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Yes, I think the ones in charge were scared of how bitcoin reacted to the bank failures. It was adding to the bank problems of deposits leaving the banks and into money markets/bonds, and alternative assets like bitcoin and cryptos Yes, very excited for when they turn the money printer on full...

Which chart?

I think I finally have a good idea of what's going on. SEC 5D chess move. Brilliant, but evil SEC has basically banned cryptos in the US This explains why Btc and Eth that are considered commodities are the least affected by the selloff SEC has sued Coinbase and Binance US claiming they are...

Eth also held up pretty well. I saw on a YouTube video (CryptosRus) that there's Wykoff accumulation pattern on the btc chart

MM's gone (temporarily?)

not altszn.... alts dumping like crazy, I haven't seen a good explanation yet, some mentioning Robinhood, but I think based on the alts affected it could be more like a Binance (dot com) event

You might have flipped to short with that down wick? I'm still long. Liquidation is about $1400 down in btc price from here

Something something about El Salvador bonds performing very well in the markets. Prolly nothing

Any more proof of El Salvador hardships or collapse?

Just to close out this rumor. It was Prime Trust https://www.kitco.com/news/2023-06-09/Crypto-custodian-BitGo-acquires-cash-strapped-rival-PrimeTrust.html There's a lot of info on this video if interested. Bitgo openly discussed details that can be disclosed

Capital will go where it is treated best https://www.forbes.com/sites/digitalrules/2009/05/18/capital-goes-where-its-welcome/?sh=160b6dd553d4 Money will flow to Bitcoin and Ethereum, and from there, the cryptos ecosystem will absorb the liquidity, through dexes and other inter-blockchain...

Cryptos are under attack by the US regulators and banks. There's no denying this Crypto firms and projects are moving out of the US and also do not want US residents to access their systems, i.e. putting geo-blocking We all have suspicions on why this is happening but there is nothing that can...

h/t to Cobie

I have a subjective bullish bias so my interpretation of the charts will always be subjective and incorrect or not, I inferred from your post that the lines can be drawn that would give a certain result or be interpreted a different way based on a person's pov I have a long timeframe for...

Don't be sorry! This is excellent breakdown for someone like me who's not educated much on TA A few days or even a week to end this mind-numbing trading range is not much

Thanks! Yea, even on this move to the $27.4K yesterday was the top,, then $26.3k could be bottom, on the way move to $27.4k or .5k again

@schizo @themickey Can you confirm this cup & handle on bitcoin?

It's over... $23k soon /sarcasm

Not your keys, not your coins. I just moved my bitcoin out of Coinbase to local wallet. The US is not a good place for crypto assets and crypto companies I think BTC will go to $500,000 in 2025 or 2026 peak of this bull market cycle...

Again, omission of facts Coinbase staking. STAKING. I never used Coinbase staking service Friendly advice. If you're investing in a new centralized crypto exchange in 2023, there is a very big chance you will get scammed CEXes are struggling to compete with DEXes Do some research on dexes...