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25 8 open and close the weekly above there then I would say were most likely going to be headed to that [Music] hello guys today our guest is another well-known and popular crypto and Bitcoin Trader crypto safety who in this video explained his unorthodox thesis of Bitcoin price action with some interesting predictions data from coin Telegraph markets Pro and trading view showed BTC USD hitting 23 206 on bitstamp down around 1.5 percent on the day the pair came under pressure as rumors swirled over the fate of silvergate which lost United States exchange coinbase as a client in a decision the latter set came out of an abundance of caution silvergate had suffered as a result of the FTX implosion delaying its 10K report this week and warning that it could be less than well capitalized the shares of parent company silvergate Capital were down 40 percent on the day at the time of writing coinbase also felt the pressure with coinbase global shares losing 9.65 percent with BTC price action