5 Key Factors to affect BTC price1. If SVB trouble continues , the institution money is stunned, they have no way but to sell tokens for liquidity or daily operation, then the price might shake.
2. If USDC trouble continues, on one side BTC might goes up due to USDC's value goes down, but on the other side, BTC might goes down due to market confidence loss.
3. The global debt trouble, mutual funds trouble, liquidity crisis
4. The BTC price might dramatically goes up, if there are too many institutions shut down , then the FED will have no way but to decrease interest or make inflation to 20% to save the economy first. If that happens, the global assets price will goes up a lot.
5. China's policy
SVB
--->DAMN BTC <---Hello guys
It's been quite a week, hasn't it?
Let's take a look at the chart - it's very similar to what we've seen in the past, which is a shame because we didn't learn from it.
Before I say anything else, I want to clarify that I can't entirely agree with the cryptocurrency crash idea. This technology is at the forefront of innovation and has so much potential.
SVB Bank Stage Analysis : Never Buy a Stock in Stage 4Silicon Valley Bank Stage Analysis:
If you understand this, you would have exited in January 2022
Never Buy a Stock That are in Stage-4
LOLif u buy this stock it might go up BIGLY
as u can see it is testing da $264 resistance and there is plenty o' room 2 go
please comment and subscribe i need 5 reputation points 4 chat ;(
Is a crash approaching?Hi, I had opened a short on the SP500 last night, all economic factors are pointing towards a recession whether it is interest rates, housing market, inflation or political leaders. This week the US 2 year treasury reached 5%, a level not seen since just before the financial crash. Waking up to the news of Silcon valley bank plummeting due to them announcing a share sale to help hold up their finances. This saw shares across the whole market drop, spooking investors. Shares in the four largest banks dropped more than $50 billion. I believe this could be the catalyst to start the next financial crash, I had already made some predictions on this a few months ago in September 22.
SVB is also a big lender to the tech industry which has built up as the foundations of the current economy.
Maybe I'm wrong - let me know your thoughts!
SVB Crashing and burning to $33 - Here's why SVB Financial group has had a major Inverse Cup and Handle forming over the last few years.
Today it broke below the brim level and has confirmed strong downside to come.
Price<200 - Bearish
RSI<50 - Bearish
Target $33
WHAT HAPPENED?
Silicon Valley Bank's parent company, SVB Financial Group, saw a 60% drop in its shares after launching a $2.25 billion stock sale to recover from declining deposits from tech start-ups.
They admitted to losing about $1.8 billion on the sale of securities, which led to a huge loss in their market capitalization.
This event also caused other financial stocks to decrease in value, highlighting how rising interest rates can affect net interest income at other banks.
On Thursday, the four largest US banks lost a total of $52.4 billion in market value.