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Messages - juila8989

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The largest cryptocurrency by market capitalization, Bitcoin, extended its winning streak to nine days and hit an intraday high of almost $18,078.
In a recent study from on-chain analytics source Glassnode, showed how many Bitcoin investors believed there will be a rally in 2023.
Bitcoin has been trading below its realized price since September 2022, and after the FTX fall in November BTC prices dropped heavily creating new high spike in new addresses as people “bought the dip” and took advantage of the price fall.
The detailed analysis by experts of coinpedia shows the supply of Bitcoin that was profitable revealed that more traders were profitable by January 2023. Since 11.2 million BTC are in profit, indicating that they are already in private addresses.
At the time of publication, BTC price is up by 11.79% in last 7 days and trading at $18,798.10. Over the last ten days, the quantity lost has drastically decreased, indicating that a sizable sum has accumulated since the beginning of the month. Earlier Coinpedia projected that a steady rise in volumes could push the bitcoin price prediction for 2023 to $43,959.19.
 The current trade set-up flashes bullish signals as the price is preparing to move beyond $19,000 any time from now. Furthermore, on achieving $19,000, the path towards the higher targets becomes pretty clear. The next destination of the BTC price could be $20,000 and after securing above these levels, a notable upswing may uplift the price close to the pivotal resistance at $25,000 and may be by Feb we can see this

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Bitcoin price study shows that prices are continuing to rise, as expected. As the rising trend continues, the big resistance level of $17,000 was quickly resolved.



I feel December was very bad for whole crypto industry. Many are wondering if the situation will improve in the coming year. Bitcoin prices have declined due to rising inflation and interest rates. Investors are eager whether the Bitcoin will reach ATH this 2023?


Crypto analyst and trader Jason Pizzino recently warned that it is not certain that Bitcoin will reach a new record high like it did in previous bull cycles.


It Might Not Be Possible- here’s why –
Quote
Bitcoin can reach ATH only if it reach a critical Fibonacci retracement level and surpass certain thresholds. To reach this bitcoin price should cross $34,500, which would represent a 50% increase, which looks currently impossible.


Meanwhile analyst from coinpedia predicts bitcoin 2023 price prediction to be $43,959.19 on basis of the data from glassnode. According to Glassnode, the total supply held by holders has reached a new ATH of 13.62 million BTC. A balance in trade activities could settle the price at $34,412.75.


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Dogecoin / How Long Will Dogecoin Sustain Above $0.1?
« on: December 07, 2022, 10:05:35 AM »
While the market cap continues to hover above $850 billion, one wrong move may drag the price of popular altcoins like DOGE, lower. Dogecoin price has been maintaining a strong uptrend for the past 7 days and have surged to $0.1 in the early trading hours on 7 Dec.


Overall all, generally speaking, the Dogecoin(DOGE) price seems to be a significant bullish signal in the short-term however, when the bulls are exhausted an enormous drop may occur in a matter of minutes.


The doge price $0.1 is not constant and its fluctuating. Increase in price fluctuations may eventually assist the price to soar or surge. Fintech expert Coinpedia analysis for dogecoin price prediction close to year is $0.118. However, regular buying and selling pressures would leave the price at an average level of $0.075.


Therefore, the price is expected to remain consolidated until the market sentiments gear up and to watch how long will Dogecoin sustain above $0.1.

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Altcoin discussion / Will BNB Coin Hit $500 Mark in 2023?
« on: December 06, 2022, 07:30:32 AM »

Binance coin price is on roller coaster currently with after FTX drama. Binance CEO CZ, compares the collapse of FTX with 2008 fall of regulated TradFi, which had been in existence for more than 70 years.He is optimistic about the crypto market and predicts a swift and significant recovery for the sector. In same way, now altcoins have started gaining significant traction nowadays as the Bitcoin price continues to trade sideways. Binance coin expected to rise beyond the pivotal resistance very soon.


As per popular analyst, Solldy the BNB price may rise high beyond the liquidity zone very soon and can reach upto $300 in 2023.


Where as there is news about following an bearsing trend market in 2023 making a 10% dip in prices. Binance price prediction according to Coinpedia expert analyst is $275.2227 towards 2023's close. However, it could be at $246.0648 If negative sentiments remain throughout the month. The average could end up at $260.437.


How do you see this? Will BNB price surge or fall in coming 2023?

