Decoupling shitcoins from btc would be bad for btc and shitcoins, shitcoins have liquidity just because people are trading them to make more btc, btc is useful because you can trade it again shitcoins to make more btc to sell to fiat...
My tinfoilhat Bart theory
As you can see from the Bart action, generic growth is there all the time, but heavy dumps clear the buy orders and make weak hands panic sell while heavy pumps accumulate cheap coins. Don't sell your BTC to whales, they already have more than enough.
Do you think if everyone used a conservative leverage (ie. 1x, liquidation @ 4150) they'd have no choice but tp pump BTC, instead of crashing the price to crazy lows?
is it possible to see how many longs/shorts are open on bitmex at any given time? I want to see if it's true that they're just liquidating the bigger positions
Not sure how much it would help if we knew the exact number. If the average leverage is ~8.5%, that requires a 10% move to liquidate. They're targeting the 15x+ orders with these $100-$200 barts.
my pet theory is that the suits got in a couple of years ago and have been pumping in money to entice the early adopter. they were able to create momentum last year and then dumped on all the dumb money in january-march and fully consolidated. now that they scared away all the neets and cryptoanarchists they can start pumping again enough to re-build momentum in the following year or two to entice the normans by formally announcing their entry and fully take over crypto once fiat money completely blows up.
dis
Stop trying to make sense of this unpredictable market. Nobody knows what tomorrow will bring. Hold long and forget til 2028.
Forex 2.0
Wouldn't that be nice?
Not going to happen, banks and other motherfucking suits are not interested in it.
Possible and logical
See here