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/biz/ - Business & Finance

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49798126 No.49798126 [Reply] [Original]

Someone does not want it to drop.
Finding good support so far or waiting for longs to open to liquidate.

>> No.49798218

no way is it going to drop to 16k
it's not going to happen

>> No.49798258

more so all the longs that got liquidated sold to very few buyers who are now selling their liquidity off to dumbasses who believe in the eternal rally

>> No.49798284

I have no idea whos buying in at above 19000

>> No.49798341
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49798341

>>49798126
thread soundtrack
>https://www.youtube.com/watch?v=NQE1Q1NILfQ&ab_channel=Hellrazer12

>> No.49798367

rally

lmao.

cope

>> No.49798378
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49798378

Duuuuuude

>> No.49798434
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49798434

>>49798126
Last chance to sell
FINAL CHANCE

>> No.49798486
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49798486

>>49798218
cope!

>> No.49798524
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49798524

>>49798126
you keep using that word, 'rally'
I do not think it means what you think it means

>> No.49798558

>>49798284
Whales always pull this shit on the way down. They take profits on their shorts and cause a bounce, which liquidates late shorters and makes a lot of retards FOMO in thinking it was the bottom, and then the whales reload their shorts at the next resistance level.

Rinse and repeat the whole way down so they can fuck all the newfags out of their money whether they are bulls or bears

>> No.49798593

When shorting is obvious you can be sure there's gonna be a gigantic fucking green candle to blow the fucking top off of retards shorting the bottom at 50x with borrowed money

>> No.49798617

>>49798558
Yeah I figured they were whales, and I'm noticing the same shit they used to pull in algo trading on wall streets with these crazy walls for buys and sells.

>> No.49798653

>>49798617
In crypto it's even worse. We've always had like 2-3 players who were in complete control of the market. Back in the day it used to be Bitfinex and Bitmex. Now it's mosty FTX/Alameda and Bitfinex. Since there are no regulations they can do whatever the fuck they want with zero fears of repercussion

>> No.49798655

>>49798378
>Short | Entry Price: $18.8k
Why you people do this? Even if you believe it will fall more, do you really think they can't easily rally it to $26k first to liquidate late shorting retards?

>> No.49798671
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49798671

>>49798126
White hats. No way institutions are working over the Juneteenth weekend.

>> No.49798706

>>49798378
Duuuuuude, I opened a 3x long at 19,250, liquidation price at 12,900. I was seriously like, its over at 17.6 then it bounced back and I exited... Now im wondering where its going next.

>> No.49799032
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49799032

>>49798434
never selling, cunt