Not sure what chart that is above regarding time stamps, but didn't BTC settle above 21K on Friday RTH market close?
Crypto Macro Trends for 2022
- Thread starter johnarb
- Start date
Not sure what chart that is above regarding time stamps, but didn't BTC settle above 21K on Friday RTH market close?
That was a screenshot of my perpetual futures btc position at the time I posted. Bitcoin trades 24/7/365, here's a screenshot at this current time
Exactly! I knew it, BTC is trading way above 20.3K! Mark my words assholes, it was above 21K! AHAHHA!
btw, there's no RTH in BTC, trades non-stop and no circuit-breakers, it can go down 99% or go up 1000%
BTC at $21K is nothing to be excited about
BTC has been stuck in a range for over 3 months from $18 to $22K with a one time touch of $25K
BTC has crossed the $20K price over 50 times in that 3-month period
If btc goes above $26K then it's something to celebrate and I'll add more to my perp futures position
If btc goes below $19.3K again, I will be liquidated again
NFA, just closed my BTC perps futures position, much lower profit. Very focused on my FTT perp futures position at this time
Let's see what is going on in the crypto arena today. There is some word that I am looking for which starts with "cluster".
FTX Token Plummets on Withdrawal Concerns, as Contagion Hits Broader Crypto Markets
The FTT price has declined nearly 14% over the past 24 hours, with Solana's SOL and Serum's SRM taking losses along with bigger cryptocurrencies like bitcoin and ether.
https://www.coindesk.com/markets/2022/11/08/ftt-plummets-as-market-fears-possible-alameda-contagion/
Bitcoin Falls Below $20,000 After Twitter Row Between Billionaire Crypto Executives Triggers Withdrawals From FTX
https://www.forbes.com/sites/siladi...executives-triggers-withdrawals-from-ftx/amp/
Binance offers to buy FTX’s non-U.S. operations to fix ‘liquidity crunch’
https://www.cnbc.com/2022/11/08/bin...on-us-operations-to-fix-liquidity-crunch.html
FTX Token Plummets on Withdrawal Concerns, as Contagion Hits Broader Crypto Markets
The FTT price has declined nearly 14% over the past 24 hours, with Solana's SOL and Serum's SRM taking losses along with bigger cryptocurrencies like bitcoin and ether.
https://www.coindesk.com/markets/2022/11/08/ftt-plummets-as-market-fears-possible-alameda-contagion/
Bitcoin Falls Below $20,000 After Twitter Row Between Billionaire Crypto Executives Triggers Withdrawals From FTX
https://www.forbes.com/sites/siladi...executives-triggers-withdrawals-from-ftx/amp/
Binance offers to buy FTX’s non-U.S. operations to fix ‘liquidity crunch’
https://www.cnbc.com/2022/11/08/bin...on-us-operations-to-fix-liquidity-crunch.html
Ouch.. this one would be painful for me....
I have not put the short position on, tbh, the contagion risk from Alameda blowing up will present a lot of opportunities on the shorting side of trading
I'm not entirely convinced Solana is the best risk-reward trade
I could just not do a trade or short Eth or Mkr, these may have contagion risks due to collateral-based crypto assets defi systems and even to some degree staking on cefi systems
Or, I could just wait for btc to hit a low enough price and go long
I wish the best for your Sol and other crypto assets to do well during this time