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12844320 No.12844320 [Reply] [Original]

This lead up of buys into the ETH fork & sell after is similar to the BCH fork, but stronger than the pre-BCH fork move. This has just made positioning more extreme, $ETH margin longs (traders) at ATH, & set up the subsequent drop to $2k to be potentially that much more violent

>> No.12844328

bc shorts are at extreme lows & the amount of margin longs is insane--those margin longs will turn into margin call panic liquidations soon. Alts across the board are not breaking above their $6k retest levels--nothing's been invalidated. The "I told you so's" are coming from people who mostly got killed trying to sword-catch the drop from $6k to $3k & in then first sell-off from the X-Mas retest. They're bullish most of the time & now that this rally has gotten overextended, the bear market is apparently possibly over. That's their criteria--price went up so the entire market might go to new ATHs. Overall, this is still a break-and-retest of the $6k $BTC break. One test is usually enough, but w help from the $ETH fork run-up, this is a 2nd test of the breakdown. No technical change, & certainly no fundamental change.

>> No.12844364
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12844364

>>12844320
>Be op
>Pull dick from mouth
> Post flawless Adam and Eve
> Compare to single unrelated time period
> Muh daily reminder
> Muh farks
> Solid proof goys
> Places dick back between lips
Sage