1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

[mannyrs13]

Fed says banks could withstand 10% unemployment, 55% stock price drop in annual stress test: Fed says banks could withstand 10% unemployment, 55% stock price drop in annual stress test


Watch them try to match or come close to those numbers to prove it.

 

[ORDER_66]

Fed says banks could withstand 10% unemployment, 55% stock price drop in annual stress test: Fed says banks could withstand 10% unemployment, 55% stock price drop in annual stress test


Watch them try to match or come close to those numbers to prove it.

What does that mean????

 

[mannyrs13]

What does that mean????

They do a stress test I guess annually, to determine how strong the banks are.

Bank Stress Test

A bank stress test is an analysis to determine whether a bank has enough capital to withstand a negative economic shock.

www.investopedia.com

What Is a Bank Stress Test?​

A bank stress test is an analysis conducted under hypothetical scenarios designed to determine whether a bank has enough capital to withstand a negative economic shock. These scenarios include unfavorable situations, such as a deep recession or a financial market crash. In the United States, banks with $50 billion or more in assets are required to undergo internal stress tests conducted by their own risk management teams and the Federal Reserve.1



Basically they test different things to see if the banks can hold up. Started after 08 financial crash. 55% crash in stocks is pretty significant cuz if it's based on current figures, stocks have been hit hard already. And of course crypto tends to follow stocks mostly so they'll both be affected if something like that were to occur.

 

[mannyrs13]

 

[BucciMane]

It's time to move from bear market to bull market, just like I may have moved from a Puerto Rican to an Ecuadorian..

 

[mannyrs13]

It's time to move from bear market to bull market, just like I may have moved from a Puerto Rican to an Ecuadorian..

 

[BucciMane]

I named this move after Little Giants....The Anexxation of Puerto Rico. .

We're talking 9.5-10 over here. .

 

[JJ Lions]

Were all the chart wizards wrong, shyt keep going up.

A phone?

 

[cheek100]

Were all the chart wizards wrong, shyt keep going up.

A phone?

crypto Is a great big Ponzi scheme

 

[SleezyBigSlim]

Fed outchea giving the markets false hope

 

[mannyrs13]

Were all the chart wizards wrong, shyt keep going up.

A phone?

Might be a bearish pennant on the 1D. Plus options expire tomorrow. Not sure what the numbers are for each side. Maybe someone does or I'll have to look for them.

 

[mannyrs13]

Huge discrepancy towards the bearish side.

Friday’s $2.25B Bitcoin options expiry might prove that $17.6K wasn’t BTC’s bottom

Bulls bet on BTC prices above $60,000 for the June monthly options expiry, and now pro investors are going to pay a hefty price for being wrong.

cointelegraph.com

Bears have the bulls by the horns​

Below are the three most likely scenarios based on the current price action. The number of Bitcoin options contracts available on June 24 for call (bull) and put (bear) instruments varies, depending on the expiry price. The imbalance favoring each side constitutes the theoretical profit:

• Between $18,000 and $20,000: 500 calls vs. 33,100 puts. The net result favors the put (bear) instruments by $620 million.
• Between $20,000 and $22,000: 2,800 calls vs. 27,00 puts. The net result favors bears by $520 million.
• Between $22,000 and $24,000: 5,900 calls vs. 26,600 puts. The net result favors the put (bear) instruments by $480 million.

 

[ORDER_66]

 

[the bossman]

Were all the chart wizards wrong, shyt keep going up.

charts been useless for the past half year now.

The Fed and Putin got all the TA wizards heads utterly confused

 

[mannyrs13]