Crypto Macro Trends for 2022

Discussion in 'Crypto Assets' started by johnarb, Jan 3, 2022.

  1. johnarb

    johnarb

    Closed all positions for now @ $21,910 will re-enter the swing-trade 5 btc perp futures before going to sleep tonight

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    #681     Jan 20, 2023
  2. johnarb

    johnarb

    Long btc perp futures @ $22,321 should not have sold my swing-trade position because now had to fomo back in

    Bitcoin seems to pause and then go up, pause and then go up, volume is high which is good

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    #682     Jan 20, 2023
  3. johnarb

    johnarb

    Lots of buying (or shorts covering)

    Going for another intraday-trade. Have an order for long 5 btc perp futures @ $xx,xxx (adjusted to $22,621 - filled)


    Swing-trade position is still active and no plans to close

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    Last edited: Jan 20, 2023
    #683     Jan 20, 2023
  4. johnarb

    johnarb

    Genesis bankruptcy announcement last night was the biggest crypto firm to file for bankruptcy

    This is also the best news we can have during the crypto winter

    This is now a confirmation that Genesis will not be able to dump any bitcoin or crypto assets on the market

    This is also a wake up call to all the rich people who "used to own" bitcoins (crypto assets) at Fidelity, Gemini and other private institutional arrangements that their bitcoins that were lent out to Genesis for yields are gone!!!

    These rich people can now decide starting from last night, whether they want to own the best and hardest money in the world which is Bitcoin

    During the most crisis-laden period of the global financial system, i.e. Japan bond markets, US debt ceiling and all kinds of government failures such as Sri Lanka, Peru, Lebanon, and others

    Some of these rich people are quick to react and probably buying in today, telling their assistants, buy bitcoins, telling their wealth managers buy bitcoins, telling their families, buy bitcoins

    And I believe this will continue

    One thing to note during this bitcoin market move from $16k to $22k is that the stablecoins have not grown much

    What does it mean???

    The leverage institutions that would wire money to Tether to trade huge leverage positions are wiped out of capital, due to Fed draining liquidity and US $ and global fiat currencies are no longer free to borrow

    IOW, this bitcoin price move is mostly spot-driven

    Cash, cash baby!!!

    Fuck the wall street aholes who crashed the market, they wanna play, they gotta pay, and no more BORROWING, put up CASH or don't play, homie!!!

    Not financial advice. Just my 2 satoshis worth of useless anon forum post

    Good luck crypto family, may the force be with us. Pray for the next bull market in Bitcoin and crypto assets


     
    #684     Jan 20, 2023
    schizo, NoahA and Axon like this.
  5. johnarb

    johnarb

    Closed the intraday-position @ $22,573 (average). Will keep the swing-trade position overnight

    Volume has dried up

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    #685     Jan 20, 2023
  6. schizo

    schizo

    Amen to that!
     
    #686     Jan 21, 2023
    NoahA and johnarb like this.
  7. johnarb

    johnarb

    I suck at execution of trades, very prone to fomo

    I had an order for long 5 btc perp futures at $22,988 but only got about 1 btc filled, then bitcoin started going up and chased much higher price for the other 4 btc @ $23,110

    Anyway, long 5 btc perp futures for intraday-trade

    Swing-trade long 5 btc perp futures position still active

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    #687     Jan 21, 2023
  8. johnarb

    johnarb

    Selling intraday-trade here, gonna be busy for the next hour or so and don't mind taking a little bit of profits on the intraday position

    Swing trade position still active

    My m2m price on the swing-trade long 5 btc perp position has changed due to the intraday-trade position closing, so profits are booked on the account, all good, over 5 figures the past 2 days

    upload_2023-1-21_11-31-45.png
     
    #688     Jan 21, 2023
    NoahA likes this.
  9. johnarb

    johnarb

    Long intraday-trade 5 btc perp futures @ $22,808

    Swing-trade still active

    upload_2023-1-21_15-22-19.png
     
    #689     Jan 21, 2023
  10. johnarb

    johnarb

    Closed all positions @ $22,835

    my ocd kicking in , want to square flat. Very good 2 days

    upload_2023-1-21_16-25-14.png
     
    #690     Jan 21, 2023
    schizo likes this.