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/biz/ - Business & Finance

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55371748 No.55371748 [Reply] [Original]

Why is bitcoin stuck at 30k?

>> No.55371755

No fresh capital. Only tether swapping around

>> No.55371774

>>55371755
But it's not going down either it's weird

>> No.55371813

>>55371748
because day traders are faggots

>> No.55371824
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55371824

>>55371748
It’s so much fucking money involved Anon. Big buyers are gonna take their time. Could dump to 25k again and then to 40k. Or 15k to 50k. They will collect their coins Anon. I prefer a lower liquidity that can’t be dumped to infinity on the whim of a government though. Hail Monero

>> No.55371826
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55371826

>>55371774

>> No.55371839

>>55371748
Because it's the resistance. Most sane people would sell there, but some people buy exactly at $30k and get burned. I don't have any sympathy for those greedy bastard.

>> No.55371849

>>55371839
But what if it goes up? How do I know when a resistance/support is holding or not?

>> No.55372677

Cum

>> No.55372730

>>55371826
kek