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/biz/ - Business & Finance

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54607222 No.54607222 [Reply] [Original]

>> No.54607283

>>54607222
current market thinks otherwise

>> No.54607309

>>54607222
it's gonna get trice as overvalued in just two more weeks and then fource as overvalued in yet another TWO MORE WEEKS

>> No.54607462

dipshits think bullrun is cooming
what they dont know is the correction

>> No.54607496
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54607496

>>54607283
The current market is extremely bearish. Have you checked a chart lately?

>> No.54607705
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54607705

>>54607222
Get ready for it to be another 6 times as "overvalued" minimum. Bobo fuckwith.

>> No.54607744

>>54607222
I agree but washtrading is still going brrrr nigger

>> No.54607761

>>54607462
It's already "coming" you illiterate fuck. It started 6 months ago.

>> No.54607858

>>54607496
Do me a favor and check the stochrsi on November 16, 2020.

>> No.54608363
File: 23 KB, 400x399, 1619450181816.jpg [View same] [iqdb] [saucenao] [google]
54608363

>>54607222
>XOR was $1 back then, reached $50 in a matter of 2 years
>This may be repeating
>I've been preparing my bags for this moment

>> No.54609498
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54609498

>>54607858
checked

>> No.54609708
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54609708

>>54607496
Have you checked the monthly stochRSI, African heritage investor?
We're going to 50k as a bear market rally, and that's without you.

>> No.54609739

>>54609498
Correct. The stochrsi was exactly like this
>>54607496
Btc went on to 69k after this.

>> No.54609861 [DELETED] 

>>54609739
As the Stoch RSI began going down from January 4th 2021 (second dashed vertical line from the left in that pic) BTC dumped to 42k to 28.9k, a dump of $13100. That's pretty significant. Then it pumped to $64890. Then it dumped to $28750. Then it pumped to 69k.

A similar dump like that $13100 one right now would take the price to ~17k.

>> No.54609868

>>54609739
As the Stoch RSI began going down from January 4th 2021 (second dashed vertical line from the left in that pic) BTC dumped from 42k to 28.9k, a dump of $13100. That's pretty significant. Then it pumped to $64890. Then it dumped to $28750. Then it pumped to 69k.

A similar dump like that $13100 one right now would take the price to ~17k.

>> No.54610190

>>54609708
The 1M is bullish yes. That doesn't mean a big crash isn't coming long before the 1M tops. See what happened to the 1M Stoch RSI in 2015 after BTC had already "bottomed" at 166.5 in January and then bottomed deeper to 162 in August; the 1M remained almost entirely unaffected - only the blue line changed a tiny bit. The same is the case with most other indicators on the 1M which today look bullish; they would not, or would barely, "register" a fast big crash from here followed by a prompt recovery.