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Either way the value of BTC increases and that plays out well for large scale miners like ARB

No ones increasing their capability to mine quite on the scale of ARB!

Nice one Lunq

Only a matter of time before we see the rise into Monday.

Or ‘£’ Saby.

I think if BTC was going to crash this time, as some on here predicted, it would have done so by now. But it stabilised around £36K and is trying to break out. If we can break £37.5K and maintain, think we’ll see a swift rise back to £40K+. Personally, I think this will happen early part of the coming week and see ARB £2+

$52K seems to be some resistance. Break through and could get interesting.

Certainly seems to be a solid and steady rise in progress. My £46K prediction by Monday might be optimistic but £40K seems possible.

HarChris: sorry you didn’t get your opportunity to invest today (not really lol) but we’d love you welcome you into the fold when the time is right! Sure you’ll be keeping a close eye on BTC over weekend.

RC - thanks for link, will take a look later m8.

Argo impressed me today. Very resilient. Shows sentiment for stock is extremely positive even in the face of a big BTC dip. Most understand the waves by now and see the potential upside. Glad I’m in over weekend. Seriously considering holding for the very long term as pension pot. This could take the place of gold. £5 this year. £10 next year? Have a great weekend. If you’re still holding. Respect yo!!!

“Concern is growing over the disappearance of certain derampers”, he lied.

I think this is the 2nd dip. 1st one settled at circa £40k.

Recovery IMO. Happy days!!!! Need to be in over weekend. Monday morning BTC will be at £46K.

Thoughts?

A lot crawl out of their holes at times like this. Fortunately, they tend to disappear just as quickly as they appear.

About $3.3 billion worth of Bitcoin options expires today. Should traders cash out, they could dump a lot of Bitcoin on the market, potentially putting pressure on Bitcoin’s price. Should they HODL or reinvest, the crypto market's rivers could gush with fresh money.

In addition to the Bitcoin investments, 400,000 ETH worth of Ethereum options contracts also expire today. That’s worth about $613 million.

FRESH MONEY - £40K + over weekend

About $3.3 billion worth of Bitcoin options expires today. Should traders cash out, they could dump a lot of Bitcoin on the market, potentially putting pressure on Bitcoin’s price. Should they HODL or reinvest, the crypto market's rivers could gush with fresh money.

In addition to the Bitcoin investments, 400,000 ETH worth of Ethereum options contracts also expire today. That’s worth about $613 million.

FRESH MONEY reinvesting at lower price - big bounce £40k + over weekend

Probably why ARB isn’t falling quite as sharply as the shorters had hoped

A trades - we know you are shorting so no objectivity from you. Ignore.

Will be offset by the high inflation on its way. Benefits of coins outweigh risks.

MM’s far too greedy early doors. £1.50 bid on open. Few takers so spread tightened very quickly.