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2023-03-18 22:13:48 Follow @coinbisofficial for the hottest news in crypto. Open / Comment

2023-03-18 17:19:29 Was This the Bitcoin Bottom Signal? Fed Pivot Not Far Away According to Analyst

The banking crisis following SVB’s collapse has the market pricing in lower interest rates far sooner than previously expected.

Markets are starting to price in an incoming Fed pivot as bank instability forces central banks to protect the financial system.

Analysis from CryptoQuant analyst Cristian Palusi suggests that the liquidity crises now plaguing commercial banks may be a “long-awaited buy signal” for Bitcoin.


Banks Down, Bitcoin Up
In a post published on Thursday, Palusci noted that the implied federal funds’ policy rates have severely shortened their time frame for when they think the central bank will first cut rates again, from Q1 2024 to June 2023.

Meanwhile, gold and Bitcoin are on the rise: the precious metal surged to nearly $2000 as of Friday, while its oft-considered digital successor rose to another 9-month high of $27,000. Open / Comment

2023-03-18 10:26:51 Historically, Bitcoin has had an inverse correlation with the U.S Dollar. Over the past month, this negative correlation has mostly disappeared amid a wider market rally. Open / Comment

2023-03-18 10:24:04 The banking system explained in 10s.



https://www.reddit.com/r/Bitcoin/comments/11tg2pd/the_banking_system Open / Comment

2023-03-18 10:23:48 Bitcoin is pumping hard after the breakout. Price is now heading toward the daily resistance of $28,000-$29,000 area. We might see a rejection from the resistance area and a possible test of $26,000 area. Altcoins may show good upward movement if BTC holds above $26,000. Open / Comment

2023-03-18 03:13:06 Bull Alert:-

Bitcoin has completed its bottoming pattern which was initiated in May/June 2021. I think one can argue that out of the 13 years of Bitcoin’s existence, the last 7 days have been the very significant.

In the upcoming Bitcoin bull cycle, I believe Bitcoin could reach $300,000-400,000 price levels by 2025

This should put it at roughly 35% of Gold’s market cap. Open / Comment

2023-03-18 01:45:04 Will Bitcoin Price See Correction Ahead Of Key FOMC Decision?

Federal Open Market Committee will announce interest rate decision amid inflation concerns and banking crisis while Bitcoin price rises. Open / Comment

2023-03-17 21:35:25 Ryan Selkis envisioned more bank runs which could ultimately push bitcoin towards $100,000.

Ryan Selkis – CEO of the crypto intelligence firm Messari – believes there will be more negative events in the financial world in the near future, including bank crashes.

He sees bitcoin acting as “a life raft and peaceful exit option” amid the calamity, predicting its price could soar to $100,000 in the next twelve months

What Does the Future Hold?
In a recent tweet, Selkis shared his vision regarding the future condition of the financial world and how those possible factors could affect bitcoin.

He thinks the ongoing banking crisis is far from over, forecasting additional collapses in the following weeks. Silvergate Capital, Silicon Valley Bank, and Signature Bank are among those recently closed by regulators. SVB – one of the top 20 biggest financial institutions in the USA before its collapse – filed for Chapter 11 bankruptcy protection on March 17.

Selkis predicted that the Federal Reserve will soon stop the increase of interest rates and focus on other monetary tools, such as Quantitative Easing (QE), to battle inflation. It is yet to announce its decision on March 22 during its next FOMC meeting. Open / Comment

2023-03-17 20:02:46 Bitcoin Skyrockets 30% Weekly on the Fed’s $300B Bank Bailout: This Week’s Crypto Recap

This has essentially hinted to market speculators that the Fed might even pivot in their monetary policy, propelling prices of risk-on assets such as BTC (and almost all other cryptocurrencies) to the stratosphere.

There are many variables, and we have yet to see how the whole situation will play out, but for now, crypto markets are reacting incredibly positively to the news. Could it be that BTC is finally fulfilling its purpose of serving as an inflation hedge? Or is this another speculation-drive rally?

In any case, the following weeks will be particularly important and exciting, especially as the Fed is set to meet on March 22. Open / Comment

2023-03-17 18:42:35 Historically, Bitcoin has had an inverse correlation with the U.S Dollar. Over the past month, this negative correlation has mostly disappeared amid a wider market rally. Open / Comment