Bye Bye Shitcoins, Bitcoin Moon
Here it is, the 31st edition of The FUD, where I talk about the biggest FUD of the week. I help clarify events that crypto twitter decides to escalate. Leggo.
This week Bitcoin has decided to finally move, leaving the entire space in it’s rear view mirror…
Bitmex – End of an Era
All good things come to an end.
Bitmex was by far the leader in the exchange game for soo long, you had infinite liquidity and no KYC. A crypto connoisseurs dream.
Bitmex era ends 🙁— Romano (@RNR_0) October 21, 2020
Pick a new home
FTX 10% discount instead of 5%: https://t.co/RB18IudGWB
Bybit discount: https://t.co/mqCB98hVmO
Binance 20% discount instead of 5%https://t.co/0uR3FJNHZQ
Deribit discount: https://t.co/D5BIP9N4fO
Bitmax discount: https://t.co/0Ywh6kMZAF https://t.co/fffw3GevJd
But all good things end, recently the CTO got arrested, Bitmex is facing lawsuits and well.. KYC is mandatory now, it was fun while it lasted.
US Elections – Risk On Season
With the elections coming up for the future president of the free world everything goes.
Tell me more about Biden’s predicted landslide victory. https://t.co/1BEhhdPlix— CryptoGainz (@CryptoGainz1) October 20, 2020
Let the FUD begin, MSM gonna mess up another one. They will do what they can and attack whoever they can to discredit the other side. Now look I am not for Biden, but it’s quite ironic how free speech is what is stopping free and fair elections.
It’s quite funny,
CT is the easiest way to see a top or a bottom.
It’s a miracle CT has not gone extinct yet— //Bitcoin 𝕵ack 🐐 (@BTC_JackSparrow) October 20, 2020
Bull at tops, bear at bottoms
Don’t people run out of money?
Bitcoin get to the solid resistance point and everyone is a bullish. I don’t get it. Is everyone just trolling? Is twitter the the new bitmex troll box?
The 2020 Pattern
202 has given us many thing to wonder about. But one unique thing has emerged, a new TA pattern which has been repeating quite often.
So what’s this pattern called? pic.twitter.com/hHUi5GCMmO— FomoHunt (@FomoHunt) October 18, 2020
Gonna call this ‘The 2020 Pattern”
The king is back.
Move over shitcoins, once bitcoin settles you can follow.
$BTC On-chain vs spot volume ratio is in regions previously linked to some serious moves up or down— //Bitcoin 𝕵ack 🐐 (@BTC_JackSparrow) October 21, 2020
It matches the idea of strong volatility inbound
I just hope to be on the right side of the move pic.twitter.com/S2SNAKkeKf
Bitcoin is looking good but not in the clear yet. Once this settles there will be insane opportunities across the alt markets. Play this right and you will secure your share of the largest wealth transfer of this generation.
Hope you all enjoyed the update, follow me @TheBitcoinaire and @MineDigital on twitter and medium to stay updated on The FUD and Whisky & Wicks. For the best rates in Australia guaranteed use Mine Digital. Mine Digital also has insured custody so don’t worry about your funds.
Please note this is not intended as financial advice. Always do your own research. The writer holds (and is biased towards) Bitcoin. The writer’s thoughts are his own and do not reflect those of Mine Digital.