my fintech empire.

Chapter 485 [Ultimate Blood Collapse]

A new batch of bottom-hunting warriors just entered the market, and then there was a "snap", and the price of Bitcoin fell to $33.5, a drop of -35.57% from the highest point of the day, and a direct drop of -6.68% from the opening price water level.

The bargain-hunting warrior becomes a martyr again.

It had risen by more than 44 percentage points before, but now it has turned down.

Then there was another "snap", and the price of Bitcoin fell to $28.2, a drop of -45.76% from the highest point in the day, and a sharp drop of -21.49% from the opening price.

In other words, if you buy at the highest point for 10 yuan, you have already lost 4.57 yuan. If you buy at the opening price without moving, you will directly change from a floating profit of more than 4.4 yuan to a floating loss of more than 2.14 yuan.

Two seconds later, the price of Bitcoin dropped to $25, which was more than 51 percent from the highest point in the day and crossed the half-cut line, and it also plummeted by more than 30 percent from the opening price.

After falling from the highest point in the day, the entire market sentiment of Bitcoin turned empty.

At this moment, the last wave of bottom-hunting funds in it cut their meat crazily in panic, changing from long to short in seconds, and at the same time the new bottom-buying warriors took over. for short.

The current situation is repeated in this cycle, buying the bottom, cutting the meat, buying the bottom in the next batch, cutting the meat, buying the bottom again in the next batch, and cutting the meat again...

Gradually, after several rounds of circulation, no one dared to buy the bottom.

The disk did not take over in an instant, and the price of Bitcoin exploded.

What is going on at this time is an extremely tragic situation of multiple kills and multiple kills. Fang Hong's trading team does not need to take the initiative to smash the market, and the other funds in it are all killing each other.

比特币的价格从最高点下来一路狂泄：20美元、16美元、11美元、6美元、4美元……

When the price fell to $4, Bitcoin's decline from the highest point of the day expanded to -92.3%, compared with the -88.85% drop from the opening price.

……

The currency circle exploded directly, a certain currency circle exchange group.

[Blood collapse, the ultimate blood collapse! ]
[I'm afraid, but luckily I didn't reach out, this horse-riding killer is really ruthless! ]
[The price of 48 US dollars has gone away, and the heavy warehouse has earned more than ten points, what the fuck, do you want to play so exciting?I was so frightened that I was scared to death, and now I have lingering fears, but luckily I ran away. ]
[This movement can cause cardiopulmonary arrest. ]
[Licking at the edge of the knife, I will ask you if it is stimulating...]
[Family, I'm gone. I'm already a corpse now. The cost price of $66 is no different from zero. ]
[Clam?No, what's the situation?The highest price is $52, how do you change it to $66? ]
[This situation is mostly due to an inverted T, and the cost is getting higher and higher...(laughing and crying.jpg)]
[I do the math, 66 US dollars killed to 4 US dollars now, a loss of -93.93%... Uh, it’s really no different from zeroing. ]
[It's so miserable...]
[This is really driving a BMW in, leaving only a steering wheel. ]
[You cut it? ]
[Cut a few times, what is the willingness to cut here?I have learned from the past, I am already a corpse now, do not disturb, I am only eighteen years old, the cause of death: Stud. ]
[Ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh! !The time for me to pull and throw the horse was from 52 US dollars to 4 US dollars. The Wocao horse was bought for 6 US dollars eight days ago and took a million in eight days. Doubling into a loss of 4.8 points cut the meat, and the mood of the year can't be relieved! ]
[Why not profit? ]
[Who knows that killing is so ruthless, so heartbroken, so regretful, it's true, I cried to death, puff (vomit blood.jpg)...]
……

At the same time, Fang Hong looked at the price trend of Bitcoin, and it has reached a price of 3.6 US dollars. The fluctuation of the whole day has reached a terrifying 134.82%. Compared with the highest point, the cumulative decline has reached the water level of -93.07%. Compared with the opening price, it also plummeted by 89.97%.

If you are long with chips, the cost price is the opening price. If you want to get back the cost, you need to increase +3.6% from 897.22 yuan to get back the cost. If you want to go back to the highest point of $52, you have to increase +1344.44% to get back the cost.

At this time, Fang Hong told the trader in charge of trading Bitcoin on the phone that was on hold, "Okay, pull it up, quickly pull it up to the price of $30, and then quickly drop it down."

A surprised voice came from the other side of the phone: "Boss, are you... are you sure? Then today's trading volume may exceed 5000 million US dollars, and we may lose several million additional dollars."

Fang Hong immediately said, "How many millions do I need?"

Hearing this, the trader immediately responded: "Understood!"

The phone remained on the call, and Fang Hong looked at the time-sharing price trend of Bitcoin again. After a while, about ten seconds later, the price of Bitcoin suddenly started to rise from the price of 3.6 US dollars in a straight line, like pulling a green onion on dry land and soaring all the way up.

6美元、8美元、16美元、20美元、27美元、30美元……

In just 80 seconds, the price of Bitcoin rose from $3.6 to $30. This violent rebound reached +733%. seven times.

At the same time, the buddy who bought at $6 eight days ago and didn’t sell at $52, and ended up losing 4.8 pips at $20, watched the price of Bitcoin skyrocket to $30. 7 times more.

"Fucking hell! I just cut the meat with a 4.8 knife on the horse, and you exploded like this? Is it just a few steel hammers? Are you crazy? You are a grass mud horse..." He said on the spot Breathing out the fragrance, the blood pressure of the whole person soared, and the skyrocketing time-sharing of Bitcoin seemed to be a portrayal of his blood pressure soaring.

Really going to be dizzy.

Looking at the time-sharing line, this buddy only felt a deep malice.

pain!
It hurts so much!
It really hurts!

At the same time, the price of Bitcoin stayed at the $30 price for less than three seconds, and the time-sharing line once again turned its head and let out a frenzy.

In just 2 minutes, the price plummeted from US$30 to US$5. This period of decline reached the -83% water level. Those who participated in the operation, some made money and some lost money. It is now a zero-sum game.

Every profit made by one is flesh cut off from another.

Wealth doesn't disappear, it just moves, from this person's pocket to that person's pocket.

Next, after Bitcoin fell to the price of $5, it did not rise or fall for several hours. Of course, this is also compared to the previous 134% terrifying amplitude.

In fact, the fluctuations are around 4~6 US dollars, and the amplitude has reached about 50%, which means that the price fluctuations are still quite violent.

Fang Hong had already hung up the phone. Before he hung up the phone, he had already given instructions to the trader about the future trend and where today's closing price will be, including the trend in the next few days.

As time went by, the price of Bitcoin finally rose again, closing at $4 from $27.5, an increase of +587.5%, and finally closing down at $27.5 today- 23.40%.

The daily K-line that Bitcoin came out of today makes one's scalp tingle. The -23.40% drop of the Yinxian entity is already a big drop, and the most exaggerated thing is that the length of the two upper and lower shadow lines is far longer than that of the Yinxian entity. , add up to over 134% of the amplitude.

This is the largest intraday fluctuation in the history of Bitcoin. Players in the currency circle thought that the fluctuation of the big negative line that K smashed out a few months ago would never be surpassed again, but they were still too young.

Compared with today's K-line, it is nothing.

……

(End of this chapter)