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/biz/ - Business & Finance

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27114655 No.27114655 [Reply] [Original]

the entire Elon pump of BTC has been erased... Whales used it as a chance to refill shorts and hammered it down to defend their 40k short positions.

Anyone else feel pretty much certain now that btc has entered a bear market and won't see new ATHs for a long time? They're rejecting that area hard as fuck.

>> No.27114828

>>27114655

it's aight it'll give me a chance to get to 2.1 BTC. currently at 1.7

>> No.27114945

I'm still holding some, am I being delusional in thinking we can hold from here?

>> No.27115037

>>27114945
always hodl

>> No.27115056

Half the world has been using cheap oil prices to mine the fuck out of it.
There's some serious whales out there
Anyone that things this thing is going to 100k is literally on crack

>> No.27115201

>>27114655
too bad you cant short bitcoin

>> No.27115667

>>27115056
>Anyone that things this thing is going to 100k is literally on crack
That's because it's going to 800k

>> No.27115709

>>27115056
crackhead here, by 2023 Bitcoin will be surpass 200,000

>> No.27115789

>>27115201
Yes you can

>> No.27115796

Whatever I just want my board back

>> No.27115944

>>27114655
BTC is tied to the lockdowns

The price of BTC belongs below $10k its only USDT which keeps it bloated.

You'll see mid-year if we go back to normal. If lockdowns continue yeah it might double and mc reach a trillion but once lockdowns are over it'lldeflate.

>> No.27115952
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27115952

>>27114655
No you retard because it's moving exactly like it did in 2017 and still hasn't reached the band below the midline and the expected oscillation value on the logarithmic growth curve. It's one more dip away from mooning.

>> No.27116108
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27116108

>>27114655
Don't be glum, the old resistance appears to be the new support. I drew that line line on the daily before the breakout happened. Notice that sell volume is much lower that buy volume, as well.

>> No.27116234

>>27115056
Bitcoin is the only crypto anyone takes seriously and there is a finite amount of it. It is going to moon.