/biz/ - Business & Finance

back down for a bit before heading back up

>>18931973
6k but even before 10k

>>18931973
Probably around 10.5K, then a short drop to 10.2K or 10.3K before going back to 10.5K. If it doesn't happen today/tonight then definitely tomorrow. After that I would focus on 12K, and then 15K, and then 20K.

>>18931973
$20k eom
$200k eoy

>>18931973
won't hit 10k, will dump at 9980 to probably 7k now because mumus needed to crab for a week over a 100$ range

>>18931973
15k by august
20k dec - march 2021

>>18932081
you stupid fucking faggot we're going to 15k

>>18931973
$10,001

>>18932115

Not this month.

35k by friday?

>yes

>>18932068
Now that is a man I can trust
POOOOOMPEEEET DAMN EEEET !

100k eom

so should I sell now and buy in the dump?
t.retard

>>18932098
Unironically this

>>18932314

Every time I've taken profits over the past few weeks I've regretted it.

>>18932314
You could maybe sell at 10K and then place a sell order at 9900 or 9850, but with the way it's moving I would be very careful right now.

>>18932357
because the price never went down enough for you? or because it wasn't too much.

>>18932357
you're not taking them at the right time then

>>18932398
It just keeps going up a day or two later so I would've been better off sitting on my hands

>>18932314
>>18932395
Buy order*
I've done a little swing trading as we've been moving up, but you could easily get left behind at this rate. I expect there to be more people selling at 10.5K.

google trends
'bitcoin'
the normies haven't even noticed yet. Today is a good day to reach 10k so we can have 'bitcoin reaches 10k' news articles tomorrow, 3 days before the halvening. Allows normies to feel like there is still time to invest before the big event
bitcoin MUST reach 10k today

>>18932471
big brain boi here

>>18932471
Everyone knows what it is already, it's even on the CNN ticker

>>18932599
>cnn
fucking kikes

After 10k the real pump begins

>>18932599
nah, people still search for things even if they know what it is. You would see it in the trend lines if the normies were starting to take interest. If we get to 10k, we'll start to see bitcoin articles everywhere again.

>>18932357
same

I ain’t selling shizzy till we at 6 figgies, my niggies.

>>18931973
I feel like it's gonna dump again pretty hard.

85% week on week in a week. BTC, ETH and XMR together. Other shitcoins lagging hard.

waiting to get a text from family about Bitcoin

once that happens, we moon. Family are always the ones to take note of - they KNOW about Bitcoin/cryptocurrency (because of you) but they also don't follow it closely. So when they finally do take notice of it, they tell YOU about it.

>>18932819
hell yeah I'm not fucking selling.

Selling for what? Fed monopoly money? yeah fuckn right. I might buy some pms down the road or other crypto but distributed ledger technology is the future of money

https://www.bloomberg.com/news/articles/2020-05-07/paul-tudor-jones-buys-bitcoin-says-he-s-reminded-of-gold-in-70s

My niggers it's the golden bull run don't stand around fondling your nutsack

are there really people that delusional that this imaginary "normie" crowd is just sitting on the sideline right now with piles of disposable income waiting to jump in at 10k, the price they could buy a decent used car with- something that actually has value

That they would buy in after seeing just how volatile BTC is and that it has been on a downward line ever since the 2017 peak

that there are people that stupid, willing to make that large of a leap of faith, a low IQ upper class person who somehow accumulated that much wealth and is willing to blindly charge into something

>>18932985

Yes.

>>18932985
yes, it's happened once before, retard

>>18932985
it's more like: imagine millions and millions of people think " ah what the hell I ' ll just buy 0.1 BTC just in case" at the same time, no matter the price at that moment

>>18933212
this
and especially with loads of young professionals who still very much have jobs but nowhere to waste their money at the moment, there is a lot of spare cash which can go into bitcoin

>>18932985
Theres only 21 million coins...this isnt like USD where theres trillions of them. It doesn't matter what normies or jews want, Bitcoin is going to 100k because the whales want it to.

2021, no more bears, no more dumps and no more faggots like (((you))) to doubt crypto is gonna run like hell and leave you behind.

2021, my life begins...

>>18931973
$100k obviously

>>18931987
This. And now that I have said that, prepare for 14k

>>18931973
3k

>>18932985
Of course. People have extremely short memories & lots of greed.

will this pump shitcoins?

>>18933598
it will pump doge

>>18933558
You under estimate the normies and the FOMO effect. Also the get rich quick idea in difficult times like this.
They will FOMO at 10K, 15K, 20K, 25K.

