Bitcoin overbought pullback, possible bounce back ?Bitcoin got overbought after the last big pump to the upside, but as always it has to cool off and wait for the strenght of the support. I belive that we might find some support to the 41.5k $ zone which it was act as a previews supports and resistance price. In order to have a good bull run we need to brake the 46k $ range where we face the strongest resistance to the upside for now. We wait and we expect for the next price.
have a safe trading and always remember that Long term investments pay better!
@CryptoDrou
Investment
$DASH Target PT 255 and higher$DASH is going public with its robotics division
DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. It operates DoorDash marketplace, which provides an array of services that enable merchants to solve mission-critical challenges, such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support; and offers DoorDash Drive, a white-label logistics service; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. DoorDash, Inc. was incorporated in 2013 and is headquartered in San Francisco, California.
no World War 3 - better be long MOEXhi fellow traders,
since very long time that such a simple theme popped on my radar and it is so easy to lay down the reasoning.
all is based on a single geo-political fact, war world 3 to happen or not, if happens I assume that all stock markets will free fall, crash, and get demolished. including MOEX.
if world war 3 will not start, we have the MOEX as attractive long for the following reasons:
1- commodities rally of recent months to serve MOEX and the Russian Ruble very well, they are going to cash the commodities rush.
2- the Russian Ruble is heavily oversold, its handling by the Russian central bank is very healthy and offers great nominal carry reward, MOEX is quoted in Rubles.
3- if we get off the headlines of the "news" institutions/organizations, Russia is definitely a young tiger wishing to turn into a great tiger.
remember, central bank with positive real yields is strong signal for very healthy macro policy running the economy.
in case you are interested, I have list of specific listed companies that are on my buy and hold list, the investment theme includes calculation made for future dividends and in general it is a theme for the next 3-10 years with clear targets for scale-out / scale-in activities during the journey every 8/21 weeks cycle depends on each specific listed stock within the theme. for that you need to contact me directly.
so, risk is world war 3 and reward is best available investment in a currency and stock index directly exposed to commodities bull/boom/flight cycle.
the ideas are mine, the decision is yours!
good luck
Bitcoin Price Analysis Bitcoin underwent some volatile days over the past week, facing its first geopolitical severe conflict throughout its relatively short lifetime.
The macro fear has yet to cool down, but judging by the last few days, bitcoin surprised the investor with a huge bounce back from $34K. This buying pressure was from FTX and Bitfinex exchanges and pushed the price to $40K, in correlation with Wall Street’s Thursday reversal (Nasdaq saw a 7% intraday surge).
The uncertainty and fear in the market on one side and the positive momentum in the price action on the other side are constructing a trading range between $34K and $40K.
Ukraine Bitcoin exchange volume spikes 200% as Russia war sparksKuna, a long-running native crypto exchange, sees a swift change in client activity amid currency controls and the hryvnia at all-time lows.
As the armed conflict with Russia began, the impact on the fiat currencies of both countries was immediately apparent.
While the Russian ruble suffered noticeably more, the Ukrainian hryvnia also fell, targeting 30 per dollar in what would be a new all-time low.
Ukraine, which just this month finally ratified a law legalizing cryptocurrency after much to-and-fro between lawmakers, unsurprisingly saw interest in alternatives snap higher.
The effect was obvious at seven-year-old Kuna, whose volumes were under $1 million on Feb. 21 but almost $4.1 million three days later.
LTC Originates $25 MillionThe mezzanine loan has a term of five years and two months, with two one-year extension options. It bears interest at 8%, with an IRR of 11%.
Located in Oregon and Montana, the five communities, which include independent living, assisted‑living and memory care, and total 621 units, will be managed by The Springs Living, LLC, an operator new to LTC.
“Closing this solid investment within the first seven weeks of 2022 after a very productive 2021 fourth quarter, demonstrates that LTC is successfully executing its strategy to produce growth for our shareholders,” said Wendy Simpson, LTC’s Chairman and CEO. “Our current focus on structured finance products has served us well, as we’ve been able to participate in financing premier communities, such as those underlying this most recent investment, and build relationships with strong, regional operators with whom we might not otherwise be able to generate business. We will continue to identify a wide array of investment opportunities by providing creative, flexible financing solutions to the right operators, for the right properties at the right time.”
Gold Up 7%, Bitcoin Down 25%The decline has challenged earlier notions of Bitcoin being a viable gold alternative, considering its decentralized nature and general detachment from the broader financial space. These aspects of the currency were widely lauded during Bitcoin’s stellar rally last year, where it surged to nearly $70,000.
But while the rally was indeed steep, a large portion of it was backed by institutional interest in the token. The influx of big investment houses has seen Bitcoin behave more like conventional markets, specifically, stocks.
Losses in Bitcoin this year have mirrored those in the tech-heavy Nasdaq index, which is down about 22%.
