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/biz/ - Business & Finance

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53417453 No.53417453 [Reply] [Original]

I dont really care honestly, im just going off what ALL of the charts are telling me that relate to Bitcoin (DXY, NDX, BTC.D, etc)

I have a house paid off, I have passive income that isn't crypto related, my family has a decent amount of wealth that I can fall back on, I'll be okay no matter what happens to Bitcoin.

I have a 6 figure amount on binance that I use to gamble with for fun, and the charts all combine together to tell me 10k - 14k looks extremely likely, when all the charts put together are saying the same thing (and not just looking at an individual chart), thats generally when shit happens, and everyone looks back at it in hindsight and say....

> "OHHH IT WAS SOOOOO OBVIOUS HOW DID I NOT SEE IT" -

You didnt see it because you mind refuses to let you see it and or you're just not looking at all the charts that impact bitcoins price.

>> No.53417520
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53417520

>>53417453
>the bottom is between 10k and 14k
Baggie cope. Cringe. The bottom is sub 10k, as we've said for 2 years now.

>> No.53417563

>>53417520
4 digit bitcoin in 2023 is the same expectation of 6 digit bitcoin in 2021.

We're go 10k-14k mate.

>> No.53417622
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53417622

>>53417520
>>53417563
Someone missed the bottom

>> No.53417681

>>53417563
What bulls keep ignoring is that previous bear market lows have always been -85% or lower drops.
>2011: 94%
>2013: 85%
>2017: 84%
>2022: 78% (so far)
For BTC to fall 85%, as in typical with the last two bear markets, it would be right at about 10k. And that's during the worst economic conditions we've seen since BTC's birth in the GFC.
Baggies can disagree all they like, but predicting that BTC will only go down to a bear market low typical of previous bear markets isn't the delusional fud they like to pretend it is.

>> No.53417694

>>53417681
>have always been approximately -85% or lower

>> No.53417730

>>53417681
Your data shows BTC drops as trending lower %

I guess I can then see the trend being broken

94% > 85% > 84% > 78% (so far)

Perhaps the final cycle low in this 4th cycle before the next halving in 2024 will break the trend and go somewhere at -86% to -90%, with the next cycle after that going back to the trend and having its next low be -70% or less.

But as of right now 10k - 14k range seems it (-80% to -85%)

>> No.53417804

>>53417730
>Your data shows BTC drops as trending lower %
you're overthinking it.
94% > 85% > 84% > 85% > 86% > 83% ...

>> No.53417819

>>53417730
Yeah. All fair.
I'll just say that 10k-14k BTC is far more realistic than saying price will never go below 20k again, as mumuanons are now.

>> No.53417831

>>53417453
>Missed the bottom cope
My condolences. YNGMI.

>> No.53420016
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53420016

>>53417453
It's not even gonna hold $10k till the end of year.

>> No.53420195

>10-14k
Delusions. We are going at most to the 18k range.