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/biz/ - Business & Finance

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File: 69 KB, 1488x689, BTC August dip.png [View same] [iqdb] [saucenao] [google]
27477541 No.27477541 [Reply] [Original]

The price peak of the BTCUSD pair at the end of June 2019 hits the mark of 0.25. March 2020 low came five weeks before the mark of 0.382. The high of late 2020-early 2021 miraculously hit the 0.5 mark. And then the worst thing: if we apply the fractal market behavior earlier to the current situation, we get the BTC price close to $11500 five weeks before the mark of 0.618. This may happen in mid-August 2021.

>> No.27477651
File: 117 KB, 1667x778, thisistheway.jpg [View same] [iqdb] [saucenao] [google]
27477651

imagine believing this. it won't you fucking retard. BTC will not be going below 30k.

>> No.27477930

>>27477651
Screencap your own post and look at it a week or two from now.

>> No.27478060

>>27477651
it went sub 30 three times last month. unironically nys you fucking nigger

>> No.27478141

>>27477651
WAN GUT TEA
WE ARE NEVER
GOING UNDER THIRTY
THOUSAND EVER AGAIN
WAN GUT TEA

>> No.27478384

This faggot really put a black swan event into his TA holy kek these newfags are retarded

>> No.27478548

BTC will never go below 34,800 again.

>> No.27478629

>>27477541
Short it then.

>> No.27478904
File: 1.32 MB, 828x1792, 4E875C1D-2306-4E55-8417-A5095B3A0031.png [View same] [iqdb] [saucenao] [google]
27478904

Haha yeah right pic related

>> No.27479121

>>27477541
you understand that selloff in March 2020 was COVID-induced and quite literally will never happen again, right?

>> No.27479897

$11500 is the biggest Bullshit I have read today

>> No.27479949

>>27477651
>early 2017
Oh dear, not that crap again. /biz/ and crypto oldfag here. You have no idea how cringey posts like yours are to those with long-term experience. We've seen your type of post before.

Just after the first 20k high in late 2017, people in the exact same situation as you (guys who bought in near the top) were saying "N-no, the price isn't going down, we're in middle of 2013!" — You're being just as delusional as they were.

>> No.27480619

>>27477541
Anyone who thinks BTC is going to pullback beyond 25k is completely retarded with less than an 80IQ. Ever single dip, and I do mean every single dip, more institutions step in and buy. Do you know why that is? It's because they want to eventually be the ones controlling the supply of BTC so they can also control the price swings.

>> No.27480935

>>27477651
$10k EOY

>> No.27480955

>>27479949
I've seen your type before nigger. I've been here in early 2017 when we went past previous ath for the first time. Niggers like you were roping in a few months because they sold early.

>> No.27481687

>>27477651
Let's see, I can buy a rig that fucking MAKES bitcoin for $50k, and then mine it for $8k each, or, I can buy 2 fucking coins for $60k. You idiots. The equalibrium price has always been the cost to mine the coin, which is around $8k, depending on the country you live in. Bitcoin will be around $8k-$15k by the end of the year. Garunteed. The only thing that will change this is hyperinflation. In the case of hyperinflation, you can invest in anything and make money. You might as well buy Doge coin.

>> No.27481867
File: 170 KB, 360x346, 1585371963775.gif [View same] [iqdb] [saucenao] [google]
27481867

>>27478904
>>27480619
Imagine falling for the institutions meme and parroting it like an absolute brainlet. Imagine not understanding institutions buying is a bearish sign.

Also, last time it dropped by 85% from 20k to 3k. Just because you bought at 40k doesn't mean it won't drop over 50% which it will (ONLY testing 20k is unlikely - it won't hold).

>> No.27481873

>>27481687
subzero IQ

>> No.27482000

>>27481867
Can't wait for retards like you to rope. I'm saving all these posts to rub them in your face next month.

>> No.27482220

>>27481687
It literally just halved from sitting at ~15,000, the fair value is 28-35,000

>> No.27482538

>>27477541
>>27481867
Why the fuck are there so many retards on this board? I can't wait to plop a fat stinky shit on your heads from the top floor of my pent house while your on the street below because you got liquidated for shorting BTC.

>> No.27482563
File: 117 KB, 750x738, (You) .jpg [View same] [iqdb] [saucenao] [google]
27482563

>>27482000
>if i don't see reality then it doesn't exist ~~ the only thing that's real is what's in my head
Good luck with that. One day you'll be forced to face reality headon, and it will be painful.

