ChrisTop33
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- Sep 30, 2017
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Hi everyone, from what I understand, recession is coming and it will affect the crypto world, now that bitcoin is reaching 50k I think pullback is next move and it’s imminent. Thought?
Recession
- Thread starter ChrisTop33
- Start date
DavidG1510
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- Jun 28, 2023
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No body can really know. we are all small players. Peons...
ChrisTop33
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- Sep 30, 2017
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I’ve been seeing a lot of people talking recently that recession is gonna hit the crypto market but who knows?
MrInfamous
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- Feb 11, 2024
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Europe is already in a recession for some time and US has some problems as well but both seem to be very fundamentally stable and any one big event knocking it down is extremely unlikely (it has survived a global pandemic and war in ukraine afterall). In my opinion its just good for clickbait and juicy headlines, Ive heard people saying that recession is coming in the past 5 year about every week lol. In theory a global recession could boost crypto if it shook up trust in fiat currencies (euro, dollar) because bitcoin can be seen as disconnected from these and a viable alternative for the people buying it.
Also be very carefull with crypto predictions as it is an extremally volatile asset and unless you are Elon Musk and can tweet to bring the price down or up its always a speculation.
Also be very carefull with crypto predictions as it is an extremally volatile asset and unless you are Elon Musk and can tweet to bring the price down or up its always a speculation.
ChrisTop33
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- Sep 30, 2017
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So have the prices decreased in europe?
alurosu
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- Jun 16, 2020
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We already are in a recession. It started 1-2 years ago. Just look at how many people were fired last year. From what I can tell the recession is almost over
ChrisTop33
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recession lowers the rel estate prices, cars, etc, seems like the prices are inflated actually
- Jun 23, 2015
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In india
Tata also reduce price for ev!
Hoboninja
Regular Member
- Sep 25, 2020
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buying low and selling high is the name of the game , so if things are high right now maybe don’t buy…..
People are still holding btc bags from 3 years ago and most likely will not see a break even price on the current trend , buy in at 18-21k not 50k if you don’t wanna be miserable .
Start your own pump and dump scam instead, way more profitable.
People are still holding btc bags from 3 years ago and most likely will not see a break even price on the current trend , buy in at 18-21k not 50k if you don’t wanna be miserable .
Start your own pump and dump scam instead, way more profitable.
ChrisTop33
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- Sep 30, 2017
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how are we in recession but the prices are still high? is there any expert here who can explain it, i’ve studied economy and my understanding for recession is not what you guys thinking
ChrisTop33
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- Sep 30, 2017
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i think 50000 is the top or a little higher
- Jun 23, 2015
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technical analysis shows touching it to 60k
Even if it goes above 60k
There will be strong resistance at 60k
ChrisTop33
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- Sep 30, 2017
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what did you use? i used fibonacci
- Nov 15, 2022
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Recession where? This is a global forum, if your country is going into recession that doesn't mean the whole world is going to collapse.
Anyway, nobody knows anything here, the predictions for that time were that BTC would fall to $35k and continue there until the halving...the reality is being much more positive than the predictions so far...let's just wait and see.
Anyway, nobody knows anything here, the predictions for that time were that BTC would fall to $35k and continue there until the halving...the reality is being much more positive than the predictions so far...let's just wait and see.
Hertz1
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- Dec 25, 2023
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With the high inflation BTC is THE safehaven, gold’s growth doesn’t even cover the rise of inflation anymore. I feel like when shit really starts hitting the van a lot of people will realize decentralized currency that no government or entity can debas is the only solution.
Money printer goes brrrrrrrrrrrrrrrrr..
Money printer goes brrrrrrrrrrrrrrrrr..
ChrisTop33
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- Sep 30, 2017
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I agree with you
Seo Captain
Elite Member
- Jun 16, 2022
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It is coming from 3 years, no one can tell when it will come exactly. If I had invested my money in just stocks 3 years before, my money would have become doubled.
Who told you recession is coming ? Market and economy is not behaving that way.