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/biz/ - Business & Finance

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58203259 No.58203259 [Reply] [Original]

A potential Bitcoin short squeeze is on the horizon, which could lead to vertical price increases. Analysts foresee short-sellers feeling pressure, as Bitcoin price downtrends have become shorter and less pronounced. In addition, the margin between institutional long positions and hedge fund short positions is at a record high, according to Kobeissi Letter. If BTC price reaches $71,000, $156.18 million in short positions will be liquidated, while a climb to $75,000 will liquidate $3.85 billion, as per CoinGlass data.

>> No.58203334

>>58203259
even if the short squeeze would happen, you can bet your ass that your longs position will first be liquidated by a random spike down, then up, than down again and so on untill you're the one squeezed.
the market is a scam

>> No.58203381

>>58203334
>your longs position will first be liquidated by a random spike down
either use lower leverage or wait for that spike to happen to open your long, duh

>> No.58203444

>>58203381
>he thinks that he can time the market
oh sweet summer child

>> No.58203446

>>58203444
instead of DCAing by time do it by price, you buy when it drops lower, then save up till it drops further

>> No.58203471

>>58203334
Never so anything other than physical spot. Thank me later.

>> No.58203474

Rip out a bunch of hairs?

>> No.58203925
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58203925

>>58203259
How long till personally held bitcoin is deemed against national interest?

>> No.58204094
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58204094

>>58203259
BTC is not going above 80k or belong 50k ever again.
Blackrocks interference means they will invest their clients money to control the cryptosphere and every alt coin. Its not going below 50k becasue that means losses in their investments.
If BlackRock allows BTC to pump and moon that means they will make countries like El Salvador and daytraders filthy rich.
Do you think Blackrock likes making millionaires?
Everyone keeps talking about the halving and other shit and its going to follow the same trend as before. Well this time you got asset managers and market makers fiddling with your crypto.
You arent supposed to win.
Remember when China banned BTC and shit sunk? Rugs will be pulled. Beware

>> No.58204109
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58204109

>>58204094
all they care about is money anon, that is literally it

>> No.58204211

>>58204094
If you hold less than 2.1btc your opinion is invalid

>> No.58205243

>>58204211
If you don't own gold and silver then your opinion is invalid. You're all literal retards that are throwing money into an unironic shitcoin. It has no inherent value, no physical resource backing it, no military to enforce it, is controlled by the jews governments and banks in the West, and has one of the largest countries outlawing it in response to that specific fact. Have fun getting rugpulled by jews, you all deserve to be dirt poor with that degree of stupidity.