/biz/ - Business & Finance

we are literally in this kind of market for the foreseeable future

The retardation in this thread is getting out of hand.
Yes we're going up right now, but the fundamentals are looking horrid.
Nobody cares about the banking industry being squeezed by 5%+ Fed rates, sinking non-investment banks underwater? How long can they stay afloat? It's the entire sector btw. This is the ballast against speculative investment (stocks), so what happens when it keels over?
Jerome can't start cutting, the international situation would eat him alive and down goes the whole USD global grift system, he must stay hard; the BRICKS+Saudi+Egypt+++ are not fucking around, these new countries formally join Jan 2024
Meanwhile QQQ & SOX & software companies and game devs and all these growth companies that have been DRIVING the markets since 2012-2014 are all completely fucked with Fed rates causing money to actually cost something.
The layoffs and cuts and attempts to increase profits have been significant this year, and if rates don't start dropping soon (they won't) next year it's going to start getting ugly
Remember the complete lack of any breadth in S&P/QQQ/etc

We're riding some wild volatility right now as everyone in this current rally fucks around trying to make some short-term cash, but equities literally cannot go back to a 2012-2021 eternal pump continuation with the situation in rates, bonds and the challenge of the international USD system.

We are transitioning (lol) into a new paradigm, away from "US STOCKS GO UP" since 1981, to... IDK what comes next, other than lots of price discovery and chaos

Man the chart is unironically a Chad Fad.

I miss this price action so fucking much. I think this is the best chance BTC has had in a year in a half to break out. $40k. Or it just dumps again and we go back to eternal damnation in the land of crabs.

Look at the 5 day chart

OP’s right.

RSI nigger can you check the RSI for me??

line go up then sideways then up repeat let’s go bitcoin
no ceiling bull to 100k

Zoom out

>>53147681

>>52865286
Uhhhh the bottom??

Its about to happen

>>50422670
Chad Cycle has only just begun

>>30119469

>>28417861
NEW PARADIGM!

>>24442418
CAN YOU FEEEELL IT?

>>23238259
Nothing personal, kid

>>21651782
>this already did a 3x, wait for a retrace
there's not going to be one it's unironically doing the chad fad rise

WAKEY SNAKEY

Or the Chad Fad

>>21357218
we are officially in the chad fad

Coinbase literally ran out of hot wallets for LINK yesterday.

Imagine buying/hodling XRP instead lmfao.

It’s the first step of the Chad Fad obviously.

>>20862397
Check out Defipulse.com and Andrea antonopoulos’s YouTube channel will teach you everything

>>20740637
textbook