Is the crypto winter over?

Discussion in 'Crypto Assets' started by schizo, Jan 13, 2023.

  1.  
    #1081     May 25, 2023
  2. schizo

    schizo

    Prescient! Dude, sell me your crystal ball. :D

    Not that it's important, but I did add another batch of short @ 26.5K a few hours ago.
     
    #1082     May 25, 2023
    johnarb likes this.
  3. johnarb

    johnarb

    Yes.... and no, lol

    We've been stuck on this btc $1000 trading range for over 2 weeks now mid-27k to mid 26k, up/down/up/down

    Even Scott Melker mentioned it on his youtube yesterday or 2 days ago, but you and I feel the pain of the actual price moves

    I didn't (should have) close(d) my long btc perps at $27.5K for a small loss or break-even, because I think we're going to break out of the trading range when shtf on the debt ceiling

    I saw a macro analyst on Twitter say it's not going to hit on June 1 as Yellen says, probably at least 2 more weeks after that, so we gotta stay on this trading range purgatory for a while longer

    The debt ceiling breakout could be to the downside...
     
    #1083     May 25, 2023
  4. Im tipping á parabolic move over this weekend.:D:D

    While they think no ones looking.:D
     
    Last edited: May 26, 2023
    #1084     May 26, 2023
    johnarb likes this.
  5. deaddog

    deaddog

    Up or down?
     
    #1085     May 26, 2023
    semperfrosty likes this.
  6. Haha good point!

    You know me DD.Always looking for a moon landing! haha
     
    #1086     May 26, 2023
    johnarb likes this.
  7. deaddog

    deaddog

    Got to thinking after I posted, I believe parabolic is always up. We use crash to define a down move.
    Good luck!!
     
    #1087     May 26, 2023
    semperfrosty likes this.
  8. :thumbsup::thumbsup:
     
    #1088     May 26, 2023
  9. The market is going to close in less than 15 mins. Every tech & crypto stock up this Friday, except for COINbase. Hmm..... Any bad news I missed?


    Screenshot 2023-05-26 at 3.44.25 PM.png
     
    #1089     May 26, 2023
  10. johnarb

    johnarb

    I don't think you care much about funnymentals but with the debt ceiling agreement, what's your plan on this position?

    It would be a good time to add on the short trade since it's at the top of the $1000 trading range again


    upload_2023-5-28_14-46-41.png
     
    Last edited: May 28, 2023
    #1090     May 28, 2023