ETH, BTC and the Grayscale mess. The best buy and short is on

Grayscale play is on. And it's about an institutional thing. gBTC is not the same as BTC. Institutionals are playing this bc 6 months ago they had a positive premium so algo had to cause this selloff we see today bc they bought gBTC shares and short btc futures with a +20% arbitrage. Just so you know this is too much. Now we have the opposite: a negative premium, meaning gbtc shares are too cheap rn. And bc institutionals can't buy BTC yet they buy gBTC shares which are not the same.
And the more the time comes the more I get that BTC is digital real state. What I really find interesting is there are assets that go up forever (silver, gold, real state, art, diamonds) and now we have bitcoin. This new kid on the block which is so "risky"and ugly that every institutional trader wants to buy a better price. Let the game begin. It's time to turn your grid on. I'm buying BTC every 3k drop and eth every 250. Let's do this. This is not the end. It's just the beginning. What if in the future there are no banks but defi. What if when Taproot comes all dexes die bc through bitcoin all the defi world can be exposed? I will make sure I'm buying my btc and withdrawing to my hardware wallet. Don't let your bitcoin in your broker bc what if nobody will be able to buy bitcoin in the futures bc it will skyrocket forever?
BTCUSDT

Commentaire:

Beautiful selloff to 1744 (1st target when eth reversed)

Trade fermée: cible de profit atteinte:

Eth closed at 1st target