/biz/ - Business & Finance

>>57976539
don't care

>>57976563
>t. upset enough by the chart that he felt the need to post a dismissive reply
Oh you care alright.

takes 0 macro factors into account, therefore chartcel's opinion has been disregarded

>>57976539
So you’re telling me Blackrock is loading up and scooping all the supply up just to dump on themselves? This is what you’re saying?

>>57976539
I’m in it for the tech

>>57976646
takes longer to read than to reply
garbage sentiment analysis, garbage memelines going down

>>57976739
They aren't buying anything you fucking moron they collect fees from people using them to buy butcoin. Holy fuck butters are retarded.

>>57976646
dont' care

>>57976764
Kek a low-IQ seething latefag detected.

>>57976539
See I would love to agree with you. 96k is a decent prediction on its own but then you proceed TO ADD A VERTICAL DROP ALL THE WAY DOWN TO 2K. Just completely makes your prediction retarded. I dont even think it's possible for BTC to get down to 2k at this point just on the lost BTC that's out there alone. At least make it make sense just delete that last line altogether it's embarrassing

Based on his other charts, he expects the following:

BTC will range and top at 95K so it will make at most +30% from here.

But his ETH's target is ... 17,5K.

And XRP's target is ... 7$.

I mean ... what.

>>57976539
the rule here, statistically speaking, is far different from "a million monkies with a typewriter". i would say considering fairly limited possibility of variants, and the excessive amount of people making predictions, that just like the sperm that reached the egg, SOMETHING had to be about right. and hes only half right so far, let alone that from all the sperm one reaching the egg is rare, there is still the factor of entering the egg. most of those who try to enter the egg are already too exhausted, and die. just like this concept. btc will never go under 20K.

>>57976804
And yes I read the bottom part of the post but even then why put a line that low? Is it that hard to put it at 10k or anything even remotely more realistic than 2 THOUSAND??

woaaaaaaah he drew da HECKIN line on the chart!

>>57976739
>institutions cope
Thanks for confirming we're in top territory, like OP says.

>>57976796
throw some more 4chan linguo in your post next time it'll help to take you more seriously
if you don't see the level of retardation in op cringe full caps hysterical rambling and the epic ta predicting btc going to 2k you should by all means kill yourself

>>57976836
I hope you're not one of those people that said ETFs were bearish back in 42k. Posting a laughing pic doesn't make you smarter btw

>>57976769
Pretty sure they didn't buy massive stakes in Coinbase, Microstrategy, and Bitcoin miners which they don't have ETFs for to dump on themselves. You are the midwit.

>>57976851
ETF TALK is extremely bearish, yes. We oldfags know this. When you r*dditors start using muh ETF as cope we know we're in for new lows.

>>57976867
>ETF TALK is extremely bearish, yes. We oldfags know this

>>57976867
Bearish means 30k move upwards in 2 months? I think I need a new dictionary

>>57976880
Aaah, yes of course, how could I forget that BTC has never pumped prior to ETFs. ETFs are what enables BTC to pump.

>>57976906
I think you're just traumatized from futures ETFs and your brain can't comprehend the difference between spot and futures because ETFs are in the name.

>>57976539
i can see the tease to 100k followed by mass depression.

>>57976966
Your kind always ends up learning the hard way.

>>57976539
>ALL of these graphs have been wrong... EXCEPT FOR THIS ONE!!! Here's how I can still redeem myself after being sidelined for 1.5 years!!!
I didn't read your post, but I know this is what it says.

>>57976739
>>57976764
>>57976804
>>57976845
You sound extremely poor and desperate.

>>57976539
It's going lower than $2425. It's going negative and if you owned any Bitcoin then Satoshi is going to show up at your door and steal your wallet and shoes.

>>57976539
>now we're in full euphoria
???

>>57977560
common sense about the market like "it's not going to 2k when everyone is in already" is being poor and desperate indeed
how does it feel not being able to breathe through your nose

>>57976539
all I know is you type like a faggot

>>57977592
Isn't tweitter the new beez?

>>57977695
nah usually pol and other boards come here when fomo starts

>>57976539
That and the Media now talking positively about BTC matches with what /biz/ has been saying since early 2021 about how the next bullrun (the one we're in) would be much weaker than the previous, so weak that we'd possibly not even reach a new ATH. Because we recognized that each bullrun BTC multiplies less from the bottom, and so in fact every bullrun is weaker than the previous one.

