been watching »bIb Closer than
usual because we have a client
with an extremely large position in
crypto and we’re working on partial
liquidation plans in the very near
future. Plans are to CA (Dollar
Cost Average) out of it to the tune
of roughly $11 MM net-after-tax (or
$14MM gross), which would mean
something like selling $3MM every
week for four weeks, or $1MM every
week for 14 weeks. The point of a
De strategy is to “catch the market
on a good idea,” since no one canThat being said, the beauty of
rechnical anal sis is that, while we
can’t predict, we CAN define risk
levels and lines in the sand below
which we might want to accelerate
our selling process… and Bitcoin just
managed to find itself in a relatively
bearish position this week.