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/biz/ - Business & Finance

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File: 11 KB, 411x387, suspicion.png [View same] [iqdb] [saucenao] [google]
8760744 No.8760744 [Reply] [Original]

So observing the last weeks, one can safely conclude that there are obviously several whales who are unwilling to let BTC go below 6500.
Why?

>> No.8760757

6500 is where the last support breaks until 4200. They can't afford to let it go lower.

>> No.8760780

>>8760744
I don't share that sentiment, I just think it's just slow, so people start buying dips but eventually dump, rebuy lower do the same.

>> No.8760781

>>8760757
Why would breaking the 6500 support make it spiral to 4k? I keep seeing people mention it'll go to 4k too.

>> No.8760811
File: 8 KB, 206x206, crashes your market.jpg [View same] [iqdb] [saucenao] [google]
8760811

>>8760780
There is literally a huge fucking green dildo every time we hover over 6500 since pic related happened

>> No.8760818

>>8760781
If it breaks 6500 it will go to 4k and if it goes to 4k it will go to 100K eom guaranteed.

>> No.8760836

>>8760744
>What are mining costs

>> No.8760855

>>8760836
So it's the mining cartel. That makes sense.
Thx