{"id":415851,"date":"2022-03-14T10:54:47","date_gmt":"2022-03-14T07:54:47","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/two-years-since-the-covid-crash-5-things-to-know-in-bitcoin-this-week\/"},"modified":"2022-03-14T10:54:47","modified_gmt":"2022-03-14T07:54:47","slug":"two-years-since-the-covid-crash-5-things-to-know-in-bitcoin-this-week","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/two-years-since-the-covid-crash-5-things-to-know-in-bitcoin-this-week\/","title":{"rendered":"# Two years since the Covid crash: 5 things to know in Bitcoin this week"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 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-6af80de8720b7\" 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-6af80de8720b7\" 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\/two-years-since-the-covid-crash-5-things-to-know-in-bitcoin-this-week\/#%E2%80%9D_Two_years_since_the_Covid_crash_5_things_to_know_in_Bitcoin_this_week_%E2%80%9C\" >&#8221; Two years since the Covid crash: 5 things to know in Bitcoin this week &#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\/two-years-since-the-covid-crash-5-things-to-know-in-bitcoin-this-week\/#Russia_China_inflation_and_the_Fed\" >Russia, China, inflation and the Fed<\/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\/two-years-since-the-covid-crash-5-things-to-know-in-bitcoin-this-week\/#Spot_price_%E2%80%9Ccelebrates%E2%80%9D_two_years_since_Covid_crash\" >Spot price &#8220;celebrates&#8221; two years since Covid crash<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/two-years-since-the-covid-crash-5-things-to-know-in-bitcoin-this-week\/#Accumulation_provides_faint_silver_lining\" >Accumulation provides faint silver lining\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/two-years-since-the-covid-crash-5-things-to-know-in-bitcoin-this-week\/#Market_sentiment_impresses_no_one\" >Market sentiment impresses no one<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/two-years-since-the-covid-crash-5-things-to-know-in-bitcoin-this-week\/#Blast-off_for_volcano_bonds\" >Blast-off for volcano bonds?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Two_years_since_the_Covid_crash_5_things_to_know_in_Bitcoin_this_week_%E2%80%9C\"><\/span>&#8221; Two years since the Covid crash: 5 things to know in Bitcoin this week &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-128018ef>Bitcoin (BTC) starts a new week struggling to preserve support as key macro changes <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>ear on the horizon.<\/p>\n<p>In what could turn out to be a crucial week for Bitcoin and altcoins\u2019 relationship with traditional assets, the United States Federal Reserve is set to be the main talking point for hodlers.<\/p>\n<p>Amid an atmosphere of still rampant inflation, quantitative easing still ongoing and geopolitical turmoil focused on Europe, there is plenty of uncertainty in the air, no matter what the trade.<\/p>\n<p>Add to that a failure by Bitcoin to benefit from the chaos and the result is some serious cold feet \u2014 what would it take to instil confidence?<\/p>\n<p>Just as it seems nothing could break the now months-old status quo on Bitcoin markets, which have been stuck in a trading range for all of 2022 so far, upcoming events could nonetheless provide that catalyst for a sea change in both sentiment and price action.<\/p>\n<p>Cointelegraph takes a look at the factors set to help move the markets in the coming days.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Russia_China_inflation_and_the_Fed\"><\/span>Russia, China, inflation and the Fed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Fight it or not, the Fed is the likely kingmaker when it comes crypto performance this week.<\/p>\n<p>On Wednesday, policymakers will decide whether or not to proceed with a key interest rate hike which has been expected since last year.<\/p>\n<p>The Fed has a problem \u2014 inflation is running hot, but the desire to reduce its record balance sheet from two years of coronavirus excesses is too.<\/p>\n<p>A rate hike is thus tipped to be only modest \u2014 perhaps a quarter of a basis point \u2014 but the implications could nonetheless be considerable for Bitcoiners.<\/p>\n<p>BTC has already shown itself to be firmly attached to U.S. equities, and any knee-jerk reactions to the Fed will likely be copied.<\/p>\n<p>Stocks are no friends of rate hikes, as the easy money period which accompanied Coronavirus reactions was something of a golden era which only ended in late 2021 as the reality of the Fed\u2019s moves hit home. Bitcoin likewise saw an all-time high in November and then began a swift decline.