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/biz/ - Business & Finance

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11567936 No.11567936 [Reply] [Original]

When's the next bullrun and why?

>> No.11567955

When Sergey decides to start the Link run

>> No.11567963

>>11567936
It will start in mid 2020. Because it will be undervalued again by then.

>> No.11567991

>>11567963
if you think this is going lower you are the delusional one.

>> No.11568046

>>11567955
checked

>> No.11568060

New Year
New fiscal year.

>> No.11568079

>>11567991
ETH going to double digits and BTC going to 3k, then we stay there until /biz/ ends LINK posts, then we start climbing slowly

>> No.11568086

>>11567936
Next month.
Biggest bull flag in history

>> No.11568093

>>11568079
whats it like being this retarded?

learn to read a bottom

>> No.11568116
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11568116

>>11568093
I smell Fear in you.

>> No.11568176

>>11568086
lmao "muh bull flag" get fuckin rekt and enjoy 2 more years of anal leakage
D E L U D E D
E
L
U
D
E
D

>> No.11568199

>>11567936
Its not going to be BTC

>> No.11568206

>>11568116
19k to 5.8 then a 3 month peroid of 6.7-6k isn't despair then what is?

get fucked you retard posting generic market sentiment chart. Learn to fud a bit better

>> No.11568210

>>11568116
Return to normal doesn't last 10 months. We are the noise before takeoff.
Even engineers I talk to don't understand the exponential permission-less innovation happening.

>> No.11568225

>>11568116
this, kek

>> No.11568480

>>11567936
After chinese new year ofcourse.

>> No.11568579

/biz/ has been calling the bottom since February and is still calling it. The bottom will come once there is virtually no newfags left in /biz/ to talk about crypto.
Just look at all these anons here defending their beliefs of an impending bull run after 10 years of almost non stop upwards movement.

>> No.11568599
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11568599

>>11568079
>BTC going to 3k

>> No.11568702

>>11567936
BTC will most definitely reach 3k or even below. Anyone who denies this at this stage is absolutely delusional.

>> No.11568725

Biggest bear trap in history!!

What would happen if some entity marketbought 10k btc on bitfinex or bithumb right now?

>> No.11568819

>>11568725
People would dump like mad you fool. You seriously think that the price hovering around 6k for a fucking month is a sign of strength? LOL. Bulls will get weaker and weaker, they can't defend this shit. It HAS to go below 6k, then we can talk again about price.

>> No.11568846

>>11568725
No need to imagine what would happen if someone marketsold the same amount (hint 3-5% movement)

>> No.11568868

>>11568819
Check RSI 6-12-24h

>> No.11568878

>>11568599
unironically expect it to be mid 2019

>> No.11568925
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11568925

THEY CALL IT A BULL MARKET BECAUSE ITS ONLY A MATTER OF TIME BEFORE IT KEKS YOU

>> No.11569193

>>11568079
btc won't go to $3k eth can go fuck itself i don't care

>> No.11569223

>>11568868
>Check RSI 6-12-24h
Okey, I will.. let's see what it's all about

>> No.11569226
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11569226

>>11567936
This is your bull now

>> No.11569257

>>11568868
I checked and so what? The crash won't happen in the coming days, that's for sure. The longer we stall the harder it will crash and long it will take to moon. It is inevitable. Just look at the chart and candles, does the last month look bullish AT ALL? It is the most bearish candle pattern there can be..

>> No.11569332

>>11568868
Why the fuck are you trading on those timeframes? Unless you're a day trading autist those arent accurate as far as long term predictions. During this drop to 6K we have had plenty of times where BTC will break through a past resistance on it's way back up to 11K, 9K, 8K etc. However each time that run back up has gotten weaker and weaker and we can barely hold on to 6400 as it is. There is nothing bullish right now apart from BAKKT coming but even with the BAKKT and fidelity news the market barely moved. Staying near support after over a year of violent climbing (2017) is a bad sign. It means the buying power that was there no longer exists.

>> No.11569361

>>11569332
we are either in for a long sideways market (1 year approx.) or another dump as the final bagholders from 2017 get wiped away and actually lose confidence.

>> No.11569427

>>11569361
This anon is actually right. Just by taking a look at the 1 week chart, we have been going sideways as fuck. No buying power which means sideways af or a dump just like anon said.

>> No.11569474

>>11569332
>>11569427
That's what I'm talking about! Sideways for a month is NOT good. BTC has to dump or go sideways for another year. I hope it dumps to 3k.

>> No.11569498

>>11569474
>I hope it dumps to 3k.
You and me as well anon. My guess is around 4k though, given something like a ~80% correction from ~19K high. Either way, I'll buy some.

