Bitcoin Bear Trapped? Bitcoin pushes higher – new all-time high possible on the weekend

Bitcoin price has now spent a total of nine days in a short-term uptrend that completes a rebound to the 2021 highs. The sequence of mostly green candles has now triggered and perfected a TD 9 sales setup on the daily timeframe.

However, the signal has repeatedly failed to produce results since the start of the more dominant uptrend in the high time frame. Is it different this time?

Or is this another bear trap embedded in a bull flag that could propel Immediate Bitcoin above $ 75,000 per coin? What does technical analysis say about it?

TD 9 sell setup perfected: bear trap or bull on guard?

Bitcoin is back near $ 40,000 and the highs it was traded earlier in the year, but the bulls still have hurdles to overcome before they can move to new highs. Sellers stepped on the scene for the first time since Black Thursday and caused a pit stop to consolidate.

However, even at these prices, there is a massive number of investors buying Bitcoin.

The leading cryptocurrency by market capitalization was able to complete a run for the top of the trading range, but has so far been held back by the resistance of $ 38,000. As BTC struggles with the resistance, not only has a TD 9 sell setup triggered, but the signal is now perfected too.

TD 9 sales setup triggers at the top of the bull flag channel | Source: BTCUSDT on TradingView.com
The TD Sequential indicator developed by Thomas Demark is used to time market tops and bottoms. It has worked like a charm for years at spotting trend reversals in cryptocurrencies. Traders who have since relied on the tool could take a short position based on the perfected setup.

Bitcoin bulls target $ 75,000 if the channel breaks out

The theory behind the tool is that after a sequence of price increases, the trend should approach a point of exhaustion and be near a point where a trend reversal is likely.

The problem for those who are bearish on Bitcoin or take short positions based on the indicator is that it has failed repeatedly since the $ 10,000 breakout and the only setup that has been „perfected“ is a bear trap.

The TD 9 sales setup appears at the top of a bull flag structure. If it’s valid and the pattern is confirmed with an upward breakout, the potential target could see the price per BTC soar up to $ 75,000 within weeks.

If the sell setup is in place instead, a fall to the bottom of the bull flag channel and a return to the lows of the area is possible.

Will the bears fall into the trap or will the trend change for now?

Bitcoin-donationer til Navalny Surge, efter at den russiske oppositionsleder er fængslet

Putins modstander modtog 3,7 bitcoin i den sidste uge og tredoblede det beløb, der blev rejst i de første to uger i 2021.

Fristelsen mellem Ruslands præsident Vladimir Putin og hans vigtigste modstander, Alexey Navalny, steg til et nyt niveau i sidste uge – og det samme gjorde bitcoin-donationer til dissidenten.

Navalny, en russisk politiker og vokal kritiker af Putin, er også en vellykket bitcoin fundraiser i Rusland og modtager 657 BTC i donationer i løbet af de sidste fem år. Donationstempoet accelererede i sidste uge, efter at Navalny blev arresteret i Moskva, og hans team offentliggjorde en undersøgelsesrapport, der beskriver en overdådig, luksuriøs 168 hektar stor ejendom med et palads, der formodentlig tilhører Putin.

Bitcoin-donationer er ikke udbredte i Rusland, hvor kun en håndfuld nonprofits skaffer penge i krypto. Blandt dem ser Navalnys fundraising-kampagne ud til at være den mest effektive, men selv i så fald tegner bitcoin sig for ikke mere end 10% til 15% af alle donationer.

I ugen efter Navalnys anholdelse modtog hans tegnebog næsten 3,7 BTC, til en værdi af omkring $ 119.600 ved pressetid, hvilket er næsten tre gange så meget som i de første to uger i januar. Det er også meget mere end mængden af ​​donationer, som tegnebogen modtog i løbet af hele året 2020, beregnet Crypto News Outlet Protos.

”Både bitcoin- og fiat-donationer spidsede efter frigivelsen af ​​efterforskningen og [Navalnys] arrestation, og andelen af ​​bitcoin voksede lidt på grund af et par [af] store donationer,” sagde Leonid Volkov, der koordinerer arbejdet i Navalnys frivillige netværk på tværs af Rusland.

