Sorry Patrick…(guest: Harris Kupperman aka Kuppy)
The Market Huddle
00:00
Bitcoin's at 5,000, but It's Still Holding It
There was a lot of guys playing, you know, the pair trade long, long GBTC at a 40% discount. And yeah, they might just be blowing up and unwinding the trade, which is why the spread keeps blowing out. I still think these are still vulnerable. Once it comes to that major support line of zero, the asymmetry starts to exist where you can take a play the other way. You're in the pedophile. Well, they that's what uses it. That's what it's made for.
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