Bitcoin Is Bolstered by Peterson’s Interest in Macquarie’s Digital Transformation

Azeez Mustapha

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Peterson's Interest in Macquarie Bank's Digital Transformation Bolsters Enthusiasm for Bitcoin Peterson’s enthusiasm for Macquarie Bank’s digital transformation fuels investor excitement for Bitcoin. One of the biggest Australian banks, Macquarie Bank, recently announced its intention to switch to a digital-only banking system starting in 2024. A plan has been put in place to start giving up cash, checks, and phone payment systems to accomplish this. Jordan Peterson expressed interest in the news and underlined the need for clients to give up on the conventional banking system.

Check out Dr. Jordan B. Perterson’s post on X:

 

Additionally, he implied that Bitcoin might someday displace the established banking system. Canadian psychologist Jordan Peterson has a sizable following of more than 4.5 million people on his X (formerly Twitter) platform. It appears that Peterson’s suggestion for promoting Bitcoin has the support of a large portion of the Bitcoin community at this time. This might encourage a major upward growth of BTC in the days to come.

Key Bitcoin Levels To Watch – September 18

Peterson's Interest in Macquarie Bank's Digital Transformation Bolsters Enthusiasm for Bitcoin
Owing to the oversold state of the market in March 2023, BTCUSD climbed upward against major resistance until it hit $31050.00. The swiftness of the expansion that ensued in the oversold region led to the formation of a liquidity void before the $31050.00 high was attained.

From the $31050.00 price level, the market crashed into the liquidity void until it hit $24740.00. Another swift rally occurred again from the $24740.00 support, which eventually invalidated the $31050.00 high. The uptrend is likely to resume as BTCUSD is currently leaving the oversold state of the market after consolidation in the bullish order block.

BTC/USD Critical Levels

Resistance Levels: $28661.00, $31050.00, $36800.00
Support Levels: $24750.00, $19569.00, $15460.00

Total Market Capitalization: $1.01T
Bitcoin Market Capitalization: $490B
Bitcoin Volume: $14.4B
Market Rank: #1

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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