En af disse større donationer, ifølge Volkov, af en fuld bitcoin kom fra Evgeny Chichvarkin, en russisk millionær i eksil og Navalnys ven. Chichvarkin havde ikke returneret CoinDesk-anmodninger om kommentar inden pressetid. Titusinder af russere er gået ud på gaden for at protestere mod Navalnys anholdelse i det, der er blevet det største protestmøde i landet i næsten et årti. Over 3.000 mennesker er blevet tilbageholdt fra lørdag januar. 23.

I henhold til gældende russisk lov skal alle gademøder sanktioneres af myndighederne; som et resultat er næsten ingen nogensinde godkendt. I de senere år blev en række demonstranter tilbageholdt og fængslet for at have gennemført fredelige protester, hvilket afskrækkede mange russere fra at deltage i sådanne aktiviteter indtil januar. 23 stævner.

Hård hjemkomst

Støtten til Navalny såvel som den offentlige vrede over hans behandling af de russiske myndigheder er steget, siden han kom tilbage fra Tyskland, hvor han tilbragte flere måneder på at komme sig efter at være blevet forgiftet med et militært nerveagent, Novichok.

Kort efter at han vågnede fra en medicinsk induceret koma i Charite-klinikken i Berlin, offentliggjorde Navalnys team sammen med Bellingcat og CNN en undersøgelse med navngivning af Ruslands FSB (hemmelige service) officerer, der angiveligt arrangerede forgiftningen.

Navalny meddelte også, at han ville vende tilbage til Rusland efter hans opsving. Ruslands fængselsovervågningsagentur krævede derefter, at Navalnys prøveløsladelse blev ophævet, og at han blev sendt i fængsel på en straffesag fra 2015, som blev omstødt af Den Europæiske Menneskerettighedsdomstol i 2017.

På sin rejse tilbage til Moskva blev Navalny efterfulgt af flere nyhedsudsendelser, der sendte sin rejse minut for minut, da flyet forlod Berlin og ledede til Moskva søndag jan. 17. Efter landing i Sheremetyevo lufthavn kom Navalny til paskontrolområdet og blev arresteret der. Efter en retsmøde arrangeret inde i en politistation uden uafhængige journalister tilladt, opfordrede Navalny til gadeprotester.

Navalny blev idømt 30 dages fængsel. Volkov meddelte, at nye protestmøder vil blive afholdt den 1. januar. 31. og feb. 2.

Bitcoin and Ethereum trend forecast for 2021 according to Crypto.com analysis

Crypto.com has reviewed the cryptocurrency highlights of 2020 in its annual market review. Most interesting is what the Bitcoin and Ethereum forecast is for this year.

The report also makes some predictions regarding cryptocurrency trends in 2021, most interestingly what conclusion the analysis came to regarding the development of leading cryptocurrencies Bitcoin Billionaire and Ethereum.

Bitcoin is still in the midst of growth

According to Crypto.com’s annual report, the cryptocurrency market is still in its infancy. It was noted that there are only about 73 million crypto users worldwide. This represents just 1% of the world’s population.

World map for crypto adoption in early 2021.

Although Bitcoin and the entire crypto market has grown rapidly, reaching $1 trillion in capitalization last year, the size of the market is still tiny compared to traditional financial markets. For example, pension fund assets in 37 OECD countries alone total $32 trillion, dwarfing the total market capitalization of cryptocurrencies.

The report suggests that investors should expect continued inflows from new market entrants and institutional investors. One of the strongest indicators of rising institutional adoption in 2021 will be the growth of Bitcoin’s options market, which should appeal to traditional finance. For example, at the end of December 2020, Bitcoin options open interest already reached a whopping $6.2 billion.

Aggregate open interest in bitcoin options

Ethereum and DeFi Forecast

Crypto.com also analyzed Ethereum in more detail. The company’s report predicts that the growth of decentralized finance (DeFi) will continue in 2021. Moreover, the company expects DeFi projects that are easy to invest in, such as aggregators and decentralized asset managers, to gain popularity.

Graph on the development of assets in DeFi

On the negative side, the report highlights the fact that Ethereum is „in dire need of scalability improvement.“ Layer 2 solutions such as Plasma, Sidechains, ZK rollups, and Optimistic rollups are already underway. Nonetheless, the company predicts that some applications will migrate to competing blockchains for greater efficiency.

