{"id":412138,"date":"2022-03-04T19:24:04","date_gmt":"2022-03-04T16:24:04","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-declines-with-us-stocks-as-nuclear-threat-ripples-through-markets\/"},"modified":"2022-03-04T19:24:04","modified_gmt":"2022-03-04T16:24:04","slug":"bitcoin-declines-with-us-stocks-as-nuclear-threat-ripples-through-markets","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-declines-with-us-stocks-as-nuclear-threat-ripples-through-markets\/","title":{"rendered":"# Bitcoin declines with US stocks as nuclear threat ripples through markets"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3bef63b0f5c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3bef63b0f5c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-declines-with-us-stocks-as-nuclear-threat-ripples-through-markets\/#%E2%80%9D_Bitcoin_declines_with_US_stocks_as_nuclear_threat_ripples_through_markets_%E2%80%9C\" >&#8221; Bitcoin declines with US stocks as nuclear threat ripples through markets &#8220;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-declines-with-us-stocks-as-nuclear-threat-ripples-through-markets\/#Trader_Markets_%E2%80%9Cshaky%E2%80%9D_but_BTC_could_bounce\" >Trader: Markets \u201cshaky,\u201d but BTC could bounce<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-declines-with-us-stocks-as-nuclear-threat-ripples-through-markets\/#Price_consolidation_was_%E2%80%9Cexpected%E2%80%9D\" >Price consolidation was \u201cexpected\u201d<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Bitcoin_declines_with_US_stocks_as_nuclear_threat_ripples_through_markets_%E2%80%9C\"><\/span>&#8221; Bitcoin declines with US stocks as nuclear threat ripples through markets &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-128018ef>Bitcoin (BTC) bulls saw no relief at the Wall Street open on March 4 as $40,000 support <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>eared on the horizon.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/9f44ff91-65de-4893-9ed0-d5e74dce6096.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD 1-hour candle chart (Bitstamp). Source: TradingView<\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Trader_Markets_%E2%80%9Cshaky%E2%80%9D_but_BTC_could_bounce\"><\/span>Trader: Markets \u201cshaky,\u201d but BTC could bounce<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=BINANCE\">TradingView<\/a>\u00a0revealed new March lows of $40,551 for BTC\/USD on Bitstamp, taking two-day losses to 10.2%.<\/p>\n<p>Fears over the security of Ukraine\u2019s nuclear infrastructure drove not just crypto but traditional markets lower on the day, with the S&amp;P 500\u00a0following European indexes to decline by 1.4%.<\/p>\n<p>\u201cBitcoin\u00a0correcting as tensions around Ukraine are increasing, and fear is increasing too as Gold is rushing upwards,\u201d Cointelegraph contributor Micha\u00ebl van de Poppe <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1499684041565556737\">explained<\/a> in his latest <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> update. <\/p>\n<blockquote><p>\u201cMight be seeing a bounce, if we do, I\u2019m looking at $43.1-43.5K as a potential resistance point. Overall shaky markets, altcoins dropping too.\u201d<\/p><\/blockquote>\n<p>Looking ahead, meanwhile, a highly cautious Pentoshi warned that the macro outlook looked bleak thanks to a combination of commodity inflation, reduced ability of central banks to tame it, and the existing damage done by responses to the coronavirus over the past two years.<\/p>\n<p>\u201cYou can already see other markets starting to show massive cracks in the foundation, Hong Kong has erased 100% of the post covid gains, and it appears European markets are next,\u201d he <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Pentosh1\/status\/1499435077649977354\">wrote<\/a> in one of a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of tweets about the situation Thursday. <\/p>\n<blockquote><p>\u201cI\u2019m not sure how anyone can look at the past, and be bullish on the present.\u201d<\/p><\/blockquote>\n<p>Oil remained a case in point this week, with WTI reaching its highest levels in the past decade and Brent hitting $112 a barrel. Russian oil conversely struggled to find buyers despite being offered at a steep discount.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Price_consolidation_was_%E2%80%9Cexpected%E2%80%9D\"><\/span>Price consolidation was \u201cexpected\u201d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When it came to Bitcoin, however, not everyone was bearish.<\/p>\n<p><strong><em>Related:\u00a0Bitcoin mining difficulty drops for the first time this year<\/em><\/strong><\/p>\n<p>Analyzing recent chart movements, popular account BTCfuel spied a potential rebound already in the making.<\/p>\n<p>\u201cBitcoin\u00a0looks like it\u2019s setting up a reversal structure,\u201d he commented alongside a chart showing two potential trajectories for BTC price action.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> looks like it&#8217;s setting up a reversal structure <\/p>\n<p>After running into the 100D MA (red) there are 2 scenarios possible IMO. Staying between the MA&#8217;s and following the blue scenario or falling below the MA&#8217;s and following the orange scenario <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/f4XvqZWVA4\">pic.twitter.com\/f4XvqZWVA4<\/a><\/p>\n<p>\u2014 BTCfuel (@BTCfuel) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BTCfuel\/status\/1499748578457178113?ref_src=twsrc%5Etfw\">March 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Others, including fellow Twitter account Kaleo, were equally unfazed.<\/p>\n<p>\u201cConsolidating in the 40.5K &#8211; 42K range above support as expected. Still expecting a bounce from this range,\u201d he <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoKaleo\/status\/1499753748373114883\">wrote<\/a> Friday.<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoKaleo\/status\/1499753748373114883\/photo\/1\"><\/a><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-declines-with-us-stocks-as-nuclear-threat-ripples-through-markets\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Bitcoin declines with US stocks as nuclear threat ripples through markets &#8220; Bitcoin (BTC) bulls saw no relief at the Wall Street open on March 4 as $40,000 support appeared on the horizon. BTC\/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Markets \u201cshaky,\u201d but BTC could bounce Data from Cointelegraph Markets Pro and TradingView\u00a0revealed&#8230;<\/p>\n","protected":false},"author":1,"featured_media":412139,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvNjE3NmM4M2ItNzdiMS00ZGJlLTllNjYtYWI4NDNhODY0MzVjLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,73785],"class_list":["post-412138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/412138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=412138"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/412138\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/412139"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=412138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=412138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=412138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}