Bitcoin

Elon Musk twiitit Bitcoinista: sulkeutuminen toiseen twiittiin tammikuusta?

Bitcoinista on tullut osa valtavirran mediaa. Vaikka on voinut olla outoa twiittata ja keskustella bitcoinista muutama vuosi sitten, viimeisten kuukausien aikana näimme kasvavan määrän joitain vaikutusvaltaisimmista luvuista ja yritykset puhuvat siitä.

Elon Musk on veteraani Bitcoin-kommentaattori , ja hänen tiedetään myös kommentoivan joitain muita kryptovaluuttoja, vaikka on kulunut jonkin aikaa siitä, kun hän viimeksi twiitti jotain BTC: stä.

Tänään, rauhallisen viikonlopun huipulla, Musk twiitti seuraavat:

Välittömästi twiittinsä jälkeen bitcoinin hinta nousi melkein 200 dollarista 23 800 dollariin, mikä oli entinen kaikkien aikojen korkein torstaina.

Kaksikymmentä minuuttia myöhemmin, ja Musk twiitti vastauksen alkuperäiseen twiittinsä sanoen, että hän „Vitsit vain, kuka tarvitsee joka tapauksessa turvallisen sanan !?“

Tammikuussa Bitcoin ei ollut hänen turvallinen sanansa

Muskin twiitit tunnetaan epämääräisyydestään, olipa hän sitten twiitannut liian kalliista TSLA-osakkeista, Dogecoinista tai SpaceX: stä.

Nykyinen twiitti liittyy kuitenkin jotenkin hänen edelliseen, kun hän puhui myös ensisijaisesta kryptovaluutasta.

Kymmenen päivää kuluvaan vuoteen 2020 mennessä Musk twiitti, että „Bitcoin ei ole minun turvallinen sanani“. Jos olisit huomannut päivämäärän tänään, se on täsmälleen kymmenen päivää ennen vuoden 2020 loppua. Tammikuussa bitcoin kävi kauppaa noin 8 000 dollarilla. Toisen twiittinsä kirjoittamisen jälkeen bitcoin käy kauppaa 23800 dollaria päivässä sen jälkeen kun se on asettanut kaikkien aikojen korkean tason 24200 dollaria.

Kuten aina, hänen twiittinsä jättää noin 40 miljoonaa Twitter-seuraajaa esittämään kysymyksiä, ja epäilemättä Bitcoinin voitto olla jälleen kerran niin valtavan yleisön edessä.

On myös mielenkiintoista nähdä, mihin hinnat täältä tulevat ja jos kryptovaluutta menee toisen vaikuttavan jalan läpi.

O MERCADO DE BITCOIN ESTÁ EM FASE DE BOLHA, DIZ ECONOMISTA DO CNBC

  • O bitcoin continua a subir mais de 100% nas últimas seis semanas, apesar da correcção em curso.
  • Muitos pensam que o BTC irá continuar mais alto nas próximas semanas.
  • No entanto, um economista de mercado está em baixa na Bitcoin.
  • Ele diz que a moeda criptográfica é provavelmente extremamente sobrevalorizada nas avaliações actuais, argumentando que poderia ser a maior bolha nos mercados neste momento.

BITCOIN PROVAVELMENTE EM FASE DE BOLHA, ARGUMENTA O CONVIDADO DO CNBC

Mesmo após uma correcção de $34.000 para $32.500, o Bitcoin continua a subir mais de 100% nas últimas seis semanas. A moeda criptográfica negociada a novos máximos de sempre na sexta-feira, enquanto o capital institucional continuava a fluir para o BTC.

Muitos no espaço acreditam que este rally se baseia em fortes tendências fundamentais, tais como a desvalorização do dólar dos EUA. Também tem havido uma grande quantidade de Bitcoin acumulada tanto por agentes retalhistas como institucionais.

No entanto, nem todos estão convencidos de que o mercado vai continuar a disparar mais alto.

