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@barnet - have you looked at the amount of large trades now coming in at 125p? They are not going to wait around for 100p

It was good to get through the shakedown this week, and loads of bigger buyers coming in to the lower SP opportunity, should be moving up next week.

Very good news to see the big buys coming through, hopefully it begins to boost and stabilise confidence in the SP for the next chapter.

It'll be up on Monday

because of time zones - we opened at 8am, the opened at 2.30pm

"we've been through it a couple of times and then dropped back below"

pretty much the definition of resistance, you have it

It's more likely that it will move up from 38 now and through next week towards 50+ next Friday, which is the next big options expiry

It's not a coincidence after options settled today

Predicted resistance looks good between $37-38k

More than 3,000 in 25 minutes

Nonsense, that drop is not retail it's triggered sales on average crossing

that was yesterday

Do you think they chose to spend that that because they had a warm fuzzy feeling about it or because they looked at the data?

Option writers should be looking for BTC to land somewhere near $54k next Friday

"that wouldn't be the same if microstratragy hadn't brought £1.6 billion or tesla £1.5 billion"

but they did?

https://stats.buybitcoinworldwide.com/stock-to-flow/

Don't know if ARB would ever qualify on the criteria (it's possible if 50% mined from renewables, your example was based on making stuff from plants). It's a bit of a gimmick but something would make a difference not only to the narrative but to potential listing in green basket investment funds, for example, which are rapidly growing in popularity.

If you're watching for 2% fluctuations in cryptoland then I can recommend watching paint dry as an alternative. You're also posting this at 9.22 when BTC was $42,200 ?

@Bull - "my thoughts are that most positions got liquidated the other day in the free fall"

Agreed, $7.5bn long and $1bn short (nearly $5bn in one hour!). Today's options expiry seems to be passing without much of a ripple, although well below the anticipated point of maximum pain (longs paying for the shorts if there are any left?). End of next week may be interesting.

It's been almost entirely level for two days?