BTC divergence between price and hash rate
There's a strong divergence between BTC hash rate and BTC price. I'm generally bullish on this gap closing with some price upside.
There's a strong possibility of a financial flush event this October (Credit Suisse collapse or something else) followed by central bank interventions that temporarily drive markets back up.
Buying some BTC spot now for the tradition of october 1 being a time of reversal.
Holding off total purchase in case of flush event.
Time horizon for trade: EOY
There's a strong possibility of a financial flush event this October (Credit Suisse collapse or something else) followed by central bank interventions that temporarily drive markets back up.
Buying some BTC spot now for the tradition of october 1 being a time of reversal.
Holding off total purchase in case of flush event.
Time horizon for trade: EOY
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