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

/biz/ - Business & Finance


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File: 145 KB, 931x1830, Screenshot_20230225-090140_Chrome.jpg [View same] [iqdb] [saucenao] [google]
53844292 No.53844292 [Reply] [Original]

>Why orange coin go down psssdbbbn
>Why I sofa king we todd Ed?
Because you utter newfag spastics. There is a massive gap at 20k that NEEDS to be filled.
>What does this mean?
Gaps are caused by weekend buying where big players are not trading BTC so in this situation there is still price discovery unaccounted for because not the whole market is buying.
So if there is a huge pump on the weekend, that usually means it will eventually come back down.
We want the orange circle to be closed before the blue ones for long term growth, other wise we will have a 2019 situation where it went up to 14k and then bled for 6 months.
I am sick of posting this. Someone screenshot it and post it whenever someone birches about the inevitable return to 20k.

>> No.53844306

What about the gap at $61k?

>> No.53844322

>>53844292
Muh cme gap kek. Reminds me of '08

>> No.53844326

the only gap is your distended boboid butthole preparing to take another green monster

>> No.53844342

>>53844322
>>53844326
This is exactly why we need max pain under 20k

>> No.53844345

>>53844292

>he thinks trading derivatives is anything other than a cheap boomer scam

stop trading and become a sp500 DCA'ing plumber, for your own sake

>> No.53844479
File: 669 KB, 1200x600, CME Gap.png [View same] [iqdb] [saucenao] [google]
53844479

>>53844322
There's one at 3.5k. And it has left Bitcoin vulnerable to a colossal correction.

>> No.53844560

I need to fill your moms gap

>> No.53844618

>>53844479
It is true. Bitcoin is vulnerable to a correction of colossal size.