BTCUSD
I Hope it gets dumped to the ground before the bull run, cause that only means 1 thing, that
XBTUSD.P
is going to bounce like a female dog harder, faster and higher the lower its dumped Gotta love it just a bit
BTCUSDSHORTS
IN OTHER NEWS The Chinese do it again, OKex is aiming to have the largest unbeatable records set of stupidity and greed with allowing a contract of 940 BTC more then their insurance fund covers, Mind you their insurance fund is a whopping 10 BTC That's $300,000,000 above their last record of largest liquidation set at $120,000,000 to only beat it setting another new record at $416,000,000 long liquidated and no shorts to cover the swap......... This is really raw and selfish, if the price dumps from here anyone with shorts on Okex is at a huge loss.....
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For those interested, this was followed and posted on a whale pool member's twitter feed not long after the position was opened up until liquidation
medium.com/@Austerit...idation-aa601b188005
medium.com/@Austerit...idation-aa601b188005
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Also some interesting facts, the lower OTC GBTC drops the more likely an ETF will be accepted, as there will be no interest in trading in a BITCOIN INVESTMENT TRUST OTC GBTC as the word starts to get around on the ETF approval, people will cut their loss and wait on the ETF as it will hold much greater security and less risk