BTC from an Institutional perspective part 2.
This is a follow up of my previous idea.
Now we will take a look at the current volume pattern in BTC on the same time frame.
For my idea to be proven right, I will need to see an influx of selling coupled with this low buy volume.
The past 150 points on BTC has been driven by very little buying as we are seeing a sustained trend that is more like an equity than a crypto.
We shall see if this is just it being bid up before sold off.
Unfortunately I do not have a portfolio manager who will listen to be and execute this. Stupid Volcker act amiright?
This security is definitely tradeable, unfortunately it lacks the transparency and regulation to be mainstream, but the qualities exist to make it worth looking at.
I am always interested in hearing the perspective of other traders and analysts.
Now we will take a look at the current volume pattern in BTC on the same time frame.
For my idea to be proven right, I will need to see an influx of selling coupled with this low buy volume.
The past 150 points on BTC has been driven by very little buying as we are seeing a sustained trend that is more like an equity than a crypto.
We shall see if this is just it being bid up before sold off.
Unfortunately I do not have a portfolio manager who will listen to be and execute this. Stupid Volcker act amiright?
This security is definitely tradeable, unfortunately it lacks the transparency and regulation to be mainstream, but the qualities exist to make it worth looking at.
I am always interested in hearing the perspective of other traders and analysts.
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