/biz/ - Business & Finance

>>53372347
It'll go to half of that. 16k retest is cringe Mumu cope.

>>53372347
I never trusted this rally. The world is crumbling down. This is a fake rally, it's manipulated by the financial elites to ruin crypto once again.

>>53372347
Lol you would not buy if it falls back to 16k. So stop screamin. Also if i told you buy xmr, since it's undervalued and dirt cheap, you would'nt either.
It is sad, but you are a NPC and need to accept it.

>I never trusted this rally. The world is crumbling down. This is a fake rally, it's manipulated by the financial elites to ruin crypto once again.

>>53372461
kek, based pic bro

>>53372461
https://www.youtube.com/watch?v=6-7u-DG_4AA

>>53372347
gimme 6k

>>53372347
It's just the first relief rally in a brutal bear market anon
It will go not only to 16k but to 10k too. Just be patient and place your shorts.

>It's just the first relief rally in a brutal bear market anon
>It will go not only to 16k but to 10k too. Just be patient and place your shorts.

>>53372347
I've been checking charts all this time, avoiding noise from Twitter. The way the upward movement is happening, the way htf resistances are being tested... it clearly looks manipulated, no real demand.

Once again, the biggest bull trap I've ever seen. But they won't trap me.

>I've been checking charts all this time, avoiding noise from Twitter. The way the upward movement is happening, the way htf resistances are being tested... it clearly looks manipulated, no real demand.
>Once again, the biggest bull trap I've ever seen. But they won't trap me

>>53372437
>The world is crumbling down.
The elite have infinite money and want crypto, they have to move in eventually. Why do you think they are now announcing "a recession" when we have clearly been in one for the past year, and are now pulling up?
>muh tech layoffs
oh no there goes .01% of BTC value.

>>53372461
I AM capricorn and the only normal type on this chart

>>53373291
my condolences friend

>>53372426
>the bottom is 8k
Probably. We should remember that /biz/ is very good at predicting BTC bottoms. In the 2018 bear market the vast majority of our bears predicted the 3k bottom many months in advance (want proof? here you go - here's a collection of over 60 screenshots of posts months before the 3k bottom: https://a.cockfile.com/PqhaCN.rar ) and the vast majority of our bears predicted an 8k-10k bottom for about two years now (contrary to what the paid shills wanting you to believe otherwise will tell you).

To the newfags who aren't aware of that, see: >>/biz/?task=search2&ghost=yes&search_text=bottom+10k&search_subject=&search_username=&search_tripcode=&search_email=&search_filename=&search_datefrom=2021-02-04&search_dateto=2022-11-07&search_op=all&search_del=dontcare&search_int=dontcare&search_ord=new&search_capcode=all&search_res=post

That search result shows posts mentioning the word bottom and 10k before the so-called "FTX" dump (didn't happen because of FTX). The reason for displaying the search results that way is that shills claiming 15.5k was the bottom and saying it won't go to 10k are now claiming the 10k calls were only made after that "FTX dump", which of course is totally false. Hence why the results are set to show posts before that event. Scroll down to the bottom and click on the [+24] etc buttons to view older posts. Naturally when anons say "10k" they also expect a small dip below that, not for the price to stop at exactly 10k, and sometimes anons said 9k and 8k and 9500 etc, and also posts like "11k to 9k" etc, so that search result does not show all 10k-related posts; only those saying specifically 10k. Unfortunately there were even more 10k posts on /biz/ than what warosu is capable of showing, because many were archived only on wakarimasen (warosu wasn't archiving during that time) and wakarimasen is down.

>>53372347
it'll never be that low again as long as you live. You missed the bottom

>>53372426
another trapped bear. Sad!

>>53373621
that is a lot of cope just to say "i'm wrong"

for reference I'm one of the guys who called for 3k last cycle and I've been accumulating spot for the last 8 months since June 2022 when it went sub-20k. You're just looking for reasons to justify why you're wrong right now. This move is really separating the experienced traders from the pretenders. Sad to see.

>>53373660
congrats on learning from your mistakes in the last cycle fren

>>53373621
didn't read lol

>>53373678
3k was the bottom last cycle and I acquired plenty there so I didn't exactly make many mistakes, fren

>>53373745
true but even you have to admit that you were slightly bailed by covid

>>53373755
COVID only took btc back to the 3k lows and that was for a moment in time. BTC actually recovered faster than tradfi markets despite not getting trillions in liquidity injection, which was incredibly bullish in retrospect

where I actually made mistakes is getting nervous after the rapid ascent from 3k to 13k and when it retraced down to 8-9k, thinking the run came too soon and too quick. I fumbled the bag and sold a chunk of my stack thinking the 20 week SMA breaking would be the end of that little "cycle"

the COVID collapse was one of the craziest things I've seen in crypto and I've been here since 2013. It was literally down 50% in one daily candle and frankly if BITMEX didn't pull the plug on their exchange it would've kept going lower. BTC was truly in a doom loop liquidation cascade at that point with no end in sight. Arthur saved the market.

>>53373796
could be, I certainly doubled down during covid
had a buddy in wuhan so I knew how bad it would be, but the price drop was, as you say, insane

Told another buddy of mine that if LINK would go below $2 I would pour in more and he looked at me like I was nuts kek

>>53372347
How does 10k sound?