The Options Insider Radio Network The Crypto Rundown 32: Has the Crypto Worm Turned Again
Oct 1, 2019
53:38
- HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
- GUEST CO-HOST: JOSH GREEN, HEAD OF TRADING, DIGITAL ASSET CAPITAL MANAGEMENT
BITCOIN BREAKDOWN SEGMENT
- CRYPTO TRENDING MUCH LOWER SINCE LAST SHOW?
- DOWN OVER $1500 FROM LAST SHOW
- HIT A 3.5 MONTH LOW THIS WEEK
- HIGH OF THE WEEK: CAME DURING OUR SHOW DAY LAST WEEK AT $9827
- SOLD OFF AGGRESSIVELY ON TUESDAY TO $8364
- BROKE $8K AND HIT $7943 ON THURSDAY
- WAS TRADING $7763 THIS MORNING AND NOW HAS RALLIED NEARLY $300 TODAY
BTC OPTIONS TRADES OVER THE PAST WEEK
- SELL 400 NOV 1300 CALL
- SELL 200 SEPT 7000 PUT - NOW EXPIRED
BITCOIN NEWS
- Where BTC and the Crypto Market Stand Now
- CME BTC FUTURES - DECENT VOLUME DAY AND ACTIVE WEEK
THE ALTCOIN UNIVERSE SEGMENT
- MIXED WEEK FOR ALTCOIN
- ETH: ANNIHILATED OFF NEARLY $30 FROM LAST SHOW
- XRP - LOOKS LIKE RIPPLE ISN'T BACK AFTER ALL
- LTC - CRUSHED - DOWN $16 FROM LAST WEEK
- BITCOIN CASH - CRUSHED - DOWN $77 FROM FROM LAST SHOW
CRYPTO QUESTIONS SEGMENT
- COMMENT FROM Bingotrader: Why are they manipulating the crypto price down? Not approving etfs is tantamount to favoring shorts
- QUESTION FROM TALEION: Are you guys concerned about the recent selloff or is this just a blip?
- COMMENT FROM CAPBEX: So much for Bakkt being the starting point of a new huge BTC rally. This selloff coincides almost exactly with the launch of their future. Coincidence?