[Daily Discussion] - Saturday, February 06, 2021 Bitcoin Markets

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• [Daily Discussion] - Saturday, February 06, 2021
• Bitcoin Returns Above USD 40,000 In Less Than A Month
• Bitfinex repaid the remaining loan balance of $550 million to Tether
• The added value of monitoring sentiment of Reddit posts, Twitter and Crypto websites
• %0,3 Target Strategy Reasonable?
• Bitcoin Layers and 2021 week 5 price analysis
• How to avoid Auto Deleveraging on Bybit? (ADL)?
• deribit delivery fee
• Hypothetical Price Behavior of Bitcoin Consistent with Previous Bull Market Price Behavior
• Phone hacked.. Coinbase pw help!!

[Daily Discussion] - Saturday, February 06, 2021 Posted: 05 Feb 2021 09:00 PM PST Thread topics include, but are not limited to: General discussion related to the day's events Technical analysis, trading ideas & strategies Quick questions that do not warrant a separate post Thread guidelines: Be excellent to each other. Do not make posts outside of the daily thread for the topics mentioned above. Other ways to interact: Get an invite to live chat on our Slack group submitted by /u/AutoModerator [link] [comments]

Bitcoin Returns Above USD 40,000 In Less Than A Month Posted: 06 Feb 2021 08:27 AM PST The most popular cryptocurrency, bitcoin (BTC), rallied on Saturday, moving back above the USD 40,000 level for the first time in almost a month. At the time of writing (14:38 UTC), BTC trades at USD 40,420 and is up by 6% in a day, increasing its weekly gains to 18%. BTC reached its all-time high of USD 41,940 on January 8th, per Coingecko.com data. Read full article here. submitted by /u/Augustuskw [link] [comments]

Bitfinex repaid the remaining loan balance of $550 million to Tether Posted: 06 Feb 2021 09:24 AM PST Tether opened a credit line for Bitfinex in 2018 due to the seizure of its payment processor's accounts which held at the time approx. $880 million of Bitfinex funds. To cover up the loss of Bitfinex customer funds, Tether – Bitfinex sister company – extended a revolving line of credit of up to $900 million for three years terms at an interest rate of 6.5%. The total accessed loan was $700 million. Bitfinex repaid $100 million each in 2019 and 2020. The last remaining $500 million along with interest (~6.5%) was paid in Jan 2021. Read more here: https://cryptopurview.com/bitfinex-repaid-the-remaining-loan-balance-of-550-million-to-tether/ submitted by /u/Natural_Mountain [link] [comments]

The added value of monitoring sentiment of Reddit posts, Twitter and Crypto websites Posted: 06 Feb 2021 02:29 AM PST Earlier ive shared tooling to monitor Bitcoin sentiment (or stocks, SPACs, the concept is the same). The past few weeks have been especially interesting to see the tooling in action. Ive added a plot that shows sentiment (as determined by looking at positivity or negativity in Reddit posts, Crypto websites etc) versus BTC price. Interestingly enough the past few weeks have added evidence to the thesis that sentiment can influence price. Looking back the correlation (obviously) isnt 1:1, but drops in sentiment are never followed by increases in prices and vice versa. Anyway I thought it was interesting to share an update, if there are any questions or remarks let me know. Mentioned plot: https://imgur.com/drzm1g8 submitted by /u/atc2017 [link] [comments]

%0,3 Target Strategy Reasonable? Posted: 06 Feb 2021 04:38 AM PST Hello, i have a trading strategy that generally aims for %0.3 and my stop loss will be -%0.45 (1/1.5RR) I will use 4x leverage on Binance futures. So my profit will be approximately will be %1.2 percent. and my loss will be %1.8 percent. I generally will try to use limit orders. If the trade is successful after the commissions approximately i will have %1 percent profit right? And my other questions is: Have u ever tried this kind of low target (%0.3) strategy with leverage? Do you think it is possible? If i use market orders will i be still able to make money after commissions? Thanks in advance. submitted by /u/blackburn44 [link] [comments]

Bitcoin Layers and 2021 week 5 price analysis Posted: 06 Feb 2021 10:22 AM PST Hey all, I've been working on a price model for the 2021 bull run. The following is a purely educational exercise. I'm fitting models based on data and am probably wrong. Here are the takeaways: Next local top in ~3 weeks It expects a 30% correction again from possible top of ~$70k Current predicted bubble top will occur June 30th, 2021 (+/- 15 days 95% confidence interval, see disclaimer below) Longer term (months): Price could reach up to $500k-$800k before bubble instability take over, although sufficient FUD could pop it sooner. Date of collapse disclaimer: The predicted date of collapse will shift around as we get more data, so the confidence bound is based on current data and can not account for future price action. As we approach the true date, the predicted date will start to remain constant and the confidence interval will become more relevant, maybe. This date has ranged from April-Nov 2021 when running on earlier data, to give a flavor of the variability of this prediction based on available price data. link to the post and more figures submitted by /u/DROP_DATABASE_USER [link] [comments]

How to avoid Auto Deleveraging on Bybit? (ADL)? Posted: 06 Feb 2021 04:56 AM PST I did a trade at 10x leverage and am only up 60%, but I am already in the 80th percentile for auto deleveraging (4 out of the 5 indicators were lit). How on earth do the moon, mmcrypto, dj15, etc. not get deleveraged when I've seen them do trades in the hundreds or thousands of percents??? IS there some basic trick I am missing? I don't want to close this trade so early when I am up, but I may have to so I don't get auto deleveraged. submitted by /u/averyycuriousman [link] [comments]

deribit delivery fee Posted: 05 Feb 2021 12:31 PM PST Hi, I am new to deribit and have sold some options. I do not quite understand what are the Delivery (Settlement at Expiry) fee? First, the delivery itself. I suspect, it's just an option expiry, right? it is set to 0.015%, but it is a fraction of what? underlying asset? If so , it is enormous, but I doubt so, but the option price at expiry is zero. And the last, who is subject to delivery fee? buyer, seller, or both? Thanks! submitted by /u/Dimadgo [link] [comments]

Hypothetical Price Behavior of Bitcoin Consistent with Previous Bull Market Price Behavior Posted: 05 Feb 2021 03:56 PM PST https://www.reddit.com/r/Cryptovillage/comments/ldksqs/hypothetical_price_behavior_of_bitcoin_consistent/?utm_source=share&utm_medium=web2x&context=3 submitted by /u/Underbox1982 [link] [comments]

Phone hacked.. Coinbase pw help!! Posted: 05 Feb 2021 04:21 PM PST Hacked!!! Help T-Mobile phone got hacked and they made a new sim, and tried to reset my pw and they got into my mail. Iono if they go in Coinbase or not? I deleted my authentication app and disabled my Coinbase account but I don't no if I did it fast enough. Called and they said primary number won't be able to do anything bc account was fraud. And to sign in to unable everything. I deleted my authentication app how do I get in now? Praying to god they didn't take anything 🙏🙏 submitted by /u/Bayareauser23 [link] [comments]

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