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Silicon Valley Bank files for bankruptcy.
https://twitter.com/bitcoinmagazine/status/1636700765099106306
BTC stablecoin pair trading volume is currently at an all-time high of 87.5%
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JUST IN:
🇺🇸 $2 trillion could be injected into the US banking system by the Federal Reserve's emergency loan program, JPMorgan says.Crypto🚀
🇺🇸 $2 trillion could be injected into the US banking system by the Federal Reserve's emergency loan program, JPMorgan says.
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💰 #BTC CME Update
Time to fill CME Gap: 27355 - 28920 📈
Funding rates are definitely scary, but proper bullish #BTC should stay strong anyways. However, if the price is back below $25250 and $25k for more than an hour, that's a serious warning sign!
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#Educational_Post ✅
What is a Golden Cross?
A Golden Cross is a basic technical indicator that occurs in the market when a short-term moving average (50-day) of an asset rises above a long-term moving average (200-day). When traders see a Golden Cross occur, they view this chart pattern as indicative of a strong bull market.
💲This is how you ditch fiat
The US Dollar is currently worth 4,000 sats. All time high was 131,000,000,000 sats in 2009
The USD is collapsing. Don’t let them lie to you
A drop to 1 sat per dollar in five years equals $100M per #bitcoin🪙
📍#Bitcoin Update (Continue)
After breaking out of the Falling Wedge pattern in the weekly time frame, Bitcoin has a target of 45%, which it has now achieved.
Bitcoin broke the 200-WMA with high volume and is currently holding above it
To gain bullish momentum, Bitcoin needs to stay above the 200-WMA.
The next major resistance level for Bitcoin is around $30k, which was previously a strong support area.
The weekly candle closing tomorrow is expected to be in green.
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📍#Bitcoin Update (Continue)
Finally Bitcoin breakout the broadening wedge pattern. The daily candle also closed above the $25,200 resistance level.
Many fuds running in the market but still Bitcoin is getting strong day by day. A High Made near $27,760.
Next Resistance is near $28,200. A Break above this resistance could send the price near $30k
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The FED has started the money printing machine again! 🚨💸
The Fed added $0.3 trillion ($300 billion) in assets to its portfolio last week.
The last and only time they added a larger sum ($0.5 trillion) in a week was just after the COVID crash (March 2020) --> The price of bitcoin multiplied after that over the next 12 months by 15x.
Binance has swapped out BUSD in SAFU fund for TUSD & USDT.
https://www.binance.com/en/support/announcement/binance-swaps-out-busd-in-safu-fund-for-tusd-usdt-83c55e9691154f8b8914a3baaaa7ec60
#Bitcoin above $26,500 ✅
Highest price in over 9 months!
📍#Bitcoin update (Continue)
Bitcoin is Forming a kind of broadening wedge pattern and bitcoin price reached its upper trendline.
Bitcoin also breaks the important resistance of $25,200 and to stay bullish bitcoin needs to give a candle closing above this resistance.
If bitcoin again gets a rejection from this resistance we may see the price will again touch $24,600.
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📍#Bitcoin Updates (Continue)
Bitcoin is down 2.27% in the last 24 hours and the price still accumulating near $24,000.
$25,200 is working as a very important resistance. Bitcoin got Multiple time rejections from this resistance.
To gain Strength Bitcoin needs to reclaim its position above the 25,200 Resistance area with appropriate volume and with candle closing.
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💰 Bitcoin ad display in front of Silicon Valley Bank Headquarter. 😂
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#Binance is moving its zero-fee #Bitcoin (#BTC) trading from Binance USD (#BUSD) to TrueUSD (TUSD) on March 22.
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📍#Bitcoin Update (Continue)
Bitcoin Showed amazing upside movement after CPI data. Bitcoin break the $25,200 resistance area and made a high near $26,386
Bitcoin made a wick and Right Now bitcoin again falls under $24,800.
Bitcoin needs to give a candle closing above the $25,200 resistance area with appropriate volume to continue its bullish rally.
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We do not need banks
We do not need on/off-ramps
Just start asking #bitcoin for your products & services
Just start using products that can be bought with BTC
Just stop using banks and fiat (USD, EUR etc)
- PlanB
https://twitter.com/100trillionUSD/status/1635261640806658048