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/biz/ - Business & Finance

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20971660 No.20971660 [Reply] [Original]

Looks like we have a clear head and shoulders pattern incoming here after the deadcat bounce induced by the coinbase news, /biz/. The bearish -1 USD by middle of august predictions could very well still become a reality. This is due to the power of lopsided mathematics, trapping wealth in the overly inflated positive rebase zone, which cannot leave due to negative rebases being limited to 10%. But this inflated wealth must leave somewhere once panic selling sets in.

This is crypto and you cannot fight effective market forces. Say goodbye to your dreams of wealth, because your real life begins now.

>> No.20971836

market cap doesnt follow the same rules of TA as price discovery fag

>> No.20971839

>>20971660
*cannot deflate rationally due to the limited negative rebases, ultimately causing a mass sell-off and capital flight until we plunge below $0.

>> No.20972065
File: 8 KB, 213x237, brainlet.png [View same] [iqdb] [saucenao] [google]
20972065

>>20971836
>price discovery means market cap go up
Don't forget to hear a helmet, anon, because the crash is going to be hard and violent.