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The analyst who called the May 2021 crypto market collapse says there’s now a case to be made for the king cryptocurrency (Bitcoin) to rally its way to the $135,000 level.
The closely followed pseudonymous analyst known as Dave the Wave tells his 96,000 Twitter followers that based on one theory, BTC could top out roughly 229% above current price levels about a year from now.
By drawing straight, long-term trend lines through each Bitcoin bull cycle, Dave the Wave identifies each cycle’s bottom, top, and bear market bottom.
“One for the bulls.
The ‘BBT’s project a 135K target mid next year~”
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3uIsSCk
✔ Brazil Approval of Bitcoin Law: https://bit.ly/3uQhZyN
✔ Inflation Will Wipe Out US Economy: https://bit.ly/3KI7pix
✔ $135K Bitcoin Prediction: https://bit.ly/36cwaEA
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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What is the Metaverse?
What is the Metaverse? It is a virtual world that parallels IRL life. In this world, we will find digital communities, parks, and neighborhoods. In the future, we may even have an AR overlay to view the physical world. Currently, most platforms tie your virtual identity to just one platform. This could change if you built a metaverse that allowed you to copy your avatar from one social network to another. Here are some examples of possibilities.
Sandbox Interactive is a blockchain-based metaverse that allows players to create and monetize their virtual experiences. Players can own virtual land and purchase virtual objects to sell on the platform. Sandbox Interactive provides a crypto wallet that allows users to govern their virtual space. They can earn money by designing and marketing experiences. This will create a new type of work from home opportunity for the people who use this new digital space. Currently, the metaverse has over 15 million active users.
Microsoft is building its own metaverse. In fact, it plans to make it available to users of its Teams collaboration software as early as 2022. A metaverse could be a combination of software and hardware, data centers, and blockchain technology. If this technology can be successful, it could change the way people communicate with each other. While a metaverse might be difficult to envision today, it has already created some interesting experiences. With the advent of virtual reality, we will be able to experience human interactions, workplace relationships, and social events in a more realistic way.
