI
nah, this is it

>>49726740
It's just a maybe. To be honest I thought the moment it hit under 20250 that was already going to start a Long collapse, but nothing happened, so I dunno.

>>49726736
Even lower now.

>>49726567
Or it keeps teasing 20k until the exchanges have enough shorts to butcher, then they pump it to 35k for a bit.

Hard to say, I have a short too ... but this market is manipulated to hell.

>>49726841
There seems to be pretty decent support on 20200.

>>49726825
they knew a lot of things, not too stupid for mudbloods dontcha know

>>49726851
BOOM another green candle in your face

>>49726925
BUT FOR HOW LONG

>>49726853
Whales always win over sharks. Whales are apex.
True in nature, true in crypto.

>>49726887
>literally reading tea leaves while looking at a line chart
just post the trade book with your annotations, genius

>>49726853
Short shitcoins with higher beta

>>49725826
>>49725849
>>49725889
>>49725920
Bear euphoria. This is the equivalent of:
>IS IT TO LATE TO GET INTO <COIN THAT JUST PUMPED 10X> NOW?

I bought my BTC in October of 2012, what do these latest developments mean for me bobos?

>>49726925
>one green 5min candle
bobros we got too cocky...

>>49726975
sell, sell right now and tank it even further, post proof you have it

>>49726851
and here we go!

Definitely looks like it's happening: >>49726399
Definitely looks like it's happening: >>49726399
Definitely looks like it's happening: >>49726399
Definitely looks like it's happening: >>49726399

>it’s going back up

Bobo BTFO

>>49727040
>Bobo BTFO
Are you sure about that, mumu?
Look again

>>49725793

What do u think people are going to do if they sell if they sell, gold is high af, silver is worthless, dollars are loosing value by the day, i see big bump coming, BTC was made for this moment while atock start collapsing everyone will run to safty and that would be btc and all other promising cryptos they just fud to clear out retails which is pretty much wiped and get as many bobos betting on shorta before they erenter the market, this is not the first time zoom out

finna make fat stacks shorting this shit fr

>>49726785
Such a great game.

I think the fact that BTC and ETH are both conveniently close to the same type of psychological wall is adding extra support.

>>49726653
>>49726851
BOOM BOOM BOOM

>>49727068
It’s literally over

The 20,200 set off automated bots and other alarms so now there's another pump going on.

>>49727110
my man

>>49725888
another prophecy again

stop resisting

>>49726275
Bros I can't help. I just want to fall asleeep in his big meaty arms but I know he cant help it. He'll just eat me alive. Feels bad man

>that sell volume
WHAT THE FUCK

>>49726723
>Europe in charge of the world
lmao have you been paying attention to the absurd clown show that is EU economic and monetary policy for the last 20 years

It may hold but not forever. We have more rate hikes on the horizon. Anyone buying now is guaranteed to lose money. It’s going down, just accept it.

>>49726975
It means you should convert to USDT/USDC for a bit, then go short with as much of it as you feel comfortable.

If the support holds and it stops bouncing around the support you can always get back in for hodling.

>here's your exit pump bro

i just buyed. i get liquidated at 19488

THOSE WHO PUSH AGAINST BTC PUSH AGAINST EVIL

i wonder how many retards bought at 60k

It's going to go back down, break 20,200 then hit 20,100 and it will shoot back up again and so on. At some point the bottom falls out on margin calls.

>>49727040
>defend a literal nugger murderer
>create a dynasty of useless women "socialites" who get by taking money from other useless women
When did america just become a giant casino, reagan?

>>49725793
They’re pulling out all the stops to save bitcoin right now, coincidence that when I tried to access my binance app it asked for email authentication out out of nowhere?
Exchanges will go offline as soon as 20k is breached.

>>49727040
>Bobo BTFO
the copening

>>49727310
>When did america just become a giant casino,
seriously, hasn't it always been one? The entire point about going there was so you might be one of the people who didn't die on the journey, didn't get scammed at the port city, didn't get killed by injuns, didn't get obliterated by natural disasters, etc.

