Greekslive: BTC options was absolutely dominant, accounting for 50% of all options volume. The percentage of block trades actively buying DEC29 calls was also 50%. With the current Dec29 expiration option IV significantly below average, and the giant whale choosing to long the end of the year in the bull market.#SATS #BTC #ORDIUSDT #sol
Looking to buy the #BitcoināÆāÆāÆ dip? Well, you may need to wait a little bit longer. The RSI on the $BTC daily chart below 30 usually provides a better entry point.
It looks like #Chainlink is bound for a correction!
The TD Sequential presented a sell signal on $LINK daily, 3-day, and weekly charts, anticipating a retracement toward $12.50. Failing to hold above this critical support area could extend the losses to $10.50. #LINKPrice #Poloniex #BTC #Web3Wallet $SOL $LINK #Everyone
#BTC #bitcoināÆāÆāÆ - While we may not get 100x in this next bull market, is it still possible from this price into the next few cycles? This onchain data signal shows a seismic shift that may exponentially increase the effect demand has on price. @therationalroot breaks down a MasterClass in whatās changed in #btcāÆāÆāÆ and what it may mean for pric$SOL $BNB e.#Poloniex #etf #BinanceBlockchainWeek
To address any confusion about my stance on different time-frames, I'm:
š¹ short-term, BULLISH š (0-2 months from now)
š¹ mid-term, BULLISH š (2-8 months from now) (Finalized with a BTC ETF sell-the-news blow-off-top)
š¹ long-term, BEARISH š» (8-18 months from now) (bottom will eventually be put in, when stock market crashes to its bottom)
š¹ very long-term, BULLISH š (after that bottom is in, we will see a massive rally of all risk-on assets. BTC to $1M+ within 10 years, easily)#etf #Poloniex #Poloniex #BTC #Everyone $SOL
Less than a year ago MicroStrategy was down -50% on its Bitcoin holdings.
Today they are up +25%.
That might not feel particularly big as ROI goes. But donāt forget MSTR is operating at scale.
They control 158k BTCā¦ so this 25% return puts them one billion dollars in the green.
But of course thatās not enough for Michael Saylor.
So what is he doing right as Bitcoin is pumping? He is ādollar cost averagingā more coins into the MSTR coffers. You have to admit the man is consistent.
I think there is an investing lesson here: 1. Make bold bets. 2. Give them time to play out. 3. Be consistent about your execution #BTC #ETH #Solanaššš