/biz/ - Business & Finance

>>55824051
We just entered the first real one ever.

From 2009 to 2022 BTCUSD was in a bullrun. In September 2022 BTCUSD switched into bear market mode. That's when it fell below the long-term support (which the global market had been trading as support since 2015) which then turned into the strongest resistance BTCUSD has ever seen. BTCUSD would currently need a very fast pump of between $7500 to $8500 to get back above the support or in other words break that resistance. During March and April this year, BTCUSD almost managed to get back up above it (back then getting to 32k would've been sufficient), it kept hitting that resistance. Then fell. Which is extremely bearish.

This is reflected in how on the 1 Year candle chart there's now a bearish engulfing candle for the first time ever.

>>55824079
Shhh, don't tell them. I want the Mumus to be unprepared. I want them to hoddel like dumb plebbitors all the way to the bottom. I want them to slowly feel the despair and panic set in. And for them to realize what happened only when it's too late for them.

>>55824648
When you kill yourself this board will get slightly better.

>>55824653
Here we have a Mumu who's angry because deep down inside he knows, or senses, the truth. Later he will direct his anger inwards. It will turn into self-hatred. He, after he realized how much he fucked up, will want to kill himself. This he already feels subconsciously, so he's projecting those feelings outwards by telling bears to kill themselves.

It's sad, really. Because there's no way to help him. We can't save him from himself.

>>55824648
Fuck you you cunt whore fag

>>55824079
Let's wait for the halving before placing bets.

>>55824051
>>55824079
>>55824648
>>55824653
>>55824677
>>55825130
>>55825178

>August 2023
>Are we in a bearmarket?

Are you guys idiots?

Do you know even the most basic of economics?

Do you know the Nasdaq, Dow Jones, S&P500, Tesla, Apple all hit a new ATH?

Even your speculative shit like BTC did a 2x

Does this normally happen in bear markets?

The real bear market haven't started. We got a glimpse of it when we hit $15K. The real one is coming, and we're hitting $8K before the bullrun starts.

>>55825197
kys pooorfag bobo

>>55825178
bull market already started on base chain

>>55825206
Get triggered you number go up retard. Things are different, the economy is fucked and inflation is rampent. Things are only gonna get worse before it gets better. This will keep going until every retards like you who genuinely believes that the cycle will continue forever, capitulates.

>>55825228
>No this time I will totally buy bitcoin when its at $10k please one more chance!!

Even if it were to happen you still wont buy

>>55825236
I have my buy orders ready between $8-9K.

>>55825188
Nice plebbitspacing you got there. Would be a shame if something happened to it.

mumus are so dumb
they had a 100% bullrun from 15,500 to 31k
still asking for it

the bear market has to start yet!

>>55824653
>>55825130
Still hoddeling with le diamond hands from over 60k huh?

>>55824051
We are in the accumulation phase of the market. We might start seeing some changes soon. Let's follow the market. LDO, NXRA, and CTSI are some gems some Based oldfags have been talking about. I'll DCA.

>>55824051
We're still cozying up to the bear, anon. Seems like a prime time to stack up. I'm ramping it up myself, bagging more KREST to snag that juicy Peaq airdrop.

>>55825178
Smart fags buy the dip, only poor fag waits to FOMO & buy the top, now is the best time to grab some low caps, I just got some bags of ORE

>>55824051
I don't f***king care, Anon. As long as holding KREST in non-custodial wallets will qualify me to partake in the 1M PEAQ airdrop.

>>55830891
While you're sleeping on the biz, I own a tokenized Tesla on Eloop via Polkadot and profit from their revenue stream.

>>55830126
DePIN is a game changer, Fag. It allows me to own and monetize my health data on wearables via Brainstem Health, Anon.