That's right! What we are witnessing is money flowing directly out of banks, and into Bitcoin as a result of the recent demonstration of fragility within the banking system by the default of Silicon Valley Bank.
This appears to have triggered a mass flow of money out of banks - looking for any alternative at all. Bitcoin is surging as a result and this could become extreme if it accelerates.
It's time for Bitcoin to shine for it's robust antifragility!
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.