Hey Guys,
In case you were wondering, I was not able to shoot the news yesterday – wasn't feeling too well.
Although I'm still not feeling my best, I know that you guys can't start your week without some Coin Bureau crypto news.
So, I managed to brave the elements (as well as a London Tube Strike) to get the news shot!
That's because last week was perhaps one of the most crazy weeks in all of crypto's history.
The good news is that most if not all the weak hands have been shaken out but…
The bad news is that all the poorly managed crypto companies are still in the process of trimming down their operations or closing up shop altogether. I am of course talking about the likes of 3AC and Celsius which seem to be in trouble.
All this chaos in the crypto market seems to have attracted the attention of regulators, and though we haven't seen any big crackdowns yet, I suspect we will see some, and they could mark the bottom of this brutal multi month move downwards.
Going forwards it looks like we've caught a bit of support around the 18k range. This is consistent with a new indicator I came across on TradingView that I discuss at the end of the video (no shilling, don't worry).
Be sure to stay tuned until the end to get a quick analysis of how much lower we could go, and where last week's top performing cryptos are headed next!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Crypto Market Collapse: https://www.coindesk.com/markets/2022…
► Three Arrows Capital Crypto Investments: https://www.threearrowscap.com/select…
► Celsius Stops Withdrawals: https://blog.celsius.network/a-memo-t…
► Kraken Continues Hiring: https://cointelegraph.com/news/kraken…
► Circle Euro Stablecoin: https://cointelegraph.com/news/circle…
► Panama Crypto Bill: https://decrypt.co/103126/panama-pres…
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
