Bitcoin Cash Analys: Risk för nedåtriktning under 285 $

  1. Bitcoins kontantpris misslyckades med att rensa $ 320-motståndet och korrigerade lägre mot US-dollarn.
  2. Priset handlas nu under 300 $ -nivån och det 55 enkla glidande genomsnittet (4 timmar).
  3. Det finns en stor kontraherande triangel med stöd på $ 285 på 4-timmarsdiagrammet för BCH / USD-paret (dataflöde från Coinbase).
  4. Paret kan minska kraftigt om det finns ett tydligt avbrott under supportzonen på $ 285.

Bitcoins kontantpris kämpar för att hålla sig över 285 dollar mot den amerikanska dollarn, medan bitcoin ligger långt över 19 000 dollar. BCH / USD kommer sannolikt att minska kraftigt om det bryter supportzonen $ 280 – $ 285

Bitcoin kontantprisanalys

Efter att ha testat supportzonen på $ 250 startade bitcoin-kontantpriset en anständig ökning över $ 270- och $ 280-nivåerna. BCH-priset slog till och med motståndet på $ 300 och det 55 enkla glidande genomsnittet (4 timmar).

Priset kämpade emellertid för att fortsätta högre över $ 320 och bildade en höjd på $ 322. Nyligen var det en ny nedgång under $ 305-stödet. Det gick ett avbrott under 23,6% Fib retracement-nivån för den uppåtgående rörelsen från $ 251-svingen låg till $ 322 hög.

Det handlas nu under $ 300-nivån och det 55 enkla glidande genomsnittet (4 timmar). Det verkar som om priset har svårt att hålla sig över $ 285-stödet.

Det finns också en stor kontraherande triangel med stöd på 285 $ i 4-timmarsdiagrammet för BCH / USD-paret. Triangelstödet ligger nära 50% Fib retracement-nivån för den uppåtgående rörelsen från $ 251-svingen låg till $ 322 hög.

Om det finns en nackdel under supportnivåerna $ 285 och $ 280, kan det bli en kraftig nedgång. Nästa nyckelstöd är nära $ 265-nivån, under vilken bitcoin-kontantpriset sannolikt kommer att testa $ 250-stödet.

Omvänt förblir priset över $ 285-stödet och startar en ny ökning. Ett initialt motstånd är nära $ 300-nivån och triangelns övre trendlinje. En stängning över $ 300-barriären kan leda priset mot $ 320 och $ 325 motståndsnivåer på kort sikt.

Om vi tittar på diagrammet kämpar bitcoin kontantpris för att hålla sig över supportnivåerna $ 285 och $ 280. Sammantaget kan priset sjunka kraftigt om det finns ett tydligt avbrott under supportzonen på $ 285.

Tekniska indikatorer

4 timmar MACD – MACD för BCH / USD ökar långsamt i den baisseartade zonen.

4 timmar RSI (Relative Strength Index) – RSI för BCH / USD är för närvarande under 50-nivån.

Viktiga supportnivåer – $ 285 och $ 265.

Viktiga motståndsnivåer – $ 300 och $ 320.

I Bitcoiners si rifiutano di dare „Oro Digitale“ alla squadra di basket di Mark Cuban

Il miliardario Mark Cuban vuole che tu spenda il tuo Bitcoin nella sua squadra di basket
I Bitcoiners si rifiutano di dare „Oro Digitale“ alla squadra di basket di Mark Cuban

I tifosi dei Dallas Mavericks non sono entusiasti di Bitcoin
I Bitcoiner sono riluttanti a separarsi dall’oro digitale
Il miliardario e scettico Mark Cuban, scettico e criptocittadino, ha recentemente proposto a Bitcoin di spendere le sue monete per i Dallas Mavericks, la sua stessa squadra di basket.

I Mavs offrono attualmente una generosa percentuale di sconto su ogni acquisto di 150 dollari della loro merce ufficiale effettuato con l’aiuto della più grande moneta criptata.

I fan dei Dallas Mavericks non sono entusiasti dei Bitcoin
I Dallas Mavericks hanno iniziato ad accettare Bitcoin già nell’agosto 2019 in collaborazione con BitPay, diventando solo la seconda squadra NBA ad adottare la nuova forma di moneta.

Tuttavia, l’opzione di pagamento all’avanguardia ha guadagnato pochissima trazione. Dall’aprile 2019, la sua squadra è riuscita ad accumulare un valore sconcertante di 130 dollari di Bitcoin.

Cubano è convinto che la criptovaluta non sia abbastanza facile da usare per raggiungere finalmente la tanto ambita adozione mainstream.

In un podcast con Anthony Pompliano, Cuban ha menzionato il suo frequente confronto tra Bitcoin Era e una banana, dando chiaramente un vantaggio alla lettera:

Devi essere in grado di spendere [Bitcoin], perché in questo momento devi ancora convertirlo per qualsiasi cosa tu voglia. E finché devi convertirlo, sei ancora dipendente da fiat – non importa cosa dici. Posso scambiare le banane più facilmente come merce che non il bitcoin. E posso ancora mangiare quelle banane prima che vadano a male.

