Why did bitcoin rebound so fast? People finally realizing its a safe haven?🤣
Discussion
My theory is the bank situation is causing an influx of withdrawing to self custody so the paper bitcoin supply at exchanges is running low
That’s a good question. Companies may be realizing it’s a safe haven too. And governments.
Its the only hope #bitcoin ⚡ ⚡ ⚡ ⚡ ⚡ ⚡ ⚡ ⚡ ⚡
Lack of liquidity due to two large banks that provided on and off ramps to fiat shutting down?
Don’t forget, I probably have no idea what I’m taking about.
There’s really not many more banks who will bank “crypto” companies. Signature just closed shop.
They are attacking the fiat on/off ramps. Not sure what happens from here.
The printer is turning back on!
Surprises me also. But unfortunately Wallstreet tomorrow also rises. Futures in the green. Sadly bitcoin still correlated with Wallstreet 😔
Stock futures also up. Everybody thinking this is the pivot (it may or may not be idk anything lol)
Silicon Valley’s bank buying the reserve currency ✌️
I dunno, but was hoping it stayed low until at least Wednesday when I get some more dry powder to deploy. Guess Bitcoin doesn't care what I want, it's just doing its own thing, lol.
Looks like it - gold is up as well.
Your post is getting a lot of shares.
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