My thesis on #Bitcoin hasn't changed. Generally speaking, if you zoom out, we're back to yesterday's levels. If you were buying spot, you're slightly underwater. Is that bad?…
Original source excerpt
My thesis on #Bitcoin hasn't changed. Generally speaking, if you zoom out, we're back to yesterday's levels. If you were buying spot, you're slightly underwater. Is that bad? Nope, that's part of t…
My thesis on #Bitcoin hasn't changed. Generally speaking, if you zoom out, we're back to yesterday's levels. If you were buying spot, you're slightly underwater. Is that bad? Nope, that's part of the game. The past 24 hours have been heavily influenced by leverage trading. I'm quite pleased to see that Trump has sold his Bitcoin. Finally. Now, <$75,000 remains the best, obvious spot for longs, and it coincides with Nasdaq's low, which has been targeted at 26,500. It might already be here. So essentially the story: accumulate. Nothing else.
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