[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 444 KB, 600x765, 14c.png [View same] [iqdb] [saucenao] [google]
49727514 No.49727514 [Reply] [Original]

Once BTC goes under 20k it's unironically over for at least 2 years

BTC currently is being propped up by a lot of institutional money from the likes of wallstreet, and many of these institutions are poised to bail as soon as it tanks 20k

Why 20k? because this was the entry point back in late 2020. Once BTC even steps under 20k the ensuing retail panic will trigger stoplosses, and institutional money will come out of BTC, causing all the liquidity to dry up. It could only take a few weeks

TLDR Cash the fuck out NOW and buy back in AFTER the apocalypse. You just missed a relief rally but its not too late

>> No.49727595
File: 22 KB, 992x527, 1619570441341.png [View same] [iqdb] [saucenao] [google]
49727595

>>49727514
>Cash out now
Like that will do me a lot of good now that I'm already down 90%