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24434136 No.24434136 [Reply] [Original]

>BTC will have a correction after 20K
For:
>It has happened in the past
Against:
This year: mega whales and institutions driving the run, FOMOs will only accelerate the growth. FOMO bears don't have enough power to send the market back into a proper correction because the majority of drive is coming from big players who are buying everything and they aren't going to stop.
The latter seems to be the correct option

>> No.24434272

Kek at actually believing the institutions hype. You must be a newfag that has no financial experience. See you on the way down.

>> No.24434318

>>24434272
>Kek at actually believing the institutions hype. You must be a newfag that has no financial experience. See you on the way down.
Nice non-argument

>> No.24434347
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24434347

>>24434136
>institutions driving the run
>majority of drive is coming from big players
do we have any concrete evidence of this? like... are all those 0.01 BTC transactions on binance right now really "big institutions" driving things? not asking rhetorically, just playing devil's advocate

>> No.24434402

>>24434347
>do we have any concrete evidence of this? like... are all those 0.01 BTC transactions on binance right now really "big institutions" driving things? not asking rhetorically, just playing devil's advocate
They are buying all the newly mined BTC as of last week; it's even more bullish now.

>> No.24434487

>>24434347
Saylor said he bought his over small transactions every second over two weeks . I forget which video tho . It was some interview

>> No.24434575

>>24434318
You literally made an even worse argument.
You:
1.History Repeating.
2.Line go up for ever cause muhh institutions.
Your delusional with an even less inciteful case. History is proven to repeat itself & institutions aren't stupid enough to buy the top (which is where we're at the moment).

>> No.24434587

>>24434487
That was his interview with Raoul Pal, the twoish hour long one. Makes sense: You wouldn't want to spike the market in one hit with that much cash.

>> No.24434619

>>24434575
Nope not my argument. Those are the summarized versions of the two most popular arguments going around. Try again.

>> No.24434657

>>24434619
It quite literally is exactly what you said in your post which you took the latter of. How blind and stupid can one be.

>> No.24434938

>>24434575
300k is the top you moron. 20k isntshit

>> No.24434988

>>24434136
All my rich friends are buying bitcoin all the way down to 13k so that supports your against argument

>> No.24435058
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24435058

>>24434136
do you realise once we break 20k, it will be new ATH every week?

>> No.24435134
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24435134

>>24434136
i just don't see this playing out considering current market sentiment and fundamentals but it's the only reasonable bearish scenario