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49869647 No.49869647 [Reply] [Original]

Nobody really believed that this is more than a dead cat bounce do they? Are you guys joking?

>> No.49869789

I still don't see this lasting , there hasn't been any good news announced and everything is still on track to get more expensive. I'll comfortably begin to dca at 13k

>> No.49869845

>>49869647
It nearly hit the 300 week ma anon. Economic conditions aren't THAT bad. Employment is high and the economy is strong. Inflation is mostly caused by fuel prices and supply chain issues in key industries (e.g. tech).

>> No.49869863

theres so much liquidity leaving crypto, I doubt this scamwick makes it to 22k. best to wait

>> No.49869889

>>49869789
I'm still dca'ing but I have no real hope anything here lasts. 14k is really where I'm gonna start buying with more conviction but for now just small orders. I've held what I have so I'm not super concerned. The fed rate inflation and recession shit is too much for me right now

>> No.49869907

>>49869845
Lmao

>> No.49869914

>>49869647
...anon, check the date 6/21
21/6

>> No.49869927

Do you dumb fucks have no idea what dead cat bounce means?

>> No.49869992

>>49869845
>totally not caused by 80% of money supply being printed in under two years
ngmi dumbass

>> No.49870129

>>49869789
>13k
You will still wait for it back at 30k.
Crypto is oversold, if you aren't starting to DCA now you're going to miss entirely.
We are bound for 2 years of consolidation, just dump your NFT and other crap but buy ones with good userbase, Hayes pointed a few already with stuff like GMX which are dirt cheap and have massive upside.

>> No.49870346

>>49870129
>muh TA
Nigger we are teetering on a great economic crash. If you don't buy it then sure TA is probably right. Doesn't matter what the technicals say in an economic downturn people are gonna be running for the exit on all markets

>> No.49870392

>>49869992
BTC was at 15K in 2019, Most stocks crashed below their feb 2020 level already. You're getting filtered by historical level of fear mongering

Unless the debt market actually crashes i don't see this downtrend continuing much longer.

>> No.49870467

>>49870129
>You will still wait for it back at 30k.
>Crypto is oversold, if you aren't starting to DCA now you're going to miss entirely.
it's a strong relief rally and we'll head back upto $30k, max $33k.
but after that it's back down to break $20k again.
we'll probably do it a couple times and the 4th 'test' $20k will break way down to $13k.
again and as always, we're not at the bottom until DOGE is completely worthless.

>> No.49870507

>>49870467
I'm actually waiting for gamestop to become worthless. It's indicative to me that capitulation hasn't happened

>> No.49870527

>>49869647
sauce of this cute girl?

>> No.49870719

>>49869992
confirmed not knowing shit about inflation

it's corporate greed

>> No.49871190

>>49869845
It's that damn Putin price hike!

>> No.49871217

>>49869647
God I hope BTC goes to 6k and XMR goes to double digits... My next salary can't come soon enough.

>> No.49871229
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49871229

>>49870719
corporate greed didn't devalue your dollar retard lmao, billions of inflated profits from only get higher the more a loaf of bread costs $10, a symptom of the problem you're too retarded to fix

>> No.49871263

>>49870719
Corporations are always greedy
Inflation fluctuates

Really makes you think

>> No.49871277

>>49869789
Yeah sorry, we will have a bit more downturn but 13k is not happening, sorry to break it to you or anyone else retarded enough to think so. The second we got even a little close to the 300w MA, it shot back up instantly, and now we're primed to stay above the 200w MA, though I do believe there will be a final downturn to the 300, as there historically always has. 17k is the absolute bottom.

>> No.49871309

>>49871277
>40k is the absolute bottom
>30k is the absolute bottom
>20k is the absolute bottom
you are here
>17k is the absolute bottom.

>> No.49871318

yeah, we're heading below 20K this evening.

>> No.49871457

>>49869845
I also blame January 6th and trump for inflation

>> No.49871489
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49871489

>>49871309
Nope, I was one of the few that guessed 60-70k would be the top (mainly based on days from halving and weekly rsi/ power x3 so a little less accurate) and that 15-20k would be the bottom. Now that we're closer and can see the 300w and it's trajectory, along with the oversold nature and major inflated fear, it's clear 17k is the bottom. It could be 16.8k depending on where the 300w is, but I'm saying we will not go lower than the 300w MA, if we were, it would have already happened but Bobo didn't have enough pressure, every cycle there is only one shot at the 300w, and bobos failed, they will need to crash through that line to continue dropping so it'd be smart to open a long with the stop about .3-5k below the 300w ma.

>> No.49871538

>>49869845
>inflation is caused by prices

>> No.49871550

>>49869845
>Biden staffers browsing biz confirmed

>> No.49871593

>>49871489
so basically we haven't "bottomed" yet? or are we doing it now.

>> No.49871641

>>49871538
>>inflation is caused by prices
Inflation is calculated based on the CPI which is based on the prices of common goods and services. If one particular good skyrockets for reasons unrelated to monetary policy it will give the illusion of high inflation.

>> No.49871731

>>49871457
>money printers only came on in 2021
the absolute state of poltards

>> No.49873506

>>49870719
dollar is as strong as 20 years ago you midwit

>> No.49873562

>>49873506
dxy is a relative indicator... you DO know that right?

>> No.49873582

what is that expression conveying?

>> No.49873583

>>49870129
If anything stocks are over-bought.
Plenty of room for the Dow to Drop to 15k

>> No.49873649

>>49869845
>Employment is high and the economy is strong
this just gives the fed even more leeway to pump rates sky high to get inflation under control, which will nuke crypto and equities even harder. The better-than-expected jobs report a couple weeks ago caused everything to crash a bit for exactly this reason.

We can expect risk assets to keep puking until jobs, corporate balance sheets, etc all start looking like shit.

>> No.49873778

>>49873582
annoyance and disgust

>> No.49874050

>>49873649
Probably. We still haven't hit a capitulation event. Very orderly bear market.

>> No.49874084

yep, bear market is over, it fell enough and now is restoring to its rightful price, anyone who diasgrees is an idiot an ngmi

>> No.49874180

Does it matter? Just bet on volatility and win either way

>> No.49874200

>>49874084
kys retard

>> No.49874244

>>49871593
+20k is the local top
-15k is absolute bottom

>> No.49874294

>>49874200
Why would I kms when I am gonna make it? You can buy my bags at the top again with the rest of the retarded clowns.

>> No.49874786

>>49871641
Well, I'm glad that it costing 50% more to fill up my van is just an illusion.

>> No.49874896

>>49869647
We are still going to $30k.
Next crash to sub $10k by EOY.

>> No.49874942

>>49869789
This. I’m not falling for this newfag shit, 10k is literally a given at this point.