/biz/ - Business & Finance

[Anonymous No.58376917]

you guys think this could be the top?

[Anonymous No.58376946]

It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their bitcoin will continue its 30% monthly price increase.

Nocoiners, and anybody born in a future generation, will not be able to afford a $10,000,000 satoshi in 15 years. They will live in tent cities, and Hondas.

This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.

[Anonymous No.58376974]

>>58376946
fpbp

[Anonymous No.58377019]

>>58376946
Holy top signal

[Anonymous No.58377029]

>>58376946
>>58376974
seriosuly though putting sarcasm aside
all the normie youtubers are bullish
i'm thinking this could seriously be the top
i haven't seen wide-market sentiment this bullish since the last bubble in 2021

[Anonymous No.58377038]

>>58376917
don't see it happening, get into real coins kek

[Anonymous No.58377049]

>>58376917
anything is possible now with NiggerCock in the space.

[Anonymous No.58377068]

>>58377029
>normies are bullish at the start of a bull run
oh

[Anonymous No.58377080]

i also feel like there is a decent amount of people calling for a top here, but the thing is i'm guessing most of these people are >70% positioned long at least

so even though there are alot of top callers here, when you look at how they are actually positioned, most people are still long
makes me think a 1-2 month flush is likely...

[Anonymous No.58377084]

>>58376917
last pump to 74-78 then dump

[Anonymous No.58377250]

this will be first cycle where orangecoin doesn't break its ATH counting for inflation

you think they will allow your weeb coin to threaten the almighty dollar

[Anonymous No.58377364]

>>58376917
i don't think this is the top mainly because pi cycle hasn't crossed, but i think over the next two or so months we are going to see 42k again and then a fast run to new ath

[Anonymous No.58377396]

>>58377250
I don't think they can stop it going up. They can decrease the price by selling what they've seized, but if enough people want to buy, it will go up.

[Anonymous No.58377411]

>>58376917
WTF, obviously not. The top was a month ago.

[Anonymous No.58377413]

>>58376917
No, btc has not even reached inflation adjusted ath.

[Anonymous No.58377440]

>>58376946
fpbp same applies to vinu, linu, link and eth

[Anonymous No.58377582]

>>58376917
yes, its over, see you in 2028 faggots

[Anonymous No.58377668]

>>58376917
We've been at this level for a month. Does that seem like a top to you? This is likely the bottom of the next draw down. Sellers are earlier buyers taking profit and getting off the ride, buyers are creating a position and getting in for the next leg up. Once the selling is exhausted, up we go again.
Like anon who posted the copypasta about a perpetual bullrun, although it sounds ridiculous it's highly plausible. You see, the US gov is printing unprecedented amounts of money at the moment when the Fed is maintaining higher rates. At some point the Fed will have to drop the rates. What do you think happens then? The next decade will be high inflation and asset prices going to the moon, until clown world finally breaks.

[Anonymous No.58377688]

>>58377582
It's not over yet. This is the best time to buy more, and I'm getting more DUA, FTM, and IOTX. Thank me later anon.

[Anonymous No.58377709]

>>58377688
Based fantie appreciator. Sonic will be used by Blackrock eoy

[Anonymous No.58377716]

>>58376917
it really is
we are heading to 100k eoy, ignore poojets and newfags trying to keep you down
not only BTC is pumping, BRC20 tokens on my satoshibank are pumping too

[Anonymous No.58377720]

>>58377668
>We've been at this level for a month. Does that seem like a top to you?

What about June - September 2019? We spent MONTHS at the top around 10k-12k, and BTC ended up dumping 50%+

???
everything you said is what EVERYONE is saying again and again and again
i keep hearing the exact same bull thesis you just said

[Anonymous No.58377725]

>>58377709
Ofc, $10 this bullrun

[Anonymous No.58377753]

>>58376917
It was a nice bullrun, bought at 15k, sold near ATH.

See you next bullrun, I'll buy at next 60% dump.

[777 No.58377779]

FIDESZ!

[Anonymous No.58377801]

>>58377720
You can't compare back then to now. Bitcoin is a completely different animal now. And if we did dump to $45k from here, it would be gift for those that are now sidelined. I'm just dca'ing everyday forever.

[Anonymous No.58377911]

>>58377801
what about sentiment? and the fact that literally >90% of people you talk to in the space think bitcoin will go over 100k over the next 12 months
there is market wide consensus that btc will 100k next 12 months, like literally ask 100 people in crypto and >90 will say think btc will be alot higher in the next 12 months

what if that doesn't happen? what if bitcoin and crypto stagnates over the next 12 months? very few people are thinking of this possibility.
im just sharing my thoughts

[Anonymous No.58377932]

>hurr durr is it over
if you look at a linear chart, you can't even see the 2013-2014 bullrun and the 2017 bullrun is starting to disappear. the fed is cutting rates, they are going to bailout any bank failure, and they are no longer trying to target 2% inflation. deficits and debt are going to go up forever. money printing is what drives bitcoin bullruns, not the halving. we have like 10 years of runway ahead of us right now

[Anonymous No.58377953]

