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/biz/ - Business & Finance

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15256642 No.15256642 [Reply] [Original]

Well, looks like the total market cap closed below the 100 day MA. Reminder that the last time that happened was about 3 weeks before the huge capitulation dump in November of 2018, during which we saw 50%+ dumps across the board.

It's fucking over.

>> No.15256682

Finally

I've been waiting for this shit to dump

>> No.15256696

>>15256682
Then you're in luck. I fully expect sub $5k BTC, sub $100 ETH, etc. within a month.

>> No.15256787

>>15256696
God I wish this was true.
I just can't see the rest of the world playing ball. Everyone is devaluing the currencies we measure against BTC. BTC can stay neutral and still gain against fiat. oops, someone should have told you that the supply and demand of both sides of the trade is what's important. Not a moving average.

>> No.15256799

>>15256642
I bet you guys act like you know so much when you talk about BTC hahaha.

>> No.15256811

>>15256787
Demand for BTC is plummeting. To the extent national currencies are suffering devaluation, this will prop up the dollar, not meme bucks, you delusional bulltard. Speculative currency with a history of losing 80%+ of its value will not draw "investment" in the face of a real financial disaster. It lost 20% in the last couple days alone for Christ's sake, and is dropping at a rate of $50/hour SUSTAINED right now.