If all the degen gamblers stop making longs and all go short we will finally stop dumping lol
coinfeeds-bot on
tldr; Bitcoin’s price dropped below $91,000, leading to approximately $135 million in long position liquidations across crypto exchanges. This sudden decline exposed the risks of leveraged trading, as traders faced significant losses when their positions were automatically closed due to adverse price movements. At the time of reporting, Bitcoin was trading at $90,427, highlighting the volatility in the cryptocurrency market.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
theweeJoe on
So we back to posts every time the price goes up or down 1k?
Onsyde on
higher lows!
luckyknight216 on
Just another Friday, carry on.
Double-Treacle6308 on
Nice
AgitatedDragonfly769 on
But someone said Santa candle last week soon
SuperStonker696969 on
What is the point of posts like this? Liquidations don’t need to be posted as a thing. Every time Bitcoin goes up or down people will gain or lose money. The price is what matters, not whether or not people lost money.
Usual_Mastodon_6866 on
135m in liquidations sounds dramatic, but it’s really just leverage being flushed out. For long term holders, not much changes. Personally, I prefer setups where I can hold through volatility and still live my life, which is why tools like Oobit make sense, you don’t need to panic sell btc just to cover everyday expenses when the market shakes
Erocdotusa on
The usual weekly manipulation
SulkyVirus on
Holy shit can we get a movement going to ban these posts or move them to the daily chat thread? All I see these days are these stupid liquidation of shorts and longs. Who the hell cares!? It happens any time the price moves
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If all the degen gamblers stop making longs and all go short we will finally stop dumping lol
tldr; Bitcoin’s price dropped below $91,000, leading to approximately $135 million in long position liquidations across crypto exchanges. This sudden decline exposed the risks of leveraged trading, as traders faced significant losses when their positions were automatically closed due to adverse price movements. At the time of reporting, Bitcoin was trading at $90,427, highlighting the volatility in the cryptocurrency market.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
So we back to posts every time the price goes up or down 1k?
higher lows!
Just another Friday, carry on.
Nice
But someone said Santa candle last week soon
What is the point of posts like this? Liquidations don’t need to be posted as a thing. Every time Bitcoin goes up or down people will gain or lose money. The price is what matters, not whether or not people lost money.
135m in liquidations sounds dramatic, but it’s really just leverage being flushed out. For long term holders, not much changes. Personally, I prefer setups where I can hold through volatility and still live my life, which is why tools like Oobit make sense, you don’t need to panic sell btc just to cover everyday expenses when the market shakes
The usual weekly manipulation
Holy shit can we get a movement going to ban these posts or move them to the daily chat thread? All I see these days are these stupid liquidation of shorts and longs. Who the hell cares!? It happens any time the price moves