/biz/ - Business & Finance

>>49856942
now let's see how the chart starts to look once central banks stop flooding the markets with cheap liquidity and brrrrrr printer money...

>>49856957
The tether printer never turns off you seething bobo retard. The stock market and Fed are irrelevant to crypto movement, if BTC did come near 15k the exchanges would simply have outages so the panic stops, based CZ won't let it crash.

>>49857015
Tether supply is decreasing every day.

>>49857015
Tether keeps burning tokens because everyone is redeeming like a dirty jeet, anon. I'm not going the full bobo doomposter route but I'd remain cautious regardless and not take for granted the role of tether or bitcoin being decoupled from stocks.

>>49857050
Yes, while people redeem billions as it's fully backed. They can restart the printer whenever they want and they will not allow BTC to go below a certain price threshold, cope and dilate bobo.

>>49856942
Yes we are fellow bobo just keep shorting! Ignore those random green candles

The end of year q3/q4 pump will be glorious. Screen cap this

>>49857105
I am not a bobo, but niggers like u make me considering....

>>49857015
>The tether printer never turns off
that won't be going on for much longer

>>49857243
If you aren't explicitly bullish right now you're with the bobo fags.

>>49856957
Ring a ding ding, baby. This is the answer.

>>49857283
>The answer is the obvious thing that the media and normans are all saying
Nope, markets don't work like that.

>>49857120
thank you bro I sold my whole port into dollars at 19k because we all agreed below 20k was the end of bitcoin. I will stay strong and put more into futures shorts

>>49856942
Last cycle it hit that moving average purely by accident. If covid didn't happen it would just look like some meaningless line.

>>49856942
We spent several months in "cycle bottom" so at very least it will be retested

>>49857292
have you looked at any chart since the Fed rate hikes?
is that really the theory you're going with? "normans are saying thing so thing will never happen"

>>49857467
I wouldn’t even bother.

Hey man you’re right “normies say things” really made me think. Invest in lots of speculative non-productive assets with lower liquidity in the markets and sky-high inflation. You can do it!

>>49857292
Q.E. is directly correlated with the price of bitcoin retard.

>>49857312
>accident
In a freak crash like that, there are no accidents. After smashing through 200W, it fell until the next logical psychological barrier, which is now the "floor" until it isn't, naturally.

>>49857566
>>49857467
QE and Fed garbage is priced in and doesn't even effect the crypto market, only stocks which have 4% rates priced in right now. BTC only cares about the chart and TA, you newfags are exposing how stupid you are.

>>49857566
>2016-2017 bull run (which was much stronger, btw) occurred during constant rate hikes and QT. Stop being a retarded norman and THINK beyond "LE INTEREST RATES BAD"

The fact people still think log charts are heckin valid tells me there is plenty of downside left.

>>49857591
lol
crypto dumps almost 50% in a month after Fed hikes
>"Fed garbage is priced in and doesn't even effect the crypto market"

>>49857650
You're right, that 50% decrease was only for the first rate hike. The market never looks forward in pricing. It always waits for predictable things to happen before dumping more.

You fucking moron. Why do you think 10Y rates are 300+bps?

>>49856942
you people of dark african decent think that coins matter on a global scale
>WELL IT DOES NOT
still sub1k$ we go!

>>49857612
and it collapsed during further rate hikes and finally started a new bull cycle after record amounts of stimulus that pulled in new normies

>>49857923
So you agree rate hikes have no correlation with BTC movement over long periods of time.

>>49856942
What a dogshit indicator lol

>>49857995
What do you mean with ''long periods of time''? I don't believe rate hikes permanently affect bitcoin but so what

>>49857161
so much this. only gox and 2017 survivors will understand

>>49857650
Bond market has 4% already priced in, rate hikes are priced in so far in advance they barely matter. Why are bobos so fucking stupid?

>>49858095
I'm just making a point that there's no generally correlation between BTC and rate hikes. The implications of what last week's hike meant (plus all the other data) boiled over into a massive dip, but it doesn't mean a protracted decline just because rates are going to keep rising.

