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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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52917324 No.52917324 [Reply] [Original]

So the event that caused BTC to go sub $20k had to do with FTX right? And it brought everything else down with it. Now that the jew is behind bars will the market rally? If this was the end of crypto why are we still so high in terms of market valuation?

How likely is it that we are aiming for at summer '23 bullrun?

>> No.52917422
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52917422

>>52917324
Oh sweety, it's time to stop playing around with funny-money and get a life. You know, get a real job. Get out out of your Mothers' basement. But I still have a shiny nickel in my will for you either way, honey.

>> No.52917502

>>52917324
>the even that caused BTC to go sub $20k
i suppose you think the rally to $70K was completely legitimate

>> No.52917536

>>52917502
Explain what you mean

>> No.52917736

>>52917502
If it goes up it's legit, if it goes down it's manipulation. Obvious

>> No.52917787

>>52917324
>Now that the jew is behind bars will the market rally?
He's not some kind of dark wizard who gets defeated and then the kingdom goes back to normal
>If this was the end of crypto why are we still so high in terms of market valuation?
Because it's not the end of crypto, people have been saying this shit at the end of bull runs since forever
>How likely is it that we are aiming for at summer '23 bullrun?
0 chance, summer will be probably the period when the real bottom will come, then end of 2023/start of 2024 markets will be green again and lay the foundation for the next bull run

>> No.52917794

My honest opinion is that we get a big Q1 2023 rally, into 1.5 years of accumulation.
Pretty much exactly what happened in 2018. BTC bottoms at 3.4k, its over, quickly rallies to 13k, then settles down into years of accumulation.
And generally, not just in 2018, but every year generally December is bad and then in January something fundamentally changes where you start seeing life again.
I think it will just be a bearmarket rally though because this recession will last 5-10 years