/biz/ - Business & Finance

[Anonymous No.8165505]

Ok pajeets out

Why exactly are we in sideways market? I need logical reasons, what keeps us from going up

[Anonymous No.8166621]

>>8165505
it's my fault, I rolled red ID sometime in January and it all went to shit from there

[Anonymous No.8166652]

>sideways
we down now senpai

[Anonymous No.8166671]

>>8165505
It's a secret. cannot tell

[Anonymous No.8166673]

>>8165505
Everyone is waiting with 0 volume.
If nothing happens we will go down to force volume back again, which is very likely going to happen.

[Anonymous No.8166695]

>>8165505
Not enough volume. There aren't enough people interested in buying crypto right now, so it can't go up yet.

[Anonymous No.8166944]

>>8165505
New bagholders don't flow in as they used to as the recent crash scared the normies off.
Most current bagholders are millenials with no important large expenses who can afford to sit on their coins.
As soon as a large chunk of them wants to cash out (economic crisis/retirement), the system collapses.

[Anonymous No.8167007]

Chinese spent all their money on expensive gifts and lavish holidays for New Year. Don't worry they'll be entering back into the market around the end of March/start of April. Expect some serious pumps anon.

[Anonymous No.8167390]

The real answer is no one really knows.

[Anonymous No.8167420]

Why would it go up?
Media attention with the Big Bang theory episode and all that bullshit happened last year
No reason for btc to go up
I'm surprised it's not tanking even harder

[Anonymous No.8167433]

>>8165505
not enough people buying
too many people selling and undercutting
/thread

[Anonymous No.8167457]

That's just the way it is
Graph is logarithmic for brainlets out there

[Anonymous No.8167460]

>>8165505
Bagholders wont sell
No new buyers
2+2=4

[Anonymous No.8167871]

>>8167420
No ones really buying but all the new bagholders were told to hodl to the grave so they aren’t selling either