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/biz/ - Business & Finance

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58010640 No.58010640 [Reply] [Original]

SHIEEEET

>> No.58010651

>>58010640
Based, it has to cd!

>> No.58010723
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58010723

>>58010640
BTC was trading within a Rising Wedge... what did you expect????

>> No.58011494

>>58010640
in hindsight it's so obvious

>> No.58011516

>random line theory
It never fails

>> No.58011535

>>58010723
What I don't get is why aren't the ETFs saving our ass?

>> No.58011606

Your imaginary line is not a resistance.

>> No.58011634

>>58010640
The 4hr chart on the most recent climb from 50-70k looks completely alien. Inspect it closely and you'll see we haven't seen this behavior before. We see this more in the stock market. This isn't the dump you're hoping for, we're going to keep climbing.

>> No.58011653

>>58010723
What if we're actually in an extended cycle and formed a triple top with the 2 peaks from 2021.
Bitcoin will finally go below 10k

>> No.58011678

>>58011535
An ETF pushes the price up at first as they purchase the underlying asset. Once the ETF is fully backed then the shares just fucking sit there doing nothing. Which means brokers can only use them to short.

>> No.58011745

>>58011634
>completely alien

er...looks like a chart

>> No.58012046

>>58011634
Bro you sound like you sip tea at night and whisper “hmmm” to yourself

>> No.58012068

>>58010640
Obvious manipulation. You don't think things are just supposed to *perfectly* follow lines are you?

>> No.58012070

>>58011678
this
hope you enjoy eternal price suppression lol
this is what they do to gold and silver

>> No.58012078
File: 175 KB, 686x378, bobo-crash-market-cursor-blinking.gif [View same] [iqdb] [saucenao] [google]
58012078

>>58010640
Sell while you still can.

>> No.58012083

>>58011535
Its literally been saving your ass since 40k you think the price was just gonna go straight up with no retracements whatsoever? Man theres people who bought at 17k everyone has expenses to pay. Or other investments to buy in the case of whales.

>> No.58012100

>>58012083
lol these "hang in there" responses are pure chatgpt

>> No.58012726

>>58011535
Because it's irrelevant reddit noise. Redditors think Bitcoin pumps due to muh ETF, that it has never pumped before ETFs existed. It's utterly retarded. And asking "why isn't ETFs saving us" is like asking "why aren't institutions saving us" -- same reddit mentality. Institutions aren't our friends. If anything, institutions/ETFs will cause news lows that never could've happened without their involvement.

>> No.58012741

>>58010640
I THOUGHT YALL SAID THAT THE E L F OR WHATEVER THE HELL IT BE WAS FINNGA PUMP US TO 100K? WASSUP WIT DIS???

>> No.58013041

>>58010723
>>schizo charts
if you knew how to trade you wouldn't me here you bitch