World Trading Journal | WSSIGNALS ποΈ
DCG trying to raise cash. That would mean GBTC gets unwound and sold for cash β¦DCG is insolvent A massive red flag π©
π¨ Crypto Firm Genesis Warns of Bankruptcy Without New Funding: BBG
π€―5π2
World Trading Journal | WSSIGNALS ποΈ
It is gonna be big week. 600k BTC sold for cash. Fund's gone. GBTC poof gone β¦ Just imagine.
There are no rumors in Crypto,
Only early truths.
If you're hearing something, it's already materializing.
Only early truths.
If you're hearing something, it's already materializing.
π8
World Trading Journal | WSSIGNALS ποΈ
Most Fed Officials Backed Slowing the Pace of Rate Hikes Soon: BBG
Let me explain the meaning of this.
They are already thinking to reduce the pace of rate hikes. That says we're close to a FED pivot. This is a situation where potentially, in the future, the FED will start cutting rates NOT raising rates.
Most of people believe that when the FED pivot then thatβs going to be the moment when the stock market will suddenly rally and explode much higher.
But actually the stock market usually rises and rallies right before a FED pivot. Also the major of the declines in a bear market occurs after a FED pivot.
They are already thinking to reduce the pace of rate hikes. That says we're close to a FED pivot. This is a situation where potentially, in the future, the FED will start cutting rates NOT raising rates.
Most of people believe that when the FED pivot then thatβs going to be the moment when the stock market will suddenly rally and explode much higher.
But actually the stock market usually rises and rallies right before a FED pivot. Also the major of the declines in a bear market occurs after a FED pivot.
π15
World Trading Journal | WSSIGNALS ποΈ
#wBTC has NEVER lost peg for this long. Not looking good bro.
The lower the peg goes vs #BTC , the more panic will start.
With over 200k wBTC in circulation, that is $3.7 billion that may want to exit sooner rather than later.
With over 200k wBTC in circulation, that is $3.7 billion that may want to exit sooner rather than later.
π7π€4
π7
World Trading Journal | WSSIGNALS ποΈ
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The FTX & GENESIS crisis has our team working and monitoring the markets 20 hours a day to keep you informed π§βπ» .
In all seriousness, I need a few days of rest. Will be back in action soon. WS will be returning Monday
In all seriousness, I need a few days of rest. Will be back in action soon. WS will be returning Monday
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π9β€3
@WSSIGNALS Premium
inverse investment #CHZ ENTER 0.25 - 0.31 TARGETS 0.20 - 0.14 - 0.10
Still holding inverse investments. Stuck in that range for now. But I think we will see the final target of $0.1 after WC
World Trading Journal | WSSIGNALS ποΈ
#BTC still doesn't look good.
Don't you know doggie coins always see most action before a dump?
π14
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π€―10π2