So idk if not all orders are there (find it hard to believe nothing is at below 5k) but seeing the buy walls, it doesnt really look like btc will ever go below 8400 again... if it breaks 8400, it will have weaker support I guess, but fuck.. I feel the DCAing days are over..
Please give me realistic bearish news (preferably for short-mid term bears that are long time bulls OR perma bulls. Not perma bears because they are literal dumbasses).
So, just want to know what are the chances on a MACRO level of btc touching 5k levels and WHY? Use technicals or something LOGICAL. Please dont just say "peter schiff says bad so it go poopoo" like a retard. Please want to hear some actual logic, preferable technicals.
Also, havent paid attention to the news, but it seems corona is not getting better and apparently a little over 30% of people are underemployed (correct me if wrong). Also, supposedly there is a new virus that has spread from europe this time that is worse than corona. All that makes me think there will be a black swan event 2.0. There are people that have not sold yet but will eventually if they are unemployed.. BUT it can MAYBE be argued they are poor retailers (iirc, retailers when talking about btc just mean people like you and me) so if they sell, it wont actually fucking matter anyways because they never had a lot of btc to begin with and whales own most of it..
So... let's hear some data and not just euphoric talking points.
Please make this a quality thread.
