If we disregard the scary looking nominal price, this BTC rally is just getting started relative to previous rallies on a log basis.
- Most people believe it is currently a bubble, so sentiment has a ways to go. Plenty of buyers left.
- On the Coinone exchange (South Korea) BTC is trading at over $4000 USD.
- GBTC is trading at a very high premium, indicating strong demand from brokerage accounts.
- Thus BTC price has room to catch up to meet either Asian demand, brokerage account demand, or both due to arbitrage.
Betting some change on it, nothing I can't afford to lose.
- Most people believe it is currently a bubble, so sentiment has a ways to go. Plenty of buyers left.
- On the Coinone exchange (South Korea) BTC is trading at over $4000 USD.
- GBTC is trading at a very high premium, indicating strong demand from brokerage accounts.
- Thus BTC price has room to catch up to meet either Asian demand, brokerage account demand, or both due to arbitrage.
Betting some change on it, nothing I can't afford to lose.
Dagangan aktif
That was fun!Bought at the top, 2700, and watched it correct below 2000. I think it's ready to resume upward. I'm not buying more. The entire position is about 1% of my assets.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.