The next dip, everyone is going to FOMO back in

[Anonymous No.7513258]

The Market Cap is now above the higher before the last crash. The downward trend lines are broken.

And you know why. Crypto feels different after the fucking SEC chair said they would not harm it and help people who are excited about it...WHO HAS A NIECE THAT OWNS CRYPTO WHICH MEANS HE HAS A PERSONAL STAKE IN IT'S SUCCESS!

And Mark Warner jerked off at the idea this thing was going to 20 trillion in 2020 and he said it reminded him of cellphones in the 80s.

Next dip, everyone is going to bullrush this thing like no tomorrow.

[Anonymous No.7513277]

>>7513258
>The Market Cap is now above the higher before
do you even english you fucking retard

[Anonymous No.7513290]

>>7513258
I agree, dumb money left and smart money came in.

[Anonymous No.7513330]

>>7513258
>next dip

Theres no dip here. It's goinf straight to 10k

[Anonymous No.7513344]

>>7513277

Yes sirs, sorry sirs.

[Anonymous No.7513398]

>>7513258
scenario
>sec takes a harsh stance on crypto
>/ourguy/'s niece goes broke
>whole family hates him
>wife starts sleeping around
>life falls apart

this is why usa will never chinaban crypto.

[Anonymous No.7513486]

>>7513330
>>7513344
>>7513290
it does feelgoodman lately

[Anonymous No.7513508]

Going up ^

[Anonymous No.7513522]

Everyone is so fucking retardly bullish on this board right now and we currently have like 40k longs open as well

That’s how you know this weekend is going to be bloody.. wouldn’t be surprised to see 7ks, maybe even 6ks again by Sunday

[Anonymous No.7513620]

>>7513258
Not so much a personal stake but atleast he gets a perspective from a younger generation that grows up with internet instead of the next boomer who still has to learn what phising is

[Anonymous No.7513686]

>>7513522
sorry sir, but why its that bad? 40k longs are a bad thing?

[Anonymous No.7513732]

>>7513686
He’s doing mental gymnastics to justify his position. It’s how you can tell the dip is over. When everyone is publically saying and wishing for “one more dip” it’s fucking over.

[Anonymous No.7513961]

>>7513686
To exit a long you have to sell the position at market. Therefore there is 40k btc of longs waiting to sell into the order book to take profit. The minute the momentum changes its a cascading effect just like how shorters got sqeezed to push the price up to 20k longs can get squeezed to push the price down.
Everyone kept shorting as btc broke 10k(shorts have to BUY at market price to exit)
You really think 40k longs will be allowed to be open from the very fucking bottom get real, market makers will move in whatever direction is best to squeeze liquidity and that is currently down.

If you’re trading crypto you should really know the basics of how margin positions work.

[Anonymous No.7514535]

>>7513686
he probably shorted and now will lose money

[Anonymous No.7514576]

>>7513961
longs don't get squeezed out in the same way that shorters do, since shorters can potentially lose infinite amounts of money. if you're long, you can only lose as much as you put in. plus human psychology is fundamentally biased towards longing

[Anonymous No.7514591]

>>7513258
>pic