Bitcoin has proven that 10k can't hold. This was incredibly important support and now its gone it is a huge bear signal. It can still pop above, but it will only be brief. A massive crash is imminent. Probably would be smartest to get out before Monday.
Bitcoin has proven that 10k can't hold. This was incredibly important support and now its gone it is a huge bear signal...
Caleb Jackson
Other urls found in this thread:
forbes.com
twitter.com
Jayden Allen
To long or short. That is the question.
The real question is what caused this? Manipulation of the market by whales or what?
Luke King
If you don’t realize this entire descending triangle has been deliberately painted by mega whales you are a fucking retard
The question is which way do they intend to break it
Liam Robinson
go with or against the season? They can push it down a little but they can't keep it down because fiat is inflating too fast
forbes.com
Eli Johnson
Lol. They manipulated gold which is a seven trillion dollar market for decades. They literally counter trades entire nations to do this
The banking cartel can keep bitcoin below 10k for the foreseeable future regardless of how much is printed
Moonboys who don’t believe this are going to get raped, and bobros will laugh
Alexander Carter
I already spot sold 25% of my BTC to buy back after this dump. Feels good to bobo for once
Andrew Thompson
Its clear Bakkt will be used to break it down.
Asher Watson
Quad-dubs of annihilation. Multi-year bear market confirmed.
Bentley Murphy
Those thinking bakkt will make it bull are in for a rude awakening. They will drop this sub 9k with bakkt and by the end of year it will be back to the 3k or below range
Henry Rivera
Or whales are supporting Bakkt who is just trying to soak up as much sub $10k BTC as possible
William Sanchez
Show us your massive short position then.....oh wait, you don't have one? Why not? All talk and no walk, just because you have a 2 inch penis and no gf?
Eli Diaz
That’s not a rude awakening. That’s another chance for all you poorfags to buy this shit again before it skyrockets
Christopher Roberts
Show us your long now
Christian Allen
I have a long x10
David Powell
Eat dick
Jackson Cooper
You people are fucking idiots
Once all the futures, trackers, and all the other financial spivvery are in BTC, people dont have to buy it to get exposure
That reduces the demand on the asset flat out
Go look at what happened to any asset class once they introduced futures and all the other shit with it
Christopher Sanders
Bakkt future are settled in BTC dumbass
Isaac Perry
>The real question is what caused this?
There's not enough new money going into Bitcoin. When it topped at $13k, most of the whales had dumped their holdings. It was a sign that the bullmarket was over.
Caleb Robinson
That just means its going to tank harder. Futures have literally never done anything good for any asset, especially bitcoin.
Christopher Russell
I sold at 10.200 and getting back in around 7-8k. Its going to do a x2 from that point on imo. Worst case scenario 12k.
Ryder Rodriguez