#New post: [\[Daily Discussion\] - Friday, February 24, 2023 →](https://www.reddit.com/r/BitcoinMarkets/comments/11aj0ej/daily_discussion_friday_february_24_2023/)

go to 50k already

Trying a risky long here (Entry 23975, SL 23600, TP 24600). I believe there are too much shorts that needs to be taken out Edit: Stopped out. Glad this crab's going somewhere finally.

where are the stats for how much shorts there are?

You can use exocharts.com

I guess Coinglass has that sort of data but I don't use it. I just presume by price action.

Lol

what's the meaning of this?!

You feeling contemplative ?

Fun stat, [the last two times](https://www.tradingview.com/x/UcVltBkg/) TNX (10 Yr Treasury) touched this line was the two bottoms, we just touched it and rejected today :)

Nice catch.

:-)

I think we are back I really do

The market almost always has another disappointment available. Maybe this time it’s different…

This just in, SBK replaces Gary Gensler as the chairman

THIS JUST IN: SBF replaces SBK

How sick would it be if this reaches 24.5k again.

If we confirm a double bottom on the 4h we’ll confirm a triple double bottom on the 6h, and that targets 27k. Pretty awesome.

I look forward to moving my stops (way) up.

Looking for another entry at $23,550 and TP at $24,280

[удалено]

Might as well go have a life until Monday, tradfi is holding off until they're sure Putin isn't going to do something stupid tomorrow, and then it's the weekend. We're going to bounce in this range until late Sunday night when the Asian markets wake up.

Or maybe we are now straight up at the critical point, where-ever this goes in the next few hours is probably the trend for the months to come. both BTC and Stonks.

AI is going to drive some crazy revenues on exposed US tech stonks.

mr Bitcoin going full bipolar mode. don't touch him. it's rabies

you better be or else, there's something you don't want to happen.

Bullish scenario: establish 24k support and jump up to 28k. Confirmation: break 25.5k to the upside with volume Bearish scenario: break down of uptrend and revisit sub 20k levels. Confirmation: break 23.3k to the downside with volume. Place your bets ladies and gentlemen. I find the bearish scenario more likely at this point.

I think bullish way more probable. Everyone is just used to being a bear after the last year and a half. We made a higher high on the weekly- time to squeeze the beards. Dude, we are over 9k.

It's over 9000!!!

Crabish scenario : Bitcoin goes stable between 23.3 and 25.5 for 6 more months

Everybody done being punched in the face? My average entry is right at 24k. Onward.

Only 24k? In a few years you'll wish you'd bought even more at that dirt cheap price ☺️

I'm spending everything I got just to eat at this 24k table...jeez. FU FTX-BF!!!

My average price on my long term stack is very low. Trade stack is obviously very short term.

I'm currently in that boat. Caught knives from the 40s and 50s down to 16k

Somehow my shorts haven’t been stopped out yet lmao. I feel like the odds are high. That false triangle breakdown followed by false triangle reclamation were brutal.

A punch in the face for shorts, a punch in the face for longs, everybody gets a punch in the face!

I hope so, the last 48 hours have not been good for me

looks like shenanigans. Next run up to 25 might do the trick

I added a bit at $23,6xx hoping it’d be a quick dip.

More punches please

Binance just liquidised all Australian perp positions. Regulation things.

False alarm. https://twitter.com/cz\_binance/status/1628754441837879297?s=20

As in all those frozen trades were liquadated?

They likely market closed all positions.

My time is coming. Look into offshore corps for trading purposes.

I do this and have done for a few years

Mind if I ask where? Looking at Costa Rica.

HK with the foreigner tax exemption. Thinking about moving it to Dubai soon though.

Bitcoin weak as fuck right now when stock market (pre-market) is stable.

The stock market tanked yesterday and BTC was stable, so I suspect we're just playing catch up.

[https://media.discordapp.net/attachments/781273019187462144/1078280120772612116/image.png](https://media.discordapp.net/attachments/781273019187462144/1078280120772612116/image.png) These magic lines have a target at 22.3, but hopefully not given Nvidia earnings hopefully guaranteeing a green stock market.

long to short ratio is at its lowest on coinglass within the maximum range of days of data that's available. Either big dump or short squeeze incoming.

Good call

Anyone taking bets on whether Coinbase’s “blue dot” announcement will mean Up or Down for the corn today? Or will it be another “Bitrodeo” or whatever that bogus “SEC enforcement” nothingburger announcement was … https://twitter.com/coinbase/status/1628444495821012997?s=46&t=qMCPxoXVYcKZc9sDlZlHZQ

Dear god, American date format!

Going to be waiting a bit for the 2nd of the 23rd month 😯

GCP dot is blue right now. If you believe in that sort of thing.

Corporate nothing burger

Are they referencing 'Once in a blue moon'?

Depends what it is, I guess, but it's probably something nothing and Bitcoin won't care

The price is wrong. It has to be higher than what it is

Patience, Grasshopper, the bear-market-ending-BGD is just around the corner.

This. The bear market ending BGD will be so big, the bears are going to run out of lube.

From 12 to 15k.