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A widely followed crypto analyst is predicting a big break out for Bitcoin after a quick retest of a lower price level. The crypto trader says that his target price for BTC remains $40,000.
“The important thing I’ve lost sight of since Bitcoin had its HTF [High Time Frame] breakout is the effect it’s had on my LTF bias. Whether the stops are triggered and we retest the HTF trend one more time near ~$20,000 or we send higher from here, the end target of $40,000 doesn’t change.”
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TimeStamps:
00:00 Trending
01:38 Market Watch
03:27 Bitcoin T.A
08:25 Coinbase cutting ties with Silvergate
10:45 UK banks HSBC, Nationwide to ban crypto purchases with credit cards
13:35 Bloomberg Warns One Catalyst Could Drive Bitcoin Prices Down
15:58 Bitcoin To Fetch ‘Biggest Gains’ Over Coming Months Based on 1 Metric
18:25 Top Trader Predicts Bitcoin (BTC) Eruption After Impending Fakeout
20:37 Live Q&A
Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3ZU4T07
✔ Coinbase cutting ties with Silvergate: https://bit.ly/3kJhfZP
✔ UK banks HSBC, Nationwide to ban crypto purchases with credit cards: https://bit.ly/3J9pYOe
✔ Bloomberg Warns One Catalyst Could Drive Bitcoin Prices Down: https://bit.ly/3md0BSI
✔ Bitcoin To Fetch ‘Biggest Gains’ Over Coming Months Based on 1 Metric: https://bit.ly/3SSFOQH
✔ Top Trader Predicts Bitcoin (BTC) Eruption After Impending Fakeout: https://bit.ly/3SOMSOb
🔴 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
The Metaverse – The Next Iteration of the Internet
Metaverse is a vision of what many computer industry experts believe is the next iteration of the internet. It would be a persistent, 3D virtual world where humans can experience life in ways they couldn’t in the real world.
The term “metaverse” was first used in science fiction by Neal Stephenson in his novel Snow Crash (1992), and has since become an increasingly popular way to describe a digital space where users can create their own avatars. It’s also been a key theme in countless films and novels, including The Matrix, Ready Player One, and other dystopian science fiction works.
Today, a number of technologies that were associated with visions of the metaverse have taken root and are becoming mainstream. They include virtual reality (VR), which was a nascent idea in the ’90s when Stephenson wrote Snow Crash, and augmented reality (AR), where a headset is placed over a user’s eyes to display a 3D version of the user’s surroundings.
While VR and AR headsets are improving, analysts say that other important components of a true metaverse, such as the technology for navigating the world’s networks and interoperability standards, may be years away. In the meantime, other companies are investing heavily in the metaverse, and even Facebook is dipping its toes into it.
The company recently unveiled a series of videos promoting the idea, and Mark Zuckerberg has also thrown his support behind it. But it remains to be seen how it will change the way we interact with our friends and family. And will the company be able to make money from it?
