Bitcoin is crabbish. But what's the point of being crabbish? Doesn't it waste both market participants' money, bears and bulls, if it fails to choose a direction? Why wait, and not just pick a direction right now? What's the point of crabbing?

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Anonymous Wed May 8 12:34:53 2024 No.58453336 [Reply] [Original]

Bitcoin is crabbish. But what's the point of being crabbish? Doesn't it waste both market participants' money, bears and bulls, if it fails to choose a direction? Why wait, and not just pick a direction right now? What's the point of crabbing?

>>	Anonymous Wed May 8 18:52:43 2024 No.58453959 >>58453336 Bleed out speculators holding leveraged positions. Markets either wear out participants or scare them out.

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