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

/biz/ - Business & Finance

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57842236 No.57842236 [Reply] [Original]

<-- Really makes you think.

Looking at this pic, it makes the current rally/bullrun from 15.5k seem like (an extreme version of) the "Elon added BTC to his twatter profile so therefore BTC pumped from 28k to 69k" pump. As in, it's unnatural and some sort of bullshit is at work. If you didn't experience BTC falling from the April 2021 64.8k top to sub 30k and then begin pumping in July 2021, then you won't understand this. Even having it explained to you, you won't truly get it. But everything about that rally was utter bullshit. When BTC went to 28k it was super close to falling below a crucial support, which had it failed would've caused further dumpage. Magically, just in time, BTC began gigapumping in what seemed like an extremely unnatural manner and this pumping was "blamed" on Elon Musk adding the BTC logo to his twatter profile; absolutely nonsensical. Nothing like that happened during this bullrun, neither at ~16k nor higher up, but in a similar fashion something has seemed "off" about this bullrun (especially since after the March-Sept 25k-31k range crabbing) - like there's some sort of bullshit going on.This pic visually confirms that. Like it looks like BTC should've dumped more like the previous times, but instead went up like in July 2021; like this is an extreme version of that rally.

Pic seems to have first been posted on /biz/ in February 2023: https://archived.moe/biz/thread/53863580/

>> No.57842324

>it looks like
That's your argument?

>> No.57842335

what do you mean saar? We going to 15k then to 200? I hope so saar! T. Tethered at 68k

>> No.57842744

>>57842236
There certainly are some similarities. This probably won't end well. Bullshit in, bullshit out.

>> No.57843715

>>57842744
>>57842236
>he thinks his gay little chart still matters now that we have spot etfs and hyperinflation on the table

Midwits like you are meant to be poor.

>> No.57843816
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57843816

>>57843715
>unironic new paradigm posting

TOPKEK

>> No.57843851

>>57842236
its called an ETF, retard

>> No.57844033

>>57843816
Hey nigger, guess what? Bitcoin has never reached all time high before a halvening before. You know whats happening right now? Bitcoin is reaching all time high over a month before the halvening. Things are literally different this time and you can clearly see it. But keep clutching the bullshit meme indicators you learned about from loser "analysts", after all that made you a lot of money right?

>> No.57844079

>>57844033
Extremely based, anon scurrying away to his New York sewer hole after that

>> No.57844091

>>57843816
how mad are you that you didn't throw more money in last year? or hell, even bought the ETF when it was first made a ailable? They're only up 50% since January.

>> No.57844135
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57844135

>>57842236
i called the bottom exactly on the day