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One crypto analyst maintains a contrarian bullish stance on Bitcoin for the rest of the year despite a dramatic drop from all-time highs.
The closely followed cryptocurrency analyst Credible Crypto tells his 336,000 Twitter followers he foresees BTC hitting all-time highs (ATHs) in the next six months before the real bear market begins.
“Still expecting a new ATH and six-figure BTC by 2023 and believe we are likely back on our way down in 2024-2025 and in the depths of a bigger bear market than most have ever seen at that point.”
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3OTSjIN
✔ Elon Musk to Terminate $44B Twitter Deal: https://bit.ly/3IraQtK
✔ Biblical BTC Pattern Suggest 30% Surge by Oct: https://bit.ly/3aotPbK
✔ FTX CEO Believes Crypto Bottomed Out: https://bit.ly/3uAkaWi
✔ Unexpected Bitcoin Rally This Year Prediction: https://bit.ly/3IsxqlN
🔴 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.
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The Metaverse – The Future of Social Media and Cryptocurrencies
When you think about the concept of a virtual world, you probably think of Facebook or other social media platforms. In the virtual world, however, it is much more expansive. For example, a virtual world could be a real estate website. In the metaverse, you could collaborate with AI avatars. You could share ideas and experiences with coworkers, or you could simply work from home using your virtual reality headset. There are many uses for the metaverse.
It may take years for the full potential of the metaverse to be realized, but it is already starting to appear. With adequate funding, brilliant employees, and the potential of monetization, the technology to create this world is ready for prime time. For creators, this could mean new ways to monetize their work. Meta has announced new tools that will allow them to earn money. The changes will impact social media platforms like Facebook and Instagram. In the near future, it may even make the future of workplace communication immersive.
With so many opportunities for the metaverse, cryptocurrencies like Decentraland and The Sandbox could help create an online community. Meanwhile, Enjin, an Ethereum-based blockchain, has huge potential to be used in virtual worlds. Video game companies have been leading the way with the Metaverse, with Epic Games, creators of Fortnite, recently securing $1 billion in funding. Another company, Roblox, has detailed its vision for the metaverse, stating that the online world will eventually host millions of 3D experiences.