LoyceV
Legendary
 Online
Activity: 3304
Merit: 16620
Thick-Skinned Gang Leader and Golden Feather 2021
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Yep, as poor as last week  |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 15, 2024, 10:03:22 AM |
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  ExplanationChartbuddy thanks talkimg.com |
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aesma
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March 15, 2024, 10:11:28 AM |
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-9.6% from the ATH. Perhaps Binance/Bitfinex longs squeeze? At least I don't see anything suspicious about Coinbase or ETF outflows. But there always will be manipulators in these two exchanges specifically, perhaps related to the 'house'. It has to be someone familiar with all complicated positions/options, etc. It is funny that there will always be plenty of victims who manage to lose big amount of money even in the most stable and long bull run in the history of Bitcoin. Imagine if these billions of fiat lost each day were invested at the price of 15K a year and something ago. That would be 4.5x profit. But the lack of knowledge and wider perspective leads to gambling and always losing.
I wonder who is using leverage on BTC in 2024. I used to do it and it was exciting, for a few months in a row I had done more than 1 million $ in trades per month. I managed to not lose money, but I didn't earn any either, only the exchange was making money. Also at the time (2017 I think) I could see my ~1BTC orders move the market so that was exciting, now I doubt that still would do the same. |
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bitcoinPsycho
Legendary
 Offline
Activity: 2478
Merit: 2078
$120000 in 2024 Confirmed
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Yes Yes this is the Bitcoin I know and love. Bring it on  |
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BitcoinBunny
Legendary
Offline
Activity: 1456
Merit: 2494
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March 15, 2024, 10:24:45 AM |
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Oh well, it was fun whilst it lasted boys.... I'm phoning Peter Schiff from the esteemed Schiff Gold immediately and asking him which old man boomer rubbish bin I should waste my money on.  |
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Paashaas
Legendary
Offline
Activity: 3428
Merit: 4349
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Pre-halving crash to sub $60k ore even $50k initiated.
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 15, 2024, 11:01:16 AM |
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 ExplanationChartbuddy thanks talkimg.com |
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Lucius
Legendary
Offline
Activity: 3234
Merit: 5646
Blackjack.fun🎲
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March 15, 2024, 11:13:44 AM |
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Nothing terrible happened, a completely normal correction that will only slightly delay a new ATH. If someone is looking for reasons, these seem logical : Data from CoinGlass shows that over $100 million in long positions have been wiped out over the last 12 hours, while $167 million in longs have been liquidated over the last 24 hours. Other assets like gold and Wall Street's tech-heavy index Nasdaq have also come under pressure this week.
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 15, 2024, 12:03:25 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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criptoevangelista
Sr. Member
Offline
Activity: 252
Merit: 517
In ₿ we trust
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March 15, 2024, 12:26:36 PM |
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BitcoinBunny
Legendary
Offline
Activity: 1456
Merit: 2494
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Come on Saylor, buy another couple of billions worth.
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dragonvslinux
Legendary
Offline
Activity: 1666
Merit: 2204
Crypto Swap Exchange
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March 15, 2024, 12:37:46 PM |
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What the hell is going on with these dumps? An effort by certain forces to keep the price low or just normal selling? Seems kind of orchestrated to me, 2 decent recoveries then smackdowns, I haven't seen that kind of price action for a while. I guess it could just be all the degen future traders. Anyway clearing out the weak hands around the former ATH is probably a good thing.
Pretty sure this is "usual" selling, the momentum has slowed down since $60K/March, around $800m long liquidations in past two days, and now wicked off 20 DMA around $66K, which is basically the first level of real support (and hasn't been testing since late Feb when price bounced off it). Price still looks bullish above $60K, even if there could be concern over a fake-out high at that level, it's too early to tell. I think sometimes we forget that even in late 2020, after reaching close to ATH, there was still a couple of weeks of consolidation and wicks to the downside (upto -16%, similar to last week), especially when in considerably overbought territory like we were back then and are still in now. Would of been better to see the correction prior to new ATH rather than after, but you get what you're given. Otherwise seems very reasonable and appropriate for ATH leverage traders to get rekt  Ever notice how with every dip the MSM tries to attribute it to some news? So what's this dip? The news that Craig Wrong is not Satoshi?  Would have thought this would be good news to be honest! |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 15, 2024, 01:01:19 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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BitcoinBunny
Legendary
Offline
Activity: 1456
Merit: 2494
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March 15, 2024, 01:05:49 PM |
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Making my own shit coin. Craig Wrong With Hat.
The ticker will be SHITE.
It's gonna go to the moon ya'll.
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vapourminer
Legendary
Offline
Activity: 4326
Merit: 3536
what is this "brake pedal" you speak of?
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Making my own shit coin. Craig Wrong With Hat.
The ticker will be SHITE.
It's gonna go to the moon ya'll.
shaddup and take my money already!!!!!!!! |
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El duderino_
Legendary
Offline
Activity: 2506
Merit: 12077
BTC + Crossfit, living life.
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March 15, 2024, 01:23:02 PM |
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Pre-halving crash to sub $60k ore even $50k initiated.
Love those calls from you Been off the whole rally Hoping for another misser Meanwhile been hitting the CrossFit daily and hard |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 15, 2024, 02:03:25 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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philipma1957
Legendary
Offline
Activity: 4116
Merit: 7862
'The right to privacy matters'
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March 15, 2024, 02:52:31 PM |
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corn is on sale today get yours.
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BitcoinBunny
Legendary
Offline
Activity: 1456
Merit: 2494
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It currently costs 8 BTC to buy a property in Portugal to get a golden retirement visa.
This is a big change from last year at about 25 BTC for a large part of the year.
Once it costs around 0.5 BTC I'm off and going to enjoy better year round weather.
#LifeGoals
Edit: terrible maths...
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