so every single major dip the last 4 months have been magnified by the use of leverage. If btc drops “naturally” by 5%, but liquidations are in the billions (which they have been), then that 5% drop turns into 15%. Over leveraged apes are literally screwing it up for all of us more than just themselves. Frustrating but also somewhat positive news that onchain analytics, fundamentals, and general TA are still in play. We’ll see what happens because I don’t think these levered traders will stop

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Additional Posts in Bitcoin (BTC)

Are you going to pay for Dan Held’s newsletter now that he is going to a freemium model? Why or why not?

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Send it 🚀

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The basis of my bitcoin investing thesis

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I feel special.

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