How Bitcoin Buyers Of Last Resort Navigate Price Volatility
What does it mean to be a “buyer of last resort” and how can Bitcoiners navigate the volatility of the bitcoin markets now and in the coming years?Watch This Episode On YouTubeListen To The Episode Here:AppleSpotifyGoogleLibsyn Transcript[00:00:10] CK: Gentleman, the current price of Bitcoin is $21,311. This is the sixth installation of Bitcoin Tina on Bitcoin. We're titling this the hardest trade part two: becoming the buyer of last resort. I am CK and I am super excited to be sitting back with Bitcoin Tina to bring you this next installation of the special series Bitcoin Tina. Of course....
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Here’s what we are looking at on today’s fifteen minute charts, with an outline of the positions we are targeting if we get any volatility. It’s been a bit of an odd start to the week for the bitcoin price and our intraday strategy. Things seem very subdued, and we haven’t really had any major volatility – a couple of false breakouts aside – on which to get into the market. Sideways action between a pretty tight, four or five dollar range has dominated proceedings, and we’ve been forced to resort to scalp opportunities for our profits. In yesterday afternoon’s analysis, we highlighted....