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jc_811
And yet… the price of Bitcoin has surged the last 24 hours? This doesn’t pass the smell test, I feel like something fishy is going on
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paulpauper
Zoom out. Dead cat bounce after being oversold relative to tech. it bounces between 30k-25k since march. it probably will be lower soon after support breaks . The news is getting worse, and more regulation to come.
gregjor
Something fishy always going on with crypto. Scammy and fraudulent almost by definition.

Probably more pump-and-dump, wash trades and whales dumping or preparing to dump.

paulpauper
bitcoin goes up fast and goes down faster or as fast. same pattern forever
stripykitteh
Could be people moving funds off Binance in BTC, could be Tether buying up BTC for a short squeeze.

Short-term trading in crypto is gambling against the house where the house decides the results based on whatever gives them the most profit.