$BTC
Since the move from 6400 to 7500, we've seen:-
• 7x 10 market sells on Mex. All long closes. All full retraced. Last three were followed by 1m order spams equaling the sell.
• 4000 BTC shorts covered on Finex
• $30m Tether print
I'm flat. Be prepared if you're not.
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Ok! I just see lots of CT peeps talk about how they don't know which way BTC is gonna go, but they "know it's gonna make a big move soon". (No one knows, of course) And when I see that I think "ok, then go buy a strangle then if you're so confident!"
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Deribit spreads blow ass and the options learning curve is pretty steep, but it's really cool to be able to make pure volatility trades on BTC.
End of conversation
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