Show notes
The bears keep Bitcoin under $40K as the Fed's New Plan Will Crash Bitcoin in 2024. Learn the best way to position for this once a year trade opportunity. 👉Enjoy the show and looking for ways to support it? Consider trading on CoinCall and use the link here to open an account. https://partner.coincall.com/jarvislabs On January 25th episode of The Trading Pit, Bitcoin spot bounced off the 100 SMA, providing a near term relief but momentum continues to push for more downside. Volatility indicators signal a violent move is on the horizon although traders aren't yet positioning perpetuals or options to hedge - a worrying sign. While it's too early to call the performance of the Bitcoin ETF's, it's clear market flows are about to change, demanding a new analysis of the markets. But that's not traders top priority. TradFi markets are poised to break if the Fed's New Plan is put into action that will drain the REPO and accelerate quantitative tightening. "Liquidity Armageddon" will drain support across the board, likely first noticed in the DXY and rates markets. #bitcoin and the crypto markets can't escape this fate. Chapters: 00:00:00 Bear Market Ranges00:03:10 DXY over $104 is RISK OFF 00:04:40 True Interest Signals Market Maturity 00:08:20 OI Doesn't Signals a Neutral Stance 00:12:30 Someone's Suppressing Volatility 00:19:29 Market Open: Muted Price Action 00:21:01 MARA, COIN, and Bitcoin Beta Stocks Range 00:25:46 BlackRock IBIT + Bitcoin ETF Performance 00:34:01 Feds New Plan Could Break Bitcoin Market 00:39:40 Accurate Signs Markets are Breaking 00:44:29 Fed's Plan to Tackle DXY Shortage 00:47:33 Will RRP Drain Before The Halving? 00:52:20 Degen Trade Update 00:54:49 How to Position for the Liquidity Armageddon 👉 Share your thoughts with the Crypto Enthusiast Survey https://bit.ly/XCGsurvey Follow the team: xChanging Good Studios https://bit.ly/xChangingGood Espresso Newsletter https://bit.ly/espressobrew On Twitter @Marconiwight @MrBenLilly @JlabsJanitor @horushughes @Kodi_thekid @benjamin_skew Disclosure Statement This content is for entertainment purposes only. Nothing shared during this broadcast is or should be considered financial advice. The views and thoughts shared here are simply opinions. Do your own research and consult a registered financial advisor before making any investments. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit xcgood.substack.com
