/biz/ - Business & Finance

It's already losing momentum. Pretty flaccid compared to the previous bart.

>>56052810
Any moves 1k-3k in size, down or up, from here are just meaningless noise. Save the pink wojaks for 19k and green ones for 33k.

>>56052810
No QE means no liquidity which means no pump. Simple as

>>56052810
Its end of the week in Asia. Its going to pump a bit before flatting out and then dumping back to previous levels.

Zoom out. We were at 31k a few weeks ago.

>>56052810
The 1W Stoch RSI is now (fucking finally – it was at 100 in April this year) very near 0 (the blue already hit zero, orange did not though). And BTC is at the bottom of its log curve, picrel. So it's perfectly natural it would pump from hereabouts, from approximately 25k/26k. It's natural to expect a real pump about now. The 1W Stoch RSI can of course though stay at/near zero for a while like it did in 2022 May to June. However for it to do that, some heavy and sustained (over several weeks to a month or more) dumpage would be necessary. And such dumpage would bring BTC below its own log curve (significantly so – already at 21k it would be properly below it), which seems very unlikely to happen. However if that happens then that would be the most bearish thing that's ever happened to BTC and you shouldn't be the least bit surprised if it crashes to 5k for example.

>>56052810
Either Whales are taking out all you short tards or some major news will be announced soon

>>56052810
maybe this was just a test to see who was worthy of hitting the lottery with this, or maybe my meds are just not working anymore, playing duck race for 42 hours straight was worth it anyways

>>56053133
>squeezing between two long functions
you've never taken a math class in your life have you... for fucks sake.

>>56053802
Low-IQer and newfag to crypto detected.

>>56052851
The wojack pepe posting is pretty repetitive.

>>56053133
Do you think BTC will pump past 40k any time soon?

>>56056024
If soon is one year then yes.