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File: bitcoin pic.jpg (52 KB, 914x916)
52 KB JPG
This shit can't keep its limp dick above 80K for more than a few hours. We're cooked.
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File: 1689555973590437.jpg (12 KB, 493x495)
12 KB JPG
It's called supply and demand.
> but but BUT IT'S BOTS!
> IT'S CZ!
> IT'S MR ORANGE!
Can't you get it across your thick skull that your average everyday person, well actually hedgies and billionaires etc etc etc really don't care about this ugly gay orange coin fad anymore? There's all the supply out there, but nobody willing to buy aka no demand.
>>
>>62661626
>supply and demand
You mean leverage and manipulation?

As soon as enough shorts come in they pump it

And the inverse happens if enough longs come in

Imagine talking about supply and demand in 2026 dude kek...even stocks only go to a price thwt the 0DTE crowd 'calls for' (with their stop losses, of course)
>>
>>62661630
In terms of short term price swings of around 5% 24 hours or like say +30% over the past month, yes you're correct on the leverage manipulation bit. Exchanges want their money. But in terms of the long term 1y+ trajectory of orange, it's more than clear it's a supply and demand issue. Nobody cares about it anymore, at least not enough to propel it upwards like it used to in previous bull cycles.



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