Bitcoin schließt April über 90.000 US-Dollar? Wann und wo wird diese Bullenwelle toppen?

Analyst PlanB berechnete, dass Bitcoin bis Ende April 92.000 US-Dollar erreichen könnte … aber wird es tatsächlich dort ankommen? Sehen Sie sich dieses Interview mit dem Händler Eric Crown an, um es herauszufinden!

Die Kryptowährungsmärkte erlebten diese Woche eine monumentale grüne Welle

Bitcoin und Ether erreichten ruhig neue Allzeithochs auf der Rückseite von Coinbases direktem Listing und der Berliner Gabel . In der Zwischenzeit stieg die Meme-Cryptocurrency Dogecoin auf über 400% und beanspruchte kurzzeitig einen Platz als Top-5-Cryptocurrency nach Marktkapitalisierung.

Trotz des Medienrummels und der Marktbewegungen dieser Woche zeigte PlanB , dass Bitcoin Lifestyle immer noch nicht so überkauft ist wie auf den Höchstständen der Bullenzyklen 2017, 2013 und 2011. Er rechnete damit, dass Bitcoin bei einem Erreichen dieser Niveaus bis Ende April einen Preis von 90.000 US-Dollar erzielen würde.

In dieser explosiven Woche fragen sich immer noch viele: „Hat der Markt genug Dampf, um diese Bullenwelle fortzusetzen?“

Der erfahrene Händler und Marktanalyst Eric Crown ist der Meinung:

„Bis ich eine wöchentliche Umkehrung sehe, werde ich kein High nennen. Ich werde für diese Zeit zumindest die Spotmärkte nicht wirklich verlassen und nur versuchen, die Fahrt zu genießen. “
In diesem exklusiven Cointelegraph-Interview erklärt Crown:

Kurz-, mittel- und langfristige Preisziele für Bitcoin und Ether

Wie man ein Top auf dem Markt erkennt

Warum die Coinbase-Notierung zu einem US-Bitcoin-ETF und einem sechsstelligen Bitcoin führen könnte
Warum DOGE diese Woche die größten Gewinne aller Kryptowährungen verzeichnete

Sehen Sie sich das vollständige Video auf dem YouTube-Kanal von Cointelegraph an und vergessen Sie nicht, es zu abonnieren!

Il primo fondo Bitcoin del sud-est asiatico viene lanciato per soddisfare la domanda istituzionale locale

Il BCMG Genesis Bitcoin Fund-I sarà disponibile per gli investitori asiatici accreditati.

Il BCMG Genesis Bitcoin Fund-I

Il BCMG Genesis Bitcoin Fund-I, o BGBF-I, con sede in Malesia, ha lanciato ufficialmente, sostenendo di essere diventato il primo prodotto cripto istituzionale assicurato disponibile nella regione del sud-est asiatico.

Un annuncio afferma che il fondo è stato lanciato in risposta alla crescente domanda di prodotti istituzionali di criptovalute nel sud-est asiatico. Il fondo sfrutta una piattaforma basata su blockchain alimentata dall’intelligenza artificiale (AI) fornita da Calfin Global Crypto Code, che pretende di offrire una maggiore sicurezza per le partecipazioni dei clienti.

BGBF-I è regolato a Labuan, Malesia, dove IBH Investment Bank funge da consulente principale del fondo. Il fornitore di servizi finanziari professionali, Alpha Calibration, con sede a Hong Kong, fornirà servizi di conformità normativa e sarà controllato da HLB Hodgson.

Il veicolo di investimento offre anche la copertura assicurativa e la sottoscrizione per la Public Offering Security Insurance. Il gestore del fondo, Subbu Vempati ha spiegato:

„BGBF-I è una piattaforma sicura, assicurata e regolamentata dove gli investitori possono ottenere un’esposizione al settore dei Digital Assets. Gli investitori possono beneficiare della nostra esperienza negli aspetti finanziari, tecnici e di sicurezza degli investimenti in Bitcoin, così come entrare in questa classe con una tranquillità senza alcuna sfida o rischio nel gestire direttamente il Digital Asset“.

Il BTC stesso ha guadagnato il 266,5% negli ultimi 12 mesi

Secondo il suo sito ufficiale, il fondo BGBF-I proietta un rendimento minimo del 12% all’anno, pur notando che il BTC stesso ha guadagnato il 266,5% negli ultimi 12 mesi.

