/biz/ - Business & Finance

>>7872888
too soon

>>7872888
>digits
hey hey hey

>>7872888
$100k eoy screenshot this and check my digits niggers

>>7872922
>>7872888
Checked and ready

>>7872888
this is just the first bull trap of 100 lmao rekt

>>7872888
only digits allowed in this thread, if not >leave

>>7872888
bye

>>7872888
triples - we are going to 3 digits with btc

$800 BTC incoming

bears incoming
rip in piece bulls

>>7873063
Lmfao

>>7872888
I'm going to be so happy when you bitcoin fags get burned, your shitcoin is dying.

buy now or fomo at 10,8k

>>7873176
sell now or neck yourself at 6k

>>7873176
you said that at 16k lol

eat my shorts faggot

BUY DOP

>>7873088
>>7872966
>>7872922
>>7872911
>>7873744
>>7872888

aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

>>7873777
Everybody panic, bitcoin just had its first taste of american tax returns and went out to spend some of it on a new flat screen tv and hamburgers. Now he's a couple grand cheaper. Oh nooooooooo

GUYS WHAT IF I DO A SHORT AND A LONG AT THE SAME TIME
I CNAT LOSE RIGHT

>>7873824

>>7873824
With enough swings you can actually lose both.

>>7872922
Thanks bought 100k

A bunch of shorts just closed, waiting for the next push. There are still 19.3k shorts open so I'd expect the downtrend to continue after hitting 10.2-10.4k.

>>7873992
where do you see these shorts

>>7873999
https://datamish.com/dashboard/db/btcusd?refresh=10s&orgId=1&from=now-7d&to=now

Checked. I've been following this closely for the past 8-9 days

>>7873999
Nice trips. BitMex.

BARELY ABOVE 10K AAAAAA HOOOLDDD

>>7873992
>lots of shorts open
>price still going p
surely that's a bullish sign? Those bears are already priced into the market, the only way they can affect the direction of BTC price now is by closing their shorts and increasing it more

>>7874092
Price went up just as bears closed their shorts. The reason that I believe that we're heading down even further is that there are still too many shorts open.
It's bullish for the next 1-2 hourse perhaps but then bears will try and take this down further towards their targets.

>>7874092
>The reason that I believe that we're heading down even further is that there are still too many shorts open.

please explain how lots of shorts open = price will go down. Like I said earlier, the more shorts open, the less the selling power remaining to the bears, right?

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>7874144

Meant to reply to you: >>7874144

>>7874179
not necessarily at all actually. As their position increases in value, they are able to short even more

They closed their shorts since they couldnt tank the price more.

>>7874246
retarded

>>7874179
Money tied up in shorts can't buy your fucking bags. So with no one to buy bags the price goes down until the bags of shit turn to bags of gold.

And it happens when most normies hands let go at the same time.

If I get trips in this post Bitcoin will drop to $900 by EOY in a slow bleed. I’m sorry. Ok, check them.

Will bounce between 9500 and 9000 and then enter the bull tunnel. Smooth sailing from there.

>>7874218
>As their position increases in value, they are able to short even more
The point I am trying to make here is that, the more somebody expresses their position (long or short), the less they are able to add to that position. If there lots of shorts open right now, then that means that the people who are bearish on BTC have less money open to them with which they can short. Their position is already expressed. Sure, they can add to it, but the amount by which they can add is limited by the amount they have already put in.

>>7874305
>Money tied up in shorts can't buy your fucking bags
Actually, money tied up in shorts can ONLY buy bags. If you are short, it means you are going to buy back at some point to close your position. If the price gets too high, you'll be forced either by stop-loss or liquidation bot to buy back in.
If you are short it means you have already sold. You can't sell again what you already sold, so your affect on the price can only be positive from that point onwards.

>>7872888
do you even know how a bull market is defined?

God yall are retarded. Things rarely go up or down in a straight line.

It goes up and then dips a little
>bullfags btfo 6k incoming

It goes down then up a little
>bearfags owned 100k EOM

Whats funny is usually by the time i see these threads you're already wrong

>>7875170
It's a meme at this point and yes price goes up and down short term but there's still an overall trend to consider.

>>7875170
so if i say 53k am i a bullbear or bearbull?

dubs and we going to zero

>>7875498
singles and we are going up

>>7875523
Dubs and we're dropping to 0