Is the crypto winter over?

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

  1. schizo

    schizo

    What's more impressive is that it just took 1 day to shred apart the entire range where we spent the last 19 trading days.
     
    #431     Feb 15, 2023
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  2. schizo

    schizo

    And check this out. As soon as it reopens, it shoot right up. If we can get above 25212 tomorrow, we'll be off to the races.

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    #432     Feb 15, 2023
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  3. johnarb

    johnarb

    I'm hoping that you are correct and we're off to the races!!!

    My last funding was $8.5k got liquidated, but looks like I got it back on this current funding, $8k. I had no idea it was going to happen today, like you said in one day btc got out of its trading range

    upload_2023-2-15_18-29-16.png
     
    #433     Feb 15, 2023
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  4. johnarb

    johnarb

    It's almost every day that there's some kind of US regulations or actions against cryptos

    I closed my long btc perp futures position @ $24,588 before going to sleep. Don't want to wake up to some US news and lose a lot of m2m profits

    Also, crypto portfolio has some high-beta (relative to btc) positions so I have plenty of risk-reward, already

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    #434     Feb 16, 2023
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  5. johnarb

    johnarb

    I'm back in at $24,710

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    #435     Feb 16, 2023
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  6. schizo

    schizo

    The bulls managed to rally up to 25212 but failed to stay afloat. We'll either break out above or chop in a range between the two lines IMO. I don't think we'll fall below the range.

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    #436     Feb 16, 2023
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  7. Weve got that weekend swoon that weve been noticing to look forward to as well hopefully.
     
    #437     Feb 16, 2023
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  8. johnarb

    johnarb

    Are you still trading btc, schizo?

    Tough day or nice day for trading today. My position was up 300 points, now down 200 points, lots of opportunities for Elite Traders which I am not

    I think the hedgies are shorting btc because it's high beta against their long tech/growth equities position

    I think they'll lose on the trade since we're on a cryptos bull market, but I might be just a little bit biased

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    #438     Feb 16, 2023
  9. schizo

    schizo

    I'm learning the new art of HODL. :)

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    #439     Feb 16, 2023
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  10. #440     Feb 16, 2023
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