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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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8794523 No.8794523 [Reply] [Original]

Just look at this:
>sudden crash (no reason or news)
>then the market just seems accept this new price and moves sideways at very low volatility as if everyone just accepted this new price without any questions (notice that nobody tries to panic sell or buy the dip)
>then the price moves up again (also without any fundamental reason/news)
>same reaction

My conclusion is that this market is now completely controlled by whales and bots trading only with each other. There are no more traders/pajeets/normies/investors guided by emotions to shake out left.
>no more sellers left for whales to buy from
>market is ready to moon
>discuss

>> No.8794537

>>8794523
baby first steps in a market.

>> No.8794544
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8794544

>>8794523

>> No.8794545
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8794545

>>8794523
>He didn't buy the dip

>> No.8794547
File: 155 KB, 600x600, thinking1.png [View same] [iqdb] [saucenao] [google]
8794547

>>8794523
maybe that's why it seems that news dosen't affect the market.

>> No.8794550

Ahh yes the typical double bart pattern. Notice how the second bart is weaker than the first. Sometimes there's a triple bart that is even weaker, but a bart must close, so prepare for a drop later today.

>> No.8794574

>>8794523
this much has been obvious for the last month.

>> No.8794595

>>8794523
you mad faggot?

>> No.8794600

>>8794523
It will never moon, it's over

>> No.8794604

>>8794523
tl;dr
>OMG AN UNREGULATED MARKET IS MANIPULATED !!!!

Welcome to the fucking show newfag

>> No.8794611
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8794611

>>8794523

>Bitcoin is mature mark-

>> No.8794612
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8794612

>>8794523
it’s trade bots you fucking absolute mongoloid

>> No.8794613

>>8794523
yup op couldnt agree more. fucking pumps for no fucking reason and its like they say "this looks like absolute shit , but they will forget about it in a day or two and its the new normal price." it will be back under 6.8k in a few days maybe sooner. this shit is getting old though.

>> No.8794622

>>8794550
nah if we break the resistance at 7050 we're mooning stright to 7500 for a mega triple bart

>> No.8794637
File: 26 KB, 977x427, bfx_market_manipulation.png [View same] [iqdb] [saucenao] [google]
8794637

>>8794523
OH MY GOD FUCKING THANK YOU WHY IS NO ONE TALKING ABOUT THIS
As far as I can see a BIG wash bot was turned off yesterdy.

>> No.8794653

>>8794612
Those are little baby bots. The big bots that were balancing the entire market are no more.

>> No.8794669

Every fucking time on this downtrend when the price pulls back, all the moron holders deep in the red are screaming

>MOON TIME GUYS!

Pathetic

>> No.8794679

We gonna see a pump to 7.5k next week, then it goes under 7k till tax day.

>>8794622
Low volume tho
Whatever you think do not short at 6k!

>> No.8794691

inverted bart pattern

>> No.8794732

>>8794669
don't want to break your superiority complex but literally everyone saying that shit is saying it ironically.

>Humour is often a defense mechanism to help cope with upsetting realities.

>> No.8794742

>>8794679
>We gonna see a pump to 7.5k next week, then it goes under 7k till tax day.
Or maybe something else will happen. Or maybe not. Either way stop annoying me with your platinum intuition.

>> No.8794749

It's not too late 7k is still low

>> No.8794754

>>8794732
I'm actually a /nocoiner/ here just to watch the chaos. I LARP from both sides. it's pretty fun. I'm not responsible for other people's autism.

>> No.8794759

>>8794637
Fake news based on a bad translation.

>> No.8794787

>>8794759
Mate whether you believe it or not this chart looks like a fucking joke chart are you even watching?

>> No.8794803
File: 88 KB, 519x331, chad_fad.png [View same] [iqdb] [saucenao] [google]
8794803

>>8794787
>>8794759

>> No.8794853

>>8794544
If you're stupid enough to use high leverage after WEEKS of barting, you're literally retarded and deserve to get liquidated.

>> No.8794881

I would recommend looking at Wyckoff theory. It explains, very well, exactly what's going on. You need to start trading like an institution.

>> No.8794892

>>8794803
chad lost all of his money this year then

>> No.8794944
File: 5 KB, 246x205, bart!.png [View same] [iqdb] [saucenao] [google]
8794944

>>8794523

that pattern looks familiar...

>> No.8794981

>>8794881
what is the composite man thinking right at this momennt?

>> No.8795186

>>8794523
Chasing longs and shorts, I hope all the fucking normies got wrecked big time, never to recover. EVER.

>> No.8795211

>>8795186
i hope u get a terminal cancer of some kind ;)

>> No.8795217

>>8794881
no trading method that is public will lend you above average results, or they woudln't be public

>> No.8795280

>>8795211

Seeing all those rėddit tier posts I feel like I already do. Drown in your own shit.

>> No.8795288

Just put up both a long AND a short at the same time and enjoy not losing money in this bartmarket.
You’re welcome

>> No.8795293
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8795293

>>8794622
>>8794679
>>8794749

just imagine how dumb someone must be to try to do TA in an artificial market while making bets with his own money

>> No.8795307

>>8795288
....the absolute state of retardation on biz

>> No.8795490
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8795490

>>8794544
This is exactly what's happening

>> No.8795532

>>8795307
>you can't have 2 bitmex accounts
found the handi-capable.

>> No.8795562

>>8795532
>have 2 bitmex accounts instead or trading different BTC contracts on the same account
found the airhead.

>> No.8795585

>>8795307
>he doesn't know about cash and carry arbitrage
>he doesn't know about free money from bitmex funding
>he doesn't buy his own liquidations like chad
the absolute state....

>> No.8795625

>>8794523
Hey dummy. Those giant drops and rises are the exchanges liquidating retarded margin traders. Since nobody is actually buying or selling, the exchanges are the only ones moving the price so all you get is straight lines sideways as well as up and down.

>> No.8795644

>>8795562
>he doesn't have 2 bitmex accounts linked together by bitmex with free transfers between them.
kek

>> No.8795681

George Soros just marked his "0" on the graph. After this it's gonna be a fun ride.

>> No.8795712

>>8794544
We need decentralized smart contract exchanges.

This shit was never supposed to be centralized.