/biz/ - Business & Finance

>>58046337
Why did it pump to a new ath then and what part of the cycle was 2022?

>>58046738
>Why did it pump to a new ath then
That already happened with the pump from 28k to 69k after the 64.8k ATH had already been hit and the bear market had begun. The rally to 69k was a Return To Normal rally that was artificially boosted. Something similar happened now but on an even larger scale. Ever since that pump from 28k (in 2021) began things have been weird and different.

>>58047019
Everyone is so aware of this now that we never got depression, just the entire market trying to frontrun depression for the next run.

>>58046337
There has been no public, no mania phase, very little media attention. A lot of institutional investors and the cryptofags retail.

>>58047060
do you think we will see a couple months of correction given how fast we went up, and how almost everyone is bullish here?

>>58047076
Very hard to tell. I think it will depend on the politics. The whole market has been going up non stop since October.

Or is this the bear trap. Who knows. That's part of the game. But I have yet to hear anyone mention crypto in my day to day life. I am a simple wagey in a store and I go to a gym with loads of early 20 Sam Sulek bros and I haven't heard a single word about crypto yet. Whereas during the previous bull run I had my football mates trade dog coins during halftime and had girls from work talk about their trading strategies on shift. I'm just not buying it that this is it for this run guys.

>>58046337
Yeah

>>58046337
>15k to 70k was a bulltrap

>>58046337

Literally institutional investors right now why can't you read a chart to save your life.

General public hasn't even started yet.

Ur dumb.

It's funny because all ppl weere predicitin shit using math and geometry and shit and they still get rear ended- at least truflation seems to be very accurate on its estimations on rwa inflation, if they could just put an index for crypto inflation they would be god.

>>58047019
all I hear is excuses for "We dont really know and we cant predict shit"

>>58047060
shit posting is just saying shit in a non fancy way.

Amazing how many dumb money bulls are in denial that the bear market bull rally is over. Crypto winter is about to get brutal.

>>58047147
what if we are the bear trap inside a bear trap? what if we are just being manipulated? what then?

>>58047453
if they could do that wouldn't they become targets? like bad publicity lets stfu of tru?

>>58047131
and will continue to go up to 120k

>>58047488
>>58046337
Post em up, show me the shorts

>>58047453
It works though and if you look back at the last cycles, so far we've followed the same patterns. Winter is coming

>>58046337
I like this multiyear chart better

>>58047201
This is a good point. Within large supercycles are smaller cycles that will also follow the trendline. Pic rel is a cup and handle preceeding current bullrun

>>58047513
Oh I am ready to have steak for dinner.

>>58046337
We're at "Media Attention", the recent ATH didn't create retail euphoria but I did see the news talking about it briefly.

This time, it's different™

>>58047604
The media has been talking about bitcon for years. Everybody has lost interest and the ETFs proved that institutional money doesn't care. It peaked too soon and now the bear market will be even longer and colder.

>>58047545
Same thing as 15m charts vs weekly charts