[Daily Discussion] - Friday, June 11, 2021 Bitcoin Markets

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• [Daily Discussion] - Friday, June 11, 2021
• Search through and compare price trends of Bitcoin and most Altcoins
• Technicals are a mess, but the fundamentals have never been stronger.
• I have a question about futures data, it's a bit too specific but may be important for certain intraday traders
• Fed selling its corporate bonds no more cheap money for institutions and BTC recent pump from corporate junk bonds.
• Margin Trading in US

[Daily Discussion] - Friday, June 11, 2021 Posted: 10 Jun 2021 09:00 PM PDT 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]

Search through and compare price trends of Bitcoin and most Altcoins Posted: 11 Jun 2021 10:18 AM PDT Hi Traders! I created a tool that helps you search through and study/understand price trends of most cryptocurrencies. Link- http://everycoinprice.com/ The aim is to serve the crypto traders looking to understand price trends of various cryptocurrencies available in the world Let me know if this is useful. Thanks! submitted by /u/developeron29 [link] [comments]

Technicals are a mess, but the fundamentals have never been stronger. Posted: 10 Jun 2021 05:19 PM PDT I am a buyer here. I believe El Salvador is opening up a domino effect. We will see nation states deploy capital into BTC in the coming months, as well as average citizens in 3rd world countries. Not to mention, ETF's are on the horizon and other countries have already taken the leap, so why can't we follow? Many companies do not have access to spot BTC, but are chomping at the bit to be able to buy this dip. As well, sustainability narratives are switching. FUD will come back, but I truly think the amount of sheer capital about to enter the space will take this rocket ship to the moon. submitted by /u/HUMPDAY77 [link] [comments]

I have a question about futures data, it's a bit too specific but may be important for certain intraday traders Posted: 11 Jun 2021 04:53 AM PDT So, do you think is it better to use aggregated data of liquidations, open interest, order depth for scalping intraday, or to use isolated data from the exchange that I use for allowing quicker actions? (like only Bybit data) Also, aggregated order depth data sums all market types like spot, futures, perpetuals on all exchanges. So mainly my question is, the aggregated data I mentioned, will it delay or give false signals in short term actions? It seems a lot more trustworthy but don't know about short term like minutes or seconds. Addition: I recalled I had a second question: Do you think is checking spot data better while trading on futures (binance for example) for order depth, limit order walls, big market buys etc. This is also for scalping. submitted by /u/the-sigma-assassin [link] [comments]

Fed selling its corporate bonds no more cheap money for institutions and BTC recent pump from corporate junk bonds. Posted: 11 Jun 2021 12:21 PM PDT I have read today that the Fed plans to sell its corporate bonds instead of continuing to hold them which means less money to pump into BTC and the fed won't be holding the bag if the junk bonds microstragies sold default. On top of that the bonds are backed by the BTC they are buying which is no different then printing money except that BTC can't make more and the economy of El Salvador is hardly enough to sustain a trillion dollar asset. Congress considering a much smaller infrastructure spending bill, big tech break up and and people going back to work. No more rent money and stimulus checks going into BTC. The dollar has been strengthening and volume in usdt and BTC is plummeting. The news that poor countries want to use BTC as currency to be converted to dollars is not great news. Michael Saylor shilling BTC on Twitter is getting less convincing with claims of El Salvador designing and financing a volcano powered BTC mining rig. submitted by /u/mikejvoorhees [link] [comments]

Margin Trading in US Posted: 10 Jun 2021 07:13 PM PDT I use little leverage (2-5:1) to hedge my portfolio in bear swings of the market. I have been on Kraken for a long time and doing that. With the recent decision from Kraken, margin trading will soon become not possible for retail traders (unless you have 10 million USDs in your account). With the decision, I won't be able to continue short selling. I am looking for a workaround. I'm curious If I can short sell on Kraken without any leverage after this decision becomes effective? What could be alternative reliable platforms on which I can do what I have been doing for years? What do people use? submitted by /u/gsecer [link] [comments]

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