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57907955 No.57907955 [Reply] [Original]

cz knows...

>> No.57907962

>>57907955
>800 BTC
that's not a lot

>> No.57908257

>>57907962
order books are thin, doesn't take alot to crash the price

>> No.57908331

>>57907955
the 300btc at 69k evaporated in 2 mins in binance

>> No.57908382

>>57907955
Didn't Blackrock market buy like 1300 BTC during the first dump?

>> No.57908406

>>57907955
the new etfs will be able to stabilize the price and tamp it down if needed

>> No.57908443

>>57908257
>order books are thin
>ETF slurps 15k bitcoing per day on average

>> No.57908556
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57908556

>>57907955
>cryptotards will sell the future of humanity to the Dems for 70 fucking thousand US bidenomics dollars.
So much for ideals.

>> No.57909002

>>57908443
>ETF slurps 15k bitcoing per day on average
That's volume

>> No.57909067

>>57909002
That's net inflow, which means purchases

>> No.57909220

>>57908443
Order books on buy orders are very thin so a small market sell causes crash. The order book for sell orders is very large. massive sell walls

>> No.57909285

>>57907955
It's just exchanges and MM farming leverage fags.
Many people falsely believe opening a x10 long just after ATH is crossed is a sure way to make easy money, they get proven wrong and liquidated.

Normally I would say a crypto failing to break its resistance multiple times is bearish but in this case the reason is so obvious it's hard to ignore.

>> No.57910513

>>57909285
You're right. Opening a 10x long after a post-ATH dip is free money