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/biz/ - Business & Finance

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49791841 No.49791841 [Reply] [Original]

In 2018, Bitcoin began its crash from 20000 to 3500. In 2021, the top was 70000. Therefore, 12280 is the absolute bottom.

>> No.49791928

Sounds about right, I'd imagine it will come in August before the fed has to reverse course and start pumping the market before midterms.

>> No.49792012

>>49791928
lol fed is not reversing course

>> No.49792019

>>49791928
At this dump rate, we’ll be there by Tuesday

>> No.49792093
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49792093

>>49791841
but in 2018 the central banks were flooding the markets with cheap liquidity
this is a whole new ballgame now. the old rules no longer apply

>> No.49792114
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49792114

>>49791841
Probably something like that.

>> No.49792115
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49792115

>>49791841
The bottom is 7k if we are to return to the mean (pre-covid level markets) and we ARE going to get back to those levels. Then, we'll go further, because we are in a recession. Once the environment has gotten dire, value investing will make or break the winner.

Bitcoin will make it and maybe Algorand because CBDCs. Every other project is going to go to hell.

>> No.49792161
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49792161

>>49791928
>pumping the market before midterms
absolute retard, the FED won't save your ass

>> No.49792246

>>49792114
3 years from now i will be rich

>> No.49792360

>>49792115
everyone is waiting for those levels tho. They won’t let everyone win. Btc either dies or we stay at that level for years long enough for ppl not to care anymore. No next halvening bull, nothing for 5 years

>> No.49792446

>>49791928
Way too late fed has to make sure the price of bread is not 100 dollars

>> No.49792537

I would buy BTC if it reached $100. I won't buy for more.