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A crypto analyst who correctly called the Bitcoin’s collapse last year is predicting a Santa Claus rally for the king crypto (BTC).
The pseudonymous analyst Dave the Wave tells his 131,100 Twitter followers that Bitcoin looks poised to take out the horizontal resistance of an ascending triangle pattern.
“BTC Xmas rally on the cards…”
Dave the Wave also says that Bitcoin could ascend to $350,000 by December 2027 based on his logarithmic growth curve (LGC) model.
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TimeStamps: (Check back later)
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3Hcs6o3
✔ BTC Difficulty Drop: https://bit.ly/3P6IvMv
✔ Michael Saylor on FTX: https://bit.ly/3P5bPmI
✔ Strike Partners with Bitnob: https://bit.ly/3iB39Ix
✔ 10 Bullish Catalyst for Next Year: https://bit.ly/3h6Fgs2
✔ Bitcoin Christmas Rally Imminent: https://bit.ly/3h5vaYs
🔴 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?
Earlier this week, Facebook CEO Mark Zuckerberg announced $10 billion in investments to build a Metaverse. He described it as a “shared virtual platform” that allows users to create digital worlds using augmented reality technology. It also enables users to interact with others anywhere in the world, regardless of time or place.
The Metaverse is a shared virtual world that allows users to create and interact with virtual avatars. It also includes a currency similar to the one that Facebook uses for its apps. These currencies will allow users to earn money by playing games. They will also be used across various apps and services.
The concept of the Metaverse has been around for years, but it has been gaining steam recently. It promises a new kind of internet addiction, and has the potential to change the way we work and interact. It will also erase barriers between developing and developed economies.
Several different metaverse projects have been developed, some using blockchain technology. The most popular are Decentraland and SecondLive. Several other large firms have begun marketing their products on these platforms.
Some of these projects have already begun building communities. For instance, Decentraland has built a community that includes investors such as Robby Yung, CEO of Animoca Brands. Another major shareholder is NBA Top Shot creator Dapper Labs.
Some of these currencies are still very new, so it’s hard to say how they will develop. However, it is important to understand how they work.