>>49726275

FUCK IT IM LONGING 10X fuck this unbreakable 20k wall im making some money

stop resisting

>>49725925
Quite pass that, learn to account for inflation.

Let’s go bobros
Who getting liq’d today

>>49727455
What?

>>49727556
thats euro günter

>>49727588
Yes.
It's still way too early to call for it to not break 20k USD.

Only 326usd to go. That's like .5%

>>49727298
boom BOOM BOOM

>>49725793
its going to rebound and be selling for 24k+ by weeks end

25k when?!?!?

The crypto market eerily reminds me of the dot com crash. Seems like the bubble has popped.

/sp/ low iq tourist here. I don't understand shit about crypto. Is it really a big deal if it goes under 20k? Please explain

>>49727737
You don't remember the dot com crash you stupid zoomer

>>49727731
lmao

It’s not going to drop below 20K. That number has too much significance.

>>49727776
the ath in the 2017 bull run was just shy of 20k. if it goes under the previous ath of 5 years ago, that's not good.

>>49727776
I think the most serious people assume it will go down to 13,5k$
But that's not a big deal because Bitcoin is basically made to go to extremes. So it will go up again as soon as people have enough money to save it again and think it's good to invest them again.

>>49727737
shut the fuck up retard

>>49727776
It’s partly psychological and a ton of people will probably get liquidated as well

>>49727737
Crypto already dumped as much as the DOTCOM bubble if you exclude stablecoins

>>49727806
>beats drums
>chants
>releases smoke in specific patterns
HEEYYY YAAH HOOO YAAAH

>>49727836
>not good
Thats the current market situation at all

Lol you retards think TA matters, money is what matters. You think the exchanges and giga whales will let the patterns invalidate? You’re forgetting that exchanges used to go offline when dumps threatened bull runs. They still have billions to make from the crypto ponzi, and they’re not going to let it end here

>>49727848
What does getting liquidated mean?

>>49727776
It's mostly psychological, there has been solid support at $20K because $20K is a nice round number, if it breaks it would be a blow to investors' confidence and a further dip would be more likely (or at least seem more likely, which is usually the same thing).

>>49727806
would it be the first downward breakthrough of a previous ATH of a previous bullrun?

>>49727731
ooooooooooooooo mah phone app coin be doin' a lil somethin'

>>49726557
My liquidation price is 19900 lmao, ez

>>49727838
>So it will go up again as soon as people have enough money to save it again
kek the middle class is about to get fucking railroaded in the recession, this is literally the end of crypto and the end of post-war "prosperity." i'd say that if you're not selling right now you're retarded, but putting it into USD isn't much better.

Fucking BREAK ALREADY YOU PIECE OF SHIT

stop resisting

>>49727934
Im sorry for whats to come for you anon

>>49727934
Not sure what would be more entertaining - a megapump that sees bobos getting their shorts and smugness rekt, or us just ultradumping and wiping out all the longing addicts like you.

>>49727946
For majority of people. Not for all.

>>49727876
It happens when you use leverage to long/short bitcoin. Basically you give an exchange some bitcoin or USDT and they lend you several times more than you deposited to buy (if long) or sell (if short) bitcoin. If the value drops too far (if long) or raises too high (if short), you get liquidated, which means the exchange automatically sells your borrowed tokens (BTC if long, USDT if short) and you lose your initial deposit.

>>49728000
It would hurt me a lot financially. So please buy some bitcoin sir

>>49727876
It means people are forced to close their leveraged positions. Essentially they are forced by the exchange to sell their Bitcoin

>>49728023
you're a big financial failure

>>49727946
Bitcoin is in my opinion a bank run system. Either you run into bank to get money in, or out.

>>49728012
So you lose all the money you invested? Isn't that just gambling?

