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Taproot

Bands Bands BandsThe Bollinger Bands said buy a few days ago. Not a trader, don't teach trading. This signal has been making gains both in the traditional markets as well as in Crypto. Using the red arrows AND volume as sell signals it also has protection for the downside. That said, Bitcoin is making huge headway regarding adoption & Taproot, brings smart contracts to The Blockchain. As of this writing Bitcoin has surpassed Visa in value transfer metrics. Bitcoin USES Visa as a bridge to evacuate dollars from the traditional finance system into the decentralized finance system. We're still early. Lots of people still have no idea what Bitcoin is or that they'll need it to beat inflation & global instability. Once the Plebs catch on that dollars rob them of their value, there will be an explosion of adoption & rapid rise in price.
COINBASE:BTCUSDLong
by CryptoQue
Bitcoin... next important soft fork update is comingHi everyone Bitcoin next soft fork upgrade will happen in next month so after the last soft fork SEGWIT update in 2017 this event can be so important for all Crypto markrt and in my opinion this event can even more importan than "bitcoin Halving event" or important enough for the Holders, Miners and all the Crypto communities. but what's the next soft fork update and how it can affect on the Crypto market in future. .............................................. Bitcoin soft fork is scheduled for block height 709632 which should happen somewhere in November 2021. Two proposals will be implemented, Taproot update and Schnorr signature update. >>>>>>>>>>>>>>><<<<<<<<<<<<<<<<<< What is a Bitcoin Taproot update? Taproot is a name for the next Bitcoin protocol update (soft fork). This will be one of the and most important and anticipated updates since the SegWit upgrade from 2017. What is Schnorr update? Bitcoin requires signatures to confirm the transaction. Currently, Bitcoin uses ECDSA, but this signature algorithm does not natively support muti-sig transactions. Schnorr's signature scheme can aggregate multiple signatures and output them as a single signature. This increases privacy and lowers transaction size and fees. ................................................. How this event can affect on the Crypto market? As you can see on the chart below after Bitcoin SEGWIT Update in july 2017 and Hard fork Bitcoin cash in August 2017 the market sarted a big rally and in five month hit New ATH and buying Climax happend in 18 December 2017 (this is just Fundamental outlook so we can not expect the same outcome and TA after soft fork event) ................................................. THE CONCLUSION SO even if this event won't affect on the market as the same happening in 2017 but it could be really important affection for the future of the Bitcoin and all the Crypto market. I will do Technical analysis and the affection of this event after new soft fork upgraded. I will put the WEB references of my research below so you can check them for more details and information. I also look forward for your opinion in comments and if you find this content positive and pleasant just push the like button and share your feedback about the affection of this event. ................................................. en.wikipedia.org www.nicehash.com
BNC:BLX
by bestfarbit74
6
BTC To $140K By Mid November!!!We closed the weekly candle above 54280 and that gave us the buy signal from weekly super trend indicator which has never been wrong historically! Combining that with Bitcoin Log Growth Curve & Fundamentals such as Taproot update date makes hitting $140K in mid November as a very possible cycle peak with same parabolic move style back in 2013/2014 double cycle. You know moonboys gonna shout for $500k by then, and whats gonna happen next! :) Anyway, Check My Previous Idea (Bears Last Stand!), thats the very tini tiny chance that bears still have to flip this around and put the price towards $25k region:
INDEX:BTCUSDLong
by 1ShinigamiRyuk
6
What Is The Bitcoin Taproot Upgrade?Bitcoin Core developers release first software with Taproot support. official release of Bitcoin Core 22.0, the 22nd major release of Bitcoin’s original software client launched by Satoshi Nakamoto almost 13 years ago. ( Nasdaq.com ) Seems Bitcoin after the update May reach next resistance level 53,000 $ , 58,000$ , Bitcoin should to trade above 43,718 $ to remain in the uptrend channel . Be carful and put your stop loss to secure your position. StocksCap.com
BITSTAMP:BTCUSD
by Stockscap