/biz/ - Business & Finance

Capo just said 12k is still the main target
wagmi bobros

>>56831084

>>56831240
EL CAPO!!! I trust this man with my future and fully shorting

Mumus have been awfully quiet lately. heheheh

>>56831084
N+1
Bobo thread
to be fair though given money supply, we are at less than the 20K peak in 2017-18

>>56832869
When it hits 80k someone make one of Bobo impaled and two basedjaks pointing saying “It’s just a double top, 10K is programmed in.”

I remember when these threads were about 20k, 21k, 22k, 23k, 24k... well you get the picture

Bitchuck's fuck and suck.

>>56835499
Though 40k is probably a good place to take some profits as this is the point where bitcoin was rejected hard last year, so this will form a major resistance point and likely suffer a short term dump by as much as 10k.

>>56835393
Money supply does not drive markets. Loan supply is what drives markets. Bitcoin's pumps came on the heels of low interest rates. The 2019 bullrun began when the FED reduced rates. The bullrun proper will begin when interest rates are going down. This will be followed by a violent crash as interest rate cuts tend to precede economic reversals.

>>56831084
weeks still closing higher highs
BTC always pumps during a fed pause
next resistance is $46k, my exit is around $40-45k

the next nosedive will be when the fed cuts, which will be because of widespread bank failures. my re-entry point is ~$20k

>>56835720
TA faggots are insufferable

>>56835779
>my re-entry point is ~$20k
You will be waiting until 2027

>>56835797
the fed will cut before spring 2024
systemic pressure will force massive layoffs, which will cause major liquidity drain from the markets by people pulling their money out to make ends meet.

BTC will retrace all the way back down near $20k and pump back up when the money printers start going brrr again

>>56835852
give me more hopium. Please no copium sir

>>56835743
low iqfags think that low rates = "free money!" = people buying their bags

>>56835743
And the 2016 bullrun began while the fed was raising rates. Keep repeating this stupid narrative every day you dumb newnigger.