#BTC_Update 1W

Last night yet another US bank collapsed and was seized by regulators.

In March 2023 Silicon Vally Bank, Signature Bank, and First Republic collapsed.

#Bitcoin rallied +58% after the initial sell-off, as investors realised the value of a zero counter-party risk store of value when systemic risk was high.

Here we are again.

BULLISH! šŸ”„