<\/p>\n<p>\u201cThis week will be big for crypto and equities traders, as the Fed is expected to decide on a quarter-point rate hike this week. Bitcoin &amp; Ethereum have been pegged to the SP500 in 2022, and these decisions should impact cryptocurrencies greatly,\u201d analytics firm Santiment <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/santimentfeed\/status\/1503235540828581888\">summarized<\/a> Monday.<\/p>\n<p>The Fed, however, is far from the only macro player for Bitcoiners to worry about. <\/p>\n<p>In Europe, lawmakers are set to vote on cryptocurrency legislation, with some attempting to instigate a ban on Proof-of-Work protocols citing environmental concerns.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Tomorrow, March 14th, the European Parliament ECON Committee will vote on the MiCA, the regulation that will define the course of cryptocurrency adoption in the EU. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> may face discriminatory treatment due to PoW consensus. Thread<\/p>\n<p>\u2014 Arnab Naskar (@Arnab_Naskarr) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Arnab_Naskarr\/status\/1503020493833740291?ref_src=twsrc%5Etfw\">March 13, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>While critics have already dismissed the idea as ludicrous, the threat to sentiment from a potential victory remains.<\/p>\n<p>\u201cA PoW ban would be a ban on guessing a number,\u201d Knut Svanholm, author of \u201cBitcoin: Sovereignty Through Mathematics\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/knutsvanholm\/status\/1502709268021141512\">warned<\/a>. <\/p>\n<blockquote><p>\u201cThink about what such a ban would imply.\u201d<\/p><\/blockquote>\n<p>Next door, the Russia-Ukraine conflict continues to advance, along with its economic fallout \u2014 Russia risks default, and sanctions and trade blocks are adding to inflationary pressures.<\/p>\n<p>In China, meanwhile, Coronavirus itself is back on the radar, with increasing numbers of residents locked down.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Spot_price_%E2%80%9Ccelebrates%E2%80%9D_two_years_since_Covid_crash\"><\/span>Spot price &#8220;celebrates&#8221; two years since Covid crash<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As such, things are at best precarious for short-term Bitcoin traders.<\/p>\n<p>Given that any one of the above macro factors could spark a fresh rout in equities, for many, Bitcoin felt like a sitting duck as the week began.<\/p>\n<p>\u201cWe are yet to see the capitulation dip as per every other macro dip we have seen,\u201d popular <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> account Crypto Tony <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoTony__\/status\/1503073677478436874\">argued<\/a>.<\/p>\n<p>Such a capitulatory move has already been voiced as a stark possibility, and the timing would be grim, coming almost exactly two years to the day that BTC\/USD crashed to $3,600 in the first round of Coronavirus mayhem.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Today is the 2 year anniversary of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>\u2019s supposed death. <\/p>\n<p>Congrats to those who bought this dip, legendary stuff. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/2nA8Joithk\">pic.twitter.com\/2nA8Joithk<\/a><\/p>\n<p>\u2014 Dylan LeClair  (@DylanLeClair_) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DylanLeClair_\/status\/1502723996101525504?ref_src=twsrc%5Etfw\">March 12, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As previously reported, support levels remain unclaimed as $40,000 refuses to hold for more than a few days or hours.<\/p>\n<p>The weekly close saw a last-minute dip towards $37,000, BTC\/USD nonetheless managing to reclaim much of the lost ground to trade at around $38,600 at the time of writing.<\/p>\n<p>Analyzing the near-term prospects, fellow Twitter account Plan C turned to his Confluence Floor Model to conclude that a macro price bottom could be due in the coming month.<\/p>\n<p>Such a low could fall at around $27,000, however, and would take Bitcoin below its 2021 opening price and briefly out of the range in which it has consolidated since then.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\u26a0\ufe0f Very Important Post <\/p>\n<p>The floor <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> price of the accumulation phases was within 0-29 days, of the last 3 crosses<\/p>\n<p>We had a cross 9 days ago, will history repeat? <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a><\/p>\n<p>Last 3 times, resulted in a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a> price drop to my Confluence Floor Model, currently at $26,820. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/pcB3UgknUz\">pic.twitter.com\/pcB3UgknUz<\/a><\/p>\n<p>\u2014 Plan\u00a9\ufe0f (@TheRealPlanC) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheRealPlanC\/status\/1503123676224532482?ref_src=twsrc%5Etfw\">March 13, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u201cI am not convinced we go to 27k, but if history repeats for a 4th straight time that could be the low of this accumulation phase,\u201d Plan C added in Twitter comments.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Accumulation_provides_faint_silver_lining\"><\/span>Accumulation provides faint silver lining\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On the topic of accumulation, it appears that it is not all bad <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> when it comes to demand for Bitcoin at current prices.<\/p>\n<p>As Cointelegraph reported, whales have been active in recent days, while the proportion of the overall BTC supply controlled by smaller investors has reached a one-year high.<\/p>\n<p>Now, those habits are being reflected in the continued fresh lows in exchanges\u2019 supply.<\/p>\n<p>The changes were noted by Philip Swift, creator of on-chain analytics resource LookIntoBitcoin, on Monday.<\/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> balance on exchanges making new lows  <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/zgqfSMNuoZ\">pic.twitter.com\/zgqfSMNuoZ<\/a><\/p>\n<p>\u2014 Philip Swift (@PositiveCrypto) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/PositiveCrypto\/status\/1503253274761310209?ref_src=twsrc%5Etfw\">March 14, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Separate data from on-chain analytics firm <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoquant.com\/asset\/btc\/chart\/exchange-flows\/exchange-reserve?exchange=all_exchange&amp;window=DAY&amp;sma=0&amp;ema=0&amp;priceScale=linear&amp;metricScale=linear&amp;chartStyle=line\">CryptoQuant<\/a> confirms the trend, and shows that out of the 21 major exchanges it covers, BTC balances are at their combined lowest since early August 2018 \u2014 2.32 million BTC.<\/p>\n<p>The story with exchange balances is in fact fairly complex, as different exchange exhibit different trends.<\/p>\n<p>In the latest edition of its weekly newsletter, \u201c<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/insights.glassnode.com\/the-week-onchain-week-10-2022\/\">The Week On-Chain<\/a>,\u201d released March 7, fellow on-chain analytics platform Glassnode devoted significant attention to the phenomenon, noting that sell-side supply overall remains \u201cfairly modest\u201d given macro circumstances.<\/p>\n<p>\u201cDuring the highly volatile macro and geopolitical events of the last few weeks, exchange net-flow volumes are also reasonably stable, despite a slight bias towards inflows this week,\u201d researchers noted at the time.<\/p>\n<p>The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/glassnodealerts\/status\/1503236984902496263\">latest Glassnode data<\/a> shows that exchanges have since lost another $1.9 billion in BTC in the past week.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_sentiment_impresses_no_one\"><\/span>Market sentiment impresses no one<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Unsurprising, perhaps, but Bitcoin and wider crypto sentiment is pointing firmly downhill this week.<\/p>\n<p>After two months of ranging and fakeouts, bulls are tired and the threat of a macro-induced capitulation hangs in the air.<\/p>\n<p>\u201cBitcoin sentiment feels worse now than July \u201821 imo and price is over $8k higher now vs. the July \u201821 low,\u201d Twitter analytics account On-Chain College <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/OnChainCollege\/status\/1503195279914328064\">summarized<\/a>.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CaneDigital\/status\/1503152561787973639\">Examining<\/a> the on-chain reality this week, research, insight, and education resource Cane Island Digital Research highlighted volume as another telltale sign that momentum had fallen out of Bitcoin.<\/p>\n<p>\u201cBitcoin volume is a horrible indicator of price but it is a decent indicator of sentiment,\u201d it commented. <\/p>\n<blockquote><p>\u201cIt&#8217;s hard to think that volume could go much lower, which means bitcoin must be close to a bottom.