MacroScope
@MacroScope17
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Topics: institutional trading, asset management and monetary policy. Tweets are opinions only and are not intended as advice.
New York, USA
Joined August 2017
Last week at BTC 113k. "Crack" in progress. Futures data from Friday continues to be price-favorable. More on that soon.
The derivative positioning that's been contributing to BTC's longstanding trading range and putting a soft ceiling on price is starting to crack. When you're offsides in a pending range breakout, it's usually best to close out those positions early.
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One year ago today at BTC 57k.
Not sure why, but I haven't seen any comparisons between Germany's current sale of BTC, and the 1999-2002 sale of national gold reserves by the UK/Gordon Brown (average sale price: $275 per ounce). Maybe it's ancient history for traders at this point. But in terms of outcomes,.
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Crucial for traders to be watching for BTC headlines right now. DC focus. Also filings. 13Fs are getting busy but possibly unexpected ones too.
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The market is sniffing out some very large and badly offsides positioning. Not a good place to be if you're on the wrong side of it.
The derivative positioning that's been contributing to BTC's longstanding trading range and putting a soft ceiling on price is starting to crack. When you're offsides in a pending range breakout, it's usually best to close out those positions early.
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The derivative positioning that's been contributing to BTC's longstanding trading range and putting a soft ceiling on price is starting to crack. When you're offsides in a pending range breakout, it's usually best to close out those positions early.
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Can't remember ever seeing an asset like BTC right now, where so much sidelined money has been watching the chart for so long with a plan to buy "once it breaks out." This includes institutional guys who assume enough offer-side liquidity (and time) will be there for desired.
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As a US citizen who's visited El Salvador three times since 2023, I have nothing but laughing contempt for this. In fact, after reading it, I think I'll visit again soon as a show of support for the county. If you feel the same way, you should too.
U.S. Senate bill calls for sanctions on El Salvador's #Bitcoin strategy. Targets Bukele's regime, BTC purchases, exchange activity, and alleged sanction evasion.
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Approaching an active multi-month period for headlines. Watching:. "While details of the report’s contents remain scarce, some industry participants speculate it may include recommendations on funding a strategic Bitcoin reserve without burdening taxpayers.".
I’ve mentioned this before but it will become more important in coming months. During the rest of 2025, traders should be watching for any indication that the US government will start acquiring BTC. This could happen via legislative action (which is the best route) or other.
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I’ve mentioned this before but it will become more important in coming months. During the rest of 2025, traders should be watching for any indication that the US government will start acquiring BTC. This could happen via legislative action (which is the best route) or other.
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One week ago. Since then:. Gold -3.7%.BTC +7.5%. "Unwind" continues.
In coming days and weeks, we may see how much of the recent bid under gold -- and the ceiling on BTC -- can be explained by anticipation of military action in Iran. My guess: probably substantial for both assets. Gold usually knows. If there’s a war premium there that starts to.
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From my El Salvador trip report posted in August 2024:. "Women seem especially liberated by the improved security. I've learned that life was hard for many of them before the gang crackdown. They now feel safe and free. Many are starting businesses. Women are also an important.
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One year ago at BTC 61k. The morning after the Trump-Biden debate. If you think the US government could start buying BTC, then the “shocking” part below still applies. I view this as possible at the very least and it should be on more traders’ radar.
Readers know that any political posts here are always in the context of asset implications, not from a personal perspective or preference. And in that spirit, after last night's presidential debate and the general public reaction to it, I'm ready to say this: The gap between.
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Important. .
After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage. SO ORDERED
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24 hours ago. "Unwind" in progress across the board. Headlines could still be an issue, but this is working for now.
In coming days and weeks, we may see how much of the recent bid under gold -- and the ceiling on BTC -- can be explained by anticipation of military action in Iran. My guess: probably substantial for both assets. Gold usually knows. If there’s a war premium there that starts to.
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Sunday night gold only up five bucks from Friday's close. Let's see how this plays out.
In coming days and weeks, we may see how much of the recent bid under gold -- and the ceiling on BTC -- can be explained by anticipation of military action in Iran. My guess: probably substantial for both assets. Gold usually knows. If there’s a war premium there that starts to.
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In coming days and weeks, we may see how much of the recent bid under gold -- and the ceiling on BTC -- can be explained by anticipation of military action in Iran. My guess: probably substantial for both assets. Gold usually knows. If there’s a war premium there that starts to.
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Young toughs terrorize the city…identifiable by their tattooed insignia on the backs. Their main business is extortion. Prying protection money from taxi drivers, shopkeepers, housewives and small schoolchildren. Lee Kuan Yew, becoming independent Singapore’s first Prime.
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Below:. "The first objective of the ANIA will be the training of Salvadoran talent in AI, a strategy aimed at creating favorable conditions to attract ethical and long-term investment.". From my El Salvador trip report on August 10, 2024:. "Potential investors take note: This is.
Mario Flamenco appointed to lead the National Agency for Artificial Intelligence. Congratulations, Mario. This is so well-deserved. Mario has been instrumental in helping me build our ‘excellence-only’ success model at the Bitcoin Office. And this is just the beginning…
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Part of a longer interview last week. Based on Tudor Investment's most recent 13F filing, his IBIT position was valued at $222 million as of March 31. This was the second-largest stock/ETF position in Tudor’s entire portfolio (IWM was larger but he also reported a big IWM put.
JUST IN: Billionaire Paul Tudor Jones said Bitcoin, gold, and stocks are the "best portfolio to fight inflation." 👀
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