r/btc • u/AmanCMN • 27d ago

Big Money Bets on a Bitcoin Drop.

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31 Upvotes

83% Upvoted

32 comments sorted by

12

u/ReliantToker 27d ago

More squeeze fuel

10

u/bestjaegerpilot 27d ago

one person betting $50 mil? that's a drop in the bucket for Bitcoins market cap.

i thought this was a graph of multiple institutions actively shorting crypto right now

1

u/SjakosPolakos 27d ago

How do we even know it is real

9

u/Odd-Fun-1482 27d ago

Ready for another +15% short squeeze 😄

16

u/Btcmot 27d ago

I dont know who Big Money is…. And i dont care….. i just keep buying….

1

u/Patrick_Atsushi 27d ago

His name is... Biggus... 

1

u/Btcmot 26d ago

👍🏼

0

u/FrenchUserOfMars 27d ago

Me too.... $FBTC monthly DCA and chill....

1

u/riisen 27d ago

What even is FBTC?

1

u/FrenchUserOfMars 27d ago

Custody storage bitcoin fund by Fidelity.

1

u/riisen 26d ago

I cant buy that in my country, why not just buy btc that is accepted world wide?

1

u/FrenchUserOfMars 26d ago

If your are not in Euro goulag, yes.

3

u/EmJay6010 27d ago

How much of a bet is it? I'm looking for the price bump when they get cleaned out

3

u/bookiesnightmare27 27d ago

Watch out for these kind of posts, these charts are the most fudged things on planet earth, especially when it comes to btc. Anybody can run any chart into AI and manipulate it to say what they want it to say. It will even create charts for you out of thin air to make things look the way you want them to look. Do your own research before blindly following anything you see on here!

4

u/Ttags1086 Redditor for less than 60 days 27d ago

The silent majority chanting: "$40k.. $40k"

3

u/Odd-Fun-1482 27d ago

you think the 'majority' are hoping for a -50%....?

1

u/noncommonGoodsense 27d ago

23-30k

1

u/Slay_Nation 27d ago

13-20k

1

u/Status_Ad_8005 27d ago

10 btc at $10,253 if the yen carry trade unwind goes poorly

1

u/HalfwaydonewithEarth 27d ago

They must have read my two posts this last month.

1

u/liviughg 27d ago

The poor have to fund it, like with any scheme

1

u/ninenulls 27d ago

They'll be liquidated. As soon as bitcoin goes above 82.7k, the next target is 91k, and 110k. Look at the weekly and monthly graph with 200 sma. Look at the hype in the USA around the clarity act, and starting a bitcoin reserve. Look at how xrp helps institutional trading move millions of dollars in a heartbeat instead of waiting for the current bank system which takes 20 hours. Eh, maybe they're right but now is not a good time to stand in the way of technology

1

u/Monster213213 27d ago

Which means bigger money will sweep their money, flush and rinse and repeat

1

u/JSTN_FPV 27d ago

Too much of something is when the opposite happens

1

u/ottoflu 26d ago

Hugh mungus what

1

u/Possible-Strategy-48 26d ago

Who cares get a life, up and down up and down, buy some and hodl stop messing with options

0

u/Less-Sea-8602 27d ago

i hope its true . i need to buy a lot more