Tutti gli investitori asiatici accreditati devono passare attraverso le proiezioni obbligatorie Anti-Money Laundering (AML) e Know Your Customer (KYC) per accedere al fondo.

Il fondo Bitcoin è uno dei tanti che sono stati lanciati di recente per affrontare i crescenti appetiti istituzionali BTC e altri asset digitali. A metà febbraio, il primo ETF Bitcoin nordamericano fisicamente regolato è stato approvato in Canada. Anche il Bitcoin Trust di Grayscale continua a crescere, con il suo patrimonio in gestione che recentemente ha raggiunto i 39,8 miliardi di dollari.

Ditto fördert die Finanzierung von Streaming-Künstlern

Ditto fördert die Finanzierung von Streaming-Künstlern mit der Einführung der Defi-Plattform

Der globale Musikvertriebsdienst Ditto hat mit einer Blockchain-basierten Finanzierungsplattform namens Opulous die neueste Ergänzung seines Serviceangebots für Musiker vorgestellt.
Opulous Peer-to-Peer Lending Plattform dient als Kredit-Pool, um Künstlern zu helfen

Ditto setzt seine Bemühungen fort, die Wertschöpfungskette für Künstler zu verbessern. Im Gegensatz zu anderen dezentralen Finanz (defi) Protokolle, Opulous spiegelt Asset-basierte Kreditvergabe, die Brücken die physische und digitale Welt. Opulous‘ Defi-Lending-Mechanismus, der auf der öffentlichen Blockchain Algorand entwickelt wird, nutzt die Greifbarkeit von Musik-Urheberrechten durch ein Smart-Contract-Setup, das automatisch bei Bitcoin Code Kapital- und Zinszahlungen mit Ausschüttungen an Investoren abwickelt.

Für Musiker, die bereits Tantiemen erhalten, stellt dies eine einzigartige Möglichkeit dar, ihr Vermögen zu monetarisieren oder zum Pool beizutragen, um andere Künstler zu beteiligen. Bei der Suche nach Kapital können Künstler auf Gelder zugreifen, indem sie Darlehen aus Opulous‘ Music Copyright Pools mit ihren Musiktantiemen besichern.

Künstler profitieren von Zinssätzen

Neben der Digitalisierung von Musik als Anlageklasse wird dieser Schritt zu einer demokratischeren Beteiligung von Künstlern und Investoren einladen, die in der Musikindustrie Fuß fassen wollen, die ein enormes jährliches Wachstum erfährt und deren Größe sich bis 2030 verdoppeln soll. Künstler profitieren von Zinssätzen, die bereits bei 4 % beginnen, während Investoren in den Copyright-Pools ein Engagement in Musiklizenzgebühren als Anlageklasse für 10 % Rendite pro Jahr aufbauen können.

Per Ditto CEO Lee Parsons,

Opulous schaltet das traditionelle Bankwesen aus und bietet Musikern eine Plattform mit minimalen Zinszahlungen, während Investoren die Chance haben, einen Anteil an einer der aufregendsten und am schnellsten wachsenden Finanzindustrien der Welt zu erwerben.

Ditto, das bereits mehr als 1 Milliarde Dollar an Tantiemen für seine mehr als 250.000 Nutzer abgewickelt hat, sieht eine Verdoppelung der Brancheneinnahmen in den nächsten zehn Jahren, was eine überzeugende Investmentthese darstellt. Im Einklang mit Opulous‘ Mission, den finanziellen Zugang von Musikern zu demokratisieren, sind auch Nutzer außerhalb des Ditto Ökosystems willkommen, dem Peer-to-Peer Lending Framework beizutreten.

Opulous hat bisher 1,5 Millionen Dollar an Finanzmitteln von BASIC, Borderless Capital, Kosmos Capital, Somesing und TrustVerse erhalten. Die Markteinführung des Minimum Viable Product (MVP) der Plattform wird in zwei Monaten erwartet, da die Entwicklung weiter voranschreitet.

Elastos, das seine Plattform für dezentrale Anwendungen (dapp) und seine Währung (ELA) entwickelt hat, um die digitalen Vermögenswerte und Kreationen der Nutzer zu schützen, wird einer der ersten Token-Staking-Partner für das Proof-of-Stake-Konsensprotokoll von Opulous sein. Opulous, in Zusammenarbeit mit Elastos, wird es Investoren ermöglichen, ihre Elastos (ELA) Münzen innerhalb des Music Copyright Pools zu setzen.

