/biz/ - Business & Finance

>>52483844
and that's a good thing

>>52483844
could the opposite happen though? could it pump to high heavens since everybody is expecting another leg down?

>>52483844
>We did it guise we finally decoupled from the stock market!
>We dump when stocks rally and dump even harder when they fall!!!
Holy fucking shit just kill me now

>>52483844
Don’t tell the cryplets

>>52483866
Kek

>>52483858
FTX unironnicly killed crypto in the short term and there is no more trust thus no big money flowing into btc and alts for the next 1-2 years
All these shitty projects will bleed to 90-99% and only the top 20 coins will survive

>>52483844
Literally everybody thinks this is going to happen.

>>52483844
8K is programmed

>>52483844
Or btc will hold while stock market nuke itself.

>>52483858
Yes. OP is a fuckup that doesn't understand these triangles go both ways.

Yes I am aware it's a bear pennant with a better downside target, but the upside target is also perfectly valid.

Is everyone short? Are we getting a juicy squeeze??

>>52484030
Just like everybody was bearish at 30k.

>>52484145
>but the upside target is also perfectly valid
lol no

kek

>>52483858
it could, but with genesis being on the verge of going bust it is highly unlikely. genesis is arguably an even bigger domino than FTX and alameda were

>>52483858
fuck me the permabull cope is unreal

>>52483844
I'm still waiting for reddit to put the suicide hotlines up to start buying back in.

>>52484429
They have done that already with the luna collapse, and the ftx collapse. This overleveraged house of cards still has a way to go. Retail is almost entirely out.

>>52483844
Who cares? Crypto is dead and the very few winner coins are obvious.

>>52483844
just redraw the lines bro

>>52483844
>go on daily
>draw a bear flag
>mark the draw down
>brings us to like the $12.5-11.5k support area
True if big and I'd be a slurper at those prices

>>52484246
No one was bearish at 30K.

>>52486150
Speak yourself. I've been bearish every day since $40k the first time.

>>52486280
most of biz wasnt, that turned only when 20k was breached

>>52483844
Stocks bottomed months ago. Enjoy missing out

>>52487296
What are you talking about? Tech stocks bottomed this very month.

>>52487398
exactly and crypto has so much room to exploe upwards. AT least 21.5k maybe 30k

>>52487296
have you not heard powells latests comments he will crush sentiment again

>>52483844
daily reminder bitcoin can't fall below 13k or mining becomes unprofitable. Also whales can't sell without triggering a domnio effect.

>>52487502
Sentiment is already crushed everyone is bearish af

hopefully it crashes to zero and you have to work at fucking mcdonalds

>>52487296
>bear market rallies = we bottomed out
you're a fucking retard

>>52484145
its higher probability to break downwards.
It's 100% probability to fake out first, either way, and then reverse trapping anyone who took the bait

>>52487296
You've never looked at a chart have you?

>>52487296

>>52484145
the triangle is a continuation pattern
i don't even use triangles to trade brev

>>52484145
10k is programmed