BTS skyrocket soon as one of the oldest coins and first Dex coinThose who are old in crypto know very well BTS and have nice memories
The chart looks good to me as Target 1 is safe to reach I think this year 2022 and the next target probably be either end of the year or by the beginning of 2023. Do not hold more after Target two as 90% correction is possible.
Many asked for BTS analysis, and here you go.
I like how it is a very old coin and yet in most of all exchanges! if it survived all these years, then it will skyrocket again once Altseason 2022 starts. Hold and enjoy the ride. Watch in big time frames do not panic.
Best of Luck BTS veterans out there.
Btsusd
Dynamic condition of selling bitsharesHistorical interrelationship of bitshares and btc is as you see, if it is alt season, bitshares tend to finish the third wave when btc does and btc in this bull market tend to finish the third wave on 115k, as easy as hell
So now we know when to sell without knowing the price, i hope that price of bitshares is going to be 3.9 when btc is 115k and you don't know that this condition can be applied on xrp so on xrp wait for this condition and not those prices like 14, in my opinion xrp can go much higher than the extensions can offer
If you know the price of selling bitshares higher than ATH then tell me (3 in this alt season)
I am in a journey of archiving 400X_2KX in this alt season
Only entertainment
One love
BTS/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
Chart update from the 4h to daily. We've gone below the accumulation zone and have been accumulating for the past few months. Wave 1 top of the micro cycle and wave 2 bottom has been found.
sub cycle wave 1 top: 0.17
sub cycle wave 2 bot: 0.017
Wave 1 top: $1.00
Wave 2 bot: 0.010
Wave 3 top: 1.25
We have been working towards impulse wave 3, I can't predict time so who knows how long it will take. The sub cycles of wave 3 impulses are being played out with top 1 and bot 2 in.
BTS (BitShares) Coin Analysis 26/03/2022Fundamental Analysis:
BitShares is a decentralized platform designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries.
It was originally launched in July 2014 under the name ProtoShares (PTS) but was rebranded to BitShares (BTS) less than a year later.
The platform is powered by the BitShares (BTS) token, a native utility token that can be used for several purposes, including the creation of smartcoins known as “BitAssets,” which can have a variety of parameters and can represent practically anything — such as reward points, collateralized fiat-pegged tokens and IOUs.
The BitShares platform is managed by a decentralized autonomous company (DAC), which allows BTS token holders to decide the future of the platform, and decide which features to add next.
It runs on an open-source blockchain implementation known as Graphene, which is reportedly capable of processing up to 100,000 transactions per second (TPS) — making it faster than both MasterCard and VISA combined.
As of January 2021, BitShares is in the process of a relaunch, and will be going through several major changes throughout going forward.
One of BitShares’ major distinguishing features is its integrated decentralized cryptocurrency exchange platform (DEX), which allows users to trade regular cryptocurrencies, as well as more traditional financial instruments (via BitAssets) without middlemen.
Because of its native DEX and support for synthetic assets (BitAssets), BitShares is often touted as the world’s first DeFi capable blockchain.
As we previously touched on, BitShares uses distributed autonomous companies (DACs) to produce a self-governing, self-financing system that allows BTS holders to set the business rules that govern the BitShares ecosystem through a secure proposal and voting procedure.
BitShares is also one of the few blockchain platforms to completely do away with addresses. Instead, it uses simple memos to distinguish users, making it one of the more accessible crypto platforms. It is also built around a popular referral program that is used to incentivize the growth of the network by distributing upgrade fees between referrers and the BitShares network.
It was the first blockchain to use self-governed delegated proof-of-stake (DPoS) technology and has an ~3-second processing time for transactions, making it one of the fastest blockchains currently operating.
In September 2020, the BitShares platform underwent a hard fork, leading to the creation of New BitShares (NBS) — a derivative project that is not affiliated with the original BitShares. As a result of the fork, BTS holders were airdropped NBS tokens at a 1:1 ratio.
As of January 2021, there were just under 3 billion BTS in circulation. This is equivalent to 83% of the maximum BTS supply — making it highly diluted.
BitShares was initially funded by community investments totaling 5,904 BTC, as well as 415,000 Proton Shares (PTN) in 2014. At the time, this was worth around $3.6 million.
The full BTS tokenomics are not publicly available.
