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The crypto trader who correctly called the Bitcoin collapse in 2018 is unveiling what he thinks is the king crypto’s (BTC) absolute bottom.
In a new strategy session, veteran trader Tone Vays tells his 123,000 YouTube subscribers that he believes Bitcoin has “very likely” established a bear market bottom when it printed a fresh 2022 low of $15,546.
“We can have a capitulation down to $11,000 and still hit $100,000 next year. Because a lot of Bitcoin is about to go into cold storage because people can buy it on the cheap.”
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TimeStamps:
00:00 Trending
02:00 Market Watch
03:50 Bitcoin Technical Analysis
06:55 FTX Bankruptcy Over 1M Creditors
11:08 FTX Hacker Still At It
15:22 SBF Puff Piece by NY Times
18:30 Edward Snowden Feels BTC Itch
21:34 Bitcoin Prediction
24:38 Live Q&A
Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3X1boNQ
✔ FTX Bankruptcy Over 1M Creditors: https://bit.ly/3TBXrmr
✔ FTX Hacker Still At It: https://bit.ly/3X56RtB
✔ SBF Puff Piece by NY Times: https://bit.ly/3O89F5i
✔ Edward Snowden Feels BTC Itch: https://bit.ly/3TMdu1q
✔ Ultimate BTC Bottom Prediction: https://bit.ly/3hIuEPY
✔ $96K Bitcoin Prediction in 2023: https://bit.ly/3tyhsQw
🔴 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 #btc #cryptonews
Facebook’s Metaverse
The metaverse is a place that exists independently of the real world. It is populated by avatars and NFTs. It is often associated with cryptocurrency and other forms of digital economy. Its primary function is to provide a means for virtual representation of legitimate ownership. The metaverse today looks like Fortnite, Roblox, and other videogames. The only real difference is that the latter require the use of VR goggles.
The concept of a metaverse is a hot topic for Facebook and other technology companies these days. Mark Zuckerberg has recently announced plans to create an entire digital space where users can interact regardless of time or location. Eventually, people will be able to work, communicate, play, and relax in the space. Many believe that this is the next big leap in modern technology.
The concept behind metaverse-based cryptos is very similar to that of traditional cryptocurrencies. Participants in the project can import existing cryptocurrencies, or create new ones. They will then use these to operate the infrastructure of the metaverse. There are several different types of metaverse-based cryptos, including IBAT, SAND, and MANA.
Zuckerberg believes that the metaverse will be the next mobile internet, enabling users to create digital worlds of their own. He has teased that Facebook would support NFTs, or “near-future” technologies, and announced earlier this week that it would invest $10 billion into the Metaverse this year. Other prominent figures in the crypto world have also expressed similar sentiments. Among these is Raoul Pal, a former hedge fund manager who is an outspoken crypto enthusiast.
