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/biz/ - Business & Finance


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52734333 No.52734333 [Reply] [Original]

Clear signs of Bottom
>15.5k is a boring number like every bottom is.Its neither some major support like 30k or 20k(which both broke to create capitulation) and neither 13.8k(2019 high) or 10k which was target for most
>Bottom came after a black swan event(2nd biggest exchange FTX and bigest MM Alameda going bust)
>Sentiment still bearish with most people calling for new lows
>Even those calling for "relief" rallies target max 18-19k and expect a new low
>Macro retards going full bear while inflation just topped and hikes are coming to an end
Textbook bottom,will be fun to long BTC 10x here and hold it for months or even years

>> No.52734378

>>52734333
Maybe. Posters of gay animal sex cartoons still need to get roped though

>> No.52734385

>inb4 muh recession
U already had 2 negative gdp numbers yet it didnt count
US wont get recession under Biden as soon as inflation goes below 5% they will start massive rate cuts and call 3-4% the new norm

>> No.52734440
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52734440

>>52734333
Thanks added to collection

>> No.52734482

>>52734385
>they will start massive rate cuts
bulltards have been saying that this is just around the corner every week for a year now. the safe play was, and continues to be, to wait until they actually do it instead of trying to frontrun the fed by catching a falling knife

>> No.52734500

>>52734440
But we're above $17k and $16.5k

>> No.52734516
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52734516

>>52734333
5k is programmed

>> No.52734530

>>52734378
this

>> No.52734561

>>52734333
holy cope

>> No.52734635

>>52734333

>Macro retards going full bear while inflation just topped and hikes are coming to an end

This is the only thing that actually matters, and it's not even true. Houses and the stock market haven't even crashed and crypto has to survive those crashes.

>> No.52735834

>>52734333
>Macro retards going full bear while inflation just topped and hikes are coming to an end
So a stock market decline won't hurt us?

>> No.52735858
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52735858

>>52734333
You're gonna have a rude awakening this month, mumu. Watch and learn.

>> No.52737173

We are going much lower, you guys are fucking retarded.

>> No.52737214
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52737214

>>52737173
It's going up dude

>> No.52737315
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52737315

>>52734333
uhhh checked?

>> No.52737340

>>52734333
normies and bears still didn’t buy and think it’ll go lower, topkek

>> No.52737397

>>52737340
so it will go up then