/biz/ - Business & Finance

[Anonymous No.52724342]

BTC will exit pump to 19k for the rest of 2022 before the next big leg down to ~ 8k-12k.

Stay safe out there bobros. Many of you will get wicked out.

[Anonymous No.52724357]

>>52724342
Cope Bobo.
Bitcoin already bottomed.
Nowhere to go but up from here.

[Anonymous No.52724520]

>>52724357
>Bitcoin already bottomed.
For 2022, yes. I think we will see upside for a few more months, but we will ultimately make new lows in 2023 which is expected to be an awful financial year. Inflation isn't even remotely close to being bottomed out.

I don't need talking heads on TV to understand this either. Food is still up 2x, construction materials up 3x, gas up 2.5x, housing up 3x, etc... They can lie and claim inflation is 6%, 9%, 12%, whatever. Anyone with 2 brain cells to rub together can just walk to the store and see the +250% markup on literally every available item.

We either see more market dumping, or we accept a Weimar republic economy that degenerately spirals until critical mass is hit

[Anonymous No.52724534]

If Bitcoin goes to $19k then $15k is cemented as the bottom. I'm also looking at $19k range

[Anonymous No.52724591]

>>52724342
19k is fucking ridiculous. I don't know where you're getting that from.
18k is the absolute highest it could go and I don't even think that's possible since the previous cock-hard support at 17.6k has flipped to resistance.
I'll go with exit pump to 17.8k before the crash. That realistically accounts for the reliability of the 50D ema.

[Anonymous No.52724626]

[Anonymous No.52724662]

>>52724342
Dump starts tomorrow

[Anonymous No.52724664]

>BTC in falling channel which is a bullish structure in 1h time frame
>the top of the channel is 19500 area
>when it breaks the channel the measured move target is 25000
>retarded faggot logs in to the internet to come to a dead board to say retarded shit

kill yourself oxygen thief

[Anonymous No.52724686]

>>52724591
19k is golden pocket retrace range from the waterfall dump after the FTX shit. It could of course just flag and dump again, anything is possible, but if you examine any of the previous legs down, the price tends to reach back up to grab some liquidity between 50-65% retrace before making continuation dumps.
>>52724626
based
>>52724664
Post the channel.

[Anonymous No.52724693]

>>52724664
>>BTC in falling channel which is a bullish structure in 1h time frame
did you mean a rising channel?

[Anonymous No.52724696]

>>52724626
you retards think you're smart but you are the same as redditors, youtubers, normies and boomers. you are 1000 times worse than them because at least they don't have the illusion of being smart while saying the same thing you are saying.

traditional markets will collapse. it is by design. they must collapse so the kikes can start the 4th industrial revolution (smart cities, 5G networks, robots, self-driving cars, IoT etc) how the fuck do you think those things work retard? They work with crypto. it was the plan all along. once they crash the traditional markets in order to lure normies into the new financial system they need to make it look profitable to lure in as much as people before making it stable. and retards like you are going to miss the golden bull run. you will never make it.

[Anonymous No.52724706]

Notice how bobo only posts when it starts to go down a little. Almost like he has no clue.

[Anonymous No.52724707]

>>52724686
>>52724693

>these are the people giving financial advice on /biz/

[Anonymous No.52724708]

>>52724342
Heck no
I'm gonna borrow the fuck out of BTC as soon as we start approaching 20k
I'm gonna borrow so much of it that if it goes the other direction it'll bankrupt me
I am certain that I can borrow 5 BTC and make $50k just like that at the very least. Id love to do 10 but I doubt they'll let me

[Anonymous No.52724735]

>>52724706
kek

[Anonymous No.52724748]

>>52724707
looks solid

[Anonymous No.52724768]

>>52724707
>Claims a 1hr channel
>Posts a 4hr chart
>Only 2 touches on top of "channel", not enough confirmation for any respectable trader

Losing traders such as yourself are actually important for the market. Thank you for your terrible analysis, taking profits would be impossible if retail Randy like (you) providing constant liquidity via your losses for smart money.

[Anonymous No.52724781]

>>52724768
Oh and pic rel was of course all of you smooth brain faggots nutting in your tighty whities about the "breakout" that occurred before the last waterfall leg down

[Anonymous No.52724782]

>>52724768
>low IQ subhuman has a pattern recognition problem

more news at 11. short BTC. a fool and his money are soon parted.

