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Bond holders are crying in banks. Where will the go! Bitcoin is definitely the play in town at the moment

Jambone
Sentiment is everything and when there’s so much fear in banking sector they will need to park the money somewhere safe.
I know it’s easy to get caught in the Euphoria of the fact we are having a sustainable rally but I’d like to urge FG to seriously consider a RNS because I’m sure they have have had enough time to analyse the data and negotiate contracts.
Any news and 2p could look like history.
FG knows this is his opportunity to force a rerate which gives Qbt a solid foundation to build on. It gives the company more options with a higher share price.
I think these 5p options could be triggered quicker than originally thought if news lands.
I’d urge sellers to be careful because this could easily surge past 2p and hold

Unless they resolve this strike swiftly the share price will suffer. It’s easy to see this head down to support line of £1,00.
Just one opinion but the graph suggests it’s tracking lower support levels on the one year graph.

Jambone
100% FOMO that lays into the hands of Qbt and the likes of Argo. When we clear 2p initially and hold money will flow back in as investors realise this is no false start and probably the beginning of a rerate in the sector.
I’d just urge people to hold fire from selling into any rallies like last week as it’s easy to be caught out.
Just my opinion but any company that has the potential to be a game changer is an asset rising so rapidly must be something every large institution will a piece of.

https://www.coindesk.com/markets/2023/03/20/fed-ecb-and-others-take-coordinated-steps-to-boost-dollar-liquidity-bitcoin-tops-28k/?outputType=amp
This is an interesting read as to why bitcoin is seen as a hedge

PAS14
If you were a large share holder in a major bank you’d look to safeguard your investment in this environment. In all bailout outs the shareholders lose out. Deposits get protected and shareholders lose out. It’s called capitalism. The problem is investors know this and will scramble to safe guard their investments so I see a situation where panic and fear engulfs the banking sector like 2008. In 2008 we never had a situation where governments were raising interest rates and creating an environment for loan defaults on mortgages and businesses. This problem could spread quickly. Do they drop interest rates! Or keep fighting inflation and crash the economy.!.
This is why I see money flowing into bitcoin which could prove a safe hedge

No smoke without fire. Banks could have big issues and another big faller on the cards

https://uk.finance.yahoo.com/news/fdic-relaunch-sale-svb-moves-181310391.html
The banks in trouble and it’s clearly spreading. They are looking at a contagion plan. The truth is they need to kill inflation and in doing this are pushing up bad loans on the bank’s mortgage loans and there will be defaults.
Bitcoin is going to rocket as it becomes a hedge given turmoil in banking sector.
I prey FG delivers soon

Jambone
Steady on

https://uk.finance.yahoo.com/news/credit-suisse-bank-england-won-123904711.html
The banks are panicking and even selling off assets dirt cheap to avoid a meltdown. All this while bitcoin is moving up rapidly. It’s clear where the money is going.
If only FG can deliver and capitalise on the situation this definitely could surpass 3p. The higher the price bitcoin goes the more QBT can save the miners.

https://www.google.co.uk/search?q=bitcoin+in+dollars&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari
On a run

https://www.google.co.uk/search?q=bitcoin+in+dollars&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari
$28,000 nearly taken out

Imagine news in the morning the way bitcoin rising.

https://uk.finance.yahoo.com/news/ubs-seeks-swiss-backstop-credit-115808443.html
All the banking issues could play in the hands of bitcoin in my opinion.
Let’s see bitcoin move higher and all bitcoin related companies will benefit but I’ve noticed VLRM ain’t participating in the run!

22
If it holds $27,000 that’s great but I’d love it to clear this this. This is the 100% the hurdle to clear then $30,000.
Massive days a weeks for bitcoin. More Bank turmoil and we can push on without news. 100% linked to bitcoin like Argo without news

Jambone
I’m watching the six month graph and if you draw a line from 6th November lows of $15,000 we have gapped up and bang on the line at $27,000. We need to break through it and hold it. One we do that we have confirmation we are on the next leg.
So yes news would be welcomed or if bitcoin continues also.
I still feel we should be over 2p based on bitcoin’s price so hopefully momentum keeps up.
GLA

This could seriously damage the price if it goes ahead .
Whatever people say it affects the brand when you don’t supply the services expected from the public. That in return affects the share price 100%.
Hopefully they com up with a resolution and call it off

https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-friday-17th-march-2023/
Well spotted Clercmilon
Bitcoin is still rising so Monday will definitely be interesting if it continues.
Argo also in a strong position as in the podcast

Exciting lol not exiting

Dow creating fear.
Bitcoin creating stability.
Don’t be fooled in to panic selling, rather be a positive buyer.
If bitcoin keeps rising over the weekend Monday could be exiting