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Thread 60791172

20 posts 14 images 18 unique posters /biz/
Anonymous (ID: Obpjfmb1) No.60791172 >>60791215 >>60791234 >>60791395 >>60792054 >>60794227
>BTC CRASHES to just 119k!!!
Anonymous (ID: MBCs8oyc) No.60791191 >>60791224
tommorw:
>BTC CRASHES TO JUST 85K!!!!
pic related
Anonymous (ID: APJe6Q/Y) No.60791215
>>60791172 (OP)
Anonymous (ID: APJe6Q/Y) No.60791224 >>60794227
>>60791191
>BTC goes on sale
Anonymous (ID: pYfTmKCP) No.60791234
>>60791172 (OP)
I bought at 120k
Anonymous (ID: ltB+qrCH) No.60791289 >>60791312 >>60791509 >>60791525
>bad inflation data
>ETH and BTC instantly dump
Why is cryptocurrency negatively correlated with inflation? It doesn't make sense.
Anonymous (ID: FWDJBlZJ) No.60791309
>burgers wake up
>btc starts dumping
Anonymous (ID: TrtuaFKH) No.60791312 >>60791531
>>60791289
Yeah, shouldn't inflation cause crypto to go up? Are people legitimately retarded?
Anonymous (ID: sZbyCDCR) No.60791395
>>60791172 (OP)
In Btc a crash to 119k might as well be a crash to 30k
Anonymous (ID: r3QUGX8k) No.60791503
118k now. guess you feel pretty dumb for buying at 124k
Anonymous (ID: GNqOa9Iz) No.60791509 >>60791525
>>60791289
Inflation -> central banks don't print -> less liquidity -> risk assets do worse. Crypto is a risk asset, obviously.
Anonymous (ID: lh2Xgap2) No.60791525 >>60791708 >>60792591
>>60791289
>>60791509
Inflation, printing, interest rates, ... were completely irrelevant to crypto price action before covid.
It's just mass conditioning.
Anonymous (ID: yxELSu3i) No.60791531
>>60791312
Financial markets are forward looking. Inflation was already priced in. And now the central banks reaction to the inflation is being priced in
Anonymous (ID: IdTN1D89) No.60791708 >>60792079
>>60791525
Yeah this is maddening. We pump and then people start screeching MUH CME GAP, MUH INFLATION, MUH PPI.

Not a sole knew what any of these things were last run. So fucking gay what this space has become.
Anonymous (ID: MWuc46mk) No.60792054
>>60791172 (OP)
The whales are just trying to make this a little more fun, like for the third time
at this point I'm even starting to take some based pepe just because this isn't even risky anymore
Anonymous (ID: 20ar/4NC) No.60792079
>>60791708
GOOD MORNING SAAR
Anonymous (ID: f8Nrbrh0) No.60792107 >>60792602
What price do I slurp up?
Anonymous (ID: APJe6Q/Y) No.60792591
>>60791525
Because it didn't take as much capital to increase the price, so all the early adopters could easily drive the price up with their risky investments. Now, all that money is used up, or exiting the space.
The only way up now is institutional money and normies, which will behave differently. IE they wont yolo
Anonymous (ID: w1bsV23N) No.60792602
>>60792107
now or whenever faggot. you completely misunderstood the point of OP
Anonymous (ID: Yc4dgxpO) No.60794227
>>60791172 (OP)
The amount of people that seem unable to understand that BTC has major institutional support now, for better or worse. I doubt we'll ever see anything below 80k, ever again. Instead of flipping Son and other memecoins for fun and profit, bobos will sit back and wait for a black swan that won't arrive because BTC is simply not what it used to be merely four years ago... Can't help but feel a little bad for them.
>>60791224
Also, this. Pretty much.