Back then when the top was reached, lots of newfags thought it would continue up above 100k (which was shilled by the jewish "PlanB" guy) or even hit 250k that year (2021) and some were disappointed BTC hadn't multiplied as much as previous runs. Some even used that fact as an argument to support bullish narratives, like: "BTC hasn't even done a [insert number] X yet, so the bullrun isn't over!" -- they were told by wiser anons and oldfags that it was to be expected, as each bullrun is weaker than the previous. But most of them flat-out refused to listen and just got extremely angry when hearing that.

To learn more see picrel and read the following posts:
>>57757295
>>57757307
>>57758223
>>57758685
>>57761301
Picrel is from just after the April 2021 top of near 65k. We used that pic back then to project forwards in time how strong the next bullrun would be (the one we're in now, or just had). It was a very long term projection since the bear market had just started back then (or so we thought, as it crashed to around 30k and then pumped to 69k which became the true top). But even so, and despite us back then using math based on 65k instead of 69k, we still forecasted (by projecting that math into the future) that BTC wouldn't reach a new ATH in the next bullrun (this one). And when adjusting the math so one bases it on the 69k top, the results remain almost the same; still no new ATH. As of writing this BTC is at 72k which is still extremely close to the established math (established by Bitcoin itself, by it's price action, through how the global market traded Bitcoin).

>>57977810
Pic related. This is some of the earliest posts with that pic. Of course that pic itself is irrelevant and even more irrelevant is who made the pic. The only thing that matters is the numbers and the math which the pic presents and visually represents – numbers and math which was created by the Bitcoin market over time.

>>57977810
For those of you who aren't using 4chan X and thus see those links as "(Dead)", here's the same posts on warosu:
>>/biz/thread/57757295
>>/biz/thread/57757295#p57757307
>>/biz/thread/57757295#p57758223
>>/biz/thread/57757295#p57758685
>>/biz/thread/57757295#p57761301

>>57976539
A GUY ON TRADINGVIEW DREW LINES ON A CHART!!!!!!!!

>>57977883
>it's going to 2k

KEK! 999/1000 times you hit the little play button on the chart to see how it played out, T/A fags are wrong.

>>57976539
It's crazy how many top signals there are and some top-buying faggots desperate for gains still try to delude themselves we're going up in a straight line.

what i can see happen is a drop for 40k for that nice huge inverse h&s though

>>57977810 >>57976539
What also dovetails neatly with all of this is our 3+ year old bottom target of 10k with a dip below 10k, and as well as the CME gap between 9600 and 9700 which was one of the main reasons for why /biz/ settled on 10k in the first place.

>>57976708
Here's your macro factors.

Next time, don't be a newfaggot and buy near the top. Makes you sound desperate and impoverished.

>>57976739
>Blackrock is loading up

Goddamn you newfags are stupid.
Why don't you learn what an ETF is and who actually takes custody of the BTC on behalf of BlackCock.

>>57976854
>Coinbase, Microstrategy, and Bitcoin miners which they don't have ETFs

Those are stocks which are literally in SEVERAL ETFs that they offer.

When will you illiterate retards understand is that BlackCock is not buying for their own personal investment purposes. They buy because that is what they are chartered to do legally to satisfy the distribution and weightings in their index fund products.

>>57977592
Twitter normies are chirping about Bitcoin and MSTR every day. This is the top for this year.

people always get excited when we get to previous ath. i remember 2017 when it broke 1000$ again

>>57976539
I mostly agree. But I think there will be a major correction near or after the having. It'll drop to 40-50 range, then climb back up to around 100-120 toward the end of 2024-mid2025, and that will be the top.

>>57977852
tell me again why this prediction has not been BTFO last two weeks
is the super-top in already
if not when will this become a useless metric
75k? 85k?

>>57976539
>2.4k
Unironic 10k bear here, I'd be shocked if it went under 5k. The absolute lowest I can see is 7.5k or so and that would only last an hour or even mere minutes.

>>57977944
it makes perfect sense when you know we're living in weimar germany

>>57977944
1. NVDA alone accounts for like 25% of those gains, and rightfully so given how much AI is going to fuck with the workforce in the very near future.
2. What? 5% drops aren't "crashing"
3. Bonds are rising on anticipation of the Fed cutting rates, which the Fed themselves have said will probably happen later in the year. I don't see how this is even a point to be made.
4. It's still trending downwards, the "rising" is completely overstated and is not a real concern for stopping rate cuts.
5. "like there's no recession coming" ??? BTC should be synonymous with Gold at this point albeit way more volatile; it makes sense to rise as a hedge against inflation which obviously has been extremely rampant and isn't fully priced into BTC yet.

There's no doubt in my mind that eventually there will be a huge recession as a result of one catalyst or another, but it makes zero sense to claim that this will drop BTC below 10k let alone even 50k. Bitcoin is not the S&P 500, it's a hedge against the US/world economy getting fucked up.

