Take away an approximate 7 minute ass mauling around 7 AM EST today [down
about $500], and there isn’t much here so far today … is BTC waiting for the FED
tomorrow? … as long as BTC is “moving”, it’s good to trade, but when it sits and
chops given its $25 - $35 spread, it’s a B.I. Itch to navigate … a little up / a little
down, just YUCK! … in other words, “a little song, a little dance, a little seltzer
down your pants!”
And the speed at which the “Whales” rally & clobber price, hundreds of dollars
in seconds / minutes is a foregone conclusion, in a yo-yo of chop … throw in the
spread, and if it ain’t really going anywhere, losses can be very difficult to make
back … “chop” here is more dangerous than any other market by far … and we
end up the day with about a $500 range … sounds like a lot, but it isn’t … NY
sessions should be at least $1500, and the more the merrier! … no trades today
… onto tomorrow.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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