🆔 Hello, my followers
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WBTCUSDT is now as shown in the graphic
Trend : long / Bullish
Safety : Medium
Period to hit : 4 Day's : 1.5 week
Short Term Target : 10 %
mid Term Target : 20 %
Max Risk : 5 : 10 %
Now Price : 63000
Target 1 : 69000
Target 2 : 74500
Market : Spot Trading
💟Best of luck
I was looking into the WBTC/BTC spreads fully expecting to see BTC trade at a premium over WBTC. Yes, WBTC is a well-known product with serious custodians (Anchorage) and audited but still, there is risk there. When you buy WBTC, you buy a liability. There should be a discount. Right?
Well, not really no. The WBTC/BTC arbitrage play is crowded enough that as the...
Like And Subscribe (Thanks for the support😊).
"BTC is King" I have heard this countless times without number but what happens when BTC backed brother stands a better chance of over throning BTC?
Before You say "Oh Makaveli that is so impossible🙄 ",
Wait! first let me introduce you to the younger coin brother that stand the chance to out run BTC faster any time...
Perhaps WBTC will break off from the trend of other coins and get another pump upwards, with there being room on the Relative Strength Index (RSI) for more price increase before it goes into over-bought conditions.
I thought WBTC price was tied to bitcoins? This chart says different. $113000 spike? Maybe it’s the tip when to take profits at the end of the bullrun!?