/biz/ - Business & Finance

probably not. btc will continue to pump due to the etfs buying it all, then they'll probably dump to liquidate and buy cheaper before the halving.

>>57821634
I don't think so but who knows

>>57821634
>Is this the REAL bull run
what makes me concerned is that the war is still on and the interest rates are still high

the real bull run starts after november, and goes into mid 2025 or beyond

Nah this is recovery phase, For alts it's even below that considering most of them are still down -80% from ath

>>57821634
if it doesn't crash this week or after the halvening then this is real

>>57822229
This. The stock market/normal economy will tank after election day. Right now it's being propped up by Dems because, statistically, the economic conditions in the 6 months before election day are almost always what determines if an incumbent gets re-elected. Gas prices are coming down now for the same reason. It's all temporary. Everything will go to shit in 2025, and that's when the real bull run starts because crypto does well when the economy is in poor shape. It mostly runs inverse to it. That's the real bull run probably to like 200,000 or some shit and then it'll slowly fall for a decade at least

>>57821634
Dont make me tap the graph

>>57822371

>>57822353
Probably the most rational take I've seen here. But will it grow steadily for all 6 months?

>>57822353
How exactly are they "propping it up"?

>>57821634
Bobos will be short lived. Mumu will take over.
1. While there is a bear momentarily before and after the halving, historically it recovers after a few months.
2. While rate pivots downwards do cause financial crashes, historically such financial crashes, cease after 1-2 years of down and sideways.
3. Depending on institutional etf inflows, crypto bulls might be insulated from financial crisis as fund managers and pension managers try to find safe haven assets that aren't affected by financial collapse. While such a narrative didn't take place in the 2020 crisis, back then there weren't institutional grade crypto etfs. Now there is.
4. Low market cap alts will be less affected by macro economics and are instead driven by utility and narrative.
5. One such altcoin with utility is plebbit.
In just a matter of weeks plebbit has gone from 2m mcap to 5m mcap because people see the power of decentralized social medias that are opensource and free to use.
Plebbit is in development for 2+ years, has working demos and an actual 100% airdropped supply to biz 2 years ago (search the archive).
YET biz still ignores plebbit on uniswap.
Plebbit is an opensource, free to use, scalable P2P social media protocol with no https endpoints making it actually decentralized.
5m mcap
Long term targets 1-5b 2026-2027
Gif related

>>57821659
>dump to liquidate
ETF buyers aren't autistically watching charts, ETF holdings are practically burned

>>57821634
next year

>>57821634
Sucker's rally

>>57822995
That I don't know. It's also possible that they completely fuck it up by mistake and everything falls apart way too soon. Look at FTX ffs, just saying this is the current goal and anything else represents a system failure/loss of control on their part

>>57823009
Market manipulation of major stocks and probably also the real estate market. I flew into Portland last week and the entire downtown was for lease. Any office REIT is so fucked and boomers don't know because it receives minimal news coverage. Also printing money and raising/lowering interest rates in a certain fashion.

>>57821634
This is just a precum due to the ETFs. Bull is yet to come, but given the ETF boom now, the bull might not be as protruding as the previous ones.

>>57822353
>crypto does well when the economy is in poor shape
lol

>>57822415
This graph isn't real. The drop off between 2021 and the end of 2022 was a lot more dramatic

>>57821634
We already topped. Sell buy up some shorts and make even more money fucking moron

>>57821659
whos "they" you fucking mongrel? etf asset managers arent speculating, they are managing... mostly retirement funds and 401ks long term investing

>>57822995
How do you know if it’s the most rational? It’s literally just opinion.

>>57825633
because hes a midwit american republican who conflates rationality with conformity. he agrees with what he would like to hear. also the original poster is just as retarded. btc running inverse to the economy (lmfao) and btc "slowly falling" for a decade (even though it runs inverse to a shit economy???)

>>57822353
>crypto does well when the economy is in poor shape
No it doesn't, crypto is just tradfi beta

>>57821634
Very incompetent government artificially suppressed all aspects of the economy. This run is crypto escaping that. The real bull run is next year.

>>57821634
It's all bull run until 2026. There might be a big dip sometime later this year that fools bobos into thinking there's a bear market, but it will be a fakeout

Is there any anon enough kind to send me an email to shaokrahman100@gmail.com.

I badly need 700$, but I will tell the reason in the mail. If you think you can help me out, please send me an email now : (

>>57825835
I wouldn't piss on your face if your teeth were on fire.

>>57821634
The real bullrun is the frens we made along the way

>>57821634
everything will dump like lizzo doing the splits the week of passover and you know it. quit buying the top. save the for the pesach instead, goyim

>>57825687
>btc running inverse to the economy
why is that hard to believe? It pumped throughout the pandemic when economy was crashing all over the world

>>57826636
It kinda does, but the economy is not the causal factor. The cause is the balooning of debt. An over-abundance of debt is crushing the economy while the expectation of even further expansion of debt is pumping cyrpto, along with the stock market and residential real estate market.

Entire thread is a top signal

>>57826317
Fuck you, pay me

>>57826888
no

bump

>>57821634
I think this is the preliminary Bull Run, not the 'Real" one. I'm looking forward to a nasty drop post halving.

>>57821634
Nobody knows.

>>57830025
you do. TELL ME

>>57822353
This. Expect Biden to heavily pressure the Fed into lowering interest rates. They have already started the groundwork by claiming everywhere that inflation is under control (it isn't).

>>57825740
It does well in a banking crisis. (See 2011, Cyprus, bail-ins). A banking crisis is looming. All this early price action is making me suspicious that this money is fleeing into BTC for shelter, not FOMO

>>57826636
It also pumped in 2017, when the economy was, while not good, probably less bad than it's been at any point since the mid-00s.

Honestly, the pump during the lockdowns might be more of an exception, because there was a ton of money being printed in an extremely short period of time. I'd almost expect rallies to be more common during less-shitty economies, with slow accumulation by dedicated crypto supporters during downturns. But there are so few data points available that I'm just speculating.

I'm not sure why it'd decline over a whole decade though.

>>57830043
It can hit sixty nine.

>>57821634
$16k is programmed