As I said in the previous post, this is what happened and I expect the same scenario. I think the year will be very volatile, first half a year up then down. Now many people didn’t get on yesterday’s pump, they will start entering and there will probably be a correction on altcoins for the next few days For all those who want to short bitcoin . you will not...
It's been a while since I posted a bitcoin chart. I've been saying since November that this is the bottom and here we saw the growth, breaking all the resistance lines. Against this backdrop, all altcoins made a minimum of x2. The AI sector did much more, as said. What's next, we should see a correction, it makes sense. There are a lot of greedy people in the...
Frankly the chart looks like a piece of ... Aurora is an Ethereum Virtual Machine (EVM) on the NEAR Protocol blockchain. It delivers a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable, and future-safe platform with low transaction costs for their users. Website: aurora.dev How is Aurora...
What is NEAR? NEAR is an L1 blockchain that uses Nightshade, a unique segmentation technology, to achieve scalability. It was launched in 2020 as a decentralized cloud infrastructure to host decentralized applications (DApps). NEAR offers interconnectivity through Rainbow Bridge and the L2 Aurora solution. Users can transfer ERC-20 tokens and assets from...
In these charts I showed the bottoms of the SP500 in 1970, 1975, 2003, 2009 and a potential bottom in 2023. After each impulse from the bottom upwards you can see a small correction, but afterwards still continue to rise. My point with this analysis is that I don't see a deep dive down. But getting carried away with big leverage or all-in right now in this stage...
What is the first thing that comes to mind when we talk about the '70s? Hippie culture, perhaps? Or the release of The Godfather? If you ask economists, they will say unequivocally: the U.S. crisis of the 1970s. Tax cuts, funding for social programs, and the Vietnam War all ramped up inflation in America to 15%. At the time, a key rate hike by the Fed led to a...
Potential trends and my thoughts on the future - 1. Increased Crypto Regulation 2. I'll start by explaining what L0, L1, L2, and L3 are: L1 - Transactions L2 - Closing problems of L1 L3 - Applications/Infrastructure for Applications L0 - Cross-chain infrastructure *L1 solution cannot be fast, scalable, and decentralized at the same time. Protocols L1:...
A new concept of Proof of Physical Work consensus Proof of Physical Work protocol encapsulates real-world use cases. The blockchain protocol rewards users for performing verifiable physical work like deploying a 5G hotspot etc. As examples of similar projects Wireless Network: Hellium Pollen mobile Provide token rewards to participants (hotspot...
Mimblewimble, Litecoin's newest network upgrade activates on the 19th of May 2022 We look at the logarithmic chart LTCBTC is trading near the lower support line of the descending channel, against the backdrop of good news, I expect a rebound to the middle line of the channel, and possibly even to the channel resistance line. Current LTC price 70$ Best regards EXCAVO
While you were all watching the grandma on the plane measure the size of the genitals with the Chinese grandfather, hackers gained access to the funds of the owners of Solana wallets, stealing millions of dollars. There is a full-fledged epoch-making economic war. Life is the desire of some organism to adapt its expectations to the objective reality. The ability...
Currently, we are observing a candlestick formation of the trend continuation - Falling three methods. Bitcoin heads to 20K. Best regards EXCAVO
The Bitcoin volatility index is near an all-time low level that is around October 2018 low. I have already compared these charts (see below). The fact is that after such a decrease in volatility, there is always a big move. The question of up or down is the eternal question of most people in the market. Locally, I think there will first be an upward movement with...
Hello friends! Looking at Bitcoin, I remember the end of 2018. When the daily volatility was + -1%. I found a lot of similar patterns by analyzing the chart. I am sure that the movement will not be identical, with a high degree of probability, we can see a short squeeze in the next 2 weeks, and after - a dive below 18 is possible. 13-14k - strong support...
Over the past two years since the corona collapse, the index has recovered 2.2X. We will likely reach the support levels indicated on the chart in the next half a year. There will be a correction, a period of recession. The markets are overheated, full of artificial money. It is influenced by the news background, the policies of the world's largest economies, the...
Tightening regulation of crypto-exchanges: - financial audit of the crypto-exchanges; - the regulator may tighten the KYC procedure; - only the verified users will be able to trade. The unverified accounts will be blocked. People will have to provide evidence to prove the origin of funds. This may apply to already verified users too. Unverified accounts are the...
We see a leading expanding diagonal. The target zone of five waves intersects with the support line of the higher timeframe. Wave rules are complied. Further, we expect a rollback towards the resistance line - wave B and a subsequent correction - wave C. A potential black swan that could happen would most likely be due to Russia's nuclear war blackmail. Best...
What we need to start an uptrend: breaking through the resistance line = trend reversal and the end of the bearish trend, which lasts more than 50 weeks, as I said in the previous global chart. Judging from the logarithmic chart, we are breaking through the global support zone and there will be a panic in the market, perhaps not only in the crypto market. We...