Laut Clarence Liu, der VP der Entwicklung bei der Elastos-Stiftung,

Elastos und Ditto Music haben erforscht, wie Blockchain grundlegende Ineffizienzen in der Musikindustrie beheben kann. Der Zugang zur Finanzierung – den Opulous adressieren wird – ist nur die Spitze des Eisbergs.

„Unsere Zusammenarbeit hat noch viel mehr in der Pipeline und unsere Community ist definitiv darauf aus, den durch die jüngsten Weltereignisse ausgelösten Vorwärtsdrang zu nutzen, um neue Nutzer in die von Elastos gesetzten Ideale des dezentralen Internets einzuführen“, schließt Liu.

Nouvelles : Tous les yeux sont tournés vers Biden, Bitcoin et l’avenir des fonds indiciels

Biden a finalement emménagé à la Maison Blanche, mais qu’est-ce que cela signifie pour Bitcoin et l’industrie de la cryptographie ?

Bitcoin et Ethereum ont tous deux fait des plongées spectaculaires cette semaine, en passant par des niveaux de support clés.
L’avenir des fonds indiciels donne une image optimiste quant à la façon unique dont la technologie des chaînes de blocs peut améliorer les fonds préférés de la finance.

La rubrique wNews de cette semaine plonge dans les détails de ce que signifie une administration Biden pour Bitcoin.

Jusqu’à présent, nombre de ses membres nommés et de ses membres du cabinet semblent être bien plus compétents en matière de technologie que leurs prédécesseurs. Certains se targuent même d’avoir une expérience directe de la cryptologie.

Néanmoins, le regain d’attention, surtout au milieu d’un larmoyant encierro, n’est peut-être pas aussi positif que certains l’espèrent.

Les marchés ont encore chuté cette semaine, Bitcoin Revolution ayant touché le fond juste en dessous de la barre des 30 000 dollars. Cependant, tous les altcoins n’ont pas suivi la crypto du roi. Certains ont même été appréciés pendant l’effusion de sang.

Enfin, la liste de crypto à faire ce week-end est tout ce qui concerne les fonds indiciels décentralisés.

Tout cela et bien plus encore, ci-dessous.

Une économie en panne

Le président Joe Biden a officiellement prêté serment cette semaine. Mais après une présidence contestée et les effets écrasants de la pandémie, le nouveau leader du monde libre a du pain sur la planche.

Naturellement, il ne sera pas le seul à reconstruire l’économie.

Tout au long de la semaine, les amateurs de cryptographie ont suivi de près les différents postes de président, secrétaire et directeur que Biden est en train de mettre en place. Parmi les rôles les plus importants, citons le président de la Securities and Exchange Commission (SEC), le président de la Commodity Futures Trading Commission (CFTC) et le secrétaire au Trésor.

Il y a un candidat pour chacun de ces trois postes, mais ils n’ont pas encore fait l’objet d’un vote officiel. On peut néanmoins glaner beaucoup d’informations sur les relations de chaque candidat avec les cryptocurrences.
La candidate actuelle au poste de secrétaire au Trésor est Janet Yellen. Tout récemment, la commission des finances du Sénat a voté à l’unanimité pour qu’elle occupe ce poste. La prochaine étape est un vote à l’unanimité, qui devrait également se terminer de manière positive pour elle.

Sa position sur la cryptographie n’a pas été des plus optimistes, mais ses récents commentaires suggèrent qu’elle adopte une approche équilibrée de l’industrie.

Elle a d’abord fait la une d’une émission de radio qui laissait entendre qu’elle était totalement opposée à la cryptographie en raison de ses cas d’utilisation malveillants. Mais plus tard dans la semaine, elle a ajouté une réponse beaucoup plus nuancée. Elle a déclaré

„Je pense qu’il est important de considérer les avantages des cryptocurrences et autres actifs numériques, et le potentiel qu’ils ont pour améliorer l’efficacité du système financier. En même temps, nous savons qu’ils peuvent être utilisés pour financer le terrorisme, faciliter le blanchiment d’argent et soutenir des activités malveillantes qui menacent les intérêts de la sécurité nationale des États-Unis et l’intégrité des systèmes financiers américains et internationaux“.

Bien que Mme Yellen ait été équilibrée dans ses dernières remarques directement liées aux cryptocurrences, elle a proposé une taxe extrêmement controversée sur les gains non réalisés. Il s’agit d’une simple considération pour l’instant, mais comme les marchés sont à la hausse, cela pourrait être désastreux.

