[ 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: 328 KB, 1000x1000, 1660512496804.jpg [View same] [iqdb] [saucenao] [google]
51122773 No.51122773 [Reply] [Original]

What Bobo don't realize is that let's say they are right. Let's say it does hit $19k (it wont) but let's pretend like does. What happens next Bobo? You think you will have a 67k to sell at? No. You won't. You will be bag holding till it hits 10k. At this point something g has gone wrong not in thr market, but in the world. And crypto will be the least of your problems. This is the real reason why MUH 19k will never happen. Because if it does then life as you know it is over.

>but this time is different
4 year cycles never dip to previous cycle price
That’s the only metric in Bitcoin that has remained constant through its history
You may be right but it would a total change from 12 years of previous price action
You’re betting on extremely low odds
Just admit it
3x previous top to bottom is unique for the 2017 cycle
Using your metric would make me retarded

>> No.51122857

>>51122773
Didn't we dip to 17k in June?

>> No.51122949

>>51122857
He is a retarded that cannot understand supply chain issues.

>> No.51123573

>>51122857
>>51122949
retards

>> No.51124295

>>51122857
>>51122773
>>51122949
>>51123573

BTC bottom is like $4k in 2023 or 2024

retarded moonboys dont understand recessions take years of slow boring bleeding

>> No.51124324

>>51122949
wow, suddenly everyone is a macro expert, curious

>> No.51124448
File: 13 KB, 833x530, around 12k.png [View same] [iqdb] [saucenao] [google]
51124448

>>51122773
>But this time is different
It LITERALLY is.
>BTC has never existed during a recession
>BTC has never been this leveraged
>BTC has never been this popular
>BTC bull cycle have never been this long

The absolute bottom will be around 13-15k.