Market Strategist Explains 4 Reasons Why BTC Is Rallying — 'Ukraine Crisis Highlights How Bitcoin Can Act as a Support Mechanism' – News Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

On Monday, Sven Henrich, Northmantrader's founder and lead market strategist discussed bitcoin “rallying in the face of this crisis.”

, Henrich described why he thought bitcoin was “rallying in the face of this crisis.” Henrich touched upon four main reasons in the Twitter thread with the first being “Fundamental.”

“Fundamental: Adoption [and] acceptance continues to expand, i.e Ebay but also institutional. This path will continue in my view. There is no sign of regression, but continued expansion,” Henrich noted. “Sentiment: The Ukraine crisis highlights how bitcoin can act as a support mechanism to raise funds when traditional avenues are cut off. Blockchain [and] decentralized money to become more relevant.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What impact does Bitcoin have in the future?

MetaBetcasino is surpassing a lot of Crypto Degens’ expectations. It's a great coin with great promise, and it's not too late to get in on the ground floor. With under 5000 holders and a solid leadership, this is exactly the type of crypto I look for.

New NFT out called BlucaNft check it out😀

Addicted to🌕 ? LowMarketCap moonshot $AxlToken $Axl is for You🌈 AxlToken 🛡CertiK + Doxed Devs ⛔ 0% Tax 🛒 Multi CEX Listings 🤑 ETH BSC Staking 🔜 🚀IDO Launchpad 🗿NFT 🎮 P2E & Metaverse on Mars🌌 AXL AXLtoken DeFi NFT altcoin NFTs NFTcommunity NFTCollection

Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT. BTC - 12mqGdtYMKTYfsKYvkHQRrfwV7pk8R2bta ETH (ERC-20) - 0x2584207e910c50db860c50126b0fb41a3e2317d7 And USDT ERC -20 0x2584207e910c50db860c50126b0fb41a3e2317d7

bitcoin is is still holding very well over the 41k support, confidence seems to have come as the market is greening I feel like bulls are still in control here. I'm All hodl Following bernie_Doranfx tweets and prediction I’ve learnt a lot

A great leader would cancel the central bank and tell all the citizens and corporations to stack as much Bitcoin It would be the strongest nation on earth All. Thanks to bernie_Doranfx for making my bitcoin dream come through! I have added massively to my holdings Follow him

I think this is the first time a whole country wakes up to crypto's real value im a matter hours

i like milo to the moon Milo MiloInu MiloInu

You have been a help for so many people

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin, Ethereum Technical Analysis: ETH, BTC Rebound After Weekend Selloff – Market Updates Bitcoin NewsBitcoin and ethereum prices rebounded on Monday, after declining throughout the weekend, as the Russian invasion of Ukraine heightened. SheraTokens It's a long way to touch a dream. This way, it will be short. You have to think creatively. Of course, this means that you are investing in SHERA shr shera sheratokens_to_the_mooon Coz ebay accpted crypto payments SheraTokens shr shera sheratokens_to_the_mooon Sheratokens.comThe road to success, don't miss the train, make your dream come true
Source: BTCTN - 🏆 531. / 51 Read more »

Technical Analysis: LUNA Leads Crypto Rally, ANC Slips Under Bearish Pressure – Market Updates Bitcoin NewsOn Monday, LUNA rose for its 8th session in nine days, as its value increased by close to 60% over the last week.
Source: BTCTN - 🏆 531. / 51 Read more »