/biz/ - Business & Finance

>>49899894
17.6k was the bottom. For now.

Remember when Chainlink had this exact pattern and then broke down? I do.

Nice the money supply included

>>49899894
Kek, not even close

FUCKING RETARD NO WERE NOT WERE GOING TO 10K YOU STUPID IDIOT ENOUGH WITH THIS TA SHENANIGANS

For the millionth time:
Bitcoin was born during the era of easy money.
>Loose central bank policy
>Low inflation
>Relative stability in geo-politics

That era is over.
Crypto is a risk asset.
A speculative asset.
It is not a hedge.
It is not a sefety trade.
It is going to continue to eat shit, because times have changed.
I keep telling you guys to sell these relief rallies and stay on the sidelines.
But you will all hodl, diamon hands and all that.
And you will lose your asses.

>>49899894
>look mom, I redrew the lines to fit my narrative
the absolute bottom is 0 you dummy

Why didn’t we have a blow off top?

>>49899894
Lol theres no way that'd be sustainable, it'd take years to get back to 40k

>>49900161
SBF

>>49900117
>This time it's different
Bobos (mumus) will always find schizo reasons why this time it's gonna dump (pump) forever instead of buying the bottom and selling the top like everybody else

>>49899894
Bitcoin will follow an upward trendline forever because... well... IT JUST WILL OKAY!!??

>>49899894
>load up everybody. There's no way we dump 70% from here.
I'll see you at 12,000

>>49899951
yeah, I lost $100k because I didn't think it would take a 90% shit.
Hurts really bad

>>49900456
I believe you, but break it down for me pls.

>>49899894
how do u do arithmetic in the tradingview ticker thing i cant figure it out

>>49899894
noooooo don't post shit like this, it just makes me think we're not at the bottom now

>>49899919
It was the June bottom.

The July/August bottom is 14-15k.

>>49901039
Based.

>>49900117
You forgot cheap energy.

How about you chart bitcoin against the size of my penis at different times of the day, bucko

>>49899894
random fucking lines astrology bullshit retard every time shut up

>>49901039
stay poor mumu

>>49900161
Because the normies are in on the cycle knowledge so the whales frontran the top and crashed it early. The same thing will happen on the next cycle, it will start way earlier. You should already start buying now instead of "waiting for the bottom" otherwise you will get left behind and buy the top.

You know that electronic scoreboard in roulette? It shows what numbers have hit in the past. A "chart" if you will. This has no bearing on what the next spin will be. It doesn't matter if the past 20 spins have been red, black/red has the same odds on the next spin. This is called the Gambler's Fallacy. It infects billions of stupid people worldwide, such as OP. It is why Vegas makes so much money. This chart shows what happened in the past.

>>49899999

>>49900456
>everyone expects a blowoff top
>longs go up
>Sam sees every position and trades against it
>longs are liquidated
>bulltards keep expecting a reversal because they feel entitled to the blowoff top seen in previous cycles
>liquidated over and over by the world's most benevolent billionaire
he has made a fortune purely by taking high expectations and moving the market in the opposite direction

>>49902454
>bobo fuds the bottom
checks out
>>49902531
I sold at 50k retarded permabobo. Probably to you

>>49899894
Absolute bottom is 0.

>>49903257
i dont buy imaginary retard coins

>>49899894
haha yes post hoc ergo propter hoc
this cycle has proven that this midwit way of thinking is no longer viable

we're far from the real bottom

>>49899894
Just bought $500 more

>>49902300
This how do you combine tickers like this

>>49899894
>delusions, the technical analysis

>>49899894
When inflation comes down after more aggressive interest rate hikes by the Fed, you're little retard cope model there is going to be invalidated like every other model out there for a permabulltard case for crypto. It was a pure bubble of a speculative risk asset that was bid up in price simple because of free cheap money and because "price go up yesterday, that mean price go up more today"

>>49902586
actually not a terrible take

>Normies buy the top
>WE'RE GOING TO THE MOON!
>Bobo is too afraid to sell the top
>Waits until the price drops 50%
>All the normies sell
>Bobo starts screeching "WE'RE GOING TO 0!"
>As he sells the bottom
Never change, bobo.

>>49899894

this shit doesn´t work with crypto retard. A company has value from its knowlede or product that reflect the share prices. Crypto is just there that´s it. It can always tank hard for nor other reason that someone cashes out.

>>49903955
crypto as store of value is a pandora box. once it starts to grow it never ends until most fiat is consumed, milkshake theory expanded

>>49903955

Crypto is not worthless. BTC is not worthless. 60k End of Summer

HP0PN

>>49899894
I doubt that anon, might as well look forward to a $12k as ultimate bottom, I just hope my buys survive this bear market cause I'm damn holding till the next bull run. Although REEF, SYLO and VRA are gradually picking up stance and I'm taking profits and hodling for a massive pamp.

>>49904129
Cut down on your expectations anon, this right has a high tendency of not happening anytime soon. Just hodl your well researched buys asides BTC if you are a solid fan, try other alts say XMR, BEL, RIDE and lots more to mention a few.

>>49899894
thanks for the hopium anon, appreciate it

>>49899894
Lol, you can draw lines anywhere on that chart to show almost anything you want. Fucking deluded losers.

>>49899894
Is this yours? Crypto Twitter also shared this graph but I only saw it after this thread.

>>49904552
RIDE is a solid metaverse gem to hodl right now judging from the amount of traction on metaverse projects right now. Adding RFOX and BLOK will be a good decision as you can also earn passively on them.

>>49904408
It will take weeks but we are going to this level soon.

>>49903507
My thought exactly, I'm happy with how gems like DOT and AAVE are holding up. I'm saving my stables for projects like subsquid which are yet to launch their token. From experience, a token with good use case launched in the middle of a bear market or towards the end gives maximum return once the bull kicks in. I'm looking out for such blue chips.

>>49904828
No, it's from this person 20 minutes before OP made the thread
>https://twitter.com/MustStopMurad/status/1539645197872762882

>>49899894
Yes this is the bottom. Numbers never lie. BTC $100k this year. Many will be shocked.

>>49899894
Thanks, just sold 100k

>>49900117
>Easy money is over
Kek show your working for this one, moron.

Stick to the plan

>>49902824
TA isn't about probabilities you midwit

>>49899894
the only way to go is up

>>49905547
don't forget ELGD

>>49905547
Go on

>>49907097
>ELGD
EGLD

>>49899894
Imagine being this retard to think this is the bottom

>>49899894
I actually just noticed this looking at the charts earlier.

>>49899894
>chart magic
I'm so tired of you faggots being wrong on every single call

>>49907005
we're already past May and nowhere close to ATH lmao

>>49905317
Redfox has really rode on the nft and metaverse hype, one of the solid thing about it is the integration of ORE ID to help its users against identity theft, i think it makes more sense for a project to have good and working product.

>>49899894
Nice mental gymnastics

>>49900117
>I believe in [current narrative]