This is the weekly Heikin Ashi Candlestick Chart for BTCUSD on BITSTAMP 2012-2022. The Russian-Ukraine conflict/war caused Bitcoin to drop below the all time low trend line. Keeping in the parallel channel, price of bitcoin will be a million dollars in 4 years. = )
Today, it's an absolute bloodbath in financial markets. Besides bonds, which are doing OK, stocks and cryptocurrencies are getting absolutely ravaged by the news of the Russian invasion of Ukraine yesterday evening. At noon ET, top-10 cryptocurrencies Binance Coin ( BNB ), XRP ( XRP -1.99% ), and Solana ( SOL 5.88% ) had dropped 9.4%, 10.7% and 6.1%, respectively,...
Several equities have reacted sharply to the suggestion that Russia is de-escalating its presence on the Russia/Ukraine border. As reported by Reuters, Russia has begun to move an undisclosed number of its troops away from the Ukrainian border after completing mock defence exercises. Even so, tensions have not entirely dissipated. NATO, US, and UK officials...