David Rosenberg, o economista chefe da Rosenberg Research, comentou recentemente que pensa que os mercados globais estão em excesso. No mercado de acções, saltando Bitcoin por agora, afirmou o investidor:

„Com base no nosso trabalho de avaliação [bolsista], estamos entre 20% a 30% sobrevalorizados com base num conjunto de métricas diferentes“.

Ele fez eco deste sentimento de baixa para a Bitcoin, argumentando que pode ser a maior sobreavaliação/bolha nos mercados actuais.

„O movimento parabólico em bitcoin num período de tempo tão curto, eu diria que para qualquer segurança, é altamente anormal“.

Apesar do seu cepticismo em relação ao Bitcoin, ele disse que continua a ser um touro de ouro. Ele observou que o metal precioso tem cerca de 20% da volatilidade que o Bitcoin tem e pode torná-lo um bem mais seguro como resultado.

MUITOS PEDEM PARA DISCORDAR

Embora haja uma série de outros economistas que pensam que Bitcoin está sobre-comprado, a trajectória geral do BTC permanece alta de acordo com os proeminentes investidores de Wall Street.

Embora não seja inteiramente representativa da actual acção de preços, o Grayscale’s Bitcoin Trust acrescentou mais de 12.000 BTC no dia 22 de Dezembro.

Há também notícias que indicam que fundos proeminentes de Wall Street continuaram a desviar capital para Bitcoin.

No final de Dezembro, a MicroStrategy confirmou que tinha adquirido cerca de 650 milhões de dólares de BTC do mercado aberto. Essa compra aumentou agora em mais de cerca de 300 milhões de dólares, complementando as suas actuais participações na principal divisa criptográfica.

Esta mudança não foi totalmente inesperada.

Travis Kling, o fundador da Ikigai, comentou a acção de preços da Bitcoin no dia 26 de Dezembro:

„Está a tornar-se rapidamente claro que o comércio da dor em #Bitcoin é muito mais elevado. É evidente que as instituições estão a chegar c/ grandes cheques. Grande parte desse capital ainda tem de „passar por docs“ e „comité de investimento“. Eles pensaram em comprar 20 mil dólares. Terão sorte em comprar 30 dólares“.

No entanto, se esta acção de aumento de preços continua ou não, por enquanto, ainda não se sabe.

 

5 original gifts for a successful crypto-Christmas

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With Christmas just around the corner, the „what’s bitcoigne“ season will soon be open. For this occasion, we have selected 5 cryptos gifts that might please your loved ones, whether they are novices or initiated.

Bitcoin Metamorphoses
We open the ball with the timeless „Bitcoin Metamorphoses“. Released in 2018, this book is still relevant today. It retraces the evolution of Bitcoin as well as the value propositions that the protocol brings.

An ideal gift for your uncle relou, the one who, year after year, never stops talking about Bitcoin without knowing anything about it. At least next year, he will know a minimum of what it’s all about.

 

Price : 19 €.

Unicorn Wear
We all have this friend who never stops talking about crypto. If you don’t see which one it is, maybe it’s because it’s you.

What better way to spend Christmas than to give him textiles in the colours of his favourite crypto (of course, Bitcoin) with Unicorn Wear. T-shirt or cap, the choice is yours!

 

Price: from €29

Digital art (NFT)
The NFTs (Non-Fungible Tokens) have been the talk of the town this year. Even if it is not said that you can buy works for $101,000, digital works are still a great gift for crypto enthusiasts.

 

You may find the work of your dreams on the SuperRare, Rarible or MakersPlace platforms.

Price: from €20

Ledger Nano X
You gave precious BTC to your grandmother last year, but not sure she remembers her private key.

Christmas might be the perfect time to buy her a Nano X Ledger and make sure she never loses her cryptos!

 

Of course, if she doesn’t have a smartphone, the Ledger Nano S will do just as well.

Nano X Ledger
Price: 119 €.

From crypto-cash
The envelope with a 20 euro note for Christmas is so 2008. It’s 2020, and we’ll have to catch up. For that, nothing better than offering cryptomonnages.

