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An analyst who accurately called the big crypto crash of May 2021 says that Bitcoin going to its all-time high this year is not completely off the table.
Pseudonymous analyst Dave the Wave, who also predicted BTC recovering from the bear market near the $20,000 level, lists four reasons why a Bitcoin rally up to its high at around $69,000 in 2023 is not an unreasonable expectation.
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TimeStamps: (check back later)
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3F1mrPL
✔ Yuga Labs’ first Bitcoin NFT auction nets $16.5M in 24 hours: https://bit.ly/3yhLvhz
✔ First Nuclear-Powered Bitcoin Mining Facility in the US: https://bit.ly/3myLjI2
✔ Institutional Investors Move Money Out of Crypto Markets: https://bit.ly/3F2AaWv
✔ Crypto Exchange Kraken To Launch New Crypto Bank in US: https://bit.ly/41UWkE6
✔ Bitcoin Burst to All-Time High ‘Perfectly Feasible’ in 2023: https://bit.ly/3L1augC
🔴 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.
#bitcoin #crypto #bitcoinnews
What is the Metaverse?
Metaverse is a world that’s independent of the physical one, with people interacting in virtual spaces. This world uses technologies like augmented reality and virtual reality, which let people experience things as they would in the real world.
Some of these experiences are already commonplace, with games like Roblox and Minecraft leading the way. However, there is still much more to the story of the Metaverse than just these examples.
Crypto and NFT play a key role in creating a metaverse that’s backed by blockchain technology, as these tokens can be used to verify ownership of clothes, avatars and virtual real estate. NFTs also allow users to monetize their activities and earn money.
Companies, meanwhile, can create their own metaverses to market products and services. For example, Wendy’s ran a food fight in Fortnite and live-streamed it on Twitch, reaching more than 7,400 fans.
Game developers, entertainment labels and sports teams are all getting in on the action as well. Some have created digital replicas of their actual venues and events, while others are hosting concerts in the metaverse.
Businesses could also use the metaverse to promote their products and services, making it easier for customers to buy and use their goods. For example, restaurants could place their own virtual menus and create an online ordering process that works seamlessly with the customer’s local store or website.
The Metaverse isn’t going to replace the internet, but it will build on it and give companies a new way to interact with consumers. That means they will need to do their research on their new customers, and they’ll need to understand how different people behave in this shared, virtual economy.