>> No.27482644
File: 44 KB, 800x536, market-cycle-800x536.jpg [View same] [iqdb] [saucenao] [google]
27482644

>>27481867
>imagine not understanding institutions buying is a bearish sign
pic related
>last time it dropped by 85% from 20k to 3k
after going from less than 3k to 20k (new ath)
you are a braindead moron

>> No.27482658

>>27481867
Imagine thinking it's a meme....
You 100% fall into the sub 80IQ category if you do. Stay poor!

>> No.27482816
File: 45 KB, 800x450, 1513939493170.jpg [View same] [iqdb] [saucenao] [google]
27482816

>>27481687

>> No.27483086
File: 210 KB, 800x536, lol.png [View same] [iqdb] [saucenao] [google]
27483086

>>27482644

>> No.27484034

>>27481867
>Imagine not understanding institutions buying is a bearish sign
>>27483086
>"return to normal"
You have to make up your mind. Are you angry or just a no coiner missing the pumps?

>> No.27484239

>>27482220
The equalibrium was $6k before it halved.

>> No.27484715
File: 267 KB, 420x420, p4.png [View same] [iqdb] [saucenao] [google]
27484715

>>27477651
The absolute state of Bitcoin shills. Do you honestly believe that despite the fact that it literally already did?

>> No.27484956

>>27477541
i agree with this prediction, the bitcoin market cycles in a semi predictable pattern. fractal in that the largest scale mirrors the smallest scale and everything in between. there was a parabolic exponential gain in 2013? 2017? and the recent one. 4 year buildup, then a 2 year buildup. i can only imagine the cycle will keep accelerating until it reaches stability?

>> No.27485022
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27485022

>>27481867
100% correct. These crypto babbies have no clue about anything. They just regurgitate what they hear on twitter and leddit. Muh institutions, give me a break. When you see anons using the institutions argument, you know they're new.

For anyone who wants to educate himself, a good start is here: https://video-ideas.tradingview.com/6/64414-QN6uc4W-hSU427vc.mp4

>> No.27485252

>>27479949
But people who bought the top in 2017 would be ahead today if they just held.

I see bitcoin as a long term thing. Maybe in 6 months it'll be 20K or whatever, but in ten years it will dwarf the current ATH.

>> No.27485599

>>27485022
>They just regurgitate what they hear on twitter and leddit.
As opposed to stockfags? Fuck off.

>> No.27485698

>>27478548
Bitcoin will never dip again

>> No.27485710

I'm surprised people are in a complete denial that bitcoin won't fall down like it did several times in the past (sans march 2020).

If there's one theory that still holds up, each halvening moves the lows and highs upward.

Be careful buying at the moment unless you are sure you can comfortably hold it for the next 2-3 years if the price does fall drastically.

>> No.27485767

well, i just read an article on MSNBC that quoted a guy who said BTC will be $318k EOY. so, your chart is insulting.

>> No.27485785

>he doesn't know about the halving

>> No.27485897

>>27477541
>using a black swan event to predict how much it will dump
anon... you are retarded

>> No.27486000

more like $1.1mil now that normies are waking up to the fact that the stock market is a complete Jewish scam

>> No.27486215

>>27483086
the eternal bear

>> No.27486345

>>27477541
>what is s2f
>what is bullrun pattern of the last decade

Holy fuck at this newfaggotry of /biz/ over the last days

>> No.27486406

Bitcoin has kept the 30k range despite the biggest dump in years from miners and dxy is pumping.
What do you think happens when dxy drops?
Keep buying meme reddit stocks at ath

>> No.27486664

like even if the specific factors of whatever bullshit is happening now actually push people into bitcoin, driving the price up and up and up until next year. there would still have to be a drop. and breaking the pattern like that i would wager the drop would be so devastating as to kill bitcoin.

>> No.27486786
File: 172 KB, 574x460, Bitcoin.png [View same] [iqdb] [saucenao] [google]
27486786

>>27478904
Pic related.

>> No.27489009

>>27481687
after two weeks the mining difficulty goes up so your mining becomes BEARly profitable

>> No.27489289
File: 247 KB, 860x840, 1583537366987.png [View same] [iqdb] [saucenao] [google]
27489289

>>27485252
>But people who bought the top in 2017 would be ahead today if they just held.I see bitcoin as a long term thing.

Long term it's only going up. But your kind of post is C O P E from people who bought very high and can't admit to themselves they bought at a shitty moment, and try to escape from the fact they'll have to wait a long time for the price to go up past their entry price. Those who bought the top in 2017 and fell for the "just hodl" meme had to wait 3 years. 3 fucking years. And they fucked themselves over. They could have sold in early 2018 at say $17k and then bought in at $6k or even $3k. They'd have MUCH more satoshis now. Buying high and just holding works, but it's fucking stupid and a form of self-sabotage.