You might know him, AngeloBTC a good lad and rich boi who wants us all to have financial freedom posted that he believes its time to hedge. His call was as follows:
Hedge here ~$13.5k.
Close ~35% lower.
Go away for vacation.
Wait for $30k.
On the chart I marked where a 35% drawdown would be for BTC from both the top and the 13.5k area that he...
Let me be the first to tell you this idea is almost entirely just an idea. I dont claim to have insider info on this. It will likely take years to find out if I am right, so this is mostly just an idea. If Its wrong, do not ride your life savings on it. If its right however, I demand to be called Oil Oracle. Maybe Oilacle. Thats good.
All the calculations there...
A followup to my currently still working opinion on $NFLX (go back and check it out)
Not much to say. Fill the gap, short the lack of innovation + bugs that allow people to force each other to pick up their calls.
If you guys follow me on twitter (@craigchrist_) youll know im bearish.
This was a chart I posted some time last week on twitter but not on here and figured I might as well shoot for the clout while im here. I dont USUALLY use fibs, but this one seems to fit my bias. The 0.618 matches up with the bottom of the horizontal range and.. yeah. Looks...