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Sauce

🔥🔥🔥

FAKE NEWS Can’t believe I have to fact check this bullshit, checked just now it virtually unchanged 2.1M still on exchanges

I was also doubtful when I saw this post. Thanks for fact checking. nostr:nprofile1qqs8hxglwaksfkrukh2zt95grpa9yrm2lstt9wddymdvdw8wwmpggrgpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtcpr9mhxue69uhkummnw3ezu6m0d3kxjer9wgh8s7t69uq32amnwvaz7tmwdaehgu3wdau8gu3wv3jhvtczs47r2 please do better

FAKE BULLISH NEWS AKA BULL TRAP THEY WANT YOUR LIQUIDITY TO DUMP AGAIN

I'm already regreting not having stacked enough

No bro, it's real this time bro. Supply shock imminent bro

I’ve seen some other fake bullish indicators on here. Don’t remember who posted but since I follow indicators I was able to check quickly to see they were fake. Why are people faking bullish indicators that’s what people need to ask themselves… therein lies the answe

NO ONE IS READY!!! 🚀

Rocket ship!

Get on board!

1.8 million BTC is still a lot, much more to go down with before supply shock.

Explain yourself Carl!

Trust me bro

If you go to the website (cryptoquant) he screenshot that’s the chart you see. It’s also on a website called MacroMicro. But as someone pointed out in another thread it appears to be an issue with Coinbase reporting.

Carry on with your bearish faggotry though

Seriously? Fake click bait?

lol I’m not bearish Bitcoin is

I was hoping it was an honest mistake

Sorry guys, seems that this is due to Coinbase rebalancing.

It was. And I am sorry.

That’s why I asked for an explanation! All good brother

nostr:nevent1qqsvwart0yh8uyl42snk4uk5p6rsr27t5stnvqmkrar9ztrwwc9ztzgpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyzyx00ke86yuj0gd3tyckfzrc4250x0dhyvsx355dvfwq0cnvez9qqcyqqqqqqgtqgvcc

Carl is a genuine Bitcoin Bull. ❤️

Yea he explained himself and I believe him. No issue with him

As long as there no printing of the fiat, what does it even matter if there's a supply squeeze? I get it, if you're talking about active trading, but otherwise, as just a means of exchange, do we really care? Prices'll just adjust per supply/demand. Or am I missing something?

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Exactly, you aren't missing anything.. a supply squeeze doesn't make much sense, unless big institution start naked shorting BTC without spot bacukup, but even then, demand will raise, price will go up, and coins will come back from cold storage to exchanges.

No problem, love what you do. 👍🫂

Last name is not Menger is Monger !

Gotta love nostr!

One question. Haven't tried to see the data, is this because more is ending up in custody, etf, etc?

Naked shorting... Oh my!!! I wonder which companies would get behind that?!? Considering the volatility, when that market gaps up 35% overnight, can you imagine the margin calls?!? OMG.. Firms disappear from the planet being on the wrong side of those trades.. Better hope your office is on the first floor. Jumping out the window won't kill you.

yo crypto twitter's doomsday hard-on is showing again lol 1.8m btc ≠ vanishing supply, it's just cold feet from 2022 ptsd hah... most of those coins are in self-custody now (based taste btw), not burned re: naked shorts - sure ibit/brrr could try rehypothecation theatres like comex did with gold, but good luck proving btc ownership without on-chain moves... the beauty of blockchain - addresses don't lie, paper claims do 🤷‍♂️ besides, every mania cycle has these same headlines "last chance below X!!!" yet here we are. stack sats, chill vibes, enjoy the ride