/biz/ - Business & Finance

>>51646005
Not yet

>>51646005
No. Next year

>>51646005
Honestly, I want to say No, but then again we’re approaching a new iteration of clown so I’m not sure.
Reason I want to say NO:
>the stonk market hasnt even began to shit itself yet.
>big money started quietly moving to risk-off assets earlier this month
>medium money is starting to move now
>the media hasnt reported on anything yet
>the credit market liquidity crisis is just starting to become obvious to tuned in people
>the financial crunch hasnt hit normies yet.

Reasons I want to say Yes:
>traditional risk-off assets like bonds/treasuries, are proving to be risky as fuck and crashing due to the aforementioned liquidity crisis in the credit market.

So who the fuck knows. If BTC stays reasonably resilient, this iterations of clown-world-rape-the-taxpayer-with-bailouts will somehow see BtC as the safe haven risk-off asset aince literally everything is getting fucked and btc already got fucked pretty hard.

>Have we bottomed?

are we at $3k allready?

>>51646005
sure why not

>>51646187
>Reasons I want to say Yes:
every fucking crypto youtuber predicts ITS LE OVER

With how hysterical people are getting over the dollar, and how extended the DXY looks, and how the DXY is at major resistance, and BTC hasn't made a new low, I think there's a good chance for at least a temporary rally as the dollar cools. I can see some 2017 alts have made floors already and might pump out of them.

>>51646005
a useless token is about the price of a new basic car
no, we haven't come close to bottoming

>>51646005
from just the pattern we are about mid 2018 of the previous cycle. so 2 more years and one more crash

I've been accumulating for the past 2 months

the bottom of the great reset is 0

>>51646221
retard spotted

>>51646187
Can you QRD on the credit market liquidity crisis? I've seen that term floating around for the last couple weeks but still not sure what it entails for the average man

>>51646358
>13 months

>>51646005
>Have we bottomed?
yeah, the bottom was 17,700. Now we're going to go sideways for a while then back up to mid 20k level eventually.

>>51646187

Its a clown world. So YES.

>>51646005
Are the fields pink?
if it's not then the answer NO

>>51646552
>tfw I know this feel

>>51646005
no, just a slow, painful trip down to zero

>>51646005
I hope so but probably not

>>51646187
>>the stonk market hasnt even began to shit itself yet.
nigger are you fucking blind or what

>>51646005
you haven't yet, but you're about too
*unzips pants*

>>51646005
No. We're going sub $10k and we'll crab here fore a couple of years and then have a fake pump back up to $20 only to dump back sub $10k and continue the crab. I can't tell you what happens after that because I don't know whether people will give a shit about crypto as an investment or if it will get banned or what have you.

>>51646187
No bailouts until btc reserves are down 85% drained and fucked. At that point institutional investors will reluctantly switch back to gold at a significant loss. Literally keeping cash in duffel bags like a nigger is the only way to make it ATM

>>51647130
nigger spotted

>>51647130
if you really believe that then you should be shorting right now

>>51646005
everyone is about to get bottomed very soon

>>51646005
Then
>Bitcoin is going to $100k+
Now
>Bitcoin is going sub $10k
Make what you will of this information.

>>51646187
I wonder if it’s a single entity keeping us from making new lows (sbf?). Hopefully they continue to keep us up while legacy continues to shit the bed

>>51646005
I’ve bottomed for a dominatrix

>>51646005
The bottom is zero

>>51646240
this makes me want to say yes. seems most crypto youtubers and crypto TA guys on twitter think we haven't bottomed and the price will tank further

>>51647335
Then
>stinklinkers on biz acting like experts of the financial world when their shitcoin was last to pump
Now
>stinklinkers on biz still arrogant cunts every other breakout pump

nah we got a ways to go. Buy when the suicide posts from link marines are daily on biz.

>>51646187
>>big money started quietly moving to risk-off assets earlier this month
proof?

>>51646187
>crashing due to the aforementioned liquidity crisis in the credit market.
why there is this liquidity crisis in the credit market?

>>51646187
>big money started quietly moving to risk-off assets earlier this month
lol that happened months ago you fucking retard

>>51646187
here is a counter argument: the market is pricing btc as a risk on asset while it is a very heavy risk off asset
wait until the first capital controls or bank freezes happen, then all of a sudden btc doesnt look so bad and risky anymore
it'd say its a toss up between japan and britain to go down first

Everybody is saying were going to 10k just like when they said we were going to 100k