Show notes
The Biggest Bitcoin Trade of the Year (maybe the best since 2020) is right around the corner as multiple market factors converge. Learn how to see the setup and play it like a sophisticated trader. 👉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 30 episode of the Trading Pit, #Bitcoin is once again trading above $40K as the Grayscale sell pressure slows. While Bitcoin continues to range, the market is coiling for a massive move as implied volatility is suppressed, perpetuals and options suggest sidelined traders, and all eyes shift to the Bitcoin Halving in April, 2024. But signs of turbulence are all around. TradFi investors are investing in risky yield products to juice returns, assuming the calm #VIX will remain calm. But how long can "up only" last? The fed plans to wind down the Reverse Repo facility, cutting down a key source of liquidity. Meanwhile, TradFi options traders are short volatility. If the DXY goes "boom", their portfolios may burst. Listen in to hear how the Trade of the Year Setup will come to pass and how to play it. Chapters: 00:00:00 Why Bitcoin Jumped to $44K 00:04:50 Engineered Liquidity and Bear Movements 00:13:01 Someone is Suppressing Crypto Volatility 00:17:50 Market Open 00:20:40 DXY + $52K Bitcoin 00:24:45 Liquidity Armageddon 00:29:36 How Dangerous is Volatility Right Now (Vega Short)? 00:36:49 Greedy Yield Chasers 00:43:26 How's The CoinCall Trade Performing? 00:47:24 How to Play the Trade of the Year 01:00:33 Using Puts as Insurance 👉 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