>>49856942
Zoom in bobro :)

>>49858251
There is a correlation, and that correlation became stronger now that there's more leverage. In 2017 there was a lot of optimism, tax cuts and the fed hiked rates just to show they could. The hikes weren't as sharp either. Bitcoin rallied DESPITE the rate hikes, not regardless of it. The market isn't as forward looking as you think, I remember selling bitcoin before the covid crash, the stock market was already crashing but people thought bitcoin was different for some reason until it wasn't.

>>49856942
why did you write "cycle bottom" there?

>>49858415
its the Bitcoin Super Cycle indicator and its based on mathematics

>>49858722
Based maxi dabbing on bobo boomers with math and facts.

>>49858722
interesting

>>49856942

Chances are we end up hitting an all-time high this year which shocks everyone.

For those who know. The numbers never lie.

>>49858818
sorry, 18k isn't the bottom

>>49856942
Why is the last cycle top not ath you retarded fucking mumu?

>>49858397
>Bitcoin rallied DESPITE the rate hikes, not regardless of it

Both statements mean the exact same thing.

Anyways, BTC has always been a risk asset, that's not changing. It'll move with the market. Really, we're having a discussion about the market, not BTC. With every normie calling for a recession, you should recognize how fanciful the idea of them all being right is.

>The market isn't as forward looking as you think

Yeah, it is. 2008 was a cavalcade of continuous bad news wrought by poor regulation. Our financial institutions won't tip like dominoes this time. Volcker is not running the Fed. Despite their tough language, today's Fed is entirely subservient to its real masters (executive branch and banks) and will not voluntarily drive the US into a recession just to curb inflation (dual mandate). If bad economic persists as expected into Q3, there may be a turnaround in policy and subsequent relief rally.

>now that there's more leverage

That leverage hasn't left. It may get marginally more expensive, but it's only going to continue bubbling up if relief rallies kick off later in the year.

>>49858930
May was the real top you bobo mouth breathing virgin.

>>49858982
>Real top
>Not the top
>Lower price than the actual top
>The top isn't the highest price because... Because it just isn't ok?
Where did this retarded cope come from?

>>49856942
one eventually gets used to swimming in hellfire

>>49856957
>>49857283
>>49857650
>>49857566
>THE FED WILL STAY HAWKISH INTO A RECESSION BECAUSE... BECAUSE THEY JUST WILL OK!

>>49856942
Nah dude I already retired from this shit, literally been waiting 2 months to buy a new console and upgrade my pc only for even my qom bags to get fucked up, better just accept my fate and work at my dad's restaurant.

>>49859605
Inflation adjusted May was the top, also models work best with May as the top. The bear always takes exactly 1 year to bottom as we see we have now bottomed from the May top.

>>49858930
because the second top was all low volume bearish divergence. BTC set a new ATH despite volume and interest completely deflating after Elon and SNL. The cycle top was most definitely when DOGE was at the peak, SHIB and 2nd ATH was all during dwindling volume post-"crash"

>>49857015
>The stock market and Fed are irrelevant to crypto movement,
this is true until a firm gets margin called and has to unload their crypto assets to pay up

>>49857050
Because people are selling it for bitcoin and accumulating quietly

>>49860181
This is actually true. If you use the real m2supply chart, it's not a new ath. This is what I've been saying for a long time. The bear market has already been going on for a year.

>>49856942
I think we are going further down for the first time

>>49856942
Don't fucking say 1k, rather than wait, I've gotten my ALBT bags ready to add liquidity on the EWT ALBT pool to earn passively once the pool is incentivized.

>>49856942
but I feel good, maybe cause I've been playing the Cometh battle mission, which has a slid graphics and game interactional.

>>49857995
BTC have always been the problem, which is why i chose to hold on to USDC and fucking stake with Spool finance, that way i"m earning passively.

>>49857105
holy shit you're retarded, cope more faggot

>>49863519
You missed the bottom bobo, BTC will never go below 20k again. Dilate.

>>49856942
retard missed the recession and markets being complete shit right now , and for the near future

>>49857591
lmao

you need meds

so delusional retard

>>49858818
The event that nobody anticipates is the most likely.
>Bitcoin to 100k eoy
Obvious top at 2/3 of the way
>Bitcoin to 10k eoy
Bottom at 18k, reversal into slow upwards crab during summer, golden bull run once fed pivots and BTC is used to settle international trade

Stick to the plan

>>49864350
>just ignore the lines going under the line ;)