I am already short on BTC with 20x leverage. Liquidation at 3725.
Tell me how this is bearish
Lucas Long
Cooper Reed
You will be liquidated
Jayden Hernandez
he's gonna make it
Caleb Bennett
fucking low iq post of the day, thanks user
Camden Morgan
Nope. Stay mad permabull. Already made 20k this year shorting king shitcoon.
Julian Price
kek
Matthew Carter
it's even better on the monthly we could still be at "panic"
Owen Cox
OP is a brainlet.
To sustain a parabolic bullmarket - 95% of the supply needs to be in the hands of investment firms, tradingfirms aka big fucking smart money.
Reasoning behind this to control the supply and curb down on competitive selling.
In a 2 way market - sellers and buyers compete with each other.
If you have 1 party controlling majority of the supply, that party (smart money) can control the price.
The bitcoin market isn't organic or natural it's rigged and artifically sustained by the guys behind the scenes, exchanges, hedgefunds, tradingfirms, market makers, mining firms, hardware manufacturers.
There is complete industry build around bitcoin.
If you think this is a free market and that bitcoin has bottomed, you're a fucking brainlet.
William Sanchez
ok. i'll just keep buying anyway.
Isaiah Martinez
Buy 1 bitcoin at $3000
or 2 bitcoins at $1500
your choice
Bitcoin are like diamonds,
Diamonds aren't scarce nor practical except for drilling, the supply is tightly controlled giving brainlets the illusion that diamonds are rare and exclusive.
Bitcoin hasn't bottomed - the bearmarket will persist till the moonboys capitulate.
This isn't about Accumulation... it's about curbing down on supply to justify a $200k pricetag for 1 bitcoin.