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Crypto analyst and trader Michaël van de Poppe is expressing bullish sentiment on Bitcoin as 2022 comes to a close.
According to the cryptocurrency analyst, BTC could surge by about 108% from current levels should it take out the diagonal resistance of the falling wedge pattern.
“We are looking at a falling wedge structure for Bitcoin that you clearly want to see breaking out in 2023. And once we do break out of that, we’re going to have to have a rally towards $35,000.”
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TimeStamps: (Check back later)
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3vc4xVc
✔ Judge Pulls Out of SBF-FTX Case: https://bit.ly/3VvtmpW
✔ Public Bitcoin Mining Companies Plagued w/ $4B Debt: https://bit.ly/3FSQOrl
✔ Is Bitcoin Bottom In? https://bit.ly/3HVVFdT
✔ Bitcoin $100K in 2023? https://bit.ly/3HYOP7m
✔ Bitcoin Primed To Explode by Over 100%: https://bit.ly/3WzUzZy
🔴 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
Facebook, Microsoft, Boeing, and Others Are Investing in the Metaverse
The Metaverse is a virtual world where you will be able to communicate, work and relax. It will have color, texture, dimensions, avatars, and a digital identity that will enable you to participate in interconnected experiences.
Some companies are investing in this new type of virtual world. Facebook plans to invest $10 billion in the Metaverse this year.
There are three different perspectives of the metaverse: it can be a centralized virtual world, a decentralized virtual world, or it can be a blockchain technology. This has led to questions regarding how it will function.
If the Metaverse becomes a centralized virtual world, it will provide companies with a new way to expand their market. They will be able to create digital content, products, and services that customers can engage with.
On the other hand, if the Metaverse is decentralized, it could provide customers with access to products and content without any interference from companies. However, there are also risks to investing in the Metaverse.
In the past few weeks, the crypto community has expressed a concern that tech giants will dominate the Metaverse. Several prominent figures in the crypto industry have spoken out about the potential threats of this trend.
Microsoft has announced plans to develop a virtual world on the Metaverse. Users will be able to create their own avatars and work in an immersive 3D holographic environment.
Boeing is also experimenting with the metaverse. The company plans to build a digital space for its employees to use to improve collaboration and production capabilities.
