I think we can go long 
FTTUSD against a same size short in 
BTCUSD, the ratio chart shows there's 95% upside with 5% risk give or take, historically, in bear markets, exchange tokens have done well vs Bitcoin (like 
BNBBTC did in the prior bear market back in 2018-2020). It might be worth a punt here...Betting on Sam might be a decent gamble, relatively vs Bitcoin at least. You can stake your 
FTT as well, while you hold the BTCUSD short, but need enough collateral to not be at risk. The bearish case in BTCUSD might still be valid, judging by the action today, which erased yesterday's up bar. It's worth a shot.
Best of luck,
Ivan Labrie.
FTTUSD against a same size short in BTCUSD, the ratio chart shows there's 95% upside with 5% risk give or take, historically, in bear markets, exchange tokens have done well vs Bitcoin (like BNBBTC did in the prior bear market back in 2018-2020). It might be worth a punt here...Betting on Sam might be a decent gamble, relatively vs Bitcoin at least. You can stake your FTT as well, while you hold the BTCUSD short, but need enough collateral to not be at risk. The bearish case in BTCUSD might still be valid, judging by the action today, which erased yesterday's up bar. It's worth a shot.Best of luck,
Ivan Labrie.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.