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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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53261208 No.53261208 [Reply] [Original]

we are touching the 200 day SMA, i hope you newfags realise how important this is

>> No.53261246
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53261246

we broke it
well done, you survived the bear market
hope you all bought
$19,600 BTC

>> No.53261265
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53261265

>>53261246

>> No.53261331
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53261331

>>53261208
>>53261246
I can't get any more E R E C T

>> No.53261375
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53261375

OOOOOOOOOOOOOOOOOOooooooooooooooooooooOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOoooooooooooooooooooooooOOOOOOOOOOOOOOOOOOOOOOOO

>> No.53261387
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53261387

>>53261208
Let's hold it for a week or 2. But this is a big signal

>> No.53261398

>>53261208
Explain it like Im one of those newfags you mentioned

>> No.53261427

>>53261387
agree, need to hold it, but the way we have come up to it and are now smashing through it is exactly what happened last cycle, like clockwork.
just hit $19.8k

>> No.53261455

>>53261387
200 Day moving average can be significant area of support/resistance. Breakout over it and bull run is on

>> No.53261454

>>53261208
WTF i thought it's going to 15k.

>> No.53261544
File: 487 KB, 2528x1646, Screen Shot 2023-01-14 at 8.47.50 am.png [View same] [iqdb] [saucenao] [google]
53261544

>>53261398
blue line is the 200 day moving average of price
in a bull run it is support, in a bear market it is resistance
i don't do TA, but the 200 day sma is the most important indicator in a bear market
in the past when we've broken that level it has signalled the absolute end of the bear market
we will probably go below it in future but at that point it will rise in price and it doesn't matter as much

>> No.53261556
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53261556

>>53261455
>>53261427
Agreed. Our diligence will be rewarded

>> No.53261630
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53261630

Reddit is in disbelief

>> No.53261674

>>53261630
predditors will ALWAYS get the short end of the stick

>> No.53261771

>>53261544
Thanks, just sold 100k.

>> No.53261863

>>53261208
where is 50day line? newfag

>> No.53261872

>>53261771
but anon, please think of the plebitors

>> No.53262099

>>53261630
Kek. This just made me extremely bullish.
It's over for Bobo

>> No.53262321

Is 2023 like 2019? Will it be a relief rally/crab year?

>> No.53262359

>>53262321
i strongly believe we will spend the year between $20-$30k
i think at some point a run up to $30k will happen, maybe mid-year, then we'll pull back to low $20s by end of 2023
then we will ascend into the halving and be around $35k in April 2024
next bull run high between $120-$150k in late 2024/early 2025.

>> No.53262389

>>53261246
19.6k lol
>Did last buy order 2 weeks ago for 5 BTC at 16.5k

>> No.53262430

>>53262359
This is what I was thinking, based on past cycles, the halving year and the mania year are where the majority of the ROI takes place. This would be 2024 and 2025.