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Bitcoin bulls set to look at 52K?
The new world order and the future of cryptocurrenciesAs you know, Bitcoin gained 15% from yesterday's low at the current price, as Russians look for alternative means of payments. After that most developed countries applied sanctions against Russia,...
Bitcoin Climbs to Test a Resistance
Bitcoin ended higher last Thursday after erasing earlier losses as Ukraine conflict started. Bitcoin price rebounded after touching the support on February 24 and is rising currently. As the BTCUSD daily chart below indicates, the trend is bullish –...
Russia-Ukraine and global risk in the market
Ruble in trouble, Gold above $1,900.The new week started with risk aversion. USVIX opened above 30 and strengthened before easing with the beginning of peace talks between the two sides involved. On the fifth day after Russian forces entered Ukraine,...
Ukrainian Crisis Impact on Cryptocurrencies
Western sanctions on Russian businesses and banks in response to armed conflict between Russia and Ukraine have created an unexpected support for cryptocurrencies markets. It is easy to see how Russian businesses and citizens scramble to secure...
Weekly Outlook, First week of March
War, Central Banks, and NFP The week ahead will be a heavy week with too much data and events. Central banks in Canada and Australia will be the first central banks in the next round of monetary policy meetings. And while supply chain disruption...