Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Quote from: LoyceV on Today at 11:00:24 AM

Quote from: strawbs on Today at 10:50:02 AM

I just love the fact that El Salvador laughs in the face of this dip and buys more.

For every seller there's a buyer Wink

I understand the buyers: if something went from $68k to $48k, that's a great bargain!
I totally don't understand the sellers: if you didn't sell at $68k, why on earth would you sell at $48k?

Becasue you are leveraged up the arse. And then the ones who are inexperienced. Don't worry they'll buy again near the ATH.