What do you mean by "scalplicious"?
Maybe, you wanted to say spectacular? That I certainly agree with.
It's a portmanteau of scalping and delicious. Markets that move like BTCUSD are a paradise for scalpers but that's tough to do on the exchanges we have. I'm going to be a very happy trader if/when I can trade BTC futures on huge leverage and low fees using TT.
Regarding Bitcoin funding interest rates having started to rise, I think this has more to do with the expectations of Bitcoin price going down (which is opposite to what you might think). People borrow more when they want to short, that basically means they expect Bitcoin prices to go down, and not rise in the nearest future. For example, USD rates are up when Bitcoin goes up since it makes perfect sense to borrow dollars and buy bitcoins with them. It works in reverse as well
I know what you mean, that's exactly what I was thinking going into the last forks, but the more I think about it I'm sure a lot of traders are just moving their funds into their trading accounts
ready to sell if the price goes down. The actual fall from the highs is very small right now so I don't think there is much shorting going on. It's just a theory I'm having at the moment
But this is what I'm saying myself
Well, at least, in respect of the effect on interest rates. In general, the rates are rising in two cases. The first case when there is no supply (let's assume the demand side doesn't change) and this is what you seem to mean, and the second one is when there is demand rising (i.e. when people are looking for a shorting opportunity). But in either of these two cases, people are expecting the Bitcoin price to tank, right? Since otherwise the supply wouldn't diminish, while the demand wouldn't increase