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/biz/ - Business & Finance

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9935214 No.9935214 [Reply] [Original]

Why is it we magically had tons of buying on the way up to the most recent $10k and now not a single soul wants to buy at $6400?

>> No.9935247

People buying the uptrend / reversal. No one wants to buy in now for fear its going to collapse further.

>> No.9935267

>>9935214
Normies got BTFO and now only institutions are interested in slowwwwly crawling in.

>> No.9935275

>>9935247
this. I'm sitting on USD right now. Riding waves in crypto is pretty easy.

>> No.9935413

So we can assume most sold their coins, probably at a loss, and want to buy sub $6k

>> No.9935443

>>9935413
>sub $4k
that's what everyone is aiming for because that's where it will be by EOY

>> No.9935475

>>9935275
and you will run after the train
faggot

>> No.9935492

>>9935214
The volume last year was mostly bots/wash trading/printing tether. Now that regulators are sniffing around those days are over.

>> No.9935509

China isn't back in yet (officially)