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

/biz/ - Business & Finance

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10016043 No.10016043 [Reply] [Original]

WTF JUST HAPPENED!?

>> No.10016053

>market manipulated for 8 years

WTF HAPPENED !!!

>> No.10016063

Short liquidation
stop trading with 100x if you can't take 5% offshots

>> No.10016065

>>10016043
The legendary long-short-short-long-squeeze.

>> No.10016068
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10016068

>>10016043
CHINKED AGAIN

>> No.10016070

liquidations have begun, cant be far from the bottom.
Take the bears out to the back igor.

>> No.10016085

Someone has a really quick and clever bot, he simultaneously liquidated the longs and then squeezed the shorts that dumb bots immediately placed after the red candle.

Either way, its a trap bot that fucked other bots.

>> No.10016093

A lot of actual sells against a huge fake green candle to create de illusion of demand in order to make it go up a little bit before the next sell round.

TL;DR: we are crashing as usual.

>> No.10016095

>>10016063
Please elaborate.

>> No.10016108

>>10016043
Whales trying to hold the 6000 line. Day isn't over until it's over. We're probably going to close 8AM (HK Time) just 6k or above that. It's not farfetched to see exchanges, whales or whatever you want to call them move price $200+. We DO have precedents for them manipulating price.

>> No.10016109

>>10016095
google short squeeze.
>>10016043
BO G G E D

>> No.10016115

someone was getting bogged, took bogs a long time to make him sell but finally it's done and we can return to the bullrun

>> No.10016130
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10016130

Driving out bad money was expected as natural reaction.
Markets will clean unholy Core cultists who relied solely on hodling instead of increasing adoption.

>> No.10016133

>>10016108
Kek. Now at 6100 as I typed this. I knew it. The Asian timezone just dumped to squeeze out the longs and then rose back up in the US timezone. Like clockwork. I've been watching the charts for months and notice this when it gets at this price point ever since the SEC approving bitcoin.

>> No.10016170

>>10016053
cope

>> No.10016402
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10016402

>>10016108
>>10016133
Like fucking clockwork. Day's not over until it's over.

>> No.10016408

>>10016043
The market equivalent of twisting an ankle.

>> No.10016462

>>10016043
The infamous 9/11 reversal pattern