Crypto.com additionally noted that Ethereum should also see a continued upswing in non-fungible token (NFT) trading. Specifically, with digital artwork and crypto collectibles.

Article d’actualité

Les traders peuvent désormais parier sur „Bitcoin 300 000 $“, car les options suivent la hausse des prix

Les traders peuvent désormais parier sur „Bitcoin 300 000 $“, car les options suivent la hausse des prix
Les commerçants peuvent désormais parier si le Bitcoin Trader atteindra 300 000 dollars d’ici la fin de l’année.

Le marché des dérivés cryptés Deribit a ajouté une option de 300 000 dollars pour suivre l’évolution fulgurante des cours de la BTC (+2,75 %) ces dernières semaines.
L’option de 200 000 dollars a été mise en place à la fin de la semaine dernière après que le bitcoin soit passé de 25 000 dollars le 25 décembre à 32 000 dollars le 2 janvier.

Six jours plus tard – le bitcoin se situant actuellement au nord de 39 000 dollars et ayant atteint 41 962,36 dollars plus tôt vendredi – l’option maximale a suivi.
Même si le rallye de bitcoin est très animé, les gens ne sont pas prêts à monter, comme le montre la photo des positions ouvertes sur le site de Deribit.

À part une âme optimiste qui parie que 200 000 dollars cette année pourraient être une vraie somme, il n’y a pas eu d’activité à une grève au-dessus de 100 000 dollars.

Les options de la CTB sur Deribit
En général, les options indiquent comment certains des négociants les plus sophistiqués du marché évaluent les tendances actuelles des prix.
L’espoir peut être éternel, mais apparemment, même l’espoir a un plafond.

Posted in BTC

Argentine firm Ripio takes over Brazil’s second largest crypto exchange

Argentine crypto firm Ripio has acquired Brazil’s second largest crypto exchange called BitcoinTrade.

Ripio, a digital asset firm from Argentina, has bought BitcoinTrade, a major Brazilian crypto exchange.

According to Argentine newspaper Ambito, the acquisition Bitcoin Trader came as part of Ripio’s plan to expand in South America. BitcoinTrade is the country’s second largest crypto exchange by volume.

Sebastián Serrano, Ripio’s CEO and co-founder, said they acquired it to „expand access to the world of digital assets“ in the region.

„We are convinced that Ripio is the best company to continue on the path we have started with BitcoinTrade in Brazil,“ BitcoinTrade founder Carlos Andre Montenegro said.

Ripio was founded in 2013 and claims to be one of the largest crypto exchanges in South America. It has employees in Argentina, Brazil, Mexico, Uruguay and Spain. The company launched a crypto trading platform with over-the-counter services in 2019 and became one of the World Economic Forum’s tech pioneers last year.

In November, an Argentine lawmaker proposed creating a national framework for crypto in Argentina. The bill aims to address the problem with the „very arbitrary rules“ that govern Argentina’s crypto ecosystem.

Bitcoin bereidt zich voor op de 12e verjaardag door $ 33K 7 uur na het breken van $ 30K te breken

Het lijkt erop dat Bitcoin in feeststemming is. Op zaterdag (2 januari) ging Bitcoin, volgens gegevens van TradingView, minder dan zeven uur na het doorbreken van het $ 30K-niveau op Coinbase door het prijsniveau van $ 31.000, $ 32.000 en $ 33,00 als een heet mes door boter.

Momenteel (vanaf 17:24 UTC op 2 januari) wordt Bitcoin verhandeld voor $ 32.467, een stijging van 10,57% in de afgelopen 24 uur en een stijging van 12,24% in 2021

Volgens gegevens van CryptoCompare is de marktkapitalisatie van Bitcoin momenteel ongeveer $ 603 miljard.

