Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. johnarb

    johnarb

    It's cool :D GME and MSTR are not cryptos, so those are non-relevant threads (imho)

    I responded to you on this thread because previous post to yours was interesting, don't know about charts, but seen comments like breaking out of ascending triangle? could be something good, but I don't know

    Of course tonight, we got Asians awake and dumping again. They have not been the region to pump cryptos lately, but the sellers, probably initiated by the Chinese miners and followed by the weak hands burnt by 2018 bear market

    Our savior has been the US buyers lately, when GBTC starts the buying spree for their institutional investors and we get the big numbers end of the week, fwiw :cool:
     
    #2931     Jan 28, 2021
  2. johnarb

    johnarb

    In case anyone's awake... Elon tweeted bitcoin and literally btc is going crazy right now, just crossed $37K... :D
     
    #2932     Jan 29, 2021
    jys78 and Trader Curt like this.
  3. Pekelo

    Pekelo

    What was the tweet? I see one tweet that doesn't say anything really.

    Edit:
    @ElonMusk
    changed his Twitter bio to simply "#bitcoin

    Anyhow, the trading related info here is this:

    "It all depends on the order book. While I am writing this a mere 600BTC market sell order on coinbase would bring the price down to 32.000USD. So, less than 20 million USD. That's pocket change for the big boys."

    So a HF guy could manipulate the market up and down 15% with 20MM. Granted, this is one exchange only.

    As a comparison, GME closed at 197 and trading overnight above 400. :)
     
    Last edited: Jan 29, 2021
    #2933     Jan 29, 2021
  4. Trader Curt

    Trader Curt

    It's 5am where I live right now, I can only imagine the fomo that's about to happen when investors in America start waking up:D
     
    #2934     Jan 29, 2021
    johnarb likes this.
  5. johnarb

    johnarb

    I think real fomo will begin if Elon confirms he put some of Tesla's treasury reserves into bitcoin :D
     
    #2935     Jan 29, 2021
    Trader Curt likes this.
  6. orbit23

    orbit23

    Sell everything.. this is IT. This is historical peak. The retardation&euphoria is insane, get the fuck out. 37k$ bitcoin, OMFG, might never get there again!

    The stocks and crypto both. Historical top is being put in place.

    Elon musk is not your friend he is luring all of you in, imagine being so stupid lol.
    (remember when he said "tesla stock too high", "private sale at 420".... he is the biggest manipulator out there)
     
    #2936     Jan 29, 2021
  7. easymon1

    easymon1

     
    #2937     Jan 31, 2021
  8. I think the price of BTC is going to drop from hereon.

    Lots of people and institutions have jumped in but it's too much money already.
     
    #2938     Feb 1, 2021
  9. SunTrader

    SunTrader

    You don't say. "Lots of people and institutions ..." you noticed. :confused:
     
    #2939     Feb 1, 2021
  10. easymon1

    easymon1

    Last edited: Feb 1, 2021
    #2940     Feb 1, 2021