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Posted on 3/19/24 at 11:49 am to 98eagle
yall see theres currently an 8 billion dollar BTC sell wall at 75k?
Posted on 3/19/24 at 12:11 pm to RATeamWannabe
I wouldn't read too much in to it. Those giant sell walls always move when it gets close.
Posted on 3/19/24 at 1:57 pm to RATeamWannabe
Sell walls kind of don't matter much anymore like they used to. The algos will throw them up and pull them down with the quickness as market conditions change
Posted on 3/19/24 at 6:03 pm to boomtown143
https://twitter.com/WatcherGuru/status/1770177665099596282?s=20
quote:
Watcher.Guru
@WatcherGuru
JUST IN: BlackRock launches digital asset fund and deposits $100 million $USDC on the Ethereum network.
Posted on 3/19/24 at 8:27 pm to 98eagle
quote:
I bought more BTFX (leveraged 2X Bitcoin Derivative) this morning, funded by an equal sell of FBTC. I did a similar trade 4 days ago after Bitcoin started its pullback. My plan is to dollar cost average buy BTFX during significant enough Bitcoin pullbacks. As long as Bitcoin keeps falling, I'll continue to do this a few more times. Most investors cannot handle this strategy and many sell instead locking in losses or reduced gains. I'll start selling the BTFX I am converting to and putting it back into FBTC once Bitcoin rises above $70K. It's basically a strategy to increase my FBTC without putting out anymore cash. It's very much like creating my own dividend and reinvesting it.
I’m a simple man. Number go significantly down, smash buy. Hold.
Posted on 3/19/24 at 10:38 pm to keakdasneak
https://x.com/BTC_Archive/status/1770174970565423335?s=20
quote:
Bitcoin Archive
@BTC_Archive
·
7h
NEW: Coinbase CEO says they hold ~90% of US spot #Bitcoin ETF assets.
This post was edited on 3/19/24 at 10:39 pm
Posted on 3/20/24 at 8:37 am to 98eagle
Please explain to me how you’re going to avoid the long term volatility drag and subsequent decay?
Leveraged spot etfs are really meant to hold for the day, not long term holds.
Leveraged spot etfs are really meant to hold for the day, not long term holds.
Posted on 3/20/24 at 8:50 am to RATeamWannabe
Anyone else notice SOL staking rewards have slowed posting credits? APR is the same, but rewards are being applied at longer intervals, even though the amount has not changed. Coinbase used to update every 2-3 days, now 8. Today, it updated twice, but the interval is still longer when averaged out.
Posted on 3/20/24 at 10:32 am to FlyinTiger93
https://x.com/deitaone/status/1770469429404377500?s=46
ETF coming soon confirmed
quote:
*Walter Bloomberg
@DeItaone
?? ETHEREUM FOUNDATION UNDER INVESTIGATION BY 'STATE AUTHORITY: COINDESK
ETF coming soon confirmed
Posted on 3/20/24 at 10:45 am to eng08
quote:
Please explain to me how you’re going to avoid the long term volatility drag and subsequent decay?
Leveraged spot etfs are really meant to hold for the day, not long term holds.
Posted on 3/20/24 at 11:18 am to 98eagle
That’s great, but generally not going to work out well.
I’m in though - going to try a trade today.
I’m in though - going to try a trade today.
Posted on 3/20/24 at 11:23 am to eng08
nn
This post was edited on 3/22/24 at 9:29 pm
Posted on 3/20/24 at 11:44 am to boomtown143
Interesting. I'll wait and see what it's about. Could be big. Could be nothing.
Posted on 3/20/24 at 12:39 pm to BottomlandBrew
I love that the BTC MAXI's true colors are coming out once again.
So much glee w/ what the SEC is trying to do.
They'll root for the government is if helps them.
SAD
(not referencing you bottomland. I'm just saying I'm seeing it a lot on twitter.)
So much glee w/ what the SEC is trying to do.
They'll root for the government is if helps them.
SAD
(not referencing you bottomland. I'm just saying I'm seeing it a lot on twitter.)
This post was edited on 3/20/24 at 12:45 pm
Posted on 3/20/24 at 2:52 pm to boomtown143
quote:
I love that the BTC MAXI's true colors are coming out once again.
So much glee w/ what the SEC is trying to do.
They'll root for the government is if helps them.
SAD
(not referencing you bottomland. I'm just saying I'm seeing it a lot on twitter.)
Very surprising to me. BTC almost suffered the same fate.
Posted on 3/21/24 at 7:36 am to The Baker
Oops! Apparently this is old news. My bad
Flash crash of btc last night? I’d love to hear y’all’s opinions on what happened and what it means?
The street
Flash crash of btc last night? I’d love to hear y’all’s opinions on what happened and what it means?
The street
quote:
An unknown entity sold over 400 bitcoin in a short period of time on the BitMEX BTC/USD spot market,” Joe Parys reported in the video above. “BitMEX began investigating the situation internally, but this was massive. You can see these huge wicks as a rogue seller on BitMEX spot market … (brought) the price as low as $8,900.”
This post was edited on 3/21/24 at 7:55 am
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