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Crypto Market heading and why :So gm to all Crypto community ! since market been going down for couple days I faced a big group of people from followers and friends asking me " what's going to happen " ? here is a brief of what we can get from BTC chart: in couple cast I will explain what's going on in Crypto market right now ! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ First thing is my self made indicator and chart shadow! based on my indicator (2past long signal) and also chart shadow, we are expecting a fall of BTC price for now !! expected price will be 52k/50k in matter of couple days!(entry point) for you approval we can point to this pic and fact that price is going under chart shadow and also support line of 60k has been break ! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ next we have bank strategy ! usually every trend contains bullish market with 5 step and a bearish market with 3 step which every step of bank strategy will be divided to same 5 and 3 step again. it's mostly know as a Elliot waves. so right now we are either on the end of C bearish trend or start of it! based on market, my bet is on start, since price is still going down to face 50k support line. BUT DON'T WORRY! in big picture it means we are just in 2nd step of bullish market and it's almost done ! what is important is that 3rd trend of bullish market it's main one and soon it will be start, 3rd trend is what pushed price of BTC from 12k to 60k in 2020. and for those whom might be confused, here is predict! 1- 2nd step price will reach 52k/50k 2- 3rd step starts and price will sky rock to near 120k. 3- 4th and 5th trend will be here price will play in 100k area 4- finally market will be bearish let me know your idea about my analysis and keep it in mind always trade with your own risk and never put your money on some ones else predicts !
Long
by Rezaleroi
⭐️ Ready, Set, Grow! Navigating the #Bitcoin Halving and Beyond!As you know, there are only 2 days and 10 hours left until #Bitcoin_halving and many are waiting to see how much Bitcoin will grow/fall after the halving ! Of course, in my opinion, after a correction, we can wait for the next upward wave of Bitcoin, and when Bitcoin is corrected or neutral, we will probably witness a new alt season! For this purpose, we will soon start examining new cryptocurrencies so that we can follow the next upward trend of this market! Note that there is a possibility of price correction up to $53,000 and $41,000. If the price falls to these ranges, you can think about buying again! The next upward targets of Bitcoin are $77,000, $85,000 and $100,000 respectively!
Long
by ArmanShabanTrading
5
Bitcoin Road Map to 1 MillionBitcoin (₿) is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009 when its implementation was released as open-source software. :ch. 1 Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services, but the real-world value of the coins is extremely volatile. Research produced by the University of Cambridge estimated that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin. Bitcoin has been criticized for its use in illegal transactions, the large amount of electricity (and thus carbon footprint) used by mining, price volatility, and thefts from exchanges. Some economists and commentators have characterized it as a speculative bubble at various times. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin. The word bitcoin was defined in a white paper published on 31 October 2008. It is a compound of the words bit and coin. No uniform convention for bitcoin capitalization exists; some sources use Bitcoin, capitalized, to refer to the technology and network and bitcoin, lowercase, for the unit of account. The Wall Street Journal, The Chronicle of Higher Education, and the Oxford English Dictionary advocate the use of lowercase bitcoin in all cases.
INDEX:BTCUSDLong
by aGedzy
1