Stochastic looks good and Options expiring on the 27th favor the upside.
2300 will hold, no problem.
2300 will hold, no problem.
Comment:
I'm selling 50% of my meta position and buying more Bitcoin.
Comment:
Pump is questionable, we have to see CPI report.
The market is expecting more rate hikes.
I'm holding bitcoin long long term, but in the short term, it may not be the best idea to buy.
The market is expecting more rate hikes.
I'm holding bitcoin long long term, but in the short term, it may not be the best idea to buy.
Comment:
People used to think that BTC is a risk on asset.
Now after inflation rebounded, people are slowly realizing that BTC is a risk off asset.
Now after inflation rebounded, people are slowly realizing that BTC is a risk off asset.
Comment:
We are in this situation because there is TOO MUCH regulation.
Banks were forced to buy low-yield long-term bonds, precisely because of the dumb accounting exceptions for those bonds (you can post the full value of a mature bond, regardless of its current price in the market).
On top of that, central banks are bailing out everything, which removes incentives for people to inspect the banks they are dealing with.
There is no free market, every single country is becoming a socialist nightmare.
Limited insurance like FDIC is not necessarily a bad thing. We can accept that sacrifice as a society and pay for it with some inflation. But FULL INSURANCE basically makes banking business obsolete, why not just deal with the FED directly through a CBDC?
Banks were forced to buy low-yield long-term bonds, precisely because of the dumb accounting exceptions for those bonds (you can post the full value of a mature bond, regardless of its current price in the market).
On top of that, central banks are bailing out everything, which removes incentives for people to inspect the banks they are dealing with.
There is no free market, every single country is becoming a socialist nightmare.
Limited insurance like FDIC is not necessarily a bad thing. We can accept that sacrifice as a society and pay for it with some inflation. But FULL INSURANCE basically makes banking business obsolete, why not just deal with the FED directly through a CBDC?
Comment:
I'm moving 100% of all my assets and savings into Bitcoin.
By the end of 2023. I will close all my bank accounts forever.
Also migrating all my business to the Bitcoin standard.
The race is over, Bitcoin won.
By the end of 2023. I will close all my bank accounts forever.
Also migrating all my business to the Bitcoin standard.
The race is over, Bitcoin won.