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/biz/ - Business & Finance


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57845225 No.57845225 [Reply] [Original]

BTC has never been this close to all time high before the halving. It's been up only since the bottom. This can only be the ETF right? Does this mean that the 4 year cycle is a thing of the past? Will we unironically go past 200k and enter a new paradigm? Oldfags/financefags only plz

>> No.57845234

>>57845225
Potentially

>> No.57845630
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57845630

>>57845234
Please high-IQ bizfags I need real analysis and answers

>> No.57845674
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57845674

>>57845630
>Please high-IQ bizfags I need real analysis and answers
BTC has merged cryptofags & boomer investing + halving MSN hysteria.

Halving hasn't hit yet. You can figure ut out. You don't need technicals, no one cares about technicals or utilities, people want money printer to go brrrr.

>> No.57846443

BTCs ATH always follows the S&P's

its that simple

halvings are irrelevant because the people who care about it are poorfags who need more than a +100%

It just so happened that the halving of bitcoin lined up with the liquidity cycle...........purely a coincidence because satoshi nakamoto did not understand economics at all right? Crazy cypherpunks

>> No.57846451

>>57845225
It will go over 100k this month.

>> No.57846457

>>57846443
>are
were*
now supply is so low it actually matters more than previously ironically

>> No.57846481

When S&P reached ATH people were still bearish on BTC like retards

they dont know that the boomers literally get a text message from their favorite authority which says 2 words: "RISK ON"

This causes boomers to ape into everything they have been told is risky (i.e. everything except Uncle Sam's sanctioned paper jew money + indexes and real estate)

Btw did you know boomers only have 10-25 years left on earth so their aping is strong and they also love to pass on assets to their offspring

>> No.57846489

>>57846481
Oh and those people with 10 year left are the richest plebians in the whole world. maybe in history

>> No.57846506

>>57846443
>BTCs ATH always follows the S&P's
It did not. Stocks did not have a bubble in 2017/18 nor in 2021. The halving causes miner supply to, guess it, halve, which means for a constant demand there is less supply on the market and price goes up. This then triggers a bull run based on FOMO.
>>57845225
The difference now is that the ETF increased demand (a lot) so that the price went up without the usual halving supply shock. The halving should compound the current effect, but the bull run has already started with the ETFs. We'll know for sure when alt season kicks off and we hit euphoria, luckily we aren't there yet. Last year I thought the cycle top would be in 2025 but it's possible we hit it late this year instead.

>> No.57846536
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57846536

>>57846506
>Stocks did not have a bubble in 2017/18 nor in 2021
they dont need a bubble

I'm not going to spoonfeed someone like you. Figure it out yourselves. Halving my ass

>> No.57846554
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57846554

>spoonfeeds anyway

>> No.57846575

>>57846536
Maybe try not cropping out the x-axis. You know, the one with the dates to actually illustrate what you're claiming. The liquidity cycle dumped in 2022 with Powell's rate hikes, which is when tech stocks crashed and BTC went from 30k to under 20k, but the bull run was long over by then anyway. Before that there was a liquidity crisis with the COVID crash in 2020 but again that was long after the previous bull run ended. Your thesis doesn't pan out.

>> No.57846590

The large money has been "institutional" from usa since 2016 kek

thats why it follows the us market mostly

Thats why people like me bought assloads while you were thinking about the irrelevant fucking halving. Wondering about pre halving dips and shit. S&P ATH fool it's time to go.


How can the halving have mattered? It was bullshit. There has always been so much supply of BTC that people could have brought it to $500. On exchanges...held by miners. OTC desks.

