Bitcoin's W5 Down has begun

Discussion in 'Crypto Assets' started by Wallace, Apr 21, 2023.

  1. Specterx

    Specterx

    Hang on... are you saying that institutional investors haven't really sent $70 billion in cash to an unaudited, unregulated offshore entity with a lengthening known history of bank fraud and money laundering, in order to buy bitcoin, rather than just buying it on Coinbase?
     
    #31     Apr 22, 2023
  2. Tokenz

    Tokenz

    Delete.png

    Actually no it didn't dip that weekend, it went up after the depegging of the USD. Did you look at the chart? Here, I did it for you. The arrow is the same day the news came out, and there was actually a rally when it happened. USDC was down 20% Bitcoin ralled from $20,222 to over $28,000 the same time that news came out. The arrow on the chart is March 11th, the same time USDC depegged from the dollar, and it depegged for a few days even.

    Look at the chart bud, don't just say random things to back up your statement. I'm not making this stuff up.
     
    Last edited: Apr 22, 2023
    #32     Apr 22, 2023
  3. RedDuke

    RedDuke

    lol precisely :D
     
    #33     Apr 22, 2023
  4. RedDuke

    RedDuke

    thanks for confirming. It did dip to 20k and then printing press was turned on for pump.
     
    #34     Apr 22, 2023
  5. Tokenz

    Tokenz

    It was already dipping before the depegging. And when it deppegged it rallied. Wrong again
     
    #35     Apr 22, 2023
  6. RedDuke

    RedDuke

    that is why it was falling. SVB news were all
    Over the place. Same game, bad news, pump turns on.
     
    #36     Apr 22, 2023
  7. Tokenz

    Tokenz

    Oh, so you're saying the dump was FROM SVB and not from USDC losing 20% of it's value? Imagine that.

    Next time do a Google search before you talk so this doesn't happen again in the future...
     
    #37     Apr 22, 2023
  8. Cuddles

    Cuddles

    upload_2023-4-22_14-50-27.png
     
    #38     Apr 22, 2023
  9. RedDuke

    RedDuke

    it was all happening together. Your own chart shows this. Not sure why you are so confused.
     
    #39     Apr 22, 2023
  10. And here's Elliott waving goodbye to his money:

    [​IMG]
     
    #40     Apr 23, 2023