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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26388617 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
dogebearman
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March 13, 2023, 01:16:44 PM

He pretty much said the American banking system is perfect and everything is just peachy.
Don't know why you losers are wasting time with this stupid "bit of a coin" thing.
"funds are safu, USA stronk"
Lainta
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Bisq Market Day - March 20th 2023


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March 13, 2023, 01:19:52 PM



https://twitter.com/LinaSeiche/status/1635268826697969664?t=zz7T-hFnD-v-WpGYUhdrDA&s=19
Paashaas
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March 13, 2023, 01:26:40 PM
Merited by modrobert (1)

Stocks banksters down.

Bitcoin up.
dragonvslinux
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March 13, 2023, 01:29:40 PM
Merited by JayJuanGee (1), Lucius (1)

Give the recent issues with USDC, Binance have decided to pump the price of BTC, BNB and ETH by dumping their $1 billion IRI stablecoin holding Cheesy

Quote from: CZ
Given the changes in stable coins and banks, #Binance will convert the remaining of the $1 billion Industry Recovery Initiative funds from BUSD to native crypto, including #BTC, #BNB and ETH. Some fund movements will occur on-chain. Transparency.

Source: https://twitter.com/cz_binance/status/1635131601884700674

Clearly should of just gone 100% Bitcoin. Ethereum isn't a reserve asset due to the upgrades that take place while BNB is probably less reliable than USDC. But of course, he shills his exchange token in the process even if only a small percentage goes into it (knowing it's not a reliable SoV). Who was it that said stablecoin failings was bad for Bitcoin? So far price is up +10% and not showing any signs of slowing down.

Doubt my $19.2K bid will get filled now, still managed to get $20.2K. Maybe quick pull-back to $21.5K before further upside? Should have just put it all on the 200 Day MA at $19.7K in hindsight. Didn't expect the bullish bounce from support to be so "picture perfect", was anticipating a bit more mess with bear trap, rather than bullish continuation. Now price has left the $19K to $21.5K accumulation zone again.

Anyway. Another day, another pump. Back above $23K local distribution zone and price will be re-testing again $25K in no time. 50 Week MA resistance now at $23.1K, down from $24.7K.
philipma1957
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March 13, 2023, 02:00:57 PM

Give the recent issues with USDC, Binance have decided to pump the price of BTC, BNB and ETH by dumping their $1 billion IRI stablecoin holding Cheesy

Quote from: CZ
Given the changes in stable coins and banks, #Binance will convert the remaining of the $1 billion Industry Recovery Initiative funds from BUSD to native crypto, including #BTC, #BNB and ETH. Some fund movements will occur on-chain. Transparency.

Source: https://twitter.com/cz_binance/status/1635131601884700674

Clearly should of just gone 100% Bitcoin. Ethereum isn't a reserve asset due to the upgrades that take place while BNB is probably less reliable than USDC. But of course, he shills his exchange token in the process even if only a small percentage goes into it (knowing it's not a reliable SoV). Who was it that said stablecoin failings was bad for Bitcoin? So far price is up +10% and not showing any signs of slowing down.

Doubt my $19.2K bid will get filled now, still managed to get $20.2K. Maybe quick pull-back to $21.5K before further upside? Should have just put it all on the 200 Day MA at $19.7K in hindsight. Didn't expect the bullish bounce from support to be so "picture perfect", was anticipating a bit more mess with bear trap, rather than bullish continuation. Now price has left the $19K to $21.5K accumulation zone again.

Anyway. Another day, another pump. Back above $23K local distribution zone and price will be re-testing again $25K in no time. 50 Week MA resistance now at $23.1K, down from $24.7K.

I got some at 21.3 and some at 20.2 passed on 19.9. I got my dca at 21.2
ChartBuddy
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March 13, 2023, 02:01:16 PM


Explanation
Richy_T
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March 13, 2023, 02:02:16 PM
Merited by HI-TEC99 (1)

HSBC just bought the UK arm of Silicon Valley Bank for £1.

https://www.bbc.com/news/business-64937251

Quote
HSBC has agreed to buy the UK arm of collapsed US Silicon Valley Bank (SVB), bringing relief to UK tech firms who warned they could go bust without help.

Customers and businesses who have money deposited in SVB UK will be able to access it as well as other banking services as normal.

The Treasury said the deal with HSBC involved no taxpayer money and the Bank of England said deposits were secure.

HSBC said it paid just £1 for the SVB's UK arm after it failed on Friday.

The bank that got convicted for massive money laundering and got a slap on the wrist?

What could go wrong?
Gachapin
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bitcoin retard


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March 13, 2023, 02:21:47 PM

escalating quickly

$23,350

$23,512
Torque
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March 13, 2023, 02:55:06 PM

RIP Credit Suisse

ChartBuddy
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March 13, 2023, 03:01:20 PM


Explanation
LFC_Bitcoin
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#1 VIP Crypto Casino


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March 13, 2023, 03:06:47 PM
Merited by fillippone (3)

Observing $24,015

Pump it baby!

BTC
Hamza2424
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March 13, 2023, 03:18:31 PM



What just happened i am not  at all sure, Is the SVB panic is no more..
I wasj just sleeping for 3 hours and then a calll from my friend ( hey buddy BTC is is trading above $24k and i was like what what you just said .. But its really Broken.)

Looks like i need to sleep for 3 more hours and then BTC will be on the 26k+
BitcoinBunny
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March 13, 2023, 03:25:54 PM

Pump it!


JimboToronto
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March 13, 2023, 03:46:38 PM
Last edit: March 13, 2023, 03:57:35 PM by JimboToronto
Merited by bitcoinPsycho (1), Gachapin (1)

Good morning Bitcoinland.

Up from under $22k to over $24.6k in less tha 3 hours. How sweet it is.

Looks like $25k is safe for now but let's see what happens after the market digests this.

A little sideways would be healthy now. Then we can get back to correcting the ridiculous dip below $40k.

...NY Regulators swooped in and confiscated all assets and operations...

Ahhh, the land of the free.  Cool
ChartBuddy
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March 13, 2023, 04:01:18 PM


Explanation
philipma1957
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March 13, 2023, 04:13:27 PM
Merited by vapourminer (1)


Leaving buddy to do his own thing seems to have been simply brilliant on my part. (maybe just lazy)

24k
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March 13, 2023, 04:17:54 PM
Merited by modrobert (2), JayJuanGee (1)

Man, soooo much social media effort being expended to bolster public trust and quell the public to NOT do a bank run.

But you know who is moving their money out of these smaller banks? The wealthy, that's who.

Which means in a bank that doesn't have enough cash on hand to cover all depositors, they will have even less now.


https://twitter.com/BillAckman/status/1635109889302315008
OgNasty
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March 13, 2023, 04:25:54 PM
Merited by JimboToronto (1)

This recent market strength has been impressive. You can tell that people are now using crisis as opportunity to grab themselves more BTC on the cheap. This is a pretty good sign that Bitcoin is currently undervalued and is being scooped up by investors. I wouldn’t be surprised if this strength carries us to $30K. It seems obvious the bottom for this cycle is in and a multi year bull market has begun.
Biodom
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March 13, 2023, 04:55:17 PM

Bill Ackman calls to guarantee ALL deposits....temporarily.

https://twitter.com/BillAckman/

My comment: long bets are being placed.

https://twitter.com/RepThomasMassie

Wowsie...really?

https://twitter.com/NorthmanTrader

predicts a short term run up like in 2008, post Bear, up to 14% in S&P, duration of about two mo.
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March 13, 2023, 05:01:16 PM


Explanation
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