Kevin O'Leary, NFTs and Kyle Lowry Giveaway!

Issue #180: Kevin O’Leary, NFTs and Kyle Lowry Giveaway 👀

April 14th, 2022

Weekly Market Recap

Everything is down, except Bitcoin Cash!

Bitcoin -5.87%

On the week, Bitcoin dropped almost 10%. Since Monday, we’ve witnessed a small recovery of 4%. The 40-day correlation between Bitcoin and the Nasdaq100 index hit a record of 0.6945. The closer to 1 the higher the correlation. Does this question the argument Bitcoin is an inflation hedge and a portfolio diversifier?

Ethereum -3.58%

Ethereum’s chart looks almost identical to Bitcoin. It dropped 7% on Monday. In the last two days, it had a 5% recovery. There was some important news coming out of the Ethereum camp. The PoW to PoS merge is no longer expected to launch in June. No current launch date other than “soon”.

Solana -6.71%

Solana’s been in a downtrend since hitting its most recent high of $107 USD on April 14th, 2022. Its dropped 30% since. Finding support at $100 USD.

Bitcoin Cash +1.44%

Bitcoin Cash experienced the same drop on Monday other coins did. The difference is its recovery. On Tuesday and Wednesday, BCH’s price increased by almost 16%. It has yet to retrace any key Fib levels since its ATH in May of 2021 and a recent low in January of this year.

MATIC -4.20%

On Monday, Matic hit support at $1.32 USD. The lowest it’s been since it broke market structure on March 28th. Since Monday, it’s gained back 6%.

AAVE -11.94%

AAVE crashed 40% since its recent high of $262 USD on April 1st, 2022. This past week, it found support around $157 USD. Climbing 13% since hitting the $157 USD support level.

All Other Coins

Everything else was down. The Catalyst may be the market anticipating the negative CPI Print, as all coins were down on Monday.

Thank you for reading.

If you’re looking to trade the latest market moves, tap on the click here to Access Your Account

Bitbuy Customer Exclusive AMA With The One and Only Kevin O’Leary!

Kevin reveals his 2022 crypto investing thesis and how it’s changed in the last month.

Followed by an exclusive AMA where he answers your crypto questions.

Register now and submit your crypto questions for Kevin O’Leary – Mr. Wonderful himself.

The AMA takes place on Monday, April 18th, 2022 at 11:30 am.

When you submit a question you will be immediately entered to win an exclusive WonderFi crewneck shirt.

Yesterday, there were already 644 of the 1000 possible attendees registered. Please register before the AMA fills up.

Register For The Event

Win This NFT!

We’re giving away Nudie Community #7660!

Enter for your chance to win 🔥

Here’s how you enter👇

1. Follow Bitbuy on TikTok
3. Tag 1 friend in the comments of the post

The contest ends on April 25th, 2022 at 11:00 AM EST so enter NOW for your chance to win!
Contest Terms and Conditions

Win an Official Basketball Signed by Kyle Lowry!

Catch a quick recap of last Friday’s NEO NewsFlash event?

Win an Official Basketball Signed by Kyle Lowry!

We’re giving away 3 signed basketballs from Toronto basketball legend Kyle Lowry! Enter for your chance to win 🔥

Here are 4 ways to enter:

1. Sign up for a Bitbuy account and complete account verification during the contest period

2. Complete a CAD or crypto deposit on your Bitbuy account during the contest period

3. Enter on Twitter👇
i) Follow @bitbuy on Twitter
ii) 🔁 RT this giveaway tweet

4. Enter on Instagram👇
i) Follow @bitbuy on IG
ii) Comment 🏀🏀🏀 on this post

The contest ends at 10:00 AM on April 15th, 2022 so enter NOW for your chance to win!
Giveaway Terms and Conditions

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