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/biz/ - Business & Finance


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12673352 No.12673352 [Reply] [Original]

What exactly makes the price go down? It seems like everyone has already bought into btc but it doesn't seem to matter

>> No.12673363

Miners are a big one

>> No.12673365

>>12673352
>It seems like everyone has already bought into btc
not even close. zoomers arent even old enough for us to dump our bags on them yet

>> No.12673510

Very aggressive short selling is what keeps pushing the price down.

>> No.12673583

>>12673510
Why won't they stop

>> No.12673630

>>12673583
They can earn money with it, as long as they can cause panic with it, so that unplanned selling occurs, so that they can buy back lower.

When there are more people with a buy-and-hold attitude in the market again, they will be less successful and it will harder for them to cause these price drops.

>> No.12673694

>>12673583
Traders from investment banks use the same technique to accumulate stocks (crash and accumulate).

>> No.12673740

>>12673352
Hes gonna say it!