Thursday, March 23, 2023

Bitcoin Price - Is the $2 million bet on BTC a sign of a local top?

Bitcoin Price - Is the $2 million bet on BTC a sign of a local top?
 
 

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The banking crisis spread from the United States to Europe last week. The problem started after Credit Suisse's biggest investor, the Saudi National Bank said that it will not be able to add to its existing investments in the Swiss Bank due to regulatory concerns. That started a downward spiral in Credit Suisse, which ended with the rescue takeover of the 167-year-old bank by UBS over the weekend.

Bitcoin broke and closed above the $25,000 resistance on March 18 which completed the inverse head and shoulders (H&S) pattern.


Weekly
BITCOIN - BTC/USD
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ETHEREUM - ETH/USD
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RIPPLE- XRP/USD

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Top Article This Week!

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ANGRY SHEEP CLUB NFT PRESALES TO
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BLOCKCHAIN MEETS
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ADVANCING THE
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