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/biz/ - Business & Finance


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50372346 No.50372346 [Reply] [Original]

bitcoin reached the 200 MA on the 4-hour chart. is your anus ready for another dip?

>> No.50372389

>>50372346
2 more weeks

>> No.50372404

Rising up to meet it, based

>> No.50372405

>>50372346
Calling for another dip down to 10k is the equivalent of bulls calling for 100k last year. This entire board and every norman is currently bearish and calling for 10k, which means the bottom is currently in. We held the trend and never closed a weekly candle below the 2017 ATH too.

>> No.50372448

>>50372405
and where will the money come for this? normies have run out of stimulus and are now looking at hard times. institutions are going to be much more hesitant to jump in. so where will it come from?

>> No.50372454

>>50372389
Both the fed and ecb are rising rates in 2 weeks.
Unironically 2 more weeks.

>> No.50372467
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50372467

it's over

>> No.50372472

>>50372448
Not to say I'm predicting its gonna go up or down, but "where will the money come from" is a fucking meme that gets used no matter what the market is doing, whether we're above 50k or treading 20k, retail doesn't move markets it only follows trends.

>> No.50373106
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50373106

>>50372472
right, that's where the mt gox release comes in

>> No.50373728

>>50372448
We are looking a global uprise of money, Nigerian people investing in shitcoins. There is so much normies left to invest

>> No.50375356

>>50372405
plenty of anons posted they started to dca in after the 17k drop especially the stinkies

>>50372448
whales set the price anon, there is no money needed to maintain a price point its just whales no longer playing their whale games down is all thats needed
where is the money coming from is only needed to justify a 10x in mc not a flat price after a big 7 months long dump

>> No.50375397

>>50372448
All the people sitting on the sidelines in stables
Unless you expect USDT and USDC to flip bitcoin