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Altcoin discussion / Is polkadot a good investment in 2023?
« on: December 05, 2022, 11:23:12 AM »
Polkadot is a peer-to-peer network, decentralized cryptocurrency, with a motive to weave all the different blockchains.
In the ever-changing cryptocurrency market there are a variety of protocols that have taken the lead to stand out from the other. Polkadot is one of them. intelligent platform, not letting any stone unturned on the market for cryptocurrency.
Polkadot(DOT) Coin Price Prediction 2023
If Polkadot is open to adoptions and uses along with its growing popularity with parachains. The network will experience an increase in sentimental values and volume. This could push the dot coin to close its trade. According to Coinpedia polkadot price prediction 2023 will be $7.6845.
On the other hand the dominance of bears can push the minimum DOT price as high as $5.2321.  With these analysis Polkadot seems to be a good investment for 2023.

What are your prediction and thoughts for 2023?


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Ethereum / Re: Ethereum merger is around the corner
« on: December 05, 2022, 08:52:42 AM »
Merger was with ETH 2.0, and it received very lukewarm response. The Ethereum network will eventually welcome more projects to be built on its chain, following its merger.


The Ethereum Price Prediction for end of 2022 is it may surge to a maximum of $1134.1683 ( News Source - Coinpedia)

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The Bitcoin price, which showed significance move this week, crossed $17K. Will the BTC price undergo a double rally by mid-2023 ?


What price can BTC can regain?

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The crypto space appears to have switched to a bullish mode as the Bitcoin price marked levels beyond $17,000 today. With this market everyone is hoping BTC to reach soon $18K.


A famous analyst, Willy Woo in an interview Scott Melker, said that Bitcoin has just begun with a sideway trend as the buyers have stepped in to hold above the support. The analyst believes that BTC's price has not been significantly affected by the collapse of BlockFi, a popular lending platform. This could be because there are so many buyers at the current price. When asked about the levels at which the BTC price may mark its bottom, Woo replied to be between $14,000 to $10,000.


News Source: Coinpedia. But Coinpedia analysed bitcoin price prediction which could go as high as $18,954.37 for dec 2022.
Interview link - [https://www.youtube.com/watch?v=4xAcis4vfog]


What is your take on this?

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Bitcoin discussion / Re: Bitcoin Is Approaching $17000
« on: December 01, 2022, 08:59:17 AM »
The Bitcoin price marked levels beyond $17,000 today (1 Dec). If the bulls manage to take over the power from the bears, BTC’s price could go as high as $18,954.37 as predicted by same news firm you mentioned.

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Bitcoin discussion / FTX%u2019s Demise and its effect on Bitcoin
« on: November 19, 2022, 06:40:00 AM »
The failure of FTX is an interesting investigation into the conduct of crypto communities. Bitcoiners quickly began to claim that FTX isn't their problem. In reality, the problem was not Bitcoin's but it does continue to create blocks. Can we separate Bitcoin from its environment with a strict separation? Bitcoin isn't only a single protocol, but an entire ecosystem within which there are numerous interdependent actors and services. Blockchain technology is growing rapidly and is changing each day as new initiatives are launched along with new entrepreneurs and users join the fold.
What is the role other cryptocurrency play within the Bitcoin ecosystem?  And how do different communities view this?

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Off-topic / FTX's Fall - The Lessons Learned
« on: November 18, 2022, 05:50:08 AM »
What are the lessons learned from the downfall of the FTX token & FTX crypt exchange? and what are its consequences on Bitcoin?

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Bitcoin discussion / Re: What is your favorite Satoshi Nakamoto quote?
« on: November 18, 2022, 05:29:02 AM »
Once a person asked about "Permanently Lost Bitcoins on the network" to Satoshi Nakamoto replied: "Lost coins only make everyone else’s coins worth slightly more.  Think of it as a donation to everyone."

This is my favourite interview I have read of Satoshi Nakamoto.

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Bitcoin mining / Re: How is crypto mining offering earning opportunities?
« on: January 25, 2022, 12:26:54 PM »
Crypto mining in general terms is just a practice to verify blockchain transactions. In this operation on verification, every individual earns passively. The mining plant setup needs a ton of investment to get started with .... mainly for the GPU and other hardware ..

One biggest challenge here is to find out the legitimate sites for earning..

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Dave the Wave, a pseudonymous crypto analyst, is well-known in the industry for being one of the few to predict the May crash. When the price of digital assets like bitcoin skyrocketed last year, Dave was one of the first to warn of impending price collapse.


Shortly after, the market had a price crash that resulted in a 50% downward correction. This time, the analyst has released yet another warning statement. Dave the Wave lays up their view on the bitcoin market using numerous charts. What is the prognosis?

Read more: Bitcoin news 8) 8)

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Bitcoin discussion / Re: 5 Things I have learned in 5 years of trading!
« on: January 25, 2022, 12:12:49 PM »
one tip from my side invest for the long run do not gamble in this volatile market. Always do your own research , invest only that amount which you can afford to loose.

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