@seyedoption Crypto’s sometimes front runs equities in sell offs, funds debasing risk off assets which can trickle down to legacy markets... we’ll see on Monday
VASCULARITY TIPS (THREAD)
If you want those POPPING veins there are a few things to consider.
Keeping this info in mind will soon help make you scared of papercuts.
1/9 Bitcoin has performed remarkably these past few weeks despite:
-Most of DeFi falling 50-80%
-CFTC charging BitMEX
-POTUS contracting Covid
-Delayed stimulus talks
-FCA announcing a derivative ban for retail
Why? Let’s see what we can find on-chain
@realpristinecap ^ learnt through many liquidations 😆 I tend to use my stops just to be prepared for any capitulation/cascades like March, but usually won’t let my stops hit cause I’ll adjust it or close the position before depending on market structure
@realpristinecap Absolutely, some of the most extreme stop hunts are actually done by exchanges with flash wicks or ‘scam’ wicks to take out all the stops and mean revert within seconds. Hence, whales often share their position size but not their stops or liquidation level.