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In a video using Elliott Waves, Credible Crypto thus mapped out a move to a new macro top of between $100,000 and $200,000 for Bitcoin before a drawdown which could take liquidity at $30,000 or under.
“These lows that have built up — we don’t have to take them now; we could very well continue up for the fifth wave,” he explained.
He added that there was “nothing wrong” with expecting a sweep of the lows after November 2021’s all-time highs.
“But again, based on market context and everything else that I’ve seen, I think that’s a little bit more unlikely; I think it’s a lot more likely that we leave these lows untapped and simply continue up.”
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Show Notes / News Resources:
✔ BTC, ETH & SOL To Resume Uptrend: https://bit.ly/3vDBaMr
✔ Argentina’s 2 Largest Bank Allow Crypto: https://bit.ly/3yeRkNZ
✔ $23K Ethereum Price Prediction: https://bit.ly/3vADfZA
✔ $200K Bitcoin Prediction: https://bit.ly/3MOOBig
🔴 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 #cryptocurrency #FTXPartner
How Will the Metaverse Work?
The metaverse is a virtual world where people can interact with each other in a social setting and compete for the best score. It has been described as a “global living room for millions of gamers.” It combines video gaming with blockchain technology, social networking, and mixed reality experiences. Metaverse is a revolutionary step for gaming away from closed data servers and toward blockchain networks. But how will the metaverse work? Let’s take a look at some of its key components and future prospects.
Avatar, for example, depicted the human interaction with an alien world. A combination of VR, AR, and AI allowed for the creation of the avatars. Eventually, the Metaverse will look a lot like the media it consumes, including movies, music, and video games. Users will use AR-VR headsets to enter the virtual world and can choose to play games, attend virtual concerts, or even place virtual bets on sports.
Entrepreneurs will be the driving force behind the metaverse. They will create services, produce content, and do useful things for the metaworld. They will also need a way to monetize their offerings. They can create non-fungible tokens that represent ownership of an hour session or a movie for a specific time period. Or, they can issue passes for events or even travel to a different planet. In the future, the metaverse may even be financed by cryptocurrency, allowing users to trade virtual currency for real goods and services.