A few bitcoins or ethers will delight the hearts of those who receive them. Whether it’s your crypto-skeptical uncle or your little cousin to whom you promise (without really knowing) that it will make him rich, the whole family will appreciate a few precious satoshis.

 

For that, it’s up to you, because the choice in France is consequent: whether it’s with the historical Digycode or with the bitcoin savings expert StackinSat, you’re bound to find what you’re looking for!

That’s it! You are ready for Christmas. Now you can spoil your loved ones with gifts that are 100% encrypted.

Bitcoin trzeci „najbardziej zatłoczony handel“ w sondażu przeprowadzonym wśród menedżerów funduszy globalnych

 

Zarządzający aktywami na całym świecie tracą zaufanie do dolara, zachęcając ich do poszukiwania dla swoich klientów inwestycji odpornych na inflację.

Bitcoin trzeci „najbardziej zatłoczony handel“ w sondażu przeprowadzonym wśród globalnych menedżerów funduszy
Aktualności

Nowe badanie przeprowadzone wśród globalnych menedżerów funduszy pokazuje, że Bitcoin wspiął się w rankingach „najbardziej zatłoczonego handlu“, pokonując tradycyjne inwestycje, takie jak złoto i obligacje.

Bitcoin znalazł się na trzecim miejscu na ogólnej liście opcji w tej kategorii, nazwanej przez 15% respondentów najbardziej zatłoczonym handlem. Tylko akcje techniczne (52%) i krótkie pozycje dolarowe (18%) uplasowały się wyżej.

Ankieta Global Fund Manager została przeprowadzona przez Bank of America Merrill Lynch w okresie od 4 do 10 grudnia i zadała 217 zarządzającym funduszami łącznie odpowiedzialnymi za aktywa o wartości 534 mld USD, serię pytań związanych z trendami w zachowaniach inwestorów.

Związane z tym pytanie dotyczyło tego, czy posiadali oni pozycje długie Bitcoin, na które 15% odpowiedziało twierdząco, czyli trzy razy więcej niż w zeszłym miesiącu 5%.

W roku, w którym drukowanie pieniędzy i bodźce wywołały obawy przed masową inflacją, trend odchodzenia od gotówki na rzecz aktywów niepowiązanych, takich jak Bitcoin, jest wyraźnie podkreślony przez wyniki badania.

Wielu menedżerów inwestycyjnych poważnie rozważa zakup Bitcoinów po raz pierwszy, zachęconych przykładem słynnych inwestycji dokonanych przez MicroStrategy, Square i Paula Tudora Jonesa. W ślad za tym, firma ubezpieczeniowa MassMutual i menedżer inwestycyjny Ruffer ujawnili masowe zakupy Bitcoinów również w ostatnim tygodniu.

Ankieta przeprowadzona przez Bank of America wykazała również, że po raz pierwszy od 2013 roku, po zakupie nieproporcjonalnie dużej ilości akcji, towarów i innych aktywów, w tym Bitcoinu, w ciągu ostatnich kilku miesięcy, zarządzający funduszami po raz pierwszy od 2013 r. mają niedowagę w gotówce.

Nie jest to pierwszy raz, kiedy Bitcoin pojawił się w miesięcznym sondażu Bank of America. W grudniu 2017 roku, Bitcoin znalazł się na czele listy najbardziej zatłoczonych transakcji, z 32% respondentów określających Bitcoin jako „najbardziej zatłoczony handel“.

Bitcoin został wymieniony po raz pierwszy we wrześniu 2017 roku w edycji badania, w której otrzymał 26% głosów na „najbardziej zatłoczony handel“.

18 sierpnia 2020, Bitcoin po raz pierwszy prześcignął Bank of America w wielkości limitu rynkowego. Bitcoin przewyższa teraz Bank of America w tej metryce o 45%.

Crypto Space traff hardt! Er det ‚Buy at the Dip‘ øyeblikket for BTC, XRP og XVG?

