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/biz/ - Business & Finance


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57927501 No.57927501 [Reply] [Original]

Everytime btc passes previous ath it goes up by a lot, but this never happened before the halving.

>> No.57927529

the suspense is excrucciating for real. I just want confirmation goddamnit

>> No.57927567

Every time is different.

>> No.57927597

>>57927501
>maybe try not to be autistic and just trade on fundamentals

>> No.57927604

nice ta sirs
how much course cost

>> No.57927607

>>57927501
I'm scared

>> No.57927633

>>57927501
>Everytime btc passes previous ath it goes up by a lot
And this time.......... nothing, just multiple rejections and crabbing.

>> No.57927834 [DELETED] 
File: 98 KB, 1800x1532, Stoch RSI on Monthly as of March 2024.png [View same] [iqdb] [saucenao] [google]
57927834

>>57927567
In some ways yes certain things are always different. But we never had a triple top like now. And ever since the first top in 2021 something has been "off" or "wrong". The Pi Cycle indicator for instance (which wasn't "made in 2019" as the bullcope narrative was near the top in 2021; the math -- which merely is what is visualizes -- exists independently of the indicator itself as a thing) correctly indicated the first 2021 top and all the tops prior, but then that bullshit pump occurred from 28k to 69k (which was blamed on Elon Musk adding the BTC logo to his twitter) and the Pi Cycle indicator didn't indicate 69k was a top at all... which fits with how we all thought of 64.8k (the first 2021 top) as the real top and how the run from 28k to 69k just seemed like a "return to normal" pump or a bear market rally that had been artificially boosted.

And now we have this triple top situation while several other indicators are showing a dump is either overdue or coming soon, like the Stoch RSI on the monthly. So something is definitely different this time, for the worse.

>> No.57927876
File: 98 KB, 1800x1532, Stoch RSI on Monthly as of March 2024.png [View same] [iqdb] [saucenao] [google]
57927876

>>57927567
In some ways yes certain things are always different. But we never had a triple top like now. And ever since the first top in 2021 something has been "off" or "wrong". The Pi Cycle indicator for instance (which wasn't "made in 2019" as the bullcope narrative was near the top in 2021; the math -- which merely is what it visualizes -- exists independently of the indicator itself as a thing) correctly indicated the first 2021 top and all the tops prior, but then that bullshit pump occurred from 28k to 69k (which was blamed on Elon Musk adding the BTC logo to his twitter) and the Pi Cycle indicator didn't indicate 69k was a top at all... which fits with how we all thought of 64.8k (the first 2021 top) as the real top and how the run from 28k to 69k just seemed like a "return to normal" pump or a bear market rally that had been artificially boosted.

And now we have this triple top situation while several other indicators are showing a dump is either overdue or coming soon, like the Stoch RSI on the monthly. So something is definitely different this time, for the worse.

>> No.57927897

>>57927834
Do you think that nvidia getting rugged is an indicator of the market going down? Like gold starting to move up or bezos, dimon, zuckerberg selling stocks?
I am wondering about a significant correction in the spring/summer

>> No.57927906

You're all insane. Just enjoy, will you?

>> No.57927975
File: 169 KB, 749x603, 1706077397999751.jpg [View same] [iqdb] [saucenao] [google]
57927975

>doesn't understand that halvings are mechanical
>doesn't understand that price carries information
>can't put 2+2 together
Sad.

>> No.57928001

>>57927501
>>57927876
It might very well be, learn about waves. This might go violently higher than on average expected. Or dump massively one more time.

>> No.57928047
File: 114 KB, 1800x1532, no triple.png [View same] [iqdb] [saucenao] [google]
57928047

>>57927876
>we never had a triple top
Blind or just stupid?

>> No.57928095
File: 6 KB, 157x322, 1687367055688764.jpg [View same] [iqdb] [saucenao] [google]
57928095

>>57927501
Globohomo is frontrunning the bullrun. It's only going to last a few more weeks so they can cash out, then it's the rugpull to end all rugpulls and perma-bear forever.

>> No.57928309

>>57928095
>wealthy elite want the infinite supply USD shitcoin and not the world's first fixed unit of account
bears are mentally ill.

>> No.57928436
File: 200 KB, 2400x1801, TAcl9d2K.jpg [View same] [iqdb] [saucenao] [google]
57928436

>>57928047

>> No.57928474

>>57928309
Have you been paying attention to the obscene amount of clumsy propaganda and events from the past decade?
The wealthy elite want power, and they will flip the table and tell you it was your fault the whole time for making them do it.
This doesn't mean they aren't basically coddled retards at this point and can't see an obvious play in front of their face

>> No.57928562
File: 56 KB, 1111x688, ''this is a triple top''.png [View same] [iqdb] [saucenao] [google]
57928562

>>57928047
Your extreme newfaggotry is showing. And you're talking about yourself.

>> No.57928602

>>57928309
they are sacrificing the entire economic system to dump worthless money for real value hardware for incoming AGI

>> No.57928940

>>57928309
Why would the elites allow autistic contrarian basement dwellers to make it and hold any amount of power (money)in the form of highly valued crypto?
It's in their long term interest to destroy crypto. The question is when?

>> No.57929310
File: 33 KB, 657x527, YESYESpepo.jpg [View same] [iqdb] [saucenao] [google]
57929310

>>57927501
i prefer to stick with dextools to avoid this shit, i just grab newly released coins and invest for the initial pump and sell high, before leaving, finding another new coin and repeating this process over and over

>> No.57929336

>>57928047
If that candle body closes above 2022 candles, you're fucked bobo.

>> No.57929676

we are at the top of the weekly stoch. and i bet blackcock want more cheapies. im sweatin boys ngl. could be a correction soon. but who knows.

