/biz/ - Business & Finance

>>53119814
gullible?
nigger
I was telling everyone to sell back in nov 2021 and you niggers we're saying similar retarded shit like this
your the gullible one, retard.

>>53119860
Give us your predictions anon

>>53119860
wtf are you talking about were on the same side!

>>53119889
no
i'm bullish now, you're bearish

>>53119884
gongo up

>>53119814
>head and shoulders
looks more like someone touched a ci/biz/en on the shoulder and they tried to awkwardly break contact by shrugging it off

>>53119884
This week is a short trading week. Non farm payrolls this Friday will be extremely bullish. Buy GME calls ending next Friday...do this this Thursday before market close. If you hold bitcoin or other crypto hold on to them until volume starts to dwindle. Then sell EVERYTHING. GTFO. We don't know what will be the cause of the market dump but something is on the horizon. Tick tock.

>>53119884
>I predict bit and 1 united states dollar in the year of 2023. I believe this brotha.

>>53119940
yeah bullish long term. its easy to get lost in your own shit. you are probably praying and hoping for a miracle right now that it wont dump 50%. I don't blame you.

>>53119982
Actually a pretty good call.

>>53119982
>We don't know what will be the cause of the market dump
same play as 2020

>>53120010
what makes you so confident we are going to dump 50%
2022 narrative has been non-stop recession talks
2023 will be the unwinding of that narrative, at least Q1/Q2 of 2023.

>>53119814
>standard book TA head and shoulders

>>53119860
Same experience
Yes i flipped bullish way way too early but its the same feeling
>>53119889
No you are literally a late bear

>>53120112
See pic.

>>53120145
>You are a late bear
The problem with people like you is that you see the markets as an absolute...meaning you can only make money going up. You are a fool for believing so and I suggest you to think a little bit outside the box.

>>53120234
it won't be a boy who cried wolf type scenario because market participants digest information and get in/out of positions at a much faster rate today compared to previous recessions
if everyone expects and prepares for a recession, the likelihood of a soft landing becomes ever higher.

the bear narrative started mid 2021 and has become saturated from my pov.

>>53119860
what do now ?

>>53120112
Did you see the 2008-09 part on your chart?

>>53120112
do you see that double peak in 2008
first people with foresight talk about it the newscycle picks it up but as it doesnt happen in 2 weeks attention spans drop
then the actual recession hits and now everyone is panicking as mainstreet is hit with massive joblosses
protip once mainstreet is in total despair its the time to pick up equities, peak in unemployment correlates close enough with through in equities
crypto might bottom earlier and rise first tho

>>53120331
>the bear narrative started mid 2021 and has become saturated from my pov.
for crypto perhaps
stonks were in bull until the powell speech in late jan 2022, most people refused to give up hope until summer 2022 so we got half a year of bearish sentiment and only a -20% correction on the spy
you really think this shitfest ends here?

>>53120131
>61.8 fib, macd, supply and demand zones

2014
2018
2022
dump

2015
2019
2023
crab

2017
2020
2024
pamp

It's not rocket science, just make sure to stay out of old altcoins

>>53120843
>we got half a year of bearish sentiment and only a -20% correction on the spy
you really think this shitfest ends here?

It depends where you look. SPY dropped 20% because it wasn't as 'inflated' as other sectors, such as tech stocks/crypto - which have already dropped 50-90% from high's.

The 'inflated/overhyped' parts of the market have already deflated, and are back to pre-covid valuations..

Hey all, pro trader here. Most other pro traders dont base predictions off of BTC rather they look at SPY and another coin that I will not name and they trade into BTC using leverage. Other coin recently met a local support and is ready for rebound. With macro TSLA and appl shitting the bed - we are going to crab for another
>2 weeks.

>>53119814
>gullible
I don't listen to anybody besides charts and charts don't lie.
>textbook h&s
I can tell you haven't read any book. Start with Netter's anatomy to learn physiological posture, only later we can talk about deformities maybe even TA

>>53119814
huh? wheres the left shoulder? wheres the head?

