There is absolutely nothing that warrants bitcoins price to shoot up - no real news, updates, announcements, advancements.
> muh soros He's not here to help you, he's here to steal your money.
> but user, we jumped over 10% in an hour, it sure feels like a reversal.
The ONLY reason we jumped that much because of the record-high number of shorts that were opened which basically propelled the price. Remember shorters have to buy to close their positions or buy to get liquidated.
My call - we'll keep rising and build up some confidence, longs will build up to ATH again, and we will DROP. May reach low 9ks maximum.
there's big news coming out from coinbase. Cap this.
Zachary Johnson
This is why you HODL.
Nathan Williams
did he died? :(
Sebastian Evans
>he actually sold the bottom
RIP
Dominic Bennett
There have been constant good news these past months. It's the downtrend that has been artificial. It's about time people realized crypto is actually in a good spot right now.
Daniel Johnson
75k and then crash to 9k; sounds reasonable
Joshua Lopez
Sauce on image?
Isaiah Morgan
Ur call is stupidly optimistic
Isaiah Hernandez
>artificial downtrend
loool please dont act like you know what you're talking about.
Be bubbled and popped and you're calling the downtrend artificial, not the massive DCB that just happened for no reason.
Tell me what the good news has been senpai.
Sebastian Ramirez
where do i see shorts and longs
Daniel Watson
Deluded bull fag
Grayson Wood
>loool please dont act like you know what you're talking about.
Sounds like advice you should be taking first, newfag.
Do you straighten your tie before or after you jerk off to your chart? They served you so well today that they certainly deserve another load.
Just admit to yourself that the market is manipulated and you haven't got a fucking clue when it goes off script like this. No one fucking knows.
Austin Cruz
>The ONLY reason we jumped that much because of the record-high number of shorts that were opened which basically propelled the price. Remember shorters have to buy to close their positions or buy to get liquidated
Going up because of this is pretty legitimate. Price doesn't only rise when people market buy. We are seeing upward pressure because there is a lack of downward pressure, which is just fine
Jason Perry
I'm bout to get justed if we break 8k... hodl me
Aaron Bennett
Nah dude this is IT. Do you not recognize it? I'm pretty sure there's never been an hourly candle that big. Sure that don't mean much but yeah you missed the bottom. Might as well kill yourself now, sorry.
Samuel Myers
If this is the case then bulls get exhausted and price stagnates until they panic sell
Brayden Martinez
op i can taste your desperation >no real news, updates, announcements, advancements.
