/biz/ - Business & Finance

>>51496144
YAMEROOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>51496144
perma bobos hate this simple chart

>>51496189
Bullcucks hate this simple chart

>>51496144
it‘s wrapped in a derivate helix around 20k now with a slow and painful flush down the toilet ahead, people make money with hopium, so it won‘t go down fast

>>51496144
It's the bottom nigga. You did buy it right?
Right?
Anon....

>>51496208
kek

You mean what it's been doing almost exactly, +-$1000, for the past four months and tested like five times?

>>51496208
czeck RSW and Momentum on your charts. the yield rally is getting nowhere

>>51496208
>first trend reversal in 40 years
The era of easy money is over. We got fucked

>>51496294
That right there is a confirmed trend reversal and if you saw that chart for any stock or crypto you would have went balls deep. You are reaching because the alternative sucks

>>51496144
28k is next

>>51496319
yes it's a (short-lived) reversal. I do agree.
But be aware that the rate hikes make global debt expensive and puts immense pressure on the dollar and other currencies. This is not a desirable state for a reserve currency to be in. The so feared "recession" is a result of the feds actions

>>51496342
What do you think happens to yields when Japan starts dumping their bonds to save the JPY? It's out of the feds control at this point. You are betting on Japan committing suicide to prevent the US from having a recession

>>51496144
Eth merge was a psyop cia excess capital sink hole.
Its a stable btc they wanted all along.
Crab wins

>>51496393
>Bond dump
Increases pressure on fed to raise

>>51496444
bond dump will lead to yields skyrocketing and equities plummeting. not holding cash to buy the firesale is insane

>>51496144
Don't freak out until september ends. If there is no dump this month, jews got me because I'm closing my short from 22k before they probably then proceed to dump it to sub 20k

>>51496484
>Bond price collapse corolates with bond yeild increase.
Agreed.
USD is the place to be unless the fed blinks i suppose.
Foreign currency is toast

>>51496297
or it's just, gonna be the last dip before generational wealth is created. begun, the crypto wars have.

>>51496697
>Addendum
Foreign central banks may be tempted to save their currency by raising rates faster than the Fed.
I know my nation is utterly cucked so crypto still has value.

>>51496144
just wait for the rate hike in a few days for the final capitulation

>>51496144
you'll be all right little bobo
monday is coming

>>51496208
Are there any bulls left at this point kek

>>51497458
Both /biz/ and twitter is filled with people who are absolutely convinced that the bottom is in. It’s just wishful thinking based on previous bear markets while ignoring that the Nasdaq chart looks abysmal and that crypto will crash alongside Nasdaq

>>51496342
The Fed has no control over either the eurodollar, or the dollar (which is the eurodollar.)

>>51496189
any preference for the rsi over the stoch rsi fren?

>>51496746
they cant raise faster than the fed without crashing their own debt markets and everyone knows it, total debt in the system is too high
what jerome is really doing is risking the reserve status of the dollar over his limitless stupidity
other nations have no option other than to abandon the dollar because of the global squeeze the fed has created, and once commodity exporters result into barter agreements its over for the dollar

>>51496144
>>51496159
>>51496189
>>51496208
>>51496256
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>>51496274
>>51496276
>>51496294
>>51496297
>>51496319
>>51496334
>>51496342
>>51496393
>>51496414
>>51496444
>>51496484
>>51496497
>>51496697
>>51496704
>>51496746
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>>51497534
same reason it held 6k last time before going down to 3k
its a false sense of security that this is the bottom

I can't wait until it crashes to zero. Then all the cryptofaggots can fuck off to reddit where they belong.

>>51497545
Despite your correct opinion, you're gayer than an assfuck

>>51497619
it's going down now

>>51496144
oh look, another bullcel cope
70% down from ATH and never recovering
cope

>>51497633
Watch it bounce from le epic 19,800 support

>>51497648
85%
EIGHTY FIVE PERCENT
>85%
>EIGHTY FIVE PERCENT

for the price to go down, cucks have to sell. the only people left holding are smart people, like me. and we're NOT selling. now cope.

>>51496393
Japan is a slave nation. So they will commit suicide by jewish command.
They either rebel against globohomo or die by it.