Dead Cat Bounce

[Anonymous No.50468163]

There are people who think this rally is legit lmao
Moonboys saying the "The bottom is in now"
ATTENTION NEWFAGS
This is not legit, it's going lower. Bulltrap, don't fomo in
Trade on it short-term if you want but keep that in mind

[Anonymous No.50468193]

good explanation
mumus and maxis get rekt

>we are nowhere near the bottom

[Anonymous No.50468216]

>>50468163
Why not join the ride and try to profit off it?

[Anonymous No.50468333]

>>50468193
at the end of the day. I made 380x thanks to NFTs. I'll sit this fake pump out and wait patiently for a truly dead market.

[Anonymous No.50468507]

>>50468333
can you give me some good targets to buy back in for ETH and BTC? As of right now I have orders for 15500 BTC, and 900 ETH.

[Anonymous No.50468524]

This pic is better hehe

[Anonymous No.50468545]

>>50468524
omg look at him scream, lol

[Anonymous No.50468613]

>>50468163
Bobo is at the bargaining stage. So poetic after the 8 months we just had. I'll enjoy watching you guys fomo back in at 50k with your last $100 after being liquidated over and over.

[Anonymous No.50468668]

>>50468507
im gonna be real with you. i have no business trading. i basically gambled a shitload and every time i tried to invest in anything, it just went further and further down. i lucked out with NFTs, and i fucking sold and im not looking back til the market sentiment dies down.

i believe it goes further down, that's all i can go with. zoomers are so unbelievably dumb they think we're going to print ATH in the middle of a recession.

[Anonymous No.50468813]

>>50468668
You have have 8 months of downside resulting in -70% for BTC and -90% for most alts. Do you seriously think the market is still hot? By what metric are we in an overbought market? Bears are beyond euphoric and have the exact same attitude as bulls did once BTC got rejected off 69k and are sprouting the same bullshit just in reverse. BTC can easily rally up to 40-50k and chop sideways until the next halving and it still be considered in a bear market. A recession is a lagging indicator btw and the bottom is normally long gone once it is called.

[Anonymous No.50468853]

>>50468813
there is nothing bullish about the macro. everything is going to get many magnitudes worse globally.

bitcoin has only ever existed in a macro bull market. 5k and lower isn't impossible

[Anonymous No.50468952]

retards don't know we're gonna see circuit breakers next week when the US enters a technical recession and every yourapeeing country reports negative GDP growth. This is the exit pump, sell soon.

[Anonymous No.50468954]

>>50468813
i deserve to be called an idiot. totally fair. like i said. I don't know anything. IMO btc was arguably in a bullmarket for over 10 years. who is to say btc doesn't see a ATH print for a 8 or even 10~15 year period? I fully believe in $2.5m+ btc. But we need a scorched cleansing and a long term period of waiting time before we see good crypto products emerge, and then we can see an upward explosion of BTC.

[Anonymous No.50468969]

>>50468853
I advise you start paying attention to whats going on in the macro. You're just repeating shit you have seen on here which is often just bullshit sprouted by double digit IQ jeets. Supply chain issues are clearing up, oil is slowly falling, core inflation has already levelled off. Inflation figures for July will look a lot better with just the petrol prices falling 20% month over month alone. The stock market rally is those who want risk front running those who are risk adverse. Also stop pulling magic figures for BTC out your ass. Why is 5k possible? The volume below 19k was some of the highest we have seen for the past year. It implies the market is pivoting to risk on again. You're playing a dangerous game shorting these levels, much more dangerous than buying and just sitting on projects and stocks you like. That or you're just shilling against people on here trying to prevent them buying these levels.

[Anonymous No.50468990]

>>50468853
everything macro related is priced in. Markets will dump on new developments, not existing ones

[Anonymous No.50469037]

>>50468969
>Talks about macro, then tells us inflation fixes itself in a few months?

Anon, I... nu/biz/ is seriously retarded.

[Anonymous No.50469046]

>>50468163
There are more people who didn't buy the bottom than moonboys saying the bottom is in. Even if this was not the bottom it was obvious we were going to bounce of off the bottom of the range, so if you didn't buy it's your fault.

[Anonymous No.50469053]

>>50468853
thats the thing
no chance it will pump any further, no cash, no signal, no market. everything is just pointing further down and nobody can deny it.

[Anonymous No.50469059]

Bottom's 10-15k checkum

[Anonymous No.50469063]

>>50468954
By saying the space will see an extended bear market you're betting against things like an inevitable fed pivot (US govt will be spending 33% of taxes EOY on funding their loans leading to a collapse of nearly all federal infrastructure or massive money printing to plug the gap), a willingness for politicians to accept civil unrest as job losses happen en mass (something they have proven they do not see as acceptable), a bet against continued adoption of crypto (which is increasing in pace not decreasing) and a bet against human innovation. You're also betting against markets trending up over time which has never worked well for those who push against it. This is especially true when the US will collapse in all but name with a long period of tight monetary policy due to the insane amount of leverage everyone has.

[Anonymous No.50469074]

Bottom is $10k, chick-it

[Anonymous No.50469092]

>>50468969
>Don't just believe what you see on biz bro
>Inflation peaked. Saw it on MSNBC

[Anonymous No.50469117]

BITFUCK IS GONGO TO ZERO

[Anonymous No.50469125]

I'm also convinced this is a dead cat bounce considering the economic situation is so fucking bad but on the other hand, so many people claiming this is just a sucker's rally could well signal a bottom.

[Anonymous No.50469127]

>>50468216
This I'm a bear right now but I buy the dips and sell a few hours later making a little money along the way.

