/biz/ - Business & Finance

A

>>49966384
what is

MUMU. ITS OVER NOW

>>49966414
THIS FEELS LIKE IT MIGHT BE THE BIG ONE

CUT MY LIFE INTO PIECES

>>49966425
bruh it's 1 red candle on the hourly chart

>>49966433
THAT'S HOW IT ALWAYS START

>>49966433
*technically the second one right now

>>49966444
numbers don't lie

>>49966444
Checked

Oh boy its really going to have another leg down isnt it?

>>49966444
Why should it happen again?
There is no longer week end this time and the shorting ETF starts next week.
It's best to wait until the first normies pile in the shorting scam, to give them the impression it works and then rug pull them 2-3 weeks later.

>>49966572
there's a shorting ETF on the way?

>>49966444
CHECKED BTC TO 4444 ON JULY 4

>>49966384
You were warned.

>>49966773
https://finance.yahoo.com/news/investors-pile-short-bitcoin-etf-172118853.html
>WAGSI

The pain is unBEARable

IT WENT UNDER UNDER $21k
ALTS ARE ALSO DUMPING THIS TIME
WILL ANYONE BE SPARED?

>>49968847
I hope not, bulls are not demoralized enough yet. It needs to dump hard and it needs to dump fast now, and then crab between 16/17k. More pain is needed.

>>49966384
>mfw I actually have some cash set aside to buy the dip this time around

it's not gonna dip frens

I told y'all it would swing around the $20k mark.

>>49969195
For what purpose? So you can slurp? And then what if it doesn't go back up, like, ever? You know there's a certain asset confidence threshold which, if crossed, the asset's perceived value is practically finished, even if it doesn't happen instantly?

>>49968706
MAKE IT STOP NOW

>>49966384
Nothing is happening.

>>49969214
At what level do you think this threshold is at?

>>49966444
ohh ohh

>>49970197
Below $10K is a danger zone. Below $7K is an asset death zone. When BTC goes there, crypto is legitimately over. I'm not joking.

>>49966384
>IT'S HAPPENING AGAIN
Fuck you anon, it isn't. At least not until the Russia/Ukraine situation is resolved and the gas/oil starts to flow predictably. Another day/event can push the oil market sky high and potentially make a bank or 2 default lehman brothers style.

If the Rus/Ukr war finishes, then i'll believe we've hit the bottom

>>49966425
Kek

>>49970403
I dont think you're joking but thats around where I'm placing my buys. We need more to break before it can go up again.

I want it to go lower before buying but maybe I'm being greedy?
the fomo is getting to me

>>49970895
The dead don't rise from their graves. There is no such thing as "kill me before wake up again". If BTC breaks to that point, it's gone, and the crypto ponzi bubble bursts.

>>49970978
>kill more before wake up again*

>>49970916
If you want advice I tell you what I'll do. I see a lot of nonsense correlations which means the market is probably either using bad models or leveraged to the tits. So the first thing you need is the correlations to dim, for example between BTC and alts, or BTC and NDX or NDX and commodities since we're at a fork in the road. When that starts happening the memes like GME and others will be killed and left for dead which hasn't happened yet. Then, there's other things like normalfags social media about investing and financial planning and women investors. All a product of financial fuckery since investing isn't easy, fun, or marketable. It's strategy and patience, slowly building wealth over time. Bonus, I don't know if it will happen but tech collapsing and all these side hustle affiliate marketing online course bullshit. In a real economy shit gets real fast and people will have to buy actualy useful stuff with their money. Trust me, you're not late to buy all all.

I'm a 10 year bull and not gonna short anything besides some memes but that's in the near tearm, but everything that's been a meme and in fashion for the last 10 years, will probably have a lost decade in the next 10. Everything else, I'm bullish. But I simply can't buy before what I said is happening reverses.

In short, I think we're still very early, money flows haven't changed yet

>>49966425
THIS IS MY LAST RESORT

>>49971029
the message I typed to you keeps being recognized as spam
anyway, thanks