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/biz/ - Business & Finance

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9896810 No.9896810 [Reply] [Original]

The volume is dropping fast. Bears are running out of shorting fuel. Its about to happen.

Strap in boys.

>> No.9896820

>>9896810
6.6k when

>> No.9896843

I'm hoping for lower prices still.

>> No.9896852

>>9896843
It doesn't really matter what you want. Reality is we will never seen Bitcoin at a lower price than 6.5k ever again.

>> No.9896873

>>9896852
The SEC decision may indeed have marked the bottom of the market.
We'll see man, we're still in a bear market so lower prices aren't farfetched.

>> No.9896874

>>9896810
>>9896852
You guys even look at the order book? The grand illusion has been shattered. This entire market is an overhyped bubble and we knew it from the start.

The bubble popped months ago. Short or die.

>> No.9896888

>>9896810
>Strap in boys.
Couse we are going to mariana trench

>> No.9896900

>>9896874
Sorry bro, the only way to make money now is from going long. I opened at 25x position at 6.5k with $5000. Will close at 8k.

>> No.9896910
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9896910

>>9896810
initiate the dump.

>> No.9896919

>>9896874
The grand illusion gets shattered all the time
Until it builds again.

Crypto is here to stay whether you like it or not.

>> No.9896952

>>9896852

We just saw the SEC side with crypto big time and barely saw any pump. That is not a bull sign.

>> No.9896961

>>9896952
Exactly. Bear is here until sellers and shorters move on. It's that simple. This market is bigger than any news right now.

I think lower prices can come for sure, but can't predict.

>> No.9896981

>>9896852
Laughing at you in about 5 hours

>> No.9897010

>>9896981
Bro I know the CEO of BTC, he told me it will getting a pump soon.

>> No.9897027
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9897027

>>9896874
>the order book
>volume
>TA

>> No.9897048

>>9896810

I ripped $30 from the guts of this bear market today and you can too OP

First step to being profitable is having utter contempt for anyone willing to put capital in

>> No.9897050

Really just have to ask yourself if this bear market will be better or worse than the crypto winter of 2014/2015

I have a hard time believing anything can top that. 2 years of no hope.
I think this bear market will be 1 year max. Maybe over by holidays.

>> No.9897061

>>9897048
30k you mean
30 dollars? as in lunch money?
r u sure bro

>> No.9897091

>>9896810
The only thing being strapped is bogdanov strapping on the dildo he is going to fuck you with

>> No.9897203
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9897203

>>9897091
Bull Starts Now!

>> No.9897243

>>9897061
Is anyone that's making large amounts of money off crypto really lurking /biz/?
Fuck off

>> No.9897252

>>9896810
Im expecting a total collapse to aroun $1k. THis is based on the mtgox crash which was 95% of the peak. 95% of 20,000 is 1000. If it follows the mt gox pattern it will not recover for 1-2 years.

>> No.9897259
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9897259

>>9897252

>> No.9897264

>volume decreasing a bullish signal

>> No.9897322

>>9897264
Decreasing volume during a bearish period is bullish, decreasing volume during a bullish period is bearish.

>> No.9897420

>>9897322
is that how it works?

>> No.9897451

>>9897252
we didnt have a black swan event brainlet

>> No.9897460

The way I see it, alot of bulls turned to bears and alot of fake hodlers were shaken out already.

I think now the majority is waiting for the capitulation move and to me that says we won't see it. I don't know. I have serious doubts without some really shocking red candles that will shake hodrs to the very foundation of their soul.

This could be the start of the bull market, or a failure here could be the catastrophic move we need to see. News vs bearish sentiment. Who will win? I think in this instance, greed may bear fear and we see a shortterm relief rally. If we do, I don't think you should believe in it too heavily. At best I think it could reach BTC 8k, but a possibility to fail between 6.8k and then at any point.

>> No.9897512

My god you people are dumb. Theres no bears or bulls. Just jews waiting till they can get their share (((25%))) and then theyll run it up just to dump on the goyim. We arent moving past 8k till the SEC makes BTC Kosher

>> No.9897537

>>9897027
Haha nice wojack, funny way of calling someone dense.

>> No.9897540

>>9897420
Welcome to /biz/. No matter how it works some tard will show up and be adamant it works this way, ask them more questions you will find out generally they don't know anything about the subject....

>> No.9897574

>>9896874
>Short or die.
you cant short for long
you would get barted anyways

>> No.9897757
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9897757

>>9897420

>> No.9898822
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9898822

>>9897243
We were before the crash desu

>> No.9898847
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9898847

>>9896810
You were saying?

>> No.9899352

that's fff..ff.....FUCKING it.

It begins NOW.

>> No.9899359

>>9897243
This is low quality bait

>> No.9899372

>>9899352
No, I was bullshiting while setting my shorts dumbshit.

>> No.9900291
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9900291

>>9897757
>>9897420
>>9897540

Its true though volume decreasing with price downward means nobody is selling.