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Recent Bitcoin volatility: What's the way forward?
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$Bitcoin (BTC.CC)$ just personal sharing: short term, esp. d...

$Bitcoin(BTC.CC)$ just personal sharing: short term, esp. days before halving, be careful, esp. if hit less than 68k. long term I am not worry.
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  • 104378105OP : next is 67k, vvv careful, after this point, I will look for 60-62k to buy in more.

  • 10baggerbamm : the movement in the market today is irrational it has nothing to do with any fundamentals of any equity any metal any currency or any token asset like Bitcoin. what you are going to see happen today is massive margin calls on equities because of the volatility of this week and people that use leverage margin they're going to be liquidated and it starts at 3:00 today Eastern Time. so let's suppose somebody has a $50,000 margin call and they don't have cash to bring in to satisfy the maintenance requirement the margin department will pick at their choosing whatever is in their account and they have to sell three and one third the amount of whatever stock or whatever token that's in the account in order to satisfy the margin call so a $50,000 margin call requires $150,000 of securities to be liquidated. so it's important to understand that you're probably going to see a nasty sell-off come 3:30 to 4:00 Eastern Time United States because that's when all equities are going to be liquidated no limit orders everything's a market order.

  • 104378105OP : it is just happening now, waiting for next low buy in

  • 104378105OP : looking for next support

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