/biz/ - Business & Finance

Bitmex just liquidified the longs, kek!

>>8389055
Is Bitmex seriously doing this? It seems to be run by only a few people, wtf?

>>8389115
It's a meme, bitmex price has no impact on the market's price
this was done purely by whales.

>>8389040
So now we go up?

well actually OP, yo should be thanking the exchanges

the only reason bitcoin doesnt go to $0 is because there are people shorting

>>8389040
THAT GREEN CANDLE WAS ACTUALLY THE EXIT PUMP, WE ARE ALL FUCKED, AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>8389040
Classic chat patterns there OP ita not the jews, its you. Learn some TA, they're double tops dojis and titties everywhere fucking at every top it's it's textbook. Just buy and hold clearly you have no fucking idea as to what you're doing oh and don't buy xbt it's a complete shitcoin at least pick some solid fucking projects hell just go off Palm Beach confidential shills if you really are this bad at picking coins. I mean fuck pick CND since you're clearly brain-dead and just buy up 200,000 of them and you're set you know don't have to engage that Pajeet level mind of yours itll win for you just do as it says.

>>8389230

You can manipulate the market in let's say Bitfinex and collect your gains with leverage on Bitmex.

Or you can have data on liquidations positions and manipulate the market even easier. There is a lot of ways to do this and I highly doubt there is no one trying to do this given how much money is in stake.

>>8389040

Price found a lot of resistance at the top of the 1H Ichimoku Cloud, now it's falling to test the bottom where it is currently holding on by a thread.

Case for the bulls: If the bottom of the cloud holds, it's confirmed as a bottom to retest to the top of the cloud at the 8600 level, and once that is broken through, we are good for upside as high as 96 (but more realistically 92).

Case for the bears: If the cloud fails, we are well on our way to test new lows.

Wait for the breakout up and down, but if you're feeling bullish, could be a good place to enter a long.

>tfw you get BOGGED

>>8389394
>he knows
>kill him

>>8389055
>liquidified