Some of the best predictions and alpha comes from the places you would least expect, like
coming from me the dude of crypto!
I pronounce words wrong, I’m brash, I will call you out…
That is why you should never judge a book by its cover, and judge them by understanding
the person behind that cover.
So you ready to dive deep into the pages of Tyler!?
Well you don't have much of a choice, unless you me off…because it’s time for Chico
Crypto!!
Let’s begin, with that Big ole crypto Bitcoin….After an extremely bullish start to October, it
started to slide yesterday.
From the 55.5k high down to just below 54k.
So is this the BIG crash, the BIG Dip I’ve been saying would come this entire week!?
No, No, not at all…
The centralized exchange manipulators haven’t set enough people up yet.
Pulling out the liquidation and price chart from bybt, we can see with this small DIP,
that there was a drop in the bucket of LONG liquidations.
Just $112 million, and that even was less than the $152 million set yesterday!
It’s gotta be a much bigger DIP, and they aint gonna pull the rugger, until they can
liquidate at least over 1 billion…because if we go back to September 18th BTC dipped
from around $48000 to around $44500.
A crash of $3500 which netted the exchanges 1.15 billion in long liquidations.
And then, like I showed yesterday, September 5th, when the price crashed from $52k down
to $46k.
A crash of $6000 netted them 3.2 billion!!
So expect the unexpected!???
In my Tyler Analysis (TA) opinion, there will be a BIG ole diperooksi, between $3000 to
$6000 dollars!!
Remember, when the cards are known by the exchanges, aka leverage traders liquidation
levels.
They cannot resist pulling that rug.
So when is it coming!?
Well I think there are 2 possible scenarios and one is more likely.
The first scenario is it could come soon, and we would have a BIG crash from the current
level as of yesterday $54k all the way down to $50k.
Why do I slightly think this could happen!?
Well if you didn’t know, $50k isn’t a number of resistance…we have blown through
it pretty much every time the price has gotten near this year.
It’s a number of support!
February through April of this year,it provided support on 3 different occasions.
Once in early March, Once in late March, and then one more time in late April.
So is $50k support going to come into play this go around!?
Like I said, it could but I’m leaning more towards this second option.
Now, people are extremely cautious in the market right now.
Many of those putting in the BIG trades, aka Big leverages are not…even with this most
recent runup.
They still have the September taste in the mouth, where the RUG was pulled when we broke
$50k and shot up to just past $52k.
They don’t want to get REKT, like they did just a month ago…
Sooo personally, I think yesterday was just that, a slight cool-off and we will get another
RUN here soon!
A big ole green dildong, pushing us up towards $60k…and just after that is when the BIG
dip will come!!!
Possibly even a $6000 dollar one, bringing us back down to between $54 to $53k.
So, a BIG diperoo could be coming, but even with the small one yesterday of just near
1 percent, Altcoins got hammered even harder.
Many coins dipped way further than Bitcoin, with nearly 70 percent of coins in the top
100, bleeding RED!!
So based on my predictions, this may be one of the worst time to buy alts…but throughout
this, when I see RED, I see opportunity.
So let’s finish this episode off, with some of the best altcoin opportunities out there,
in my opinion!!
So let’s talk about the Base, Coinbase as they are going on a coin adding spree, which
began to really heat up last month in September.
That month they added DerivaDao, DeFi Money, Radicle, Rari Governance token, XYO, Braintrust,
Horizen, Shiba, Adventure Gold, and Finally Avalanche.
And 6 days into October, we got the first addition from them, and it was a special one.
The first time in a long time, they added a group of 4 tokens at the same time.
2 days ago they announced the addition of function X, Jasmy, tBTC and one of my favorite
crypto’s the wrapped version of Centrifuge!!
So what pumped & what didn’t?
Well I’m a little disappointed with this addition for a few reasons.
tBTC is a bitcoin on ethereum protocol, so it did whatever the bitcoin price did.
2 of the shatcoins pumped like mad, near a 100 gain like Function X, and just under 100
percent gain like function X, while Centrifuge only jumped earlier, a respectable 55 percent
gain, but on the day of the listing it started falling, while the others pumped!!
Sooo what the freak is going on?
Why are two shatcoins, pumping more than the most solid enterprise DeFi coin out there,
connecting real world assets to DeFi?
It all comes down to, exchange manipulation.
Looking at Function X, we can see where all this PUMP volume is coming from…over 117
million from Upbit, and over 46 million from Bithumb.
Don’t you find it suspicious that Function X didn’t PUMP when it was added to it’s
top volume exchange today.
They were added to Upbit April 10th, in the middle of a bull.
And the price did nothing that day, it dumped.
And the same goes with their 2nd top volume Bithumb.
Added September 17th 2019, and again the price did nothing, just a slight pump.
So why does Coinbase make this thing PUMP like mad?