[Anonymous No.52724831]

>>52724782
>short BTC
>Jeet didn't even read the OP and is too stupid to see that I'm short term bullish

top jej, mumus are something else. You tell them you're bullish, but unless you call out $250k targets or something they hate you

[Anonymous No.52724832]

>>52724696
>They work with crypto

And tell me anon, which one? None of what you niggers trade here.

[Anonymous No.52724833]

>>52724781
that only happened because of FTX though.

[Anonymous No.52724861]

>>52724831
fucking idiot lol. the exact point you are going to short is the exact moment btc will moon at 19500 when it breaks out of 19500. kill yourself.

[Anonymous No.52724870]

>>52724832
>he thinks something will replace BTC
you dumb niggers will never make it

[Anonymous No.52724896]

>>52724833
Price was only staying propped up because of FTX. Without the exchanges wash trading, we would have bottomed months ago.

[Anonymous No.52724907]

>>52724861
so if I'm looking right then breakout maybe in the last 2 weeks of December?

[Anonymous No.52724930]

>>52724896

[Anonymous No.52724931]

>>52724696
>self driving cars need crypto
what

[Anonymous No.52724944]

>>52724931
>you will own nothing and you will be happy

you were living under a rock? no one will be able to own a car as their property. all cars are public and you have to pay with crypto to use them.

[Anonymous No.52724958]

>>52724861
>going to short
Nice strawman. If BTC pumps above 20k and holds, then it will have reclaimed a previous price floor, and would signal a full blown trend reversal. Yeah, that's not happening. But go ahead and fight the trend if you want, nobody cares. How emotional you are about this makes nobody take you seriously btw.

[Anonymous No.52724966]

>>52724958
>stupid nigger has zero knowledge of trading patterns

yawwwwwnnnnnnn

[Anonymous No.52724967]

>>52724944
so you think they're going to start with a crypto you own?
If they pivot to crypto, they're going to make their own crypto, that you don't own

nigger

[Anonymous No.52724968]

Im starting to belive in bobos and take their shit seriously

[Anonymous No.52724983]

>>52724967
>so you think they're going to start with a crypto you own?

no idiot. everything will be banned except BTC. you retards are just too low IQ to understand this stuff.

[Anonymous No.52724987]

>>52724968
don't

[Anonymous No.52724997]

>>52724983
you're literally a nigger

[Anonymous No.52725001]

>>52724983
ok now you sound like a fucking retard, kek. get the fuck outta here.

[Anonymous No.52725006]

>>52724983
Sure rabbi.

((They)) will have their own crypto and perpetrate the same fraud as fiat. They'll still own the printers.
Digital Fiat Scam.

BTC will and is the new boomer rock the way I see it and that's IT.

[Anonymous No.52725015]

>>52724968
Based

[Anonymous No.52725023]

>>52725001
you were calling me schizo when i said covid is fake in 2019 too normie. lol dumb nigger you are on the same level of IQ as OP.

>>52725006
>low IQ subhuman doesn't understand jews created tether to control the crypto markets indirectly and they don't need to create a separate crypto to do that

lmao!

[Anonymous No.52725024]

>>52724967
I just realized I missed his comment >>52724696

It is truly amazing that retards out there think that BTC will survive a legacy market collapse. This is after the cat being out of the bag that btc only ever hit 69k because CEXs were mega leveraging the entire market up on a house made out of margin, and crypto provably not being a hedge against inflation.

[Anonymous No.52725054]

nothing is funnier than a dumb person thinking they are smart by spouting retarded shit they don't understand

>btc only ever hit 69k because CEXs were mega leveraging the entire market

was that the same reason BTC went from zero to 17000 dollars in the previous cycle retarded nigger? and the cycle before that? LMAO! dumb retarded at least you make me laugh.

[Anonymous No.52725073]

>>52724983
How bad is your brain to know that everything works to complement each other in some way, even payment gateways, which may likely emerge as BTC gains more acceptance? You're the most retarded piece of sh*t I've seen today. Fuck off.

