The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Why wouldn't we - only hysteresis. Th emarket hit 145 becuase if thought BTC was going straight to that 125 number, so once the market believes BTC is are going to that 125 number again this will return to at least that same beta - so 44k by Monday should do that and we will climb as quickly as trade allows to a new high. I f the beta was about x4 for ARB/BTC - that's not 145 - its a bonkers number above 160. Not my honest opinion - just an application of ratios and an assumption of market sentiment reflected in prices.
Yep BTC always moves unexpectedly and usually over the weekend. Looking very good indeed for Monday
BTC weekend disappointing. Not expecting much this week. Probable bounce time delayed 1 week by the looks of it - lat Feb now ?
BTC just under 33k - looks like a double bottom. Need a good day today then the weekend should be one of those BTC fests and the start of a sporadic uptrend to a stable 40k. At some point the cup and handle is then hopefully completed and you get the storming run to the +100 levels the institutional brokers have been predicting. ARB is highly geared to BTC. If BTC does 3x+ what does ARB do ??
looking at comparative moves of btc and arb that would not seem unreasonable - but I'm sure we will all be laughing out loud it it does anyway.
I reckon we need a 3 day high today to carry BTC higher next week The weekends are normally stronger so this is not relatively speaking strong IMHO Day is but young though.
Shadow - so what - SNG001 works - we know that or why else would we be here ?
https://www.nature.com/articles/d41586-020-00502-w - maybe ?
A bit optimistic Paul but spot on tactics, buy the dips because there will be utrue rises
BTC at a low today - so can only see a pull back without news or a rumour of news
i thing that is certain is that trading ARB is safer than trading BTC and more profitable.
Yes maths dosen't matter with BTC - its all about rich investors getting poor investors to sell low and buy high by fear deception and bribing presidents
I suspect BTC will stuble around for at least a week before it thinks about breaking above 40k so I suspect you will have a window f opportunity to get back in. I remember when gold was forecast for 2200 and fell in March before it did go to 2200 - just not in a straight line. If BTC has been forecast at 145k I suspect it may go there - just not in a straight line or when people are anticipating. Therefore I sugest buying dips and slicing rises and getting a net low entry point until it passess 55k. If it passess 55k that's above all previous predictions and below 145k so that's the time to hold and not risk more buys - JMHO
FP is that your prediction then ?
EP - other variety may be more effective so I've heard..
Mr T - its just sad the sh*tty of London has yet again failed to back and capitalis a world beater and the yankees have stepped in to eat our breakfast dinner and tea.
I tend to agree with the artical on all timescales - but it's stll implying the best place to be right now is trading this and the other horses of the crypto company flotilla. BTC +40k as I write.
BTC $34500 might give an upper bound gain of 55% ish on Monday based on last 3 months trend - probably only an upper bound as fundamentals have been improving as well - but I am sure the gearing of ARB to bitcoin has to be higher than 1:1 so a lower bound of 20% gain. It's going to be a great Monday of BTC holds up and even better if BTC keeps going.
Yes but SNG001 would not work against an ebola type treatment ... doh
BTC predictions $50k price vs US peers approx 20% and its a growing business in its own right. I don't think its going to gap up on a 10 bag at 8am...or even make that in the next 3 months... but give it a year of roller-coasting, and give bitcoin a year of roller coastering, and let it grow as it should or get consumed as it might, and a 10 bag should be your lowest aspiration. Of course I always stick to my narrative that BTC and silver have left gold behind and I expect the next move if for these to rebalance, so I'm no i string investor and no wild bull, but I think this will be my best performer this coming year... JMHO