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49702903 No.49702903 [Reply] [Original]

Why isn’t anyone trying to squeeze the massive amounts of shorts on crypto? The RSI is at an all time low, and much worse than 2018. It’s amazing how greedy shorts are getting. It would make a ton of sense for the bottom to be in and shorts to get squeezed all the way back to 30k or higher but the world really is a clown world. I would have expected big whales to step in.

Bears are calling for 10k just like bulls were calling for 100k when it was near top

>> No.49702963

>>49702903
Too many bears now

>> No.49703016

It doesn't feel like the bottom yet.

I was here for last cycles bottom, and the crypto space seemed completely abandoned, literally nobody in sight....right now theres still tons of people left around in some drunken afterparty while all the smart money left early to get an early nights rest for the next event

>> No.49703455

>>49703016
What if they don't leave because of what happened the previous cycle? Everyone knows that they'll get rich if they stick around to buy cheap coins, so they haven't left, not even the pajeets and retards

>> No.49703518

>>49703455
It's going to take a capitulation wick below 20k. I thought the support wouldn't break but it has to in order for people to finally hang up crypto. Then we can moon to 100k and finally make it.

>> No.49703644

>>49703455
>What if they don't leave because of what happened the previous cycle?
This is exactly what happened. We're 6 months into a crypto bear market and real capitulation is only just starting. Too many normallos with Diamond Hands who watched everything go vertical down and then straight back up in 2020

>> No.49703661

Because nobody wants to baghold this trash through an actual recession and not just a crypto winter due to there being no fundamentals

>> No.49703669

>>49702903
oh theyre next. they just wnt to squeee you first

>> No.49703699

>>49703016
>every cycle is the same
Yea just like how the bull market was the exact same as the last one, makes sense that this bear will be the same as well!

>> No.49703728
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49703728

What matters is the fed. No one wants to get in right now because they all know more pain and more hikes are coming in the next 2 years so no one wants to get it. my 2 cents

>> No.49703758
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49703758

>>49702903
>if you don’t pump my bags it’s clown world

>> No.49703776

>>49702903
becasue the whole crypto ponzi is starting to crack

3AC 18 bln hedge fund exposed to crypto is getting margin calls and liquidations

>> No.49703806

>>49702903
>Why isn’t anyone trying to squeeze the massive amounts of shorts on crypto?
Need to scam the normies into thinking a new run up is inevitable.

Someone with billions need to do some momentum ignition, need to keep small green candles going at least for a few days and then get mainstream news to report on it.

Without normie money BTC just crabs around 20K, until someone with enough money decides to push it below.

>> No.49703848

>>49702903
Did you hear the term "short squeeze" somewhere and think it applies to everything?

>> No.49703913

>>49703455
no its over until retail is convinced its a new bear paradigm and it never going back up

>> No.49704158

>>49703455
Making money is very slow and boring. Once their money is going down y/y for several years they sell eventually.

>> No.49704217

>>49702903
Because the longer you wait the more violent the squeeze gets. Squeezing to 30K is a waste of time. Squeezing to 100K and causing IRL giants to rope is priceless.

>> No.49704349

>why is a shitload of money leaving the most speculative and most risky asset class in the midst of yet another global economic meltdown, this doesn't make sense!!1@?>)
Painful lessons taught the hard way, more at 11

>> No.49704637

Remember faggots, take the general sentiment of this board and do the opposite. The cucks on here were and still are so confident that we are going sub 10k and are shorting the 20k mark; they think it will either go up forever or go down forever. This is the same level of mania we had back when BTC was above 60k.

>> No.49704816

>>49703455
You dont realise how slow the last bear market actually felt. It was a solid 1.5 years of loss and crabbing.
We're barely 6 months in, despair isnt even close to setting in yet.
Once you see nothing but people saying its dead, the board is slow and its just the regulars in xcoingeneral threads, we are at the bottom.