[Anonymous No.50469133]

>>50469037
Inflation is here to stay dipshit. 10% is getting off lightly with the amount of money printing done over the past 2 years and anyone who has read even a single book on economics knows this. Increasing rates to levels that are still essentially negative is nothing but posturing by the fed so they can admit they cannot beat it without fucking everything up. Raised inflation is here to stay and the fed can do nothing about it without collapsing the west; a pill that politicians will never swallow. But I guess you're betting on dems suddenly tightening to a meaningful level when their voter base is a pack of feral niggers kept in line by government gibs? Get the fuck out of here.

[Anonymous No.50469145]

>>50468163
Dead cat does not bounces multiple times

[Anonymous No.50469173]

>>50469145
Are you retarded?

[Anonymous No.50469176]

>>50468969
The supply chain issues are absolutely not fixed already what the fuck are you smoking lol. Used car market is still absolutely fucked and so are new ones. Inflation is still absurd. Gas is still $4.50 a gallon. You people are seriously delusional. We haven’t had a true recession in over a decade and you think inflation is just going to fix itself with covid spiking again, gay pox out and about, Ukraine still getting pounded, China underwater on their deck of cards real estate market, I could go on.

[Anonymous No.50469207]

>>50469145
>HOHO I M RETARDEDED CHART ONLY GONGO UP

[Anonymous No.50469228]

>>50469133
>Inflation is here to stay dipshit.
That I agree on, Everything else reads like you found some comment on the internet and tried to make it your own but you don't really understand what you're talking about.

[Anonymous No.50469231]

>>50468969
delusional mumu nigger, time for evening meds

[Anonymous No.50469273]

I am normally a bullfag, but this is undeniably true here friendos. Prep your shorts, cause this shit is crashing soon.

[Anonymous No.50469275]

>>50468969

strong sell signal

[Anonymous No.50469312]

>>50468163
does it really matter tho?
as long as youre investing in strong coins like matic youll end up profiting on the long run

[Anonymous No.50469362]

>>50469176
>Chinese ports opened
>Chip production up
>Oil production up, prices down
>Fuel prices falling
>Russia still pumping gas to europoors despite everything
But muh grain amirite?
If you can tell me how we have a true recession without a societal collapse with the amount of leverage and the inevitable loose monetary policy politicians will employ to protect their interests (and have since 2008) I will sell everything I have and open up a 125x short right now.

>>50469228
>>50469275
I accept your concessions.

[Anonymous No.50469386]

>>50468990
people were literally saying this in february, since at that time the fed snake was talking about rate hikes since december

obviously it wasnt priced in then, and it still isnt

[Anonymous No.50469403]

>>50468613
We are entering a decade long recession and bitcoin is going to 3k

[Anonymous No.50469428]

I finished a spread on CHPT last week and ended up with -100 at $12. Seeing a $200 loss on top of my fees and $50 hurts. But Im holding until friday, hopefully the pain ends.

[Anonymous No.50469472]

>>50469386
Since that time we also had geopolitical developments and your retard in charge only made things worse with his tweets/statements. As for what the fed has been doing since february i believe the market was pricing in both the hike and its actual value. Now that 75bp raised is priced in and geopolitical events seem to have been quiet, markets pumped on low volume. Most fud is priced in. a 100bp hikeis a different story but I'm confident it will be priced in as well :>)

[Anonymous No.50469542]

>>50468163
that's fine, but in 4 years this entire period will have looked like an amazing entry.

[Anonymous No.50469585]

>>50469542
kek bland fomo
>dont fall for it guys and gays

[Anonymous No.50469686]

>>50469386
The problem with this is that a lot of people were being bullish with no evidence of a pivot coming. Now we are seeing prices come down. Housing and fuel are down. I.e. Inflation has unironically started to level off.

[Anonymous No.50469968]

>>50469686
>with no evidence of a pivot coming
Yes, there was no evidence of pivoting, but the fed's balance sheetbarely slowed down while they were saying they will resort to QT. That shows the fed's intention to protect the markets above all else
As for the rest of what you said, i agree on that too prices have gone down but that was the ukraine thing. Prices are still higher than precovid levels in both housing and oil among others. Also, I don;t trust media headlines saying we're out of the woods

[Anonymous No.50470029]

>>50469472
earth being destroyed by an asteroid is priced in as well, I guess. everything is priced in. my morning shit is priced in. so is yours. even your dogs shit is. It's a clown world.

[Anonymous No.50470133]

>>50470029
Permabulls have priced in the death of the universe too. And yes, most of the market events of the short term future are priced in. We are pumping now for the same reason we were dumping hard on good news and dumping even harder on moderate-to-bearish news

[Anonymous No.50470303]

>>50469686
Red hot local grocery price increases “subsided” to under 3% for a month. I too thought maybe the projected rate hikes were on track. Now grocery prices increased 2% in the last 9 days. We’ll see.

[Anonymous No.50470351]

>>50468163
I hope I'm not being too greedy waiting higher to short

[Anonymous No.50471187]

>>50468163
fr fr

[Anonymous No.50472232]

btc pumped over 23k resistance, sucessful retest 30 min ago, thats very bullish and no dead cat...

[Anonymous No.50474029]

>>50468163
More people believe in the Powell Pivot™ than the Great Depression 2.0 which makes me believe you're correct.

[Anonymous No.50474438]

>>50474029
This is the grossest post on here rn

[Anonymous No.50474605]

>>50468163
this dead cat bounce is going to 30k. Learn to TA and think critically about what's going on with macros. Sorry about all the money you've lost

[Anonymous No.50475138]

>>50468507
breh these are not going to happen

[Anonymous No.50475437]

>>50468163
A bear market rally is not the same as a dead cat bounce.

[Anonymous No.50475944]

>>50468813
Basado

[Anonymous No.50476013]

>>50468524
not funny