Several crypto models have been created to forecast the Bitcoin market before the next macro-bullish BTC cycle. Among them is one by EgragCrypto dubbed the secrets of 20 MMA. According to the analyst, Bitcoin has to close a monthly candle above $32.3k to signal the onset of the macro bull market. The analyst mapped out similar instances in the previous Bitcoin cycles that the 20 MMA signalled a bull run.
“I am in the camp that BTC will go to $500K – $750K next cycle and my rationale behind it is that the Crypto space will be similar to DOTCOM Bubble but in the year 2026-2027,” the analyst concluded.
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TimeStamps: (Check back later)
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3ookuqU
✔ Ethereum hits 11-month high as post-Shapella withdrawals pass 1M ETH: https://bit.ly/3ofIWee
✔ SEC Commissioner Details Dissent Against Gary Gensler’s Anti-Crypto Agenda: https://bit.ly/3GNLKWi
✔ Series of Indicators All Setting Up for Altcoin Explosion and New Bitcoin ATH: https://bit.ly/3mFhlTm
✔ Analyst Who Called Bottom Last Year Says BTC ATH’s in 2023 Realistic: https://bit.ly/3MNeMcs
✔ Bitcoin Price Prediction: Here’s How BTC Price Will Reach The$750K Mark: https://bit.ly/3L3t7jE
🔴 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 #btc #crypto
What is the Metaverse?
A Metaverse is a 3D digital space that collapses virtual and real boundaries. It combines computer and mobile technologies and allows people to create and interact with a wide variety of environments that are more immersive than ever before.
Crypto, NFTs and Game
The Metaverse consists of many different platforms that are all built on top of the Ethereum blockchain. These are typically used for a wide range of purposes including purchasing real estate, buying and selling NFTs, playing games, and even running businesses.
Second Life
One of the first metaverses, Second Life is a simulated 3D world where users can adopt new personas, cultivate hobbies and meet people from around the globe. It is also a great place to learn new skills and train for specific jobs.
Facebook, Zuckerberg and the Metaverse
The social media giant is making a big bet on the Metaverse as a way to expand their e-commerce capabilities. They already have a lot of infrastructure and technologies in place, including facial recognition and augmented reality, that they can build upon to develop a more robust Metaverse experience.
Tech and Education
Companies like Gucci, Ralph Lauren and Nike have all dabbled in storefronts on the Metaverse. They can sell their branded products to people within the metaverse, and can also give users the option to purchase their products using NFTs or cryptocurrencies.
It is likely that the Metaverse will emerge from a constellation of companies, collectives and independent developers. Just like the internet, it will probably not be owned by any single company.
