Short squeeze

[Anonymous No.4937570]

What you are seeing here is one of the biggest short squeezes of ALL TIME.
500$ more and will trigger massive liquidations.

[Anonymous No.4937601]

explain for us brainlets, op

[Anonymous No.4937639]

But will there be enough liquidations for $20k?

[Anonymous No.4937640]

>>4937601
the absolute state of biz

[Anonymous No.4937663]

>>4937570
What do I do, I have only ETH.
Should I go half into BTC?

[Anonymous No.4937679]

>>4937570
fuck man my liquidation is at 17k sure as hope we dont go that high.

[Anonymous No.4937681]

>>4937570
You realize that’s the opposite of a short squeeze right

[Anonymous No.4937704]

>>4937601

Bulls push price up to where they think people shorting have there stops set. When get stopped out / margin called it triggers a buy setting off a chain reaction.

[Anonymous No.4937727]

>>4937681
t. brainlet

[Anonymous No.4937740]

>>4937681
Good god you cannot be srs

[Anonymous No.4937805]

>>4937681
You realie that's not the opposite of a short squeeze right?

>Huurr durr, but short means the price go down right?

Maybe this game isn't for you

[Anonymous No.4937825]

>>4937570
Called it. >>4900736

[Anonymous No.4937909]

>>4937825
The previous runs also started with such a steep rally though.
But yeah, I already cashed out again, made some nice gains shorting alts in the last hour kek

[Anonymous No.4937928]

>>4937663
YES NOW BUY BUY BUY

[Anonymous No.4937987]

>>4937825

Yeah but who's interest is it in to short squeeze then let it plummet (?)

[Anonymous No.4938006]

Look at the 4hr and daily charts and try to find ANY bullish pattern. This is the last desperate push but those who refuse to acknowledge the most painful obvious truth: the bullrun is done for BTC. A minimum 40% retrace from here

[Anonymous No.4938008]

>>4937987
((()))

[Anonymous No.4938024]

>>4937987
Anyone with half a brain who knows you can make money on the way up AND down.

[Anonymous No.4938034]

>>4937570
did we test 10k last night? if not thats where we're going

[Anonymous No.4938035]

>grows hyper exponentially
crashed
>rebounds and grows faster than before without any proper reason or support line backing
<blank>

so, biz?

[Anonymous No.4938043]

>>4937601
>>4937681
Can you guys just not post until you've been here for atleast 3 months? Either that or just read investopedia when you see a word you think you understand but you don't.

[Anonymous No.4938049]

>>4937987
You don't care as long as you're on the best side of the market.
Empires fall and that's when you can make the biggest profits.

[Anonymous No.4938058]

>>4938006
This.

2k+ gains over the last 1.5 hours reeks of desperation. It never went up that fast even during the peak of the bull run. Absolutely unsustainable. Sell now, it's your last chance before we go bust.

[Anonymous No.4938075]

>>4938035
nobody here understands what btc is doing. only (((insiders)))

[Anonymous No.4938112]

>>4938006
On the daily there was a possible continuation but it has lost its steam.

[Anonymous No.4938138]

>>4938075
>>4938035
There era where amateurs and average joe could daily trade BTC are coming to an end tomorrow.

[Anonymous No.4938165]

>>4937663
Lol that autist should stick to autistic physics.

[Anonymous No.4938222]

>>4937601
Leveraged shorts have to borrow BTC to sell.
If price goes up to big, then they have to force buy at much higher price, thus driving up the price even higher.

[Anonymous No.4938304]

>>4938058
And DOWN WE GO.

I hope you sleep tight hodlers.

[Anonymous No.4938358]

>>4938034

...obviously.

I just think if you're speculating about futures being used for profits on something this volatile and you suspect pumping or dumping of the underlying currency who's got the bigger hands and how many steps ahead would they be wanting to think to profit most?

Just trying to imagine which sorts of parties would take the other side of a serious short sell with it spiking so seemingly asymptotic - if both parties plan to pump or dump on the exchanges used for the BRR in the contracts surely you're going to get more pop dumping than pumping at the moment - plus, I get the sense Wall Street's a little behind on this stuff, wasn't long ago the Winklevoss ETF didn't get approved and Dimon was saying he'd fire his own employees if he caught them speculating with it - so they can't have bigger hands than the die hards who've been in this since the start...?

