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hungry_hippo
Aug 12, 2022 5:24 PM

BTC Update 

BITSTAMP:BTCUSD1D
Bitcoin / U.S. dollarBitstamp

Description

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Looks like a slow channel up until the next Fed meeting. No play here, there are other stuff moving much faster
Chart PatternsTechnical IndicatorsBTC
Comments
BoyPlunger91
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Its obv a huge falling knife but I like the risk/reward. She will pop again into low 20’s next fortnight no doubt
hungry_hippo
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@BoyPlunger91, ETH has better returns
BoyPlunger91
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Agree, Can you chart VIX, went long at midday planning for a multi week hold but profit was so fat at EOD I closed 75% of position.

VIX weekly hit the lowest weekly RSI reading since 2013, yes 10 year weekly low.
hungry_hippo
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@BoyPlunger91, i don;t do VIX
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