Is the crypto winter over?

schizo said:
At this point in time, I'm assuming all the bitcoiners who freaked out will climb back in after the market closes. So we should get a nice rally tomorrow.
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And check this out. As soon as it reopens, it shoot right up. If we can get above 25212 tomorrow, we'll be off to the races.

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schizo said:
And check this out. As soon as it reopens, it shoot right up. If we can get above 25212 tomorrow, we'll be off to the races.
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I'm hoping that you are correct and we're off to the races!!!

My last funding was $8.5k got liquidated, but looks like I got it back on this current funding, $8k. I had no idea it was going to happen today, like you said in one day btc got out of its trading range

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johnarb said:
Finally caught my position at $23,169
No price target for me at this time on the upside but on the downside is liquidation
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It's almost every day that there's some kind of US regulations or actions against cryptos

I closed my long btc perp futures position @ $24,588 before going to sleep. Don't want to wake up to some US news and lose a lot of m2m profits

Also, crypto portfolio has some high-beta (relative to btc) positions so I have plenty of risk-reward, already

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schizo said:
The bulls managed to rally up to 25212 but failed to stay afloat. We'll either break out above or chop in a range between the two lines IMO. I don't think we'll fall below the range.
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Are you still trading btc, schizo?

Tough day or nice day for trading today. My position was up 300 points, now down 200 points, lots of opportunities for Elite Traders which I am not

I think the hedgies are shorting btc because it's high beta against their long tech/growth equities position

I think they'll lose on the trade since we're on a cryptos bull market, but I might be just a little bit biased

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