/biz/ - Business & Finance

[Anonymous No.29445001]

>there's people panic selling this dip

[Anonymous No.29445035]

>>29445001
good

[Anonymous No.29445126]

>>29445001
When are the dips going to stop though? That's what, the fourth time today?

[Anonymous No.29445140]

quick everyone sell so you can just buy it back again later at the same or possibly higher price after the bots buy up all the dip before you do. Market corrected

[Anonymous No.29445166]

>>29445001
its called a death spiral sell-off and this is what is known as a crash fucktard

[Anonymous No.29445183]

>>29445001
imagine thinking being that far above EVERY SINGLE moving average would even classify what we have seen so far as a "dip'
No, no sir I'm afraid this is only the beginning of a much larger and much well needed correction.

[Anonymous No.29445625]

>>29445001
40k is the next floor. If it breaks and stays below it, the bull run is over
>tfw bought @ 49k
Meh, I can wait like that time I bought @ 11k, BTC crashed shortly after and lasted months in coming back up.

[Anonymous No.29445642]

>>29445183
>Spread in interest rates between shorter-term Treasury bonds to longer-term bonds is greatest since 2014 as inflation accelerates.
>Fed committed to keeping short-term rates pegged near zero.
>M2 money stock increased from $15.5 trillion to $19.4 trillion during COVID.
>M2 money stock velocity beginning to increase as we enter a period of economic expansion.
The real effects of inflation will be realized as people begin spending money. This could trigger a Weimar hyperinflation scenario, driving assets to exorbitant prices.

[Anonymous No.29445708]

>>29445001
It's a fucking crab market till May. Take advantage and stack sats.

[Anonymous No.29445870]

Suppose you were an institutional buyer. Suppose you wanted to get into a crypto position. Would you line up with the unwashed schmucks and buy at the day's current ATH market price? Or would you sense the weak retail hands, give things a kick or two with some well-timed market dumps, watch the fear set in, and then enter a position 50% lower?

Why would any self-respecting institutional buyer choose the first option? You bet your ass they'd be at least considering the second, and even if they didn't cause it themselves they'd be keeping an eye on the long game and would wait for someone else to trigger it before making their entry. Then they wait.

This isn't meant as hopium, if anything it's a reason to be terrified. The sharks are in the water and they were never, ever going to buy your bags at the price you wanted. You're going to give them your bags for panic prices. And then you're going to do it again. And when the market finally perma-moons, you'll have only a fraction of your original stash and won't even remember why you were so scared or why you ever sold.

[Anonymous No.29446035]

>>29445625
it will hit 40k, find support, back to 56k. get rejected, and back to around 20k. cap it

[Anonymous No.29446117]

>>29445001
bought mow graph, algo and a tiny bit of a bitcoin
don't care either :^)

[Anonymous No.29446119]

>>29445166
and you're what's called a nufag

[Anonymous No.29446207]

>>29445001
lol

[Anonymous No.29446276]

I’m so excited to go shopping soon.

[Anonymous No.29446306]

>>29445870
>d. You're going to give them your bags for panic prices. And then you're going to do it again.
They will crash Bitcoin to $200? Because that's where I bought. They could dump it 90%, and I would feel nothing.

[Anonymous No.29446315]

>there are people panic buying a bear market because they think it's just a dip

[Anonymous No.29446471]

>>29446276
Tits or GTFO

[Anonymous No.29446475]

>>29446306
If you survived the winter of 2014 then I'm not talking to you, you already know. I'm addressing people who still have feels when they look at a chart.

[Anonymous No.29446496]

>>29446315
>50 moving average is 87% higher than the 200
>bear market
Go back

[Anonymous No.29446544]

>>29445642
Starting to think this plus institutions like microstrategy and Blackrock buying any BTC that goes below 20k will drive us up way before the next 4 year cycle top.

[Anonymous No.29446551]

>>29446035
If it goes to 40k and back to 56k, then it’s going much higher. I agree about the 40k bit, but not so much the 56k rebound. I think this bullrun is done, and good riddance tbqh. All the newfags and normies are making me uncomfortable.

[Anonymous No.29446720]

>>29446544
Agreed. If Tesla's $1.5 billion purchase had this large of an impact on price action, imagine what a fraction of Blackrock's 8.676 trillion AUM will do.

[Anonymous No.29446901]

>>29445870
Been thinking the same thing. Now that institutions know that bitcoin always bounces back their is literally no reason to wait for the bear market. <80% last time but if market conditions are right and Blackrock and such want assets to hedge against inflation that are uncorrected to the market they might just snap up any bitcoin that goes sub 30k before other institutions buy them which would lead to much higher prices as a new higher floor is set in.

[Anonymous No.29446965]

AHHHHHHHHHHHHHHHHHH

[Anonymous No.29447190]

What Dip should I buy?

[Anonymous No.29447344]

I bought at 6k and sold at 55k, all you newfags getting scared because you bought in after 50k need to fuck off back to your home

[Anonymous No.29447480]

>>29447344
I bought in at 9.6k faggot.
Enjoy your fiat while the DXY commits seppoku.

[Anonymous No.29447825]

>>29445126
They have to be scary to force you to sell, the more you think you can resist the more likely it is you will sell at the bottom. If a candle closes below the middle Bollinger band it will probably dip to 37K in a matter of 1 day.
This is my experience with other similar dumps, Bollinger is an extremely good indicator in Crypto.

[Anonymous No.29447890]

>>29447825
forgot picture

[Anonymous No.29447902]

>>29447825
Weekly bearish engulfing would also suck

[Anonymous No.29447928]

>>29446965
FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUCK

[Anonymous No.29448023]

>>29447825
>dip to 37k in a matter of 1 day
That's the merciful option. The more likely outcome is a slow, agonizing, painful bleeding out that will make many strong hands sell in hopes of riding the trend downward. Until... they end up buying... and selling again.... and buying... and selling again...

[Anonymous No.29448157]

Pull back's don't even phase me. Probably has something to do with starting in crypto during the first 6 months of the 2018 bear market. I've seen my portfolio swing into the triple digits on multiple occasions. This is nothing.

[Anonymous No.29448358]

>>29446965
HEAD AND SHOULDERS AAAAAAAAAAAAA

[Anonymous No.29448462]

Daily
> ouch
Imagine two-three days of dip.

I've also see the candle just hug the upper band, so...

[Anonymous No.29448515]

>>29448462
This is a weekly chart nigger

[Anonymous No.29448812]

https://www.lookintobitcoin.com/charts/mvrv-zscore/
The indicators are starting to get a little scary. Might only have one more good chance to sell.

[Anonymous No.29448938]

>>29448515
I was talking about >>29447890 but forgot to quote it since I was fucking your BBC-adoring wife.

[Anonymous No.29448996]

>>29448938
So you are a nigger?

[Anonymous No.29449036]

It might go up or down, the floor is quite a bit lower

[Anonymous No.29449128]

>>29447825
This.
/biz/ is still smug as fuck and buying "dips", pink wojaks are only posted ironically in a joking manner. CTs are the same they have not started going silent and still joking about it.
This is not real despair yet. I might start buying when we see price under 40k.

[Anonymous No.29449204]

>>29445870
Sucks for the weak-ass sellers is all I'm gonna say.

To anyone thinking of selling because they're in the red: a good sailor isn't made on calm seas, just weather the storm and buy the dip, improve your profits. Things will improve, just don't obsess short term!

[Anonymous No.29449215]

>>29448996
you let niggers fuck your wife?

[Anonymous No.29449351]

>>29449215
My wife is 2D and exists as a construct in my mind.
Incidentally, she happens to hate niggers,