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HEX founder Richard Heart predicted exclusively to Watcher Guru in May 2022 that Bitcoin will crash to $11,000. At the time of his prediction, BTC was trading at $29,915, and four months later now, it is at $19,000.
Watcher Guru reached out to the crypto tycoon again if he still believes that BTC is headed towards $11,000. Heart doubled down on his predictions claiming that Bitcoin will crash to $11K dipping 85% from its all-time high of $69,044, which it reached in November 2021.
βBitcoin will continue to fall down to $11,000 as long as the grayscale discount to NAV exists. Itβs the normal 85% price dip Bitcoin does. Mt GOX coins being released is more potential sell pressure,β he said to Watcher Guru.
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Show Notes / News Resources:
β Bitcoin Technical Analysis: https://bit.ly/3Bg8njS
β Russia to Legalize Crypto Cross Border Payments: https://bit.ly/3wXgiQm
β Ethereum Merge Hard Fork: https://bit.ly/3BhWgTC
β $Bitcoin $11K Prediction: https://bit.ly/3cPyhBI
π΄ 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.ββββββββ Always do your own research and never invest what you cannot afford to lose.
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The Metaverse – Facebook, Instagram, and WhatsApp All Changed Their Names
The metaverse, coined from the words “meta” and “universe,” is a shared digital space that connects and expands upon our physical world. Within its walls, we can interact with each other, gather with others, shop, and explore new ideas. Metaverse has the potential to revolutionize the way we interact with the world around us.
With its huge financial firepower, Meta is poised to dominate the metaverse, much like it has already done for social media. While Meta has yet to respond to Insider’s request for comment, crypto enthusiasts are worried that the metaverse will become just another app store for large tech companies. Here are some things to keep an eye out for:
Metaverse has received a lot of buzz in the last few weeks. Facebook, Instagram, and WhatsApp recently renamed their social networks as “Meta.” Mark Zuckerberg has described the new digital space as “the next generation of the internet” and has his eye on Facebook becoming a metaverse company. However, the name change hasn’t had a dramatic impact on the price of Facebook stock.
The metaverse has its origins in the science fiction novel Snow Crash by Neal Stephenson. In this fictional world, users can connect with each other by using virtual reality and other technologies. In a similar way to Avatar or Ready Player One, the metaverse allows for full immersion into the digital world. The concept works closely with cryptocurrency, which can be used to purchase digital assets in the metaverse.