/biz/ - Business & Finance

>>50178013
I didn't.
My stop loss triggered right there :(

Missed the bottom? Lol the only reason it went up is because the Dow rallied last minute

>>50178013
can anyone here explain the price movement from the past 25hrs? These don't feel like squeezes/barts

>>50178107
People are betting that QT is over.
This is why we will dump hard again if QT continues next week.

Below 20k is delusional at this point

>>50178013
Kek at the new retarded permabears who don't know how to read a chart. I've been a Bobo since fucking May 2021, and even I'm now starting to get ready to buy in. It's just that the same people who were mumus at 69k are now bobos at 20k kek they just can't win.

>>50178013
someone post that /biz/ pasta that says those dont buy now will be left behind

>>50178107 Big players are fighting for dominance. And buyers are obviously winning.

>>50178013
actually mentally disabled, my condolences

>>50178227
You’re a newfag

You’re the one falling for a small gain in price as the end of a bear market

Fucking kek

You realize Bitcoin spends 90% of its time in bear market right? Crypto bull runs are small windows.

>>50178181
Interesting. Is this a personal suspicion of yours or is there some measure of market expectations for QT like there is with expected interest rate hikes/cuts?

>>50178181
Why the fuck would QT be over? It just fucking started LMAO people are truly still in denial

>>50178333
The pattern has gotten so obvious by now it should be embarrassing not to notice it. Of course, the more obvious a pattern is the higher the chance of a reversal. Which explains why each time you'll get new people getting in. Eventually they'll be right.
I personally think they'll stop QT because of the election.
I have no proof but also no doubts.

>>50178084
K

>>50178388
For the sake of the Democrat party, the globohomo political party of the USA. They don't want pesky populists sneaking in and making things awkward. They'll stop until after the election, then they'll come down hard until 9-6 months before the presidential election.
Or globohomo might continue QT and just consider this election lost. They have a different perception of time than we do.

>>50178329
holy fuck you are dumb. the last bull market was 2.5 years. it is a bull market with the price is going up you fucking idiot

>>50178329
There haven't been enough instances of crypto bull/bear markets to project a pattern forward with that much specificity especially considering we are talking about before/after it came into being a mainstream asset

>>50178455
QT turns off means consumer products go back to skyrocketing in price causing the general population to be even more pissed off

You’re just desperate for the money printer to turned on because you missed out on selling during the peak and now have heavy bags and are desperate for those bags to be lighter

You’re in a denial / cope phase

>>50178429
>because of the election

Is that mumus hopium rn?

>>50178491
kys retard. price goes down 72% in under a year .. BULLMARKET BROS BRO MAN WTF PUMPING BIG LIKE MY SMALL PP.. MUMUS LETS GO BROS

>>50178510
>you’re coping because of your crypto bags
Nigger, boomers retirements are underwaters and QT is massacring anyone elses retirements. Most people have negative returns on their retirement accounts.
Old people who are retiring/retired, come out in force to vote. They are the biggest, loudest, and most organized group of bagholders imaginable.

>>50178510
>>50178511
QE does not cause consumer products to go up in price. QE goes into stocks, crypto and homes. If you fell into the meme of QE driving up consumption I cannot help you. You are the type of midwit goy cattle the tecnocrats want to turn us all into. Go back to the pod, the bugs are getting cold.

>>50178575
>QE does not cause consumer products to go up in price *RIGHT AWAY*
I should have added RIGHT AWAY.

>>50178429
>>50178511
I've been saying this too actually. The dems have been desperately trying to shift blame for inflation off of them or to distract from it--- it's either being excused as "putinflation" or you have the jan 6 hearings which are produced like primetime gameshows to give voters a spectacle to make it look like dems are doing their jobs right. Everything has gone so wrong that the democrats absolutely can't afford to have the markets collapse and a recession begin by midterms. It would be over for them in that case, if it's not already. If Biden has any working brain cells left, he is leaning on Powell to cut rates and pause QT until after elections

>>50178575
So what caused consumer prices to skyrocket in the last 2 years other than the massive QE that occurred in 2020/2021???

>>50178615
I forgot to add: right away. The delay between QE and consumer products going up is a minimum of 6 months. The effects of QE or QT on employment and overall public sentiment in the economy are IMMEDIATE. So you stop QT 4 months before an election, the goy cattle vote for you, then you turn it back on when the effects are felt and you blame something else.

>>50178013
>he thinks $1000 difference on a $20k asset means you missed the buying window
tell me you're poor without telling me that you're poor. if you're really operating on this thin of a margin, you absolutely can't afford to be trading bitcoin. go put money into an IRA or something

>>50178013
>crypto-trading TA fag
>can't even read his own chart
lmao literally poking at sheep guts to "divine" the future

wtf is that pasta something something its a new era to the moon shit

>>50178646
I'm sold

>>50178721
You complain about his TA yet you do an ever more basic (flawed) analysis as a counter? Retard.

