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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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28973669 No.28973669 [Reply] [Original]

btc is too high for this point in the cycle. it should be consolidating around the low 40k mark for another few weeks. something is wrong.

>> No.28973751

>>28973669
It's almost like it's a bubble and it's going to dump soon enough.

>> No.28973783

no cycle is the same. we had a high in 2019, a low in 2020

>> No.28973789
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28973789

>> No.28973864

elon pumped it and now the whales pump it for the normies

>> No.28973995

It's almost like half a dozen large financial institutions are onboarding....

>> No.28974166

>>28973995
People act like institutional buyers will keep it forever. They will dump it well before bagholders even realise they've dumped it. When an institution says they're going to do something, they did it weeks or months ago.

>> No.28974197

It's going to 100k.

>> No.28974386

>>28973669
BTC is mooning! Stop being a pussy!!

>> No.28974465

>>28973669
>btc is too high for this point in the cycle.
stop looking at charts
blackrock is jumping in
mstr announced an extra 900M buy
other corporations going ball deep as we speak buying all minor dips

>> No.28974468

BTC does its own thing

>> No.28974588
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28974588

>>28973669
Nobody is selling

>> No.28974631

>>28973669
>1k to 3k early 2017 3x
>20k to 50k early 2021 2.5x
what?

>> No.28975161

>>28973864
this. If it wasn't for Elon it would have fallen from the 30k support level it was struggling to keep

>> No.28976262

>>28974166
>They will dump it
nah they're not paper-handed pussies like you

>> No.28976712

>>28973669
No, everything is going as expected. This is the final run where btc peaks at $1m. It's different from previous runs where retail was driving the price. This time institutions and world goverments are going to pump it. Sell in December and never look back.

>> No.28976811
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28976811

>>28973669
Bitcoin is fine. Actually, it's right between the previous two market cycles. No cycle is completely alike.

>> No.28976861

>>28976712
>sell
NGMI

>> No.28976961

>>28974166
That's why they are buying NOW
They will announce it in a month or two.

>> No.28976966

>>28973669
it's a supercycle anon, get ready to make it. ONLY maxichads will make it tough ... sorry shitcoiners, you had 12 years.

>> No.28977043

>>28973669
tesla buyout pumped the market dummy

>> No.28977092

>>28973789
this

>> No.28977353

>>28976811
so 200k minimum?

>> No.28977730

>>28976811
So it's bound to keep rising? Should I cancel my limit order of 41k€ and buy now?

>> No.28978429

>>28973669
It'll probably hit around 60k and retrace to 30k's and consolidate before a monster move at the EOY.