1. massive liquidations had cleared out previous 50x and 100x longs which slows down the price from climbing at a certain point 2. the CME Gap has been completely filled which means there's no rope and cement pulling us down underwater more people who long from here are going to start to make the most profit well if they see a dip buy it and by dip I mean like a micro 5 minute 15 minute dip we actually might be safe nowthis was posted like 20 mins ago as of my 4chan thread post
>>61216331There is still a CME gap at 91k did you update you resume ? time for that Mcdonald's application, come one chop chop
>>61216331Donut underestimate the power of negative chinks!
>>61216331Once again I posit $140k by EOY with new bottom at $120k If gold continues to flounder this will have serious implications for long term institutional outlooks and decisions as Bitcoin will have outperformed easily both gold even with its generational run and the S&P by serious margins
>>61216331>twitternigger bull threadfuck sake we are going to dump
I was pretty sure the CME gap is at 10900 no?
Ain't nobody gonna fuck my butt,No bull's gonna dick me down, no-noMy short's got to keep on printin'
>>61216341I'm pretty sure that one got filled dude.... some CME gaps actually just don't get filled but big ones like this one they almost always get filled you want to talk about the worst Black Swan and the reason why Bobo posters still exist saying it's going to zero is that there was technically an unfilled CME Gap way down I'm talking like double digits but it won't go to that until like the whole entire thing is shut down see there's too much resistance upward movement to push it down to that point
>>61216349shit at this point even eth is outperforming gold
>>61216357 yeah there seems to be one but its pretty small
>>61216381nvm it got filled
>>61216365Nope, it's still not closed yet
>>61216331I know that CME gaps are a funny meme to troll with, but is there actually any logical reason why the price should go back in time to where trading was halted on an exchange which produces 4% of totam bitcoin fututes trading volume? (13.58B out of 336B total).
There is a CME gap at 3k and all gaps MUST be filled.
>>61216381Nigger what are you saying. The gap closes when we hit 110990
>>61216465there is not logic really, as usual it's just jewry tricks to liquidate longs
>pseudoscience
>>61216465>any logical reason why Yes. They have the most money. Whoever has the most money decides where the price goes. Especially Bitcoin because it's illiquid as fuck. Do you ever notice what happens when the opening bell floodgates open? All trading is noise until US markets open and close to decide the short-term trend / price.
>>61216605>the most moneynot only do they have the most money, this being CME futures, they can leverage: they are also able to *borrow* the most money