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50476490 No.50476490 [Reply] [Original]

The first leg down was characterized by massive dumps in technology stocks and other so called “risk assets”, that is, assets that rely on cheap debt to stay afloat. Most normal, day to day things were not affected by this. Maybe some boomers saw their retirement accounts go down slightly, but nothing major has really happened.

The next leg down will be characterized by the slower moving parts of the economy following their faster moving technology brethren. Companies that sell real, physical goods will see their earnings shrink massively. Their stock prices will tank, their future growth projections will plummet.

Housing, physical goods, and labor will all fall in the same way technology stocks have fallen. This leg down is going to be absolutely brutal, very visceral. People you know may take their own lives, it’s not going to be pretty.

Prepare yourself accordingly.

>> No.50476513

>>50476490
This probably. This whole pump could have just been a 200w man retest to confirm it as resistance. This is unironically one of btc's most important weeks ever. We close a weekly below this and it's over. One to 2 more legs down would happen.

>> No.50476525

>>50476513
>200w man
bruh

>> No.50476530

>>50476490
Based. I have multiple hundreds of March -June 2023 $70p contracts. They’ll be ITM easy by then

>> No.50476817

>>50476513
BTC will never close a weekly candle below the previous cycle high, it's impossible you stupid fucking newfag.

>> No.50476819

>>50476490
thats why i laugh at retards that say 20k btw is cheap because it corrected from 60k lmao. people should be SERIOUSLY scared about the fact that bitcoin went to 20k just based on early signs of a recession.
i cant wait to see the face of all these morons when bitcoin is back in low 4 digits, maybe even 3 digits. with the low amount of supply released from mining because of the halvings, it might not even come back at all.

>> No.50476838

>>50476817
lmao screencapped to laugh in a couple of months

>> No.50476858

>>50476838
>>50476819
>2 more months
Take your meds, schizo.

>> No.50476896

>>50476858
in the end we will be right and you'll be necking yourself like the worthless subhuman animal that you are
https://www.youtube.com/watch?v=58e1tdGb0ug
the only winners in this crypto game are the scammers like in this video that trick you desperate subhumans into giving them their money.

you'll be with a rope around your neck by this time next year.

>> No.50476910

>>50476819
>4 figures
>3 figures
LMAO! SBF and CZ are already defending the price and keeping it above 20k, they would never let it get near 4 figures and 3 figures is bobo delusions. You're a seething nocoiner faggot.
>>50476896
Gay ass bitch nocoiner.

>> No.50477742

>>50476817
I've been here since 2018, you dumb mother fucker. There is NOTHING that guarantees btc won't close lower. You're just a perma bull retard instead of someone with brain cells i.e. someone objective (like me) that can look at both sides

>> No.50477762

>>50476817
My advice to you is to try to become me in the future. Improve yourself, anon. Stop being retarded, okay?

>> No.50477769

>>50477742
>both sides
The market only goes up, zoom out and look at the stock market chart or the BTC chart. Bobos are fucking retarded as they have brief windows to time the market before it continues upwards.

>> No.50477779

>>50476896
You're a retard and you sound poor as shit.

>> No.50477793

>>50477779
He's a doomer tier schizo bobo, definitely poor.

>> No.50477808

>>50477769
>The market only goes up, zoom out
Ah those 71% crashes+ never happened!

Guys. This whole year was just a fever dream! LMFAO

>> No.50477837
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50477837

Guys! You see those red yearly candles? Never happened.
LMFAO

>> No.50477843

>>50477808
We had a minor dump this year and the bottom is behind us now, you'd be a retard if you tried to time the dump as you risk missing out on way bigger gains by timing the market poorly.

>> No.50477895

>>50477843
>minor dump this year
71% isn't "minor" LMFAO
Anyways it's possible bottom is in, but you're kidding yourself if you think it's confirmed. You see a couple things flip bullish and you automatically think that's 100% confirmation. No, it's not confirmed yet.

>> No.50477928

>>50477895
Well, there's no such thing as "confirmed" for anything in this market. But there are more signals saying the bottom was in than there are the opposite.

>> No.50477938

>>50477843
Also you don't know jack shit about trading.
Yes this is DCA levels even if btc can dump upwards of 85% since 71-85% discount is a good deal, but you are a down syndrome retard if you think it's not possible for btc to correct further. Unlike you, I actually know how to confirm true reversals.

>> No.50477957

>>50477895
It's more likely that the bottom is in then not, we had the worst CPI report yet and falling energy prices since then so inflation has likely peaked. The rate hikes are always priced in and don't really matter, the worst is likely behind us.

>> No.50477965

>>50477928
>Well, there's no such thing as "confirmed" for anything in this market.
100% wrong. You just don't know what to look for. I do. We're definitely not going to go parabolic yet. I know when it will happen and it's not going to happen quite yet.

