Wait did Bitcoin rise after this agreement was out?

[Anonymous No.55111946]

That makes zero sense, usa default should have been super bullish for Bitcoin since USA Bonds would lose confidence

[Anonymous No.55112943]

[Anonymous No.55112981]

>>55111946
Why don’t you guys understand this very simple concept?

>crypto is seen as a high risk, massively speculative investment due to the fact that at this point underlying fundamentals and usage are basically zero
>during times of economic crisis, money goes risk off
>also with high interest rates, money goes risk off because borrowing money is expensive

Crypto doesn’t really run again until economy stabilizes and rates start coming back down.

Nobody actually cares about muh Bitcoin is XYZ because it’s simply not. Those are made up stories from people who hold BTC and have every reason to make things up to give it some sort of value.

[Anonymous No.55112988]

>>55111946
Corporate buy in

[Anonymous No.55113423]

>>55111946
Bitcoin is just a tech stock

[Anonymous No.55113455]

>>55111946
>wasn't aware the 1D Stoch RSI was bottomed when BTC was 26k

[Anonymous No.55113498]

>>55112981
Because its stupid if the dollar itself is at risk its NOT risk off
Common sense
>>55113455
Meds
>>55113423
Basically all correlation is gone now it was just ((ftx)) doing this. If it was nasdaq it would be close to ath

[Anonymous No.55113593]

>>55113498
I meant the 4H, but you're still absolutely retarded if you're blaming muh news etc.
Also, on May 25th when BTC hit 26k, you were warned specifically about 4H Stoch RSI, warning that it would pump.
See: >>/biz/thread/S55077744
> "And right now? The 4H is bottomed now, so expect some pumpage from here! So 26k looks like the bottom for now."

[Anonymous No.55113602]

>>55113593
No i ment you
You interpret your rsi as you please and then come and say its always right

[Anonymous No.55113626]

>>55113593
See according to this the latest pump should not have happened because you bs was already at 100
Also you made many people not buy low

[Anonymous No.55113629]

>>55113602
> "No i ment you"
Reading comprehension problems, anon? I wrote, and I quote: >>55113455
> ">wasn't aware the 1D Stoch RSI was bottomed when BTC was 26k"
>1D
Hence: >>55113593
> "I meant the 4H"

And you reply with:
> "No i ment you"
?? Learn to read, retard.

And I BTFO'd you into oblivion. With your post here: >>55113498 when you wrote "Meds" you were implying the pump DID NOT occur due to the Stoch RSI being bottomed, but due to muh news/happening/whatever. Which I promptly proved was false. See: >>55113593 <--- the 4H was fully bottomed on May 25 when BTC had hit 26000. And there was even a thread back then specifically warning you about that, saying a pump was coming due to the 4H being bottomed.

[Anonymous No.55113649]

>>55113629
No your rsi is bullshit but you always pick the timeline and dates so it "matches"
Stop making people schizo
Of course after each pump it s 100 and then EVENTUALLY it goes down again, RANDOMLY and then you say HA IM RIGHT even tho it can pump way more after its 100
Fuck off

[Anonymous No.55113660]

>>55113626
>the latest pump should not have happened because you bs was already at 100
The pump began at 26k (or just under 26k actually, it very briefly touched 25800). The 4H topped on May 26th, 100--100. Then it fell; and so did the price.

>>55113649
You're supremely low IQ. The thread I linked specifically talked about 4H being bottomed and said due to the 4H being bottomed BTC would pump -- and that's exactly what happened.

[Anonymous No.55113678]

This low-IQ g0fFAykF anon probably ignored this excellent thread, containing picrel chart, which specifically warned about the 1W being topped: https://archived.moe/biz/thread/54579710 -- BTC then rose a mere $700, and then dumped $5000; proving that anon correct.

[Anonymous No.55113695]

>>55113455
>>55113593
>>55113629
>>55113660
>>55113678
Man why do you even bother trying to educate those mentally challenged retards? You're dealing with nigger-tier intelligence. They're not capable of learning.

[Anonymous No.55113785]

because it confirms that the US is going to bankrupt itself through hyperinflation, because there is no other way for them to afford this increase, and the federal reserve will eventually have to capitulate

[Anonymous No.55113848]

>>55113660
>>55113678
>>55113695
Retarded shit
>>55113678
Confirms it should have dumped before 30k according to your definition

[Anonymous No.55113857]

>>55113785
Well true it confirms the state will make more debt
First actual answer

[Anonymous No.55113962]

>>55113678
they should study your brain for science