WTF is now wrong, all cryptos down?

[jorge]

What’s going on now? Today, all cryptocurrencies are dropping after showing nice gains over the past week. Are the large investors cashing in their profits now, or what is the reason?

 

[JohnnyDoe]

Btc is dying of course

 

[aniglo22]

Sorry I sold too much .
Should've known ..

 

[cherry]

You call this down?

 

[void]

textbook bear market sign

let's blame Bhutan gov - they deposited 365 BTC to Binance - maybe they got a consult from Germans and are up to something...

 

[derogsearch]

don't worry, it's completly normal. Btc will drop to around 85k to liquidate the positions, then it will go up further.

boring marketmaker work..

 

[diatessaron]

Zoom out please. When you're too close even a flea looks as big as an elephant.

 

[brianK]

Your doomed

 

[toums]

What’s going on now? Today, all cryptocurrencies are dropping after showing nice gains over the past week. Are the large investors cashing in their profits now, or what is the reason?

newbie in btc/crypto, right?

 

[Dreamy]

Anyway, I can't force myself to buy in these prices

 

[void]

Anyway, I can't force myself to buy in these prices

you think it will be easier at 150k?

 

[intlman]

Who cares.

Stay humble. Stack sats.

 

[EliasIT]

Anyway, I can't force myself to buy in these prices

I bought at 87K

 

[kislokan]

More chop until the next leg up

 

[void]

let's blame Bhutan gov - they deposited 365 BTC to Binance - maybe they got a consult from Germans and are up to something...

those idiots really did it...


https://ambcrypto.com/bhutan-cash-out-367-bitcoins-for-33m-this-is-the-reason/

 

[JohnnyDoe]

those idiots really did it...


https://ambcrypto.com/bhutan-cash-out-367-bitcoins-for-33m-this-is-the-reason/

Retards suffering from high altitude hypoxia

 

[EliasIT]

those idiots really did it...


https://ambcrypto.com/bhutan-cash-out-367-bitcoins-for-33m-this-is-the-reason/

Why do you consider them idiots ?

 

[void]

Why do you consider them idiots ?

I doubt that Bhutan government needs 33M (they cannot get another way) to spend for something sensible - as it would be the only excuse to do something like this

or maybe some government expert wanted test the whole process of cashing out through Binance and forgot to switch the units in the "state bitcoin wallet" from bitcoins to sats. what do I know...

 

[JohnnyDoe]

Stupid sinners.
Discovering the art of waiting – the importance of patience and impatience in Buddhism

 

[elcontestador]

I bought at 87K

oof FOMO? It was like 55k in September