Trader Macbeth

technical analysis* | bitcoin | 3x master’s degrees: LLM, MSc, MA | *not investment advice

[Trader Macbeth @tradermacbeth]

“Trading is one of the great last frontiers of opportunity in our economy. It is one of the very few ways in which an individual can start with a relatively small bankroll and actually become a multimillionaire” - quote from Jack Schwager’s Market Wizards.

[Trader Macbeth @tradermacbeth]

@Mike_Affirm @PhGoffin @debackerphil @EgmontInstitute @FODEconomie @BelgiumMFA It’s Corona Time!

[Trader Macbeth @tradermacbeth]

@toptrader101 @theo_crypto99 Maybe @skewdotcom can help?

[Philip Swift @PositiveCrypto]

It was written over a year ago, but this remains one of the best media articles on why Bitcoin really matters for individuals around the world.

If you think there are better articles I would love to see them in the replies. 👍

#Bitcoin

https://t.co/E3p1Y29rkH

[Charles Edwards @caprioleio]

#Bitcoin is just getting started.

Remember, as noted in December, Bitcoin's Production Cost will be $17K+ post halvening.

🚀

[Charles Edwards @caprioleio]

Major changes in Tether's Market Cap have led Bitcoin's price over the last 1.5 years.

5 January 2020 was no different.

A healthy signal.

Keep it printing 🖨️

[Messari @MessariCrypto]

Bitcoin and the Iran conflict: Is $BTC becoming Digital Gold?

From @RyanWatkins_

[Trader Macbeth @tradermacbeth]

Don’t short $btc while the Iran conflict is happening. Charting does not work when global forces are in play.

[Charles Edwards @caprioleio]

Hash Ribbons Buy confirmed.

This is just the 10th time these conditions have been met for #Bitcoin.

It is highly likely we never see $BTC under $6000 ever again.

All other occasions saw an average gain-to-cycle-peak of +5000%.

Now is the period to Buy Bitcoin and never sell.

[Willy Woo @willywoo]

On-chain momentum is crossing into bullish. Prep for halvening front running here on in. Can't say what this indicator is, as it's proprietary to @AdaptiveFund, but it tracks investor momentum. The bottom is mostly likely in, anything lower will be just a wick in the macro view.

[Dan Tapiero @DTAPCAP]

JUST BRILLIANT: Macro bitcoin philosopher king @TuurDemeester. Tremendous grasp of what could be bitcoin's place in history. @PeterMcCormack
upped his game here too. Really worth listening.
https://t.co/JAKLPpG4Zm

[Tom Lombardi @tomlombardi]

1/ Thrilled, honored and overwhelmed to be teaching “Digital Asset Finance" to @Pepperdine MBA students next semester.

Looking to Crypto Twitter to provide feedback on my syllabus. Here’s the plan...

https://t.co/5NMz3uyzDg

[Tom Lombardi @tomlombardi]

2/ the textbook is Cryptoassets by @cburniske and @jacktatar (Pepperdine alum). It’s an easy to read, finance-heavy book by two legends in crypto and finance, respectively.

https://t.co/3g6F009Ozw

[PlanB @100trillionUSD]

Pitched bitcoin to institutional investors last week. Presentation started with these 3 charts: Sharpe ratio (@willywoo ), zero correlation with other assets (@PanteraCapital), correlation and cointegration with stock-to-flow (@100trillionUSD). Amazing response!

[Charles Edwards @caprioleio]

The Bitcoin CME gap fill phenomenon at work.

[Trader Macbeth @tradermacbeth]

Price rising, volume rising, open interest rising = [tweet your answer]

[skew @skewdotcom]

Looks like it's growing!

[PlanB @100trillionUSD]

If you want to know more about bitcoin, the deep stuff, study it's history (cypherpunks, Digicash, HashCash, BitGold, Bittorrent etc) -> this chart is a really good start (source: @AnselLindner and @btcmrkts)

[Charles Edwards @caprioleio]

TL;DR

- Bitcoin is more liquid than ever
- This provides institutions a bigger on-ramp into Bitcoin
- Derivatives give Bitcoin miners more revenue certainty and ability to commit to the Bitcoin network long-term.
- High volume growth can precede large bull runs

[Trader Macbeth @tradermacbeth]

@Pattern_Hustler @CryptoSays The Bakkt November contract expires next week ;-) I’d keep an eye on next week, not end of month

[Trader Macbeth @tradermacbeth]

@crypto_nami @toptrader101 What kind of bs is this?

[Trader Macbeth @tradermacbeth]

@skew_markets What does institutional long consist of in your data? Is this AM+leveraged funds? Or is this Reportable+AM+leveraged funds?