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/biz/ - Business & Finance


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57170062 No.57170062 [Reply] [Original]

BULL MEAT IS BACK ON THE MENU BOYS

>> No.57170086
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57170086

>>57170062

>> No.57170088

bullish

>> No.57170092

>>57170062
lol

>> No.57170104

>>57170062
leverage negroes get the rope

>> No.57170109

>>57170088
This, unironically. My long is still open...

>> No.57170138

>>57170062
Can someone explain to a retard like me what this means? People had short positions, it rebounded, and I'm their liquidation caused because to pump, is that right?

>> No.57170150

real amount liquidated is like 4x this when you take into account that most people use stop losses and dont let their acc get liquidated

>> No.57170159

>>57170138
>and I'm their liquidation caused because to pump
good morning ser

>> No.57170163

>>57170138
You can believe the bull boys, who belieb this means 50k is now unironically possible and you should go all in with a long and just hodl till doomsday.

Or you can believe that without retail to come in with their liquidity (and they have exactly zero reason to do so), no one will be able to afford Bitcoin at these high prices after half a fucking billion dollars was liquidated right now, meaning the only direction we can go for the forseeable future is down, until BTC becomes cheap enough that it can rebound.

>> No.57170171

>>57170159
You try typing with one hand while wiping your ass with the other and see how well you type.

>> No.57170184
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57170184

aaaaaaaaaaaaaaaaaaaaaaaa mumus must have nightmares from these two wicks

>> No.57170187

>>57170062
That was probably the biggest crypto stop hunt of all time.

>> No.57170206
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57170206

>>57170109
OI is still intact, even at 500M longs rekt, it was hardly a dent. $19B open interest still left.

>> No.57170233

>>57170187
I will admit, the short stop hunt was absolutely fucking agonizing - this crap just kept going up higher and higher for almost 3 months straight with NO significant swing down.

But it's finally over. And juding by the past cycle, and after squeezing bears' nuts absolutely dry, tis definitely the season now for some nice quick and bloody bull slaughter for the next few months.

>> No.57170242

>>57170206
CME is even up because that's where hedgies and insiders trade with lower leverage big boy positions, and they probably shorted 0.5 bil at 5am

>> No.57170247

probably all leveraged values, divide by 10-20

>> No.57170251
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57170251

>>57170242

>> No.57170255

>>57170163
I'm not buying bitcoin until it's 10k. After all, 10k is programmed

>> No.57170265

>>57170251
So hardly a dent even there. Seems like plenty of bull meat feast before we rally again.

>> No.57170302

>>57170255
I know you're being sarcastic, but there are several possibilities DESU:

1.) We only do one huge leg down and actually manage to bounce off 31k.
2.) We do two huge legs down and bounce somewhere between 15k-21k (likeliest, considering this motion was done during the last two cycles)
3.) 10k really is 'programmed'...in which case however we'll have fallen so low that I'd suspect BTC might genuinely die and be killed.

Whichever happens, I wouldn't say any of them are 'inevitable'. Anything could still happen. The one thing that I don't see happening now, tho, is the institutions asspull is to 50k and beyond from the point we're at now. They need retail normies for that to happen and they are NOT touching crypto with a ten foot pole after this lmao.

>> No.57170329

>-1% 7 day
>ZOMG IT'S THE BULLAPOCALYPSE!!

/biz/ changed

>> No.57170348

>>57170329
>From 45.5k to 40.5k in a few hours = over -10%
Might wanna work on your maths there, chief.

>> No.57170521

>>57170348
No retard it is 5%

>> No.57170527

>>57170233
Yeah I'm out. This is a taste of how easily they can manipulate it. I want no part of it.

>> No.57170705

>>57170302
Nice "astrology for guys" post.

>> No.57170803

>>>57170138
Anon lost his ability to form coherent sentences because of this flashcrash TURBOKEK.

>> No.57170828

>>57170705
True. All TA is exactly that and nothing more. Anyone who tells you 'this is 100% going to happen guaranteed' is a bullshit artist.

Doesn't mean it doesn't have its uses for longer-term trading though.

>> No.57170854

>>57170062
I sold at $41k. Did I do good?

>> No.57170892
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57170892

10 minutes till market open why is it not going back up?

>> No.57170931

Woah half a billion????

Only 3400 days to take out the rest of crypto
Dumbfuck mutt

>> No.57171240
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57171240

>>57170255
Stop the wait and focus on SUPRA

>> No.57171261

>>57170892
Because crypto is dead

>> No.57171319

>>57170527
Are you faggots really so new to crypto that you're not used to volatility like this? No wonder we're dumping, newfags like you are a top signal

>> No.57171336

btc top was in 2021. proof of keys day is dead because of fees. btc is a joke

>> No.57171347

>>57171336
>proof of keys day is dead because of fees.
okay pajeet

>> No.57171485

>>57171319
>muh top signal
You need to go back

>> No.57171581

>>57170163
Retail isn’t buying yet. They’re waiting for CNN and FOX to tell them it’s not a scam anymore.

>> No.57172115
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57172115

>>57171261

>> No.57172216

>>57170062
where can I view this?

>> No.57172252

>>57172216
https://www.coinglass.com/LiquidationData

>> No.57172430

>>57170062
ok boyz, next red candle incoming, prepare your shorts, I am selling 6kBTC on binance in 15 minutes.

>> No.57172439

>>57172430
Cool story, brah.

>> No.57172476

>>57170171
That’s why we call you filthy phone posters

>> No.57172524

>>57172439
watch it happen.

>> No.57172657

>>57170255
>I'm not buying bitcoin until it's 10k.
so waiting for the federal reserve smart city coins

you would do better to invest in climate vaccines

>> No.57172678

>>57170062
This is just mm to liquidate late positions before next leg up when etf is accepted

>> No.57172696

>>57170184
Shit. This chart looks like textbook wyckoff distribution….

>> No.57172926

>>57170527
Hahahaha you fucking pussy. Did you start buying last month? Fuck out of here newfaggot.

>> No.57173266

>>57172524
>watch it happen 15 minutes later than he said and then watched it pump back up above the price it dumped from
Oh I watched it, alright. And I am so very glad all I did was that while my still profitable stop-loss holds more than 1k higher and I am damn sight happy that I didn't add to my position like a greedy moron.

>> No.57173294

>>57170171
street shitter confirmed

>> No.57174685

>>57172430
Get your bucks tight and keep an eye on BOBNET. The profits are going to be massive as bags will get really heavy.