Why THIS Bitcoin chart matters

in #bitcoin6 years ago

The crypto markets have been very interesting following the Bitfinex/Tether issues that have arisen in the media. But while things have been relatively stable following an immediate Bitcoin/crypto sell-off, a variety of factors are shaping up for increasing volatility.

Let's take a look at the Bitfinex Bitcoin premium and the rising funding rates that are costing shorts an arm and a leg and why it all matters to you!

Keep an eye on the Bitfinex BTC premium with this chart:
https://www.tradingview.com/chart/BTCUSD/PlQY1tPj-Bitfinex-BTC-Premium/

Su Zhu's tweet:

Loomdart's tweet:
~~~ embed:1122522644035850244 twitter metadata:bG9vbWRhcnR8fGh0dHBzOi8vdHdpdHRlci5jb20vbG9vbWRhcnQvc3RhdHVzLzExMjI1MjI2NDQwMzU4NTAyNDR8 ~~~

CZ's response to "Binance insolvency" due to Tether:

Try Lolli to earn Bitcoin back when you shop - https://cryptobobby.com/lolli

Get 100 free HXRO tokens to play Moon/Rekt when you use my link: https://cryptobobby.com/rekt

#Bitcoin #Crypto #cryptocurrency

Start mining cryptocurrency with Honey Miner! https://honeyminer.com/referred/58nbw

Buy and Trade altcoins on Binance - https://cryptobobby.com/binance

Secure your Crypto with a Ledger Nano S:
Amazon (faster shipping):
https://cryptobobby.com/ledger-amazon
Ledger (slower shipping, but cheaper): https://cryptobobby.com/ledger

Follow me on Steemit:
https://steemit.com/@cryptobobby

Follow me on Twitter:
https://twitter.com/crypto_bobby

Join the Facebook Group:
https://www.facebook.com/groups/140921189836895/

Portfolio Tracking:
Blockfolio - https://www.blockfolio.com/
CoinTracking.info - https://cryptobobby.com/cointracking
Bitcoin.tax - https://cryptobobby.com/bitcointax

*Some of these links may be affiliate links, meaning if you click and purchase something, I may receive a small commission at no additional cost to you. I only recommend companies and products I personally use, and any commissions help to pay for content creation. Thanks! *

** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**

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My boy Bobby is beardless.. all those shorts are screwed now!

I miss my beard :(

Have you updated your holdings my man? Lol, I tried to apply to work for your company as a front end dev. Application got rejected...as expected.