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

/biz/ - Business & Finance

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25865695 No.25865695 [Reply] [Original]

I cant quite put my finger on it but I feel like I've seen it before. To 100k we go!

>> No.25865748
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25865748

>> No.25865783

>>25865695
>>25865748
Yes, the weekend was the bull trap. We're now returning to normal and everything is great!

>> No.25865855

certainly feels like a bull trap

>> No.25866008

Smart money is selling them reacquiring at 10k bottom

>> No.25866046

>>25866008
Why would it bottom out? It was 7k BEFORE stock to flow kicked in during the halving. Absolute bottom is 20k.

>> No.25866455

>>25865695

Thanksgiving. Similarly, what we're likely to see is BTC creeping sideways/up and following that trendline to form an ascending triangle, retesting 40k another time or two before continuing. This will take a month or so. Alts either rally hard as BTC consolidates (likely) or do the same sideways crabbing as BTC. Either way, this recovery today was extremely good looking. The dump was fast and emotional, and this recovery was swift but sober--- not wicking back up immediately and violently. This sustained return back upwards is a good sign

>> No.25866502

>>25866046
>Absolute bottom is 20k
This. 20k was a month of resistance. That's a vast amount of volume. Now it's solid support.

>> No.25866564
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25866564

>>25866502
Bulltards talking about 20k support after saying 200k a week ago shows this is nosediving to the $9000's in one week.

>> No.25866575

>>25865748
bear trap 100%

it will take another month or two to go to 100k and then it dumps to 20k

>> No.25866603

>>25865695
its like the old days

>> No.25866605

>>25865695
Biz sold the bottom, Muh tether

>> No.25866696

>>25866564
>after saying 200k a week ago
Who? I saw the correction coming over the weekend. It was a clear breakdown from a symmetrical triangle pattern and the recovery has been bullish. Nothing goes up in a straight line, but Bitcoin and Ethereum still have a ton of gains to make this year. If you don't think so, short it. I bought more ETH on the dip this morning. So far, that's paying off great.

>> No.25866842

>>25865748
reminds me of first sell off

140k eoy

>> No.25866899

Beartard will rope once tether fud is broken just like 2017, best timeline ever