En tant que secrétaire au Trésor, Mme Yellen jouerait également un rôle démesuré dans la politique fiscale des États-Unis.

M. Biden a déjà proposé une autre série de mesures de relance massive pour redresser l’économie. Il a également admis récemment que le gouvernement ne peut pas faire grand-chose pour redresser la trajectoire actuelle du virus.

Avec l’impression de monnaie extrême qui se profile à l’horizon, de nombreuses institutions se tournent vers des actifs plus durs et plus risqués. Thomas Kuhn, un analyste de Quantum Economics, a déclaré à Crypto Briefing :

„Ils ne peuvent clairement pas permettre la déflation et laisser les niveaux de dette augmenter par rapport au PIB. Ils sont heureux de voir leur monnaie se déprécier jusqu’à un certain point, mais cela a déjà un impact direct sur les prix des actifs, qui sont déjà historiquement élevés. Ils veulent une inflation maîtrisée, mais il semble qu’elle se produise assez largement dans les secteurs des matières premières et de l’énergie“.

Il a ajouté que les banques centrales du monde entier, et pas seulement la Fed, sont à court d’options pour maîtriser l’environnement financier actuel.

En effet, la lutte contre l’inflation est devenue l’un des plus grands sujets de consensus en 2021.

Dans une enquête menée auprès de grands gestionnaires de fonds, la Bank of America a révélé que la transaction à court terme sur le dollar est l’une des „transactions les plus prisées“ du marché.

Il est également important de tenir compte des présidents de la SEC et de la CFTC qui ont été nommés. Contrairement à Yellen, cependant, Gary Gensler et Chris Brummer apportent tous deux une connaissance approfondie des cryptocurrences et des chaînes de blocs.

Gensler a donné un cours de 12 semaines au MIT Sloan, l’école de commerce du MIT, sur les cryptocurrences et a été un ardent défenseur de cette technologie. De même, M. Brummer a présenté la cryptographie au Congrès à plusieurs reprises et a participé activement à plusieurs groupes de travail fintech influents.

À première vue, cette équipe d’experts des régulateurs financiers conscients de la cryptographie semble être un rêve devenu réalité pour l’i

Predicción del precio de Bitcoin: BTC a $ 30000, analista

La predicción del precio de Bitcoin espera una caída al nivel de $ 32000.

La fuerte resistencia se encuentra en la marca de $ 37500.

Un fuerte soporte se encuentra en la marca de $ 35500

El rey de las criptomonedas decepcionó a los comerciantes, ya que no pudo superar el máximo histórico de 42.000 dólares. El rey, a partir de ahora, se mueve cuesta abajo. Bitcoin alcanzó su punto máximo en el gráfico de precios de 24 horas en $ 39,840 justo al comienzo del día, pero solo para bajar al mínimo de 24 horas en $ 34,400. Después de ganar algo de impulso, el rey encontró estabilidad en el rango de $ 36,000. En el momento de escribir este artículo, Bitcoin se situaba en 36.743 dólares.

El mercado de Bitcoin es alcista. Del total de indicadores técnicos, 14 están en posición de compra, mientras que nueve son neutrales con cinco de venta. De los indicadores de oscilador totales, la mayoría son neutrales, con una indicación de venta y dos indicaciones de compra al momento de escribir. De las 17 medias móviles, 12 dan indicaciones de compra con cuatro indicaciones de venta y una indicación neutral.

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Predicción del precio de Bitcoin: ¿Qué esperar?

En su predicción del precio de Bitcoin , el analista Alan Masters afirma que los osos se han ganado al rey de las criptomonedas, ya que Bitcoin se mueve hacia abajo para establecer máximos menores. Después de unos días del retroceso, la criptomoneda comenzó a ganar impulso y los analistas estaban esperanzados; sin embargo, parece que el rey ha decepcionado a todos. El analista cree que el precio de Bitcoin es seguir el movimiento bajista y sumergirse. El índice de fuerza relativa (RSI) y la divergencia de convergencia de la media móvil (MACD) tienen una tendencia a la baja, lo que alimenta aún más el impulso bajista.