BitShares uses a custom delegated proof-of-stake (DPoS) consensus mechanism to secure its network. This uses a combination of witnesses and decentralized voting processes to produce a more democratic consensus system that avoids the possible negative effects of centralization.
This system reduces the need for multiple transaction confirmations, ensuring BitShares transactions can be finalized extremely quickly. Instead, delegates (known as witnesses) are responsible for producing and broadcasting blocks, with numerous safeguards in place to ensure these witnesses act in the best interests of the network.
The current CoinMarketCap ranking is #454, with a live market cap of $73,058,255 USD. It has a circulating supply of 2,994,600,000 BTS coins and a max. supply of 3,600,570,502 BTS coins.
Sentimental Analysis:
There seems to be a huge fall of BTC.D or Bitcoin Dominance coming and the Total Market cap Rise, which can be interpreted as an Altcoin Season initiation, and its confluences with the current Price to Value Ratio of some Crypto Assets, makes a good Sentimental Indication, that the Altcoins are going to pump and gain some Price Appreciations in the upcoming months.
Technical Analysis:
As this Asset has Fallen to the 90% zone of its All Time High, it seems to be undervalued and worth of investment at this level so we have used Fibonacci Tools to define 3 Up coming targets where the new Cycle will Go through in its formation so we can squire off our Positions and liquidate the holding asset to maximize profits.
There exist a Bullish Divergence of Price Action with MACD, which is a very significant sign of Bearish trend reversal and Beginning of the new cycle with the impulsive bullish trends.
there are total of 3 Targets defined with the Fibonacci Trend base Extension tools where as the 3TP gets its confirmation as the Price Touch or Crosses the 2 TP followed by some Price correction.
BTS is a undervalued! Lets dig deeper with Trend analysis + FibsIn this video we will break down market structure, trend analysis and fib extensions that allow us to peak around the corner and see where this coin can go in terms of price.
We will break down this chart using a macro perspective and identify and test significant liquidity levels using fibs and price action confluence. For me this coin is significantly undervalued and has really good fundamentals that compliment its delicious looking charts.
We can see this coin has been in a long term and in this video we break down why the recent low of this coin could be a marco higher low in a long term uptrend.
Targets for this coin are
1$ 17x from where we are.
3-4$ 64x from where we are.
This is strictly for information purposes and not financial advice.
Fundamentals copied from Coin market cap.
coinmarketcap.com
BitShares is a decentralized platform designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries.
It was originally launched in July 2014 under the name ProtoShares (PTS) but was rebranded to BitShares (BTS) less than a year later.
The platform is powered by the BitShares (BTS) token, a native utility token that can be used for several purposes, including the creation of smartcoins known as “BitAssets,” which can have a variety of parameters and can represent practically anything — such as reward points, collateralized fiat-pegged tokens and IOUs.
The BitShares platform is managed by a decentralized autonomous company (DAC), which allows BTS token holders to decide the future of the platform, and decide which features to add next.
It runs on an open-source blockchain implementation known as Graphene, which is reportedly capable of processing up to 100,000 transactions per second (TPS) — making it faster than both MasterCard and VISA combined.
As of January 2021, BitShares is in the process of a relaunch, and will be going through several major changes throughout going forward.
Who Are the Founders of BitShares?
BitShares was co-founded in 2013 by some of the cryptocurrency industry's biggest names, these include:
\ Daniel Larimer, an accomplished software engineer and the co-founder of several other prominent blockchain ventures including EOS.IO, Block.one and Steemit. Larimer is an esteemed name in the cryptocurrency space and is widely regarded as one of its leading innovators.
Charles Hoskinson, an entrepreneur and mathematician who is one of the original eight co-founders of Ethereum — the second most successful blockchain platform (behind Bitcoin). Today, Hoskinson works as the CEO of Input Output HK (IOHK), the research and development company behind Cardano (ADA).
As of January 2021, the BitShares core team consists of 17 permanent workers, supported by more than 60 long-term contributors — covering a range of disciplines including economics and legal, to systems admins and highly skilled developers.
What Makes BitShares Unique?
One of BitShares’ major distinguishing features is its integrated decentralized cryptocurrency exchange platform (DEX), which allows users to trade regular cryptocurrencies, as well as more traditional financial instruments (via BitAssets) without middlemen.
Because of its native DEX and support for synthetic assets (BitAssets), BitShares is often touted as the world’s first DeFi capable blockchain.
