Never seen this correct so fast. Literally dumped from $52k to below $47.5k in seconds after I had typed this up. #bitcoin leverage should now be broadly re-set. 
As expected. Financing can still be cheaper of course, but the speculative excess has been cleansed entirely and funding is back to normal. #bitcoin
I was very much too lazy to actively trade this again and short the dump and then go long when the premia flipped, but just in case you missed it:
BOTH of these were (again) massively positive during the dump and turned flat and then negative when the dump was over.
BOTH of these were (again) massively positive during the dump and turned flat and then negative when the dump was over.
The #tether premium and leverage premium have been the most reliable short-term indicators I ever saw in #bitcoin trading for most of this market. They are very much like cheat codes. Probably not a bad idea just to check them out and understand them... $BTC
None of it is advice
None of it is advice
Here is how to set up the tickers if you are having trouble with that.
https://twitter.com/dkcrypto13/status/1362818666941861893?s=20
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