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出售和存储加密货币 Bitcoin (BTC)

Source: Pentoshi/Twitter

Bitcoin price will present a buy signal before a full-blow recovery to 出售和存储加密货币 Bitcoin (BTC) $23,000

A brief technical and on-chain analysis on Bitcoin price. Here, FXStreet's analysts 出售和存储加密货币 Bitcoin (BTC) evaluate where BTC could be heading next. Please, subscribe to our YouTube channel, follow us on 出售和存储加密货币 Bitcoin (BTC) 出售和存储加密货币 Bitcoin (BTC) Twitter @FXScrypto and join our Telegram channel.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only 出售和存储加密货币 Bitcoin (BTC) and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet 出售和存储加密货币 Bitco出售和存储加密货币 Bitcoin (BTC) 出售和存储加密货币 Bitcoin (BTC) in (BTC) does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Best investment of 2022 looks to be Degrain (DGRN) which will overtake Maker (MKR) and Apecoin (APE) in 2023

The strategies in which people 出售和存储加密货币 Bitcoin (BTC) might profit from their investments change as the Bitcoin industry does. Staking is a well-liked technique that enables investors to benefit from hanging onto their coins or tokens for a 出售和存储加密货币 Bitcoin (BTC) predetermined amount of time. It’s vital to remember that there is always a risk when staking, 出售和存储加密货币 Bitcoin (BTC) even if it can be a fantastic way to yield passive income. The staking features 出售和存储加密货币 Bitcoin (BTC) 出售和存储加密货币 Bitcoin (BTC) included in tokens like Degrain (DGRN), Maker (MKR), and Apecoin (APE) can demonstrate how a robust staking concept is highly bullish. Degrain (DGRN) is tipped to be the best investment of the year.

Maker (MKR) sees investors sell to buy into Degrain presale

MKR is the Maker (MKR) 出售和存储加密货币 Bitcoin (BTC) official governance token. Maker (MKR) is a protocol for Collateralized Debt Positioning. Users receive DAI 出售和存储加密货币 Bitcoin (BTC) in exchange for ETH deposited into smart contracts. The Maker (MKR) protocol, rated second by Total Value Locked, is an essential component of the Defi ecosystem. It is one of the most frequently used projects as a base layer for other projects.

Holders of Maker (MKR) have the power to vote on proposals, participate actively in the management of DAI, and even choose the DAI savings rate. They can select what kinds of digital assets to use as collateral. Demand for Maker (MKR) drives the capacity to shape DAI’s future. Maker (MKR) investors have recently sold off and rushed to buy into the Degrain presale

Apecoin (APE) long way off all time highs, may not recover

One famous crypto ecosystem at the moment is Apecoin (出售和存储加密货币 Bitcoin (BTC) 出售和存储加密货币 Bitcoin (BTC) APE). People who founded the Bored Ape Yacht Club (BAYC) developed Apecoin (APE). We assume that 出售和存储加密货币 Bitcoin (BTC) Apecoin (APE) cryptocurrency will acquire the same reputation and worth as the other NFT cryptocurrencies over time. Apecoin (APE) has been the subject of attention for some time.

Apecoin (APE) 出售和存储加密货币 Bitcoin (BTC) offers users of tokens convenience, security, and the chance for profit, Apecoin (APE) has the potential to transform the cryptocurrency trading industry. Apecoin (APE) is a long way off all time highs and Apecoin (APE) investors are curious what the future holds. Apecoin (APE) is unlikely to 出售和存储加密货币 Bitcoin (BTC) recover this year.

Degrain (DGRN) tipped to be the number one investment of 2022

The Degrain (DGRN) NFT cross-chain marketplace allows for the partial investment, trading, and acquisition of NFT. Users 出售和存储加密货币 Bitcoin (BTC) 出售和存储加密货币 Bitcoin (BTC) can exchange NFTs for different cryptocurrencies using this innovative, ground-breaking idea. Investors in the presale of 出售和存储加密货币 Bitcoin (BTC) 出售和存储加密货币 Bitcoin (BTC) this blockchain will get a lifetime discount of 100% on trading costs.

The Degrain (DGRN) 出售和存储加密货币 Bitcoin (BTC) presale coin, which leading analysts predict will be the next big thing, has investors talking. Additionally, the Degrain (DGRN) mechanism will enable revenue sharing with token holders depending on how many 出售和存储加密货币 Bitcoin (BTC) tokens they possess. Degrain (DGRN) sold more than 295 million tokens due to its popularity amongst crypto experts with presale over 96% sold out.. Stakeholders in Degrain (DGRN) will gain long-term benefits from their investment, which enables cross-chain transactions and conducts business with real businesses. Even OpenSea hasn’t succeeded in achieving it; therefore, the possibility that Degrain (DGRN) will make other chains envious. Degrain (DGRN) has been tipped to be the number one investment in 2022 with 出售和存储加密货币 Bitcoin (BTC) top crypto analysts predicting over an 8,000% gain before the end of the year.

