Monday, November 14, 2022

WallstreetVR Comments on Recent Events

I want to provide varying perspectives on recent events.

SBF went bankrupt, and I cross posted an image of a lot of people involved that are connected to the stock market and more on r/WallstreetVR.

The worst part is that Saylor has lost a lot of money on $MSTR thus far. There is the possibility that if bitcoin continues heading towards 10k, he will get margin called.

The bank silverware could also be affected. In this scenario, we could see liquidation events accross the stock market as well as the crypto market.

This could lead to a further decline on bitcoin. However this is not a price prediction just looking at possibilities.

It is also possible that the people to be liquidated were trading against clients in every market from stocks commodities/metals/bonds. This means the recent T shaped candle sticks on all the sp500 related stocks is possibly an indication that the liquidations would be shorts not longs.

I hope This does not tell you where to buy or sell but to think about the possibilities of global markets.


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