I told you all yesterday shorts were going parabolic. You wonder why only BTC developed this "bart" pattern, while no stocks has this pattern? It's because Bitmex and Bitfinex insiders are literally pumping and dumping the market to their will to liquidate as many people as possible. Always be on the minority side of long/shorts. Expect a pump to 7.6k then back to new lows.
I told you all yesterday shorts were going parabolic. You wonder why only BTC developed this "bart" pattern...
Cooper Turner
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Jacob Kelly
That's exactly what i'm doing .
Michael Fisher
As always do the opposite of what OP the faggot suggests in the short term. Ignore this board for any longtime predictions
Chase Thompson
>they shorted? Pump it. To the moon this time. Liquidate them all.
Grayson Harris
and especially, ignore avatar faggots be it a bog poster, a frog poster or any overused macro
Cameron Garcia
7.6k needs a lot of power and momentum desu
volume just isnt there atm
Carson Gonzalez
>All those liquidated shorts
Cameron Gonzalez
u seem very confident on 7.6k pump , how about u show us ur position? oh wait ur just a permabull
Carter Roberts
inb4 shorts btfo
Ryder Adams
my plan: wait for btc to go sub 6k then start stacking as it goes down (possibly to sub $5k) hold till $25k (could be a few years for the next bubble) and start cashing out on the uptrend or worst case into the bull trap.
Luis Green
random fork on a chart with no further explanations
GTFO
Landon Ross
It will be
Nathan Edwards
I'm not a permabull. Even in my fucking OP I stated we would see new lows after the fake pump
Robert Young
nice inspect element edit faggot
Jacob Walker
Come to the bitmex chat and I'll /position for you poor nigger
Landon Brooks
Markets are symmetrical, all those shorts had to sell to somebody. Are the MMs piling into shorts like trained monkeys, or are they buying up those shorts? When you have infinite money, the only limiting factor is market liquidity. MMs love to absorb liquidity and then push the market in the opposite direction everyone thinks it will go, in this case causing massive short covering and launching the price sky high. The vertical line shows where btc first hit the 200ema. Everyone thought it would bounce, and as you can see, massive short covering, longs starting to come in, and the price drops another 25%. Those shorts were closing into the MMs selling, who knew it would go lower, since after all they control the price. So big shorts doesn't mean it's going down
Colton Hill
In addition, MMs have infinite money, and whatever leverage they need will come from the banks, not fucking bitfinex. The margins on exchange are mainstreet, not wallstreet. Wallbois are most likely on the other end of those shorts
Alexander Sanders
Most likely it won't break 7k. Dump to 4k is still on the program, no matter how many shorts there are.
Noah Evans
This TA beautiful
Jordan Williams
just because you say so and sold at 6k?
Brayden Phillips
Thanks for your reasoning. This kind of posts is what the ecosystem needs to get back more liquidity, which imo is the biggest problem atm for any sustainable growth. There is effectively no new money coming in, hodler just hodl and buy their monthly fix and the MM pretty much trade with themselves why volatility also went down, because risk rises in both directions.
Joshua Nelson
Next level TA, this is art
Brayden Diaz
But what will they do when people starts to liquidate their short ? Market has low liquidity, there is few sellers left and all those shorts needs to be bought. I wonder what will happen ?? Hmmmmmmmm
Juan Myers
*start
*need
Parker Adams
Bart works until it suddently doesn't anymore. We'll shoot upwards through those shorts at some point and it will propell us to 20-30k within a week just from liquidations. Even if that means we will get stomped to < 3000$ first.
Bentley Perez
>to the moon.
No mate. Just enough to liquidate positions.
We're gonna be fucking around for a looooong time to come.
Nolan Jenkins
Bart pattern will be followed by a marge reversal due to a the RSI being 3 wiggums above the mean. If you look at the 30 minute candles you can also see a duffman flag which is highly suggestive it's setting up for a frink breakout above the upper quimby band.
Chase Miller
Can you make this for LINK please
Jaxon Edwards
I entered a long yesterday end exited on the pump
margin liquidation is the name of the game whales play
but there are still many shorts, maybe people wised up and used lower leverages?
You reckon the bogs will come after those shorts as well? we can only know the total # of positions, neither size nor leverage, but the MM knows..
Brody Bennett
how do you get those figures?
i can’t find out where to get those numbers
datamish doesn’t seem to provide much info
t.brainlet
David Howard
> Just enough to liquidate positions.
Gonna be the biggest bart of them all.
Hudson Miller
Tradindview
BTCUSDLONGS
BTCUSDSHORTS
Kayden Thomas
I didn't make it, all credits to manwithnoname
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Stay stinky mr linky
Camden Hill
forgot
Elijah Morris
jesus christ what is this
Brandon Bennett
CANCER
Thomas Davis
woah woah i hope you guys dont live in england. fucking hate speach detected