>>58377801
also when you look at positioning polls on twitter this month, they've all been >80% long crypto, and under 20% cash.

which means the market currently is very very long, and people are holding very small % of cash

[Anonymous No.58377969]

>>58377932
you do realize that historically when the fed cuts rates it means something is very wrong with the economy, and markets tend to dump after rates get cut

what happens if inflation picks back up? and rates stay higher for longer? the market has not priced this in yet

[Anonymous No.58378004]

>>58377777

[Anonymous No.58378023]

>>58377932
>deficits and debt are going to go up forever. money printing is what drives bitcoin bullruns
Yes but when they can't print anymore because if they accidentally make things so worse for the goyim they don't even notice unwashed masses amassing for a siege
They are that delusional and uneducated about financial history, so either way crypto goes up against faith in government which is completely fraudulent at this point because we are already in a 25x 2008 crisis and it could get way way more impact modifiers

[Anonymous No.58378042]

>>58377911
It's possible but improbable due to the ETF's. If that scenario were to play out, then it would be a great buying opportunity. Between fiscal dominance, printing up more money than ever before and the uncertainty in the bond market, I don't feel bad about buying bitcoin at any price. Just look gold, that's telling you something.

[Anonymous No.58378095]

>>58376917
The top of what? The bull run? No, this is months away. This was just some ETFs euphoria that is slowy fading. Look at the open interest in futures market - it is way higher than at similar price levels during 2021 run. There is a ton of longs that itches to dump higher on ETF boomers (in fact I did that too, several times). But now methinks those guys with longs still open are gonna shit their pants on the first day Blackrock has negative inflow - so we are due a correction at least below 60k

[Anonymous No.58378099]

>>58378042
looking at how the market is positioned and trying to bet against it when i think we've reached inflection point
right now, i see that the market is heavily long, and a very small % of the market is holding cash. from a sentiment perspective, the market consensus is that crypto will be a lot higher 12 months from now

now. i'm not saying just because we have these signals, that this 100% is the top. because we could very well keep going up for months even with these top signals flashing
but when you look at things objectively, the risk/reward here to long doesn't seem good

[Anonymous No.58378100]

>>58377911
And I'll add that, yes, people in this space are overly bullish but those are the same that will be selling, thinking they are geniuses, when it gets to $100k, which will be a mistake, in my opinion.

[Anonymous No.58378108]

>>58377029
they were very bullish nov 2020 too look back at the videos.

there is also a lot of traditional technical analysis that says we are about to be in a bull market. for instance testing an ATH is seen as very bullish and most assets that do this go into price discovery again.

[Anonymous No.58378134]

Bear trap.

[Anonymous No.58378150]

Baby bitch dip doesnt even get past 69k and you pussies are crying that its over lmao. Bring back the weekly 30% dips again

[Anonymous No.58378183]

>>58376917
Wall of worry

[Anonymous No.58378233]

>>58378099
Longs have been getting liquidated left and right as the price action has been choppy, and this is going to continue. The volatility will likely get worse. But I'm looking at the long term, at the very least 5 years out. What happens now is not relevant to me because I'm not worried about the short term and the more volatility, the better.

[Anonymous No.58378298]

>>58376917
Could be tails. I need to see the other side of the coin.

[Anonymous No.58378328]

>>58377969
none of that matters, only liquidity. look at this chart and the price of bitcoin and tell me that Oct 2020 and Nov 2023 are just a coincidence

[Anonymous No.58378371]

I think H4 to the next green ATH, will be a bigger % change than 19,800 to 69,000 was.

[Anonymous No.58378411]

yes this is absolutely the top, it took 2.5 years but we past ATH by like 5%, next cycle we will breach it by 0.5%. hallelujah bitcoin

[Anonymous No.58378615]

>>58378328
according to your chart
doesn't that mean that the market has gotten ahead of itself?
since BTC is back to ATH's, but liquidity is less than in 2021 when BTC was around the same price

This is bearish right?

[Anonymous No.58378767]

>>58378371
That chart looks pretty spooky.

[Anonymous No.58378788]

Maybe. But I have PTSD from last cycle. Still gonna hold and stick to my selling plan.

[Anonymous No.58379239]

I haven't sold in 5 years and my plan is to start selling what I need in 2028 when I retire.

[Anonymous No.58379291]

>over
kek there are still baggies that bought doge at .50

[Anonymous No.58379352]

>>58379239
based

>>58378767
I don't know what that means, but I don't usually make such things I was just interested to line up the linear and log charts and mark the halving points and cycle tops

[Anonymous No.58379621]

>>58379352
When I look at the chart, it tells me that the ATH is going to be magnitudes higher than the previous one, but who knows.

[Anonymous No.58379648]

[Anonymous No.58379817]

>>58379621
>69,000 / 19,800 = 3.48
>3.48 x 69000 = 240,000
I know it doesn't actually work like this as if it were programmed, I just assumed we at least do a multiple of the old ATH this cycle to give me an idea of what is possible. I think it is somewhat conservative. I would be a bit disappointed if it peaked at 240,000, but only a tiny bit disappointed. I think it could go higher than that just because last cycle was particularly cucked by the news going on then.