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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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57731112 No.57731112 [Reply] [Original]

I want to know the reason behind this rally. This is not just another rally. It's been a HUGE pump. Are the Saudis here for real or what?

>> No.57731134

>>57731112
blackrock is buying like the dollar is about to collapse or something

>> No.57731138

>It's been a HUGE pump
No it hasn't.
You see, in the previous cycle it never went below the previous cycle's ath, which was 20k this time. Instead, we went to 15k. So this is just recovering from that, which was unusual. This is not a pump, is returning to average. It's barely crabbing. We'll see the pump in 2025, several months after the halving as always. This is nothing.

>> No.57731140

>>57731112
>I want to know the reason behind this rally.
On balance volume was getting seriously divergent with the price action two days ago, I called an incoming pump there.

>> No.57731153

>>57731138
Can you factor in inflation to this? Thanks.

>> No.57731158

>>57731112
microstrategy buying 3000 btc, rothschild died

>> No.57731178

>>57731112
>ETF approved
>dumps because FTX dumps on the pump
>FTX no longer dumping
>wtf why is it going up?

>> No.57731202

>>57731112
International trade has never been as disrupted as it is right now. All sorts of countries are trying to transact outside of USD to avoid sanctions/tariffs/embargoes. Any day now some giant corporation in China might flip a switch and start transacting with some giant oil company in Russia in BTC. And none of us would know, and nobody's even looking at that

>> No.57733174
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57733174

>>57731112
>Black Rock ETF

>> No.57733766

>>57731112
rothschild died today, idk

>> No.57733779

>>57731112
number goes up forever.

>> No.57734524
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57734524

why are zoomers so anti bear?

>> No.57734841

>>57731202
which will make the us ban the efs and the price will crash

>> No.57734996

>>57734524
they grew up during a golden bullrun, line go up was all they knew until 2020 (and line is still going up even after)

>> No.57735738

>>57731112
an epic rug is coming

>> No.57735931

>>57731112
Pump and dump. CEO's are selling off all there shit right now.

>> No.57736002

>>57731178
>he STILL thinks the ETF holds 1:1 BTC
Baka

>> No.57736747
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57736747

Chinese whales buying moar, BRICS announcements scaring Blackrock shitless. Other things I'm forgetting rn. Don't worry bobo, not too late to get into bnb or superverse or something like that, sitting around making threads on biz wont really help your case.