Kosta Ouzas explains how leveraged trading at 100x leverage creates wild price swings in Bitcoin. Social media sentiment flips just as fast: one week Bitcoin will hit $100k, the next week traders declare the bull market is dead.
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Leveraged market. That's not really reality. Right. Because leverage, as Marcus says, fuel spot, it fuels direction. So, yeah, if all the exchanges got banned from providing leverage, then maybe we would see a low volatility environment. But they're offering 100x leverage, man. So to say that, you know, like, that's just the reality of it. There's going to be pumps and there's going to be dumps. I mean, you know, it was only a few months ago where on X everyone was saying bitcoin will never go under 100k again. And now everyone on X is saying the bull market's dead and we're bearish. Yeah.