/biz/ - Business & Finance

>>9278955
Jesus H Christ another person trying to compare today's market to 2014 when the cap, number of traders, and number of exchanges were a tiny fraction of today.

It doesn't ((need)) to ((test)) anything. It will do what the market collectively decides.

>>9278955
lol

>constant bullish news about crypto
>it's going to $3k
Yeah just keep holding on to that Tether, buddy. Best of luck.

Finally, an anon who gets it. $10k is a natural failure point; if you didn't tether up just shy of it you're one deluded bullfag.

Your mum needs to test out my skin cream all over dat lush bit ya hear?

Fuck outta here

>>9278955
keep your scam USD coin to yourself. Your disgusting

>>9279056
Hardly surprising your reading comprehension is well below par too

Incoming $3k!

>>9279028
>what are fractals

>>9279108

>>9278955
Why does it need to test that? It doesn't need to test shit.

>>9278955
This is 100% unironic truth.

i think btc will start a complete new cycle. breaking old patterns + altcoins also will break from btc even more. not 2014 anymore. we are going to the moon 4 sure.

>>9278955
BTC doesn't have a list of achievements it needs to tick off before before the next level unlocks you doofus.

>>9279166
B-but didn't they teach you to submit for your masters??

>>9279166
OP is right but in crypto anything can happen. In traditional markets it SHOULD go under 5k for it to "naturally" build back up. They call it "organic" growth but in reality I don't care either way. I kind of hope it goes down so I can keep accumulating amazing projects really cheap, but at the same time I wouldn't mind going to the moon either.

>>9279203
You permabulls are going to mcdonald's 4 sure

>>9279145
What am I looking at here?

I'm fairly stats literate (STEM degree) but I don't really follow le TA meme

>>9279227
Someone copy pasted part of the chart to say it will go like this indefinitely because of muh fractals and trends never break. There is nothing else to get.

>>9279213
Nah it went to 5.9 that's close enough. We been bear for months. This is a new era. Massive selloffs are over. Only normal sellof's now.

>>9279249
Shh you'll anger the edgy jewfros

>>9279257
But I love my Jewish brothers! Why all the hate and fear? It's a new era.

>>9279203
Ya keep thinking that, pal. See what that gets you (kneepads if you're lucky)

>>9278955

You don't even know what a dead cat bounce is. But still a nice pasta.

2/10 made me reply

ITT no coin boomer fuds crypto for no reason other than his boomer dna

>>9279271
let him dream anon

>>9278955
>Bitcoin still needs to test the $3-4K range
Why?

>>9278955
Unironically an analyst for a decently sized private investment firm here, btc while does have the >muh fractals to back up a 3-4k support, its delusional to think that indicators define a market and not the macro of the situation so to speak. You fucks realize this shit is being shilled by public news casting stations now right? At an "unprecedented level never been seen before." Buy the hype sell the news though amirite? Morons. Volume for our petite little crypto market is still at the "early" investors period. We've got at least a decade before we hit the late but profitable period and probably 30 years before the profit margins stagnate such as typical stocks. The secs ruling will pump the fuck out off all alts in the meantime. You pajeet shills are fucked if you buy the shorting hype.

>>9279323
I admire your tenacity and willingness to share but some people jus' gon' have ta learn ya dig??

>>9278955
kys

Hope you guys bought ze dip.

>>9279323
https://trends.google.com/trends/explore?q=buy%20bitcoin

https://trends.google.com/trends/explore?q=coinbase

https://trends.google.com/trends/explore?q=cryptocurrencies

>mfw you and the private investment firm you work for get JUST'd hard

>>9279406
Short btc then pussy, btw 12.3k-12.8k is next targ. >muh google searches represent the market cap. You do realize everything you just shared is in coindicidence with the mean increasing overtime right?

Do you bullfags really think Bitcoin can just bounce off $6K and go straight to the moon? This correction hasn't been nearly long enough. There has been no real capitulation yet. Bitcoin NEEDS a drop to $3K to shake out the final weak hands (capitulation point) and only then will it be ready for a new bull run to ATHs. This will take at least 12 more months to play out.

