Btc-bitcoin
Bitcoin (BTC) • A structural look at the price OK Bitcoin is looking good.
In this video I talk through the fact price closed above monthly down-candle opens and so far trends remain healthy.
Quick glimpse through the books show some resistance at the 70k range as discussed in previous videos and that after recent moves at the date of this video liquidity from 67 to 62k is a lot a bit more flat at the moment. As described in the video maybe good idea to have some orders place at 63k range just in case they decide to flash crash this to wipeout some leverage out of the system.
Thoughts on BTC ATHFirst video of BTC. Got tired of typing out my thoughts, figured this is faster. Maybe a little disorganized and obviously not used to talking on video... hopefully that will improve with time :-P
TLDR: I think BTC will start to consolidate after making a new ATH. Not enough volume IMO to push price upwards. Potential for more upside if we hold key levels at 63 and 58k.
BTC perfect indicator Hello Guys. This video walks you through an indicator I created to time almost perfectly the market and generate accurate buy and sell signals for bear and bull markets.
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Top 10 Cryptocurrencies & Their Real World UsesIn this video we explain the real world use cases of each of the top 10 cryptocurrencies. A lot of focus in crypto is focused on the price and the volatility of each coin without many people necessary understanding what their purposes are.
Bitcoin (BTC)
Digital Gold, a store of wealth and protection against inflation… this is because there’s a limited supply of BTC (21 Million) that will ever be mined. It’s supply cannot be inflated like FIAT currencies (Dollar, Pound, Euro etc) can simply be printed.
Collateral in DeFi, in many DeFi (Decentralised Finance) Bitcoin is used as collateral for you to borrow against the value of in return for a cryptocurrency loan for example. We will explain DeFi in a little more detail later.
Banking the unbanked, in many struggling economies (El Salvador for example) Bitcoin is a useful way for communities to gain access to banking facilities. While in many of those regions economies are still largely cash-driven and people cannot afford to pay for transportation to visit banks for registration, the number of those who have access to or own mobile phones is increasing. Thus, using digital wallets to transfer Bitcoin independent of traditional banks may provide a viable alternative for people without a bank account to participate in finance and to create a store of value.
Ethereum (ETH)
Smart contracts, In essence, smart contracts are created to automatically execute and complete processes, such as a payment process, in digitised form. This is the key to Ethereum’s success and its core use case. It enables developers to create complex applications powered by Ethereum’s platform.
DeFi applications, The largest category of smart contracts on Ethereum’s platform is in the form of Decentralised Finance applications.
With DeFi, you can do most of the things that banks support — earn interest, borrow, lend, buy insurance, trade derivatives, trade assets, and more — but it’s faster and doesn’t require paperwork or a third party. As with crypto generally, DeFi is global, peer-to-peer (meaning directly between two people, not routed through a centralized system), and open to all.
NFTs, an emerging use case for Ethereum is in the form of payment for NFTs… you will find that most NFT’s prices are denominated in ETH. NFTs for anyone that isn’t aware are essentially digital art that its authenticity is confirmed in blockchain data.
Think of it as a version of the Twitter blue tick for limited edition digital art.
Cardano (ADA)
Store of Value & Smart Contracts - The Cardano coin can be used as a transfer of value in a similar way that cash is currently used. This is not very different from other cryptocurrencies such as Ethereum and Bitcoin, but ADA has other uses as well.
One of the core principles of Cardano is its PoS blockchain protocol where ADA is staked to the blockchain to successfully verify transactions on the blockchain. This is where Cardano crypto comes in handy. Those who stake their ADA to the blockchain are rewarded for their efforts with more Cardano crypto in return. This staking system helps maintain security throughout the blockchain.
There is also the use of ADA in voting. In Cardano, unlike other blockchain projects, it is not miners who vote and decide on changes to the protocol, it is token holders. Therefore, when a new change or development is proposed to the Cardano blockchain, Cardano crypto holders use their ADA to vote on these proposals. This way, everyone who owns the cryptocurrency has a say in its development.
ADA also can be used to power the smart contract platform on the Cardano blockchain. Developers utilise ADA to create smart contracts and applications that run on the secure, decentralised Cardano blockchain.
In the case of running smart contracts it is cheaper in transaction fees than Ethereum.
Tether (USDT)
Stablecoin - Backed by US dollars and value is pegged to always be at-or very close to £1 per 1 USDT
Transferring Crypto - Lots of people will use Tether as a middleman when transferring money from one cryptocurrency to another without paying the fees associated either between each crypto or back and forth into Fiat currencies.
Generating a Yield - Some tether users also simply hold their funds in Tether because it generates a higher yield or interest rate than their money would in a bank for example.
Binance Coin (BNB)
Binance Coin is the cryptocurrency issued by the Binance exchange and trades with the BNB symbol.
BNB was initially based on the Ethereum network but is now the native currency of Binance's own blockchain, the Binance chain.
Every quarter, Binance uses one-fifth of its profits to repurchase and permanently destroy, or "burn," Binance coins held in its treasury.
Binance was created as a utility token for discounted trading fees in 2017, but its uses have expanded to numerous applications, including payments for transaction fees (on the Binance Chain), travel bookings, entertainment, online services, and financial services.
Ripple (XRP)
Very quick & cheap cross border payments
,
The primary use case for XRP is intended to be for transfer of other currencies (or indeed commodities or assets such as gold or oil) over the Ripple network. Each time a money (or asset) transferring organisation such as a bank uses the network to conduct a transfer and settlement, the cost is deducted in a small amount of XRP.
Cross-border payments between banks and organisations currently run on a system called SWIFT… a system created in 1973. This is essentially what Ripple and its coin XRP could replace with a much quicker and cheaper system.
Solana (SOL)
Smart Contracts platform.