>> No.50477979

>>50477742
>2018
>not a newfag
topkek

>> No.50477981

>>50477938
>trading
It's arrogant to assume you can beat the efficient algos and trading firms by drawing lines on a chart. I'm smart enough to realize that swing trading as retail is a losers game.

>> No.50477993

>>50477957
Look. I'm optimistic, but it's just a fact that btc needs to confirm one more thing specifically to signal at minimum a mini bull market. This is still technically a bear market.

>> No.50478032

>>50477981
>It's arrogant to assume you can beat the efficient algos and trading firms by drawing lines on a chart
LMAO I use indicators. The real trades I enter are a few times a year. Again, you don't know what to look for. I can GUARANTEE we won't be going hyper parabolic anytime soon. Will probably take 1-2 more months at best depending on price action.

>> No.50478038
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50478038

>>50477957
Inflation had multiple “tops” in the 70s too

>> No.50478638

>>50478038
So? Fed is backward looking by nature. Any local top in inflation is a green light for a pause or even prelude to QE. They probably won't hike in August.

>> No.50478655

>>50476490
5 hours and 15 minutes until ECB

>> No.50478701

>>50477965
No, you're likely low IQ. Literally every indicator says the bottom has already been reached, name one signal for a new bottom other than "oh guys it really will be different cause of Russia guys". I don't know if we'll go "parabolic" before 2023, but the bottom already happened, 99.99% sure (if that's "confirmed" to you, then sure it is), if you had a 100% confirmation rate you wouldn't even be here.

>> No.50478736

>>50478038
I believe this will happen. Sharp drop from 75x2? rate hikes but then another spike because the money printer is going back on in fall to ensure the US can make payment on its debts.

>> No.50478806

>>50477981
LMAO just stfu
your posts are getting increasingly cringe

>> No.50478822

>>50476817
>>50476858
>>50476910
>>50477769
>>50477793
>>50477843
>>50477957
>>50477981
^ get a load of this seething schizo

>> No.50478851

>>50477957
>falling energy prices
Check that again and also ask yourself why, in this time of fear and upheaval, gas prices are dropping instead of rising. I'm counting on you you can do it!

>> No.50478938
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50478938

>>50477979
>humblebragging about wasting your entire life browsing incel.com

>> No.50478978

>>50478822
They probably all work for the same agency.
Cointelpro fags.

>> No.50479015

>>50477779
>>50477793
i'm not the one holding bags like a fucking retard lmao ive sold everything at around 55k when elon went to SNL.
you're a dumb subhuman animal and you will rope yourself this time next year. i just hate low IQ pieces of shit animals, dont take it personal. i take great pleasure in watching dumb retards killing themselves out of desperation, worthless wastes of space LOL

>> No.50479018

>>50478851
>oil goes up
>"inflation is out of control, fed is gonna burn down all assets"
>oil goes down
>"There's a recession in 2 weeks. No, it's not priced in because it just isn't ok?"

You're bearish because you sold. Simple as.

>> No.50479026

>>50478806
>>50478822
>>50478851
>>50479015
Retarded bobo swing traders who think they can time the market. ngmi.

>> No.50479051

>>50478978
>The bulls are actually feds
Meds, retard.

>> No.50479063

>>50479026
you will be swinging from a rope this time next year. i just hope you read my thread when this scam market inevitably collapses on itself and i post these screencaps and laugh at you. promise me you'll rope yourself after reading my thread. i'll make it by the end of the year.

>> No.50479074

>>50479063
Next year the S&P will be over 5000, NASDAQ over 20,000, BTC over 100k. You'll FOMO in at the top as bobos usually tend to do.

>> No.50479083

>>50479074
thanks for anothe screencap. just promise me you'll be here so i can laugh at you before you inevitably kill yourself

>> No.50479129

>>50479018
>>50479026
I haven't sold anything since I started with bitcoin. I only buy and I try to time my moments not because I think I can beat an algo but because I buy every week-month depending on price movements and it's a fun past time nothing more nothing less. I all I put 1000-1500 aside every month to dca this way. The small numbers protect me.

>> No.50479143

i hope AAPL dumps sub $140 by friday

>> No.50479167
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50479167

>>50476490
Don't care, i'm all in silver and we already (((crashed))) so hard we already are below extraction costs.
The silver paper market can continue to shit the bed, i literally don't give a shit, because i know there are 500 paper ounces traded for each ounce of real metal backing it up, and i only stack real metal.

>> No.50479435

>>50478701
>Literally every indicator says the bottom has already been reached
This is how I know you don't know how to make money :)

>> No.50479445

>>50476817
this going to be a biz banner

>> No.50479944

>>50476817
Anon what have you fucking done. You just guaranteed btc will close a weekly candle under 20k. Congratulations

>> No.50480244

>>50476490
why is that.
no I didn't read your post.