Bitcoin grows in bulish sentiment, leaving liquidity up for grab
Eyes on these key levels going into mid Feb.. Ideally looking for some sort of Wyckoff phase to form before we see next major bullish moves..
On the other hand technically bitcoin still in a bearish trend and this should be seen as a retracement of the bearish leg finding more liquidity for the next leg down.
As gold increases in value and us dollar decrease in value, this seems healthy for bitcoins value.. On the road for institutional investors to make use of bitcoin either as a hedge or as a speculative asset which it should be due to its centralization.. couple of weeks ago the Fed released reports on regulations for a digital currency linked directly with the FED canceling out the middlemen which are the banks.. seems like they want as much control as possible over the circulating supply for cash they are creating..
Other than the monetary aspects of crypto becoming an asset that holds value this year we will see the growth of decentralized autonomous organizations which will change the face of many businesses. Another influential factor of market cap increasing will be linked with gaming and NFT, as businesses take interest in having more control over ownership online.
If we see companies like Apple introduce POS systems involving crypto this will be the beginning of the revolution of crypto becoming a store of value. and on thre gaming side we need to see organizations like Activision be more involved in creating suvch things as the metaverse which majority of peple are thinking will have roaming facilities in a different onine world.. but or this to come into play organizations which have spent millions of game development like GTA, COD, Roblox, Sims and similar could get involved and this news itself will cause a huge influx in new investments into crypto currency projects and cryptos themself.
Eyes on updates for new entries with low risk high reward
we got in at 88.6% fo new entries which have stop losses at break even on leveraged positions > long term holders stacking more positions as well..partial profits have been taken on leveraged positions and am now looking for pullbacks at key levels of demand for new entries..
Eth will follow this same structure, eyes out for ETH chart work
On the other hand technically bitcoin still in a bearish trend and this should be seen as a retracement of the bearish leg finding more liquidity for the next leg down.
As gold increases in value and us dollar decrease in value, this seems healthy for bitcoins value.. On the road for institutional investors to make use of bitcoin either as a hedge or as a speculative asset which it should be due to its centralization.. couple of weeks ago the Fed released reports on regulations for a digital currency linked directly with the FED canceling out the middlemen which are the banks.. seems like they want as much control as possible over the circulating supply for cash they are creating..
Other than the monetary aspects of crypto becoming an asset that holds value this year we will see the growth of decentralized autonomous organizations which will change the face of many businesses. Another influential factor of market cap increasing will be linked with gaming and NFT, as businesses take interest in having more control over ownership online.
If we see companies like Apple introduce POS systems involving crypto this will be the beginning of the revolution of crypto becoming a store of value. and on thre gaming side we need to see organizations like Activision be more involved in creating suvch things as the metaverse which majority of peple are thinking will have roaming facilities in a different onine world.. but or this to come into play organizations which have spent millions of game development like GTA, COD, Roblox, Sims and similar could get involved and this news itself will cause a huge influx in new investments into crypto currency projects and cryptos themself.
Eyes on updates for new entries with low risk high reward
we got in at 88.6% fo new entries which have stop losses at break even on leveraged positions > long term holders stacking more positions as well..partial profits have been taken on leveraged positions and am now looking for pullbacks at key levels of demand for new entries..
Eth will follow this same structure, eyes out for ETH chart work
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