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/biz/ - Business & Finance

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57621065 No.57621065 [Reply] [Original]

What's the deal with BTC? Is there about to be a crash or an explosion?

>> No.57621252
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57621252

>>57621065
It's been pumping on falling volume. Very bearish. Means a major dump is coming which will undo all the pumpage. Also noteworthy is alts generally haven't pumped much. Another bearish sign.

>> No.57621301

>>57621252
Lol. Lmao.

>> No.57621380
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57621380

>>57621252
>perma spamming 14k is imminent
>thinks bobos have any credibility left
Post short or fuck off

>> No.57621436

>>57621252
the price can be sustained on a volume however thin until selling starts, thin volume reverse signal is similar to overbought/oversold momentum signals, assets can remain 'overbought' essentially forever and that the trend reverses is essentially just a conjecture

>> No.57621507

>>57621252
Almost all volume goes through the ETFs now you ding dong.

>> No.57621684

>>57621507
congrats on this, Bitcoiners
seriously

>> No.57621729

>>57621252
we are in a new regime. ETFs changed the game.

>> No.57622615
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57622615

>>57621252
>It's been pumping on falling volume. Very bearish. Means a major dump is coming which will undo all the pumpage.
This is backed up by the Stochastic RSI on the Daily. Certainly looks like 38k is a real possibility.

>> No.57622680

>>57621065
>"crash or explosion"
a bullrun, and i'm getting into BtcFi in no time

>> No.57622720

>>57622615
I hope you're right Bobo, I didn't accumulate nearly enough on the last dip to $38k

>> No.57622731
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57622731

>>57621380
>14k
Nobody is calling for that. /biz/ has called for 10k for three years and some "crypto influencers" on twatter have called for 12k for half a year or one year maybe. 14k? Basically nobody. And no one has been "perma spamming 14k" on /biz/.

>> No.57622758
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57622758

>>57621380
Funny, I have observed the exact opposite of what you claim

>> No.57623811

>>57621507
>>57621729
hahahahahahahah holy shit btc is actually dead

>> No.57624209

>>57622720
Bobo is right. Trust in Bobo.

>> No.57625266

>>57621065
First one, then the other.