/biz/ - Business & Finance

[Anonymous No.24366623]

guys?

[Anonymous No.24366646]

>>24366623
no, too early. peak in april 2021 then big crash then higher peak then 4 year bull market

[Anonymous No.24366726]

>>24366623
gtfo immediately

[Anonymous No.24366906]

>>24366844
theres no adam and eve because rona crash you fuckin mongoloid download 2 investopedia jpg trader, fuckin youtube shill video level of fuckin op posting graph that doesnt even fuckin match at all bitch.

do a proper TA on tradingview right now with chart saying "biz 29/11/11/29" in red font so i can laugh my ass off more.

but i bet you dont know what tradingview is.

[Anonymous No.24366930]

stop deleting posts and BTFO

[Anonymous No.24366969]

>>24366930
>>24366906
>>24366844
kek btfo. so where are we?

[Anonymous No.24367016]

>>24366623
This graph is so fucking cancerous. Holy shit. No legends and where the fuck is the 2017? Is is white as well? What the fuck.

[Anonymous No.24367075]

I keep saying this and I'll say it again.

2021 December 20k start of parabolic rise
2023 December 300k peak

If you are patient you will make it.

[Anonymous No.24367103]

>>24366969
in retail normies who bought the top , and now sweating their asses off trying to justify their investment phase.

this is literally December 2017 all over again

blow off top at 19400's , giga double top, and crash to 3000-7000$ before Christmas.

we are currently at 26th December 2017 or beginning of January 2018.

and honest to God and on my life, i had a call from a normie friend, telling me on November 23th this week on monday, our mutual retard friend invested 50000$ talking about 100000$ per Bitcoin next year.

This is a fuckin deja vu in the making.

im just silent about it on /biz/ because nobody will fuckin listen and believe me.

[Anonymous No.24367153]

>>24366726
based

[Anonymous No.24367171]

>>24367103
how do you hedge? i dont have balls to short

[Anonymous No.24367211]

>>24366623
This chart is misleading. It’s overlapping a 2 year timescale on a 3 year timescale

[Anonymous No.24367220]

>>24367103
>im just silent about it on /biz/ because nobody will fuckin listen and believe me.
because what you are saying is shit fud, you have faggots like grayscale and microstrategy buying up every single new coin thats mined and more. Using basic supply and demand there is no fucking way this buy pressure will allow it to crash below even 13k man. I'm sorry to break it to you.

[Anonymous No.24367230]

>>24367103
>in retail normies who bought the top , and now sweating their asses off trying to justify their investment phase.
>this is literally December 2017 all over again
Fucking retarded argument. I guess markets NEVER pass their all time highs after a crash then.

[Anonymous No.24367233]

>>24367103

the only thing that keeps me from dumping the rest my btc (which isn't very much) is paypal and all their nonsense. i'm sure their users are generating a lot of demand. i probably should get rid of it anyway but the stupid /biz/ hype makes me second guess myself.

[Anonymous No.24367268]

if usd tanks then bitcoin will be six feet under. look how spooked people got in march.

[Anonymous No.24367291]

>>24367230
But anon, this is literally the same thing as before. We're not even near the same market cap and btc has gone up 300% in 3 months. Dogecoin is worth 5 billion. It's literally 2017 all over again. Bitconnect has been reborn as cardano. IT'S THE SAME WHY WON'T YOU BECOME A PERMABOBO

[Anonymous No.24367307]

>>24367171
tether up, leave amount on the table that You can afford to lose.

if BTC breaks 20000$ with great volume and doesnt dump, go back in and ride as long you have nerves to do so.

Hedge funds are closing out Quarterly and Yearly in December.

Why the fuck would this dump appear in november to form double top ?

Macro looks like the biggest fuckin soon to be in textbooks investopedia double top ever.

Like if this shit dumps from now, new traders will actually learn from this example for years.

OR NOT

and BTC runs. its your money your choice.

/biz/ and twitter looks just to smug, like its just a major dip.

in reality everyone is fuckin losing sleep and biting their nails.

you know if we go to 15,13,10K its a fuckin freefall.

[Anonymous No.24367314]

but btc is always in a bubble. view it as a service: it's a slow expensive transaction processor. doesn't seem so appealing anymore, does it? once you drop any conception of bitcoin as a store of value, the price starts to seem ridiculous.

