[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 281 KB, 1440x1244, 1657064493300.jpg [View same] [iqdb] [saucenao] [google]
50207153 No.50207153 [Reply] [Original]

Bitcoin has ranged between 19k and 20k for weeks, there is no bull breakout coming, we will see significantly more downside as more figures are released from the FED, and before you say "recession is priced in" you couldn't be further from the truth, we haven't reached the point of near impossible living affordability, this would force retail investors to sell their assets just to survive this down turn, don't even get me started on interest rates and how businesses would be forced to pay their debts by selling off their own assets or risk bankruptcy.

Sorry bulls, but it will get much worse before it gets better.

>> No.50207161

Priced in
*farts and leaves thread*

>> No.50207164

>>50207161
Based
>>50207153
You fuckers have had 14 red weeks in a row. Stop being greedy

>> No.50207170

>>50207153

Oh well. They aint gonna shake me out. I will never, ever sell except at huge profit. Suck my dick you bobo fucks.

>> No.50207171
File: 6 KB, 250x205, 1657057989605.jpg [View same] [iqdb] [saucenao] [google]
50207171

>>50207161
Dilate

>> No.50207204
File: 35 KB, 452x679, C4315050-D553-40F7-979D-0D2DBEE82686.jpg [View same] [iqdb] [saucenao] [google]
50207204

>>50207171
You don’t get it do you?

>> No.50207243
File: 212 KB, 960x1280, Photo Warp.jpg [View same] [iqdb] [saucenao] [google]
50207243

>>50207164
>>50207170
You faggots may be right about Bitcoin in the long term, but your living in my world now.

>> No.50207248

>>50207204
kys animefaggot

>> No.50207254

>>50207204
Based imperialism.

>> No.50207269

>>50207243
I don’t live in hell. I sent you there btw.

>> No.50207300
File: 84 KB, 560x448, 1584489733217.jpg [View same] [iqdb] [saucenao] [google]
50207300

>>50207269
You haven't seen Hell yet anon.

>> No.50207365

>>50207153
man shut the fuck up no one cares stop spreading baseless fud autistic moron

>> No.50207418
File: 201 KB, 1000x1199, 1657072706882.jpg [View same] [iqdb] [saucenao] [google]
50207418

>>50207365
Kek
> baseless fud

I lived through the 2008 recession and the dot com bubble mumu, I know how these things go, and I know that we haven't even see the worst of it yet. Keep coping retard

>> No.50207499

>>50207418
Those were deflationary downturns though...

>> No.50207652

>>50207499
And now it's cycled back to an inflationary bust. Which means at the moment cash is king and financial assets must be sold. Honestly dude, I don't like seeing a sea of red but it wouldn't surprise me in the least if BTC goes down to 10-15k in the next 3-6 months.

>> No.50209271

>>50207153
thats clearly the truth
fed will increase up to 0,75%
ECB has to but avoids it, so it just get worse with the inflation.
check the past, to stop inflation just make the interest rate to 20%

and none of the above is good for buttcoin

>> No.50209298

>>50207365
He's right though. Nobody around me is struggling. We're all normies. You don't seem to know how bad things can become. Read a history book, and prepare for worse. I think it will get far worse, and we will actually struggle for some years to come.

>> No.50209322

the dump will be biblical, just let bulltards do their thing

>> No.50209723

>>50207153
Looking ahead, we recognize that recession risk has risen. That said, it seems premature to make a call that we are already in recession today. To start, the labor market remains robust, with job openings still elevated, wage growth solid, and payroll employment growing at a rapid clip. Furthermore, many of the pain points in the economy have begun to correct themselves – commodity prices have come off the boil, inflation looks to have peaked, and market expectations are now for the Federal Reserve to begin cutting rates in 2023.

For investors, it is important to remember that markets are forward looking. Put differently, the equity market tends to peak before a recession starts and trough before the economic data begins to improve. While risks to the outlook have risen, valuations have become more favorable and sentiment is beginning to look washed out; this is not an attempt to call the bottom, but rather a recognition that the outlook for risk assets is more favorable today than was the case at the start of the year.

>> No.50209812
File: 6 KB, 225x224, images.jpg [View same] [iqdb] [saucenao] [google]
50209812

>>50207153
Well said dude. It will be a long winter. But it won't last forever, will it? Time to pick firewood on asset management and brokerage systems. Can't be caught off guard.

>> No.50209823

>>50207153
>>50207161
This guy just farted in your thread kek, btfo

>> No.50209842

>>50207170
Not selling either fag. Staking and passive income to the rescue. Thank your mama for defi and freeway supercharger yields.

>> No.50209861

>>50209298
I'm sure you're dying pleb. Bears are nasty. Deal with it.

>> No.50210539

>>50207161
how will bobo ever recover

>> No.50210554

Already priced in, Bitcoin and crypto alway move ahead other markets.

>> No.50210573
File: 155 KB, 512x455, 4180C5A8-47F9-439F-8AD8-324928B894AE.png [View same] [iqdb] [saucenao] [google]
50210573

This is my kind of thread

>> No.50210607

>>50207365
>waaahhh stop spitting facts my life savings are down 90% and I need my internet funny money to go up asap
you haven't seen anything yet

>> No.50210687

CPI numbers will be good and a bear market rally is due.

>> No.50210749

>>50207153
honestly if i had bought BTC near to 20K and i wanted it to go down, i would sell it the next time it goes below 20.4
but i havent. and i dont know which way the market will go neither. no one knows
but yeah
these threads are kind of gay (i want BTC to go to 0)