BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
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702 14
On the morning trump tweeted to increase the tarifffs against China.

This will bring down the spy , spx , witcousd and China A50 .

A surge into the xau will be expected.

And in the end the hot money will be tightened and bring the btc down to a very low region.
May 05
Comment: wticoulsd, not wit
May 05
Comment: wticousd, this keyboard....
Achieve every thing but stay discipline
从心所欲不逾矩.
What shitty analysis what does trump have to do with bitcoin are you brain dead?
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Trump could reverse his opinion quickly...be careful here
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@Alien91, since I am both a scalper and a swing trader, I am quite comfortable with this. Even flipping my position in 5 times a day isn't a problem for me. :P
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I believed and agreed your point of view too; the most agreed point is the correlation analysis of BTC because I have the same thoughts! Wish all happy trading =D
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@ICEKI, Thank you sir :P
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I really do not think Trump's traffic will have any substantial effect on BTC. I think these are two groups of people. Most in BTC usually do not trade in larger commodities. I thought you were long with BTC.
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AlphaMex welcome_universe
@welcome_universe, hmm, from the correlation analysis I found that btc has 63% correlation with spx and 72% correlation with China A50 last year. Maybe it's time for me to pay for another lesson.
+1 Reply
@AlphaMex, hmm Good point. Now I am getting a bit wary. Let's see.
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AlphaMex welcome_universe
@welcome_universe, don't worry sir, happy trading :)
+1 Reply
@AlphaMex, I have no more words remaining. You were correct. What is the target you have here?
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