-Build short position against BTC until options expire (June 30th) after this I expect downside to increase sharply -US markets look horrific & FED tightening cycle (FED hikes, high inflation (demand destruction), Bonds already tightened market, oh yeah.. and Quantitative tightening)
To soon to call BTC bottom at $12,500 USD?? - 80% drawdown from Cycle top (April, was cycle top in my opinion, even though we made a higher high) - Fully think FED will be forced to stop QT and quickly pivot from stop hiking rates to reducing rates -the rate of tightening has been unprecedented > FED too late > FED hike too much too fast > we slow down to fast > FED need more liquidity in system NOW! > money printer go " Exponential BbbRRRRRrrrrrrrRRRrrr" > LOTS of LIQUIDITY NOW > up only.....(Start of Hyper inflation cycle this time????) = Bitcoin's true test? :)