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Tierion TNT coin is up a whopping 210% in the past 30 days and currently leading the Altcoin pack with 25% gains in the past 24 hours.
In this in depth Tierion coin review we discuss everything you need to know about this cryptocurrency project including where to buy it, where to store it, along with all the major features and benefits to using Tierion technology.
Some of Bitcoin’s chief shortcomings were its scalability, high cost of anchoring data, and time inaccuracy.
Tierion is a cryptocurrency that resolves all these flaws.
It uses blockchains to enable its users to store, share and verify huge amounts of data in a single, fast transaction.
Are Altcoins ready to explode?!
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
News Resources From Today’s Show:
https://coinswitch.co/info/tierion/what-is-tierion
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BITCOIN JUST POSTED THE “MOST IMPORTANT BREAKOUT” IN BTC HISTORY!! Chainlink 97X Return Since ICO!!
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“This is the most important Bitcoin breakout in BTC history”, says popular Crypto analyst CryptoBirb.
He’s referring to Bitcoin’s recent ability to break above a descending trendline and bull pennant that has been formed since the 2017 peak.
We saw a similar breakout in June of 2016, which is what sparked the massive uptrend that ultimately resulted in Bitcoin seeing a parabolic move to $20,000 in late-2017.
If history rhymes, this could mean that Bitcoin is entering the early phases of its next major bull trend.
ANALYST: BITCOIN MAY “TELEPORT” TO $13,000 IF IT BREAKS KEY LEVEL
Bitcoin is stuck beneath $12,000. This stalling momentum comes after the cryptocurrency incurred an incredibly strong uptrend that had led it from lows of $9,000 to highs of $12,000 in a matter of weeks.
The cryptocurrency’s ongoing consolidation phase suggests that buyers don’t have enough buying pressure to shatter the resistance that sits just above where it is currently trading.
It may also indicate that buyers are losing their momentum. Nonetheless, BTC is still just a hair away from closing above a crucial level that could allow it to “teleport” up towards $13,000.
It is essential to consider that BTC is currently in a multi-day consolidation phase directly after being caught within a strong bull trend.
This isn’t an uncommon occurrence within bull markets, and BTC could even dip lower while still maintaining its market structure.
The crucial level that buyers need to defend going forward sits at $10,500, which was previously a resistance level that had held strong for nearly a year.
If this level is broken below, it may negate the strength that Bitcoin has been incurring in recent weeks.
At the moment, it does not appear that any sort of sharp downtrend is imminent, as each dip over the past several days has been rapidly absorbed by buyers.
Despite its stalling momentum, Bitcoin is just a hair away from breaking above a crucial level that could lead it to see massive upside.
One popular cryptocurrency analyst spoke about this level in a recent post, noting that a close above the region between $11,800 and $12,000 could be all that is needed for BTC to “teleport” to $13,000.
“Weekly close above and you will witness an immediate teleportation to 13k,” he said.
In other trending Bitcoin News today:
ChainLink (LINK) Inches Closer to 100x in Returns Since ICO
Going back in time to September 2017 during ChainLink’s ICO, we find that the price per LINK on offer during the crowd sale was $0.11.
Doing the math and using the new all-time high value of $10.77, this translates to a return on investment of 97X.
This, in turn, means that for every $100 spent during the ICO period, investors are in profit to the amount of $9,700.
According to CoinCodex, those who used Ethereum and Bitcoin to participate in the Chainlink crowdfunding, have an ROI of 32.54x and 71.30x respectively.
Additionally, LINK marines are very much confident regarding the fundamentals governing the upward trajectory of ChainLink.
Some LINK marines have gone as far as declaring that they will start taking profits when the digital asset hits $100.
Below is one tweet that demonstrates investor confidence in ChainLink.