>> No.11569802

>>11569498
3K would unironically be BETTER than staying sideways. Right now we have retards waiting just to break even again? What do you think they'll do when they get close to initial investment again? Gonna dump that shit like hot faggot. A bullrun right now at 6k would make it many times harder to break ATH again just because of the people and market sentiment I mentioned before. BTC went from <1K to 20K in a year. Imagine where it would go from 3K or lower

>> No.11569814

>>11567936
No, crypto is dead. If the crash today isn't enough proof for you then no one can help you.

>> No.11569862

>>11569802
I think once bakkt and fidelity launch and people see theres not a lot of demand we will finally see BTC reset way lower than it is now and set up for an even bigger bullrun. Way too many people trying to unload bags right now

>> No.11569874

>>11569862
even bigger bullrun when there is demand*

>> No.11569915

>>11569802
> BTC went from <1K to 20K in a year. Imagine where it would go from 3K or lower
Interesting point, anon. Thanks.

>> No.11570042

>>11569332
To me it looks like 1-3 larger entities trying to aquire at lowest possible prices.

Rises are organic, dumps are engineered.

RSI says we will have a breakout in the coming days.

>> No.11570047

>>11569915
if you think there is a connection there you are a fucking moron. btc simply follows it's valuation arc with some deviation up and down in text book market cycles. the exact bottom and top is meaningless.

>> No.11570077

>>11570047
Its not so much as there being a direct connection. It's that there is less sell pressure when coming from 3K as apposed to 6K. As I said, everyone just wants to break even at this point. I was just trying to convey a point not point some weird voodoo or whatever.

>> No.11570081

>>11570042
Without crashing the market since ”they” are heavily invested*

>> No.11570105

>>11570047
You're a fucking moron.

>> No.11570106

>>11570042
here's a hint: neither of them are organic. Its creating fake liquidity to get out of the market. It's why some alts have had record volume in the last month and never moved. If they want to acquire at lowest possible prices the price would far lower. It looks like someone trying to get out while taking the whole thing with them

>> No.11570114

>>11570106
With out taking the whole thing*

>> No.11570127

>>11570077
>.
you think someone that lost 70% will fold at 80% when he knows very well btc might hit $100k in a year easily? come now... only reason anyone sells now is to maybe buy back cheaper and get more btc for his money.

>> No.11570140
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11570140

>>11570105

>> No.11570147

>>11570127
>when he knows very well btc might hit $100k in a year easily? come now

wait until bakkt does almost nothing to the price and see how bullish will be then. You're one of the people I'm talking about lol.

>btc might hit $100k in a year easily?

Who the FUCK would pay 100K except poorfags trying to gamble to get rich? Rich people arent pumping your bags at 100K.

>> No.11570153

>>11569193
Yes it will

>> No.11570159

>>11570147
>Rich people arent pumping your bags at 100K.
At least not in it's current state. You seem to forget that BTC doesnt even need to be 6K to use it

>> No.11570182

>>11570153
well if it does i'm gonna be the happiest man on earth truly. but i have never been lucky with this shit. i have to scrape and fight tooth and nail for every 1% gain. buying btc at $3k is just a dream.

>> No.11570185

>>11570140
You are a fucking moron

>> No.11570212

>>11570185
right back at you, if you consider for a moment the nature of btc supply and demand what truly drives it and what will happen soon (i'm not talking about gay shit like etfs and idiocy like bakkt) you will see too, where btc will be in 5 years.

>> No.11570279

>>11570212
why do commies always point to supply and demand as if they know what the fuck they're talking about?

>> No.11570357

>>11570279
commies don't even know basic economics what the fuck are you talking about?

>> No.11570372

>>11568079
Fucking hilarious how some of you retards genuinely think /biz/ has any control over the market. Shut the fuck kid, $1k EOY get fucked

>> No.11570511

i got my puts and calls ready for this friday. come at me bears or bulls

>> No.11570936
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11570936

>>11570140
hmm

>> No.11570961

bitcoin is leaving the stealth stage on its currently 10 yer bull run.

>> No.11571230

>>11568093
Why do people think they can read the market?

No one beats the market except by pure luck.

>> No.11571243

>>11571230
But who was indicators?
But who was RSI?

>> No.11571332

>>11570159
it needs to be at 60k

>> No.11571443
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11571443

>what's going to fuel the next bull run?
>we had the luxury of being on the tail end of an economic recession in '14 to light the fire

>'17/'18 was unironically /ourtime/ but instead we scammed our families.

>"smart money" is already tied up in crypto.

>> No.11571552

>>11571443
Bitcoin will hit a million dollars.