BTS/USDT short term analysisBTS/USDT short term analysis
It is a short term analysis. It will come to the $0.50 level as a priority. Of course, our first priority is $0.10. After a minor correction from the $0.50 level, the first target is $1. It will probably go further. Bitshares is a promising cryptocurrency.
Btsusd
BTS plays🎶🎵🎙 $BTS #BTSBTS plays. After the failure of the downtrend, BTS is ready to start its growth.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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A bearish technical AnalysesMultiple things provide resistance, 200 day moving average which is always a strong sma for reversals.
Trend line from ATH.
Strong bearish Div on daily and 4 hour and 1 hour
If this was a top I still belive BTC hits 100k by EOY
If we close week Below 44k we would also close below 20 week MA and would also be a bearish sign.
while all technical point bearish Its important to remember this is big bull daddy BTC and the market cant stay irrational longer than you can stay solvent.
Anything above 46k would invalidate this
DYOR
BTS/USDT LIMIT BUY SIGNALHere we go with another medium term buying opportunity for the BitShares. Still waiting for a minor pullback accross the crypto market before the uptrend continues.
Well... Now what?In my last idea I said that we would drop from the top of that trendline to bounce off the bottom at least for another retest, but we broke through, retested the bottom trendline as resistance and hard rejected. Now we are flopping around like a fish out of water along this POC. At this point I'm stumped, not like I'm a BTC price action genius anyway, but still. I think a pullback was expected by many after 42k, but now it's like well.. how far do we pull back? Many stop losses are going to be eaten up including some of my own already by traders looking to get in on what they think must surely be support and we keep dipping. It's a whales game and we're at their mercy, they could be planning to stop out retail repeatedly all the way down to 29k again, who knows?
is Bitshares another Matic!!!hiii everyone in my gem coins series i will be covering all the powerful coins & tokkens so lets talk about bitshares we have broken out of bearish trendline and it is heading towards .045 levels that could act as resistance and if broken next target would be .0530 but overall we are super bullish now and i am looking to long now and keep my position on hold until we hit .1$ to .3$ which hardly going to take 2-3 months. GOOD LUCK
BTS/USD Hidden TreasureWhat Is BitShares (BTS)?
BitShares is a decentralized platform designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries.
It was originally launched in July 2014 under the name ProtoShares (PTS) but was rebranded to BitShares (BTS) less than a year later.
The platform is powered by the BitShares (BTS) token, a native utility token that can be used for several purposes, including the creation of smartcoins known as “BitAssets,” which can have a variety of parameters and can represent practically anything — such as reward points, collateralized fiat-pegged tokens and IOUs.
The BitShares platform is managed by a decentralized autonomous company (DAC), which allows BTS token holders to decide the future of the platform, and decide which features to add next.
It runs on an open-source blockchain implementation known as Graphene, which is reportedly capable of processing up to 100,000 transactions per second (TPS) — making it faster than both MasterCard and VISA combined.
As of January 2021, BitShares is in the process of a relaunch, and will be going through several major changes throughout going forward.
Who Are the Founders of BitShares?
BitShares was co-founded in 2013 by some of the cryptocurrency industry's biggest names, these include:
\ Daniel Larimer, an accomplished software engineer and the co-founder of several other prominent blockchain ventures including EOS.IO, Block.one and Steemit. Larimer is an esteemed name in the cryptocurrency space and is widely regarded as one of its leading innovators.
Charles Hoskinson, an entrepreneur and mathematician who is one of the original eight co-founders of Ethereum — the second most successful blockchain platform (behind Bitcoin). Today, Hoskinson works as the CEO of Input Output HK (IOHK), the research and development company behind Cardano (ADA).
As of January 2021, the BitShares core team consists of 17 permanent workers, supported by more than 60 long-term contributors — covering a range of disciplines including economics and legal, to systems admins and highly skilled developers.
What Makes BitShares Unique?
One of BitShares’ major distinguishing features is its integrated decentralized cryptocurrency exchange platform (DEX), which allows users to trade regular cryptocurrencies, as well as more traditional financial instruments (via BitAssets) without middlemen.
Because of its native DEX and support for synthetic assets (BitAssets), BitShares is often touted as the world’s first DeFi capable blockchain.
As we previously touched on, BitShares uses distributed autonomous companies (DACs) to produce a self-governing, self-financing system that allows BTS holders to set the business rules that govern the BitShares ecosystem through a secure proposal and voting procedure.
BitShares is also one of the few blockchain platforms to completely do away with addresses. Instead, it uses simple memos to distinguish users, making it one of the more accessible crypto platforms. It is also built around a popular referral program that is used to incentivize the growth of the network by distributing upgrade fees between referrers and the BitShares network.
It was the first blockchain to use self-governed delegated proof-of-stake (DPoS) technology and has an ~3-second processing time for transactions, making it one of the fastest blockchains currently operating.
Btc broke the triangle, fake out or bump?Btc broke the triangle and looks good to go to around 46k strong resistance and 47k but there is only 1 think that makes me take care of a fake out and is the low volume!
TAKE CARE OF A FAKE OUT!
Let’s wait a good confirmation!
Thank you and trade safe
No finance advisor
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Bitcoin state of affairsIF JP Morgan says 35k is fair price value for Bitcoin, then I guess they meant it. I don't think their quants would be far off either. Bullish sideways not ruled out. Hard to be bearish on Bitcoin ever again tbh but we'll just pretend for the sake of it that not constantly going up is "bearish" and that still stands at the previous ATH of 20k.
BTC USD have to touch 84k area 99.9% + descriptionThis is a bold idea
and maybe in this time ridiculous . feering of weekly rsi
#btc #btcusd #btcusdt #BINSNCE #BITSTAMP #COINBASE #bitcoin
trustable support area 43 + 38
BTCUSD most to touch 84k 99.9%
and if this targets happening and break , then we can have hope to the targets in chart.