BitCoin up while banks collapse

proxygo

proxygo

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At least Bit Coin people are having a good day

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Yup Banks collapsing left and right,

If I were a betting man I'd put my money on First Republic Bank to be the next to collapse.
 
Yet the other bank that died was Signature Bank which also has close ties to crypto
https://www.forbes.com/sites/brianb...rks-third-largest-in-history/?sh=5662344b90ff

Signature had $88.59 billion in deposits as of December 31, 2022. The New York Department of Financial Services has taken possession of the bank. Signature was one of two banks that was widely used in cryptocurrency. Like Silvergate, which collapsed on March 8th, Signature had a network that let crypto companies transfer dollars in real-time
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if there are more runs on the big banks
its possible the stock markets dive as well
its a good day to be alive
 
proxygo said:
if there are more runs on the big banks
its possible the stock markets dive as well
its a good day to be alive
Click to expand...
Will be after the crash so yes good days to be alive and connected.
 
The US is trying to stop this contagious, they amended their old message about rising the interest rates to reduce inflation rates. They don't want another 2008.

Lets see how they manage this situation, for now Stocks are rising, crypto world was nice and just got the indirect pump of the stocks
 
justdantz said:
It is possible to be a pump before the fall....
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you see the flat line just to the left of the chart?

That was the fall with SVB plummeting it and USDC losing its peg it rekt most charts as people withdrew because they thought it was going to be another depression

The fall has happened this is the pump that sends us to new highs where we sideways for a bit then september is when it gets exciting
 
Crypto currency are gettingmore famous now, and more people is giving it a try but still it might fall again and what is happening with the banks I'll prefer to have my money under my bed.
 
Sol said:
you see the flat line just to the left of the chart?

That was the fall with SVB plummeting it and USDC losing its peg it rekt most charts as people withdrew because they thought it was going to be another depression

The fall has happened this is the pump that sends us to new highs where we sideways for a bit then september is when it gets exciting
Click to expand...
Let's hope I'm wrong. We will have a confirmation soon
 
suckers rally.get in to get rekkt

when stocks sell off bitcoin will too to cover margin
 
I am still waiting for 12k bottom. Anyone here with me?
 
proxygo said:
At least Bit Coin people are having a good day

yyyyyy.jpg
Click to expand...
I feel the fear of Bitcoin now , I was kind of bullish on Bitcoin before but I heard everything is linked in financial markets

So how Bitcoin is booming while global market is down

Any one with background of it ?
 
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