/biz/ - Business & Finance

>>51396223
Bitc

everything is priced in

>>51396223
because macro conditions are terrible

thats what it has been designed for, everything points to this moment, its our time

>>51396223
Septembull, Octobull, Novembull, Decembull.

most likely to really amp up the drama when septembear and a certain holiday really hits so it can dump with maximum faggotry around it

>>51396223
A few days ago the ECB basically said that their solution to the current problems would be to print more euros. So they are going in the opposite direction of the Fed and suiciding their currency to try to make the union survive in the medium term.

The pumps you have seen these last few days are because of euros escaping a currency they know is going to hyperinflate and traders who realize that

Because the market punishes greedy faggots like you. You had plenty of time to buy btc below $20k and eth below $1k.

Please keep holding your fiat until the end of the days.

>why isn't trustless hard money performing as badly as I wanted it to while fiat is entering its death spiral?!?
I know you're just a mumu posing as a dumb bobo but it's pathetic how many people are actually dumbfounded by btc's relative resilience.
That being said it will flash crash to like 10-14k at some point in the next year before doing a v-shaped recovery, the markets just need the right black swan for an epic dumpening.

>>51396223
if the bit coin price would be easy to predict it would leave the whales no chance to manipulate you
get fucked bobo
your path ends here

>>51396332
euro here
kys brownoid muttoid abomination, the ECB just raised rates and is committed to tackle inflation

>>51396265
the great decoupling

markets are forward looking. macro's been terrible for a long time. by the time retards like (you) read in the news about how awful the market is and how the world is going to end, markets have already priced that in.
that being said, i am not sure we've seen the bottom yet.

>>51396223
>about to
we've been dropping since november, call me when we're back to 30k

>>51396422
Where do you think the money to subsidize energy bills for companies and citizens comes from? And a trillion euro bailout for the energy sector is in the works. A lot of businesses and people are taking advantage of the subsidies by mining Bitcoin because the government is taking the bill by printing even more. It’s raining euros

Inb4 higher taxes on energy companies. That wont cover anywhere close to this

>>51396223
>why the fuck does the BTC chart look like it's about to explode upwards?
It doesn't, at all. And you know that, you poor larper (you are a mumu).

OP is obviously a larping mumu who made this thread (the one we're in now) after seeing this thread: >>51396026

Pretty cringe.

>>51396371
what ai is this

>>51396548
i always praise my 3 year old everytime he draws a straight line from point A to B

>>51396581
The anon who posted that chart didn't "draw" anything, nor should he have. You can't pick and choose where the support and resistances are. They are where they are. They've already been determined by the market over the course of time. There is only one way they can be displayed. The way the market has manifested BTC's candles. The two lines blue lines in the OP chart is merely a visual aid for seeing the support/resistance the market has created.

If you go and draw random lines in fantasy-based ways, ignoring BTC's candles (which look they way they do because that's how the market shaped them), then that has nothing whatsoever to do with reality or with the actual market. Stay reality-based, anons. Stick to the reality of the market. Stick to the chart.

>>51396223
if you still have assets in the market or in the crypto markets you are a fucking idiot, you need to find a way to get your wealth into something else because a lot of you guys and many others are about to get fucked bad, you were warned time is running out you fools.

>>51396581
>>51396581
The anon who posted that chart didn't "draw" anything, nor should he have. You can't pick and choose where the support and resistances are. They are where they are. They've already been determined by the market over the course of time. There is only one way they can be displayed. The way the market has manifested BTC's candles. The two lines blue lines in that chart is merely a visual aid for seeing the support/resistance the market has created.

If you go and draw random lines in fantasy-based ways, ignoring BTC's candles (which look they way they do because that's how the market shaped them), then that has nothing whatsoever to do with reality or with the actual market. Stay reality-based, anons. Stick to the reality of the market. Stick to the chart.

>>51396581
No you don't get it that's the SUPPORT, literally the MARKET decided that was support and now it CAN'T GO UP because it went UNDER the line
Also there's a global recession and a WAR in the UKRAINE and record inflation!!!

>>51396303

/Thread. Goodnight Bobo.

>>51396620
>>51396635
>The anon who posted that chart didn't "draw" anything, nor should he have. You can't pick and choose where the support and resistances are. They are where they are. They've already been determined by the market over the course of time. There is only one way they can be displayed. The way the market has manifested BTC's candles. The two lines blue lines in that chart is merely a visual aid for seeing the support/resistance the market has created.

>If you go and draw random lines in fantasy-based ways, ignoring BTC's candles (which look they way they do because that's how the market shaped them), then that has nothing whatsoever to do with reality or with the actual market. Stay reality-based, anons. Stick to the reality of the market. Stick to the chart.


>No you don't get it that's the SUPPORT, literally the MARKET decided that was support and now it CAN'T GO UP because it went UNDER the line
Also there's a global recession and a WAR in the UKRAINE and record inflation!!!

Aeva to 50 bux

>>51396548
Not OP but I have been on the fence since december waiting for 14-16k. Had buy orders on ETH at 900 but removed them because I thought BTC would go lower and drag it to 700. What is starting to worry me is that both BTC and the total market cap are breaking out on the weekly RSI downtrend from november last year. If it manages to break through on your chart and it doesnt dip back below the RSI I will seriously consider jumping back in because that would kick off a giant green candle on the weekly

>>51396684
I didn't think it was necessary for me to greentext and post a soijak myself for it to be obvious my post was satire, but thank you for doing the needful

>>51396554
its just an easel and painting. whats the big deal?

>>51396913
satire on the internet HARD

>>51396223
It will dump within the next 6 hours. Screenshot this post.