Celsius just sent a bunch of BTC to an exchange, which indicates they are nearing insolvency and need to quickly cash out to sustain their ponzi a little longer (but this never works, as you know). We will likely see BTC wick lower while they dump, but there's also huge demand waiting in the lower 20k's region.
https://twitter.com/Pentosh1/status/1536130691578089475?t=Lhx7R0ZMk2NUNNNCithmkA&s=19
https://twitter.com/Pentosh1/status/1536130691578089475?t=Lhx7R0ZMk2NUNNNCithmkA&s=19
Twitter
Pentoshi 🔺Flightless Bird
Celcius sending 95m in $BTC to FTX etherscan.io/tx/0xa22918357… h/t @lightcrypto
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The blame for this particular crash falls squarely on Mossad. Every one of those Jewish Celsius guys has a suspicious background. Notice how this is also the second altcoin ponzi scheme that was built on bitcoin's back (Do Kwon's LUNA being the first). In both cases, they loaded their reserves with BTC and were forced to sell near a range bottom.
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My brother just called me to tell me he bought $11,000 of BTC. He's also about to get a loan for more.
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Apparently Japan is looking pretty hyperinflation-y recently, because their central bank has promised to continually print Yen to defend a fixed interest rate peg. But traders are calling their bluff and continually kick the rate above their peg over and over. Here's a thread on it:
https://twitter.com/LynAldenContact/status/1536396602595807245?t=5EB96HSAc5_fo8YGVOBQMg&s=19
https://twitter.com/LynAldenContact/status/1536396602595807245?t=5EB96HSAc5_fo8YGVOBQMg&s=19
Twitter
Lyn Alden
The Bank of Japan is working hard to defend its 0.25% 10-year bond yield cap, which they backstop with an unlimited bid to buy bonds at that cap.
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Good short vid:
https://twitter.com/Clay_Finck/status/1536447223097085952?t=b2xWoFE4XfuwUVQ9cKGTeA&s=19
https://twitter.com/Clay_Finck/status/1536447223097085952?t=b2xWoFE4XfuwUVQ9cKGTeA&s=19
Twitter
Clay Finck
Just looked back at @therobertleonar & I's conversation with @PrestonPysh back in January with #Bitcoin trading at $45k. This drawdown in Bitcoin's price shouldn't come as any surprise to those that understand the current macro environment. (1/3)
Coinbase and Binance are likely doing fractional reserve (just not to the same degree as others).
https://twitter.com/TXMCtrades/status/1536478880265019393?t=IJtw1B9HL3at74qniljspA&s=19
https://twitter.com/TXMCtrades/status/1536478880265019393?t=IJtw1B9HL3at74qniljspA&s=19
Twitter
TXMC
Coinbase Pro is now forcing users to whitelist addresses for 48 hrs before withdrawing for "protection". No more spontaneously creating a new address and pulling your BTC off, you've got to put it on a list and wait. If your coins are on an exchange, they…