>>50178721
>It has to happen the same every time
Did you even notice that on that chart the bottom happens in December of 2018 and then it just keeps going up from there?
Besides that, this cycle looks much more similar to 2014 rather than 2018

>>50178013
I didn’t though I’ve been buying every day for months. The bigger the dip the more I sip.

>>50178794
Don't come at me if they continue QT.
They might not give a fuck about these midterms.
It will be gone 6-9 months before the presidential election 100% guaranteed even if inflation is in the double digits.

>>50178013
regardless, we're maybe 10% up from where the "bottom" was. it doesn't matter.

>>50178615
Rise in evergy costs because Biden is a stupid puppet cunt to green new deal niggers.

>>50178890
True. When he announced the cancellation of the keystone XL pipeline he signaled to energy producers they were allowed to. Midwit liberals don't understand that the market strives to anticipate, in some sectors months, in others years. So the midwit liberals think
>but that pieline wouldn't be functional until X years from now, the cancellation couldn't explain the rise in energy prices!
because they are fundamentally unable to understand how reality works.

>>50178604
This.

>>50178013
Why is everybody getting euphoric over a 5% move? Kek

>>50178958
Not because some puny shill doomposting, but because I'm enlightened by my own analysis.

>>50178570
what're they gonna vote for? QE? voters don't have any say in monetary policy, you can have them primary Biden or vote in Trump but it's not gonna change shit. I mostly agree with you though. QE is probably not even responsible for increases in consumer goods... the liquidity it injects made borrowing cheaper/more available for investors, homebuyers, and business owners. Hence over the past decade it's pumped stocks and crypto. At worst (in terms of inflation) it might drive up home prices, but this liquidity isn't fueling consumer demand for groceries and gas, which in turn is felt as inflation. Arguably it is the helicopter money from during the pandemic that began the wave of inflation, which was worsened by supply chain problems stemming from rolling lockdowns.

The fed probably knows that they can turn QT off or even QE back on without worsening inflation, but the problem is that inflation is on the news every night and it's become a normie meme issue. There is huge pressure from the public for something to be done about inflation, which Biden says begins and ends with the Fed. So the buck has stopped with the Fed and they basically have to look like they are doing everything in their power to bring it under control, even though there is no more stimulus check helicopter money and supply chains will probably resolve themselves

>>50178941
Its because they hear shit like Trump inherited Obama economy and believe it takes years for markets to correct. Nothing moves faster than investers chasing dollaridoos

>>50178186
Kek, you've been saying that since 50k

>>50179507
>what're they gonna vote for?
Populist right wingers. Or some other type of disruptive candidate.

>>50178941
This is wrong. In this case, the effects of keystone being cancelled WOULD only be felt years from now. If you are arguing that increased energy costs have driven up price of producing/transporting/selling all manners of consumer goods that drives up CPI, you are saying that the cost of energy at the present is what drove up the prices. They are not pricing in future scarcity of oil into current energy prices

>>50179619
But I'm saying that has no effect on monetary policy and whether or not QT ends

>>50178227
>It's just that the same people who were mumus at 69k are now bobos at 20k kek they just can't win.

FUCK YOU

>>50179626
They absolute price in future scarcity. Why the fuck wouldn't they? The president basically told them they were allowed to.

>>50179644
It does if you want the old faggots not to do that. Have the green line go up the last 4-6 months before the election. Then rug pull them. Inflation is only a secondary fear to income. Believe me, I come from a country with 60% inflation. Its a concern only when their income is guaranteed. The moment they fear for their job, retirement, investment, etc. they want the printer to go back on. And they'll rationalize every part of it.

I can't believe you poor bastards are literally trying to rationalize price around news media narratives.

No wonder retail gets relentlessly scammed. Just look at the numbers, ignore the news. They literally make the news up to make the numbers make sense. Where have you been?

>>50178604
>I've been saying
You and every other retarded 20 year old on this board who have only ever lived in times of line go up. News flash dip shit, dems win elections in recessions too. Did you forget about fucking Obama?

>>50178013
Sneethe

>>50178388
It was always a LARP, but then, everything the Fed does is one big LARP.

>>50178615
Supply chain Covid Jews

>>50178013
>I missed that sweet little bottom by $1000, how will I even live?
>I can't bring myself to buy bitcoin at $20k, I just can't.
>This is the end.

>>50178721
>>50178671
>>50178013
>>50178107
>>50178186
YOU FUCKING IDIOTS CAUSED US TO CRASH AGAIN