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

[jbreher]

w.reuters.com/business/finance/us-regulator-taps-piper-sandler-new-bid-sell-silicon-valley-bank-sources-2023-03-15/

A hidden pearl found at that link:

Any buyer of Signature must agree to give up all the crypto business at the bank, the two sources added.

Fake news: https://www.coindesk.com/policy/2023/03/17/fdic-denies-report-signature-bank-purchaser-must-divest-crypto/

Will Reuters issue a retraction? I'm guessing no.

I shouldn't trust bogus sources  
Sorry guys it really looked preposterous if true

Hmm... and now a retraction of the retraction? https://www.wsj.com/articles/signature-bank-new-york-community-bancorp-flagstar-bank-crypto-barney-frank-fdic-9b825e2e?st=y95l6439717zj3v&reflink=desktopwebshare_permalink

[ChartBuddy]

Explanation

[d_eddie]

w.reuters.com/business/finance/us-regulator-taps-piper-sandler-new-bid-sell-silicon-valley-bank-sources-2023-03-15/

A hidden pearl found at that link:

Any buyer of Signature must agree to give up all the crypto business at the bank, the two sources added.

Fake news: https://www.coindesk.com/policy/2023/03/17/fdic-denies-report-signature-bank-purchaser-must-divest-crypto/

Will Reuters issue a retraction? I'm guessing no.

I shouldn't trust bogus sources  
Sorry guys it really looked preposterous if true

Hmm... and now a retraction of the retraction? https://www.wsj.com/articles/signature-bank-new-york-community-bancorp-flagstar-bank-crypto-barney-frank-fdic-9b825e2e?st=y95l6439717zj3v&reflink=desktopwebshare_permalink

Can't believe the news
Wall Street Journal or Reuters
Shitposters at heart?




#haiku

[d_eddie]

Hmm... and now a retraction of the retraction? https://www.wsj.com/articles/signature-bank-new-york-community-bancorp-flagstar-bank-crypto-barney-frank-fdic-9b825e2e?st=y95l6439717zj3v&reflink=desktopwebshare_permalink

Barney Frank Was Right About Signature Bank
The FDIC all but confirms it closed the bank over crypto.
By The Editorial Board
March 20, 2023 6:26 pm ET

The article is an opinion piece (and clearly labeled as such) by the WSJ Editorial Board. I am pleasantly surprised by the cut-through-the-bullshit attitude - my doubtful and bitter haiku notwithstanding.

[Lucius]

What do you get when you mix Powell and AI?  

Answer: A perfectly honest politician

[Toxic2040]

[bullrun2024bro]

Bitcoin bill introduced in Texas.


Source

[JimboToronto]

Can't believe the news
Wall Street Journal or Reuters
Shitposters at heart?

Mainstrream newspapers will feed ya
As much crap as big "social" media.
They're almost as bitter
As Youtube and Twitter
In their nasty attempts to mislead ya.

[goldkingcoiner]

You got 10 merits for the same thing I said …. The man… and I got none…lol

You did not include an awesome pun.

[BobLawblaw]

Secret hat club - We keep out hats in our hearts.

Oh yeah, no offense to the amazing haberdasher who created my hat, I would request my removal from the formal "hat gang".

I'll always love my hat, but it's something I've had to sadly place in my trophy case, as a memory of a better time.

[Lainta]

massive earthquake in India, Pakistan and Afghanistan....
overall 5.5 magnitude

[philipma1957]

https://www.yahoo.com/finance/news/floridas-ron-desantis-wants-ban-110907693.html



Florida's Ron DeSantis Wants to Ban CBDCs from the State




Interesting article.











@ Lainta

5.5 earthquake is not massive

I have been in a 5.8 in California.


found an article for todays earthquake

https://www.ndtv.com/india-news/earthquake-in-jammu-and-kashmir-tremors-felt-4-times-in-2-hours-2156576


4 Medium Intensity Earthquakes Hit Jammu And Kashmir
The first quake with a magnitude of 4.7 hit at 10:42 pm, followed by one measuring 5.5 six minutes later.