Correlato

  1. Bitcoin è meno utile dell’oro, dice il miliardario Mark Cuban
  2. I Bitcoiner sono riluttanti a separarsi dall’oro digitale
  3. Come ci si poteva aspettare, i membri della comunità Bitcoin non si sono affrettati ad acquistare la merce cubana, adottando una forte mentalità HODL.

 

Dan Held di Kraken ha espresso il suo rammarico per aver speso le sue monete in passato:

Non spendete le vostre monete per questa gente! Mi sono pentito di averle spese ogni volta.

Nel frattempo, altri erano disposti a offrire a Cuba solo le sue amate banane.

Will coin printing ‚deprive‘ Bitcoin of its historical high?

What is the price Bitcoin has to reach to compensate for the last three years of US dollar inflation?

In 2017, the price of Bitcoin (BTC) almost reached $20,000 before losing more than 80% of its value in a multi-year bear market. Since then the asset has never approached these highs… until today. At the time of writing, the first cryptocurrency is once again just a few percentage points away from its previous record.

Although the $20,000 may soon be celebrated as a psychologically significant milestone, in reality this level will not correspond to its historical high in terms of purchasing power due to inflation.

„If you bought #Bitcoin at the maximum price of December 2017, you won’t fully recover your purchasing power until we reach $21,240,“ podcaster Vald Costea explained in a tweet published Tuesday. Costea used the value of $20,000 as the maximum of Bitcoin, entering the figures and dates into an inflation calculator with the aim of determining the most accurate price.

Owners of US dollars lose on average about 2% of their purchasing power each year due to inflation. Official data indicate rates of 2.13% in 2017, 2.49% in 2018, 1.76% in 2019 and 1.86% in 2020.

The price of Bitcoin’s latest historical high varies depending on the exchange. The Coinbase price index shows that on 16 December 2017 Bitcoin reached a record price of $19,891.99. Using this figure, Bitcoin will have to reach $21,131.02 to hold the same purchasing power as in 2017, according to Officialdata.org’s inflation calculator.

Other historical levels of Bitcoin show an inflationary impact, although not particularly significant: the level of $1,200 in 2013 corresponds to $1,341 in current dollars.

Given the scale of money printing in the US during 2020, however, only the future will tell us if it will have a greater inflationary impact on the US dollar this year than the rate shown below 2%.

Bitcoin exchanges trading volumes down 40% since early December

Over the past few weeks, the turnover of crypto exchanges has dropped by 40%, analysts at Arcane Research have shared their observations.

The chart below shows the rapid rise in trading Crypto Bank volume on exchanges in BTC/USD pairs during October-November and the subsequent sharp drop in the index.
The dynamics of trading volume on exchanges with more or less real trading volume. Data: Arcane Research, Messari, Skew.

„Are retail traders on spot exchanges depleted, or have they simply taken a break before the upward movement of bitcoin?“ the analysts wondered.

The seven-day volatility of the bitcoin price has also fallen significantly in a few weeks, from 5% to the „usual“ values in the 2-3% range.
Bitcoin’s correlation with gold and other traditional market assets declined significantly in early December.

„For 2020, there was a high correlation between bitcoin, the stock market and other asset classes. However, over the past few months, the correlation between digital gold and the S&P 500 and gold has declined significantly,“ stressed the experts.

Bitcoin’s statistical correlation with the „barometer of the US economy“ is currently at its lowest since the March collapse.

Recall that in the last decade of November, bitcoin’s spot trading volume renewed its one-year high.

France will tighten up identity verification procedures on exchanges

An ordinance was presented to the Council of Ministers on Wednesday, December 9.

The measures include in particular enhanced identity identification.

Bruno Le Maire presented an ordinance to the Council of Ministers to toughen identity verification procedures on exchanges. French companies or companies operating in France have six months to comply with the new rules.

The tone hardens in France

Bruno Le Maire had announced it during a televised debate in October:

Bitcoin Pro reviews must be more supervised.

This is done with the presentation of an ordinance (n ° 2020-1544) in the Council of Ministers on Wednesday, December 9.

More specifically, French exchanges will have to tighten up customer knowledge processes and request a second proof of identity. The SEPA transfer would be the second proof envisaged by the government.

These new requirements echo the dismantling in France of a terrorist financing network in Syria using cryptocurrencies.

Two weights, two measures

According to Chainalysis and Elliptic, 1% of BTC transactions are illegal. Which would be 3 to 5 times less than the dollar or the euro.

Additionally, Bitcoin’s total capitalization has never exceeded $ 400 billion. This is 3 times less than the money laundered by Deutsche Bank according to the recent “FinCen Files” scandal.

The FinCEN Files have made it possible to identify $ 2,000 billion in suspicious transactions, of which $ 514 billion relate to the bank JP Morgan , and $ 1,300 billion for Deutsche Bank…