Title: Bitcoin Slides Ahead Of EU Vote Which Could "Practically" Ban Key Digital Currencies Source:
[None] URL Source:https://www.zerohedge.com/crypto/bi ... lly-ban-key-digital-currencies Published:Mar 14, 2022 Author:Tyler Durden Post Date:2022-03-14 01:42:14 by Horse Keywords:None Views:78 Comments:2
A proposed rule that could effectively amount to a ban on the leading cryptocurrency bitcoin will be voted on by European Union parliamentarians Monday with the outcome very much undecided.
My 4H chart on BTC shows a drop from 39k to 37,600, but that it already rebounded to 38,480. It's barely noticeable, given it's had a low of 37,300 and high of 42,400 in the past week.
Rumor has it that Putin has put some of Russia's holdings into BTC. If so, and if he reveals that, BTC would likely get a very healthy boost. In that scenario -- if Russia has bought some -- he would likely prefer to keep it a secret until it's time to sell.