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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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10480199 No.10480199 [Reply] [Original]

Uhhh goys what's going on with BTC? If you look at CMC and the marketcap, its just going sideways. Is this the beginning of a new slow uptrend? Have we finally bottomed and stabled out?

>> No.10480221

where did you get that pepe?

>> No.10480264

>>10480199
BTC already priced in for cboe etf, now dropping as sentiment shifts to possibility of rejection dump -- plus look at TA with literally any indicator 1-2 week target is 7000-7500 after 8200-8500 hangout

>> No.10480313

>>10480199
$1500 soon

Get used to it

>> No.10480362

>>10480199
>>10480264

This summer's bear market flattened alts but now that we've found some footing we might see alts reinvigorate the market. Tech doesn't sleep and people love new opportunities. I wouldn't be surprised to see a very slow but resilient climb past 9k. If we break 10k, we'll probably go parabolic and a new epoch will begin. Either way, we're still looking healthy.

>> No.10480388

Remember the last time BTC went sideways for a long time at $8200/$8300? November 2017.

>> No.10480396

>>10480221
i got it from OP wbu?

>> No.10480401

>>10480388
It was a bull market. Day and night

>> No.10480410

>>10480362
EOY golden bull, wouldn't be surprised for 15-20k levels

But for now, expecting pullback after hanging at 8200-8500 desu

>>10480388
ok kiddo

>> No.10480426

>>10480401
BTC never went sideways at $8200 in April's bear market. It fluctuated greatly up and down around $8200 before going up to $9k range. This sideways action at $8200 just confirms we are in a bullrun. You are either a FUDDER or you are a nocoiner or someone who will FOMO at $11k. Everyone in the know knows this is a bullrun.

>> No.10480437

>>10480388
and then 17k 14days later

>> No.10480457

>>10480410
>ok kiddo
>doesn't refute with contrary evidence
Ok kiddo

>> No.10480462

>>10480426
Reality so warped. Much of recent price action is from possible confirmation of cboe btc etf. Next move will depend heavily upon aug 16th decision, and until then my target is 7500. We'll see, gl

>> No.10480541
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10480541

>>10480457
BTC has moved sideways before at some point in the past and had a bearish breakout.

> pretending this is an argument

> refute with contrary evidence sir pls

The absolute state of /biz/

>> No.10480595
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10480595

>> No.10481143

>>10480541
>BTC has moved sideways before at some point in the past and had a bearish breakout.

Okay quote a time this happened like in this specific case ONLY after Fall 2017 up to present....you can quote from the 2018 bear run if you want-----a week of BTC going sideways after a pump, then another pump and another week of it going sideways....did that happen in the 2018 bear run? No, no it never did. Bear runs pre Fall 2017 do not apply, the market is way too fundamentally different now with some huge players involved that were not involved prior to Fall 2017, so quoting bear runs before that is FUTILE.

>> No.10481231

>>10480388
Ok but when is it going to happen?
Tonight or in a week?

>> No.10481286

>>10481231
It doesn't matter when, what this means is it's not going to drop lower than $7800 until this entire bull cycle ends. We're still very early in a bull cycle.