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S&P 500
5,436.44
(
-0.50%
)
US TECH 100
18,394.40
(
-0.87%
)
Dow Jones
40,743.33
(
0.50%
)
Brent Oil
78.49
(
-0.10%
)
Bitcoin
66,175.46
(
-0.01%
)
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odega

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odega

Re: None

Wednesday, 05/26/2021 8:54:09 AM

Wednesday, May 26, 2021 8:54:09 AM

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Bitcoin traders using 100-to-1 leverage or driving the wild swings. Bitcoin traders liquidated roughly 12,000,000,000 in levered positions last week as the price spiraled… selling begets selling until you come to an equilibrium on leverage… if peeps don’t understand what this means I can explain it just let me know… if it starts to level out now we should starts stairstepping upward when the Coinbase peeps get online and start buying… maybe it’ll dip for us in the meantime we’ll see…
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