Cryptos have never been embroiled in a bank failure before. Be careful.
Is the crypto winter over?
- Thread starter schizo
- Start date
Cryptos have never been embroiled in a bank failure before. Be careful.
There's nothing to be careful... Cryptos are not part of the US banking failure, in fact, that is a very good thing
Guess we'll just have to find out. But I suggest you go slowly. Although I can't pinpoint it, something doesn't feel right about this move. Call it a sixth sense I've learned over the years.
Then why did BTC drop 2K on Thursday, and kinda' stay flat on Friday, last week, if they are not part of the banking system?
What I am saying is simply that the crypto space is a new instrument that is now embroiled in something it was never before. We do not know how this will all play out, because it is a new scenario.
Exactly, the sixth sense thing. @johnarb I am not saying BTC will crash into oblivion, but I just get the sense that there are undercurrents we cannot see. There is no "all-clear" yet.
Yes! I'm scared to give back the profits from earlier
I only have $6.2k collateral my liquidation is btc $22.7k so if it ever goes down that far, it's a good stop loss
But, if btc goes above $27k, I can start increasing the size...
bitcoin on a nice consolidation pattern same as last night, but it's my noob interpretation of the chart pattern
btc trades non-stop on global markets 24/7 so the reason is more sellers than buyers based on supply and demand in the exchanges
I think it will break below the zone.
Credit Suisse, along with Deutsche Bank, is a rogue bank. They should go out of business. As far as I can remember, they always get into trouble in one form or another. If not that, they're always stirring up scandals for themselves. They're run by thugs and idiots.
Credit Suisse is not a shock to the system though. We all knew they were underwater many months ago; now that the tide is going out, even the woke are starting to finally see it.