Høydepunkter

  • Bitcoin gled nesten $ 2000 fra dagens høyder til $ 19 492 for å berøre under $ 17 300
  • XRP-prisen var også vitne til en bemerkelsesverdig dukkert fra de årlige toppene på $ 0,78 til $ 0,52
  • De andre myntene møter også et lignende utfall, og gir derfor enda en mulighet til å ‚kjøpe på dukkert‘ i dette okseløpet

Kryptomarkedet blødde rødt siden de siste par timene som førte til en drastisk dukkert for Bitcoin-prisen og også for de andre eiendelene. Ethereum-prisen gikk også for lavt og nesten berørt $ 500.

Derfor ser det ut til at eiendelene i denne pågående oksekjøringen har kommet inn i en liten korreksjonsfase. Også å gi en mulighet til å ‚kjøpe på dip‘ før BTC-prisen, XRP-prisen og XVG-prisen igjen stiger til månen.

Bitcoin (BTC) pris

Bitcoin-prisen kan ha kommet inn i en korreksjonsfase og dyppet nesten 5 prosent rett under $ 17.500. Men ifølge en kryptoanalytiker, Lark Davis, kommer det fortsatt flere dip.

I henhold til hans analyse forble RSI-indikatoren i overkjøpt posisjon, og trente mellom 75 til 85 i mer enn 30 timer. Dette er en av de lengste overkjøpte løpene for RSI som brøt med den siste krasj.

Han fortalte videre at på dette tidspunktet faller Bitcoin-prisen vanligvis med 20 prosent, og den bearish avviket er derfor fortsatt ikke over. Derfor kan det være et godt valg å samle flere Bitcoins i den pågående bullish trenden.

XRP-prisanalyse

Som Coinpedia rapporterte tidligere at XRP-prisen trender innenfor en stigende trekant og var i en avgjørende fase hvor et brudd eller en sammenbrudd var nært forestående. XRP-prisen brøt imidlertid trekanten og beveget seg litt oppover, men krasjet tungt videre.

Mange analytikere spår at det bearish draget kan ta XRP-prisen også nær $ 0,4. Men mange mener også at det er dip-øyeblikket å stable mer XRP ettersom prisen kan øke 1000 ganger de kommende dagene.

XRP-prisen falt 16,13 prosent for å berøre $ 0,5540 i løpet av komposisjonstiden. Hovedfokus er fortsatt at prisen fortsatt opprettholdes sterkt over $ 0,5, noe som indikerer en mulig korrigeringsfase i stedet for en dyp krasj.

Verge (XVG) Pris

XVG-prisen steg mer enn 50 prosent de siste 7 dagene, noe som økte prisen fra $ 0,005218 til $ 0,010413. Døgnåpent handelsvolum økte også over $ 35 millioner som kjøpte Verge i topp 100.

Da Bitcoin-prisen gikk inn i korreksjonsfasen, falt også XVG-prisen sammen med hovedaktiva. XVG nektet nesten 26,78 prosent for å berøre 0,006520 dollar på tidspunktet for komposisjonen. Verge-samfunnet er imidlertid fortsatt veldig bullish, og de tekniske indikatorene peker også mot et „kjøp“ -signal.

Samlet sett er hele kryptorommet malt rødt med den mest dominerende kryptobitcoin som går inn i en korrigeringsfase. Når korreksjonsfasen er fullført, forventes eiendelene å sprette tilbake med mer fart.

Crypto funds over Bitcoin’s bull run: This rally is much more sustainable than 2017

According to Pantera Capital, one of the largest funds in the crypto space, the recent rally was fueled by the influx of retail investors buying Bitcoin. According to their forecasts, PayPal users alone could soon acquire more Bitcoin than is being mined.

Not only is retail investor interest in Bitcoin growing, but billionaires and celebrities are also becoming interested in the cryptocurrency.

Bitcoin rally is being driven by retail investors: Pantera Capital

Bitcoin has seen a strong rally in the past few weeks, bringing the coin up to nearly $ 19,000. BTC is currently trading at $ 18,640 as the bulls attempt to determine which direction the market will head next.

