It would be funny if the game happened at ATHs or better yet in shitcoins. At the bottom, you know that the game scares and hurts the most vulnerable fresh retail traders who do not quite know yet what they are doing, just think they do not have enough bitcoin. So the game is quite mean. It is like "ha ha ha we fcked the first graders". Except you are playing not in a simulation, but on true lifes, true beliefs, on people who maybe left their successful lifes in the fake matrix to pursue the hope of bitcoin after being rejected by all their close ones.
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I hope you understand that by the game I mean shorting big in a bad situation and publishing it to scare and fool all the small fish.
Hearing 83k is the bottom is very pleasant to me at this stage. 58k is the floor tho. 🤭
Would you want weak hands to hodl bitcoin?
If you are right, then supercycle is very very far away still. But if you are right about this, then where will the open interest be at those prices? It is already below the summer highs.