![]() ![]() Moreover, the Bitcoin fundamental aspects have been outweighing the technical outlook. Having remained above the 200 WMA in the past three days, analysts are getting more confident the effects of the weekly death cross will fade off over time. ![]() According to our latest crypto market data, Bitcoin price is up over 26 percent in the last 14 days. The Bitcoin market has held $28k for the past few days, despite the altcoin industry remaining generally calm. They can't print more #BitcoinĬloser Look at the Bitcoin Market Ahead of FOMC Statements Tomorrow ![]() I'll be live on CNBC with in 30 minutes to discuss the collapse of the banking system, the tarnished credibility of the Fed, and why #Bitcoin matters now more than ever. Moreover, Bitcoin is hard printed to 21 million units despite the increasing global demand. Having been tested for the past fourteen years, Bitcoin is expected to shield ordinary people from impending financial implosion. The results of the 2008 financial crisis brought forth the Bitcoin digital asset by Satoshi Nakamoto, which will now be experiencing its first major global recession. Moreover, recent bank insolvency has been compared to the pre-2008 Lehman Brothers bankruptcy after being in operation for 158 years. Notably, the United States Federal government is working to prevent further bank insolvency. With United States officials reportedly studying ways to let the Federal Deposit Insurance Corporation (FDIC) temporarily insure deposits beyond the current $250,000 cap on most accounts without getting approval from Congress, confidence in Bitcoin is expected to rise exponentially. The Bitcoin market continued to flourish amidst the global banking crisis, which analysts indicate is in the early stages. ![]()
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