[LFC_Bitcoin]

Seems to be resistance at $28,4xx

The FED releases CPI tomorrow, they might have to pause rate hikes due to the mess the banking system is in. If they pause or increase rates by 25 bps, I expect us to break $29,000 and who knows, maybe break $30,000 for the first time in what feels like forever. If they increase by 50 bps or more we might dump, stocks would tank too.

Obviously long term meh, who cares, the $ is trending to 0 & bitcoin is the future but short term we like to pump so hoping for a good day tomorrow.

[Hyperjacked]

Seems to be resistance at $28,4xx

The FED releases CPI tomorrow, they might have to pause rate hikes due to the mess the banking system is in. If they pause or increase rates by 25 bps, I expect us to break $29,000 and who knows, maybe break $30,000 for the first time in what feels like forever. If they increase by 50 bps or more we might dump, stocks would tank too.

Obviously long term meh, who cares, the $ is trending to 0 & bitcoin is the future but short term we like to pump so hoping for a good day tomorrow.

Bitcoin is sitting at 28,300$ and it looks like it will test 28400$ for the 4th time this week… will break through today…or go lower is anyones guess.

I think higher today…
 

[philipma1957]

Seems to be resistance at $28,4xx

The FED releases CPI tomorrow, they might have to pause rate hikes due to the mess the banking system is in. If they pause or increase rates by 25 bps, I expect us to break $29,000 and who knows, maybe break $30,000 for the first time in what feels like forever. If they increase by 50 bps or more we might dump, stocks would tank too.

Obviously long term meh, who cares, the $ is trending to 0 & bitcoin is the future but short term we like to pump so hoping for a good day tomorrow.

I have a source that swears it will be +0.25%

He is a recently retired banker.

Ie smart enough to leave his bank in 2022 as rates rose.

[Hyperjacked]

Seems to be resistance at $28,4xx

The FED releases CPI tomorrow, they might have to pause rate hikes due to the mess the banking system is in. If they pause or increase rates by 25 bps, I expect us to break $29,000 and who knows, maybe break $30,000 for the first time in what feels like forever. If they increase by 50 bps or more we might dump, stocks would tank too.

Obviously long term meh, who cares, the $ is trending to 0 & bitcoin is the future but short term we like to pump so hoping for a good day tomorrow.

I have a source that swears it will be +0.25%

He is a recently retired banker.

Ie smart enough to leave his bank in 2022 as rates rose.

I would agree with +0.25% if if wasn’t for the bank debacle unraveling…
Get your popcorn… things are gonna get nuts whatever happens imo

[Richy_T]

Oh, they know. It just involves fewer yachts and mansions for rich people.

[philipma1957]

Seems to be resistance at $28,4xx

The FED releases CPI tomorrow, they might have to pause rate hikes due to the mess the banking system is in. If they pause or increase rates by 25 bps, I expect us to break $29,000 and who knows, maybe break $30,000 for the first time in what feels like forever. If they increase by 50 bps or more we might dump, stocks would tank too.

Obviously long term meh, who cares, the $ is trending to 0 & bitcoin is the future but short term we like to pump so hoping for a good day tomorrow.

I have a source that swears it will be +0.25%

He is a recently retired banker.

Ie smart enough to leave his bank in 2022 as rates rose.

I would agree with +0.25% if if wasn’t for the bank debacle unraveling…
Get your popcorn… things are gonna get nuts whatever happens imo

Part of me wants them to make a bold ballsy +0.5% or even a +0.75%. and wait for it

" it fails bigly."  It would be a wild time indeed if that happens.

[ChartBuddy]

Explanation

[Lainta]

JUST IN: Governor Ron DeSantis is looking to lead a 20 state coalition against #CBDCs 🙌

More and more people are realizing this threat to personal freedom.



https://twitter.com/BitcoinNewsCom/status/1638234506946551865?t=DaMyrfjlvJqTOAT7DRxEeA&s=19