A cheeky short on the 4h would have played out on the same idea (Hike + Trump's trade bans) Waiting for CPI data now, higher than exp. = higher rates = #BTC lower before higher.
Technically can knifecatch here (on strong alts LTF) if you really have to or look for 1h SFP + MSB within the 12h BB but macro looks sketchy (Hike + Trump trade bans) + not much RR on this atm. Would like to see a convinving sweep and reclaim of 78k-76k for longs.
Technically can knifecatch here (on strong alts LTF) if you really have to or look for 1h SFP + MSB within the 12h BB but macro looks sketchy (Hike + Trump trade bans) + not much RR on this atm. Would like to see a convinving sweep and reclaim of 78k-76k for longs.
India bypassing industrialisation to become the world's back office, precisely as LLMs learn to do back office work at marginal cost approaching zero, is the kind of tragic irony development economists will write about for decades.
@harshtradzo@JBS280 Can’t just say ‘parity’ “LHS must equal RHS and RHS is too high so it will eventually converge”
No. If you read economic theories you will understand that as per endogenous growth model, if macro & tech factors don’t change, we will NOT converge.
@harshtradzo@JBS280 .. do we have 0 exposure but we are the easiest thing (BPO/KPO) that AI will automate, making us the classic example of innovation leading to creative destruction.
@gurjota Take help of a dev to guide you, otherwise each iteration might create a new edge case and that will lead you running in circles. Speaking from experience