/biz/ - Business & Finance

11 replies btw

>>/biz/thread/S13459640

idk know i get the feeling there will be a fomo push big time. Bears are acting they made the best trade of the year shorting the obvious resistance at upper 5k right? right? bitcoin whales dont give a fuck and the ratio of shorts are high, bitmex funding is still favoring longs. What happened when funding favored the bears all this time last year? price kept going down. The weekly is in a textbook 101 bull flag, everyone will get rekted at 6k, early shorters will get rekted at 7k and then everyone will be very sure the bottom is in right? Whales will finally have enough liquidity to dump on normies for the first time since ath getting rid of tens of thousands of bitcoin before the inevitable breaking of supports and rekts for 7k fomotards. Enjoy what the chart might paint in 2019.