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/biz/ - Business & Finance

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30414130 No.30414130 [Reply] [Original]

So at no point in the cycle should we ever see a 30-40% retracement?

>> No.30414178

Are you retarded? We've had 2 of those already.

>> No.30414201

not this one, the crash should start in december and continue for the following years

>> No.30414262

>>30414130
we just did do you have the attention span of a goldfish?

>> No.30414352

>>30414178
>>30414178
We've had a 25% retrace and a 22% retrace, retard.

>> No.30414477

>>30414201
No Santa Klaus rally this year, huh? Bummer.

>> No.30414641

Tesla and Microstrategy stocks are down roughly 50% from their all time high last Febuary.

Based on that, I would not rely on these institutional investments to hold the BTC price high forever.

>> No.30414938

>>30414352
42k to 29k isn't 25%

>> No.30414990
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30414990

>>30414938
It's 29 %

>> No.30415049

>>30414938
It only went to 42k and 29k if you count wicks.

>> No.30415285

>>30414990
It's around 31%
>>30415049
I was expecting bitcoin to go down more right now, but it looks like the correction is over.

>> No.30415525
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30415525

>>30414641
When an "institution" buys Bitcoin they are stuck needing to buy more in order to not look like retards, they keep doubling down, then the bubble collapses. "Institutions buying Bitcoin" = conmen speculating.
Both Microdicktegy and Tesla are fucked.

>> No.30415998

>>30414201
That would make me rich