>>53120939
>The 'inflated/overhyped' parts of the market have already deflated
no, Tesla is still under 30 usd, dogecoin still in billions marketcap

>>53120814
>then the actual recession hits
bottom was in 2008

>>53120939
pe's are still inflated as fuck and earnings will be revised downward coming this year, stock buy backs will also be curtailed so no i dont think stocks are remotely fairly priced
and the nasdaq hasnt even crashed that hard, just a couple of crappy outliers in it
the more this shitfest progresses the more i see the repeats of 2008, 2022 was akin to 2007 losing the top but still only mildy down and much hope left and then follows the rugpull after a little fake rally to inflict max pain, you can see it in the graph you posted

i mean if it doesnt happen i get a slightly higher buy in but nothing lost on the other hand if it does happen we get a generational buy in with huge upside somewhere in the next 6 months
i will flip on my position and go all in if either powell pivots or earnings and unemployment dont impact pricing on the spy
in short i am waiting for pic related, once unemployment numbers start mooning and hitting peak acceleration is when you buy in on a capitulation dip in assets

>>53122634
see >>53122707
bottom was in march, the first proper capitulation on the spy was in late 08

>>53119814
everybody knows the bottom for bitcoin is 0
basic maths

It's gone down 80% , do you think anyone cares if it goes down fr0m 16k to 10k ? Nigga everyone's already lost their money. Am I going to lose 50% of zero ?

>>53122707
why next 6 months? Does Powel pivots as soon as earnings drop to shit in your opinion?

>>53120919
> 2014
> 2018
> 2022
> dump
+4
> 2015
> 2019
> 2023
> crab
+4
> 2017
> 2020
> 2024
> pamp
+3 now +4. why?

>>53122707
god, i'm in a 1m cash position. if we get a generational buy-in opportunity in the next 6 months i'm set for life
don't do this, don't give me hope

>>53120843
>>53120814
stocks and real estate might continue to tank downward for Q1/Q2 2023 while crypto just sort of hangs around here. once the fed pauses rate hikes that might give people enough breathing room to just say 'fuck this shit im exiting out of this shit system while i still can' and people will begin buying up bitcoin and other cryptos again. its clear that two different financial worlds exist now the tradfi one and our crypto one so there might start to be a divergence along different paths now. this year is going to be very significant indeed.

>>53124283
>why next 6 months
thats not my opinion thats what the best commentators of 2022 as reported by zerohedge all say
its the rate hikes that kill liquidity and activity that need time to work through the system to create a credit event sometime soon
i am not remotely pretending to understand the underlying about it, but its very similar to the last market event
back in sept 2019 smarter people were warning there was a shitstorm brewing in global financial plumbing with eoy 2019 seeing huge swings in stuff like repos that should not happen and then in march about 6 months later we get a totally organic event to crash the markets
draw your own conclusions

>>53124545
typo

I meant 2016

2017 is the mania year like 2013 and 2021

>>53124781
yes this is a risk, but what is expected is not a slow bleed down in stonks but a catastrophic repricing lower or you know the spy acting like a shitcoin
we have seen the exact same scenario in nov/dec 2018 and with the coof, thinking crypto is sufficiently decoupled from tradfi to survive a general and global credit event is way too optimistic at this point
and even if so the downside is far larger than the upside in the very short meantime
safer to be out right now, or at the very least keep some cash so you can buy in more later

actually Bitcoin is leaving the 4H rising double wedge now forming a textbook Keynesian triple top ladder bottom of the obvious heavily back tested 5th Elliot Wave breakdown on the neckline, prepare accordingly

>>53124966
it's aladeen...

>>53120112
>what makes you so confident we are going to dump 50%
I think DCG will dump this shit to 12K.
pic rel from my nigga Cameron Winklevoss

>>53119814
thanks for the buy signal

>>53119814
Hilariously niave take. Did you just watch krowns first 4 videos and thought you were smart enough to make a thread? I'd probably never post again if I were you.. very embarrassing

>>53119814
Even before opening this thread I decided OP was a retard