The Biggest Macro Event Since March
According to the bright minds of FinTwit, the biggest event isn’t the U.S. presidential election but today’s Pfizer vaccine update.
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Bitcoin has undergone a strong rally over recent months from the March lows to $12,500 at the August highs. Not everyone is convinced that the crypto’s macro trend is positive, though. They point to the fact that Bitcoin has yet to firmly establish itself above $11,500 and $12,000. Those two levels have been of technical importance on a macro time frame since the 2017 highs. Three crucial reasons, though, suggest that Bitcoin’s macro trend is […]
A successful Coinfest event took place on March 20 in Kumasi, Ghana attracting crypto enthusiasts from all over the world. Similar events are also scheduled to be held in Tanzania and Botswana on March 27, with the latter expecting to receive Africa’s second Bitcoin ATM. Coinfest 2015 was supposed to welcome the participation of several African countries on the weekend of February 20 and 22. However, the Coinfest’s African counterparts have been pushed to March with one event already held in Kumasi on March 20 with others scheduled for March 27 in Gaborone, Botswana and Dar es Salaam,....
Bitcoin price action goes from $45,000 to $40,800 in 48 hours thanks to an increasingly volatile macro environment. Bitcoin (BTC) bended to new macro pressures on March 4 after bulls failed to hold $42,000 for long.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEurope stocks sink on Friday openData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching lows of $40,800 on Bitstamp Friday after a major options expiry event.Overnight performance, initially showing a recovery, had been stymied by worries over a nuclear power plant fire in Ukraine.Stocks futures fell....
Bitcoin 2021 was the biggest Bitcoin event in history. You can find all of the content on Bitcoin Magazine’s YouTube page.
Bitcoin fast approaching towards a critical intersection of macro support, according to a crypto analyst. Critical Intersection Of Macro Support As pointed out by a Bitcoin analyst on Twitter, the cryptocurrency is coming closer to an intersection with a macro support curve. BTC macro support curve | Source: TheCryptoCactus The above chart showcases how Bitcoin […]