[Anonymous No.4938454]

>>4938024

That /\ was meant for (you) by the way.

[Anonymous No.4938544]

My buy order at 10500 euro is just waiting for the dip, dont disappoint me biz.

[Anonymous No.4938598]

>>4938544
Checked

Expect your BTC tomorrow noon

[Anonymous No.4938613]

>>4938358
WSJ Today:

>For their futures products, CME and Cboe are betting that a handful of bitcoin exchanges are sufficiently reliable and trustworthy to support a derivatives market.

>CME is using four of them—Bitstamp, GDAX, itBit and Kraken—to produce a daily bitcoin price index, which its futures would track. Cboe is using one, Gemini, founded by the brothers Cameron and Tyler Winklevoss.

>All five of those exchanges have taken steps to embrace regulation and anti-money-laundering laws. Representatives of the bitcoin exchanges said the industry had matured and bolstered its security.

Winklevoss

[Anonymous No.4938644]

>>4938613
What about exchanges not in that list like Bittrex?

[Anonymous No.4938669]

>>4938043

kill yourself you pompous cunt, they're only asking to learn.

[Anonymous No.4938684]

>>4937663
Eth is a shitcoin and its going to join it's shitcoin friends soon.

[Anonymous No.4938726]

>>4938644
Don't worry, there's no way unregulated bucket shops operating out of tax havens like BitMEX or Bitfinex could possibly affect the rest of the market with how slow the bitcoin network is. They are isolated price islands gambling on gamblers. Right?

[Anonymous No.4938743]

>>4938669
we arent here to fucking lecture people we are here to TRY and create a thoughtful argument on whether or not these unregulated coins are good or not, we dont have time to stop and spoon feed all of you fucking normies. LEARN ABOUT YOUR FINANCIAL WELL BEING BITCOIN SHOULD NOT BE A AWAKE UP CALL YOU STUPID IPHONE BUYING FUCKS

[Anonymous No.4938764]

>>4938669
This

>Only post about things I want to talk about

[Anonymous No.4938769]

whats a vestapedia?

[Anonymous No.4938781]

>>4938043
Oh stfu. This is honestly the first time I've seen this kind of smug cuntery on /biz/.

Stopped bothering to browse /tv/ cos of pompous neckbeards reeeing over "ffs learn the culture of the board before you post" because of 'muh reddit spacing' or some bullshit.

[Anonymous No.4938835]

>>4938613

isnt gdax in on the tether scam?

[Anonymous No.4938860]

>>4938835
no, but Kraken seems partially complicit

[Anonymous No.4938877]

>>4938781
The information is freely available on the net and new kids that come in ALWAYS repeat the same questions. I get that elitism is cancer, but we're talking about absolute basics here.

[Anonymous No.4939003]

>>4938877
>>4938743

Sometimes people ask because they've read other sources and don't understand so they ask for a simple explanation. Shut the fuck up about it and ignore it, let someone else answer you self-centred fucks.

Now can someone tell me when these futures start trading? Like a countdown of minutes/hours or something?

I sold at a loss just then I don't like the look of this BTC rise at all.

[Anonymous No.4939058]

>>4939003
>sold at a loss
Lmao you dumb fucks never learn

[Anonymous No.4939084]

>>4939058

>Up 1.5k this week, sell for a $300 loss

I think I'm doing OK champ.

[Anonymous No.4939161]

lol u faggots should just follow this boy thats neva wong and actually is against all that futures fud, theres no logic in shorting, just fokin dyor

https://www.tradingview.com/u/goldbug1/

[Anonymous No.4939280]

>>4937570
12k here we come.

[Anonymous No.4939908]

>down 2k from 3 days ago
>up 5k from a week ago

retards buying at ATH make me kek so hard, almost as much as fudders that don't understand corrections

mfw in @5k

[Anonymous No.4940318]

>>4937570
What's the comission fee at bitfinex?

[Anonymous No.4940370]

>>4937601
Short positions have to cover, ie buy bitcoin.

[Anonymous No.4940403]

>>4939908
wow, you are such a great investor.
So much foresight.
Do you have a block by any chance where I can read about your investment tips? But seriously anybody who bought over 700 is a pajeet