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TheFlowHorse
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Not paying much attention today but
Bitcoin
didn't move off the news. 👀
#BTC
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TheFlowHorse
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Plan is to just relax and save energy for when Bitcoin is trending above the highs again. “Money on the floor” moments exist on the other side of that, more than they do now, at least in crypto.
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Bitcoin still trades so technically and clean. All you have to do is respect it.
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Any color on why Kraken has a hugely imbalanced spot Bid Ask skew up here? Nested 2.5 - 5 % depth levels are at historical highs / outlier levels bid side.
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Circle IPO seems interesting to me. I think $28 is going to look cheap over a multi-month period. Outside of the initial event vol, I will be looking for price to develop a clean range and ideally start to establish a longer term position.
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Over a 5-10 year time horizon it feels like you can't own enough Bitcoin.
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