[FREE ALL ACCESS DAY] Bitcoin Trend Tracker: "Prison Isn't That Bad" | King of the Ashes?

Editor's Note: Below is a complimentary edition of our Bitcoin Trend Tracker. The Bitcoin Trend Tracker brings Hedgeye Risk Management’s indispensable trading tools to the largest cryptocurrency. Our highly sought after, proprietary buy and sell risk ranges are specifically designed to help you make better sales at the top end of the bitcoin risk range and purchases at the low end.

Get access to the rest of the Hedgeye research featured in "Free All Access Day."

ON-CHAIN & ANECDATA  

• Full breakdown thread on FTX blowup  >> twitter.com/jonwu_
• CZ announcement tweet >> twitter.com/cz_binance
• SBF announcement tweet >> twitter.com/SBF_FTX
• Coinbase responds to FTX situation >> twitter.com/brian_armstrong
• UpOnly livestream with CEO of Wintermute, Jim Talbot, Gainzy, Do Kwon, and Martin Shkreli >> https://www.youtube.com/watch?v=YimBTM7kwjc
• CMS intern notes on UpOnly livestream >> twitter.com/cmsintern
• Zhu Su, founder of Three Arrows Capital, tweeted about his current situation and thoughts after no tweeting for 4 months >> twitter.com/zhusu
• FTX stealth bailout of Alameda back in May?  >> twitter.com/LucasNuzzi
• Explainer: How Binance and FTX Sent Shockwaves Through the Crypto World >> bloomberg
• Galois: King of the Ashes? >>  twitter.com/Galois_Capital

*With exception, risk range calculations and market data reflect pre-market prices (updated as of 6:00AM EST +/- 30 mins)

**Performance in title is calculated using latest price relative to the Bloomberg CFIX reference rate which provides a simple average of the BGN Pricing Source for any given Cryptocurrency over a 15 min window between 4.00pm and 4.15pm EST.  Here, it serves as a reference proxy for "overnight" performance.