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The king crypto Bitcoin still risks a drop to below $7,000 in this bear market, the latest worst-case scenario prediction warns.
The most recent in a series of BTC / USD forecasts, Decentrader co-founder Filbfilb mapped out a potential sub-$10,000 dip on the cards for the pair.
“In my worst case scenario, I think that would be probably where we end up, like oldschool, rock-hard support,” he said about a bidding zone around $6,500.
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3GN1dXq
✔ Litecoin Technical Analysis: https://bit.ly/3VbdbOW
✔ Verify Bitcoin on Binance via Merkle Tree: https://bit.ly/3AO6M4h
✔ SEC Corruption: https://bit.ly/3F3vRdO
✔ Binance Proof of Reserve ‘Pointless w/o Liabilities: https://bit.ly/3U7W8w6
✔ Cathie Wood $1M Bitcoin Prediction: https://yhoo.it/3U8okPe
🔴 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 #btc #cryptonews
What is the Metaverse?
Whether you’re an investor or a crypto enthusiast, you have probably heard the term “Metaverse”. It refers to the merging of virtual and augmented reality worlds. It will allow millions of users to interact with each other in multidimensional ways. It will be accessible through mobile devices, desktop computers, and headsets.
There are many companies in the metaverse space. Some of the most popular include Decentraland, Axie Infinity, and SecondLive. But there are also many others on the horizon.
Metaverses are created through crypto-asset protocols. These protocols make it possible for individuals to own virtual land without a central authority. These protocols also allow for the creation of unique tokens. These tokens can be sold or exchanged for real-world value.
One of the most popular metaverses is Decentraland, which is based on the Ethereum blockchain. Decentraland has built a community and a regulated platform that allows players to monetize the time they spend in the Metaverse.
There are also several larger companies that are marketing their products and services on the Decentraland platform. One of these is Subnation Media, which is a e-sports entertainment holding company. They have partnered with NASCAR to develop virtual experiences.
Another big-tech company that’s planning on entering the metaverse space is Facebook. Facebook CEO Mark Zuckerberg recently announced that the company will invest $10 billion into the Metaverse this year.
However, Facebook may be a threat to the community-run metaverse. Zuckerberg has said that the company is committed to creating its own version of a Metaverse.