Bitcoin: A Very Weird Situation

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Bitcoin: A Very Weird Situation

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It’s been an interesting few days. From going from actually bored at the Bitcoin crypto markets, to running around panicking. As extreme as that 180 reaction that is, and how that usually doesn’t age very well, here’s what FUD came out this week adding fuel to that panic.

China banning Bitcoin (again)
France suggesting imposing KYC for, get this, all transactions. Good luck with that.
Mt. Gox definitely ready to distribute $2 billion worth of Bitcoin very soon. As they’ve been saying since 2018.
Citibank downgrades Microstrategy stock from buy to sell. The sheer audacity of a bank no less saying that.

So should we be panicking right now and if so to what degree. Let’s take a look at on chain factors to see if we can glean some insights.

Disclaimer: I am not a financial adviser and this is not financial advice.

#crypto #cryptocurrency #bitcoin

Bitcoin and other crypto news, prices and info. Bitcoin Something Weird Is Happening With Big Money Guys! [Crypto News 2021]. Bitcoin: The Situation Right Now (is anything self-evident?). Bitcoin: The Reality of the Situation (It’s Not What you Think). MAKING FORTUNE WITH BITCOIN!! Weird Millionaire Interview (That Martini Guy) Crypto, Defi, YouTube. LIVE: Bitcoin Price Rally, Weird Ripple Transactions & The Smartphones Mining Crypto Trend. FIN DE L'EFFET LEVIER ? WEIRD WHALES UN PROJET NFT DELIRANT... ACTU CRYPTO MONNAIE BITCOIN 2021. THE MOST INSANE BITCOIN SITUATION HAPPENING RIGHT NOW!!!!! [unbelievable}. Ethereum Price Explodes, DOGE All Time High, Bitcoin Is Weird, eBay + Crypto & Visa Loves Bitcoin. Uniswap Censorship, Weird Whales, & Binance divorces FTX. Bitcoin Bear Trap Potential Situation & Targets. #Shorts. Bitcoin Ausbruch bärisch! Viele schätzen die Situation falsch ein! BTC Chartanylse. Überkaufte und Überverkaufte Situation mit dem RSI erkennen! Bitcoin Trading Tutorial 16/30 deutsch.

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