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/biz/ - Business & Finance

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53470549 No.53470549 [Reply] [Original]

Why are we 23k for an entire week? Is this the fair market price of a bitcoin?

>> No.53470560

>>53470549
Yes until we hit $25k
Then that’s the fair price

>> No.53470561

>>53470549

illuminati says crash incoming

< see catalog

>> No.53470589

Were you just not paying attention lat march?

>> No.53470595

>>53470549
>Why are we 23k for an entire week?
look at the one day chart. Ask if you yourself would buy that. There likely has to be a correction first before climbing higher. It COULD, of course, take another leg up straight from here, but I would guess there will be a bit of a correction.

>> No.53470657

TA says either we get a big red dildo or a sustained pump and bull run fucking resumes on monday. Judging from all the news of layoffs, its going to be a red one.

>> No.53470662
File: 42 KB, 1418x668, 1651766232724.png [View same] [iqdb] [saucenao] [google]
53470662

>>53470549
I wonder why... It's like a big mystery...

>desperate baggies with fear in their eyes will seethe at this post

>> No.53470697

you don't have to take my word for this but
there will be a "dump scare" some time this weekend
be prepared just in case

>> No.53470705

>>53470697
Wtf is a dump scare

>> No.53470750

>>53470595
If you have been watching the market all week then you would know there has been correction all week with no sign of the bull stopping. Short term interest is having a visible impact on long term interest. It will sustainably reach 30k and then go a bit wild up until the halving.

People are looking for the next market and average people are willing to place a decent sized bet on crypto given all the whispers that are going on.

Hacks are on the rise constantly as well and you should always consider that the market values this fact. The phrase "All press is good press" comes to mind but in a more literal economical matter.

>> No.53470753

>>53470549
bart

>> No.53470763

>>53470662
>oh no he made the magic lines again
And what if we break 23k then genius?

>> No.53470800

>>53470763
Then we would need the volume for a sustained breakout but if there is a lack of volume then its reasonable to short. If there is volume, 30k.

>> No.53470819

>>53470750
>>If you have been watching the market all week then you would know there has been correction all week with no sign of the bull stopping
Because any attempt at a dip has been met with vigorous sluurps. The bigger whales are looking at the all time chart instead of the daily. And so that's why I said there MIGHT be just another leg up from here without correcting. A bit of a dip back down first wouldn't surprise me either though. The day/swing trading has been comfy lately either way.

>> No.53470849
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53470849

>>53470662
kill yourself bobonigger YOU MISSED THE BOTTOM

>> No.53470858

>>53470662
This is a chart only an australian could make, fuck you and your chart.

>> No.53470864
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53470864

>>53470662
Like clockwork: >>53470763 >>53470849 >>53470858

>> No.53470870

>>53470864
Very cool and based

>> No.53470875
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53470875

>>53470870