Right now we're at the 'denial' phase, and Bitcoin has just double topped. When it becomes obvious this recent DCB has failed, we will move into full blown panic. Capitulation is unironically at $4K and from there it will be a long slow slide to the $3K range. There is no way this can be avoided.

>>9279406
my feeling when you thing google trends and normie money matters

>>9278955
i agree, bitcoin is definitely not going to stop until it gets up to the 3-4k range.

>>9279543
If what you're saying is true and we're still headed to depression-tier price ranges. That means we're ALL GOING TO MAKE IT.

>>9279543
Are you 55 years old and work on wall street or something?

>>9279066
Is that coinmarketcap?

>>9279543
100% would long this false double top. Your type dont realize that no matter how hard you shill the bouble pop meme that in a population of 7.6 billion, with 90% of the market being first and second world countries and only less than 2% of that population adopting this newfound get rich quick scheme dont realize that 50k within the next 7 months is far sighted from the actual progress this will make. Its funny as fuck to see how stupid you permabulls are.

btw this thread is LITERALLY "disbelief"
sell if you like, cucks.

I want to pull money out for a house, so fucking bad . . . I have enough, but i know i'll be burning the damn thing down in shame a year from now if I pull out

>>9279543
Believing in strong/weak hands and specifying that as the reason BTC absolutely has to defy all logic and hit 3K

Fuck outta here

>>9279406
Look at this

https://trends.google.com/trends/explore?q=%E3%83%93%E3%83%83%E3%83%88%E3%82%B3%E3%82%A4%E3%83%B3,buy%20bitcoin,%EB%B9%84%ED%8A%B8%20%EC%BD%94%EC%9D%B8,%E6%AF%94%E7%89%B9%E5%B8%81

What happened in Jan and Feb in Japan/korea that made people google bitcoin?

>>9279543
nigger

>>9278955
This is my new fav pasta.

volume now

>>9279242
The guy literally answered a post saying ">what are fractals" with a perfect fractal showing that we don't necessarily need to test 6k again.
That is what there is nothing more of to get

>>9279543
Youre probably just trolling and dont understand how any economic model works but for the unaware masses out there. This bubble burst meme that gets shilled along with bearish mentality is a perfect example of what you should inverse to make massive profits. These are the kind of people who think that their stochastic indicators will determine the market to be the way they want it. Theyre the demographic of traders who (pic related) fomo the hardest. This bubble burst meme is used in both directions of up and down but noone shows the lake at the top determining the volume of water of the lake. When it warms up, you fucks are going to wish you would have gotten in this cheap.

>>9279677
volume during bull run

>>9278955

>falling for the bear trap

>>9279653
You do realize a single institute can pump this market past a trillion dollars easily? >Muh TA
Fuck outta here. If G&S decides to buy in everything /biz/ has been speculating about will be thrown out the window immediately. I repeat, your TA and tests CANNOT predict that.

>>9279406
actually you know what, you're wrong,

crypto is popular as ever, it was much LESS popular in the past few years than it is now

>>9279281
classic boomer cope

>>9279108
Indeed, what are fractals?

>>9279725
if they can pump they should dump first to get cheaper

If btc dumps down that fucking low I’m all inning but doubt it ever will

We've just dumped $500 in eight hours. At this pace we could reach $4K within a week or so, and then we have the long slow drag down to $3K over the next 12 months.

>>9279780
this guy fucks

>>9280328
We also went up $1500 in a few hours from 6.7k to 8.2k.
Fuck off nigger.

>>9280357
Whale manipulation to liquidate and trap degenerate traders. Did you really think that was a natural candle?

>>9280431
And you think this wasn't the exact same thing?
Nice cherrypicking.

> still bearish

TONED.COM

>>9280357
>>9280431
>>9280443
Omega brainlet BTFO.

>>9279066
>1 year chart

>>9279249
t. new to investing

Bears are always way longer than bull cycles

>>9278955
There are people with enough money who decide where the bottom is. There are people with enough btc who decide where the top is. TA works until the big boys play.

The next 2 minutes are absolutely crucial for bitcoin.

>>9278955
you watch Real Crypto?

>>9278955
>falls a couple hundred $
>lol guys were going to do a 50-60% drop

>>9279896
How can they dump if they haven’t bought in yet brainlet?