BTCUSD D1 LONG-TERM
The announcement of the new package of Sanctions on Russia are about to spike the #Bitcoin price as EU has just announced that they will cut out Russian participation in the financial sector.
With Russia owning most bitcoins, the EU's sactions to exclude Russian banks on the financial markets could be the biggest driver for Bitcoin to move bullish.
If $29700 level holds, I anticipate #Bitcoin to be heading towards $50206-$53536 in a long term.
Lets wait and see how the Russia/NATO tensions unfolds, as this has become a war between Russia and the West as opposed to Russia/Ukraine tensions.
With Russia owning most bitcoins, the EU's sactions to exclude Russian banks on the financial markets could be the biggest driver for Bitcoin to move bullish.
If $29700 level holds, I anticipate #Bitcoin to be heading towards $50206-$53536 in a long term.
Lets wait and see how the Russia/NATO tensions unfolds, as this has become a war between Russia and the West as opposed to Russia/Ukraine tensions.
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