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

/biz/ - Business & Finance

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53371759 No.53371759 [Reply] [Original]

Bitcoin has had an almost uninterrupted run up from 16.5k to 22.7k over the past two weeks, that's a 40% increase. Most alts have more than doubled.
If you bought in at the 16-18k range, wouldn't it make sense to secure profits here? This run up was fairly low volume with really no rhyme or reason behind it. Tell me, do you think the bull market is back? Because I am hard pressed to find reasons to hold during such weird upturn in an apparent bear market.

>> No.53371774

you should be asking on reddit this is a shitty thread

>> No.53371775

>>53371759
I have already sold it, buy in the dip shit. Make 30% profit, not bad

>> No.53371776

no point selling here when 25k is an actual resistance level thats acting as a magnet for price rn

>> No.53371791

Remember to allow enough to pay your taxes on that and still have enough to buy back in, you degen gambler

>> No.53371883
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53371883

>>53371759
>Bitcoin has had an almost uninterrupted run up from 16.5k to 22.7k

>> No.53371891

>>53371774
I got tired of calling people like you racial slurs as insults, that's all.

>> No.53371942

imagine wanting to sell now that bitcoin is on its way to 200k.
>>53371759
wealth in bitcoin isn't made by those small trades, it's buying around the bottom and selling around the top months/years later

>> No.53372150

>>53371942
200k? In 2024 sure, but not this year.

>> No.53372253

>>53371759
wasn't this run up really high volume though?

>> No.53372456

>>53372253
Not compared to when we went the opposite direction in November last year

>> No.53372480

>>53372456
Yeah capitulation usually has high volume