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Fudamentalanalysis

Will BNB break the $ 456 barrier?Hello everyone, let's take a look at the BNB to USDT chart within 1 day. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 424, if the support breaks down, the next one is $ 404 and $ 388. Now let's move from the resistance line, as you can see, the first resistance is $ 456, if you manage to break it, the next resistance will be $ 497 and another one at the so-called fibretracement gold point of $ 538 = FIB 0.618. Looking at the CHOP indicator, we can see that in the 1D interval the energy slowly begins to gain strength.
by cryptodailyuk
Ghost trend BTC Cycle anti-Hype and anti-FUDI have bin looking at a possible ghost trend without Hype and FUD calculated in. I think that BTC markets are currently over Hyped and need to go sideways for a couple of weeks This would result in the biggest BTC market bottom forever. This can also mean we have bin in a bear market/sideways trend seen before the first hype cycle coming above 30$k to the first new ATH of 64.8$K In this time the BTC market has made a 1 to 1,5 year long bottom. Powered by Hype Cycles, H&S pattern's and new ATH's. With news effecting the ( BTC ) markets. Better reasons for market bottom Hype Cycles - Money printing - inflation at 7% - Adoption form retail/ working people - Active development Note: I think that these Cycles are needed to make BTC / CC work currently. H&S pattern's ( Head and shoulder pattern's) - The first money hype cycle resulting in H&S pattern and Wyckoff distribution pattern - The second H&S pattern forming at the 52$k top ---> resulting in down trend up to 10/21 --> 69k top. - And the last H&S pattern forming at the current ATH at 69k ---> resulting in down trend up to 24/ 01 /22 ---> next cycle for 2-3x current ATH . Note: I think that these H&S pattern are not good for a BTC market. But good for buy prices. Hoop this helps
Long
by SPACEMEN99
3
SHORTING EUR/USDSHORTING EU! Brief Technical Analysis: - Bearish Flag forming on the H8/Daily TF - Nice impulse to the downside breaking past 1.13000 - Retest of the round psychological number 1.13000 - 61.8 Fib level lines up with previous stated confluences - 3rd touch of trendline on H1 timeframe Brief Fundamental Analysis on the currency pair: - ECB aren't looking to change monetary policy anytime soon - Energy crisis in Europe growing concern - Concerns over new Covid strain 'Omicron' - The FED are looking to increase their tapering pace, raise interest rates as soon as early 2022 - US Dollar seen as a safe 'haven' for investors (risk-off market = bullish for the Dollar and bearish for the Euro)
Short
by TomBray1
1
Bitcoin could to have a market cap valued in $4 trillion worthHello, in this special analysis of the market cap of Bitcoin, I want to show you how to calculate the future price of Bitcoin in 2021-2022. Well, when Bitcoin reached the mark of $56,000 USD, Bitcoin have a market cap valued in $1 trillion worth. Now, Bitcoin it's above of $1 trillion in their market cap, our next target could be the $2 trillion in Bitcoin. But, what will be the price when Bitcoin going to reach the market cap valued in $2 trillion worth. Remember: There're 18,673,537 (millions) of Bitcoin or you can to say we have 18.6 millions of Bitcoin in circulation supply. But based in the halving event, the next halving will be in 2024 and post later 2028, but in 2030 the Bitcoin miners it's going to mined the last Bitcoin until the reach 21,000,000 (millions of Bitcoin or you can to say that there will be 21 millions of Bitcoin in circulation supply. That number represent the exactly maximum that Bitcoin need to reach. That meaning that in the future, and recalling, it's scarce, and everyone can't to have Bitcoin independly how much quantity do you hold?. This mindset it's very important to know what kind of money it's Bitcoin. I learn in this year about and looking meanwhile Bitcoin up, U.S. Dollar down and the demand it's strenghten in Bitcoin, this unique assets it's extremely scarce and people don't know and understand this information. In the future, a small group of 1% in the world it's have Bitcoin in the hand or hidden in the back. For that, as I'm a people that have over 0.1 Bitcoin when I started to invest on 2018, I'd remember the bear market later that Bitcoin reach the mark of near of $20,000 USD in the end of 2017. I'd remember very well not in 2017 becuase I am not in this year, I appear in the starting