Rumor has it they’re also believers in the 50-year storm scheduled for 2024
“And when it hits #Bitcoin beach, it’ll turn into the biggest surf this planet has ever seen, and I will be there.“
We recently crossed $10M in trading volume on Volmex Index-linked perpetual futures on gTrade just a few weeks after launch.
Spoke with @CoinDesk today about the BVIV and EVIV Index futures taking off.
https://t.co/k7AFZ8obh0
$BTC
Perps longs puked ✅
Gap filled ✅
Shorts adding ✅
Coinbase spot bids filled ✅
Looks like do or die from here on the daily
Save it run us back to ATHs for the Hulkamaniacs
@judgemegodz nice catch 🤝 not quite at the late june level depth yet, but is above early July's pre ath consolidation
good looking net daily deltas on your chart too 👀
$BTC coinbase pro bid depth is thicc below
More buy orders stacked up below price now than there were in the 107-110k consolidation and the 100k retest
The only thing that really worried me was the $ETH. There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an $ETH binge.
Deploy 7d apy is just shy of 30%, daily apy nearing 50%
Same day, heard two people planning to live off the yield alone from this agent.
In this moment, I am euphoric.
After catching $SBET bottom late last month hit another lick with my "boys" and in some cases "gals" (!) on $YHC from $2 fiddy friday to 10 buckeroos + today 🏌️♂️
Incredible things have happened this summer
Don't forget to take profits this time around, go to the beach, and buy back in after the post-Labor Day pre-Columbus day reset and chop 🫡
$BTC Coinbase orderbook update
Ask liquidity thinning out moving closer to par with bid liquidity now which seems to be stepping in here to defend the 50-day MA retest at 106k
Let's if they get filled into Powell and JOLTs this morning
$BTC
Short-term levels to watch:
🔵STH cost-basis < 1-week: $107.1K
🔴STH cost-basis < 1-month: $106.1K
🟢STH avg. cost-basis: $98.2K
⚠️50d SMA ($106.1K) support is lost
📈Reclaim $107.1K as support
📉Loss of STH cost-basis
Market catalyst: JOLTS (May) at 10:00 AM
Got the $BTC impulse move back above the 50-day but CB orderbooks has flipped back heavily in favor of asks vs bids 🧐
$583 million+ to sell stacked up above the current range
May simply be opex shenanigans to keep price pinned below the large >108k and >110k call walls into tomorrow's big 6-27 $14B+ expiry
Or may be organic supply
Dunno 🤷♂️
$BVIV tagging new multi-year lows into the opex though. Perhaps not a bad time to straddle 🏇
Significant CB $BTC spot bids filled on that weekend slipperino to the downside
Big walls of support are all now resting lower down around the sub-200day MA level I mentioned last week
Need to see a strong impulse move back above the lost support levels that holds for consecutive daily closes (not just a squeeze/wick like we saw on Friday) or else price will likely probe that demand advertised lower