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TheFlowHorse
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Posting some shorts again. Stuff taken from the @TradingStable
https://youtube.com/shorts/DfxPXW1cRlI?si=QSNKG7ZgYexxQUxG
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TheFlowHorse
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Is it me or does Circle’s current valuation appear a bit disconnected from its underlying economics? At some point this is going to be an incredible short.
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What if “Sell in May and go away” / no trending over the summer means Bitcoin just trades flat until September?
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Is a casino that bad in crypto? The perp exchanges serve as the exact same thing. Who are we virtue signaling to here?
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BTC and the 50 day average is kind of telling you all you need to know and what to expect for the next couple of months.
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It's surprising how one of the most basic trading heuristics, that when institutions are loudly promoting something, they're often selling into demand, seems forgotten. Right now, anything crypto-related gets treated as a reason to chase longs in the short term.
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