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

/biz/ - Business & Finance

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56411913 No.56411913 [Reply] [Original]

BTC pumped to 30k on fake news then retraced
BTC pumped again to 30k why?

>> No.56411926

>>56411913
(they)used israel war as a scapegoat to lure in shorts

>> No.56411937

>>56411913
Are you retarded? Bitcoin is not supposed to go down in value. That is an error. Always was, always will be. Ignore the noise and news. It is the hardest money in existence and it’s appreciation is inevitable.

>> No.56411946

>>56411937
If you have to ask “why is it going up” you need to stop trading period. It is literally designed to go up. That is the default.

>> No.56411950

10k is literally programmed into the blockcoin code for Bitcoin

>> No.56412048
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56412048

>>56411913
>Market gets fake news impromptu
>Market pumps, participants realized it hasn't priced in the news yet
>Dumps after its fake
>However, market/insiders estimate the probability of these news to be true in a couple months >90%
>We pump, pricing in the news
>When the ETF is approved, we won't pump that much/if any.
Welcome to /biz/ newfag, please get a job and buy all the crypto you can for the next 12 months. The clock is ticking.

>> No.56412057

>>56412048
So we are pre pumping a priced in ETF approval?
So if it actually approves we won't pump much than this?

>> No.56412063

>>56411913
bull trap

>> No.56412075
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56412075

>>56412057
Exactly. It's pricing it in.
The weird part is that the market had not priced it in before, as it mostly always does.
Markets are a tool to 'see' in to the future, the collective egregor of traders/bots/institutions give a probabilty of X event happening with price impact Y (a bynomial) and thus price moves accordingly.

Buy crypto.

>> No.56412080

>>56411913
BSV pumping harder than whole market, its causing the tether cartel to pump BTC in defense

>> No.56412081

>>56412079
40K end of day

>> No.56412164

>>56412075
Approval in Jan. We should slow grind up to $40k easy by then

>> No.56412177

>>56411950
>10k is literally programmed into the blockcoin code for Bitcoin
this, I've seen the code

I suggest everyone to short 30k btc, I did

>> No.56412181
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56412181

Biden wants $100b or some crazy amount for proxy wars. Anytime Congress spends money like crazy, BTC goes up.

>> No.56412255

>>56411913
>30k getting rejected twice in a week
Looking grim

>> No.56412262

>>56411913
it wasnt supposed to be this low anyway. FTX suppressed it.

>> No.56412372

>>56411913
Fake news
Then rumors it was a leak
Soon news that it wasn't a leak but just fake news.

>> No.56412386

Leveraged sBTC on shimmer EVM with $0.02 flat fees on tangleswap iotabee shimmersea and USDT on icecream swap bridged to shimmer EVM with similar low fees or L1 shimmer iota without fees AND new sources of leverage like vUSDT. This is good for Bitcoin and iota.

>> No.56412434

>>56411913
The same telegram anon who started the fake news said the ETF date got pushed to Friday. I'm not even fucking kidding. They are pumping it on the same fake news. Twice in a row. Lmfao

>> No.56414604

>>56412057
You are watching the pricing in pre approval. At approval a sell of is likely then when the actual demand comes in it will raise again. Be careful though, there are other possible scenarios

Anon don’t trade with real / big money if you do not understand basics yet. Learn first. This isn’t child’s play like most of real life is these days. This is max difficulty. The market is a beast designed to destroy you. It preys on the weak and knows it’s prey better than the prey knows itself

>> No.56414630

>>56411913
Bitcoin is one of the few green assets in a sea of red today.

>> No.56414695
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56414695

>>56414630
lmao bro what are you holding?

>> No.56414710

The rumor of an etf is getting bought.

>> No.56414745

>>56411913
sell order book got cleared out, and since there is not much other volume the price melted upwards to that point.

>> No.56414772
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56414772

Why are bitniggers so fucking dense? It’s all over the news, even mainstream media like Yahoo, MSN and AOL. This is the only reason everything is pumping, even though it has nothing to do with your worthless shitcoin.