According to Pantera Capital, one of the largest funds in the crypto space, the recent rally was fueled by the influx of retail investors buying Bitcoin Evolution software. Dan Morehead, the company’s Co-CIO, on the subject:

“The Bitcoin community is proud to have grown to 100 million users in twelve years. PayPal has 300 million active users. As we have argued – and will argue in more detail in our December investor letter – this rally is much more sustainable than 2017. One of the main differences is the ease of investing in Bitcoin now – via PayPal, Cash App, Robinhood, etc. “

As he mentions in the commentary, the increase in bitcoin Buying Activity drives by users of PayPal, Cash app, Robin Hood and other venues likely the buying pressure to:

“When PayPal went live, the volume started to explode. The increase in itBit volume implies that PayPal is already buying almost 70% of the new Bitcoin offering within four weeks of its launch. PayPal and Cash App already buy more than 100% of all newly issued Bitcoins. “

Morehead explains how a simple extrapolation of the volume to itBit (the exchange through which PayPal buys BTC) suggests that PayPal will soon be more buying pressure than the number of coins minted daily.

Billionaires are also buying BTC

Not only is retail investor interest in Bitcoin growing, so is interest from billionaires and celebrities.

Mexican billionaire ($ 13 billion net worth) Ricardo Salinas Pliego recently revealed that he had 10% of his liquid investments in Bitcoin :

“Dan, I love your newsletter (which I subscribe to). Here are some clarifications to my contribution: 10% of the „liquid portfolio“ in BTC … not of my net worth! “

A few months earlier, Paul Tudor Jones, a billionaire and Wall Street money manager, had also announced his investment in BTC:

“One thing that got my interest in this list of assets, and that could one day be brought to the fore by the GMI, is Bitcoin. To be honest, I am neither a moneybag nor a crypto fanatic. I’m not a millennial investing in cryptocurrency, which is very popular with this generation, but a baby boomer who wants to take advantage of the opportunities that arise while protecting my capital in an ever-changing environment. One way to accomplish this is to make sure I invest in the instruments that will be the first to respond to the massive increase in global money. And since Bitcoin has had positive returns in recent periods, a deeper dive into this instrument was warranted. „

Il miliardario di Wall Street scommette su BTC

Bitcoin è meglio dell’oro! – Il miliardario di Wall Street scommette su BTC

Bitcoin e lingotti d’oro sono più simili del previsto. Potete usarli per proteggere i vostri risparmi dall’inflazione. Nella foto si possono vedere lingotti d’oro e monete Bitcoin.

Bitcoin è meglio dell’oro? – Chiunque sia stato attivo nello spazio criptato per molto tempo risponderà a questa domanda con un sì. Gli intenditori della moneta cripta conoscono i vantaggi del Bitcoin System rispetto all’oro e probabilmente hanno pochi dubbi sul fatto che la BTC domini il metallo prezioso in termini di portabilità o divisibilità. Se si guarda il prezzo Bitcoin, si scopre anche che la performance dell’oro è notevolmente inferiore a quella dell’oro digitale.

Ora un altro veterano di Wall Street, Stanley Druckenmiller, ha riconosciuto questa narrazione e scommette su Bitcoin. Vediamo cosa ha da dire il miliardario in dettaglio.

Stanley Druckenmiller: un altro miliardario compra Bitcoin

Dopo grandi come Paul Tudor Jones, il miliardario e veterano di Wall Street Stanley Druckenmiller ha ora rilasciato dichiarazioni pubbliche anche su Bitcoin.

Druckenmiller ha rivelato in un’intervista alla CNBC di aver investito anche in Bitcoin. Proprio come Tudor Jones, è incredibilmente ribassista sul dollaro USA e sta quindi costruendo una posizione lunga con BTC.

Questo fatto da solo, ovvero una dichiarazione pubblica in TV, è un altro grande riconoscimento per Bitcoin. Sempre più grandi nomi del mondo finanziario classico vedono nell’asset digitale un investimento necessario e una buona aggiunta al loro portafoglio.

