How Difi is beneficial for Crypto Investors ? DeFi is attractive because it breaks down big business models. Profit sharing, equity ownership & financial transactions which were inaccessible to 99.99% of the world, have just been opened up to all. But with power comes responsibility... tread carefully. It's the wild west. There are definitely similarities. Most of these tokens will probably go to zero. Key difference though: - 2017: was all whitepapers, no working products.…
Bitcoin Trading Analysis : Important Updates As per Technical Analysis Bitcoin may soon extend Wednesday’s price pullback, there’s increased selling pressure in the market. While the top cryptocurrency by market value fell by 4% , it defended the long-held support zone of $11,100–$11,200. https://www.coindesk.com/price/ Exchange platforms witnessed an inflow of 92,000 BTC , the biggest-single day rise in 37 days. https://www.coindesk.com/price/bitcoin "Inflows surged as…
Crypto Update : Ethereum Technical Analysis $ETH OBV is surprisingly bullish. Was expecting it to looks worse but when looking at it with fresh eyes I almost want to say we see $500 again. Nice breakout and re-test. This isn't what a top usually looks like for OBV. Until this breaks up, I'm counting on lower In the 2012/3 and 2016/7 bull markets, bitcoin only once (2012) closed below the 20 week EMA. Price hit the 20 week EMA today and popped right back up. Bull market is…
Crypto Update : Important Bitcoin and Ethereum Analysis ****Bitcoin Technical Analysis**** : Bitcoin price declined over 15% in the past few days and it tested $10,000 against the US Dollar. BTC must stay above $10,000 to avoid more losses and a medium-term downtrend. Bitcoin is trading well below the main $10,800 and $10,500 support levels. The price even spiked below $10,000 and settled below the 100 simple moving average (4-hours). There is a steep bearish trend line…
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Crypto Update : Important Technical Analysis Be long in the face of adversity... Trading Crypto with Swing Trader Over the weekend, ETH was literally getting taken to the slaughterhouse, down almost $100 at one point. DeFi tokens also getting smoked (no surprise, what goes up must come down eventually). On the other hand, BTC was holding up relatively well, trading above the $10K level. With the current weakness, puts were the flavour of the week, resulting in implied…
Wild Beauty : Rare Blue Snake Sitting On A Rose https://youtu.be/HGb3eadflIc A rare bright blue snake sitting on a beautiful red rose on its uncommon beauty. The striking blue snake was known as the 'blue pit viper' and it is a very rare species. It is variety of the white-lipped island pit viper found in Indonesia and East Timor, the blue pit viper is not as innocent as it looks in the video, instead it's a very aggressive and venomous snake whose venom can cause severe…
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