Is BTC dead cat bouncing or is this a comeback?

[N0stradamus]

Is it finally moving back up? Or is this the final.dead cat bounce before it collapses?

[LethalGunz34]

Dead bounce. Stock market is up big today on no news at all. I want to see the unemployment number tomorrow.

[Destor]

It's definitely either going up or down

[hendrixfreak70]

It's definitely either going up or down

Not an argument.

[ymer]

It's definitely either going up or down

This 100%

[hendrixfreak70]

Buy silver and gold, boyos. It's an asset you can hold bb.

[Softworn]

Every significant influence has made its rug pulls.

The lower end of the trading food chain will pay the most.

It will all happen again, and there will be more people who won't see it coming again.

[Jms89]

Just a pump and dump. Still has about 15,000 dollars left to go.

[PAU1]

PM Sommi for the insider info

[Berts]

Alts think its a dead cat for now, waiting for confirmation

[zknarc]

No one has any idea why these chitcoin prices move the way they do. Anyone who says they do is full of chit. It is just yolo gambling.

[ooph]

No one has any idea why these chitcoins prices move the way they do. Anyone who says they do is full of chit. It is just yolo gambling.

I'm sure there is absolutely no correlation with the stock market here!

[Underwrought]

Really ... who tf knows. But if I had to guess, a bounce. Reason being is once recession is announced, inflation stays or goes higher, and fed raises interest rates again people are going to realize BTC is worthless during real chit. Its something you buy when times are good.

[eightduece]

It will do whatever the mega AI Aladdin wants it do in order to milk every dollar out of the accounts that trade on the network which aren't under AI control.

[ooph]

Really ... who tf knows. But if I had to guess, a bounce. Reason being is once recession is announced, inflation stays or goes higher, and fed raises interest rates again people are going to realize BTC is worthless during real chit. Its something you buy when times are good.

Holy ****.

If anybody is actually paying attention in here, whatever you do, do not listen to this fkn retard.

[frankdtank20]

Dead cat bounce. When recession is officially announced in a few weeks it's going to drop again. It will probably go sub 15K in 2022 before a comeback.

[401Delta]

Bitcorn has been trading with a tight correlation to the nasdaq, and I would expect that to continue for the time being.

Money has already come out of the emerging markets and commodities, and is now looking for somewhere to go, and right now that place is tech.

My guess is we get a short bubble in the Nasdaq & Bitcorn until earnings start reflecting a recession and then another leg down.

If we have an extended global recession you won't have to worry about timing the bottom since it'll probably be there for a while.

[401Delta]

Dead cat bounce. When recession is officially announced in a few weeks it's going to drop again. It will probably go sub 15K in 2022 before a comeback.

They won't have the data to confirm a recession until months from now, and even then they may still have to wait for revisions to previous data.

By the time they announce we're in a recession we may already be coming out of it.

[ooph]

Bitcorn has been trading with a tight correlation to the nasdaq, and I would expect that to continue for the time being.

Money has already come out of the emerging markets and commodities, and is now looking for somewhere to go, and right now that place is tech.

My guess is we get a short bubble in the Nasdaq & Bitcorn until earnings start reflecting a recession and then another leg down.

If we have an extended global recession you won't have to worry about timing the bottom since it'll probably be there for a while.

This is probably most likely scenario. I'm not solid on us getting a short term bubble, we're seeing some ranging right now, but nothing out of ordinary. Seeing a lot of selling on chain atm, people that bought 18/19k range are selling right now, which is bearish. Lets see what happens with commodities/equities tomorrow.

One interesting fact is that coinbase is buying HARD right now. Has to be someone with big big money, probably the saudi's tbh. they started bidding last 2/3 weeks and last few hours been going hard.

[jimmyfett98]

Semi hope its just a bounce because i still need to buy some more!

[luckyboy23]

Dead cat bounce all day. I'm also in crypto FYI.

Price goes up, price goes down. It's trending down. Still though, when everyone's scared and selling... You buy. Next presidential elections is when the next bull run begins. BTC will see 12k and ETH will see 700-800 again.

[headturner1]

PM Sommi for the insider info

Lol that guy hasn’t rage PM’d in a while.

I felt honored that a multimillionaire would take time out of his day to send me unsolicited PMs


Sommi pls

[Better Unborn]

crypto and other luxury investments are not coming back up until recession is over

[Nonsense916]

It's definitely either going up or down

False

[luckyboy23]

crypto and other luxury investments are not coming back up until recession is over

Only issue is "they" won't admit we're in a recession. Now if Trump was still pres. you know it would be plastered anywhere there's video/audio/text... Not to turn it into a political topic.

Point is, we'll never climb out of this "recession" until its called out. We are, 100% in a recession.

[BigDeeps01]

No one here on the misc has become a multi millionaire from crypto

[ooph]

No one here on the misc has become a multi millionaire from crypto

You would be wrong.

[luckyboy23]

No one here on the misc has become a multi millionaire from crypto

Gotta disagree with you there. I was up over 500k in the last two years. Cashed out a mere 200k in profits from crypto... And I'm just a noob with money to invest.

There's definitely some crypto gurus on the misc that have achieved 7 figures from crypto.

[ooph]

Gotta disagree with you there. I was up over 500k in the last two years. Cashed out a mere 200k in profits from crypto... And I'm just a noob with money to invest.

There's definitely some crypto gurus on the misc that have achieved 7 figures from crypto.

I've made well over a mil from crypto. I also started in 2013. If I hadn't traded as much I'd be well well over 15m, I fuicked my self constantly.

There are some miscers on here that made well into 7 figures though and have posted it in the crypto thread.

Hell I made $58k in a week a few months ago, I made $130k in 48 hours within the last year trading.

[jimmyfett98]

I've made well over a mil from crypto. I also started in 2013. If I hadn't traded as much I'd be well well over 15m, I fuicked my self constantly.

There are some miscers on here that made well into 7 figures though and have posted it in the crypto thread.

Hell I made $58k in a week a few months ago, I made $130k in 48 hours within the last year trading.

fuark mirin. wish i had the time to research and read charts and trade, but this study grind makes it impossible