Bitcoin è in forte aumento di prezzo e può registrare guadagni di prezzo. L’immagine mostra una curva dei prezzi e un piano di risparmio Bitcoins.Bitcoin impilato: Si pone sempre più spesso la domanda su una buona strategia d’investimento per BTC. Con l’aiuto dell’Effetto della media dei costi si riduce al minimo il rischio, si dorme meglio e si trae profitto in modo sostenibile dallo sviluppo a lungo termine di Bitcoin e Co – non potrebbe essere più facile! Come funziona un piano di risparmio Bitcoin.

Se la scommessa dell’oro funziona, anche BTC funziona

Come accennato nella sezione precedente, la base del nostro articolo è la recente intervista tra Stanley Druckenmiller e Kelly Evans della CNBC.

Nell’intervista, Druckenmiller ha detto che sta scommettendo che la valuta criptata Bitcoin continuerà ad aumentare di prezzo nel prossimo futuro. Allo stesso tempo, ha ammesso di non credere ancora al 100% in BTC come riserva di valore, ma capisce perfettamente perché questo attributo è attribuito a Bitcoin. Tuttavia, ha dovuto riconoscere che la moneta cripta è particolarmente popolare con i Milleniali – e sono la generazione del futuro.

Druckenmiller dice anche di avere oro nel suo portafoglio oltre al Bitcoin, e che il metallo prezioso è ben al di sopra della sua posizione BTC.

Ad essere onesti: se la scommessa sull’oro funziona, la scommessa sul Bitcoin probabilmente funzionerà ancora meglio.

Inoltre, il gestore dell’hedge fund ha detto che aveva bisogno di un po‘ di tempo per capire Bitcoin.

Sono un po‘ come un dinosauro, ma ho scongelato e ho capito che il Bitcoin può essere una classe di beni estremamente attraente come negozio di valore.

Bitcoin ce l’ha fatta? – Paul Tudor Jones

Il fatto che un vero veterano di Wall Street come Druckenmiller stia prendendo pubblicamente posizione su Bitcoin è una vera pietra miliare, secondo Paul Tudor Jones e Anthony Pompliano.

Il fatto che Druckenmiller sia un manager di hedge fund molto rispettato, che metta in corto il dollaro USA e si riferisca a pro-Bitcoin è enormemente rialzista.

Microsoft employee sentenced to 9 years in prison: first Bitcoin tax evasion case in the USA

A former Microsoft employee was sentenced to 9 years in prison. According to the US attorney’s office, this is the „first Bitcoin Circuit review case that includes a tax aspect“.

A former Microsoft developer has been sentenced to nine years in prison for stealing over $ 10 million in „Currency Valuations“ (CSV) digital assets, including gift cards, from his former employer

Volodimir Kvaschuk, a 26-year-old Ukrainian national residing in Washington, used his employees‘ accounts and identities to steal and then sell the CSV. He made it appear that the other employees were responsible for the fraud.

Kwaschuk also used a Bitcoin ( BTC ) mixer to cover his tracks. He notified the US tax authorities, the IRS, that the $ 2.8 million worth of crypto gifts that went through his accounts were sent by a relative. The U.S. Department of Justice said:

„In the seven months that KWASCHUK was pursuing its illegal activities, around 2.8 million US dollars in Bitcoin were transferred to its bank and investment accounts. KWASCHUK then filed fake tax returns, claiming that the Bitcoin was a gift from a relative been.“

Kwaschuk worked at Microsoft from August 2016 until he was fired in June 2018

According to IRS special envoy Ryan Korner, the ruling is „the first Bitcoin case in the country to include a tax aspect“. Korner said this conviction demonstrates the increasing sophistication of the agency’s law enforcement division in identifying unreported transactions in cryptocurrencies:

„Simply put, today’s conviction proves that you cannot steal money over the Internet. You needn’t think that Bitcoin will hide your criminal behavior.“

Brian Moran of the US Attorney’s Office commented: „Stealing from your employer is bad enough, but stealing and blaming your coworkers is even greater damage that cannot be quantified in dollars and cents.“

Kvashuk was found guilty on 18 counts, including six money laundering cases and two false tax declarations. The Ukrainian used the stolen money to buy a lake house worth $ 1.6 million and a Tesla worth $ 160,000.

