Investment
BTC What To Expect In The Next 10 YearsGiven the fact that BTC has almost finished (if not already) its bull run for this cycle, i've made a my humble prediction of what to expect from the price long term.... The cycles could happen faster or slower, no one can predict such things. The point i am trying to make here is that we shouldn't expect to much from it. Expectations that it will go above 200k in this cycle are absurd and i don't want retail investors to get racked by thinking that. BTC investment is for a long term and not to just make a quick buck from it. By the year 2030-35 we could definitely see prices above 500k per BTC, maybe close to a million, who knows. Prices will became more stable and that is one of the thinks why institutional money is waiting for.
If you are thinking of investing in it, now it is simply not the right time. Mainstream media will always try to lure you to invest at the top and sell at the bottom with one scary news. Some thinks never change in this market and that is one of those thinks. Be well.
I am not a financial advisor, so non of this should be taken as a financial advise. I could be very wrong about all of this, even though i am in this space for a while now.
BITSTAMP:BTCUSD
ETHUSDTETH is the futuristic of bitcoin, if this is going vise verses it going probably going to trade 35k, the momentum as been incredible base on the recent performance of the market, ETH' total market cap is still on the sideway'' The runners could eventually breakout after testing 5k in advance.
HARBOUR: bringing your profits to shoreHarbour has consolidated for the past 3 months and has finally showed signs of the start of a new bull wave.
The EMA18 line has crossed above the EMA42 line just recently and the price has sustained above it for over a week.
A MACD Golden cross has formed above the zero line, indicating a bullish upmove.
The volume over the past 7 trading days depict the strong control the buyers have over the price of the stock. Suggesting a bullish sentiment where demand outstrips supply.
Key levels to watch for are R1 = 0.950, R2 = 1.00; S1 = 0.900, S2 = 0.865
My TA indicators are pointing towards a breakout from the resistances very soon and for harbour to bring your profits to shore.
The final decision to buy/sell is your own decision.
-FairTrades
Ethereum $ETHUSD PT 5,000-5,200 and higherEther is excelling while the bitcoin sideshow is barely making gains. BNB breaks out on DeFi, going past $100 billion in market capitalization Monday.
Ether (ETH) trading around $3,290 as of 21:00 UTC (4 p.m. ET). Gaining 10.7% over the previous 24 hours.
Ether’s 24-hour range: $2,941-$3,300 (CoinDesk 20)
Ether well above the 10-hour and the 50-hour moving averages on the hourly chart, a bullish signal for market technicians.
Ether was trading around $3,290 as of 21:00 UTC (4:00 p.m. ET), gaining more than 10% over the prior 24 hours. The second-largest cryptocurrency by market capitalization is the crypto story for Monday because the asset hit a fresh record high of $3,300 around 18:15 UTC (2:15 p.m. ET), according to CoinGecko.
“Ether has accelerated to new highs, reaching the targeted level of ~$3,000 from its April breakout far sooner than indicated,” noted technical analyst Katie Stockton, in Fairlead Strategies’ Monday market update. “It is not wise to fight momentum, so we are reassuming a bullish near-term bias, somewhat reluctantly.”
Momentum, in the form of ether spot exchange volume, is clearly high. Ether volume tallied $35 billion Sunday, with bitcoin just a bit higher at $39 billion. Together, the two assets changed over $74 billion in value Sunday – and that’s on a weekend day. Traders will be eyeing volume for the rest of the business week to see where the price settles, particularly with ether continually hitting fresh levels on the spot market.
Meanwhile, over $20 billion in locked value inside decentralized finance, or DeFi, has been gained in the last month, according to data aggregator DeFi Pulse. The value of ether, combined with traders looking for yield that exists for parking crypto in DeFi, is a fundamentally bullish sign for the Ethereum network overall.
“ETH has been powering for the past two years on the booming DeFi industry with a total value locked above $70 billion,” noted Elie Le Rest, partner at quantitative trading fund ExoAlpha. Le Rest also mentioned to CoinDesk the ambitious ecosystem upgrade Ethereum 2.0 as part of the catalyst for traders to punch buy on ETH. “Despite the high fees experienced by the Ethereum network, the market is starting to reflect the anticipated growth of ETH 2.0 into the price of ETH.”
The ether futures market is hitting brand-new levels not seen before, pushing open interest up to $8.8 billion and topping the previous record of $8.4 billion reached April 15, according to analytics provider Skew.
“I bet the launch of ETH futures has increased the comfort level of the massive asset managers that have sent U.S. stock market capitalization north of 200% of GDP and global bond yields negative,” said George Clayton, managing partner at investment firm Cryptanalysis Capital. ”I think ETH is acting like an institutional platform.”
Cresco Labs investment Idea Fundamental side of the idea:
For the full year of 2020, Cresco saw a whopping 271% year-over-year increase in revenue to $476 million. The company's retail revenue for the year grew to $202 million, up 316% year over year. Much of the credit goes to its Sunnyside retail platform, which, according to the management, generated average revenue per store of $3.6 million. Cresco has 10 Sunnyside stores in the new emerging cannabis market of Illinois. ) Its fourth-quarter (ended Dec. 31, 2020) revenue also jumped a massive 292% year over year to $162.3 million.
Another quarter of positive adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) net of biological assets of $50 million is an impressive jump from $2.8 million in the year-ago quarter. It also reflects how well the company has been handling its operating expenses. Cresco's 2020 was a reflection of what's to come in the next few years, according to the management.
Technical side of the idea:
Since the price has hit an all time high(22CAD), it has been decreasing / and retraced to 0,61 Fibu level. As long as the price is Rebounding exactly on 0,61 Multiple times we should consider that there is a big Possibility for the Price to Move higher. I am expecting that the price will continue to increase to 80USD in the next two years, after breaking the 1,61 Fibu level ( which is going to be the new resistance ).
If you have Questions, you can Always Contact me !
Best Regards.
S.Sadki
DOT NEEDS A SHOT IN THE ARM AND OSPREY FUNDS INTENDS TO DELIVERStiff resistance for dot is ahead, with MAs lined up ominously and the weekly resistance zone around 40. However, RSI has bounced back from an oversold state, and MACD is beckoning a promising future with the cross it is showcasing.
All the above-mentioned aside, Osprey Funds is going to roll out an investment trust, the news article of which will be available in the comments section.
I see a bright future for this great coin if you have patience in your blood!
Deutche Banks Desending Trend endingas you can realize in the price chart, it seems the Deutsche bank descending trend apparently coming to the end.
I think the German government will take care of them and it is going to power up again.
look for a price stabilization price action to invest in it for a 3-5 year investment.
$OBLN PT 14Obalon Therapeutics, Inc., a vertically integrated medical device company, focuses on developing and commercializing medical devices to treat people with obesity. The company offers the Obalon Balloon System designed to provide weight loss in patients with obesity. Its Obalon Balloon System comprises of a swallowable capsule that contains an inflatable balloon attached to a microcatheter; the Obalon Navigation System console, which is a combination of hardware and software used to track and display the location of the balloon during placement; the Obalon Touch Inflation Dispenser, which is a semi-automated, hand-held inflation device used to inflate the balloon once it is placed; and a disposable canister filled with mixture of gas. Obalon Therapeutics, Inc. was incorporated in 2008 and is headquartered in Carlsbad, California.