Cryptonaire weekly magazine 224th edition is out now
Glassnode, in their March 7 newsletter, concluded that short-term holders seem to be selling their coins while the “long-term holder sell-side has continued to decline since Jan 2021, a signal of growing conviction in the face of high macro uncertainty.”
Nigel Green, CEO of deVere Group, also voiced a bullish projection when he said that Bitcoin could reach $50,000 by the end of March.
Anthony Scaramucci, founder and managing partner of global alternative investment firm SkyBridge Capital, in an interview with Magnifi Media, said that Bitcoin was
not an inflation hedge but an “early technological adoption story that is mirroring a lot of what happened in Web 1.” He projected Bitcoin to touch $100,000 within two years.
We had mentioned in our previous analysis that the bears will defend the zone between £32,382 and £34,032 aggressively and that is what happened. Bitcoin turned down
from £33,987.99 on March 2 and broke below the moving averages on March 4.
Both moving averages have flattened out and the relative strength index (RSI) is near the midpoint, indicating a range-bound action in the near term. The BTC/GBP pair
is likely to remain stuck between £24,450 on the downside and £34,032 on the upside.
If the price rises and sustains above the moving averages, the bulls will try to push the pair toward the resistance of the range. Alternatively, if the price breaks below £27,724.38, the bears will try to pull the pair toward the support of the range.
A break above or below the range is likely to begin the next trending move. Until then, the price action inside the range is likely to remain volatile.
Lastly please check out the advancement’s happening in the cryptocurrency world.
Enjoy the issue!
Featuring in this weeks Edition:
- Artex
- Asimi
- XMateFans
- bitcci
- Hubble Protocol
- Maxxer
- Nunu Psirits
- Reefer Token
- Jimizz
- Faith Tribe
Read More
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Europe Crypto Regulations Set to Move Forward—Without Bitcoin 'Ban'
How Crypto Shamed The UN: Larger And Transparent Donations
Biden Planning to Sign Executive Order on Crypto This Week
FinCEN includes crypto in alert on Russia potentially evading sanctions
Artex, globalization of Art
ASIMI: Revolutionary Ads Minting Platform
bitcci: Introducing the Best Crypto Token For The Adult Industry!
DeFi Coming to Solana with Hubble Protocol
Jacquie & Michel Group officially launches its own crypto-currency: the Jimizz
#Artex #ReeferToken #FaithTribe #Jimizz #XMateFans #HubbleProtocol #NunuSpirits #bitcci #Asimi #Maxxer #CryptonaireWeekly #platinumcryptoacademy #Binance #Bitcoin #Ethereum #Ripple #Litecoin #Ecosystem #DayTrading #BTC #digitalcurrency #digitalcurrencymarket #DayTrading #Cryptocurrencyexchanges #digitalexchange
CW - Website Work
https://www.platinumcryptoacademy.co...8th-march-2022