Tax evasion charges have been very effective against numerous criminals throughout US history. Prohibition- era gang boss Al Capone served seven years in prison from 1931 after being found guilty of tax evasion.

Top traders say Bitcoin’s logarithmic chart points to a bullish cycle similar to that of late 2017

As the price of Bitcoin rises to a new yearly high, major traders say that the monthly and logarithmic charts indicate that BTC is entering a new bullish trend.

Peter Brandt, a highly respected veteran trader, recently emphasized that the high demand from institutions is a key catalyst for Bitcoin’s strong performance.
1 month chart of the BTC/USD pair. Source: TradingView

BTC’s solid technical structure in the longer time frames, especially the weekly chart, and strengthened fundamentals are driving current market sentiment. In a tweet, Brandt posted the above chart and said

„Bitcoin, if current gains hold through the end of October, is poised for the second highest monthly close in its history. The $BTC institutions are increasingly involved in having Bitcoin. The institutions record the value of their assets on a monthly basis.

In addition to the increase in trading volume and the growing institutional appetite, investors are referring to the logarithmic graph to forecast a broader rebound.

Raoul Pal focuses on Bitcoin’s log chart

The logarithmic price chart is the most widely used scale by most technical analysts. A logarithmic chart simply means a chart that represents common percentage changes with the same spacing on a scale.

The „Blockchain“ technology is expanded with an alliance of Exponentia and Blockchain Work Labs

Raoul Pal, founder and CEO of Real Vision Group, says Bitcoin’s monthly log chart is very optimistic. He wrote:

„It’s a bitcoin day. The monthly logarithmic graph with regression lines is really something worth seeing. One of the most beautiful and powerful chart patterns I’ve ever seen.

The technical reason behind the optimism of the monthly logarithmic chart is mainly its clean break. Over the past four years, the USD 13,000 has acted as a strong resistance level.
As such, in longer time frame charts, such as the weekly and monthly chart, Bitcoin always closed below $11,000, except in 2020.

Bitcoin is officially larger than PayPal by market cap

Bitcoin’s clean technical break in the monthly time frame is leading traders and investors like Brandt and Pal to make big upward predictions about Bitcoin’s price action. As Pal said, „If history rhymes, 2021 is going to be a BIG year.

The fourth quarter can close on a good note

Apart from the numerous technical catalysts and bullish fundamentals, the timing of the current movement is also in favor of a significant Bitcoin upward cycle.
Quarterly Bitcoin yields in percent.

According to Skew’s data, Bitcoin has not had three consecutive positive quarters since 2017. During that year, Bitcoin reached an all-time high of $20,000 after the second halving of the 2016 mined block reward.

Bitpanda and Raiffeisen Bank International Partner for Banking Sector Blockchain Interoperability

Bitcoin could be on track to experience a big jump in Q4 if it stays above $12,000. If so, that could lead to the same upward cycle pattern seen in 2017. Next year would also see the same cycle after the halving that Bitcoin experienced in 2017, further reinforcing the theory of a new upward cycle.

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Get experience: Demo accounts work like a trading simulator in that you are provided with demonstration funds or simulations to perform a trade.

This way, you can navigate the trading platform and see how the trading process works without risking any real money. First familiarize yourself with the basic processes such as opening and closing a position, applying stops or limits and learning about margin requirements. All of this is done simply by using demo funds.

Practice trading without risk: Although demo accounts are executed with demo funds, they use the same real-time market data that real accounts use for real trading. After learning the basics, you can practice trading real instruments like Bitcoin Rush scam and see how the market moves and verify your positions.

Learn the charting and trading tools – it’s important that traders use the necessary tools that can help them make sound trading decisions.

With a demo account, traders can take their time to learn the tools and charting mechanics of a platform even before making a deposit.

Final Comments

Test trading strategies: a demo account is the perfect tool for beginners and experienced traders to devise risk-free trading strategies.

You can easily test your trading ideas in real market conditions and see if they work as the market develops. Therefore, you can hone your trading skills and decision making to end up with profitable trades in the future.