>>49725793
I’m done paying attention to this it was fun on Monday though

>>49727876
your bank/exchange/etc. sells the assets that it holds in its portfolio
then it goes to all of its customer accounts
deletes all/any of your holdings/claims
through any selection process it deems fitting and/or that you agreed to upon making them custodian of your funds and assets
and then it pays you the current cash value
and, usually, closes your account

LOWER LOWS LOWER HIGHS MUMUS WILL VERY SOON DIES

>>49728067
shhhhh dont burst his autistic bubble

>>49728067
Yes.

>>49728067
Yes

>>49728067
It certainly is just gambling for most people. There are ways to minimize your risks, though, but the problem is that well over 90% don't have the discipline to follow through actually profitable longing/shorting and they're just gambling addicts trying to justify themselves.

>>49727274
>i just buyed. i get liquidated at 19488
You borrowed USDT on margin to go long BTC?

>>49728054
No u. If any whales are reading this, long with me. 20k is the bottom, we can make it happen.

>>49728012
in fact, it can happen even if you did not use leverage, but your fiduciary did. mark it zero, donnie.

>>49728067
Yes gambling but with the best odds you've ever had in your life

look at that anaemic little bounce.
Did people really think this was over?

>>49728067
this is crypto you're talking about. there is no "investing." there is no business operation to invest in. it's just a fake internet money. this is pure speculation.

>>49728150
yeah bro, im totally in with my spare change x5

>>49728155
Yea, but I wasn't over!

>>49728150
MEME COMBO FAIL

>>49727848
A long isn't the most outrageous bet with leverage. There's a good chance it's going to hit 22k again tomorrow. Tidy profit. Just going to get liquidated before you can react if it breaks 20k.

People actually just holding at this point, I just have no idea what they are doing.

>>49728188
Also there's a pretty clear descending triangle forming.
https://www.dailyfx.com/education/technical-analysis-chart-patterns/descending-triangle.html
Expect another bounce or two before the price finally shits the bed.

>>49726723
>this is who is giving you financial advice on /biz/

>>49726723
>europe

>>49728093
Then you get a new burner phone to get on kucoin again.

stop resisting

>>49725793
I think 18k-18.5k will the bottom if we are just screaming numbers.

80-85% retracement like the previous cycles.

Question is how long it'll stall in consolidation.
We might not see BTC above 60k until like 2024?

>>49725793
Unironically a massive event if 19450 is breached

>>49728390
Is that the price you get liquidated at?

>>49728390
100% would happen if 20,000 breached

Was that the short-term bottom? Wonder if I should close my short for a slight loss. I don't want to see us pump back to 23K. Hoping we break 20K tonight. I want to close around 15K

>>49728415
it’s previous cycle high on every exchange and closest thing to a hundy roll from 19490 which was Bitfinex 2017 top
We have never broken previous cycle Bitfinex top afaik

>>49728390
How fucking levered are you on your long if that's where you get liquidated?

>>49727274
its niggered, you nigger retard

Impressive bros, 20k is literal titanium support

>>49728415
not only him but me and some other guys >>49726854

I just want it to break already for the next run.

>>49728467
>hundy roll
>hundy hundy hundy hundy

>>49728494
Soon to be titanium resistance

mumus do you really REALLY trust the current deadcat bounce to keep you safe from the inevitable? release now or lose everything, please, I am not bobo, I am a concerned anon on this board, for your own safety, sell, your parents love you, you WILL get a family or have a family of your own that will/does love you, for them and yourself, sell and save yourself.

>>49725888
Anyone have the bobo riding the bear pic?

>>49728528

>>49728522
Say hey to your father, uh, he owe me twenty dollars
We gon' run through hell with like twenty-hundred choppers

>>49728522
yes
>>49728479
please point to me on the chart where we have breached previous cycle high before, how is it not a big event if we do?
It basically destroys main thesis which is that bear markets hover around previous cycle high

are you new why is this such big news

>tfw you bought into the 200 week SMA is the bottom of the cycle meme and only afterwards started thinking about the fact that bitcoin acts like a techstock now and tech stocks are probable going to go down a lot more due to inflation and the fed and looming recession

>>49728494
If you haven't sold everything already... I'd do it now.

