/biz/ - Business & Finance

>>57607639
>medium sized dump
Yeah, it will probably bottom out somewhere between 10k and 8k. I don't think it will go to 3.5k, despite the CME gap there.

>>57607639
>gigadump of BCH
You wish

>>57607848
bcash

>>57607692
can somebody finally explain the CME gap meme to me

>>57607856
That's Bitcoin Cash to you buster

>>57607639
basically, keep buy orders cascading from 45k down to 30k and hope they trigger

>>57607860
It's gap on the CME and such gaps nearly always get filled later. For instance a CME gap appeared at 18k in 2020 (as the price rose) and 500 days later that gap got filled - when BTC dumped below 20k in 2022. By the way a lot of bulls who were saying the price couldn't possibly dump sub 20k (because "it can't go below a previous ATH, blah blah") also said that 18k gap would never get filled. But it did. Now they are saying the gaps at 20k (there's a big one there) and the one at 9.7k won't get filled. There is also one at 3.5k but even most bears are saying it won't get filled because it's a very small one.

>>57607848
I'm getting 60 BTC and 60 BCH back, should I market buy BCH with it bros?

>>57607639
All the japs who held bitcoin in Mt Gox are now plastered to the rails of a high speed bullet train. There will be no selling off.

>>57607860
cme is some degenerate gambling exchange, they close on weekends so if there are big btc movements during the weekend there will be a "gap" on that exchange
now just like ta, gamblers like to find reason behind pumps and dumps, so they use these gaps to justify movements up and down

>>57607971
there is literally a "gap" every weekend since they close trading like boomer stock exchanges, stop believing in astrology

>>57607639
When exactly?

>>57608273
>t. retard and future shiteater

>>57607971
Holy shit, that is the CME gap? you fuckers are retarded kek

>>57608491
you can trade Bitcoin during the weekend you moron, there is no gap except what's between your ears