This is hilarious.
It seems that most of the prediction narratives — for this coming week’s end (on Friday morning US time) were all too optimistic — relative to a quadruple witching hour that will befall Bitcoin derivatives in about 28 hours.
…[A] $2,000 plunge below… $75,000 remains a real risk [Ed. Note: now a realized FACT] heading into the May 29 settlement….
Tim Sun, senior researcher at HashKey Group, told CoinDesk “The bigger problem, is macro: investors are de-risking as long-term yields rise, oil and inflation risks remain in focus, and there is currently no compelling reason for new capital to enter the market….
Disclosure: I hold long dated out of the money puts on stocks that trade in tandem with Bitcoin, so I enjoy the down-bubbles in BTC. G’night, all of good will… smile.
नमस्ते
Powerline Lies... 