My average entry this cycle was 25k and it's clear now that this cycle is unironically different. Back to point #1, in an event where AI displaces a large percentage of jobs (extremely likely, it's more a matter of when), this would constitute an entirely new outlook on how economic growth is even measured. Labor as we know it would not exist in the same capacity as it has for the entirety of all civilizations, and thus most economic models are instantly deemed mostly useless as a result. THAT is the single biggest risk to the world today and could easily result in a massive recession / civil war / world war / or whatever the fuck else, given how unlikely it is that a smooth transition happens between our current system & some sort of UBI program (if that's even the answer, I have no fucking clue). The rich and poor divide will become even more massive.

ALL of the above is BULLISH for Bitcoin.

>>57978370
and inb4
> "your 4th and 5th points contradict each other retard"
yeah NO SHIT that the government will always push for the easy way out. Inflation is obviously rampant on a macro scale, but in the short-term if CPI goes down then that's enough of a reason to print more and more forever to keep the scheme going for as long as possible. Reminder: it's an election year!

>>57978370
>bitcoin is not the stock market
You're either extremely new, or have been in a coma for many years.

>>57978448

>>57978448
>>57978469
>> this cycle is unironically different
and I'll stand by it. The game is fundamentally different with ETFs and real institutional adoption.

>>57976539
Quick! Someone warn Michael Saylor!

>>57978524
>ETFs
>institutional adoption
holy shit

>>57978524

>>57976539
prediction by the same guy
https://www.tradingview.com/chart/ICPUSD/HggQoaa0-ICP-accumulation-nearly-complete/

>>57978556
>>57978592
kek. Check the inflows and get back to me then. I have rich boomer oldfags wanting to buy BTC to diversify their gold holdings, which has not happened in any other cycle before. ETFs are unironically different and if you can't see that then please post your short positions, I will be happy to screencap for you.

>>57978641
>TA
>on ICP

opinion discarded

>>57976539
muh Elliot Rodgers waves

>>57976539
99% TA is bullshit. Only mine is good. Buy and hold for a year. If you can't do that, you deserve poverty

DUUUUUUUUUDE TA CHARTS LINES PRICE PREDICTIONS LMAOOOOOOO I'M A GENIUS AND DEFINITELY NOT RETARDED OR I WOULDN'T BE SHARING MY GRAND IDEAS WITH RANDOM PEOPLE ONLINE

>>57976739
>>57978524

>>57977989
>a fuckin leaf

>>57978895
How does it feel missing the pump from 15k to 72k :)? You got played

>>57978524
>ETF
>>57978662
>inflows
People like you parroting buzzwords while thinking doing so makes you smart, or makes you look smart, that's a bearish signal for everyone else. Protip by the way, it only makes you look like someone who doesn't belong here and should go back.

>>57976539
>le it will happen because muh TA lines
atleast give some macro economic evidence. For example, the bad CPI number
holy fucking midwit niggas

>>57976769
It's funny when you realize people never do their DYOR and don't even know what a synthetic ETF is. It's basically financial illiteracy.

Uhm... guys? You're gonna wanna see this

>>57977942
there are no schizo scenarios in which it will go that low, the entire economy was stopped and it just made a quick dump and megapump on the market. cuckin is treatening with nukes all day, israel is bombing gaza, ucraine is getting bombed on a daily, its all priced in. also, ai bubble hasnt even begun compared to the dotcom bubble. also, the bitcoin etf just like the gold etf was approved so the rich can get richer during a recession.

>>57979029
TA doesn't lie.

>>57979486
>he thinks 9.7k is particularly low and requires some special scenario
That's only an 87% drop from here. Wouldn't be anything out of the ordinary.

>>57978951
Tell that to the schizo TA fag who made this thread.
> inflows
Yes, that's correct. Money coming into the market causes the price to go up. Crazy right. Do you ever consider the fact that you're the midwit in all of this?

>>57979486
Also
>the entire economy was stopped and it just made a quick dump
In other words you're blaming the March 2020 dump on muh meme virus. Your entire post is about muh news and happenings and events.

Absolutely cringe. If you were in crypto back then you know prior to that dump the market was overbought and the dump had already begun. It had begun even prior to March. And then the supports around 7k failed which was a crucial zone and with that failure people sold off. It was pure trading based on how the chart looked at the time. It didn't occur due to some happenings or news.

>>57976539
kek
are all polcels sidelined or what?

>>57976539
Someone has predicted every possible option for the price Picking one that you like the outcome is silly.

