1 Bitcoin liquidation and deleveraging. 2. Margin positions on Bitcoin since June 2020
China’s recent crackdown on Bitcoin is in relation to the massive amount of leverage the Chinese use to invest in speculative assets like Bitcoin. In July 2020 the Chinese were borrowing over $20 Billion in margin loans to invest in its equity markets. This would also include Bitcoin which can only be traded on an App.
And it took a Tweet from a billionaire to set it off.
All articles to date: Inflation and the Finite endgame
next: “Inflation and the Finite endgame”. Peak Copper. Could it lead to a technological collapse?
C H I A S M U S 