Hier zijn een paar interessante Bitcoin-statistieken door crypto- analysebedrijf IntoTheBlock :

John Todaro, Head of Research bij TradeBlock, zegt dat retail FOMO nog niet eens is begonnen:

Een van de vele crypto-analisten die moeite hebben om de krankzinnige prijsactie van vandaag bij te houden, is Michaël van de Poppe:

Scott Melker, een cryptohandelaar bij Texas West Capital, zegt dat het voortdurende vertoon van kracht van Bitcoin laat zien dat institutionele beleggers die de afgelopen maanden Bitcoin hebben gekocht niet gemakkelijk zullen worden losgekoppeld van hun BTC-bezit omdat ze er voor de lange termijn in zitten (in tegenstelling tot particuliere beleggers die in 2018 Bitcoin met te veel hefboomwerking kochten).

En aangezien Bitcoin op zondag (3 januari) zijn 12e verjaardag viert (dwz de verjaardag van de mijnbouw van het genesisblok), lijkt het niet onredelijk om te verwachten dat de sterke rally van Bitcoin wordt verlengd.

The Bitcoin community donated more than $1 million to the Dave Portnoy Charitable Foundation

Dave Portnoy, creator of sports media platform Barstool Sports, launched The Barstool Fund to support small businesses in the U.S. in the face of a coronavirus pandemic. In just a few days, he raised more than $1 million from cryptocurrency supporters.

Portnoy announced the launch of The Barstool Fund on Dec. 17, but until Dec. 24, donations could only be made in fiat.

Dave Portnoy actively promotes the initiative on Twitter, one of the most popular communication platforms for cryptocurrency followers.

On Christmas Eve, the foundation began accepting bitcoin, and in just a few days, donations from the bitcoin community, including fiat transfers, topped $1 million. Among those who supported the initiative were Gemini exchange founders the Winklevoss brothers and Morgan Creek partner Anthony Pompliano.

On Dec. 25, Portnoy reported that of the $750,000 that cryptocurrency supporters had donated by then, $100,000 had come in bitcoin.

He also called on the bitcoin community to more actively support the initiative, and his words were heard. In the next 36 hours, cryptocurrency proceeds topped $500,000, Alex Wilson, co-founder of tech support platform The Giving Block, told Decrypt.

„It’s a great initiative, and it’s hard to find a better cause for charity. Small businesses are the backbone of this country, and they’re trying to keep the American dream alive. But at a time when they needed support the most, politicians abandoned them,“ said Anthony Pompliano.

Since launching the initiative, the foundation has raised more than $7.1 million, providing financial assistance to many struggling businesses across the country, including caterers, dry cleaners, beauty salons and more.

Recall that earlier this year Dave Portnoy invested more than $1 million in bitcoin and several altcoins, but suffered losses on the market drawdown and excluded cryptocurrencies from his portfolio.

Bitcoin sur la plus longue série gagnante mensuelle depuis 2019 après avoir dépassé 28000 $

Bitcoin est sur la bonne voie pour sa plus longue séquence de victoires mensuelles depuis plus d’un an après avoir atteint un record de plus de 28000 $ ce week-end.

La plus grande crypto-monnaie a atteint un sommet historique de 28365 dollars dimanche avant de réduire une partie de l’avance, selon un composite de prix compilé par Bloomberg. La série de rendements démesurés en octobre, novembre et décembre jusqu’à présent est la plus longue du genre depuis la mi-2019.

«J’ai le sentiment que nous sommes très proches d’un sommet – nous pourrions cependant atteindre 30 000 $», a déclaré Vijay Ayyar, responsable du développement commercial de l’échange crypto Luno à Singapour. «Nous devrions certainement voir un recul, mais l’ampleur est probablement moindre. Nous pourrions ne voir que des baisses de 10 à 15%. »

Cela a été une année difficile à tous points de vue. Mais pour Bitcoin, 2020 a été une période merveilleuse

La crypto-monnaie a presque quadruplé, dépassant 20000 dollars pour la première fois alors qu’elle atteignait record après record. Les purs et durs l’ont applaudie comme une couverture contre l’inflation à une époque de largesses sans précédent de la banque centrale. Les vétérans de Wall Street, de Paul Tudor Jones à Stanley Druckenmiller, l’ont béni comme un atout alternatif, ajoutant au rallye. Et des entreprises comme MicroStrategy et Square ont transféré leurs réserves de liquidités dans la cryptographie à la recherche de meilleurs rendements que les taux d’intérêt proches de zéro.