[Anonymous No.24367368]

>>24367291
Don't forget DeepBrainChain and Bountux have gone up 10x, just like 2017

[Anonymous No.24367384]

>>24367314
cont.

and trustlessness is a feature of other currencies too. bitcoin has no particularly appealing features if you look at it like a self-regulating currency.

[Anonymous No.24367390]

>>24367368
*bountyx

[Anonymous No.24367425]

>>24367368
*Bounty0x

[Anonymous No.24367434]

>>24367384
automation potential of other stuff is dogshit, bitcoin network keeps growing (though slowly), those are facts

[Anonymous No.24367438]

>>24366623
this time is different

banks buying btc right now

[Anonymous No.24367493]

>>24367220
yeah and i choose fuckin retarded thread like this to start my FUD campaign about real event situation, you are fuckin retarded. also believing hedge funds in anything they say, you should go to fuckin plebbit and start your hormones therapy you fuckin tranny with no brain.
>>24367230
technical macro double top of century, world situation, USA elections, rona, stimulus etc etc. i can come up with fuckin psyop tier fud. in my honest opinion, its just same shit all over again. but this time BTC stopped at 19400's and formed a fuckin double top.

If BTC breaks 20000 with volume, im flipping bullish, but for now , im not touching crypto with a ten foot pole.
>>24367233
paypal is not even that big of a deal, like boomers and burgers use it, who the fuck would pay those retarded fees on fiat conversion and then i guess more fees on crypto. if you already cashed out a lot, just leave it be if you can afford it and have doubt.

afterall its just a speculation guessing game. we just talk here, and have zero real power, even if we would gather all fuckin /biz/ users remaining.

old fags are already out, or just lurking not posting shit

[Anonymous No.24367649]

>>24367493
We literally had the same kind of double top at the base of the last bullrun where it hit the previous ATH

[Anonymous No.24367650]

>>24367493
>afterall its just a speculation guessing game

that's true, which is why i'm trying to make good guesses. i think a lot of earlier cryptos including btc have been obsoleted as transaction platforms by newer coins, but unfortunately bitcoin still has marketcap an order of magnitude higher than others. it's a hard situation to interpret but applying occam's razor, i'd say that btc is very overvalued.

[Anonymous No.24367949]

>>24367649
are you fuckin retarded, this is 3 year double top in the making, basically after 2017 attention and bubble there's nothing comparable prior in crypto because those years are long gone and forgotten. literally different world.
>>24367650
>it's a hard situation to interpret but applying occam's razor, i'd say that btc is very overvalued.
top that with ostrich effect and normalcy bias, and we are looking at fireworks in December !

music is playing , windows are shattering. nobody wants to leave

[Anonymous No.24368698]

>>24367949
you are stupid and poor

[Anonymous No.24368757]

>>24367949
>BUT IT DOESN'T COUNT OR EVEN EXIST BECAUSE I SAY SO
kek, what a fucking retard

[Anonymous No.24368792]

This happened in 2016 new fag, we hit ath, dumped 30%, then went 10x from the ath in 2017

[Anonymous No.24368835]

did anyone notice the difference in years? its a shit image

[Anonymous No.24368930]

What people don't get is simply this:
If people believe BTC will go up, it will.
If they believe it will not, it won't.

No need to overcomplicate this.

[Anonymous No.24369007]

>>24367949
The last "double top" he is referencing was also three years in the making, retard: late 2013 to late 2016. Of course, it did not double top and instead went on a massive bull run.

[Anonymous No.24369052]

>>24367949
Astrofag is seething hard lmao

[Anonymous No.24369057]

>>24367949
>after 2017 attention and bubble there's nothing comparable prior in crypto because those years are long gone and forgotten. literally different world.
And that is where you lost me anon because you just seem to be looking for facts to confirm you bias and dismissing facts that dont. You have your mind made up and try to fit everything to your agenda just how the bulls on /biz/ do the same in the opposite direction. In the end nobody fucking knows and every one of us will have to just make up their own mind as to what to do because in the end we will just have to wait and see.

[Anonymous No.24369105]

>>24369057
Don't mind him, he's been a permabear since August.

