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

/biz/ - Business & Finance


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9383673 No.9383673 [Reply] [Original]

Why are btc shorts going down despite it looking like a crash to $7000 or lower?

>> No.9383701

>>9383673
Because people are learning.

>> No.9383707

>>9383673

Because it wont

>> No.9383710

we are in a bullmarket until jan.. consesus soon

>> No.9383858

>>9383673

can someone explain to a brainlet why the price for shorts is so high?

>> No.9383886

>>9383858
Because the big players know exactly how many tens of billions are going to be pumped into it starting Monday for consensus.

>> No.9383922

>>9383886

i may be a brainlet but i know when i'm being memed on

>> No.9383946

every professional trader I know is going long at 8200 or thereabouts

>> No.9383950

>>9383858
they are comfy and easy to wear :)

>> No.9383959

they're doing it the right way short high cover low. /biz/ is short low get liquidated

>> No.9383969
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9383969

>>9383922
Well damn I tried. Have a roastie.

>> No.9383997
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9383997

>>9383969

>> No.9384017
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9384017

>>9383950

>> No.9384054

>>9383673
Because it's gonna be a reverse part and everyone knows.

>> No.9384112
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9384112

>>9384017

>> No.9384128

>>9383858
That's not the price of the shorts, that's the number of open short positions.

>> No.9384142

>>9383673
because it's not going lower and this drop was a long squeeze. We're primed for 10k+ bucko

>> No.9384144
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9384144

>>9383858
>price for shorts

>> No.9384155

All the bears have been barted into liquidation

>> No.9384171

>>9384128

thanks anon.

>> No.9384179

>>9384142

Longs are only down 26 though.

>> No.9384208

>>9384179
KEK

>> No.9384226

>>9383673
Because nobody follows the "take risks when there are blood in the street" meme

>> No.9384252

>>9384179
I know it's beautiful. It shows how confident and bullish everyone is.

>> No.9384280

>>9384252
KEK

>> No.9384605

>>9383673
From which exchange is this?