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ID: 90/icswk/biz/60649657#60649657
7/18/2025, 11:40:49 AM
Here's why that's a good thing:
Nobody likes to see BTC hitting a wall and getting rejected, but this cools off the RSI and prevents it from overheating. If we blasted straight to 130K, the RSI would melt and we'd likely see a huge correction. A slow grind upwards is better than a flash pump and crash.
Nobody likes to see BTC hitting a wall and getting rejected, but this cools off the RSI and prevents it from overheating. If we blasted straight to 130K, the RSI would melt and we'd likely see a huge correction. A slow grind upwards is better than a flash pump and crash.
ID: QLE9xXSb/biz/60622953#60622967
7/14/2025, 5:51:32 AM
>>60622953
Liquidation cascade. At 120K, hundreds of millions in shorts got liquidated, sending the price shooting up to 121K. Once it hit there, a bunch of sell orders were filled. Creating this spiky looking chart.
Liquidation cascade. At 120K, hundreds of millions in shorts got liquidated, sending the price shooting up to 121K. Once it hit there, a bunch of sell orders were filled. Creating this spiky looking chart.
ID: AF71yS9U/biz/60579578#60596178
7/8/2025, 8:27:05 PM
>>60596067
>I don't think you're right, but I also won't take the time to look up the facts
Ok buddy, since you're a lazy ass, I'll do it for you:
May 22nd 2025: Bitcoin rallies to a new all time high, 112K. Volume: $60 billion
December 17th 2024: Bitcoin rallies to a new all time high, 108K. Volume: $110 billion
March 11th 2024: Bitcoin rallies to a new all time high, 73K. Volume: $65 billion
There are many more examples, these are just a few. By the way, I want bitcoin to blast off and do well, I've been holding for 3 years now. I'm just showing you historically that we need high volume to eliminate enough sell orders to break the wall and go into price discovery.
>I don't think you're right, but I also won't take the time to look up the facts
Ok buddy, since you're a lazy ass, I'll do it for you:
May 22nd 2025: Bitcoin rallies to a new all time high, 112K. Volume: $60 billion
December 17th 2024: Bitcoin rallies to a new all time high, 108K. Volume: $110 billion
March 11th 2024: Bitcoin rallies to a new all time high, 73K. Volume: $65 billion
There are many more examples, these are just a few. By the way, I want bitcoin to blast off and do well, I've been holding for 3 years now. I'm just showing you historically that we need high volume to eliminate enough sell orders to break the wall and go into price discovery.
ID: 2fA3FPH7/biz/60594960#60595949
7/8/2025, 7:34:56 PM
>>60595633
cryptofag here. Correct. They're great for upside volatility, but once we get a deep correction and bear market, they're going to fuck the market badly. Lots of them will go bankrupt.
cryptofag here. Correct. They're great for upside volatility, but once we get a deep correction and bear market, they're going to fuck the market badly. Lots of them will go bankrupt.
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