igforum.bio
/
here-s-how-bitcoin-pro-traders-plan-to-profit-from-btc-s-eventual-pop-above-20k
-
65523
J
% Here' s how Bitcoin pro traders plan to profit from BTC s eventual pop above $20K HEAD TOPICS
visibility
333 views
thumb_up
44 likes
S
Bitcoin enthusiast @StoneysGhoster adds that excessive leverage caused the forced selling, not the mining activity, itself. Bitcoin is grinding sideways around 20k because public miners are in trouble and have to sell all their bitcoin.Turns out taking out a bunch of debt was a bad idea.— StoneysGhost (@StoneysGhoster)October 8, 2022Regardless of the base case for Bitcoin's price recovery above $20,000, investors fear the impact of an eventual stock market crash as central banks continue to increase interest rates to curb inflation.
thumb_up
33 likes
G
Read more:
Cointelegraph » BTC/USD Forecast: Continues to Lull Traders to Sleep Coinbase Registers Biggest Daily BTC Outflow Since June Here’s what could spark a ‘huge BTC rally’ as Bitcoin clings to $19K Here's How Much BTC Tesla Owned as of Q3 2022
Cointelegraph » BTC/USD Forecast: Continues to Lull Traders to Sleep Coinbase Registers Biggest Daily BTC Outflow Since June Here’s what could spark a ‘huge BTC rally’ as Bitcoin clings to $19K Here's How Much BTC Tesla Owned as of Q3 2022
Starbucks is helping to cover the cost of fertility treatment for part-time employees
Thousands of women are picking up part-time jobs at Starbucks to expand their families. Here's how the coffee giant is changing the lives of struggling couples. Read more >> 20k ain’t crap, just saying, real investors eyeing 100k, 250k BTC/USD Forecast: Continues to Lull Traders to SleepIf there’s a place money has gone to die, it’s almost certainly the crypto market.
thumb_up
19 likes
E
bitcoin btc cryptoworld cryptoprices bitcointrading
Coinbase Registers Biggest Daily BTC Outflow Since JuneA couple of bullish signals for bitcoin (BTC) as more than 37,000 BTC worth $710 million left Coinbase on Tuesday, the biggest single-day outflow since June. Meanwhile, bitcoin futures listed on the Chicago Mercantile Exchange slipped into prolonged 'backwardation' during September.
thumb_up
32 likes
C
'All About Bitcoin' host Christine Lee breaks down the Chart of the Day. coinbase cryptocom So dumping is now considered a bullish signal? coinbase cryptocom The price of BTC is slowly rising, let us welcome the arrival of the BTC bull market.
thumb_up
44 likes
M
coinbase cryptocom DHS knows who the 4 Satoshi's are. ETHGate who are the 'Disguised Whales'? How can you have a 'Level Playing Feild' when ETH cheats & others makeup laws & updates?
thumb_up
0 likes
D
'NOT billions of dollars TRILLIONS of dollars' POW Proof of Work does NOT work
Here’s what could spark a ‘huge BTC rally’ as Bitcoin clings to $19KBitcoin analysts wait for cues as record Eurozone inflation accompanies a weakening dollar and potential BTC price trigger. WilliamSuberg celinethethird therealkingship is that your boat or they’ve copied? 🤣 WilliamSuberg You should take a look at LYNK, because of great development and partnerships LynkeyToken LYNK Lynkeyer $LYNK btc eth crypto x100Gems WilliamSuberg This rally might not end anytime soon
Here's How Much BTC Tesla Owned as of Q3 2022Despite selling about 75% of its Bitcoin holdings in Q2, Tesla continues to hold its remaining BTC stash.
thumb_up
42 likes
N
BTC/USD Forecast: Continues to Grind SidewaysThe BTC/USD has done very little during the trading session on Wednesday as we continue to simply go back and forth in a very tight range. Bitcoin Forecast: BTC/USD Resilience Holds as Consolidation BuildsBitcoin (BTC) prices remain in a tight range despite earnings and Fedspeak schedule that remain at the forefront of risk sentiment. How long can BTC/USD hold this range?
thumb_up
26 likes
K
on Aug.Get DailyForex analysis to your email Subscribe Get DailyForex analysis to your email Enter your email We commit to never sharing or selling your personal information Large institutional traders are not interested in trading this currency, because it is so far out on the wrist spectrum.A couple of bullish signals for bitcoin (BTC) as more than 37,000 BTC worth $710 million left Coinbase on Tuesday, the biggest single-day outflow since June.TradingView showed BTC/USD circling $19,000 after falling steadily overnight. 16 that included the return of 26,000 miners. One public miner, Core Scientific, sold 12,000 BTC between May and July, while publicly traded mining companies sold 200% of their Bitcoin production.
thumb_up
29 likes
R
Bitcoin of course is the largest cryptocurrency market around, and it has lost all volatility. Bitcoin enthusiast @StoneysGhoster adds that excessive leverage caused the forced selling, not the mining activity, itself.
thumb_up
16 likes
L
Oct 19, 2022. Bitcoin is grinding sideways around 20k because public miners are in trouble and have to sell all their bitcoin.
thumb_up
3 likes
J
Think of it this way: most large institutions have enough problems dealing with the stock market right now to keep them dancing. Turns out taking out a bunch of debt was a bad idea.
thumb_up
24 likes
S
Federal Reserve’s Federal Open Market Committee, at which a decision on interest rate hikes would be made. — StoneysGhost (@StoneysGhoster) October 8, 2022 Regardless of the base case for Bitcoin's price recovery above $20,000, investors fear the impact of an eventual stock market crash as central banks continue to increase interest rates to curb inflation.
