@Cybertheus
@Cybertheus
📊 Looks like the crypto market has stabilized The main cryptocurrency, bitcoin, has stopped in its fall and has been trading in the range of $19,000 – $21,000 for two weeks now. Technical indicators such as RSI and MACD on the weekly chart continue to show that the crypto market has signs of overbought and may be at a local bottom. #bitcoin #btc #cryptocurrency #crypto #cryptotrading #randomthoughts #noisecash
@Cybertheus
📊 Main consensus forks of Bitcoin (2009-2022) Scheme of the development of the Bitcoin blockchain and its branches. Source: https://www.reddit.com/r/btc/comments/v9dg8z/main_consensus_forks_of_bitcoin_20092022/ Original image: https://i.redd.it/jau4fhyq0u491.png #bitcoin #btc #cryptocurrency #crypto
@Cybertheus
📊 Bitcoin has stopped by $19,000 – $20,000 At the moment, the crypto market has stopped in its fall. It seems that further price cuts have been exhausted. Anyway, some technical indicators continue to point to this. If the local bottom is passed, then another local rally may follow. The crypto market has been falling for more than three months in a row. If everything goes according to plan, then at some point the trend will change. #bitcoin #btc #cryptocurrency #crypto…
@Cybertheus
📊 NFT trading volume down 94% Against the backdrop of a bear market, interest in NFTs actually collapsed. At the beginning of 2022, the volume of NFT trading on all trading platforms in total exceeded $16 billion, including NFT trading by users directly with each other. Now, at the beginning of July 2022, the total volume of trading in the global NFT market is only $1 billion. This follows from data published by The Block. #cryptocurrency #crypto #nft
@Cybertheus
📈 The crypto market rises and grows for a week The global crypto market cap grew by more than 3% in a day. Bitcoin is trading above $21,500, Ethereum is above $1,200. All main cryptocurrencies show growth per day and per week. #bitcoin #btc #ethereum #eth #cryptocurrency #crypto #cryptotrading
@Cybertheus
📊 2-Year MA shows now is a good time to buy long-term Bitcoin price remains below the 2-Year MA line. Historically, buying below the 2-Year MA has been a significant profit in the long run. Now Bitcoin, like the cryptocurrency market in general, is in a pessimistic market cycle. This signals that buying at current prices may be a good decision as a long-term investment. #bitcoin #btc #cryptocurrency #crypto #cryptotrading
@Cybertheus
📊 According to the heat map and 200-week moving average, the price of bitcoin is now at the bottom The price of Bitcoin is below the 200-week moving average. Historically, this corresponded to finding the price of bitcoin at the bottom, followed by an increase in its value. Thus, the current price of bitcoin according to this chart is «cold», that is, it has a significant potential for growth. Accordingly, finding the price of bitcoin at or below the 200-week moving average…
@Cybertheus
📈 Crypto market recovers after a long fall Bitcoin at $23,500. Meanwhile, the value of the index of fear and greed will rise to 33/100. This still means fear among market participants, but this figure is already significantly higher than it was until recently. The last time such market sentiment was recorded was in April 2022, when bitcoin was trading around $40,000. It is also worth noting that the weekly RSI is climbing from an local low of 25 to 35, which could indicate…
@Cybertheus
📊 Stock-to-Flow Model The line on the chart shows the implied price level based on the amount of bitcoin available on the market in relation to the amount mined each year. As the number of bitcoins available for mining decreases over time, the supply of new bitcoins entering the market decreases. Therefore, according to this model, the price of bitcoin will continue to grow in the future. This model is a long-term investment tool and predicts only the possible price level of…
@Cybertheus
💱 The rise and fall of one of the first bitcoin exchanges The Mt.Gox exchange launched cryptocurrency trading in 2011 and worked until the beginning of 2014, until it was hacked, stealing user funds. Mt.Gox was the largest cryptocurrency exchange, which is why its collapse hit the cryptocurrency market and the credibility of cryptocurrencies in general so hard. In 2014, during a hacker attack, 650,000 bitcoins were stolen from the balance of Mt.Gox, after which the work of…
@Cybertheus
💎🙌 Bought bitcoins, forgot about them and got rich In 2009, Norwegian student Kristoffer Koch wrote a paper on encryption. He was looking for materials on this topic on the Internet and accidentally discovered information about bitcoin. To back up his work with a practical part, Koch purchased 5,000 bitcoins, paying only $27 for them at the then exchange rate. And then forgot about this deal. And then came 2013, when bitcoin was actively growing, and a lot was written about…
@Cybertheus
📊 Confidence grows in the crypto market In recent days, crypto investors have experienced significantly higher confidence in the crypto market compared to the past few months, when the value of cryptocurrencies was only going down. The Fear and Greed Index is now at 32/100, well above recent readings. The value of this index has been going up for the past month, while the prices of cryptocurrencies have stabilized. Is the market preparing for a new breakthrough? #bitcoin…
@Cybertheus
📈 Bitcoin Cash up 25% in a week and 55% in a month Bitcoin Cash is currently trading at $160 and is well ahead of the rest of the crypto market in terms of growth. Along with the price of Bitcoin Cash, the capitalization of the coin has noticeably increased, due to which Bitcoin Cash has risen in the ranking of the largest coins from 30th to 27th place in the CoinMarketCap list. #bitcoincash #bch #cryptocurrency #crypto
@Cybertheus
📈 Bitcoin fixes at $24,000 for the first time in a month and a half The cryptocurrency market is gradually getting out of the downtrend. For 30 days, the increase in the price of bitcoin amounted to 25%. Ethereum showed a 67% increase in 30 days. Most of the other largest cryptocurrencies by capitalization showed growth over the month, on average, from 20% to 50%. For example, bitcoin cash showed an increase of 50% in a month. Looking at technical indicators such as the…
@Cybertheus
🍕 Two pizzas for 10,000 bitcoins On May 22, 2010, the first recorded purchase of a physical product was made, for which bitcoins were used to pay. Crypto enthusiast Laszlo Hanyecz bought two pizzas for 10,000 bitcoins. At the time of the transaction, this number of bitcoins was approximately $40. To complete this deal in 2010, Hanyecz posted an offer to buy two pizzas from Papa John's on the Bitcointalk forum. The transaction required an intermediary who accepted bitcoins…
