/biz/ - Business & Finance

>>15838621


I told you to watch out!
>>15806088

>>15838621
it's fucking rigged, bullshit tether manipulation to hunt my stops

>>15839852
how the fuck are the tether guys not all in prison alongside with everyone who is holding that scamcoin? they literally push the price up until all people with a brain, who can see that bitcoin's REAL value is 0 get liquidated, so that they can short in the end and become trillionaires

>>15838621
You bobos might be in luck. The descending triangle has not been invalidated yet. We're back under 8200, so you might survive this green dildo attack. However, I expect the bulls to try to break this level again in a few hours.

>>15839964
>bitcoin's REAL value is 0
ok kid

come on bobos i saw this coming from a mile away, short $9.2k retards!

Told you dumbass bobos you're all degenerate gamblers

>>15839852
It's not tether manipulation. It's leverage exchanges like bitmex betting against their own clients. The total amount of tether is 2.7% the market cap of bitcoin, and it is used across all cryptocurrencies diluting that manipulation capability much more. The tether narrative bullshit.

>>15840449
true, but it's also an indicator of money flowing into the market, so the printing tether -> bitcoin pump correlation is very strong.

>>15839809
based lol

slorp the cum from my balls imo

>>15838621
Lmao

>>15839964

anon you arent as smart as you think you are if you are shorting on leverage when you know the market is that easily tampered with.
That means ints value is clearly not 0. because it can be any value they want it.
strong logic

>>15838621
>>15840080
Slightly bad news, bobos. It looks like the descending triangle was just invalidated. The next big roadblock is the 1d 200 SMA hanging out at 8566 and climbing a few dollars every day.

I think price, the 1d 20 SMA and the 1d 200 SMA will intersect very soon, and I think that's where bobos can think about going big on another short, but be aware that the next setup will be 1d bullish divergence, so take profit before that setup matures.

>>15841125
crosses on a rising 200ma mean next to nothing tho if anything they signal soon coming buy opportunity.

>>15841196
I didn't mean to imply that there was importance in that particular MA cross. I was just trying to point out that a couple important resistances were nearby. It wouldn't be weird for price to get rejected if it gets there, but I'm hoping the rejection is not that hard, and that a powerful buying opportunity arises afterward.

>>15840449
>The tether narrative bullshit.
Thank you for saying this.

>>15840449
>It's leverage exchanges like bitmex betting against their own clients
In order for Bitmex to actually manipulate the market, a Bitmex employee has to deposit funds to an actual fiat exchange like Bitfinex or Gdax, otherwise it's NOT possible

>>15841612
there was some funny shit going on tho, i watched amazed that bitmex had the price around $8.2k when coinbase had it from $8.7k to $9k simultaneously. people were liquidated on mex while it rallied hard on conebase. at that moment i wondered just how the fuck can we even check if their mark price has any relation to real volume.