This week was choppy.
We had a -5% move down last Thursday.
That day, CPI data got released. Which seemed to trigger a spike in the DXY & VIX.
There was also a rumour circulating of an emergency Fed rate increase which never materialized.
After Thursday’s FUD, the Bitcoin price slowly moved up 7% and tested $56,500 CAD this past Tuesday.
Currently, we’ve dipped back down and we’re testing a $50,500 CAD support level.
If you’re looking to trade the latest market moves, click here to access your account.
Get Verified Today and Enter Bitbuy’s ETH Giveaway Lucky Draw
To enter, sign in to your account, scan your Driver’s License or Identity Card and take a selfie to get verified.
Once you are verified, you will be automatically entered to win our giveaway of 1 ETH!
The ETH draw takes place today – February 17th, 2022.
The winner will be contacted via email
You can access the ETH giveaway terms and conditions here
The Canadian Real Estate Investment Summit is happening on March 5th, virtually.
Bitbuy’s COO Jordan Anderson is talking Bitcoin and alternative asset classes.
You may remember him from our New Year’s Eve email, Bitbuy pics, and videos plus many appearances on crypto-related podcasts.
He is a true OG of the Canadian Crypto Community, wicked smart, and an all-around solid dude.
If you’re interested in listening to what Jordan has to say (I know I am) or the 7 other speakers covering a wide range of topics just click on the link below to find out more…
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.