[Anonymous No.24369170]

>>24367307
yeah dude those funds putting billions are going to let it collapse... genius

[Anonymous No.24369631]

>>24369170
op a retarded poorfag knows more then Numerous billionaires, tech companies and funds they’re buying and holding btc

[Anonymous No.24370300]

>>24366623
DELET THIS

[Anonymous No.24370440]

>>24366623

wow who's the faggot that made this piece of shit chart

[Anonymous No.24370790]

>>24367103
You’re not as smart as you think you are.

[Anonymous No.24370843]

>comparing a 2 year graph with 3

[Anonymous No.24370876]

https://greater-fools.com/2020/09/13/bitcoin-pricing-models-for-macro-cycles/

bullmarket hasn't even started yet.. noobs

[Anonymous No.24371038]

>>24367307
We are also just in our own bubble. When local newspaper write about bitcoin in their headlines, then its the next ATH. Now we have the same like 2013 when I wanted to buy but I did not. Why? I looked at the chart, saw it was already at $1000 few years ago and tought about waiting is more safe, maybe it is just again a bullback. I did not look longterm charts and did not dig deeper into it. Then I forgot (because media was not writing anymore) and I did not care. However, just hold long term, maybe even 10 years, and make it.

[Anonymous No.24371092]

>>24370876
we are literally in the stealth phase
this is where smart money accumlates

[Anonymous No.24371117]

>>24368792
this.

Also history can repeat, but history must not repeat. This cycle will take much much longer then most people think. Cycles expand. And one rule: The market does different then majority of people think.

[Anonymous No.24371167]

>>24370876
Unironically this

[Anonymous No.24371387]

Why are people buying against a downtrend if they wait surely they would get a better price it doesn't make sense, please can someone explain to a smooth brain.

[Anonymous No.24371502]

>>24371387
Nobody knows when a downtrend will reverse, and the subsequent move to the uptrend can be very fast. You will then be forced to buy after a pump, or sit in disbelief while the market climbs away from you.

[Anonymous No.24371540]

>>24371387
Swing trading the most parabolic asset in history, ngmi

[Anonymous No.24371561]

On one hand, I hope it crashes so I can get back in.
On other than, I suspect one day crypto will actually reach mainstream adoption somehow and I'll be left behind if it's too soon.

[Anonymous No.24371590]

>>24371561
both healthy greedy instincts... Best to go with the greedy desire that is more long-term oriented tho

[Anonymous No.24371609]

>>24367075
You will feel pretty retarded when other projects surpass BTC in 2022 in market cap.

Just because it takes time for people to figure out what you already know doesn't mean that what you know now will somehow get you to become one step in front in the future.

[Anonymous No.24371641]

You fuckin retards wouldnt be talking about crypto if we cut out 2017 from timeline. 2017 was literally the most important fuckin year for both markets and crypto space to date. If you faggots want to compare 2013 fuckin market situations, some shitty fuckin exchanges, no etherum, no icos scams , no leverage to fuckin current situation and im retarded.

You have been rugpulled this week. Merry christmas brought to You by people who manipulate and control this market, and will still control it until the end of it.

Guess who bought the rona dip the most, exchanges, then they otc to hedge funds and big playas and vice versa. Then they unloaded in August and Novemember pumps.

I wish i am fuckin wrong about it. I wish BTC goes to 20k and beyond but its 2020 so dont get your hopes up kids.

See ya and never leave the cash on the table

[Anonymous No.24371649]

Smart money has been accumulating for a long time, retail normies have not jumped in yet. The institutions that have been pumping mega bucks into BTC will not let it drop too much, they will buy the dips and grow their bags....

BTC will put the last bull run to shame in the next 12 - 18 months, perhaps longer....

Excited.... next bullrun will be the Make-it run for me, my bags are pack

[Anonymous No.24371669]

>>24371641
you're typing up a lot with your reddit spacing in this thread, and I haven't read any of it. keep seething.

[Anonymous No.24371684]

>>24367103
added to my loser collection

[Anonymous No.24371708]

Yeah and one more thing, Sergey dumped 5 million Link approx 55 000 000 dollars in November alone. Thats what i call derisking

Night night

[Anonymous No.24371733]

>>24371684
Repost it on Christmas.

[Anonymous No.24371774]

>>24371684
Good Call

2017 run was fueled by retail normies, these guys generally have weak hands.

