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How the Saint Lucia Citizenship By Investment Program Can Benefit Crypto Investors Seeking a Tax Haven

  Photo by yousef alfuhigi on Unsplash Cryptocurrency investors are always on the lookout for tax-efficient solutions to minimize their tax liabilities. One option that is gaining popularity among investors is the Saint Lucia Citizenship By Investment Program. In this article, we'll explore how this program can benefit cryptocurrency investors looking for a tax haven country. Saint Lucia is a sovereign island country located in the Caribbean Sea. Its Citizenship By Investment Program (CIP) was established in 2015, allowing investors to obtain a second passport by making a qualifying investment in the country. Saint Lucia's CIP has become a popular choice for high-net-worth individuals and entrepreneurs seeking a safe haven to protect their assets and minimize their tax liabilities. Saint Lucia's second passport permits travel to 145+ global countries visa-free, including the United Kingdom, Singapore, Hong Kong, as well as the European Union countries. The Saint Lucia pass...
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A Key Trend in the Price of Bitcoin is Emerging, and BTC May Soon Reach $18,000

The price of bitcoin increased momentum to cross $17,000 once more. BTC is on the rise and could continue climbing toward the $18,000 barrier level.

Over the resistance levels of $17,200 and $17,000, Bitcoin began a new uptrend. Additionally, the price is trading above the 100 hourly simple moving average as well as $16,800. On the hourly chart of the BTC/USD pair, there was a break over a significant bearish trend line with resistance close to $17,000. The $17,650 resistance level or possibly $18,000 appear to be targeted for the pair.

After a downward correction, the price of bitcoin found support around the $16,800 region. BTC continued to be well-bid and began a new uptrend over the $17,000 barrier region.

Even more so, it crossed the $17,150 mark and ended up above the 100-hour SMA. Price increased over the 76.4% Fibonacci retracement level of the decline from the swing high of $17,315 to the swing low of $16,784. On the hourly chart of the BTC/USD pair, there was also a break over a significant bearish trend line with resistance close to $17,000.
Ahead of $16,800 and the 100 hourly simple moving average, the price of one bitcoin is currently trading. It is currently selling for about $17,250. Near the $17,350 mark, there is immediate resistance on the upside.
The first significant barrier is located at the $17,450 region, above which the price might begin another gradual rise. The price may increase toward the $17,650 resistance in the scenario given. It is very close to the 1.618 Fib extension level of the downward movement from the swing high of $17,315 to the swing low of $16,784.

The price may try to advance into the $18,500 region in the near future if it crosses over the next significant resistance near $18,000. Near the $17,000 region and the 100 hourly simple moving average is the next significant support. If the price falls below the $17,000 support level, a move toward $16,750 may be necessary. In the near future, any additional losses might need a test of the crucial $16,500 support region.

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