Masters cree que Bitcoin se enfrenta a una línea de resistencia a la baja, lo que empujará a Bitcoin a la baja. Bitcoin probó previamente el EMA-21 antes de subir estableciendo un mínimo; Según el analista, esto significa que Bitcoin ahora probará el próximo promedio móvil exponencial (EMA) como soporte, que es EMA-50 (en rosa oscuro). El próximo precio objetivo para la criptomoneda puede ser $ 27,795, que se encuentra en el EMA-50. Los niveles de retroceso de Fibonacci de 0.382 ($ 32,151) seguidos de 0.5 ($ 29,109) y 0.618 (26,066) también actuarán como fuertes niveles de soporte. Sin embargo, el analista sostiene que si el precio de Bitcoin cierra por encima de los $ 36180, el análisis queda invalidado.

El analista Polar Husk ha descubierto que la criptomoneda se ha salido de la línea de tendencia ascendente con una vela bajista en su predicción de precios de Bitcoin . Según el analista, el nivel de Fibonacci de 0,786, que se encuentra paralelo al nivel de precio de 39500 dólares, es un fuerte punto de resistencia de Bitcoin. Este rechazo hizo que los comerciantes entraran en pánico y vendieran. Husk agrega que la venta de Bitcoin llevó a que su precio cayera al nivel de Fibonacci de 0.618, que se ubica en el nivel de precio de $ 33,972 cuando los vendedores tomaron el control del mercado.

Sin embargo, el nivel de precio de $ 34,000 se ha establecido como un fuerte soporte con la confluencia del 100MA. El analista afirma que este es un momento crucial para que dominen las presiones alcistas porque si el impulso bajista continúa, el precio de Bitcoin puede volver a caer al nivel de $ 31,000 a $ 32,000.

Morgan Stanley holds over $ 300 million in BTC

Morgan Stanley bought an additional stake in Microstrategy.

Morgan Stanley now owns 10.9% of Microstrategy

Morgan Stanley’s 10.9% stake in Microstrategy is equivalent to over $ 300 million worth of Bitcoin.

It looks like another financial entity got on the Bitcoin train, but through an indirect purchase of BTC.

Morgan Stanley, one of the world’s largest financial institutions, recently announced the additional acquisition of Microstrategy shares. The purchase brings his stake in the company to 10.9%.

This stake also means Morgan Stanley owns 10.9% of Microstrategy’s Bitcoin treasury. This allows it to indirectly hold nearly $ 300 million in Bitcoin Superstar at its current price.

Do banks want bitcoin?

Morgan Stanley already has a stake in Microstrategy. However, this addition increases it significantly. As a multinational investment bank, this purchase is an important sign of Morgan Stanley’s outlook on Bitcoin as it represents a very large portion of Microstrategy’s current reserve cash. This purchase shows that even banks like Morgan Stanley are increasing their exposure to Bitcoin. This idea might have sounded like a fairy tale last year.

Is Microstrategy Setting a New Standard in Bitcoin?

Microstrategy was the first major publicly traded company to actively convert part of its reserve cash into Bitcoin. Many mainstream observers sharply criticized this decision at first. Citigroup, another investment bank, initially downgraded its outlook for Microstrategy’s share price. They believed the move would seriously damage investor confidence in the company.

Citigroup was wrong in its forecast. Bitcoin’s price continued to rise along with Microstategy’s holdings of BTC and its overall market performance. Over the past year, MSTR stock has risen by over 350%.

Microstrategy CEO and Bitcoin Bull Michael Saylor led the company to BTC. Saylor was initially skeptical of Bitcoin, but the mix of Bitcoin’s fundamentals and the global economic and social conflicts caused by covid caused him to change his mind.

One of the main factors for Saylor is the increase in the rate of inflation observed by fiat currencies around the world. He sees Bitcoin as a store of value and a better hedge against inflation than gold. As such, he decided that it would be best for Microstrategy to convert part of its cash reserve of US dollars into Bitcoin.

After an initial Bitcoin purchase of several hundred million dollars, Saylor decided that Microstrategy needed even more Bitcoin. The company then raised $ 650 million through a debt offer. This catapulted Microstrategy’s Bitcoin purchases to over $ 1 billion in total . Currently, the stake is valued at around $ 3 billion. Many other companies have since followed suit. Companies like Mass Mutual, Skybridge Capital, and Ruffer invest hundreds of millions or more in Bitcoin.

Former Trump business consultant: Bitcoin lacks market integrity

„The very aspects that make it a strong asset class could seal its failure,“ says the former Goldmann-Sachs president.

Gary Cohn, former president of Goldman Sachs and former senior economic advisor to Donald Trump, believes Bitcoin Champion may not be a long-term prospect for investors.