They didn't sell it all because they believed in it. Now they have been able to sell almost all of it. And this is BTCs new paradigm

>> No.57846613

>>57845225
Meme dogcoins are already close to ATH so im feeling pretty bearish

>> No.57846634

>>57846575
I mean you dont really need the dates. That would be spoonfeeding too much.
I have studied this so much that I just know what I'm looking at when I see the S&P and BTC charts.
You come here for validation about the halving? Lame tropes about it? Go to reddit for that. Im offering you a slice of contrarian reality. Investigate it for yourself if you want. I was laughing at people who thought BTC would not go higher. I aped at like 40k. Dec 2023 when S&P crossed ATH

>> No.57846659

>>57846590
Halving mattered when miners couldnt sell because it would have been at a loss. Correlation between electricity and btc price. So they had to hold for the price to increase in the 2012 and 2016 cycle. Now btc is so high that they dont have to hold, so the halving doesnt matter this cycle

>> No.57846660
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57846660

>>57846613
>>57845225
i dunno about big coins, what i know is about memecoins or smaller coins. basically anything related with politicians will or is currently bumping cuz of the elections, like, just look at trump, barron, bigmike, etc
I gained quite the profit out of it, but it's still not finished, if you try now you might get some profit out of it, keyword MIGHT

>> No.57846701

>>57846575
Its simple end of november 2021 the fud became too strong and uncle sam texted "RISK OFF" to his army of boomers. they sold bitcoin like good goys and put it back in S&P which did a hail mary until january 22

>> No.57846706
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57846706

>>57846659
agree

>> No.57846735

>>57846634
>>57846701
I want to apologize to you since you're clearly an oldfren and I dyor'ed a little after I saw this >>57846554
I'm going to look into this more now. Take care.

>> No.57846830

>>57845225
Idk man, every random shit is actually doubling its value and I keep missing lucky I got some $super bags before their integration, now a x2 is a good moment, guess ill keep waiting for a grind.

>> No.57846875

>>57846735
Based. Don't apologize kek. These takes are why we come here instead of other places. i might be wrong but I encouraged you to investigate something worth checking out

>> No.57846918

>>57846634
>I have studied the constellations all my life so I know what heavenly signs mean for the future!

I love you tards. Market is people, and just like people, it does not follow logic 100%. There's a fuckton of emotions, belief, fear and differing amounts of risk-taking mixed in. If there was a clear key to all of this, then everyone would be a billionaire. The market is a complex system where every single person taking part is an unknown variable. It's possible to forecast general trends, or simply noting that what goes up, must go down eventually, but there's no clear answer as to when and by how much.
Only grifters and shills will try to appear as if they have some inside, secret knowledge that they "graciously" spread among some randoms on the Internet. Meanwhile, every day now I see threads on here where someone makes a trashcoin "haha look guys funny dog hat meme normies will buy it moon mission hahaha" and the only fools buying it are gamblers on here who get rugpulled after a few hours and the guy has money to pay for another month of rent. He does that every time he needs cash, most likely.
If this is how you treat your own money, then there's no way you can ever make it in the business. This is just common sense, not technobabble mumbo-jumbo with "I have seen many charts in my life and I graciously will tell you about the future" added.

>> No.57846928

>>57845225
people are about to submit their tax returns. they can invest money to reduce their tax bill.
so people are throwing money in to bitcoin.
thats what this is.

>> No.57847096

>>57845225
The fed has raised rates thinking the market would crash but turns out people have wised up to the fiat scam and are buying stocks-crypto in anticipation to the lowering of rates. All economic indicators look good. Truflation says USA inflation is below 2% which is actually harmful for the economy following the fiat model.
Jerome Powell is in a bit of a pickle, the Fed wants the market to crash to steal more wealth from the market but it just won't. They keep pushing back rate cuts but the market correctly calls his bluff. We are about to see a mega bullrun. Nobody wants fiat anymore. It would not surprise me if states started acumulating BTC to back up their fiat. Snowden said countries are buying BTC and BRICS want to make a paralel payment structure to the dollar.
I haven't even talked about pensions. All rich countries suffer from population collapse. Pension systems are not sustainable at all and immigration instead of bringing economic growth have only worsened the social fabric of society. Young people are giving up on the public system and are starting to invest to make their own pension plan.
Housing is also fucked up. People can't afford to own a house and a lot of people choose not too. Having money on stocks/crypto is just better for your portfolio. Downpayments for a mortgage are stupid expensive nowadays. Better to just invest it while renting.
Do with this information what you will, but commoditties have never been this bullish. It was a fact that only big companies like blackrock wanted fiat to pump their assets and steal wealth from the lower class but nowadays no one wants to hold fiat and are actively welcoming the dilution of fiat to pump their bags.