Disclaimer: 出售和存储加密货币 Bitcoin (BTC) This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research 出售和存储加密货币 Bitcoin (BTC) 出售和存储加密货币 Bitcoin (BTC) and invest at your own risk.

Popular Crypto Analyst Warns Bitcoin (BTC) Poised To Trap Bulls, Updates Outlook on Ethereum (ETH)

A closely followed crypto strategist believes that Bitcoin (BTC) is setting up bulls to believe that the $20,000 area could be the bear market bottom.

Pseudonymous analyst Pentoshi warns his 600,100 Twitter followers that Bitcoin has touched support around $20,000 three times in span of about a month.

“Things that look safe, but aren’t… Can we go up? Yes. Will these almost certainly get run and or lead into a nuke. Also yes. These almost always setup as a trap for longs that 出售和存储加密货币 Bitcoin (BTC) build over time thinking it’s ‘titanium support'”

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Source: Pentoshi/Twitter

In technical analysis, bouncing off 出售和存储加密货币 Bitcoin (BTC) a support level multiple times suggests that a breakdown is in sight as demand at that particular price area gets exhausted.

Pentoshi also says that retail traders likely bought Bitcoin near the top of BTC’s recent rally, indicating more downside risk as those who got in late prepare to cut their losses.

“It’s interesting to note that despite people claiming they bought the bottom, most BTC changed hands at $24,000 where spot was distributed.”

The crypto strategist also highlights that Bitcoin is now trading below the 200-week moving average, an 出售和存储加密货币 Bitcoin (BTC) 出售和存储加密货币 Bitcoin (BTC) indicator that has marked the bottom for BTC during its previous bear cycles.

“BTC weekly 200 moving average enjoyooorrsss.”

Source: Pentoshi/Twitter

At time of writing, BTC is swapping 出售和存储加密货币 Bitcoin (BTC) hands for $21,400 while the 200-week moving average is hovering above $23,000.

As for Ethereum (ETH), the crypto analyst warns that the leading smart contract platform just respected a crucial resistance level, suggesting that the downtrend is very much intact.

“The story writes itself. ETH.”

Image

Source: Pentoshi/Twitter

At time of writing, ETH is trading at $1,642, below Pentoshi’s marked resistance at $2,000.

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Bitcoin Choppy Session Continues – Eyes on $20,765

Bitcoin Choppy Session Continues - Eyes on $20,765

Bitcoin is battling to break through the $21,500 barrier versus the US dollar. BTC is stabilizing and is vulnerable to a move toward the $20,000 support level. BITCOIN is consolidating at $21,000 and facing numerous challenges.

The price currently trades above the $21,200 mark and the 100 hourly simple moving average.

On the hourly chart of the BTC/USD pair, a strong negative trend line is forming with resistance near $22,500. The pair may recover, although gains may be limited above the $22,000 resistance zone.

Bitcoin’s Price is Under Pressure

Bitcoin’s price has held well 出售和存储加密货币 Bitcoin (BTC) above the $21,000 support level. BTC established a base above $21,000 and began a 出售和存储加密货币 Bitcoin (BTC) consolidation period.

A slight upward movement occurred above the $21,250 and $21,350 levels. The price broke through the $21,500 barrier and the 100 hourly simple moving average. On the other hand, the bears were active near the $21,640 resistance level. The 23.出售和存储加密货币 Bitcoin (BTC) 6% Fib retracement level of the main slide from the $24,415 swing high to the $20,797 low appears to be strong resistance. Bitcoin trades over the $21,200 mark 出售和存储加密货币 Bitcoin (BTC) and above the 100 hourly simple moving average.

On the upside, the $21,500 and $21,640 levels provide immediate resistance. The first big obstacle on the upside is located near $22,000. If the price breaks over the $22,000 resistance zone, it may rise towards the $22,500 resistance zone. On the hourly chart of the BTC/USD pair, a strong negative trend line is forming with resistance near $22,500.

The trend line is close 出售和存储加密货币 Bitcoin (BTC) to the 50% Fib retracement level of the main slide from the swing high of 出售和存储加密货币 Bitcoin (BTC) $24,415 to the low of $20,797. Any further advances might push the price 出售和存储加密货币 Bitcoin (BTC) to the $23,000 resistance level.

Bitcoin Price Drop?

If Bitcoin fails to break over the 出售和存储加密货币 Bitcoin (BTC) $22,000 barrier level, it may continue to fall. On the downside, there is immediate support near the $21,000 level.

The next significant support is now at $20,800. A decisive break below the $20,800 support level and the previous swing low could trigger 出售和存储加密货币 Bitcoin (BTC) 出售和存储加密货币 Bitcoin (BTC) 出售和存储加密货币 Bitcoin (BTC) a new downturn. The price may fall near the $20,000 mark in the mentioned instance.