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/biz/ - Business & Finance

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55750927 No.55750927 [Reply] [Original]

Loads on here seem convinced we're dropping back down to 10k before anything happens. What's the logic behind it?

Seems just as likely to me that we crab until takeoff (leaving behind everyone waiting for 10k)/

>> No.55751030
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55751030

>>55750927
All the pumps have been unorganic as fuck, and everyone knows it. this is the distribution zone before the jews dump on the exit liquidity

>> No.55751373

>>55750927
>Seems just as likely to me that we crab until takeoff (leaving behind everyone waiting for 10k)

exactly.

>lie to the people
>make them think they can get cheap coin if they wait
>they get left behind
>$40k hits
>sidelined retards get FOMO and pump it to $50k

gg ez

>> No.55751397

The whole 10k thing was based on the idea of drawing down an average percentage from the top. It really has nothing to do with the current situation. If bitcoin is likely to reach a new low it would probably go below 10k because there'd have to be something horrible like a deep recession. Not every bear market has even had a second leg down I think only the previous one did. By that pattern its already home free.

>> No.55751417

>>55750927
/biz/ is wrong most of the time wrong so it will not happen
I absolutely don't see it bellow 20k
remember last time we went bellow 20k, FTX was crashing
personally i put various orders around the low 29k, and then middle 28k, 27k, 25k... and I let it ride. I often grab the down candles like at 28,8k recently

>> No.55752797

The market is fake. It's just whales driving the price to psychologically impactful levels to skim money from normies.
That's why it must go to $10k before it can go up.

>> No.55753696

seems like the fudders are correct
secure what you got and wait for better times

>> No.55753768

>>55752797
>>55751030
So, pure paranoia huh?
Aight

>> No.55753806

>>55751417
If your goal is to ride it out, you basically have made the commitment to riding the down candles until recovery.
If you don't continue to DCA(at best), you will lose.