/biz/ - Business & Finance

>>49995838
We won't, but we can briefly break below the blue line

>>49995838
btc is literally never going up again

>>49995838
0

dont be retarded line only go up moonboy

bitcoin is done for

iso20022 are gonna be the next thing after november

>>49995838
0

>>49995857
>>49995856
Can we be honest for once? Why do you guys bobo-post, I know you're not dumb enough to think Bitcoin is dead, and we're already pretty close to the bottom.

>>49995838
100 percent. Buying in at 10k for 50x make it stake. Will go in 3x leveraged at 150k own funds. MAKE IT stake.

>>49995890
its funny

>>49995890
OP didnt ask if bitcoin was dead, he asked if we can hit the red line before the next halvening

the probability of that is zero, since the global economy is crashing and will continue to crash for at least another 6 months, and possibly for another 10 years.

>>49995890
>line go up forever
>bitcoin to 10mil because limited supply because its just is ok

>>49995838
None. This model is invalid. Most we'll get is 200kish IF we have a Flat Correction similar to what stocks did (look at s&p on the monthly).

>>49995963
I was on a tangent anyways, since the bitcoin rainbow is a shit model anyways. Bitcoin's price growth is log-log (power law) not log-linear, so it'll never hit the red shades on that chart.

>>49995963
>and possibly for another 10 years
damn I wonder what lazy generation is at fault

>>49995995
yep millennials strike again

>>49995995
>>49996072
You boomers are niggers that had life on easy mode aka with mommy's titties in your mouth your whole lives

>>49996101
t. butthurt millennial

thanks for playing

>>49995980
this

>>49995838
why does your faggy rainbow chart not show the year?

>>49995849
>can
Will, most certainly.

>>49995838
we will never hit the red line again

>>49996224
cant see why not

>>49996129
no worries we're all conditioned to turn boomers into s.o.y.l.e.n.t green instead of putting you fractional reserved assholes into retirement homes.

1.8bn Millennials, 2bn Zoomer says hello...

>>49995838
What is fundamental support for bitcoin?

>>49995980
Whys is it invalid

>>49996222
checked

>>49996444
Because it ignores the top and bottom candles of BTC, so the curve is nonsense. See: >>49996222 and picrel for how BTC's actual log curve looks like.

>>49996481
How the fuck does it ignore the top and bottom candles its nearly dead on

>>49995838
This means nothing, given that the inherent value of Bitcoin is 0 (zero) Dollars.
>TA
>Crypto
Might as well visit your local fortune teller

>>49995963
The global economy isnt crashing, its halvening.

>>49995838

are you fags posting this shit to fool some biztards? that whole model was made as a joke, you can literally google it.

anyways im still bullish on bitcoin for longterm

below blue line in august!

>>49996129
every single millenial and zoomer is going to throw their money into crypto meme coins rather than buy boomer real estate bags that contribute anything of value to this broken system

>>49995968
Inb4 BTC goes to zero

>>49996536
Anon is talking about the rainbow curve ignoring tops and bottoms.

>>49995838
Why does everyone draw this rainbow incorrectly? There are diminishing returns, and we are at the top. Stop trying to con people with this fale hope of 100k. This might go lower than 10k.

>>49995838
Fix your lines OP. There are diminishing returns.

>>49999723
Rainbows eventually come back down.

>>49995838

we'll see every color before the end of the year

>>49995838
>rainbow.
This model is literally telling you "it's over".

That stock looks like a raaiiinnboow. That’s that reading rainbow vibe. Bullish or bearish? I invest in LINk therefore, intelligence

Retards

>>49995890
BTC is useless at this point. Every metric people try to come up with to justify their bags has been invalidated. Look at that rainbow chart and tell me it's not losing steam.

>>49995838
In order for Crypto to hit any previous ATHs or new ATHs, it would need trillions of dollars. The money printer is turned off and everything is more expensive, meaning the people who actually control crypto and the whole economy aren't getting free money to make all the wiggly lines go up. All retail traders and investors are currently getting financially skullfucked, so that means less money into a crashing market, which means everything will continue to get worse until there is a significant change to a number of policies and certain international incidents are resolved, which is also unlikely considering the malicious ineptitude of leaders in Europe and China.

>>49995838

ETH @ 10k eoy

>>49995838
zero

>>49995856
Imagine how beat up, unintelligent and weak a person like this faggot is. He clearly disregards all the infrastructure being built and investment into BTC.

You dumb mouth breathers fascinate the fuck out of me. It's like a literal ant farm watching you broke fucks go about your useless lives.

>>49995838
shit like this is why we have a long way to go till the bottom

rainbow fag chart is going to ZERO

>>49995838
Maaan... Is that a double top?

>>49995890
Because it's funny cope posting, for anyone who's long term bullish on buttcorn these crashes are pretty damn sweet.