I’m getting nervous... if it doesn’t pick back up we are headed back to low 3000s
Volume keeps dropping
Camden Gray
Jordan Lewis
Can't fucking wait
Nathan Ramirez
it's dropping because no one wants to sell at this price, and greedy bulls are setting their bids too low. they won't get filled and will have to chase the price upwards, give it a couple of days
Hunter Edwards
Unironically this
Oliver Green
It’s Sunday.
Joshua Cook
Oh the hash war is over And Craig isn't selling anymore bitcoins So there's no reason for it to drop
Oliver King
You're so full of shit... why try and con people on here? The price could go up or down, it depends who gets more desperate out of the sellers and buyers...
You have greedy bulls and your have wimpy bears, in this market who knows who will give out first.
Tyler Lewis
it will come soon
Ethan Adams
bears are too strong. only big news can reverse the trend. 6k didn't hold, expect 2k.
just forget about the market for 3 months.
Gabriel Walker
>greedy bulls
>implying 4k is low
>being this new
we are going to at least 2400 mate. possibly 1300. nothing you can do about it
Jonathan Hall
>what is mining
Miners are running on razor thin profit margins, they dump everything.
Samuel Collins
>if it doesn’t pick back up we are headed back to low 3000s
800s
Carter Richardson
I've been waiting for one large dump, but I now think it will be a series of mini dumps coming that will continually drop the price over a few days.
Isaac Flores
It's sunday. I'd say we have a 50/50 chance of breaking either way sometime this week.
Jacob Perry
Here's hoping it dips enough where I can buy. Being a wagecuck is shit.
Parker Williams
miners only mint 1800 coins a day. you would need at least 10k coins to dump this below $4k and 50k+ to get it below $3500. they're out of ammunition, the path of least resistance is upwards at this point
ok mate, you wait til then like everyone else. i'm positioned according to my beliefs
Aaron Clark
pic related
Ethan Davis
that was last weekend. give it a month and the received wisdom will be about the capitulation of that day marking the bottom of the bear market
Ryder Hernandez
volume is how alts die. bitcoin/ethereum keep surviving because they are effectively timeless, while every other alt has its hype, and then fades away as newer alts steal all their users and speculators.
Lucas Hughes
Is that the number of short positions or the number of btc in short positions?
Juan Wilson
BTCs
Adam Hughes
Not XRP
Oliver Lee
Volume always plummets on the weekend? Is this your first week trading or something? Also, it's almost certain we will re-test $3,500. The question is whether we can hold it or not.
Dominic Rodriguez
> he doesnt know about the mt.gox
Colton Gutierrez
>miners only mint 1800 coins a day
>only 1800
That's $7.3M at current prices. Seems like a small number, but $2.7B yearly isn't. That money has to come from buyers.
Logan Martinez
what happens next?
Kevin Roberts
the number of longs and shorts is always equal on bitmex...
Andrew Turner
Bitmex suddenly stops loading correctly and they use their bots to spike the price wildly so you get liquidated. Stop using this scam site and move to Derebit.
David Baker
Altcoin volumes have all fallen off a cliff the past 48 hours as well. Feels like the calm before the storm.
Caleb Collins
Let the brainlet have a dream.
Joshua Butler
Yeah, the yearly inflation rate is almost 4% right now. Still pretty high.
Isaac Jenkins
Low volume + low price = bullish... Although I don't think at 4,000 we fall in the "low price category". Maybe at $3,200-$3,500
Adam Gomez
Bump to annouce it keeps dropping.
the last time there was low volume and """""low price""""" we went from 6,5 to 3,5 in a week lmao.
Sebastian Johnson
Charles Adams
yes 5 billion 24 hour volume is so low
how will we ever recover
Zachary Campbell
PULL UP PULL UP PULL UP
RETARD RETARD RETARD
Carter Martin
Well, daily close is in 15 minutes. So something is damn sure to happen either way.
Brayden Morales
Yeah but we were in a descending triangle the whole time when 60% of the time that means a break down to the downside.
Adam Smith
Cooper Ortiz
lol delusional
Blake Flores
>they won't get filled and will have to chase the price upwards
dude this shit isn't going back up again
Daniel Richardson
this is nerve racking
Nathaniel Collins
Jordan Bennett
bingo
Camden Jones
Asher Campbell
I'm unironically interested to know what you hold.