Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
criptix
on 24/12/2017, 03:12:05 UTC
In the next few days the people who took in loans to buy BTC at 18-20 k will start to sell  Sad

We have seen LOTS of shorts squeezed on this rise.  When is the last time you remember seeing some cataclysmic longs squeezed to implode the price?  It hasn't happened since the price was in the $400-800 range probably. Everything is cyclical.  The draught of long squeezes has to invert at some point.

This is because with rising BTC price the value of your collateral for your leverages increases too - atleast this is my view; i usually dont use leverage.

General reminder that talky man is a sophist. He argues for the sake of arguing.

No, roach has some really good arguments even though he is our resident antisemite and shills sometimesoften way to hard for PM's  Wink