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

/biz/ - Business & Finance

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49876738 No.49876738 [Reply] [Original]

>bitcoin is crabbing around $20k
Is this the new normal?

>> No.49876790

>>49876738
Hopefully, I wanna accumulate

>> No.49876811

this is the new 30k crab. soon 15k crab

>> No.49876862

Crab for a couple of months between 18-24k before we get the final capitulation wick down to anywhere between 8-14k in september-october. Then crab down there for two years while normgroids lose interest as they're more focused on keeping their jobs and affording rent, gas and food in a recession

>> No.49876871

>>49876811
I thought it was mathematically impossible to go that low. Something about supply and demand drives the price up enough to keep it higher.

>> No.49876911

>>49876862
Yah but won't people buy in for gains when it comes back up?

>> No.49876923

>>49876871
it is bullfags are falseflagging as bobofags. The bottom is 20k

>> No.49876924

>>49876862
The witch already performed her blood ritual for price prediction; the 28th we moon.

>> No.49876931

>>49876911
High inflation + recession means people will prioritize not starving to death and being able to afford gas to get to their job so they don't end up losing it instead of gambling on magic internet money

>> No.49876936

i missed the 17k. can we go back?

>> No.49876939

>>49876738
No it will go down more

>> No.49876959

>>49876931
2025 will be insane

>> No.49876963

>>49876936
Youll be able to buy for 1k soon lol why now, it will be fun as fuck to watch.

>> No.49877043

>>49876963
keep falseflagging

>> No.49877087

>>49876738
I told you guys it would crab. The fed has left things hanging right now. If you want to make money literally just sell now and swing around the $20k mark.

>> No.49877141

>>49876738
It will stay there for around 2 years.

>> No.49877220
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49877220

>>49876738
Dogcoins are violently mooning. You have less than one week to sell maybe a day.

>> No.49877302

Shib back to 12 (ath 88) is hardly what I'd call "mooning".

>> No.49877371

Traditional markets still have a lot of correction left. Maybe some day the maxis will admit that btc is directly correlated. 14k btc is looking realistic.

>> No.49877387

>>49877302
It is in this relief rally especially after everythings pumped

>> No.49878863

>>49876738
> historical price action on weekend. Traders and analysts still in awe
> Its tuesday
> retail: WHY DOES THIS CRAP FOR EVAAA

you deserve everything you get

>> No.49878881

>>49876738
Yes.
Disclaimer: Line can also go up or down

>> No.49881823
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49881823

>>49876738
Maybe we are gaining some stability back in the market but I believe it's just for the short term, the gains I have enjoyed so far on CEL, RFOX, and SNX make me want us to stay in this zone a bit longer.