\u201d<\/p><\/blockquote>\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> volume is a horrible indicator of price but it is a decent indicator of sentiment. It&#8217;s hard to think that volume could go much lower, which means bitcoin must be close to a bottom. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/6wWtsxLDHa\">pic.twitter.com\/6wWtsxLDHa<\/a><\/p>\n<p>\u2014 Cane Island Digital Research (@CaneDigital) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CaneDigital\/status\/1503152561787973639?ref_src=twsrc%5Etfw\">March 13, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>While this could be an indicator of an incoming capitulation and trend reversal, the fear was still palpable.<\/p>\n<p>Mark Yusko, founder, CEO &amp; CIO of Morgan Creek Capital Management, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/MarkYusko\/status\/1503164627940786181\">described<\/a> the Cane Island numbers as sentiment \u201cgetting close to washed out.\u201d<\/p>\n<p>The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">Crypto Fear &amp; Greed Index<\/a>, meanwhile, remains in \u201cextreme fear\u201d territory, near the 20\/100 mark which has acted as a line in the sand since mid-February.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/5af303a2-6b70-47e9-84c6-577eb9432267.png\"><figcaption style=\"text-align: center;\"><em>Crypto Fear &amp; Greed Index (screenshot). Source: TradingView<\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Blast-off_for_volcano_bonds\"><\/span>Blast-off for volcano bonds?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Looking for a counterpoint to the seemingly endless bad news from macro sources?<\/p>\n<p><strong><em>Related:\u00a0Top 5 cryptocurrencies to watch this week: BTC, DOT, SAND, RUNE, ZEC<\/em><\/strong><\/p>\n<p>It could well come this week in the form of El Salvador and the issuance of its much-vaulted ten-year Bitcoin bonds, known informally as the \u201cvolcano bonds.\u201d<\/p>\n<p>The country which became the first to adopt Bitcoin as legal tender last year has since turned to geothermal energy from a volcano to mine BTC.<\/p>\n<p>To that end, it is now seeking long-term investment partnerships by issuing bonds tied directly to mining \u2014 a move which has got commentators excited about serious money potentially flowing into the ecosystem.<\/p>\n<p>While the exact date of the bonds\u2019 issuance, expected to attract $1 billion, remains unknown, suspicions are mounting that it could come this week.<\/p>\n<p>Aside from the benefits of using the cash to invest in BTC, the long-term consequences of El Salvador\u2019s plan, if successful, should be underestimated as a shift in the global economic paradigm, according to former Blockstream CSO, Samson Mow.<\/p>\n<p>In an <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/saifedean.com\/podcast\/104-augmenting-bitcoin-with-samson-mow\/\">interview<\/a> with Saifedean Ammous on the Bitcoin Standard Podcast this weekend, Mow was as upbeat as anyone on the outlook.<\/p>\n<p>\u201cSo if El Salvador pulls off this bond, then it shows the world that you don\u2019t need to rely on the IMF or any central lending Institute that does not necessarily have your best interest at heart, but you can just fund everything with Bitcoin backed bonds,\u201d he said.<\/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 News 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\/two-years-since-the-covid-crash-5-things-to-know-in-bitcoin-this-week\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Two years since the Covid crash: 5 things to know in Bitcoin this week &#8220; Bitcoin (BTC) starts a new week struggling to preserve support as key macro changes appear on the horizon. In what could turn out to be a crucial week for Bitcoin and altcoins\u2019 relationship with traditional assets, the United States&#8230;<\/p>\n","protected":false},"author":1,"featured_media":415852,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvY2NkNGU5YzgtMGI3Zi00YjI3LWIzZTEtM2NiOGFlMWIzODNkLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,73785],"class_list":["post-415851","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\/415851","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=415851"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/415851\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/415852"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=415851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=415851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=415851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}