Closed all positions for now @ $21,910 will re-enter the swing-trade 5 btc perp futures before going to sleep tonight
Crypto Macro Trends for 2022
- Thread starter johnarb
- Start date
Closed all positions for now @ $21,910 will re-enter the swing-trade 5 btc perp futures before going to sleep tonight
Genesis bankruptcy announcement last night was the biggest crypto firm to file for bankruptcy
This is also the best news we can have during the crypto winter
This is now a confirmation that Genesis will not be able to dump any bitcoin or crypto assets on the market
This is also a wake up call to all the rich people who "used to own" bitcoins (crypto assets) at Fidelity, Gemini and other private institutional arrangements that their bitcoins that were lent out to Genesis for yields are gone!!!
These rich people can now decide starting from last night, whether they want to own the best and hardest money in the world which is Bitcoin
During the most crisis-laden period of the global financial system, i.e. Japan bond markets, US debt ceiling and all kinds of government failures such as Sri Lanka, Peru, Lebanon, and others
Some of these rich people are quick to react and probably buying in today, telling their assistants, buy bitcoins, telling their wealth managers buy bitcoins, telling their families, buy bitcoins
And I believe this will continue
One thing to note during this bitcoin market move from $16k to $22k is that the stablecoins have not grown much
What does it mean???
The leverage institutions that would wire money to Tether to trade huge leverage positions are wiped out of capital, due to Fed draining liquidity and US $ and global fiat currencies are no longer free to borrow
IOW, this bitcoin price move is mostly spot-driven
Cash, cash baby!!!
Fuck the wall street aholes who crashed the market, they wanna play, they gotta pay, and no more BORROWING, put up CASH or don't play, homie!!!
Not financial advice. Just my 2 satoshis worth of useless anon forum post
Good luck crypto family, may the force be with us. Pray for the next bull market in Bitcoin and crypto assets
This is also the best news we can have during the crypto winter
This is now a confirmation that Genesis will not be able to dump any bitcoin or crypto assets on the market
This is also a wake up call to all the rich people who "used to own" bitcoins (crypto assets) at Fidelity, Gemini and other private institutional arrangements that their bitcoins that were lent out to Genesis for yields are gone!!!
These rich people can now decide starting from last night, whether they want to own the best and hardest money in the world which is Bitcoin
During the most crisis-laden period of the global financial system, i.e. Japan bond markets, US debt ceiling and all kinds of government failures such as Sri Lanka, Peru, Lebanon, and others
Some of these rich people are quick to react and probably buying in today, telling their assistants, buy bitcoins, telling their wealth managers buy bitcoins, telling their families, buy bitcoins
And I believe this will continue
One thing to note during this bitcoin market move from $16k to $22k is that the stablecoins have not grown much
What does it mean???
The leverage institutions that would wire money to Tether to trade huge leverage positions are wiped out of capital, due to Fed draining liquidity and US $ and global fiat currencies are no longer free to borrow
IOW, this bitcoin price move is mostly spot-driven
Cash, cash baby!!!
Fuck the wall street aholes who crashed the market, they wanna play, they gotta pay, and no more BORROWING, put up CASH or don't play, homie!!!
Not financial advice. Just my 2 satoshis worth of useless anon forum post
Good luck crypto family, may the force be with us. Pray for the next bull market in Bitcoin and crypto assets
Closed the intraday-position @ $22,573 (average). Will keep the swing-trade position overnight
Volume has dried up
Amen to that!
I suck at execution of trades, very prone to fomo
I had an order for long 5 btc perp futures at $22,988 but only got about 1 btc filled, then bitcoin started going up and chased much higher price for the other 4 btc @ $23,110
Anyway, long 5 btc perp futures for intraday-trade
Swing-trade long 5 btc perp futures position still active
I had an order for long 5 btc perp futures at $22,988 but only got about 1 btc filled, then bitcoin started going up and chased much higher price for the other 4 btc @ $23,110
Anyway, long 5 btc perp futures for intraday-trade
Swing-trade long 5 btc perp futures position still active
Selling intraday-trade here, gonna be busy for the next hour or so and don't mind taking a little bit of profits on the intraday position
Swing trade position still active
My m2m price on the swing-trade long 5 btc perp position has changed due to the intraday-trade position closing, so profits are booked on the account, all good, over 5 figures the past 2 days
Swing trade position still active
My m2m price on the swing-trade long 5 btc perp position has changed due to the intraday-trade position closing, so profits are booked on the account, all good, over 5 figures the past 2 days
Closed all positions @ $22,835
my ocd kicking in , want to square flat. Very good 2 days