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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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19738275 No.19738275 [Reply] [Original]

I'm starting to think it isn't a bear market anymore

>> No.19738368
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19738368

>>19738275
Only now?

>> No.19738394

>>19738275
After three years of bear market and you think is going to last forever????

>> No.19738434

>>19738275
Bobos, hear me put for once: the market has gone into clown mode ever since the huge corona dump back in march, I suggest you don’t try to read the market as usual or you will get wrecked.

>> No.19738437

>>19738275
Relax bobo, the market barely ended green even after the Fed announced another stimulus expansion.

>> No.19738511

Are stocks and BTC going to correlate forever? Will the relationship invert at some point?

>> No.19738544

>>19738511
Correlation between asset classes typically increases during times of high volatility. BTC and US equities should decouple as the economy recovers.

>> No.19738554

>>19738511
I believe the schizo posting about Fed not wanting BTC to moon while dollar drops because they don't want any significant indicators of big dollar inflation

>> No.19738729

>>19738368
Did you resize that 20 times then convert it to 10 different file types before uploading it here?

>> No.19738790
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19738790

>>19738729
lol I think it's an old file from 2017
I actually like these weird low rez ones

>> No.19738804
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19738804

>>19738275
We are 100% in a bear market right now, don't let the dumb money bulls fool you. We are literally guaranteed to go back down to 3k.

>> No.19739403
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19739403

>>19738804
>We are 100% in a bear market right now, don't let the dumb money bulls fool you. We are literally guaranteed to go back down to 3k.

>> No.19740766
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19740766

>>19738275
We haven't actually been in a true bear market yet in Bitcoin, it's a Bear cycle. We're in a range right now between $8.5k and $10.3k, any price action within the range is fucking meaningless until we have a break out. Given the massive bearish divergence on the daily charts and the declining volume we're much more likely to break down than up. Relax dear Bobo, play time isn't over yet.