In an interview with Bloomberg, Cohn said the crypto asset lacks transparency and „the basic integrity of a real market. He said that investors might question such a system, „which has no audit trail“.

„The very aspects that make it a strong asset class could seal its failure,“ Cohn said of Bitcoin. „The integrity of a system includes certainty about who owns it and certainty about who owns it and certainty about why it is being transferred.

The former president of Goldman Sachs spoke about Bitcoin (BTC) and Blockchain after his resignation from his position in the Trump government in 2018. Since then, he has been a consulting staff member of the blockchain technology company Spring Labs.

After the 2017 bull run, Cohn said he was „not a big fan“ of Bitcoin. But he still sees potential in blockchain technology. At the time, Cohn believed crypto would play a role in the future of finance. But a global token that is „easier to understand“ than Bitcoin would probably play a role. He cited mining costs as a potential aspect that could cause confusion among investors.

According to Coinbase, BTC had just recently officially surpassed its previous all-time high of $19,892 according to Coinbase. After reaching this critical level, some whales sold some coins, probably causing the slight decline that followed. The BTC price at the time of going to press was around 19,000 US dollars.

Libra changes its name to Diem: Hope for a new image

The project hopes to improve its image with a new name after many regulatory difficulties with the Libra.

According to a press release on Tuesday, the Libra Association is changing its name to Diem Association.

This change is probably due to the hope that it will improve its image. Facebook originally announced its global Stablecoin Libra in June last year. This immediately caused a stir among regulators. The project has been under fire ever since. Facebook’s involvement is particularly controversial.

The new name uses the Latin word for day, as in „carpe diem“. The press release of the association after the announcement roughly suggests that the image of the project has to be changed:

„With the change of the name to ‚Diem‘ a metaphorical new day for the project should begin. The Diem Association wants to continue to build for a secure, protected and compliant payment system that supports people and businesses around the world.

Just last week, the Libra Association announced that it would launch a version of the Libra pegged to the US dollar in January. With this, the association wants to appease the regulatory authorities in the USA. These were against the Association gaining full control over the „basket of currencies“ that was originally intended for the project.

Stuart Levey, CEO of the Diem Association, said: „We are pleased to introduce Diem. A new name that signals the growing maturity and independence of the project“.

Top Analyst: Bitcoin is 65% unlikely to crash

Bitcoin’s interrupted rally has increased the likelihood of a major pullback, according to independent analyst Vince Prince.

The TradingView.com author writes that there is a 35 percent chance that Bitcoin price will fall soon. He cites a textbook technical indicator that predicts declining reversal patterns.

The pattern known as „head and shoulder“ appears during an asset’s uptrend. Traders acknowledge it when they see three highs forming on a support-like baseline.

The middle peak is higher than the other two, so that it looks like a head hanging over two shoulders on each side – hence „Head and Shoulder“

The H&S patterns typically end in a breakout below the baseline, with a downward target well below the structure’s maximum elevation. Prince comments that Bitcoin forms a similar technical setup, with the left shoulder and head fully confirmed and the right shoulder partially fixed.

„Bitcoin is already being traded in overbought zones,“ he adds. “That doesn’t mean that it can move higher and make new highs. However, the downward prospect should by no means be underestimated. Bitcoin moves in zones in which a rapid reversal and change of direction can be established more easily. “

If the H&S pattern is valid, Bitcoin risks being about $ 1,600 below its baseline (the level between the high and the support). The yellow area in the graph above shows the ideal target area for the H&S outbreak.

What risks Bitcoin is exposed to

Prince’s bearish outlook for Bitcoin received involuntary support from the cryptocurrency futures market. According to Glassnode, the average „funding rate“ across all Bitcoin exchanges has risen to levels suggesting that traders may have been over-leveraged through open-ended contracts.

Measured every eight hours, the refinancing rate shows the cost of holding a bullish contract, that is, a long position. A positive value indicates that bulls are paying bears.

This increases the value of the perpetual contract via the Bitcoin spot rate. Hence, a very high refinancing rate signals that leverage is unduly skewed in favor of the bulls. It is an overbought condition.

An event of a pullback in the cash market can lead to massive long liquidations, which can lead to more price declines and higher volatility.

The optimistic perspective

However, Prince also believes in a limited corrective downtrend. He writes that Bitcoin could find support at the H&S neckline in order to rise higher again – and that could invalidate the entire trend reversal theory as a whole.

