Future of Crypto

[Anonymous No.49551305]

Is the future of crypto going to be:
bullish (green)
crab (gray)
or bearish (red)?

[Anonymous No.49551375]

>>49551305
just do regression bands and you'll be fine

[Anonymous No.49551378]

>>49551305
red looks more realistic

[Anonymous No.49551391]

bottom at $20K then crab for 24 months

[Anonymous No.49551416]

>>49551378
That's my sincere feeling too, look at the way 2018 went and that was without the rising interest rates and market fuckery we face today. I wouldn't at all be surprised to wake up and see Bitcoin 30% or more cheaper in a flash crash.

[Anonymous No.49551429]

the wider economy looks terrible so short term most likely red, but not to the extreme in your diagram. if the markets are so bad that btc hits sub 9k then crypto would be the least of my worries.

[Anonymous No.49551438]

>>49551305
red but not that red

[Anonymous No.49551494]

this chart is the epitome of TA

>the price will either go up, sideways or down
>i am very smart

literally trying to read tea leaves to justify your gambling habit

[Anonymous No.49551511]

The immediate future is going to be red as fuck until this economic shitshow is over with.

After that who knows. Crypto clearly isn't an inflation edge either so it's failed on every level so far. Doesn't mean it can't get pumped anymore but still. Not looking great.

[Anonymous No.49551538]

>>49551494
you're the epitome of the /biz/ pajeet.

contributes nothing to the discussion but acts smug and all-knowing.

I wish you shitskins would leave

>>49551511
>>49551438
>>49551378
Yeah I'm also worried it's going to be red and all altcoins are going to 0. Scary times.

[Anonymous No.49551542]

>>49551511
This economic shitshow is going to last for 10 years

[Anonymous No.49551589]

>>49551305
The chart for total market cap including NFTs would be a better one to look at.
Probably red on repeat for 10-20 years.

[Anonymous No.49551664]

>>49551391
Hoping for this

[Anonymous No.49551790]

>>49551542
The length is irrelevant.

As long as the stock market is having a shitfit, gas prices are this high and people in general are fearful of putting their money in anything, crypto is not well off.

[Anonymous No.49551965]

>1.7k
You know what that means

[Anonymous No.49551989]

no not my elrond coin!!!!! now when i watch the new lotr show im going to get triggered repeatedly.

[Anonymous No.49552214]

>>49551305
I think the future of crypto largely depends on what you choose to invest in. There are still anons making profits in times like this through defi yield farming and auto-compounding vaults.

[Anonymous No.49552282]

>>49551378
>>49551416
>>49551438
>/biz/ is that bearish they actually believe that will play out.
>somehow we aren't at the bottom
Yeah I'm thinking it's the bottom.

[Anonymous No.49552936]

>>49552214
I'd give yield farming a shot

[Anonymous No.49553210]

>>49551305
The price we’re paying for good and services out there now don’t lie. There’s a shit storm brewing and it’s just a matter of time before shit hit the fan.

[Anonymous No.49553259]

>>49551305
Maybe for bitcoin, but not ‘crypto’.

[Anonymous No.49553272]

>>49551305
It'll either go up or down. If it doesn't go up or down, it'll go sideways.
TA is the perfect midwit trap kek

[Anonymous No.49553437]

The Fed will drop a surprise rate hike of 1.25% on Weds. Markets are going down hard, BTC to $19k by Friday, $14k the following week.

[Anonymous No.49553552]

>>49551305
This is among the worst TA I've ever seen

[Anonymous No.49553636]

>>49552282
Hi, newfag, welcome

[Anonymous No.49553654]

>>49551375
How do I draw regression bands in trading view desu?

[Anonymous No.49553749]

>>49551305
>not measuring pre covid

[Anonymous No.49554953]

>>49551305
I would simply say its bullish. The whole financial system has this issue but I have given my shot to alliance block and my profits keep coming in. This pool gives me more APY and reduced impermanent loss, it would definitely scale through this whole thing.