>>57976539
>These types of charts that call for BOTH major pumpage
Proceeds to call 95k as a major pumpage
what a complete faggot, see you at 500k

>>57976539
>Elliott Wave
And when that fails he'll go ummm actually it's the wackoff distribution, yeah yeah we've been through that

>>57976539
What’s the @

>>57979632
Lmao you missed the bottom
The red year already happened, you dumb nigger.

>>57979642
Dunning kruger idiots can never admit when they are wrong. OP will die poor. Every bull market has these idiots that are sidelined the whole way up

>>57979901
OP's chart is bullish you utter retard. It says BTC would pump from 24k to over 70k, which it did. You're seething because it also shows BTC will go down. That means you're poor and a latefag who fomo'd in just recently.

>>57976539
the prediction had a drop from 39k to 24k and a drop from 70k to 50k
neither of those happened, there were very small drops but it went up almost immediately

>>57979925
>It says BTC would pump from 24k to over 70k
Every non idiot knew this already, calling 95k as a "major pumpage" is pure cope

>>57979882

>>57976810
He's also an ICP bull, fucking kek.
I'm sure the permabears' $2k bitcorn buy orders will be filled some day, keep dreaming lil niggys!

>>57979925
I got in during 2018. I'm mot the one begging jews for cheapies LMFAO. The fact that I don't want it to go down is because I have my bags loaded, you fucking idiot. Anyways I didn't bother giving that chart any mind because I already know it's heading much higher than some pussy 90k range
2k dumb is fucking hilarious

>>57980390
fyi my TA is better than everyone else's on this planet. I won't post it here because I hate you insufferable newfag niggers, but you'd be lucky if even 48k got hit again during this cycle LOL

>>57980472
I'm not home so my ID keeps changing when my mobile data drops

>>57980337
>He's also an ICP bull
kek thats all I need to know

>>57980235
Accurate.

>>57980566
>>57980235
Imagine missing the run from 15k to 72k, lmao. Stings, doesn't it?

>>57976539
>I AM NOT A DROOLING SIDELINED RETARD
>WE ARE DEFINITELY GETTING 12K BTC JUST FUCKING WATCH I TELL YOU
>THE MORE IT PUMPS THE LOWER IT WILL GO JUST TRUST ME MAN I DO NOT REGRET NOT BUYING FOR THE PAST YEAR AND A HALF.

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>57976539
Yeah the news on TV all in unison suddenly praising Bitcoin is disconcerting to say the least.
>Undoubtably this thread will make newfags and plebbitors super angry – which is another top signal.
Spot on. You sure got that right.
Some of the best raging seethers ITT:
>>57976764
>>57976845
>>57976854
>>57979642
>>57979901
>>57980390
Sooo triggered. Sooo frustrated. Sooo desperate for gains. Beautiful. I love it. Keep that blood pressure maxed out, plebbit.

>>57980831
one really can sense how poor they are, how they're anxiously sitting there with their $250 "investment" they made at over 60k, praying the pump will go on and having a panic attack at the tiniest dip

94K

>>57980896
Some of them might be very poor, sure, but you gotta remember many redditors made their first purchase of crypto around the tops in 2021 and then held all the way through the whole bear market and only recently have begun to see a profit on those 2021 entries. That better explains why they get so incredibly upset at bearish posts, than them just being very poor. They are terrified that their recent profits, which they waited so long for, might vanish.

>>57977989
it's so fucking over

>>57980831
>Soooo
Lmao I made 80k off the pump from 15k. Keep being sidelined though :). People like you are too weak for the markets

>>57977944
We will pump because its an electoral year. Global liquidity is increasing. Nothing else matters.

>>57976804
>didn't read the post
>responds to something specifically mentioned in the post like a retard

>OP text: Undoubtably this thread will make newfags and plebbitors super angry
>>57976708 appears
>is angry, obvious newfag/plebbitor
>>57978370
>Hours later (naturally he stayed despite the thread angering him - typical plebbit behavior, they get hypnotized by things which anger them and are unable to help themselves), he makes an attempt to defend himself after getting utterly BTFO'd, an attempt in which he makes a fool out of himself
>and then:
>>57978524
>reveals himself to be an ETF/institutions plebbitor, as was obvious from his very first post
P o t t e r y .

>>57977989
No they're not. Look around, most people are bears. Most threads are by bears. You're a bear

>>57978370
The hedge argument was tossed out the window when we broke under 2017 ATH. That kind of volatility on such thin order books compared to every other major financial asset indicates it’s simply a great speculative asset. A feather in the wind riding the tech bubbles stability allowing a window for it to poompa and scamwick traders more effectively.

>>57976563
Honey badger don’t care

>>57977989
Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg

>>57981796
But the pump is literally so they can then dump and bribe politicians and vote counters.