new ATH, guys
the next few hours are UNIRONICALLY LITERALLY CRUCIAL FOR BITCON
New ATH, guys
Adrian Brooks
Robert Davis
posting this here is in vain
Jow Forumstards have no idea what this means
im long with 30% of my networth waiting for the epic squeeze
Mason Perry
Ath right in the middle of an inverse Bart with the Fear level at 5 (ATL)
Sebastian King
why hours I NEED MORE TIME TO BUY
Tyler Nguyen
lmao
Logan Kelly
guys wtf
why are you so fiucking bullish? looks like it's time to short
Benjamin Nelson
when shorting becomes the new paradigm a squeeze is not far away.
Evan Barnes
what exactly does this chart represent? fucking kike.
Thomas Hughes
Number of open short positions on Bitfinex, they will ge wrecked since the broker needs to pay them at some point if they are not liquidated.
David Price
i looking at it too
Robert Watson
Nothing will happen except the shorts will get liquidated on that one exchange. The other exchanges will laugh and continue selling at $3k.
Don't you know the exchange can see your liquidation price? It's all calculated in so that the exchange doesn't go bankrupt. There are failsafes in place to pump or dump the price to make sure you are liquidated.
Adrian Clark
>shorting the bottom
never learn, Jow Forums, never learn
Camden Gonzalez
Look at the Aug/Sept charts where this exact same thing occurred. What did the price do? Nothing. Everything went sideways.
Joseph Jones
>the bottom
Oh sweet summer child, we're heading to 2.5k
Jonathan Stewart
What is this? Reverse RSI?
Tyler Bailey
Bots for same accounts work on most big exchanges simultaneously. If a cascading shortsqueeze is triggered on Bitfinex it will trigger sell-orders across the board.
Jack Martin
Ofcourse I ment it will trigger closing shorts
Elijah Campbell
well 1.5k is more likely to be a flash bottom as things look now. if it goes to 2.5k it won't stop there. there is a slight chance that we bottomed out and turn around getting slimmer each passing hour. even if it turns back from here it's more likely than not to get utterly fucked next year. 2020 is the next halving if price doesn't stabilize and start ramping up by then it's game over.
Brody Jackson
you don't close shorts by selling you have to buy.
Brody Cox
I know =)
Point is that it will not be isolated
Jason Morgan
but Willy said exit by today