/biz/ - Business & Finance

>>9528912

Thanks just straddled 100K

>>9529192
Unironicly all in on long

>>9529211

You know this thread is accurate by its low number of responses. Meanwhile some bearcuck thread will probably get 100+ replies with everyone saying how crypto is DEAD.

>>9528912
its pretty clear that we are starting to reverse from here with the recent double bottom

>>9529211
>>9528912
>>9529261
>>9529286
we need a bigger correction for a reversal.

if btc touches 7k and bounces back up then i'll become unironically bullish.

but for now, it's a good time to short

>>9529298

This market is unpredictable, the logical place for a reversal is 7k but that doesn't mean itll play out that way. Just look at the chart, look at the StochRSI, the reversal happened at 6.5k, then we retraced to 7.9, now we're gonna hit 11k and retrace to 10k.

>>9529298
I hope so. If it doesnt hit at least 7950 i'm unironically JUSTED

>>9529298
you cant just use TA on this highly news influenced market.
We recently had consensus which could attract a lot of new investors/institutional money.
Coinbase is restructuring for institutional investors.
Nasdaq crypto exchange is launching.

There is a ot going on that could lead to a massive influx of new money and people start to realize this.

>>9529311
>look at the StochRSI
stopped reading there

>>9529331
>news influenced
all normie are long gone, now it's simply a bunch of wall street whales and exchange playing with the price to liquidate margins.

crypto has to properly bottom out before the meme bullrun, because now no sane normie would spend a cent on crypto and we need new money

>>9529374

>Back test StochRSI lows
>Consistently predict bottoms 8/10 times

It isn't even about the TA, it's just whales like to 'paint' the indicators. Regardless all the price movement between 6.5k and now has been a shake out, the nature of shake outs is they end when volume 'bottoms'.

Now expect a rise in volume in tandem with a rise in price.

Who here /green/?

GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO GREEN DILDO

OP post proof.

text-book bulltrap

>>9528912
post proof

>>9528912
based

>>9529331
You forgot about Goldman Sachs backed Circle buying Poloniex and creating their own version of Tether. They're creating their own pump machine.

Then, perhaps the biggest news coming from Consensus: https://www.thetradenews.com/nomura-becomes-first-crypto-custody-bank/

Plus the G-20 will release their unified crypto regulation in July ...

>>9531036
thanks for the additions