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/biz/ - Business & Finance

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25839782 No.25839782 [Reply] [Original]

Yes, 2017 had pullbacks. No, they were not this violent. They took a few weeks to play out, and culminated in a capitulation candle that pretty quickly bounced. This is, in actuality, a blow-off top - a 24-48 hour MASSIVE dump that is just getting started, and it signals the end of a bull cycle. This is late December 2017 all over again.

>> No.25839825

digital sto
r
e

o
f

v
a
l
u
e

>> No.25839848

>>25839825
>dre
sup rap bro

>> No.25839937

>>25839782
Nothing else is overheated, you're drawing this conclusion based on le pretty shapes lmfao

>> No.25839994

>>25839782
No they were more violent newfag.

>> No.25840000
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25840000

>>25839782
>and it signals the end of a bull cycle
This is correct, this is a big signal the bull run is over. Now we get a slow -5% bleedout every day until the end of january, hope you didn't close your shorts.

>> No.25840022

>>25839782
>DUUUUUUMP
>t. anxious bobo

KYS

>> No.25840062
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25840062

>>25839782
>this is good for bitcoin

>> No.25840082

>>25839782
Based

>> No.25840127

>>25840000
preach

>> No.25840139

>>25839825
Imagine thinking an "asset" backed by absolutely anything other than an algorithm, which moves down 15% in one day, is a store of value.

Absolute retard

>> No.25840146

>>25839782
this is 2017 but 5x worse in terms of price change over time. The change is not astronomical, but the time frame certainly is.

>> No.25840189

>>25840139
Imagine anything having value in the digital era

>> No.25840258

>>25840146
The time frame of this whole climb is accelerated compared to what it was before. This should have taken far longer.
Most likely Tether quickly exit scamming while they still have the window of opportunity before the regulators start looking into their magical Bahama bank.

>> No.25840299

>>25840000
>le meme chart that fits when i zoom out
bear market starts in march at 40k

>> No.25840347

>>25839782
imagine seeing the money printing and debt accumulation by the govt and thinking btc and crypto isn't going up. this is a shakeout. get ready for 60k btc and 3k eth

>> No.25840397

>>25840347
Cope

>> No.25840402

>>25840347
Based

>> No.25840513
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25840513

>>25840347
based

>> No.25840532

>>25840397
yes cope, those things are not happening. you retards have been saying the same thing all year and bitcoin is 33 thousand dollars. i guess a broken clock will eventually be correct but just imagine not being long on btc and eth. price dips should either not faze you or provide a great buying opportunity. otherwise you are simply too poor and stupid

>> No.25840586

>>25840146
No it isn't you fucking retarded liar. There were several drops in the 30% range over 2-3 daily candles. Stop trying to gaslight people.

>> No.25840938

>>25840189
bullish af

>> No.25840985

Look momma I draw lines

>> No.25841003

>>25839782
I got your MASSIVE dump right here

>> No.25841018
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25841018

>>25840347
>imagine seeing the money printing and debt accumulation by the govt

>> No.25841025

it went from 20k-10k-16k in like 24 hours in 2017

>> No.25841107

>>25840347
based cooper

>> No.25841154

>>25841018
they print money when given money
fed prints money when given nothing

>> No.25841858

>>25841154
>they print money when given money
look at this retard, he bought at 42k

>> No.25842129

>>25839782
>Yes, 2017 had pullbacks. No, they were not this violent. They took a few weeks to play out
Things change over time. Trading this market like its 2017 is like when France fought Germany in WW2 as if it was WW1 and got destroyed in a couple of months. If anything, you should look at 2019 bubble to 14k as less has changed since then but who knows. Point is, 2017 != 2021

>> No.25842195

bobros I got greedy at closed by 20x short at 31300, i should have let this thing ride
fuck

>> No.25842217
File: 235 KB, 453x383, Screenshot 2021-01-11 at 20.20.49.png [View same] [iqdb] [saucenao] [google]
25842217

>>25839782
WILL THIS EVER STOP?