thumb_up
39 likes
M
Advertisement Get in now! If we break down below the $18,000 level, then it’s likely that the market goes look into the $15,000 level. Considering the persistent uncertainty caused by macroeconomic factors, a strategy that yields gains in the $21,000 to $28,000 range while limiting losses below $19,000 seems the most prudent.
thumb_up
18 likes
G
In that sense, options markets provide more flexibility to develop custom strategies. This is an area where we haven’t seen much, so I think you must look toward the structural support near the $12,000 level.
thumb_up
8 likes
S
It starts with selling put options for upside exposure To maximize returns, investors could consider the Iron Condor options strategy that has been slightly skewed for a bullish outcome. Although the put option provides its buyer the privilege to sell an asset at a fixed price in the future — selling this instrument offers exposure to the price upside.
thumb_up
35 likes
L
Eyes Are on The Federal Reserve Ironically, crypto traders are going to be paying close attention to the Federal Reserve , which is exactly what they are trying to get rid of.1% as food prices took their toll. Bitcoin options Iron condor skewed strategy returns.
thumb_up
50 likes
L
Source: Deribit Position Builder The above example has been set using the BTC Nov. The Federal Reserve continues to tight monetary policy, and there is so much geopolitical and macroeconomic trouble out there that it’s difficult to imagine a scenario in which somebody wants to throw a ton of money into Bitcoin. 25 options at Deribit.
thumb_up
40 likes
W
To initiate the trade, the buyer should short (sell) 1 contract of the $23,000 call and put options. Keep in mind that this is a situation where the market has found itself very quiet, so we do get a sudden spike to the upside, there are probably traders above that will be looking to dump their positions anywhere near breakeven.
thumb_up
5 likes
C
Then, the buyer needs to repeat the procedure for the $25,000 options.1% in August. To protect against extreme price movements, a put option at $19,000 has been used. Beyond that, you need to see interest rates drop and the US dollar drop as well in order to make Bitcoin attractive for the next potential bullish run.
thumb_up
28 likes
D
Consequently, 2.6 contracts will be necessary, depending on the price paid for the remaining contracts. Lastly, if Bitcoin's price rips above $32,000, the buyer will need to acquire 1.6 call option contracts to limit the strategy's potential loss.1% in August. The max profit is 2x larger than the potential loss Even though the number of contracts in the above example aims for a maximum BTC 0.30 ($5,700) gain and a potential BTC 0.135 ($2,560) loss, most derivatives exchanges accept orders as low as 0.10 contracts.
thumb_up
11 likes
A
As a result, the strategy yields a net profit if Bitcoin trades between $20,000 and $29,600 (+56%) on Nov. Source: Eurostat Analyst eyes dollar parabola break Elsewhere, the Japanese yen was on track to hit the psychologically significant 150 per dollar level. 25.
thumb_up
14 likes
E
The max net gain occurs between $23,000 and $25,000, yielding a return more than two times higher than the potential loss. Furthermore, with 35 days until the expiry date, this strategy gives the holder peace of mind —unlike futures trading, which comes with an inherent liquidation risk.
thumb_up
21 likes
A
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com.S. Every investment and trading move involves risk, you should conduct your own research when making a decision.
thumb_up
46 likes
Similar Discussions
-
Pokemon GO Butterfree guide Best counters weaknesses and more
-
What degree did Katie Ledecky earn at Stanford?
-
Drew McIntyre names the WWE match stipulation he hates the most
-
Saraya explains the correct pronunciation of her AEW name
-
6 Best Kettlebell Exercises for Women to Level Up Their Workout
-
When I occupy a space he knows where to move Memphis Depay opens up on playing alongside smart Barcelona teammate
-
Steelrising beginners guide How to choose the best starting class
-
Why did Ben Stiller and Christine Taylor split? Couple attends 2022 US Open together after reconciliation
-
About Center for Connected Care Cleveland Clinic
-
Chipotle Employee Admits to Half Scooping Online Orders
-
What Is the Theme of American Horror Story Season 11?
-
What Size Was Marilyn Monroe? Blonde Costume Designer Says EXCLUSIVE
-
90 Day Fiancé s Elizabeth Potthast s Music Is a Big Deal for Her
-
Theories About Joy Boy and His Origins One Piece Chapter 1043 Discussion The News Pocket
-
Ajaccio vs PSG live stream Ligue 1 prediction TV channel how to watch online time news and odds
-
Antivirus Fast APK Download for Android APKfun com
-
SuperPhone APK Download for Android
-
Archery Shooting Master Games APK Download for Android
-
Rome Travel Guide APK Download for Android
-
Vehicle Transport Truck Games APK Download for Android
-
Ant Nuptial Flight Predictor APK Download for Android
-
Sniper 3d Assassin Games 2022 APK Download for Android
-
Coupe d Allemagne sans Nkunku Leipzig d roule contre Hambourg
-
Amine Elbahi engag contre l islamisme Amine Elbahi Islamisme
-
Vous ne parlez jamais football exc d Christophe Galtier pousse un norme coup de gueule contre les m dias Galtier Psg
-
Samuel Paty il y a deux ans le professeur mourrait d capit Assassinat La cit
-
Arango boots LAFC into Western final in 3 2 win over Galaxy
-
T J Dillashaw says Aljamain Sterling has the quit button in him and he ll push it at UFC 280
-
Watch AleXa Drops 1st Concept Trailer For Upcoming Return With Back In Vogue Alexa
-
Texas AG Sues Google for Collecting Facial Data from Photos