Is the crypto winter over?

US crypto hedge funds get involved in the (Asian) crypto markets late Sunday to hedge their crypto portfolio but now that the SEC has declared them as unregulated securities, hopefully they also shutdown operations

More downside risks in the short term for bitcoin and cryptos unless we get some bank failures soon

Australia is an NPC, no offense

https://www.reuters.com/technology/...ks-payments-some-crypto-exchanges-2023-06-08/

 

Yup, I got crapped on last night (again) and now I'm short. Will flip again at either 26.6K or 24.4K.

 

rumor of more shit coming

 

There's a slight issue, I'm using some 3rd party data which I've just discovered is not accounting for weekend trading, so its skewing my timing results. Their data is on traditional 5 day week while bitcoin trades 7 days.
Two - three more trading days to go.

 

Very much in line with the Fed FOMC fireworks this week, if there's any

 

BoC had suspended interest rates in order to check the dangers to the Big-6 banks. Now they just raised rates again.... This signals lots of more pain ahead in America coming!

 

Really? Like anyone cares what happens in Canada.

 

Got to about $300 of being liquidated last night

 

Rough ride JA.

I'd like to see 25 hold but we keep seeming to fall off a cliff every other day.

 

Blast off of 25400 or it'll feel a bit chilly.