Bien qu’aucune de ces raisons d’acheter Bitcoin ne corresponde à ses origines comme alternative aux monnaies fiduciaires, elles indiquent une acceptation croissante de la crypto en tant que classe d’actifs à part entière. Et cela a la communauté de fanatiques prenant encore un autre tour de victoire dans leur quête de légitimité. «Ce qui se passe maintenant – et cela se passe plus vite que quiconque ne pourrait l’imaginer – c’est que Bitcoin passe d’un actif ésotérique marginal au courant dominant», a déclaré Matt Hougan, directeur des investissements de Bitwise Asset Management.

«Si cela se généralise, il y a tellement d’argent en marge qui va devoir entrer et établir une position qui me laisse très optimiste pour 2021.»

Mais avec Bitcoin captant une plus grande attention, il pourrait également susciter un examen plus approfondi de la part des régulateurs, a déclaré Guy Hirsch, directeur général pour les États-Unis de la plateforme de trading en ligne eToro. «Malgré cette ascension fulgurante, il y a quelques nuages ​​d’orage à l’horizon», a-t-il dit, y compris les retombées de plusieurs actions de dernière minute de l’administration Trump sortante, entre autres.

Prédire où cela ira est un exercice difficile. Beaucoup ont laissé la pièce pour morte après que son rassemblement de 2017 ait entraîné un accident l’année suivante, une période parfois appelée «hiver crypto».

Mais il a bondi de plus de 300% en 2020 et de nombreux investisseurs disent qu’il pourrait continuer à gagner l’année prochaine. Qu’y a-t-il d’autre sur le radar? Pour Meltem Demirors, directeur de la stratégie chez CoinShares, le gestionnaire d’actifs numériques, il y a des inquiétudes quant à ce que l’administration entrante de Joe Biden pourrait signifier pour l’espace crypto.

À l’avenir, de nombreux stratèges et investisseurs affirment que le secteur pourrait bénéficier d’un examen plus minutieux et d’une réglementation plus stricte avec Biden à la Maison Blanche.

Há agora $3 bilhões de dólares americanos em circulação

Há agora $3 bilhões de dólares americanos em circulação

A moeda estável regulamentada cruzou o marco nesta semana e pretende atingir a marca de $1 trilhão em poucos anos.

fundada pela empresa de pagamentos Circle and crypto exchange Coinbase, atingiu uma oferta de três bilhões de USDC no início desta semana em meio a uma maior Bitcoin Code demanda por parte de investidores institucionais e varejistas. Isso de acordo com o emissor da moeda, o Consórcio Centro, que liberou os números hoje.

Moedas estáveis são moedas criptográficas com suporte 1:1 com moedas fiat – o dólar americano no caso da USDC que visa tornar os onramps criptográficos mais fáceis, mais rápidos e mais transparentes – comparados com as tradicionais transferências bancárias que podem levar dias e cobrar taxas elevadas.Obtenha nosso aplicativo para as principais notícias e recursos na ponta de seus dedos. Seja o primeiro a experimentar o Token Decrypt e muito mais.

O Centro disse que os players institucionais impulsionaram o crescimento do USDC ao usá-lo para pagamentos, comércio e operações de tesouraria devido à sua velocidade de liquidação quase instantânea, transações irreversíveis e disponibilidade 24 horas por dia.

A circulação da USDC cresceu em 500% somente em 2020, disse o consórcio. Ele acrescentou que, desde seu lançamento em 2018, a moeda estável já realizou mais de US$ 230 bilhões em transações para vários casos de uso, tais como comércio, transferências transfronteiriças ou pagamentos de varejo.

O USDC está crescendo mais rápido do que a corda em meio ao boom do Stablecoin

USDC, a moeda estável em dólar dos Estados Unidos, controlada pelo câmbio criptográfico Coinbase e plataforma de pagamentos Circle, anunciou hoje Solana como sua quarta cadeia de bloqueio „oficial“, depois de Ethereum, Algorand e

Os mercados de empréstimo e crédito da DeFi, que ganharam destaque na indústria de criptografia em meados de 2020, foram outro grande caso de uso. Tais protocolos têm mais de 14 bilhões de dólares de valor trancados, dos quais USDC constitui uma parte significativa, e continuam a crescer rapidamente à medida que a demanda de empréstimos em moedas estáveis cresce em todo o mundo, disse o Centre.