Vince’s conclusion:

„Since Bitcoin still has solid supports [near] the 65 EMA and the blue horizontal support, the bullish breakout has a greater 65% probability“

Its upward outlook sees Bitcoin at over $ 19,000.

Bitcoin investor types: hodlers, traders and criminals

The crypto ecosystem is diverse and combines very different types of investors. A look at cryptocurrencies through the psychological lens.

The various buyers of Bitcoin and Co.

There are roughly four types of people who buy cryptocurrency. The first is the genus Hodler. These are people who have a deep understanding of the underlying blockchain technology and who remain loyal to their coins forever. Hodler are there for the long term – be it to the moon or to the bottom of the valley.

The second type of people who buy cryptocurrencies are retail investors. These are the people who tend to be more trending and stumble into the crypto market with short term investment strategies. When cryptocurrencies like Bitcoin Pro platform rise, they quickly jump on the bandwagon. But if the hoped-for profits fail to materialize and the market consolidates, they exit just as quickly and liquidate their assets.

The third type of people who buy cryptocurrency are institutional investors. These can be hedge funds, investment firms and banks, or public figures such as Twitter CEO Jack Dorsey. The reason Dorsey is included on this list is that he is unlikely to personally call Bitcoin exchanges like Coinbase or Binance and buy cryptocurrency through them. He is much more likely to buy through an OTC counter with an intermediary such as a financial advisor. These people get on and off the train according to their needs and budget.

The fourth type of people who buy cryptocurrency are criminals. Unfortunately, in the eyes of many people, cryptocurrency, and especially Bitcoin, are linked to illegal activity. While criminals use Bitcoin for their activities (especially hackers), they tend to turn to privacy coins like Monero , which better protect their privacy. They also make up an ever smaller percentage of crypto users as more and more people hold digital currencies overall.

The psychology of the crypto trader

The crypto market never sleeps and that has a similar impact on people who actively trade cryptocurrency. Investors can only protect themselves from the highly volatile price events with stop-loss and other useful tools that can be found on most crypto exchange platforms.

Then comes the problem of crypto custody. While buying, trading, and storing cryptocurrency is easier than ever, it is still far from being a process that can be quickly learned by an inexperienced person. Even for experienced cryptocurrency users, the notion that a single mistake in a wallet address could result in the loss of the coins being held can be very scary.

The future of cryptocurrency en

People who own cryptocurrency are all waiting for the day when crypto will finally become a common concept. The reality is that this will not happen until a healthy balance between regulation and freedom has been struck, either internally within the cryptocurrency community or with government support. In addition, cryptocurrencies must be better explained and marketed for outside interested parties.

Fortunately, these issues are gradually resolved over time. How quickly these processes take place is ultimately up to us. Trench warfare between supporters of different projects and coins stand in the way of the great goal of global crypto adaptation. Rather, the community should network and jointly announce the happy crypto message to the world.

Italian man arrested for using airport systems for ETH mining

You can’t just mine cryptomorphs for profit using other people’s systems without them approving it

An Italian airport employee supposedly used the computer systems at his workplace to mine Ethereum ( ETH ).

An employee at an airport located in the Italian city of Lamezia Terme, the employee allegedly planted mining malware in the airport’s computer systems, a press release from the Italian media Rai News said today.

The official said he had installed several mining platforms on site, taking advantage of the airport’s back-end systems in the process. The authorities ended up catching the culprit via a security camera.

The technical services provided by Sacal Global Solutions oversee the technical structure of airports in the Italian region of Calabria. The airport employee, 41, is believed to have accessed Sacal’s systems to install mining malware. The official’s actions have put the airport’s back-end systems at risk, the statement added.

„The researchers, with the collaboration of airport authorities, analysed the computer network partitions within the hub, discovering the presence, in two separate technical rooms, of a real ‚mining farm‘ […] connected to the external Internet through systems dedicated to managing airport services and powered by the airport’s electricity supply,“ reported Rai News, adding:

„The investigations, coordinated by the Lamezia Terme Public Prosecutor’s Office, were carried out with technical activities that made it possible to examine the IP addresses associated with the machines installed, to identify the site of the ‚Ethermine‘ pool (used for ‚mining‘ the cryptomeda Ethereum) and to monitor the site. „

Cryptomime mining malware is not an unusual threat in the industry. Near the peak of the last encryption market in January 2018, this malware is believed to have affected 55% of the world’s businesses.