In this week's Crypto Insight I discussed...
In this week's Crypto Insight I discussed... the false break above 60,000 over the weekend in BTC and how as technical correction is needed and would be healthy for the longer term uptrend. With rampant speculation in the space and stimulus checks fuelling more retail exuberance, I could see a consolidation towards 45,000 before the next leg higher resumes.
ETH seems to be taking its cue from Bitcoin right now and options markets are also giving little signal on the next likely move. With vols drifting lower, I’d expect realised to follow suit over the next couple of weeks.
Filmed on Tuesday 16th March 2021.
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