/biz/ - Business & Finance

>>11371370
we can't tell b/c the whales fucked up the pattern. kek.

>>11371370
Return to mean.

We're in the bulltrap stage

suicide

>>11371397
We just exited the bulltrap.

>>11371370

Still in fear. Trading bots are really dragging this out..

>>11371370
BEAR trap

Honestly, I don't see this going a whole lot lower, so I'd say we're around return to mean. The depression, fear and anger phases happened during the spring when this board collectively lost its shit. The overall mood here these days is one of defeat, which makes me think we're about done with the big sell offs.

>>11371397
bulltrap was in April.

>>11371375
if pattern is invalidated, does that mean we're in a First Sell Off/bear trap?

bear trap

dec 2017 was first significant sell off

we are in return to normal soon to be fear. debate me

>main stages in a bubble
Why I see this meme pic every day? It's BS.

Bear trap,

Every time BTC drops 200 dollars I come here to see the same threads.
Then it goes up the same amount and it's all green Wojaks and muh lambos. Repeat ad eternum.

>>11371777
It isn't. The problem is that the entire run to 20K could be the first sell off. This chart only works in hindsight once it has played out entirely. You can only look at it 20 years from now to tell where the bubble actually was.

>>11371801
and that's why I belief I'm in hell.

>>11371370
coasting along on "return to normal"

>>11371529
but i aint even scared doh

>>11371370
We've been lower than this already months ago. This "dip" is nothing significant.

>>11371521
I'll take a run up to 13-15k for a long crash afterwards no problem! buy my bags faggot!

Have a look on reddit and twitter, we are 100% just entering denial.

>>11372371
>completely bypass institutional investors and public

Sure bro

>>11371370
despair im sure many others are like i and have given up already

>>11371701
tfw the chart is logarithmic

>>11371370
FEAR

a sub-10% drop is neither.

this is the return to mean
the first bitcoin bubble popped in exactly the same way and didnt start the next bull run until 4 years later.
fucking let it go guys 2022 aint that far away

>>11371370
fear
>its only beginning

I’ll help you guys out because there’s a bunch of dumb answers in this thread. See “institutional investors” and “public”. We haven’t even gotten close to institutional investors yet and sure as fuck not public.

Stop looking on the wrong side of the graph

>>11372406
Institutional investors ain't touching this shit with a 10 foot pole.

>>11372571
right because when every news station was blasting bitcoin prices, everywhere you go you could overhear conversations about crypto, people who had never been on the internet other than to look at porn started telling me how much i could have made buying crypto 1 year before that wasnt the public buying in.
you are fucking deluded.
there were step by step tutorials on major news networks on how to buy ripple for fucks sake

>>11372601
You are talking to that dude assuming he ever goes outside. Most likely a basement dweller

>>11372601
Dotcom bubble. You either think there is underlying value or you don't. If you don't then this was the end. If you do then you know it was just speculation frenzy before anything is really built out.

>>11372601
Yeah you’re totally right. Everyone with a 401k is invested in crypto, all FAs have portfolios with crypto, crypto is a household name.

Admittedly, the internet/media skews the “awareness” phase but don’t think that we’ve hit anything close to those phases

>hodl btc for future financial system free of banks!
>we just need more institutional money!
pathetic. just sell this shit already

January 2018 was the bulltrap

We are currently in fear

>>11373556
no fkn idiot

the bottom is $1500

buy all in

>>11371370
Fear

>>11373656
is it you, renkofag?

Hate to see it but Fear. BTC has to get back down to 800-1000$ before return to mean.

>>11372426
Return to "normal"

>>11371370
Fear

>>11371370

Literally at first sell off.

>>11371370
Suicide

idk, you tell me

>>11371370
first sell off

>>11374700
the whole 2017 bitcoin looks more like the 2000 dotcom take off to right before media attention if you look at it better

>>11374717

This. If you unironically think december was mania at the level of dotcom you're seriously retarded and should probably just sell everything and get the fuck out of the market, you'll just lose money anyway. Market cap was like 800 billion at best. That's not mania.

Remember those silly geese who thought 19k back in January was the "first sell off"?

>>11371370
We're out of the bubble phase, and have been for quite some time you gigantic fucking retard.

>>11371529
>>11371747
correct

I think we have to hit despair. One good dump to 4k, and then we're back on track.

I had a fucking strange dream the other night, for some reason I was sitting on the wing of an attack helicopter and I was worried about my wallet falling out. When I reached for it, it fell all the way to the ground and that's when I woke up.

That same morning is when all the stockmarkets and BTC plummeted.

Despair would be 1-2k so not yet

return to mean or first sell off

>>11376879
poor nigerians speaking on cryptos and you faggots still speculate on this ponzi

TOP

KEK

>>11376941
whats you plan? muuuuh duck

>>11371376
This. 6-6.5k is the mean. Tried and and tested, several times. Possibly 7k by EOY. Only memeing ultrabears and permabulls on /biz/ doubt it.

>>11371370
zoom out, it's beartrap