OC

>>18933809

its just a dieing echo of 2017, decreasing in decibel with every cycle

>>18933809
what a load of shit

alright i sold, it can moon now

>>18933446

that's the spirit, buy ten thousand lottery tickets while you're at it, when you win your life can really begin

>>18933809
Umm, sweaty...

>>18934401

the first area you circled: july 2017 BTC sets a new high reaccumulates and skyrockets to another new high

the second area you circled: BTC skyrockets but fails to come anywhere near a new high and declines in a descending wedge

my theory: a system developed in 2008 gains traction and notoriety after a freak event in 2017 then fades into obscurity

your theory: it unexpectedly rises 400 percent in a period of greater economic uncertainty than you and probably your grandparents will ever witness

>>18932542
130+ iq

>>18935245
my iq is 130 so just squeaked in there, yes ;)

>>18932471
This anon gets it.
>”bitcoin jumps to 10k before halvening!”
Then the REAL FOMO begins

>>18932314
Yes. 9 weeks of green is unheard off. This is retarded halving fomo.

Even Boeing is up 5% today. BTC only moves with the stock market. The 60% March crash shows that it isn't a hedge against economic disaster. You're picking up scraps from the stock market while believing that you're engaging in, or profiting from, something revolutionary.

Perhaps you'll retort that you're hodling. But the fundamentals of BTC are horrible, so that it has no long-term future either. We saw what happened when it went to $20,000 before: $100-fees. Three-day waiting times. The code is irrevocably neutered by Blockstream. You can only solve the problem to a minuscule extent with third-party and second-layer solutions which wipe out privacy, and enslave you to banks and financial institutions. BTC has absolutely no use-case, and is propped up merely by speculation. Mean-while, everyone who bought over $10,000 is still holding the bag three years later.

If there is a future for crypto, it's probably going to be BCH or XMR. What we can say with certainty is that it won't be BTC. Ride the pump up if you're already holding, set a stop-limit, and then, when it begins to fall, cash out while you still can.

it won't break 10k for more than 30 minutes, if at all. screencap this.

>>18931973
U$10.000,01 or U$9.999,99

>>18936392
I agree with you about BCH and XMR. But would throwing in some other alts that are designed around business implementation like ETH and LINK as well. BTC is fucking shitcoin.

>>18932985
if you actually lived through the bear market from 2013 - 2017 then you would know that the answer is definitely yes.

>>18936392
this is the most onions post I've ever read
>bitcoin is inextricably tied to the stock market and it totally didn't crash because people think the world was ending
>why yes I love eating big steamy shits for breakfast

>>18936548

Gold crashed 10% and recovered a few days later. The stock market crashed 36%. BTC crashed 60%. What a safe-haven.

>>18936586
what does a safe haven matter when people think society is going to just fucking collapse?

>>18936392
>>18936586
actually a really good argument

>>18936658

I think you just contradicted one of the laws of thought.

>>18936701
nothing has any value if next week a gang is going to burst through your door, take your stuff and kill you

>>18931973

3k, it's the best I can do. At 3k most longs will be liquidated. Then it'll spike up again so the shorts can't close in time. Everybody's getting raped.

>>18932314

Yeah, buying now would give me panic attacks honestly. Same with holding. Look at that big V. That's going to dump all the way down for sure.

>>18932930
>>18932819

You sell so you can buy back 40% lower and double your stack.

>>18931973
Into ETH ASAP

all priced in. normies getting baited. waitinf for 2k. it will happen and i will be BASED AF

>>18937219
Personally, I think there won’t be a post halving dump because we already had the corona dump

>>18932985
>waiting to jump in at 10k, the price they could buy a decent used car with
This doesn't make any sense. The conversion rate is completely arbitrary. The only thing that matters is how that conversion rate changes over time. You don't buy in integer units of whole bitcoins. If you invest 1000 dollars in bitcoin and it equates to 0.11btc, or if you invest that same amount in ethereum and it's 5.0eth, or the same amount and it's 270 link, it doesn't matter. Only the change in those rates matters.

>>18937107

Crime didn't rise during the Great Depression. A societal collapse doesn't mean that the world looks like a Fallout game.

26k eoy

>>18932098
Wrong. 80k EOY

>>18932142
based

>>18934894
btc was born in the midst of a period great economic uncertainty. in fact, it was designed to flourish in periods of great economic uncertainty. the only thing that is guaranteed to fade into obscurity is our government issued currency, just like every single other government issued currency in all of human history.

>>18932985
Are you retarded or a used car salesman?

>>18932898
not gonna make it

>>18933738
That's exactly my point lol. They will indeed. Then get shaken out at the first retracement. Then repeat.

>>18933738

nobody fomos in like that after what happened to those poor saps who bought between 15 and 20k