Is the crypto winter over?

We already hit the first resistance (and slowly coming back down as I type). Let's see if we're able to hit 25212 by tomorrow.

upload_2023-2-15_12-46-41.png
 
schizo said:
Dude, there's no looking backing back now. She ain't coming back! :D

Next resistance at 24729 then 25212, etc. But at this rate, we might break out above 25000 by tomorrow :)

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I could not stand the pain of missing out so I funded my crypto perp futures account (it only takes me less than 5 minutes because it's a dex) and started hunting a pullback starting at $22,950'sh. Finally caught my position at $23,169

My chart on TradingView is broken, I'll need to resize and rescale

No price target for me at this time on the upside but on the downside is liquidation

I went back to my old crypto perp futures trading platform because it's more flexible on partial trade size changes and can add collateral (not necessarily a good thing, lol)

On the GNS platform, you have to open a new position(s) to achieve same result and more fees

upload_2023-2-15_12-46-19.png
 
johnarb said:
I could not stand the pain of missing out so I funded my crypto perp futures account (it only takes me less than 5 minutes because it's a dex) and started hunting a pullback starting at $22,950'sh. Finally caught my position at $23,169
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Good job, you pretty much got on the bandwagon just before she took off. :thumbsup:

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.
 
johnarb said:
I could not stand the pain of missing out so I funded my crypto perp futures account (it only takes me less than 5 minutes because it's a dex) and started hunting a pullback starting at $22,950'sh. Finally caught my position at $23,169

My chart on TradingView is broken, I'll need to resize and rescale

No price target for me at this time on the upside but on the downside is liquidation

I went back to my old crypto perp futures trading platform because it's more flexible on partial trade size changes and can add collateral (not necessarily a good thing, lol)

On the GNS platform, you have to open a new position(s) to achieve same result and more fees

View attachment 306381
More...

LFG lads!!
 
You can definitely see from the chart that the red line held up (although very unnerving at the time). But once it went back above the green line, you know these friggin' whales jumped in and pumped this baby up as if there was no tomorrow.

upload_2023-2-15_12-57-56.png
 
semperfrosty said:
LFG lads!!
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There was bad news today, SEC Gensler is proposing some regulations on crypto firms that custody cryptos

There's a thread on Twitter below

This is very bad for crypto firms in the US.... guess what happened to the cryptos market??? Ignored it

I'm on a lot of Discord channels, defi and stuff, and many of the members are not from US. They said f*ck US regulators, they don't even care to use any stablecoins or cryptos from the US firms

All this regulators shit-show is going to hurt US companies and US crypto users will have difficulties with on-ramp and off-ramp to fiat.... but at the end of the day, this will strengthen the cryptos ecosystem and grow more decentralized globally

This is one of the use-cases of Bitcoin and cryptos... to not be controlled by corrupt banksters and money printers

https://twitter.com/x/status/1625914218057764864
 
johnarb said:
There was bad news today, SEC Gensler is proposing some regulations on crypto firms that custody cryptos

There's a thread on Twitter below

This is very bad for crypto firms in the US.... guess what happened to the cryptos market??? Ignored it

I'm on a lot of Discord channels, defi and stuff, and many of the members are not from US. They said f*ck US regulators, they don't even care to use any stablecoins or cryptos from the US firms

All this regulators shit-show is going to hurt US companies and US crypto users will have difficulties with on-ramp and off-ramp to fiat.... but at the end of the day, this will strengthen the cryptos ecosystem and grow more decentralized globally

This is one of the use-cases of Bitcoin and cryptos... to not be controlled by corrupt banksters and money printers

https://twitter.com/x/status/1625914218057764864
More...

Love it!
 
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