Dude, as a degenerate speculator myself, I know exactly how you feel
On that note, I nabbed a quick short at 25061 for a quickie down to 24745. Hopefully, nobody reads this and jinx it.
Is the crypto winter over?
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On that note, I nabbed a quick short at 25061 for a quickie down to 24745. Hopefully, nobody reads this and jinx it.Dude, as a degenerate speculator myself, I know exactly how you feel
long at 777?
Dude, as a degenerate speculator myself, I know exactly how you feel
I saw this happen last night and I was thinking "oh here we go again..."
Right on cue after crossing above $25,100-200, PA became erratic and this big volume green candle even briefly flashed red as it was volatile ups and downs mostly down
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Hope you have not covered, tech stocks are putting a downward pressure on btc
I'm short and fully expecting BTC to drop like a brick tomorrow (fingers crossed). We've already touched 25200 three time and failed (strike!!! x 3). I don't think she will get another chance. I could be wrong (been doing that a lot lately) but for the moment this ain't looking pretty for the bulls.
reasonable little recovery going on right now but could take a breather for sure.
Bonds have become "bearish" for risk assets, source CNBC and Dylan
As I mentioned in my previous post, I de-risked my positions, paid off about $50k of defi loan, withdrew excess collateral btc's to local wallet, but have not sold any bitcoin/cryptos to $
m2m still sitting on some incredible gains for the past 2 months, over 6 figures in $ value on non-btc crypto assets, so I am cautious not to roundtrip them to much lower numbers or worse...
But... I'm still bullish... still holding my long btc perp futures, and concentrated to a few crypto assets and a couple of yield farms/staking
China news about making Hong Kong a crypto hub, China liquidity injection, Japan liquidity injection, maybe some liquidity coming from TGA, reverse-repo (too complicated for me)
The US attack on cryptos just means other countries will benefit, but could cause some bearish price action
Great post! Thanks.
Sounds a bit conspiratorial but i wouldnt put China past banning crypto till it could get ahead of the game.
'ok everyone,now were in control with our enormous investment,have at it!' hahaha
Hey y'all, hope you're doing okay. I ain't sure about the fundamentals, but the technicals are indicating we're still bearish. I'm thinking we'll fall down to at least to the dotted line. If that breaks apart, then well hail mary. As for me, still chugging along as usual.
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Good call.Its been a slow and steady decline last 24 hours.