Market is crashing but longs keeps increasing

What does this mean?

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dude they are obviously fucking hedging, is it not obvious?

Divergence is usually bullish idk

Bitcoin is a hedge against inflation.

More liquidity for bears to short

>Bitcoin is a hedge against inflation.
>real inflation: 10-15% y/y
>btc price: -23% y/y
>gold price: -0.25% y/y
toppest kek

It’s a hedge against inflation. Not a global recession.

how is it a hedge against inflation when it goes down faster than the market? inb4 muh 1 btc = 1btc

It means the market is full of gamblers

zoom out

Just think how much worse the market would be crashing if there were no leveraged long slurpers?

Catching a falling knife

catching knifes usually turns out good

i don't get this market anymore, either the whales are colluding for a massive pump like july last year
or we are about to see a truly massive long squeeze, because if those longs get liquidated then 5k btc is bear fud

Lmao nigger btc does even worse than inflated paper dollars. Niggerlicious thinking as usual from xoomers.

>i don't get this market anymore, either the whales are colluding for a massive pump like july last year
Are you stupid or something?
The pump last july was due to liquidation of shorts. Shorts right now are nowhere near what they were las year.

thats a story thats been thrown around a lot, but its not true
giving we are today in june you can still see it on datamish
shorts got burned a week before the bottom and pump happened, it wasn't a short squeeze it was whale collusion

>trusting Bitfinex short/long public data
They could be literally manually editing the feed for all we know.

>doesnt know big players and institutions always hedge

Its mathematical.

it's literally just arthur's lies, but mechanized and on the internet

Hedge against your bets or try to make up for losses holding by catching a knife and getting a ludicrous long trade, effectively lowering your buy in, it's simple. Doesn't mean this can't crash to 20k.

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the crypto blackpill

Back to tiktok

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That we still have so much farther to crash. We don’t bottom out until the moon faggots stop longing and shorts overtake longs