85% of traders hold their funds on Binance, the biggest exchange on earth closed withdraws which means it decreased the supply for Bitcoin by a fuck ton, price magically goes up -> brainlets believe we're in a bullrun.
Let's also not forget that Binance just got hacked for 7000 BTC, Binance pumping the price -> dumping to recover (partially) losses.
And let's also not forget Tether, exchanges (Binance included) are actively decreasing their Tether holdings which means they're using Tether to buy BTC.
Use your brain, does a pump like this scream "organic growth" there's literally no mainstream money getting in BTC right now.
>imagine not reading about whole foods >imagine not reading about Bakkt >imagine not reading about fucking fidelity >imagine not realizing crypto volume is higher now than Jan 2018
You make it sound as if nobody could sell their bitcoin on binance. Newsflash retard. Trading volume is at an ATH on binance
Wyatt Hughes
>thinking a supermarket announcement will pump btc ~ $2400
What do you expect from BRAINLETS, they just parrot hopium that kikes put out to keep the price going
Evan Edwards
So what's happening? Should I convert to tether and cash out when I can withdraw?
Ryan Baker
What
Ayden Bennett
yes
Jeremiah James
Absolutely. Tether is the safest haven atm. Wait it out a couple of months and then reassess.
John Sullivan
Haha this is why I love crypto boomers are scared shitless about it
Nolan Taylor
>85% of traders hold their funds on Binance, the biggest exchange on earth closed withdraws which means it decreased the supply for Bitcoin by a fuck ton, price magically goes up -> brainlets believe we're in a bullrun.
I dunno about that percentage, but when I heard BTC withdraws from Binance were frozen, it logically followed to me that it would cause the price to rise, because people would be unable to transfer it to a USD exchange and would be unwilling to sell it for USDT on Binance. but I'm a TA trader, not a fundamental one, and the charts are looking undeniably bullish
THERE WILL BE A 60 MINUTES SEGMENT ABOUT BITCOIN THIS WEEKEND THIS IS NOT A LARP
Nolan Green
Man this guy is desperate. Stop being a little bitch and trying to scare new people into selling. You pathetic excuse for a human being.
Jackson Wilson
>being this unironically angry on an Australian rugby league forum
Oliver Smith
I love how delusional bulls are suddenly saying bakkt/fidelity is pump worthy news when it was never the case lmao
Henry Jackson
Checked and bullpilled
Mason Butler
they want to decrease their exposure to BTC now that they've already reduced their tether exposure.
Now they want a different stable coin.
Austin Long
Don’t use tether you fucking idiot.
Brayden Scott
cope more faggot
Carson Rogers
Is pax shit? Idk if I trust coincucks token.
Mason Collins
I've got my Binance funds in PAX until it is back online fully in like 30hrs.
I agree with OP... i'm sensing the mother of all dumps once binance is back up.
Carson Edwards
proof that 85% of traders hold their money on binance?
Joseph Bell
Okay, this is just the work of the Jews. Listen guys.. check local bitcoins volume. It's at all time high. So fuck you. I said it.
Evan Davis
What do you mean with "segment"?
Eli Butler
You should realise the retards excited with this price jump are probably the ones who lost everything in early 2018, ofc they will ignore any logical explanations and believe it's organic growth.
Connor Murphy
Look at the digits. Checked, and I just went all in. Wish me luck boys.
Brayden Long
faggots like OP can enjoy watching everyone else get rich from the sidelines.
