The Bitbuy Brief: It's Been a Rollercoaster

Issue #175: It’s Been a Rollercoaster 🎢

March 10th, 2022

Weekly Market Recap

Bitcoin is down 10% on the week.

The price started moving downward last Thursday evening.

Eventually hitting $47,300 CAD on Monday.

On Monday afternoon, we saw the price action start to swing up.

Culminating with an 8% move up Wednesday night after the leak of Janet Yellen’s crypto notes.

Since then, the market has given back the crypto leak gains and the price is sitting around $50,000 CAD currently.

We’re keeping eyes on $43,500 CAD as support and $57,000 CAD as resistance. Neither level was tested in the past 7 days.

With respect to our other coins, it’s rare when they don’t follow Bitcoin. And this week was no exception.

If you’re looking to trade the latest market moves, click here to access your account.

Friendly Reminder:

Bitbuy has an Awesome Referral Program

Every time any of your friends use your referral code – you both receive $40 when they deposit $250 or more!

That’s $80 of FREE money!

Or like 160,000 Satoshis or 24,000,000 Gwei!

There’s no referral limit either.

The more friends who utilize your referral link, the more you bank.

Start referring today! Click here to get your referral code.

Win a Bitbuy Custom Toque and Water Bottle

Winter is almost over (or so we hope) but we wanted to keep you cozy with our Bitbuy Toque and Insulated Bottles 🥶

5 LUCKY WINNERS will receive Bitbuy’s custom toques and bottles 🔥

Here’s how to enter:

On Twitter👇
1. Follow @bitbuy on Twitter
2. RT the giveaway tweet pinned to the top of our feed

On Instagram👇
1. Follow @bitbuy on Instagram
2. Like the giveaway post on the feed

The contest ends March 16th at 12PM EST.

Giveaway Terms & Conditions

Crypto Wallet Security 101 [Cold Storage Guide]

Crypto Wallet Security 101

Self-custody (or cold storing your crypto) provides complete control of your crypto via a personal private key.

This can leave you exposed to theft or loss (human error).

But, if now is the time to self-custody your crypto or you just want to learn more…

⬇️ Check out our recently updated cold storage guide ⬇️
Read The Guide

Bitbuy’s Canadian Cryptocurrency Tax Guide For 2022

I hear two things are certain in our lives – Death and Taxes. Bitbuy can’t solve either.

But, we can potentially help make your 2022 tax situation a little clearer. Hence why we created our Canadian Tax Guide for 2022.

So, give it a read when you have a minute.
Check Out The Tax Guide