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/biz/ - Business & Finance

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53441557 No.53441557 [Reply] [Original]

Bitcoin is doing that thing where it’s gona stay up as long as it possibly can to trick as many people into thinking 22-23k is the new floor and that 15k was the bottom, and it’ll do this for months, until many people have capitulated, and that is when it will out of nowhere suddenly crash to 10k, only after it’s convinced more and more people to buy

Seen to is movie all too often

>> No.53441630

>>53441557
I don’t think months maybe like the rest of this month.
I also am having doubts about $10k
Let’s say it breaks down and forms a new range from like 13-17k for months.
How many people do you think would just wait salivating at the opportunity to finally be so close to that magic $12k number only to miss it by like $1,000. How bad would that sting if it just went up again after months of that?
>this rally will fail like the others
I’m open to any and all possibilities but that’s what I’m leaning towards now. Front run the 12k fags while dangling that carrot the whole time.

>> No.53441648
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53441648

>>53441630

>> No.53441659

wrong, line only go up
Source: its gone up the last 3 days
Counter argument:
>Seen to is movie all too often
This is the intelligence of red line go down posters. Compare it to the green line go up posters intelligence. It seems obvious which way line will go now

>> No.53441668

>>53441557
You missed the bottom and are coping HARD. We will crab of course, but the lowest we go from here is 20k unless there is (another) (((black swan))).

>> No.53441683

>>53441668
impossible, I have already proved line will go up from here. You're talking about animals we eat when I'm talking about financial independence. Please take your medication schizophrenic and leave this discussion to the green line cult

>> No.53441703

>>53441648
Wow this changes everything

>> No.53441806

>>53441557
Anything under 30k is a good deal, if it goes to 10k it's an even better deal.
Eyes on the prize in 2025 don't sweat the short term.

>> No.53442694
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53442694

>>53441557
>Seen to is movie
Did you mean "seen this move" ?

Anyway yeah that might be it, but it'll probably not crab for months. The final dump you're talking about will be the "Despair" dump. We already had the "Capitulation" dump.

>> No.53442700

I don't mind another crash if it comes in a few months. By then I'll have some capital to throw down and then I'll bide my ti.e for this gs to go back up. I'm more concerned we're at the new floor and I won't be able to buy at a low for a year or two

>> No.53442705
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53442705

>>53441668
posts like these are a sell signal

>> No.53442718
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53442718

>>53442705
look at 2019. when reversal happens it doesn't go back. market holds onto it. 2019 bled out for months and only returned to bottom with the black swan event.