Much in the same way that both Ethereum & Cardano is used on a day to day basis as developers who make applications on the Solana blockchain pay SOL coins for the processing / transaction fees.
Large numbers of NFTs are also available on the Solana blockchain.
Polkadot (DOT)
Interoperability - Allow different blockchains to talk to each other and share data / features between each other. This is useful for developers when making new blockchains, as they are able to use sections of features from different chains without the need to create them from scratch each time.
Unlimited Supply - Unlike most other cryptocurrencies, DOT isn’t limited in supply. This is designed to incentivise the network and dynamically adjust according to participation rates of users.
Dogecoin (DOGE)
Meme coin which was originally created as a joke or parody of the crypto world.
Now however has gained massive popularity and even is considered for payments as a real world use. This is still to be widely accepted however.
USDC (USDC)
Stablecoin, backed by US dollars and value is pegged to always be at-or very close to £1 per 1 USDT. Not as popular or widely used by the market than Tether.
Stonk-Crypto Update (#41) : Big Rotation Coming IMOHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Bitcoin (BTC) • Some important resistance levels aheadBitcoin showing signs of live with impressive moves in short period of time.
The liquidity presents in nearly all exchanges between 37-and 40k was sufficient to spoof weaker bears and let bull take control.... for the moment.
We just broke the 47k resistance which is significant and that is why we also produce some great volumes and liquidations along the way.
Next the 49-50k seems to have some stronger orders which suggest a pullback a momentary buy the dip pullback before proceeding to what is the most important levels around 58-60k
58-60k is equivalent to the monthly candle Doji consolidation zones plus the quarterly open as resistances
There are some aspects of the monthly chart like the RSI and Volumes that i still don't like what I am seeing in there hopefully breaking 58k-60k and closing above it would make this turn more promising. As such, instead of fomo all-in it is adequate to have moderate approach in terms of risk management to the long side.
Also important to note if price reaches the 60k and funding or swaps basis still skewed towards the negative side (benefiting longs) it is terrible idea to short even if it is an hedge position.
Forward Futures premiums also broke the ongoing downtrend pressure which is bullish for the moment (remind this can change very quickly)
Overall the daily is looking good and the weekly is starting to looking good specially if we manage to remain above the 47k levels.
Crypto Mid-Week Analysis | Sept 30, 2021Despite equities performing poorly this week, top cryptocurrencies have so far held major support. Bitcoin & Ethereum has been testing the major support level for over a week now. It's good to see that price didn't fall along with equities as the dollar rises.
BTC being super scammy! Wants 40k? - BTC VLOG #59BTC is trading bottom of the range, bounced off 45k to establish a lower high. Lower highs favor probability of lower prices generally. Certainly the trend has flipped and this price action has been shite for scalping.
Will be an interesting next few days with US default narrative, bad news in traditional markets could see us back into the 30k to 40k range.
Honestly feels like sentiment is changing here, there's uncertainty with building fear. Be cautious the next few days my friends, wait for some US default news, go to stable coins for a bit.
PREDICTION = Testing 40k
Shoutout to todays trading view ideas = @MarcPMarkets, @OptimoomFX
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
3:00 = Descending wedge revision
4:30 = US default
5:00 = NASDAQ and SPX
6:20 = Key SPX levels
6:30 = I'm doing stocks now?!?!
10:30 = Bearish SPX arrow
11:45 = FIBS
14:05 = BTC 1 month
15:35 = @MarcPMarkets - 45k lower high
17:30 = Moving averages
18:20 = @OptimoomFX - BTC ranging
19:30 = Closing words
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NOT FINANCIAL ADVICE, please don't trade off solely my ideas. Always do your own TA and develop your own convictions.
BTCUSD: it will gain momentum around 38k and then flies to 50kI decided to share with you the logic behind my btc analysis in a very short video :))
In brief: we see a falling wedge structure moving towards a very important demand zone! What logic tells us is that a reversal is most likely to happen over the demand zone! See the video for a more illustrative explanation.
Personally I would take my chances on trading this opportunity.
A hint for those who are interested in trading #altcoins as well: my personal bag consists of #ftt, #qtum, #vra, #polis(the staratlas coin).
Hope this is helpful! Take care and have a nice weekend
Hey anon.. you got the balls to buy 40k?! - BTC VLOG #58Some big dumps here with the Evergrande news... when I called 53k lower high it generally indicates probability is with further downside but it in no way can that predict events like potential real estate fueled recession in China.
No oracle outside of insiders can predict that. All you can get are hints and probabilities in the TA.
40 to 41k seems bottom of this range, if you have the cajones, and I love these moments... how many times did we touch 30k? Did you have the balls to buy that 30k?!
You got the balls to buy this 40k?! What's your invalidation?
Buy low sell high, buy range low, sell at your targets. Not telling anybody to buy, not goading people with toxic masculinity, just saying that since I started this vlog, betting on these range lows is where so much money is made.
PREDICTION = We want to test the range low.
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
1:25 = SPX500 check
5:20 = Possible patterns
6:40 = Adjusting fibs
9:15 = Weak descending wedge
11:20 = Lower high has rewarded me
12:30 = We can get back to bullish
13:45 = NASDAQ
14:25 = BTC 1 weekly
14:45 = BTC 1 monthly
15:45 = ROUGH PREDICTION
16:45 = ... mother of god DESC TRI
19:30 = Closing words
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NOT FINANCIAL ADVICE, please don't trade off solely my ideas. Always do your own TA and develop your own convictions.
Sunday #bitcoin dump, have we invalidated the upside HVF??? Join me on a general chat of my experiences in #crypto
i've been speculating for most of my adult life
but now because of HEX I achieved all my financial goals and then some
Is it too late to get in
I say no as there is plenty of Opportunity left IMHO