another session of americans just relentlessly selling

honestly, fuck them

i highly encourage to stay away from (any) leverage on (any) asset on (every) centralized or decentralized exchange

Absolutely diabolical level of retard

Strategy has acquired 8,178 BTC for ~$835.6 million at ~$102,171 per bitcoin and has achieved BTC Yield of 27.8% YTD 2025. As of 11/16/2025, Strategy hodl 649,870 BTC acquired for ~$48.37 billion at ~$74,433 per bitcoin. — link

chat, this shit looks cooked for a while

real bullrun was friends we made along the way, right?

unlike Saylor, I will go down with the BTC ship

https://x.com/DegenerateNews/status/1990648017657971133?s=20

so now not only Larry Fink is selling, Saylor is broke & satoshi era OGs are nonstop selling

now also Mt.Gox is moving billions in coins...

god damn lol

Twitter is down, OpenAI is down, crypto bags are down

lmaoo

Nvidia earnings tomorrow seem to be a big pivotal event that should give us direction in the short term

There is a lot of fear regarding "AI bubble"

Senators push for probe into Trump-linked crypto firm over token sales tied to North Korea and Russia

https://www.cnbc.com/2025/11/18/senator-probe-warren-trump-crypto-world-liberty-financial-usd1-wlfi-ties-north-korea-russia-iran.html

another plane hit the tower

there isnt much to add to this anymore

everybody here read many times over, that Bitcoin is being aggressively sold by OG wallets from Satoshi era, BlackRock has had biggest outflow day, Saylor is without money (blabla, just repeating myself)

= more sellers than buyers,

I do have a lot of BTC spot longs and perp longs, but find it naive & stupid to increase my own exposure anymore, while TradFi is headed towards ATH, and we lost every "support" I had on my chart

I do not mind holding BTC for multi-month period if needed, but I am really struggling to find (any) bull-thesis for crypto, because everything seems to have been invalidated

TLDR:
- im long spot BTC
- will buy more spot BTC (but much much lower)
- was wrong about the bounce 🤷‍♂️
- bears are gay

to me right now its about "When" rather than buying "picobottom"

entire rally from January 2024 was on the backs of ETF inflows and Saylor ability to raise tens of Billions of dollar

reality is, as of today, ETFs are selling a LOT, and Saylor is going on national TV getting others to buy and tweet shit like "HODL"

reflexivity works both ways

Someone is trying really hard all US session to push this a LOT lower

This is the easiest example of orderflow i have even seen, just market selling all day long

Its Binance by the way (being the absolute biggest seller)

what surprises me the most, there are close to no "short covering" in all of this dump, just more and more sellers

Kraken Raising at 20b val
Kalshi Raising at 10b val
Polymarket Raising at 14b val
DATs raised fuck ton of money ( just to buy the top lol)

if only these big funds who invest into space actually bought BTC instead of buying another trash

Binance has been offloading billions of dollars in BTC since CZ got pardoned

yes, its customers of Binance and Binance being the biggest exchange by a large margin, but still, fuck CZ & Trump

I am actually VERY surprised BTC is still trading this high given how much is being sold on the market, all day, everyday for multiple weeks now

(translation for slow homies who will cry that I am bearposting: There is a lot of resting limit orders (people willing to buy) that are absorbing a pretty stunning ammount of sellers)