it is because the definition of crash that newbies like OP have is very different from definition of a crash that normal people have. it comes from their false expectations out of bitcoin. they expect it to always rise and rise big. for example if today price were $7000 they expect it to be $8000 in a week then $9000 in 2 weeks and by the end of the month they expect $10k and $100k by the end of the year.
and when that doesn't happen they consider it a "crash" and sometimes they even call bitcoin "dead" because of it!
and when that doesn't happen they consider it a "crash" and sometimes they even call bitcoin "dead" because of it!
In my bad days I set on ignore such panicking newbies, expecting most of them being paid to post FUD. But maybe I am just too harsh sometimes
but we can't just teach the obvious again and again for each and every newcomer which most of the time doesn't even care to read.who accumulated a $460 Million Long position on BTCUSD Quarterly Futures before getting liquidated.
[...]
the only problem is that this liquidation did not get filled in the market, and theres now a $420 Million overhang in this weekly settlement period that impacts all three maturities on BTCUSD Futures:
[...]
the only problem is that this liquidation did not get filled in the market, and theres now a $420 Million overhang in this weekly settlement period that impacts all three maturities on BTCUSD Futures:
Wow, interesting coverage, thank you.