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/biz/ - Business & Finance

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52401709 No.52401709 [Reply] [Original]

So what was with the sudden market wide pump from before the FTX shitshow began? DOGE did a 2x and the entire market followed with some alts reaching even higher. How suspicious was this event in hindsight? Almost as if it was manufactured to trap a whole bunch of FOMOers in one last bear market pump before devastation.

>> No.52401772

yeah same thing happened in 2018 Q4 crash
Bitcoin insta pumped like 20-30% then crashed hard

the recent pump was DOGE and Twitter fomo due to Elon

>> No.52402141

>>52401709
We would be at 28k by now if not for ftx
Macro cleared up
Check stocks dxy

>> No.52402165

>>52401709
link was about to break $10
couldn't let that happen breh

>> No.52402210

>>52402141
now that spx approaches 4200 resistance and dxy is primed for a bounce up imagine where bitcoin is going

>> No.52402222
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52402222

>>52402165
merely coincidences

>> No.52402260

>>52402210
>posts
That would be max stupid, first depeg because of this shitshow and then peg again when its bad
But no even if i think we would actually do better then because its so low now

>> No.52402280

>>52402222
Reminds be if every time it was trying to break 5 in what 2019 or 2020

>> No.52402289

>>52401709
>How suspicious was this event in hindsight?
enough for me to sell some during the pump because I expected a cheaper buying opportunity coming up

>> No.52402292

>>52402141
posts like this make me think there will be a similar black swan on traditional markets coming

>> No.52402314

>>52401709
Small relief rally. There is still 500 billion (lol, allegedly) in stablecoins to snipe macro market bottom. Enough fuel for weeks of +20% days.