It's going to test it again, fugg

>>49728822
It's going to happen. Burgers will not be waking up to >$20k btc tomorrow.

>>49728055
This post sounds retarded but it’s actually smart

>>49728901
We might even see it today, the line draws ever closer

>>49725793
I dont get the point, its just gonna bounce up to 21 again like yesterday

>>49729030
If it actually goes under 20k it won't.

>>49729078
yea but it wont thats my point, it will just bounce again.

>>49729025
Please watch my financial ruin in real time

>>49728602
>please point to me on the chart where we have breached previous cycle high before
I meant that he'd need near 10x leverage to liquidate at that price if he bought in recently.

On second thought though, if you're going long now you might as well go near max leverage. No stop loss is going to catch the knives any way when it breaks. So sorry for the stupid question, I only started gambling recently.

>>49729104

>>49725888
>>49728573

>>49729104
The Lords Bogdanoff send their regards

>>49729104
how does a retard like you make enough money to do this?

>>49729104
That is a shit entry point

How do I place automatic orders using the coinbase app?

>>49729104
Oh no

>>49729104
Damn you might actually be fucked. I wish you the best.

>>49729256
I mean, it was 19 thousand dollars. Not that much, relatively. But yeah, I'm gonna fucked hard right in the anus. Might even have to go to work.

>>49729104
You're liquidating yourself?

Have faith in the bounce, it came closer than that before.

FUCK IT'S OVERRRRR

>>49728467
>HUNDY ROLL

DIE YOU FUCKING SHITCOIN

>>49729450
Patience my friend. There will be blood.

dem heddie baggies mon... dey be heddie

Baggies won’t be able to psychologically handle it if it breaks 20k

>>49725793
Bear flag on the minute chart, this should crate a wick down to $19,500

oh boy!

WHAT WAS THAT

>>49729521
THERE WILL BE BLOOD! SHED!
THE MAN IN THE MIRROR NODS HIS HEAD!

>>49725793
THIS IS A CONTROLLED DEMOLITION BY DEMONIC FORCES: CENTRAL BANKS WILL ISSUE DIGITAL CURRENCIES AND CRYPTO WILL BE REGULATED.

>>49729648
dead cat twitch

>>49729104
expect a bounce to ~20.6k and close that shit as soon as possible! CUT your loss while you can!

if it hits 19,999 will it trigger a wave of sell offs?

>>49726951
But the whale shark is king of the deep

>>49729731
I need it to go to 30k, can you do that for me?

>>49726030
You and I both know that under $19641 is where everyone will panic.

Hot damn the titanium buy wall at 20k is tough to break

>>49729830
is this that fucking water whore

>>49729104
Dios mio

>>49725793
kek i bought sub 10k you laggard

>>49729850
proofs?

>>49729748
>>49729802
when bitcoin hits 19,999, value as we know it will cease to exists

a never ending cycle of hyperinflation and the dark ages of anarchy and warlord feudalism begins

>>49729830
Chika win

>>49729104

>>49729748
Could be a lot of institutional investors with that as a stop-loss limit. A lot of institutions, countries and hedgefunds got in at around that mark and these guys don't fuck around - they take profits on the way up and refuse to take a loss.

>Everything is red so therefore i must invest in what little green remains

i have 100€ left. How can i make bank from this? Insane leverage?

yea, i'm thinking we're back

>>49725920
(you)

And BTC was never under 20500 ever again

what the actual FUCK is this crab at 20k?
can these faggots end my misery already

>>49729936

yes but the more leverage you use the less you can afford in price movement. >>49729104 for example is set to lose his entire position by tomorrow at this rate

>>49729850
And you haven't sold yet? You're going to give up that much potential profit to whales? Wow.

