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A widely followed crypto strategist is expressing long-term bullish sentiment for Bitcoin as the next BTC halving approaches.
The host of cryptocurrency YouTube channel InvestAnswers tells his 444,000 YouTube subscribers that Bitcoin could rally by nearly 380% from current levels en route to printing a new all-time high at the top of the next bull market.
“I’m sticking with a much more conservative price of $80,000 for the next cycle. That would be sometime in the year 2024.
I do believe we could hit about $61,000, $62,000 by April 2024 – and that is right at the halving of April/May 2024.”
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3PLNjHw
✔ FTX, Alameda execs plead guilty to fraud charges: https://bit.ly/3WxfD2s
✔ Ripple CEO on Wells Fargo billions mismanagement: https://bit.ly/3Gf8ted
✔ Brazil Signs Bill For Bitcoin Payments: https://bit.ly/3Q1LW81
✔ Guggenheim CIO Warns of a Crypto ‘Washout’: https://bit.ly/3WhTVjt
✔ How High Bitcoin Could Soar at the Top of Next Cycle: https://bit.ly/3jmJBbs
🔴 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 a Metaverse?
A metaverse is a persistent, digital universe. It allows users to interact with others through an online avatar. They can work, play, or create art.
The concept of a metaverse has been around for years, and is growing in popularity. However, some people worry about the risk associated with investing in this kind of technology.
Metaverses have several components, including an online avatar, a currency, and a virtual world. These elements allow users to enter the metaverse through a VR headset or virtual reality accessory.
NFTs (non-fungible tokens) are a vital part of the metaverse, as they facilitate various gaming functions and make it possible to establish digital ownership of items in the metaverse. In addition, they are a key element of the economy of the metaverse.
Tokens can be sold or traded, as well as used to attend events or to open a club. NFTs are also used as passes for other planets and destinations.
One of the companies leading the way in metaverse technologies is Microsoft. The company has invested in gaming for years, and believes that immersive gaming experiences can be created through games such as Mojang.
Microsoft plans to build its own metaverse, which will be integrated into its Teams platform. This will enable workers to learn more quickly and meet their needs through avatars. Eventually, the company wants to create apps that can be used for business, education, and other purposes.
Another major player in the metaverse game is Facebook. Its decision to rebrand itself as Meta Platforms has catapulted the tech concept into mainstream consciousness.
