Why in the fuck is no one talking about this 1.618 Fibonacci retest that occurs after every #Bitcoin cycle?
Past cycles retested perfectly, then grew 20x & 10x respectively, hitting or exceeding the 17.944 Fib level (yes these are Fibs, do the math), which projects $BTC to $300k
Tim Cook of Apple reveals that he has personally invested in cryptocurrency. “I think it’s reasonable to own it as part of a diversified portfolio,” he said at the #DealBook Online Summit. nytimes.com/2021/11/09/bus…
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Okay let me try to explain, multiple tweets
You have 1 BTC long (delta is 1)
Weekly MOVE contract
Strike: $29k
Price: 2.5k
btc price: $31k
Delta: 0.5
Gamma: some positive value
Theta: negative value
Short 2 MOVE contracts
2 * -0.5 = -1
Negative delta bc short MOVE
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