>>49729104
most intelligent biz futures trader

>>49729960
My bad, whenever I open a short bitcoin rallies

>>49725793
I won't sleep today to see if this shit breaks the 20k mark

>>49729920
G-go qom

>>49729830
TODDLER CUNNY UOOOOOOOOOOOOOOOOH

Confession, I'm OP of both of these threads

Where can I watch this live? All the screeners I used fucking suck and don't update

>>49729104
>livestream financial suicide
No thanks.

>>49725850
no it isn't, but it will go below $19k. shit's far from over, fren, Bitcoin will go on for at least two more weeks.

>>49730071
https://www.binance.com/en/trade/BTC_USDT set to 1m like a pro trader

>>49729210
Thanks

>>49730108
Fucking finally. Been using google search to check up on btc/usd and I was about to rope

>>49730071
https://ftx.com/intl/trade/BTC/USD

>>49730055
I'm going to go both short and long, so it's all good with me.

>>49730152
lol, noobs say such funny things.

>>49730232
You'd think they would have fixed this infinite money cheat by now.

>>49730298
Reality runs on unreal engine 5, what do you expect?

You know what this price action looks like? 9th of June.

Goodnight bobo's. It was a good run

>>49730459
Also if you fucking fomo short on this picture alone I will fucking kill you btw

>>49730298
you could do that, but then where's the challenge.

btc will NEVER be under 20k again.

>>49730232
>both short and long
>it' all good with me
Yes. It's all good with me as well.

ooooooooo bobos are you ok?

WHO TF IS SLURPING?

>>49730641
this recovery is pissing me off

>>49730641
you know who

GET THE FUCK DOWN YOU STUPID USELESS SHITCOIN

Bobo bros...
Where did this buy spike come from?

lets go mumubros

>>49730721
Pls no

>>49730721
DONACDUM

>>49730726
etu mumu

i really wish to know who are the fucking niggers that think buying in this market is a good idea

>>49730726
you better sell now

I did

>>49730724
Plz saar bitcoin will moon saar

>>49730897
>I did
>he sold?
>poemp EEETE

>>49730897
Thank you for your sacrifice

>>49730724
i dont care who you are gumshoe gooper is the king, you're legit

>>49731018
don't worry i still hold all my bags, it was just a nice little fun trade
sub 20k NOT HAPPENING

NOOOOOOOOOOOOO

FUCK THIS GAY ASS SHIT ASS RISK MARKET PIECE OF SHIT, CAN'T LONG OR SHORT SHIT IN THIS PIECE OF SHIT MARKET. I WILL LITERALLY BE HOMELESS BY THE TIME THE BULL RUN IS HERE.

>>49731159
>. I WILL LITERALLY BE HOMELESS BY THE TIME THE BULL RUN IS HERE.
good

UH OH BOBO

>$21k in reach

why is this nigger shit pumping when every signal on earth points to the opposite?

i told you it wasnt gonna happen bobos

>>49731227
People playing with dead cats.

>>49731234
it must happen, indicators say it, market conditions say it. They are just delaying the inevitable

HAAAAAAAAAAAANK

CLOSE THOSE LONGS NOW ITS A FAKEOUT CANT YOU SEE IT

HAAAAAAAAAAAANK

>>49731293
this shit is so annoying, it's like i'm walking in a minefield. Can't pick a position and make some money that shit immediately goes in the opposite direction

most obvious bart in history

>>49731227
200ma got hit the other day at 22.4k, so the bottom is in already or very close to it

>>49729104
Alright, I closed it. I'm a fucking pussy. A digusting coward.

going out for a smoke. When I get back btc will be sub 20k. Digits confirm

>>49727088
>gold is high af, silver is worthless
Yiddish hands typed this

>>49731653
Coward indeed, but you did make a >50% return.