This bullrun is being fueled by Institutional investors.... They know how markets work and their hands are strong. Also tattoo onto your brains the fact that these big players do not spend billions on a whim, they research, they talk, they plan, they collaborate....

Normies will get wrecked in this current cycle, but that wreckage is still a long way away.... We are all super early, buy, hold and be comfy...

[10BTC !AMdZUNEizI No.24371824]

>>24371733
deal

[Anonymous No.24371898]

>>24371774
Your....posts...are....so....true...

Its like you bought and you have your bags....and they ...have to go up right....

No hedge funds....is shorting....they buying....the Bitcoin....


The fuckin Bitcoin in 2020 at 19000$ with 100 of their folio, thats the fuckin plan of December 2020 of hedge funds, hey they even go 30,50, maybe 70 of their folio with it.

Im out this is absolute fuckin insanity.

[10BTC !AMdZUNEizI No.24371999]

>>24371774
i see it dropping to 15 soon, 12 maybe the lowest, the bull ist just getting started.

[Anonymous No.24372235]

Whatever you think the value of BTC should/will be it is currently being overbought and this is reflected in non-organic price movements which are not sustainable. It needs a massive retracement which would be healthy and lead to an ATH, look at how it has crabbed today the price is going nowhere. Im not a bear but sometimes you need to take a few steps back to take one forward, also I sold at the top so need to buy back in. People seem to have forgotten all the unfilled CME gaps.

[Anonymous No.24372591]

>>24371540
Bagholder telling me im ngmi kek. I sold the top old chap, im comfy.

[Anonymous No.24372618]

i knew you guys would come up with the longer cycles bullshit eventually

[Anonymous No.24372709]

Kek a bunch of moonboys 'thinking' number must go up always.
>Muh institutions.
>Muhh citibank.
>Muhhh Rothschild.
Can't wait for the red wojaks. Few anons doing gods good work. I salute you.

[Anonymous No.24372733]

>>24367307
>it might go up
>it might go down
everytime!

[Anonymous No.24372788]

>>24366623
100k?

[Anonymous No.24372801]

this is the only graph worth watching

[Anonymous No.24372831]

>>24367307
>if BTC breaks 20000$ with great volume and doesnt dump, go back in and ride as long you have
mplying he will get in at a good price and not at x1.60

[Anonymous No.24372884]

>>24372801
That meme graph literally means no one is coming to buy your heavy bags.

[Anonymous No.24372898]

>>24367307
It's not a double top you absolute brainlet. The double top is when the neckline is broken (implying it will go to the 3k.. which is very stupid to think)
This is simply November 2016 and the recent dip in these days is very bullish
2 cents

[Anonymous No.24372899]

>>24372884
or maybe it means they are not (yet) has heavy as you think

[Anonymous No.24372922]

>>24371898
>Its like you bought and you have your bags....and they ...have to go up right....
Lmao

But yes

[Anonymous No.24372930]

>>24372884
>That meme graph literally means no one is coming to buy your heavy bags
cope moar gold cuck

[Anonymous No.24372931]

>>24367103
seethe moar

[Anonymous No.24373021]

>>24372884
No normies, nobody cares about the normies. The big investors are all that matters. When they pump the price the normies will fomo and we will get normie interests levels up to 2017-2018 levels again where they will get recked

[Anonymous No.24373092]

>>24372801
bitcoin has the same price as 2017 with 25% of the interest
what does that tell you?

[Anonymous No.24373218]

>>24372899
Wut?
>>24372930
I can't wait for you too realize that you missed selling the top twice.
>>24373021
Kek. Institutions can long, they can short. They're smart enough not to buy heavy bags. No ones coming. I recommend starting the seething process sooner rather than later.

[Anonymous No.24373297]

>>24372801
LAGGING
INDICATOR

[Anonymous No.24373745]

>>24366623

[Anonymous No.24373771]

[Anonymous No.24373900]

>>24367016
i was just thinking this. what a cluster fuck graph. lol

[Anonymous No.24374104]

>>24367075
The chart shows otherwise. Gonna be late 2021. Maybe August 2021 is the peak.

[Anonymous No.24374302]

>>24367307
>fuckin soon to be in textbooks investopedia double top ever.
Double tops are not separated by years. In which case every crash recovery is a double top. That makes no sense. Msft and amzn had double tops too then.