75 sats \ 3 replies \ @grayruby 27 Jul \ on: My Fantasy bitcoin
All quite feasible except the big institutions fail part. I don't think huge institutions with multi trillion dollar AUM could fail from being offside a couple billion in Bitcoin hedges.
I think the price drops after Trump speaks unless he makes some outlandish promise like RFK. Huge amount of OI has been added in the past couple days. Which could be short biased but likely more so long biased hoping to catch the kind of wave you describe from Trump's speech.
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81 sats \ 2 replies \ @siggy47 OP 27 Jul
Your analysis is more likely, and probably more accurate. In the real world I think it's conceivable that a small, undercapitalized copycat hedge fund could get blown out. I'll take what I can get. 😀
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75 sats \ 1 reply \ @grayruby 27 Jul
Maybe but most of those guys are long spot, short futures so something pretty wild would have to happen.
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41 sats \ 0 replies \ @siggy47 OP 27 Jul
Sure, go ahead. Walk all over my dreams.
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