Bitcoin crash! UST LUNA drag BTC price down! Crypto News 2022
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0:00 Today in Bitcoin
0:45 Bitcoin Analysis
4:28 Bitcoin Where Are The Buyers
7:30 Terra Luna UST and Bitcoin
13:27 Final Thoughts
#bitcoin #btc #crypto
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48 Comments
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When you said MOONvember you did mean 2022 right?
2x speed and you still talk to slow lol
Lark and Iam George seem to be happy regardless of the situation, it makes me wonder if they are loading up on Bitcoin. It seems to make seens.
you can tell Lark is never worried
You think this crash will make me forget about Hunter Bidens crack pipe?
π
Great info Lark, Keep Stackin Sats
5/10/2022
TerraLuna On Brink
Of Bailout by DAOs?
You are a lifeline. on the pulse! thnx
Scull shirt comes out, you know things are serious
I'm glad the Terra Luna guys are transparent. Better than the USDT guys. What would happen if they finally were?!?
So should go all on on UST?. FOR EASY 25%???
I'm buying today. Not going in big though.
I suspect lower prices will present themselves
"Institutions buy DOWN markets….not thriving UP markets"
Bear trap to $17, then a bounce to $90,000.
My Lord and Master Senor Lark! ;-P π
I hope we go lower. I need to buy some more dips.
Iβm more impressed that Lark has a wardrobe for market crashes
NO! IT'S THE SKULL SHIRT!
Where from get money to buy deep ?
People here little insane, what for all this complements?
Believe this is some foreshadowing with UST. Now, imagine for a moment, another scenario. But this time with the US Dollar and all fiat currency.
VT247
It gone go very deep , liquidity taken from market
Thereβs been no participation in the market this year so far, and until there is, Iβll be keeping my stables on the sidelines.
Iβve actually made profit being in USD rather than GBP π
It is important to understand that UST wasnβt just randomly unpegged. It was targeted by an attack with a lot of liquidity, enough to provoke a flight and overwhelm LGF. It feels as if there was a concerted goal, not merely to crash Terra and the wider market, but to actually undermine legitimacy and trust in defi, algorithmic stable, or crypto – canβt be sure but the power implications are considerable.
Well put.
Guy/Coin Bureau always said LUNA and UST would be attacked as there's a lot riding on the stablecoin wars, especially with the Korean govt backing it and CBDCs coming. If Citadel was behind the attack that explains a lot, the US would never allow Korea to beat them.
It is ironic that holders of Btc are waiting for Fed news. Satoshi must be shaking his head in disbelief
USDT lost it's peg by wide margins multiple times in history yet people still use it. UST will recover as well but that doesn't mean Luna will be getting back over $100 anytime soon probably not this year
It's over π€ we going for 20 k ππ
Nice job
He shows a bear scenario, that means tomorrow is a pump
Thanks again Lark
So Luna buys on the OTC then dumps on retail exchange – nice. We are being manipulated!!!
UST crashed!
Thanks Lark!!
131k BTC just left exchanges.
Love the shirt!
UST = π€‘
And the dead cross on 3 day chart ?
it was fun day i made 300 buys not even start to use my cash reserve ready for more if not ready to fly to the mooon ready to catch the falling knife as well
Bottom now
Don't wanna be all doom and gloom but this bear market is very different than any crypto bear markets we have had before. Everything is collapsing. If you look at the big picture SPY and DOW can go much lower and it still will be bullish long term. If this goes on for another year or 2 I m not going to be surprised if we see BTC capitulating to 10-14k. That's why I m not going to DCA for now until I see 20k or lower. But for now, we probably bounce back to mid 35s, I wouldn't rush selling just yet
Been here, done this – I bought Luna, Bitcoin, , and Polygon today at a great discount!
I bought more Luna today π
Bear flush relief rally, seat belts on for the next leg down π₯΄ , ab=cd next leg 23k
I had a buy order in, but it was just 2 usd too low and I missed that opportunity π
if a stablecoin isnt stable, it has no use case and becomes worthless