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/biz/ - Business & Finance

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17639536 No.17639536 [Reply] [Original]

Is this the final shakeout?

>> No.17639547

it would make sense
1. it's the weekend, it's potentially bullish to dump on the weekend because it could be a wagie shakeout
2. I'm curently getting shaken out

>> No.17639555

There will be no run in 2020, it's still too early

>> No.17639556

>>17639536
No. Coronavirus will crash the entire economy into the ground. Tech will get hit the hardest, and crypto is tech. Prepare for all of this to go back to mid 2018 levels. $3k BTC, $.17 LINK etc. gonna be a great buying opportunity, hoard cash right now.

>> No.17639589

>>17639536
its all going so much lower than this

>> No.17639592

>>17639536
test

>> No.17639614
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17639614

>>17639536
no, we have traded sub 10K for to long, the uptrend has been broken.
i think we will spend the next couple of weeks trading around the current level, alternatively if we move then it will either be to 10K again or 7K, in either case then it wouldn't form a new overall trend, for that we would need to go +/-1K of either 7K or 10K.

>> No.17639625

>>17639536
yup

>> No.17639662
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17639662

>>17639555
There won't be an insane bullrun, but we're definitely gonna see a big rise from now until the end of the year. Then shit goes parabolic next year.

>> No.17639672
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17639672

>>17639536
It's the beginning of 2020 bearmarket

>> No.17639773

>>17639536
Yes. We won't go below $8,400

>> No.17639830

>>17639536
No, this is Patrick!

>> No.17639867
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17639867

It's the beginning of the 2020 bear market.

>> No.17639883
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17639883

Forced dump, way too tryhard.

>> No.17639924

>>17639556
>Tech will get hit the hardest
How the fuck is the only industry that doesn't require a physical presence for supply + demand chains going to be hit the hardest?

>> No.17639929

>>17639773
This aged badly lol

>> No.17639952
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17639952

>>17639924
this

tech is likely to be a safe haven. industries that /require/ on-site people are going to be fucked way more

>> No.17640095

>>17639929
I-I meant we won't go TOO FAR below $8,400

>> No.17640436

>>17640095
Im sorry fren :(

>> No.17640457

>>17639536

No, one more just after the halvening

>> No.17640535

>>17639536
I have to stop myself from buying more as I haven't got enough cash.
Feels strange how a 10% drop of my net worth doesn't really make me flinch anymore.

>> No.17640558

Made some nice swinggains on that. We can go back up now. :^)

>> No.17640617

>>17639536
Unironically, yes.
This pump will lead to a red weekly candle, therefore completing a successful hand to the cup. Between the cup and handle, corona, impending worldwide recession (see 10Y bond rates and the feds emergency rate cut last week), golden cross approaching, and the halvening approaching.... we finna moon soon. Buy now or be left behind forever.