Morgan Stanley Says Bear, Goldman Sachs Opportunity! Will Bitcoin Disintegrate?

The effect of the FED’s sharp interest rate hikes on banks became the number one agenda item in the markets with the closure of SVB Bank.

FED And FDIC Although the markets were partially relieved, the confusion and fear did not pass yet with the statement he made yesterday that the banks will be supported with an additional fund of 25 billion dollars and that it will allow the depositors to pay their money without selling any products.

With the effect of positive news from the FED, there was a serious rally in cryptocurrencies.

Gold 2%; While silver rose by 5%, there was a decrease of up to 4% in European stock markets.

The US futures, which started the day positively, turned red before the stock market opening at 16:30, while the expectations of the experts differed.

Mike Wilson, a popular analyst at Morgan Stanley While saying that any rise to be experienced after the support made by the government should be considered as sales and the next leg of the bear market has started; Lotfi Karoui, chief credit strategist at Goldman SachsAccording to , these fears are exaggerated.

According to Karoui, the market share of the banks in the risk band is quite low, and the risk of contamination from these banks is unlikely to affect large banks.

Stating that there is no capital and liquidity risk in big banks, Karoui said that they will increase the bank rate in their portfolio in any possible big sale.

Acting in parallel with the US stock markets to date Bitcoin’Although there is still concern that the company may be affected by a possible deep sale, the crisis that emerged in response to the banking crisis in 2008 BTCIt is also considered that in this period, .

In such periods when the weather is hazy and uncertain, those who have enough cash to sell the goods in the event of a rise will be more profitable in the medium term.

*Not investment advice.