??? Am I supposed to report every trade to you guys or something? lol
Bitcoin Price Thread
- Thread starter Magna
- Start date
??? Am I supposed to report every trade to you guys or something? lol
No!!
But when you report having a position and how you are going to play it, it would be reasonable to to expect you to follow up.
It would be a lot more credible than reporting positions you bought a while ago and made a specific profit on.
Bitcoin ETFs Break 19-Day Inflow Streak As Net Outflows Hit $65 Million
Jun. 11th, 2024
U.S. spot Bitcoin ETFs saw net outflows of $65 million on June 10, bringing an end to a 19-day streak of inflows.
Per data from Farside Investors, the last day to see net outflows across all U.S. spot Bitcoin ETFs was May 10, when investors pulled out $84.7 million from the investment products.
Grayscale’s GBTC ETF saw net outflows of almost $40 million on June 10, with its outflows now exceeding $113 million across three consecutive days of outflows.
BlackRock’s IBIT ETF also saw a sharp decline, with inflows dropping to a mere $6.3 million on June 10, versus inflows of $168.3 million on June 7, the previous day of trading.
Invesco and Galaxy Digital’s BTCO ETF and Valkyrie Digital Assets’ BRRR ETF both saw outflows of $20.5 million and $15.8 million, respectively, on June 10.
These outflows stand in stark contrast to the strong inflows witnessed last week, where BlackRock’s IBIT ETF and Fidelity’s FBTC together saw inflows of over $1.6 billion, placing them in the top 10 ETFs across all categories to receive inflows, according to analytics platform etf.com.
The outflows came as Bitcoin’s price dipped by over 3% ahead of tomorrow’s FOMC meeting and CPI report.
The leading cryptocurrency dropped by 3.6% over the past 24 hours, to lows of $66,791, according to CoinGecko. Bitcoin has since recovered slightly, to its current price of just under $67,000.
Bitcoin derivatives traders saw liquidations of over $50 million in the past 24 hours, according to data from Coinglass, with longs accounting for $44.34 million of the total.
I don't even remember when I closed the position so it wasn't anything spectacular either way lol. I try to share only the fun stuff...gains or losses.
decrypt.co
Bitcoin ETFs Break 19-Day Inflow Streak As Net Outflows Hit $65 Million
Jun. 11th, 2024
U.S. spot Bitcoin ETFs saw net outflows of $65 million on June 10, bringing an end to a 19-day streak of inflows.
Per data from Farside Investors, the last day to see net outflows across all U.S. spot Bitcoin ETFs was May 10, when investors pulled out $84.7 million from the investment products.
Grayscale’s GBTC ETF saw net outflows of almost $40 million on June 10, with its outflows now exceeding $113 million across three consecutive days of outflows.
BlackRock’s IBIT ETF also saw a sharp decline, with inflows dropping to a mere $6.3 million on June 10, versus inflows of $168.3 million on June 7, the previous day of trading.
Invesco and Galaxy Digital’s BTCO ETF and Valkyrie Digital Assets’ BRRR ETF both saw outflows of $20.5 million and $15.8 million, respectively, on June 10.
These outflows stand in stark contrast to the strong inflows witnessed last week, where BlackRock’s IBIT ETF and Fidelity’s FBTC together saw inflows of over $1.6 billion, placing them in the top 10 ETFs across all categories to receive inflows, according to analytics platform etf.com.
The outflows came as Bitcoin’s price dipped by over 3% ahead of tomorrow’s FOMC meeting and CPI report.
The leading cryptocurrency dropped by 3.6% over the past 24 hours, to lows of $66,791, according to CoinGecko. Bitcoin has since recovered slightly, to its current price of just under $67,000.
Bitcoin derivatives traders saw liquidations of over $50 million in the past 24 hours, according to data from Coinglass, with longs accounting for $44.34 million of the total.
blah blah..every one is an expert after the move. Just another example of all the news scrambling to come up with a reason to explain what they don't understand lol. 74k still in play until we break the red line @ the .382 fib. Any lower and 4 crosses the 1 wave. I'm not sure if that is a rigid rule on subwaves but either way we are likely seeing a correction down to C4...only question remains is if we have another leg up first.
I don't even remember when I closed the position so it wasn't anything spectacular either way lol. I try to share only the fun stuff...gains or losses.
LOL!! That's the beauty of imaginary trades, you don't have to keep records. 
Can you friggin' make up your mind? Is it 0.5 or 0.382?
Well, how's that any different from your hindsight analysis? Actually, that should be hindsight analysis + if/then analysis.
Can you friggin' make up your mind? Is it 0.5 or 0.382?
Well, how's that any different from your hindsight analysis? Actually, that should be hindsight analysis + if/then analysis.
Hindsight?? Lol I have a price target low 3-4 months out...and a high 6 months out. ??
I had the fib retrace up to B, but price didn't reach B (yet) so I adjusted it to where price topped. This really isn't that difficult...price is dynamic so it makes sense that TA should be too...your rigid support resistance lines are draconian.
The hostility around this place always brings me back to Einstein's quote "great spirits have always encountered violent opposition from mediocre minds."
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Can you friggin' make up your mind? Is it 0.5 or 0.382?
Well, how's that any different from your hindsight analysis? Actually, that should be hindsight analysis + if/then analysis.
I'd say I told you so but that would be petty...
So did all the bad news from yesterday suddenly go away? What can explain this sudden reversal of the reversal? Let me guess, there's some good news now right? lol.
Welcome to the Truman show!
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I'd say I told you so but that would be petty...
So did all the bad news from yesterday suddenly go away? What can explain this sudden reversal of the reversal? Let me guess, there's some good news now right? lol.
Welcome to the Truman show!
View attachment 342057
Not sure whether you traded it or not but the level you forecasted was hit to the micropoint and reacted accordingly.
Pretty nice.