This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COThe Bitcoin community is gearing up for potential turbulence.The GBTC unlock will conclude over the coming weeks, which seems to be the focus of the crypto market. There has been debate as to the implications of the unlock. Initially, pundits seemed to believe that the unlock would bring additional selling pressure and headwinds, as reported by JP Morgan. The following barrage of opinion stated that the unlock would be bullish, as investors would be forced to buy the underlying asset to account for the discount at which GBTC is trading. This leads me to believe that the “unlock” will be a non-event, but it will be interesting to watch. SBF and Willy Woo agree that it will have minimal impact, as you can read in this article.More than likely, the unlock itself won’t be the force behind selling if it comes, but rather it will be the narrative used to scare retail out of their positions because it makes for a good headline. Whales may use this as an opportunity to spoof the order books in their favor.Regardless of the unlock, you should have a plan if turbulence comes. If your strategy is to hold and stack on the dips or to dollar cost average, don't let the GBTC headlines be of concern. This will be a nonevent if you zoom out.We know that headlines are designed to instill fear in the heart of traders and investors and that they should probably be ignored.In This Issue:Potential TurbulenceBitcoin Thoughts And AnalysisA Supply Shock Despite Low Interest?Fidelity Digital Assets Is Ramping Up Its ManpowerInstitutions Are Being CautiousBinance Blocked By Clear JunctionThe Wolf Of All Streets Podcast Ft. Michael SaylorMy Recommended Platforms And Tools
The Wolf Den #284 - Potential Turbulence
The Wolf Den #284 - Potential Turbulence
The Wolf Den #284 - Potential Turbulence
This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COThe Bitcoin community is gearing up for potential turbulence.The GBTC unlock will conclude over the coming weeks, which seems to be the focus of the crypto market. There has been debate as to the implications of the unlock. Initially, pundits seemed to believe that the unlock would bring additional selling pressure and headwinds, as reported by JP Morgan. The following barrage of opinion stated that the unlock would be bullish, as investors would be forced to buy the underlying asset to account for the discount at which GBTC is trading. This leads me to believe that the “unlock” will be a non-event, but it will be interesting to watch. SBF and Willy Woo agree that it will have minimal impact, as you can read in this article.More than likely, the unlock itself won’t be the force behind selling if it comes, but rather it will be the narrative used to scare retail out of their positions because it makes for a good headline. Whales may use this as an opportunity to spoof the order books in their favor.Regardless of the unlock, you should have a plan if turbulence comes. If your strategy is to hold and stack on the dips or to dollar cost average, don't let the GBTC headlines be of concern. This will be a nonevent if you zoom out.We know that headlines are designed to instill fear in the heart of traders and investors and that they should probably be ignored.In This Issue:Potential TurbulenceBitcoin Thoughts And AnalysisA Supply Shock Despite Low Interest?Fidelity Digital Assets Is Ramping Up Its ManpowerInstitutions Are Being CautiousBinance Blocked By Clear JunctionThe Wolf Of All Streets Podcast Ft. Michael SaylorMy Recommended Platforms And Tools