[Anonymous No.52725078]

we poomp now

[Anonymous No.52725095]

>>52725073
>another low IQ subhuman

[Anonymous No.52725199]

>>52725095
Why do I have a feeling that you should go to a drug rehabilitation center? They can't ban everything boboso. We have gone too far to be stopped, Mr Satoshi. If BTC exists, there must be CEX, a lightning network, a synthetic token, and a whole lot more, including payment solution that may disrupt other means.

[Anonymous No.52726626]

>>52725199
Speaking of payment solution, Coti has good potential to spear head.

[Anonymous No.52726674]

>>52726626
Giving credit at this point is off the hook. There is no doubt they are working. There are other good options like FUSE, XPRESS, and a few others that are constantly innovating. So, stop acting like a pleb.

[Anonymous No.52727185]

>>52724342
Leveraging on some low caps like ORE, MDX, TOWER for possible good gains when the market recovers.

[Anonymous No.52727308]

>>52726626
Still trying to figure out that is going to work if an average can't manage their decentralized identities without an open source identity protocol.

[Anonymous No.52727337]

>>52724896
FTX or not, we'll probably see defi influencing the market more than ever only that it has to be easier to use by normies

[Anonymous No.52727947]

>>52727308
You actually have a point there. I keep wondering why Anon said so. Well, there are many of them that seem fit to welcome many merchants.

[Anonymous No.52727962]

Why would BTC dump to 8-12k? There's literally no reason for it to do so. It literally took the second largest exchange going bankrupt to dump BTC 25% from 21k to 15k. what the hell kind of insane event would cause it to dump to 8-12k?

[Anonymous No.52728003]

>>52727962
bitcoin has no value it's a net negative utility
federal reserve will issue digital USD and ban it.

There's a reason btc is only referred to in values of fiat currency. It is useless for anyone not a drug dealer, terrorist, or tax evader.

[Anonymous No.52728016]

>>52727962
The first largest exchange?

[Anonymous No.52728023]

>>52727962
I think OP might be right. I am seeing increasingly negative news in the mainstream press on crypto. I think they are going to keep pushing down until negative news has no effect anymore.

They are rolling out 5G and cranking it up to cause Covid/flu like symptoms over the past few weeks. They just want to wear everyone down, keep pushing down until they cannot anymore.

Bulls keep attacking and breaching $17k, but there is just not a lot of energy there. If it does reach $19k, I just don't think there is enough buy side pressure to breach $20k and hold.


I could see it crabbing from $12K to $15K through 6 months in 2023. Then after that it might be to the point when it will be so suppressed that it could even rally on negative news.

[Anonymous No.52728065]

>>52724520
>Inflation isn't even remotely close to being bottomed out

I read that to mean that with all the money printing that happened over the last 4 years we are destined to see further rises in consumer prices. I agree. Only when that freshly printed currency is circulating in the consumer economy will se see consumer prices start to stabilize.

We haven't gone through such a strong inflationary cycle since the era of the Internet and e-commerce began. It might be that, consumer inflation expectations could drive the velocity of money to very high levels never seen before.

I personally thought crypto would function more as an inflation hedge. Was I the only one that fell for that meme?

[Anonymous No.52728101]

>>52728065
About your pic - why is it that it is always so important to religious people that others believe as they do? Is it because they know deep inside that it's bullshit, but if everyone is convinced it feels better?

[Anonymous No.52728136]

>>52728101
The pics are not really related to my argument. I like to post related images on a thread to make it easier for readers to find all my post. Some people find the colored IDs to be annoying.

I think with organized religion, there is an element of survival of the fittest. Those religions that didn't try to convert people, just died out over time. But some people really don't care if you believe the same as they do. I went to the Dalai Lama's birthday party one year and he made a point at that time to say "we don't need more Buddhists"

[Anonymous No.52728155]

>>52724342
This is a bobo coping post. In a larger scale, we're in 1982, where everyone thought shit was gonna hit the fan seriously, but it never happened.

[Anonymous No.52728165]

>>52728003
This is just nocoiner bullshit and doesn't explain shit about why btc price would dump to these levels

[Anonymous No.52729508]

>>52724520
A year ago high inflation was a bull statement now its bearish how low did we sink?
Weimar had exploding asset prices during the Inflation.

[Anonymous No.52729563]

>>52724930
Bankman suppressed btc by selling it, how does that cause the second top?

[Anonymous No.52729578]

>>52724696
>They work with crypto