of the year 2018, and well, the lower price that I see in Bitcoin was in the $3,200 USD, but in this year 2018 I was amateur, but I bought Bitcoin on 2018, in 2019 I was learning about how Blockchain work, how the others cryptocurrency like Ethereum, XRP, and much more work, I learn about how money work, how banks work in my experience that I was in it, and also I learn about trading and others financial markets like Forex, commodities, and much more. Now, in 2020 (the past year) as I have a lot knowledge about of these themes that I writing it, when I starting to make trading, it's so normal to be amateur and get mistake, but it's so normal and we're human, we're no perfect. The widely word that I learn in my life it's if you don't get risk, you can't to learn anything and you're conditioned to learn the same what you learned, you can't to update and learn any o development personal. For that, I learn about this widely word. And well, throughout of the 2020 that was my best year, becuase I was in top trader in some pars of Forex, well, in general, I have not been trading in Forex for a long time. But, more later, I will going to get practice again to trade Forex, becuase right now, I'm more enfocous in cryptocurrency and from 2020, I became an expert cryptocurrency trader and right now, I have a lot confidence in my technical analysis that I was working day to day to better. And now, on 2021 I becoming more impecable and expert in cryptocurrencies since 2018 when I started like amateur. That it's my little history to be inspirate!!! Now if you want to know and how to calculate, to recalling that there will be 21 millions of Bitcoin in the world and just 1% of the world have Bitcoin in their hidden back. For that, it's very important to be associated that Bitcoin it's scarce and everyone can't to have Bitcoin because this unique assets and money it's extremely scarce to adquire Bitcoin, for that the Bitcoin trend it's bulllish and ever!!! Right now, there're 18,673,537 Bitcoin in circulation supply!!! Imagine the following, we hope that Bitcoin reach the mark of $100,000 USD, and to know what will be the Bitcoin market cap if Bitcoin reach the $100,000 USD? The formula will be: multiply the price future with the Bitcoin circulation supply $100,000 USD x 18,673,537 Bitcoin (circulation supply) = $1.86 trillion worth. That it's, if Bitcoin reach the $100,000 USD, the Bitcoin market cap will be around value of $1.86 trillion worth. And to know if Bitcoin reach the $200,000 USD, we apply the same formula: $200,000 USD x 18,673,537 Bitcoin (circulation supply) = $3.73 trillion worth. That explain how the price work, if Bitcoin reach the mark of $200,000 USD, the Bitcoin market cap will be around value of $3.7347 trillion worth. I use $3.73 trillion Otherway, we can to apply the formula inverse. It's divided the target of your Bitcoin market cap with the circulation supply Let's see, if we using an example that to Bitcoin reach the $200,000 USD, we use the market cap value o $3.73 trillion worth to explain. $3.73 trillion worth / 18,673,537 Bitcoins (circulation supply) = $199,747.91 USD. This it's average!!! But, if we apply it, we can to know that approximately that the possible prediction it''s around a little more over $200,000 USD future price a market cap so near value of $4 trillion. Now, if you want to know what will be happening if Bitcoin reach a market cap value of $6 trillion worth, well, we use the formula didived this market cap with the circulation supply to know what will be the exactly price. $6 trillion worth / 18,673, 537 Bitcoins (circulation supply)= $321,310.31 USD. That will be the price if Bitcoin reach a market value of $6 trillion worth. Guys, that it;s it, I have a forecast that Bitcoin could to reach a market cap value of $4 trillion worth, it's approximately a litle more above of $200,000 USD. But, this it's not guarantize. But all depending how much Bitcoin can to strenghten in based in the world inflation that we live. But we know that Bitcoin have all chances iimparable to up, independly if Bitcoin could to reach the $300,000 USD. I believe that the best way to calculate it's using your possible future price to multiply with the Bitcoin circulation supply. Guys, if you found out that this special analysis it's sount intersting for you, get hand up to share this value information to others cryptocurrency amateur know this information and traders in cryptocurrency.
CRYPTOCAP:BTCLong
by harisonhbn9718
2