SUNDAY UPDATE: HAVE THE “WHALES” FIGURED IT OUT?

“A bigger bar of soap just hit the shower floor! … the “whales” are ready!”

An artificial date on the calendar, ushers in a whole new ballgame nobody but

nobody is talkin’ about, lest they feel the heavy wrath of “establishment crypto”,

and quite frankly they are as bad as the central banks manipulating FX! … and

while it could be temporary, my gut says it ain’t … the crypto “whales” have

learned the lessons of their masters, who are the evil people running central

banks, and now aren’t content to see specs successful … it’s called “forced

liquidations” set at extremely tight levels of price away from your long / short

position, and no matter how much money you have in your account, if BTC goes

more than $210 against you, the computer liquidates the position … and who

has the bids / offers in the market to sop up these liquidations and then turn the

market? … it sure as hell ain’t you or me, and it’s the “whales” and/or large LP’s

that make the money … and if you’re looking for a reason to hate trading BTC &

ETH, you’ve found a legit reason not to … doesn’t affect the alt-coins as much,

but the 2 big dogs it has a very big effect so far into 2022.

Directly below, the 20 Day Range MA’s of selected instruments.

click on table to enlarge

Focus your attention on the last crypto pair, which is BTC-DOM, which is the

index ratio of Bitcoin’s capitalization divided by ALL OTHER ALT-COINS, and this

is the 20 Day Range MA of that percentage expressed as an index, meaning it

can’t go below zero or above 100 … directly below is the Daily candlestick, where

the white line is spot cash … and while it took traders a few days to catch onto

the new bullshit foisted upon BTC & ETH by the “powers that be”. BTC over the

last 6 trading days has lost approximately 5% to the alt-coins in terms of

capitalization, meaning BTC is going down faster than the alt-coins … “Now,

what could be causing that I wonder”? … EASY PEEZEE” “some HODL-er rotation

out of BTC [selling], and some new HODL-er rotation into some of the alt-coins

[buying], as people understand and come to comprehend what these “forced

liquidations” are going to do to volume & liquidity going forward. 

click on Daily chart to enlarge

The European open tonight sees me ready to trade the DAX40 … it’s the only

chance we got for “Stock Bellies” at Turnkey, simply cuz what they got in U.S.

indices are nothing but a bunch of thieving LP’s, with slippage that would/should

choke an elephant! … and despite their bullshit lies to the contrary that

everything is “A-OK”, it ain’t … they know it, the LP’s know it, and they know

that I know it … so the game of charades continues for the unwary … and as

long as trading conditions stay relatively consistent as they have been, we’ll be

OK in the DAX40 … slippage here has never been an issue, it’s always been the

bid / offer spread, and what is it today? … lately they’ve been OK … if they step

out of line, then I stop trading and looking at it … so, we’ll see this week how

things go … and then there’s ETH and crude oil … would it kill crude oil to

correct some?

I had planned on starting results summaries with the new year … Priscilla the

Trading Gorilla [PTTG] appears to have caught the Omicron variant, and is in week

2 of feeling like shit … she says she’s feeling better, but it’s slow and not as fast

as she would have hoped, but sometime this week she’ll start trading … so, look

for results come next Sunday on the blog for both of us. 

 … outta here … “The future’s so bright I need sunglasses”!! 😎😎

… Onward & Upward!!

-vegas