iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts

WAITING FOR BITCOIN TO BUST LOOSE

My Solana position is cresting higher again and all of the alt coins, or at least some of them, are rather enjoying their time in the sun — basking in the glory of an effervescent bull run. It should be noted, $BTC is consolidating recent gains and all of the price memory at its previous highs are being digested now.

Once we get the sellers out of the way, I fully expect $BTC to pitstop at $75k, en route to $100k. People like round numbers, and so do I. You can look at stocks busting out past $100 or $1000 and track them weeks after and find the returns become both predictable and ribald.

During this session, I’ve bee trading my way back a bit, down 37bps, up from -90bps — due almost entirely to $VKTX collapsing like a fat fuck sitting on a weak lawn chair.

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One comment

  1. granpa

    Collapsing like a fat fuck sitting on a weak lawn chair. Instant classic.

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