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/biz/ - Business & Finance

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49944027 No.49944027 [Reply] [Original]

Going below $18K before EOD. More panic on Monday will push it to $15K at open. By the end of summer BTC will dip below $5K. This time next year many exchanges will have lost more than half of their users. You will be paying $0.10 for a swap because defi will be dead.

>> No.49944040
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49944040

>>49944027
shieeeet.
but with options price is already been paid, no?

>> No.49944041

>>49944027
>bulls bet on prices above 60k for June
kek, bulltards

>> No.49944051

>>49944027
I hope it goes that low so all the redditors and newfags are afraid to actually buy low and thus don't make it.

>> No.49944083

>>49944027
>bitcoin
>monday at open
lmao are you retarded

>> No.49944084
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49944084

Probably not, a month of small rallies ahead with short entries for fearless bobos.

>> No.49944090

I'm a bear as well but I don't see the drop playing out that quickly and doubt 5K will be reached.

unlikely to go lower than 17.5K this week. unlikely to go sub 10K in the next few months. recessions last quite some time and have short term rallies every now and then

>> No.49944143
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49944143

>>49944040
No.
>>49944041
We got them.
>Bitcoin bulls had $500 million in leveraged long positions liquidated on June 12 and 13, so they should have less margin than is required to drive the price higher. Considering this data, bears have higher odds of pinning BTC below $22,000 ahead of the June 24 options expiry.
https://cointelegraph.com/news/friday-s-2-25b-bitcoin-options-expiry-might-prove-that-17-6k-wasn-t-btc-s-bottom