>> No.57929696

>>57928047
looks like a cup n handle forming. giga cycle incoming.

>> No.57929726 [DELETED] 
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57929726

>>57929310
I will be the first one to address the elegant in the room: your frog is just grand!

>> No.57929727

>>57927501

Every bullrun is cycle:

>2012: WTF is buttcoin
>2016: That is a lot of money, but you can't cash out lol
>2020: Shitcoin cassino/NFT ruined real alt's bullrun
>2024: Institutional money

Unironically, eveyr single time it was literally a NEW PARADIGM though

People know of halvenings now, and that every 4 years price doubles. Institutions are in, fiat is burning, this may be the crypto golden bull run, only up for years now

>> No.57929743

>>57929727
Every bullrun is *different

>> No.57929748

Bitcon is going to zero this time.

>> No.57929767

Of course sers! Keep buying! Even though you posted a image proving there are literally cycles after the top, this time is different! BTC to 1 million, SHIB to a dollar!

>> No.57929918

>>57927501
Truth is that looking at this chart the etf pump doesnt look that bad, still very scary, but not so bad

>> No.57929930

>>57927501
2nd cycle had some dumps before moon mission

>> No.57929932

>>57929676
My guess is that smart money bought at the beginning, now the etf buyers are mildly retarded investors. They could dump on them now or wait for the mass of cows to get in. Is scary already

>> No.57929937

>>57928095
the bear will leave it's cave forever

>> No.57930102

I think people are anticipating The Halving this time and trying to pump it up before hand as much as possible to drive the surge from The Halving even more.

>> No.57930142

>>57927501
That's because it's first going to go to what it should have before SBF caused the double top.

>> No.57930180

>>57930142
What would be your estimation? 75K?

>> No.57930202
File: 94 KB, 1001x855, twitter nocoiner btc bitcoin rekt.jpg [View same] [iqdb] [saucenao] [google]
57930202

we go correct from here everyone will go "hurr durr triple top" then it smashes through 100k later this year
also halvings have little to no impact on price not sure why anons are so focused on them

>> No.57930257

>>57929310
That works until you get wiped out.

>> No.57930393

>>57927876
there is massive pent up demand unleashed all at once into an asset it was previously by law forbidden of entry
>we doumpf now look at my basic bitch indicator
nubiz really is fucking stupid

>> No.57930417

>>57927501
It's different because there was no blow-off top in the previous cycle.

>> No.57930471

For all you guys know, we could very likely stay around 50-70k through April and then even dump a bit before pumping again in June. We haven't actually invalidated anything yet.

I'm still convinced there are whales, not intuitions but individual whales, who simply dump the price when it gets a little above where they want. I wouldn't be surprised if we drop all the way to 62k in the next few hours, and then repeat the same exact trick next week.

>> No.57930477

I think it might go down soon but I also think it might go up. I hope this helps inform your purchase

>> No.57930685

>>57928562
Yes, you dumb fuck, it's only not in retrospect, at the time it looked as much a triple top as it does now
>>57928940
They don't get to decide, slavemind. Economy controls all, a fixed unit of account didn't exist, now it does, you can't undo that, you don't even want to as it gives more power to the smarter oligarchs and less to the duller oligarchs

>> No.57930698

>>57930685
95% of /biz/ doesn't realize that a "double top" or "triple top" is only confirmed when the bottom of the dip (in the case a double top) is reached again. They think the N shape is a "double top" rather than the M shape.

>> No.57930710

>>57930471
$1-2b getting drained every week, you can't buy what's not for sale, given the demand the price must rise to free additional supply

>> No.57930728

>>57927501
Already made a new high in 2021 and every twitter faggot and normie said 100k was inevitable lol. Who cares about some meme halving its priced in

>> No.57930774

>>57927876
WHEN WILL YOU HEADCANON LOVING RETARDS LEARN TO STOP PLACING VALUE IN 3 (THREE) DATA POINTS LMFAO

>> No.57930782

>>57930393
LET THEM THINK IT SO WE CAN STILL BUY SOME

TRUST THE TA GUYS

DRAW LINES AND ELLIOT WAVES

>> No.57931480

>>57930782
>ELLIOT WAVES
that has got to be the biggest midwit trap for decades
just image how many people that drove straight into the abyss

>> No.57932466

get ready for the halving dump

>> No.57932656

>>57927501
It’s because the halving is a meme and always has been a meme. The cycles happen at various intervals, there just happens to be a halving between two of them.

Bull cycles only last like 6 months so it isn’t surprising that something that happens every 4 years, also happened to not occur within those 6 month.

Bear market by September

>> No.57932974

>>57928940
It's in their interest to use crypto as a a slippery slope to reduce friction when they introduce Central Bank Digital Currency, then make any crypto but the CBDC illegal.

>> No.57933009

>>57927501
bro i have a feeling this monday is about to be insane for bitcoin, look at this fucking price movement during the weekend, imagine what will happen when btc etf inflows arrive, it's gonna be majestic, we are about to destroy $70k into the dirt, next stop $80k

>> No.57933058

>>57927876
I might be retarded, but wasn't BTC generally shunned by institutions the previous times?
Now, after all this attention (truth) to USD collapse, and the ballooning debt etc, it might be that banks have entered into the game big time. Everything else is going to shit except for tech. And even that has become risky until the effects of AI become clear (bubble/revolutionary). Maybe it has to do with that?

>> No.57933516
File: 731 KB, 700x700, 1706759174966077.png [View same] [iqdb] [saucenao] [google]
57933516

where we are going it really doesnt matter if we correct to 50k or not, just dont get left behind