Both those exchanges, Upbit and Bithumb are South Korean…what this looks like to me,
is a South Korean, whale fueled pump and dump as if you go to see REAL demand, back at their
markets on a DEX, where anyone in the world can trade…there is just 335 dollars worth
of volume on Uniswap.
And with Jasmy, it’s not even listed on a DEX like Uniswap, so you can’t gauge real
demand…just centralized exchanges.
But if we go to Centrifuge, we can see it has real demand!
Their top volume is not from a centralized counterpart, where they pay the exchange to
“market make” but from a Dex, over 7.5 million from Uniswap.
I just call a spade a spade & that is exactly what I’m seeing.
Fake volume definitely for Function X, possibly for Jasmy, and real for Centrifuge…but I
have a prediction now, like I have done in the past, predicted Coinbase listings & this
one is for one of my favorite cryptocurrencies.
But first, it’s time for a sponsored segment of this video brought to you by the team at
Rubic... and like always, the details of our agreement can be found in the description…
We first met the Rubic last month in a previous sponsored segment… let’s do a quick refresher
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But now let's get to the juicy stuff… what have they been up to?!
Well, they’ve been busy building more integrations and recently finished integrating Uniswap
v3 into their platform bringing with it nearly $2 billion in TVL and nearly $1 billion in
daily volume along with an expanded selection of tokens to trade.
They’ve also recently completed an integration with the 0x Protocol… 0x even goes as far
as to recognize Rubic as an official partner on the 0x website.
These new integrations now give users access to more than 50+ DEXs, offering more liquidity
sources with access to better rates, all located on one platform... the Rubic Exchange.
They also updated their roadmap and announced they are fully integrating 4 additional blockchains
into the Rubic Exchange by the end of Q4… currently Avalanche, MoonRiver and Fantom
are the new blockchains chosen…one more to go…who could that be!?
Avalanche is already in motion and they plan on being fully integrated by mid October.
The first step is integrating the 3 main DEX’s: SushiSwap, Pangolin and Trader Joe along with
creating a token bridge so users can begin trading and making instant swaps on the Avalanche
network directly from the Rubic Exchange.The second phase will be connecting Avalanche
to the Cross-Chain Routing system making Avalanche fully interoperable, token for token, with
Ethereum, Polygon and BSC.
In celebration of these new Avalanche partners Rubic will be offering a gas refund promotion
for users who complete cross-chain swaps on various Avalanche platforms.
They also just announced a Rubic x Avalanche Meme Contest you can take part it in!!
So Rubic is redefining the DeFi economy by creating a platform where all the disjointed
aspects of DeFi are consolidated into one really simple, easy-to-use interface, bridging
blockchains together helping traders save time and helping them find the best prices
on trades.
Make sure to visit the Rubic Exchange and plug into the Rubic socials… all links for
Rubic, are down below!
Now back to that possible Coinbase exchange listing, me thinks is coming soon, right in
the middle of this Q4 hype!
Now if you know anything about Coinbase additions, they like to add a certain type of token.
An Ethereum erc20 token.
It’s simple for them, the infrastructure is there, and ready…meaning not much work
for them to get a token live, thus saving them money!
Well last year, In June Coinbase announced the deployment of Coinbase Rosetta.
And as we can see in the announcement blog, this is for connecting to exchanges that use
Rosetta, aka connecting to Coinbase.
It says “the Rosetta interface makes it easier to ensure compatibility with exchanges
that use Rosetta, and can dramatically speed up the time it takes exchanges to integrate
with new blockchains”
So this Rosetta is for chains, that aren’t Ethereum based, their own consensus and blockchain.
Now Since Rosetta was released, many projects began integrating it into their platforms.
Kadena, Handshake, Mina formerly Coda, and many others including the Energy Web Chain!
Well let’s just take a look at the Github’s for each protocol, specifically their implementation
of Coinbase Rosetta.
Taking a look at Handshake, their last commit to the specification came all the way back
when it was announced.
June of 2020.
So more than likely not adding Handshake in the near to mid term.
As we can see the Mina protocol is actually way behind the master branch of rosetta, and
their last commit came to it back in September of 2020.
Most likely not adding Mina, anytime soon.
Kadena’s last commits are closer to today, they came on June 24th of this year.
Committing just 4 months ago, so in my opinion, more likely to be added than Mina or Handshake,
but they aren’t the most recent workers on a Rosetta implementation.
The most recent is the Energy Web Chain.
Checking out their github homebase for Rosetta, it was actually worked on Yesterday!!
And then clicking into insights, we can see that there were 3 chores being worked on 3
days ago, updating the volta specs to the latest rosetta, 2 days ago docker, and yesterday
improved node querying reliability.
So the question that pops into my head is why is Coinbase all the sudden working on
Rosetta??
Well here is another thing I find interesting.
One of the first Rosetta builders added to Coinbase, Filecoin back in December of 2020,
is also recently working on rosetta.
Just 5 days ago, their github shows work being done!
Hmmm, is all I have to say.
Cheers viewers, I'll see you next time!