Back in the Global Financial Crisis over 150 banks went out of business.
Today, 4 failures already equate to nearly the entire amount of assets financial institutions held during the banking crisis issue of '08 and '09 ๐
โ๏ธ Note how the number of bank failures historically has lagged vs. assets, meaning that bigger banks fail first, then a greater number of smaller failures come after.
2023 has already been the biggest year for bank failures by assets in US history, and the year is not over. A recession hasnโt even started yet. The rest of the year - the beginning of next year could be pretty bearish for the markets ๐
Today, 4 failures already equate to nearly the entire amount of assets financial institutions held during the banking crisis issue of '08 and '09 ๐
โ๏ธ Note how the number of bank failures historically has lagged vs. assets, meaning that bigger banks fail first, then a greater number of smaller failures come after.
2023 has already been the biggest year for bank failures by assets in US history, and the year is not over. A recession hasnโt even started yet. The rest of the year - the beginning of next year could be pretty bearish for the markets ๐
CryptoBullet
Tomorrow is a big day. I actually like that weโre dumping into the FOMC However, the hype around meme coins is alarming
Fed hikes 25bps as expected
Back to where we were in 2006. And now the fun part begins
Back to where we were in 2006. And now the fun part begins
CryptoBullet
$ETH Cycle Comparison We should see some serious fireworks soon ๐ ๐
$ETH update
So far so good!
Missing the last wave up ๐
So far so good!
Missing the last wave up ๐
CryptoBullet
$HFT update So far so good $HFT broke the support as expected ๐
$HFT is finally entering my Buy Zone
Correction got more complicated
Correction got more complicated
CryptoBullet
๐กI think #BTC will hit $32k before it breaks $27k Hereโs what Iโm talking about: #BTC is printing a textbook Symmetric Triangle on the 4h chart ๐ Last test of the gray Horizontal (e) and then breakout to $32k ๐ฏ
#BTC 4h update
Nothing special about the current dump, just (e) in the making
Final dip before the breakout ๐
Nothing special about the current dump, just (e) in the making
Final dip before the breakout ๐
Binance experienced the largest withdrawal volume in its history after resuming Bitcoin withdrawals ๐ฎ
160,000+ #BTC has left the exchange worth over $4.5B
160,000+ #BTC has left the exchange worth over $4.5B
CryptoBullet
Looks like $ETH is going to visit its Major S/R Level ($1650-1700)
$ETH Bigger Picture ๐ก
CryptoBullet
Hereโs what could cause this flash crash
Again, itโs all about US Government & their bitcoin wallets lol