š Is all the bad news out? Noāthe next hidden risk is Iranā¦
Everyone already knows rate hikes are expected, and the market has priced them in well in advance. Itās no major shock.
The next real risk to watch for is an escalation of the war in Iran (guard against a black swan).
My near-term game plan:
1ļøā£ Short term: Iām watching to see if thereās a little āwickā down tonight. If there is, Iāll pick up a bit more.
2ļøā£ Mid term (higher conviction): The recent plunge is mainly due to the double whammy of āBinance being hacked + Democrats taking the House.ā Itās hard to imagine a bigger shock than that in the short term. So Iāve just opened a small position to hold for a little longer and see how things play out. Itās not a gambleāI think the outlook is relatively clear.
3ļøā£ Longer-term milestone: The next window to watch is December 9. Weāll see what happens then, while also staying prepared for an escalation in Iran.
The logic is simple: once the bad news is out, itās time to bet on whatās more certain. What do you think tonight? Anyone planning to buy the dip like me?š
$BTC #BTC
Everyone already knows rate hikes are expected, and the market has priced them in well in advance. Itās no major shock.
The next real risk to watch for is an escalation of the war in Iran (guard against a black swan).
My near-term game plan:
1ļøā£ Short term: Iām watching to see if thereās a little āwickā down tonight. If there is, Iāll pick up a bit more.
2ļøā£ Mid term (higher conviction): The recent plunge is mainly due to the double whammy of āBinance being hacked + Democrats taking the House.ā Itās hard to imagine a bigger shock than that in the short term. So Iāve just opened a small position to hold for a little longer and see how things play out. Itās not a gambleāI think the outlook is relatively clear.
3ļøā£ Longer-term milestone: The next window to watch is December 9. Weāll see what happens then, while also staying prepared for an escalation in Iran.
The logic is simple: once the bad news is out, itās time to bet on whatās more certain. What do you think tonight? Anyone planning to buy the dip like me?š
$BTC #BTC
