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/biz/ - Business & Finance

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File: 165 KB, 1792x858, bitcoin-rainbow-chart-Gtfj5jkI0qy_QwAEMn1K2021-02-12_yjEmqDjdgpgW4AISMcEjj_dVrWsAEnWXlINkasMgiopmGkkI8xmrloRxsGgxRpor3ePbTcriiopd2sd.jpg [View same] [iqdb] [saucenao] [google]
28583830 No.28583830 [Reply] [Original]

BTC is now fairly valued.

>> No.28583886

>>28583830
Yeah there's still so much fear on the board, top? top? every second thread

>> No.28584022

>>28583830
if the top get lower on the rainbow each cycle then we have alot of sideways/down if were gonna hit 100k for december
or the cycle ends in june

>> No.28584257
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28584257

>>28583830
jesus we're at the 50% watermark phase already

>> No.28585298

>>28584257
Were about to find the floor for next years bear market

>> No.28585392

>>28583830
>>28584257
This trololo chart has been fucked in april, the monetary expansion changed everything add 50% to everything up to compensate for that.

>> No.28585673

>>28585392
Reasonable
I sure as hell won't be buying back IN at those red zones, though.