O consórcio alegou que mercados emergentes como a América Latina, que atualmente enfrentam os efeitos nocivos do excesso de inflação, estavam usando cada vez mais USDC (e outras moedas estáveis) à frente de suas próprias moedas fiat.

O governo dos EUA usará USDC Stablecoin para contornar o Maduro da Venezuela

A Circle, que juntamente com a Coinbase emite o USDC stablecoin, anunciou hoje que coordenou com o governo dos EUA e a América Latina a troca de criptografia Airtm para a ajuda de rota para o Venezuelano…

Mas apesar de seu crescimento, a USDC não pára tão cedo. Jeremy Allaire, CEO da Circle, disse que a moeda estável está visando uma valorização de US$1 trilhão (levando seu suprimento circulante a um trilhão), continuando a fazer avanços em sua tecnologia, disponibilidade e regulamentos.

Allaire observou que as regulamentações propostas recentemente, tais como a Lei STABLE, sugerem que estruturas legais sólidas para os emissores de moedas estáveis estão por vir em breve e podem abrir o caminho para a expansão dos fornecedores regulados.

L’Ethereum potrebbe scendere al di sotto dei 500 dollari

L’Ethereum potrebbe scendere al di sotto dei 500 dollari nonostante i rimborsi in corso, l’analista dei sinistri

  • L’Ethereum ha dovuto affrontare una turbolenta azione dei prezzi negli ultimi giorni e settimane, con la pressione di vendita vista nella regione a meno di 600 dollari che l’ha costretta a scendere più volte.
  • Ciò è avvenuto grazie alle sue strette connessioni con Bitcoin e alla sua azione di prezzo, con l’incapacità del crypto di riferimento di rompere i 19.800 dollari che ha ostacolato la crescita vista anche da ETH
  • Nonostante i forti rimbalzi visti dopo ogni calo, i venditori stanno ancora cercando di sfumare il recente rally
  • Un trader ritiene che presto avrà il sopravvento sui tori, osservando che c’è una forte possibilità che si rompa al di sotto dei 500 dollari nella settimana a venire

L’Ethereum ha visto una certa volatilità selvaggia negli ultimi giorni Bitcoin Storm e settimane, con la pressione di vendita di Bitcoin che l’ha trascinata al ribasso.

Tuttavia, il suo rimbalzo dopo ogni afflusso di pressione di vendita è stato incredibilmente positivo e sembra indicare che a breve termine potrebbe essere imminente un ulteriore rialzo.

Se può salire e tenere oltre i 600 dollari dovrebbe fornire qualche serio indizio su dove andrà a finire con l’avvicinarsi della fine dell’anno.

Un trader ritiene che alcuni aspetti negativi siano imminenti. Si aspetta un calo inferiore ai 500 dollari nella settimana a venire, osservando che il recupero del suo massimo settimanale è semplicemente un’incursione di liquidità prima di vedere altri aspetti negativi.

L’Ethereum lotta per guadagnare slancio con 600 dollari di resistenza

Al momento della scrittura, l’Ethereum è in crescita di poco meno del 5% al suo attuale prezzo di 595 dollari. Questo è all’incirca il prezzo al quale è stato scambiato negli ultimi giorni.

Nel giro di una notte, il crypto è sceso fino a 570 dollari prima di trovare un supporto serio che lo ha aiutato a volare più in alto.

Tuttavia, la resistenza intorno ai 600 dollari è ancora intensa e potrebbe rallentare la sua ascesa a breve termine.
Analista: ETH probabilmente si immerge al di sotto dei 500 dollari dopo aver spazzato via la liquidità

Un trader ha spiegato in un recente tweet che il test di 600 dollari potrebbe segnare un’impennata di liquidità seguita da qualche grave svantaggio a medio termine.

„Ho deciso di puntare un corto qui su $ETH come crypto HEDGE perché sono sovraesposto in #DeFi longs. Ha recuperato l’alto range settimanale dopo un raid di liquidità. Attualmente sto testando il supporto precedente come resistenza“.

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