/biz/ - Business & Finance

>>5372090
bull's trap

>>5372090
It's a bulltrap, it literally shows all redflags. I'm sitting this one out

>>5372114
>>5372108


Why are yall memeing this?

>>5372090
This is whats gonna happen, not all people who lost, will buy back in.
This means that those who do buy back in, realize that it will never reach its ATH and now have 2 choices, hold or sell.
Once the firsts starts selling, it'll all come tumbling down again, hence, the bulltrap.
It's not exactly rocket science.

>>5372184
You are forgetting that there is massive public awareness now on crypto and we are growing at 100B market cap a day.

>>5372239
There WAS massive public awareness. Those of the "public" who became "aware" lost their shit in the bubble. Those of the public who did became aware, but did not buy, are not gonna ivnest now either. Only a fraction of those who lost is gonna buy back in now.
However, these are just my 2 cents. As it turns out, I was not always right in the past.

>>5372090
it will oscillate between 690 and 715 for a while

>>5372144
Normies are the reason the price spiked. They're dumping because they're scared. Take the winnings, and buy back in at a lower price.

lol no one knows wtf eth is or does

>>5372144

>>5372331

I dunno, in about a 5 hour span we got all the way back up to 740.

I don't think most normies keep up with the markets that much to be ready on the spot for a sell.

>>5372114
>t. brainlet who cant actually name any of the 'redflags' and is memeing out of his ass

>>5372412
see

>>5372383

>>5372239
>being this tunnel visioned
Normies are seeing big red dildos and -40% percentages

>>5372383

>elliot meme lines

kek

>>5372383
woah there big guy, those are pretty advanced meme lines.