/biz/ - Business & Finance

[Anonymous No.53371341]

>one day and sixteen hours until the deathcross

[Anonymous No.53371373]

>>53371341
Curiously happening at the same time as BTC hits the 1W resistance, about to get smacked down. What a coincidence. What a mystery. Baggies will be shocked and confused.

[Anonymous No.53371375]

>>53371341
>Oh no! Le heckin death crosserino! What are we gonna do bros aaaaaa
I think you may have missed da bottom brah

[Anonymous No.53371378]

>>53371375
>baggie appears
>baggie is seether
>baggie is a redditor
What a surprise.

[Anonymous No.53371389]

>>53371378
Kek dw brah, we'll come back for you, promise

[Anonymous No.53371392]

>>53371375

BOTH MY TEA LEAVES AND TIKTOK/JEWTUBE ANALYSTS SAID IT WAS GOING TO 10k REEEEEEEEEEE

[Anonymous No.53371400]

Anon, we got 3 more weeks, pls be more accurate in ur analysis

[Anonymous No.53371401]

>>53371341
>>53371373
>>53371378
Coping Bobos ITT.
You had your chance, but now the bullrun is back.

[Anonymous No.53371444]

>>53371400
I was talking about the emas

[Anonymous No.53371460]

>>53371400
2 by my calculation, two more weeks

[Anonymous No.53371477]

>>53371444
Emas are indeed looking concerning

[Anonymous No.53371492]

>>53371375
>cat pic
>le
>heckin
>ino
>brah
holy fucking shit go back and kys

[Anonymous No.53371640]

>>53371477
oh yea it was heikin ashis too before anyone asks

[Anonymous No.53371652]

>>53371341

[Anonymous No.53371657]

interesting note this will be the first cross thats actually higher than the previous (assuming we don't drop down in a day) though I was just measuring from the candle middles

[Anonymous No.53371697]

>>53371375
Fuck off back to plebbit, catposting normalfaggot.

> My Dog killed an African Immigrant in our Garden!
https://files.catbox.moe/ynye5b.webm

> Cats, Parasites and Multiple Psychological Disorders: The Science
https://files.catbox.moe/pkiepa.webm

[Anonymous No.53371800]

it took 77 days to pump up 15% to the high after the daily cross and 101 days to break down
it took 5 days to pump up 2% to the high after the two day cross and 6 days to break down
the three day never had a high and took 1 day to break down
it took 30 days to pump 17% to the high after the four day cross and still hasn't broke down
it took 130 days to pump 10% to the high after the five day cross and still hasn't broke down
it took 73 days to pump 24% to the high after the six day cross and still hasn't broke down

[Anonymous No.53371857]

>>53371800
also the lowest point below the 4,5&6 days was 27% down and took 128 days after the four day cross. It took 60 days to pump up 48%.

[Anonymous No.53371873]

>>53371341
Not yet. Bulls still aren't as cocky as they should be for it to dump. This pump will top out at 26K:

>fib resistance
>death cross
>MA/EMA resistance
>probably will have bearish div on 1D and possibly weekly by then
>max euphoria

[Anonymous No.53371902]

whats the critical price we need to hit to be back on?

[Anonymous No.53371981]

>>53371902
well theres probably no way to avoid the deathcross unless we hit 100k or something the question is whether or not it will matter

[Anonymous No.53371985]

>>53371902
6

[Anonymous No.53372010]

I'll just leave this here
>>53274096

[Anonymous No.53372038]

>>53371341
>Jaguars beating the Chiefs in 11 hours
R UU REEAADDYYYYY?

[Anonymous No.53372103]

>>53372010
so whats your take on this whole situation do you think cryptos gonna follow the stock market?

[Anonymous No.53372329]

>>53372103
The short answer is Richard Heart was right.
According to the data in that thread we need to crab above 40k for several weeks very quickly to avoid the death cross and we won't. Everyone keeps going on about how "there's no reason for it to dump", but there's not much reason for it to go to 40k either. My gut instincts tell me that they're still trying to meme a bull market into existence by spamming MuH Reesetions on every news outlet, praying that we're only contrarians that can't actually read the data.

[Anonymous No.53372341]

>bearish technical analysis spergs are back

Yeah we are going higher aren’t we

[Anonymous No.53372373]

>>53372329
Yea I don't think we'll even get above 30k though to be honest I kinda feel like the bear market is over. Unless this whole thing was just one big bull trap that brings us back down to where we started I don't really see a reason why we would make a new low next time. I've heard some people say it'll keep going down because the stock market will keep going down all year but I wonder how many people who actually actually need money for the recession, or how many institutions who need liquidity for the recession, are still holding on to crypto right now seems like that'd be one of the first things they sold off and if they aren't selling now why would they wait until 15k or lower?

[Anonymous No.53372389]

>>53371341
>meme patterns

[Anonymous No.53372511]

>>53372373
Cryptotards have an inflated sense of expectation because of the constant ATHs over the last decade. Everything is either a bear market or a bull market to them. We're entering a new paradigm now for the coming years where things aren't as good as they used to be, but not as bad as they're advertised to be. I think we're just going to range from 15K-45K back and forth over and over again for the next few years. There will be plenty of rallies and plenty of dumps but no single clear direction at any point, it will be a crab market. No one is calling this yet and people are just going back to the normal thinking of assuming that this is either a bull trap or the bull market is back without considering any other options. Since no one is expecting an unremarkable crab market for the foreseeable future, that's what I am now expecting.

[Anonymous No.53372597]

>>53372373
>I wonder how many people who actually actually need money for the recession, or how many institutions who need liquidity for the recession, are still holding on to crypto right now

The institutional guys like Saylor aren't selling. The rest like CZ can't sell as it's literally their job. That leaves regular people.
More people will start to get sold as the tech layoffs start to come full steam; my guess is these guys hold a lot more bitcoin than you'd expect, and they haven't had to sell since they still have high paying jobs. Once that changes I think we'll see the real sell off

[Anonymous No.53372613]

>>53372511
Wow well thats definitely different yea. Gut instinct I still think it will follow the 4 year cycle though I could see this case being different. We've never seen a macro this bad and I think the weekly is evidence of that. Apparently this was also the best decade since the 20s for stocks so I'm wondering how this all winds down.

[Anonymous No.53372616]

>>53372597
*more bitcoins will start to get sold
Phone posting pls no bully

[Anonymous No.53372620]

>>53372511
> Cryptotards have an inflated sense of expectation because of the constant ATHs over the last decade. Everything is either a bear market or a bull market to them. We're entering a new paradigm now for the coming years where things aren't as good as they used to be, but not as bad as they're advertised to be. I think we're just going to range from 15K-45K back and forth over and over again for the next few years. There will be plenty of rallies and plenty of dumps but no single clear direction at any point, it will be a crab market. No one is calling this yet and people are just going back to the normal thinking of assuming that this is either a bull trap or the bull market is back without considering any other options. Since no one is expecting an unremarkable crab market for the foreseeable future, that's what I am now expecting.

[Anonymous No.53372654]

>>53372597
I meant institutions like banks, saylor is more of a permabull and founder ceo, I'd expect it to be different for bloated companies that cycle through mbas and have the new guy sell off the "mistakes" of his predecessor.
>my guess is these guys hold a lot more bitcoin than you'd expect, and they haven't had to sell since they still have high paying jobs
yea this is kind of concerning seems pretty likely now that you mention it

[Anonymous No.53372887]

>>53371873
already above that
>>53372511
you are wrong