Gold the preferred inflation hedge?
Fears of rising inflation had also seen markets tout Bitcoin as a potential inflation hedge, ie, returns on the currency would be consistently above annual inflation rates.
But with the token trading down for the year, such a notion seems rendered moot. Gold on the other hand, is trading close to the level of annual inflation in the U.S.- which had surged by 7.5% in January. The reading had rattled crypto markets earlier in February, while supporting gold.
Bitcoin’s recent sensitivity to inflation also makes it averse to rising interest rates. A bulk of the token’s decline this year has been driven by hawkish signals from the Federal Reserve, which has planned a rate hike in March.
#GALAUSDT 8H Chart
After testing the 4h supply at $0.36, price ranged in a downtrend and broke below the first 4h demand at $0.26 which makes it a breaker zone and is currently filling the imbalance at around $0.22. MACD is still bearish, RSI is sold and EMAs are also turning bearish. We could still see some bearish movements towards the major daily demand zone at $0.14 before a bullish reversal as we have huge liquidity resting above that level which tells us that the 3h demand at $0.2 will most probably not hold. We shall wait for confirmation once price taps into that area of demand.
MANAUSDT - Long - 1W💡💡#INVEST 💡💡
MANA / USDT
▶️ Buy in three block
1.35 - 1.85 (40%)
0.822 - 1.02 (30%)
0.43 - 0.62 (30%)
🔴 SLT - 1W (Trigger)
The implementation period of the idea is 3-12 months. These are very strong blocks. They are on the 1W and 1M timeframe. I think we will buy and sell on these blocks several times. I expect there to be a strong battle for the price.
#MANAUSDT_INVEST_141221
Follow up on QSP viewHi there, in my previous post I briefly talked about how valuable this project and why I have invested in it.
""Please note: The wave timeline is an illustration and doesn't indicate the real time approximation""
This is simply an idea that is becoming more clearer with time and I am so far optimistic toward where this token value is headed in 2022.
Simply as long as the current wave does not break below 0.0211$ which was the recent bottom, then I believe the price from here on is marching up steadily.
For those who are new or not familiar with this project I would really advice you to do your own research first.
I'm not a financial advisor nor recommending this project or any in that matter for purchasing.
But I can say this, do your research and see their official website and check their clients, learn their staking process and how their nodes operates. Why there are nodes and why its important to this project?
Many questions you can research and im sure you will be able then to make your own decision on whether to buy it or not.
LONG EURUSD Idea with first Target of 20 - 35 PipsWith our team we have prepaed a trading set up which has the potential of earning between 20 - 35 pips on EURUSD based on a long position. We are looking at the RSI plus support and resistence levels based on which we have the possibility of banking some profits.
MicroStrategy buys the dip by purchasing 660 Bitcoin for $25MMicroStrategy bought significantly less BTC in January than in previous months, according to official data.
Major Bitcoin (BTC) investor MicroStrategy has announced another major BTC purchase during a market dip to collect a total of 125,051 BTC as of Monday.
According to an official form with the United States Securities and Exchange Commission (SEC) filed on Tuesday, MicroStrategy purchased 660 BTC between December 30, 2021, and January 31, 2022, for “approximately $25 million” in cash.
The average BTC price of the purchase amounted to $37,865 per BTC, including fees and expenses, the report notes. As of Jan. 31, MicroStrategy held about $3.78 billion worth of BTC at the average purchase price of approximately $30,200 per BTC, inclusive of fees and expenses.
The latest report comes shortly after the SEC reportedly rejected MicroStrategy’s Bitcoin accounting practices, causing MicroStrategy shares to plummet in mid-January.
The SEC specifically objected to MicroStrategy reporting data related to BTC purchases based on non-Generally Accepted Accounting Principles (GAAP). The authority argued that MicroStrategy used non-GAAP methods of calculating figures for its BTC buys excluding the “impact of share-based compensation expense and impairment losses and gains on sale from intangible assets.”
The latest Bitcoin buy is apparently not that big compared to the most recent BTC purchases by MicroStrategy. In December 2021, MicroStrategy announced two major BTC purchases, buying 1,434 BTC from Nov. 29 to Dec. 9 at the average price of $57,477 per BTC and then purchasing 1,914 BTC from Dec. 9 to Dec. 29 at the average price of $49,229 per BTC.
Previously, the company had bought as much as 7,002 BTC from Oct. 1 to Nov. 29 at the average price of $59,187 per BTC.
Related: MicroStrategy CEO won’t sell $5B BTC stash despite crypto winter
Major Bitcoin investors including the government of El Salvador continued to investi in BTC amid a market downturn in January. On Jan. 21, El Salvador president Nayib Bukele announced that the Salvadoran state purchased 410 BTC for $15 million, placing the average price at approximately $36,585 per BTC.