Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ivomm]

[ChartBuddy]

Explanation

[vapourminer]

looks like thats the btc/usdc pair

[dogebearman]

looks like thats the btc/usdc pair

Could also be bear/cat.

[philipma1957]

Wow this rally will be epic !!! Ppl will fomo into Bitcoin Monday imo

So far you look pretty good.

Lets see how you look on monday.

[In the silence]

In the upcoming days, our CEO and I discussed the price of Bitcoin.

[ChartBuddy]

Explanation

[dogebearman]

New Zealand opened.

[Biodom]

New Zealand opened.

Down less than 0.4%...that's about....nothing.

US legislators "like" to see Dow down 1000 points before they lift a finger, typically.
I 'member it from 2008.

[Lainta]

JUST IN: 🇬🇧 Over 200 UK firms won't be able to pay staff due to Silicon Valley Bank $SIVB collapse, BBC reports.

https://twitter.com/WatcherGuru/status/1634926702584565760?t=dYiCfKr-SLDPTCh7Tgz2Fw&s=19

[Richy_T]

USDC was prone to problems from the start I do not know why people thought it was stable and would be around forever. Bitcoin is the only cryptocurrency worth investing in and stable coins are not stable they remain stable until people get bored and stop buying and then they collapse. I do not think USDC will collapse this time but in the next 5 years it will not exist. Bitcoin will exist and will be more stable because it is still around when USDC will not.

Yeah, imagine if someone came out with something like beanie babies and said "I'll sell you this for four dollars and it will always be worth four dollars". You'd look at them like they were crazy.

[Richy_T]

USDC = RIP ^{(rekt in peace)}

This is not a good talking point.

[Richy_T]

JUST IN: 🇺🇸 US government to make announcement on Silicon Valley Bank to prevent further fallout.

https://twitter.com/WatcherGuru/status/1634938060004802561?t=mg4lyfOzhxvdmG_0hDP4RA&s=19

They're going to take your wealth and give it to a bunch of rich guys in California.

[ChartBuddy]

Explanation

[aesma]

Bail out announced : https://twitter.com/EdKrassen/status/1635045110810390528

[Gachapin]

JUST IN: 🇺🇸 US government to make announcement on Silicon Valley Bank to prevent further fallout.

https://twitter.com/WatcherGuru/status/1634938060004802561?t=mg4lyfOzhxvdmG_0hDP4RA&s=19

They're going to take your wealth and give it to a bunch of rich guys in California.

not your keys not your wealth

[aesma]

USDC shooting up towards USD parity

[dragonvslinux]

USDC shooting up towards USD parity

Probably to do with this news that's reassuring for USDC: https://cointelegraph.com/news/circle-plans-to-cover-missing-liquidity-in-silicon-valley-bank-with-corporate-funds

Originally the bounce from $0.92 came from this it seems: https://twitter.com/coinbase/status/1634399032767307776

Meanwhile Bitcoin remains unaffected, bouncing support.

[Biodom]

Sidenote: they closed Silicon Valley bank and ALSO the Signature bank, apparently (Silvergate closed last week).
Is there any bank left for Coinbase and Kraken to bank with?
I am not sure.

Regional banks might bounce up tomorrow, but then it might be like Lehman after it bounced up after Bear went under....same problems.

[Volgastallion]

Tomorrow its the date to know what its gonna happen really, lets see how the markets open and how its developing the news and the intraday trading.

We can expect a lot of movements and a lot of inside info in some operators.

JUST IN: 🇺🇸 US government to make announcement on Silicon Valley Bank to prevent further fallout.

https://twitter.com/WatcherGuru/status/1634938060004802561?t=mg4lyfOzhxvdmG_0hDP4RA&s=19

They're going to take your wealth and give it to a bunch of rich guys in California.

not your keys not your wealth

Hahahah really good one.

JUST IN: 🇺🇸 US government to make announcement on Silicon Valley Bank to prevent further fallout.

https://twitter.com/WatcherGuru/status/1634938060004802561?t=mg4lyfOzhxvdmG_0hDP4RA&s=19

They're going to take your wealth and give it to a bunch of rich guys in California.

You have plenty of reason, but...... if they dont make that move the expading collapse its or can be far worse for the whole society, its sad? yes, but it works that way, all the system is based on this pillars.

The government is always the last insurance in this kind of case.