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/biz/ - Business & Finance

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25747725 No.25747725 [Reply] [Original]

Why did the pumps stop?? We were pumping 2-3k everyday in the last days and now Bitcoin is stuck at 40k. What’s going on /biz/???

>> No.25747763

>>25747725
Money is a sociopath and follows no patterns, Bitcoin isn't gonna shoot up. 40k is unironically the new floor, it'll crab for 2 weeks, and then shoot up to 47K where it should be.

>> No.25747770

stock-to-flow-to-link model in full motion

>> No.25747774

Relax same thing happened in december then it nearly 2x'd.

>> No.25747781
File: 269 KB, 1552x1491, HEX.png [View same] [iqdb] [saucenao] [google]
25747781

BUY AND STAKE HEX. RECEIVE INTEREST FOR HOLDING. VISIT HEX.COM FOR MORE INFORMATION. WATCH THE RECENT STREAM FROM RICHARD HEART: https://www.youtube.com/watch?v=2xUviB88tH8

>> No.25747925

>>25747725
Wait a bit.
The money printer is installing an update that enables minting 2.5x as fast as before.

>> No.25747973

>>25747725
tether uncertainity, it will keep pumping after 15th

>> No.25748000

Tether EXITSCAM is happening.

>> No.25748084
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25748084

Hope you didn't leave any BTC on chinese exchanges anon.

>> No.25748195

>>25747725
It’s going to crash in February back to 5k

>> No.25748309
File: 95 KB, 972x777, 1610051340989.gif [View same] [iqdb] [saucenao] [google]
25748309

yesterday was payday

>> No.25748332

>>25747725
40K is about double the amount Bitcoin last peaked at before crashing so it is a huge psychological barrier and an exit point for many traders.

>> No.25748769

>>25747725
ALT
SEASON

>> No.25748817

>>25747725
You must have noticed that alts are pumping now while BTC is going sideways, this is just how the market works.

>> No.25748981

>>25747725
This is unironically a good thing. BTC cooling off allows it to stabilize and alts to catch back up in sats. The problem if it just keeps rocketing up for too long is it leads to a massive correction that could take the wind out of everyone's sails for months

The ideal scenario is if it chills. Like how BTC in april or may shot up to 10k and then stayed around there for a while, and we got a juicy alt season over the summer as a result.