[Daily Discussion] - Friday, July 23, 2021 Bitcoin Markets

[Daily Discussion] - Friday, July 23, 2021
Are we going to expect another Dump by the end of July?
Which of these 2 charts makes sense?
Bitcoin bibliometric analysis
Social trading?

[Daily Discussion] - Friday, July 23, 2021

Posted: 22 Jul 2021 09:00 PM PDT

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Are we going to expect another Dump by the end of July?

Posted: 22 Jul 2021 11:42 AM PDT

The market is on track to record a modest monthly options expiry in the wake of the recent price crash – mainly because the cryptocurrency's price is lower. But there's still speculation some traders might try to use the moment to push prices as high as $50,000 to increase their payoff or minimize any payouts.

The May expiry, expected early Friday, would have been much bigger had it not been for bitcoin's recent drop from $58,000 to $30,000, which pricked the speculative bubble in the market. That makes the upcoming last week of July expiry the smallest of 2021 in terms of nominal value. The question is will it go much lower again this end of the month?

Dump after another or Rise after dump?

thoughts about these fellow traders?

https://www.investingcube.com/bitcoin-options-market-could-see-5-billion-expiries-in-july-as-market-speculation-rises/

submitted by /u/BreannaDevlin
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Which of these 2 charts makes sense?

Posted: 23 Jul 2021 05:09 AM PDT

I was experimenting with the Fibonacci channels tool. I know that drawing straight lines on log scale is not technically correct, but I think this is interesting

Chart A https://www.tradingview.com/x/5A0tJttX/

Chart B https://www.tradingview.com/x/cAu8IPvv/

Which of these charts do you agree with?

submitted by /u/Qattaj
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Bitcoin bibliometric analysis

Posted: 23 Jul 2021 01:22 AM PDT

Found an interesting article about which scientific topics related to bitcoin were most often covered a few years ago. And this is not similar to what we have now at all. Check it out

submitted by /u/SimilarPack
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Social trading?

Posted: 22 Jul 2021 03:17 PM PDT

I have seen social trading features pop up and become discussed frequently on Twitter. Does anyone on this subreddit have experience with them?

submitted by /u/hisandherpistols
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