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/biz/ - Business & Finance

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29889825 No.29889825 [Reply] [Original]

It's been going down a lot for quite some time which resembles the last time the bubble deflated.

>NUPL hit euphoria
>Google searches was at very high levels
>Famous people shilled hard
>Doubling speed was below 20 days

All this happened previous top.
I feel like the best case scenario is that it keeps going down 15 - 20 % and then turns around in 3 months or so and keep chugging towards $150 - 200k.
Another scenario is that this truly was the peak for this cycle and we're going to have a bear market for at least 2 years.

Am I wrong here?

>> No.29889946

>>29889825
>normies stopped fomoing and this is a bad thing
it’s a good thing, buy cheap and keep some popcorns on the side

>> No.29889982

>>29889825
yes you are wrong. despite hitting euphoria the macro factors are entirely different this time around.
yes there will be dips, possibly lower than 45k. but we will see much higher valuation as BTC gains value and the dollar loses value.

>> No.29890079

>>29889825
NUPL never hit blue

>> No.29890127

>>29889946
Sounds exactly like the bag holders in denial February 2018.
"Cheap" & "This is good"

>> No.29890132

Elon tweets kinda fucked with the momentum. I think we'll stabilize low 40's and crab for a bit before bull run continues it's course. Alts are finally starting to stabilize and gain vs BTC vs dump harder.

>> No.29890185

>>29890079
I'm pretty sure it did intra-day.
This one is pretty much the same I think? https://www.lookintobitcoin.com/charts/relative-unrealized-profit--loss/
It hit 75 %

>> No.29890239

>>29889982
it's amazing how it's different this time is well known yet people think it's actually different still.
It's not, anon. It felt really different last time too.

>> No.29890261

>>29889825
a midget cycle?

>> No.29890306

>>29889825
The bottom is in bro. Check my diggies

>> No.29890341

>>29890239
inflation rate and corporate adoption not as payment but in treasury. totally different.

>> No.29890345

>>29890185
glass node didnt (to the best of my knowledge)

>> No.29890358
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29890358

>>29890127
correct, before December 2017 I had 3 BTC, thx to the bear run I had plenty of time to accumulate and I have 21 BTC now

>> No.29890379

>>29890306
you had one job!

>> No.29890419

>>29890358
thats actually based if not a larp

>> No.29890455

Tether has literally printed $35B of unbacked dollars, which everyone now knows, so of course the price is gonna go down. Only a fucking brainlet would be holding or pumping more cash in

>> No.29890469

>>29890127
it truly does wat do?

>> No.29890495
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29890495

>>29889825
It does'nt feel like this was the peak, last time it dropped to 60% and 2 months later continue to rise.

>> No.29890496

>>29890341
There are different attributes, but those same attributes are what caused the rally. It doesn't mean it's different as in it won't fucking crash to hell. There were really good reasons behind every bubble that seemed totally bulletproof.

>> No.29890665

>>29890358
do you really have 21 btc anon

>> No.29890680

>>29890496
more like its a different world now

>> No.29890760

>>29890496
the blow off tops are normie driven when they are fomoing in seeing otc desks relentlessly buying and buying. but don't think for a second the floor is not coming up each week.

>> No.29891005
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29891005

>>29890495
Maybe a good time to wait?

>> No.29891174

Don't worry soon all institutions are going to sell their gold, cash in their dollars for bitcoin so they can just sit on them.

>> No.29891271
File: 90 KB, 1752x650, just-as-planned.png [View same] [iqdb] [saucenao] [google]
29891271

>>29891005
we are probably at halfway or at 1/3rd of the bull market. time wise it's obvious we are too early to sell. could there be a double bubble 2013 style certainly but pa doesn't match well.
look at the colors and how btc tops in it's halving cycles... it's early. buy the dip!

>> No.29891301

>>29889825
Just catch it at $3k if it's going down so hard, too easy anon

>> No.29891321

>>29889825
It's not about a bull market, it's about Ada and Bnb gaining momenteum.
There's a war and so far, Ada is smeared into a 1488 coin, and Bnb a slavery coin...

>> No.29891522

>>29890358
enjoy your millions in the next half decade, nigga.

>> No.29891525

>>29890665
It's not that crazy to assume. Thanks to /biz's autism, there are a couple of millionaires in here, and every one of them could buy 21 BTC if they wanted to.

>> No.29892306

>>29889825
>PORK CHOP SANDWICHES!!!
>FIRE!!
>GTFO!!!

>> No.29892369

90k end of March

>> No.29892387

Test

>> No.29892406

>>29889825
No. Elon Musk pumped this shit like crazy, media attention was high with daily mainstream newsreports on BTC price action, nigger tweeting about buying some btc stocks and boomers wanting in on bitcorn. People are currently coping that the times for btc to 100x on a bullrun are over.

>> No.29892546

Btc will go to 38k then the bull run will commence

>> No.29892550

>>29891174
yeah no corporation will ever sell because hodling some crypto is better bisnes than actually providing good and services.

>> No.29892663

>>29889825
>thinks the "bubble" is over
This is just a healthy correction. Nothing to worry about.

>> No.29892702

OP is right though. Weekly RSIs were crazy and we did tap blue on NUPL

>> No.29892944

>>29892406
This

>> No.29892978

op is a newfaggot

>> No.29893082

>>29892406
>Elon Musk made the bitcorn spensive
if your this stupid you need to drink bleach

>> No.29893453

I was concerned about a bear market, but now, if it’s real, I can dollar cost average ETH and BTC for a couple years at relatively cheap prices. This is a long term game.

>> No.29893818

Screenshot this. Btc will be 74k on 15th april

>> No.29893956

>>29889825
It’s looking like the Dec 2017/Jan bubble, I expect a bulltrap to ~$52k followed by a hard dump. Bull market has nearly been fulfilled. We’ll probably see BTC at sub $20k eventually

>> No.29894089

>>29890665
yes i do

>> No.29894111

>>29889825
When the top is in, everone will be unironically talking about hyperbitcoinization and $1M eoy again. All of /biz/ will be insanely hyped. Bobo will be long forgotten. Euphoria hasn't gotten to that level yet so I think we're still in bull mode.

>> No.29894134

>>29889825
Nope. Musk tricked you all.

>> No.29894189

>>29893956
Nah, its headed straight to 3k to fill the gap.
Dont be delusional

>> No.29894413

>>29890665
i had that amount before i found out about biz

>> No.29894465
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29894465

>>29891271
I think stock to flow is the most helpful cheat sheet.
This is the second dip, could go lower to 40k or 35k briefly, then there will be 2 more dips of something between -20 to -40% then it will be over but not before summer.
If that pattern breaks it's over anyways I believe.

>> No.29894499

>>29890185
It rounded up, it was very close to Euphoria but didn't hit it. 0.749 or something like that was the real NUPL. Still not blue in this bull run

>> No.29894630

>>29889825
I don’t think we’ve seen the real bull run yet ,you know it’s here when bitcoin has a massive pump and alts get destroyed