/biz/ - Business & Finance

>>50970073
the fed has two choices, inflation or clapistan goes up in flames, most people are betting on the former

>>50970073
When the average /biz/tard is so destitute and broken they have to resort to tonguing anus like a nigger to afford their faggot tendies, then we have reached capitulation.

>>50970105
/thread

>>50970073
Top signal. Someone should make an albino bobo. I think it could enrich the board and bring luck... What do you think?

>>50970073
The next wick down is capitulation. It will take us to 12k which is way below the 200 moving average and 0.618 fib. That will send everyone panicking because its traditionally not bullish when that happens and it will be a break of the long term uptrend. Then Saylor gets liquidated and we move on. People forget that Bitcoin in 2018 broke it's long term uptrend in the great dump so why the fuck will it not happen again.

>>50970098

I'm starting to believe you're right. The investor class simply has too much money due to all the money printing in recent years. The lower classes will continue to suffer but the upper classes have too much money on the sidelines due to Gibs and money printing and inflation. The qt happening now is glacially slow and some are reporting the government isn't even tightening.

So yes the market is bifurcated now between the haves and the have nots. And the investor class still has tons of money to prop up the market.

>>50970073
retail will never capitulate at the bottom again my ursine fren
after the last 2 decades of shit they pulled and making the boomers sell stocks at generational lows and then pulling the coof nonsense everybody is in on the scam now and knows not to sell the bottom yet again
crypto itself was a superspeedrun crash course in market psychology and not selling the bottom as evidenced by on chain data from the last cycle
and on top of that look to fucking gme, that is a piece of shit bankrupt company in a dying industry and retail flatout refuses to sell

so good luck bobo holding out for retail capitulation
the fed is never going to do net qt, protip other eurodollar prints arent included in the public BS
and the tether/binance printers in crypto are brrrr'ing again

>>50970218
its different now, nobody knew about bitcoin in 2018

>>50970073
67 to 17 with zero bounces isn't capitulation now, got it

>>50972467
The bubble had already popped by then and everyone thought cryptos were dead for good. Bitcoin was all over the news back in 2017.

Everybody thinks they will be the one who HODLs the entire dip, maybe buy some more when the price is down, then sit back and watch it recover while everyone else loses their minds.
Everybody knows that the recovery will come eventually so nobody capitulates anymore.

its almost over. another small move down by a few thousand, then the eternal crab begins.