As we previously touched on, BitShares uses distributed autonomous companies (DACs) to produce a self-governing, self-financing system that allows BTS holders to set the business rules that govern the BitShares ecosystem through a secure proposal and voting procedure.
BitShares is also one of the few blockchain platforms to completely do away with addresses. Instead, it uses simple memos to distinguish users, making it one of the more accessible crypto platforms. It is also built around a popular referral program that is used to incentivize the growth of the network by distributing upgrade fees between referrers and the BitShares network.
It was the first blockchain to use self-governed delegated proof-of-stake (DPoS) technology and has an ~3-second processing time for transactions, making it one of the fastest blockchains currently operating.
In September 2020, the BitShares platform underwent a hard fork, leading to the creation of New BitShares (NBS) — a derivative project that is not affiliated with the original BitShares. As a result of the fork, BTS holders were airdropped NBS tokens at a 1:1 ratio.
BTSUSDT - Position with a pending sell order, at a price of 0.20Position with a pending sell order, at a price of 0.2018 x10-20
Target and stop loss indicated on the chart.
Allocate no more than 5% of the main deposit to the position
BTSUSDT - SHORTBased on technical factors there is a short position in BTSUSDT Bitshares
BTSUSDT Bitshares
Score 2️⃣
🔴Short Now or set on Key Level 0.04000
🟢Target 1 0.03800
🟢Target 2 0.03636
❌Stop loss 0.04100
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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✅BTS 💥+75BitShares (symbol BTS), formerly known as ProtoShares (PTS), is an industrial grade “crypto-equity”, peer to peer distributed ledger and network based on a Delegated Proof of Stake (DPoS) algorithm. It was created in 2014 by visionary Dan Larimer (“Bytemaster”), co-founder of Steemit, EOS and Cryptonomex. BitShares is based on Graphene, an open source C++ blockchain implementation, which acts as a consensus mechanism. Graphene is used by several other projects like Steemit.com (decentralized Reddit, blog platform), and PeerPlays.com (gaming site and token PPY) indicating real-world usage.
BitShares competes with banks by issuing collateralizing market-pegged and stable bitAssets (also called smart coins). This means crypto-based assets track real-world market assets like the US dollar denominated “bitAsset” known as bitUSD. This tracks the movements of the dollar by aggregating a variety of data sources that are maintained by the BitShares community. This Smart Coin token always has at least 200% (or more) of its value backed by the BitShares core currency (BTS), to which it can be converted at any time, as collateral in a smart-contract based loan managed by the blockchain.
A SmartCoin is a cryptocurrency whose value is pegged to that of another asset, such as the US Dollar or gold. SmartCoins always have 100% or more of their value backed by the BitShares core currency, BTS, to which they can be converted at any time at an exchange rate set by a trustworthy price feed. BitShares provides a high-performance decentralized exchange, with all the features you would expect in a trading platform. It can handle the trading volume of the NASDAQ, while settling orders the second you submit them. High performance blockchain technology is necessary for cryptocurrencies and smart contract platforms to provide a viable alternative to existing financial platforms.
BitShares BTS is considered a legacy coin as it predates most exchanges (and publications) and is responsible for the crypto trading pair concept. It’s also the first delegated Proof of Stake blockchain and uses community-elected delegates for governance.
This is the END, hold your breathe and count to ten...Well fellows, as predicted the correction is started.
1. The BTC price broke the uptrend (finally!!)
2. Apparently a head and shoulders pattern is formed
3. Momentum decreased
4. and I think price is shaping a falling wedge!
and seriously guys, bitcoin need a really serious correction to be stabilize... market is out of balance.
Targets calculated based on Fibonacci levels because i love them, and SL is a strong close above 63700,where btc breaks the shoulder.
Farewell.
BTS Intraday planBTS seems ready for a move up, all MACD are turning bullish and BB H4 are starting to open which can open the door for an impulse higher.
I'm not a big fan of playing intraday move, this one would be more as study case but can be followed for a +25% or more if the trade is kept on mid term.
Let's follow this one for today.
BITCOIN and possile scenario So we have btc/usd here and its not a good thing when you see a classic descending triangle after a long term rally. Nobody knows the future of course but I would wait for a breakout then decide to go Short or long!
While you’re reading this, check out my analysis for Crypto marketCap...






