“We aren’t taking profits until $100”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
Breakout from range confirmed when:➡️ successful retest of resistance as support (bouncing from it)➡️ bounce closes higher than previous high
Then and only then we can talk about 250k and endless financial freedom$BTC pic.twitter.com/0UgFUR6uCI
— Teddy (@TeddyCleps) August 6, 2020
Analyst: Bitcoin May “Teleport” to $13,000 if It Breaks Key Level
Analyst: Bitcoin Just Posted the “Most Important Breakout” in BTC History
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BITCOIN IS HEADING TO $5 MILLION!! PLAN B EXPLAINS HIS LONG-TERM BTC PRICE PREDICTION!!
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Plan B, quantitative Bitcoin analyst and the creator of the popular stock-to-flow (S2F) model explains why he sees Bitcoin trading at $5 million in the future and for that, he is not selling his BTC.
“Maybe that all-time high could be reached this year and the low the year after in 2022 but after that there will be another halving in 2024. So 2025 and the years after that will be actually much much more interesting than the next two years.
And yes, the S2F models predict prices ranging from $1 million (for the normal stock-to-flow model) to $5 million (for the stock-to-flow x model).
My eyes are, by the way, on those price levels ($1m to $5m) more than on the $100k to $288k so I’m not selling. Maybe some to just survive the bear market but yeah.”
In other breaking Bitcoin News today: Brazil considering new law to allow all workers to be paid in Bitcoin!
A draft bill seeking to allow Brazilian workers to be paid in bitcoin was presented to the country’s Deputies Chamber on November 5.
“Money was one of the greatest creations in the history of humanity,” per the draft bill. “It allowed us to rise from a primitive barter-based society to an extremely complex and productive society.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
https://bitcoinmagazine.com/markets/brazilian-draft-bill-to-allow-workers-to-be-paid-in-bitcoin
https://cointelegraph.com/news/bitcoin-s-consolidation-is-normal-analysts-set-80k-btc-price-target
Post Views: 469 -
Bitcoin Price Could Shoot Towards ,000 in 2020 | How Can You Not Be Bullish On BTC?
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One fractal analysis, predicts that Bitcoin price ongoing consolidation will resolve to the upside in an explosive fashion.
The catch: the BTC breakout will come at the end of 2020 – over five months away.
On March 12th and 13th, the Bitcoin market broke down. As many investors likely remember, in the span of approximately 24 hours, the cryptocurrency market fell by around 50%.
Bitcoin then plunged from the $7,000s to $3,700. Few expected the market to recover at the time.
There were some, however, trying their best to stay optimistic.
The CIO of Altana Digital Currency Fund, Alistair Milne, shared the chart below in the day after the crash, attaching the comment:
“So, if you take the fractal after the Aug 2015 meltdown due to exchange dysfunction (and major trendline break) … and place it on the end of Friday’s meltdown, you get this …”
The chart, which showed Bitcoin could follow the path it took after 2015’s crash, implied that BTC would recover to $10,000 by June.
And that it did, with Bitcoin spiking above $10,000 at the start of June.
This same fractal now predicts that after two more months of consolidation, Bitcoin will hit $18,000 by the end of 2020.
As Milne explained in a recent update about the fractal:
“Would you accept another ~2 months of no volatility if it meant we go directly to $18k within 4 weeks of a breakout?”
Milne isn’t the first individual to have suggested that Bitcoin’s ongoing consolidation will resolve higher.
Mike McGlone – the senior commodity analyst at Bloomberg Intelligence — recently wrote the following on Twitter:
“Volatility should continue declining as Bitcoin extends its transition to the crypto equivalent of gold from a highly speculative asset, yet we expect recent compression to be resolved via higher prices.”
So, if you take the fractal after the Aug 2015 meltdown due to exchange dysfunction (and major trendline break) … and place it on the end of Friday’s meltdown, you get this …
The sentiment McGlone shared is in line with the sentiment he shared in previous analyses. In editions of Bloomberg’s “Crypto Outlook” released over recent months, the Wall Street analyst has outlined a perfect storm of reasons indicating that Bitcoin will move higher.
Some of those reasons are as follows:
* The BTC block reward halving that came in May
* The increasing investment in the Bitcoin market by users of the CME and clients of Grayscale
* Bitcoin’s growing correlation with the gold market
* And more.
In other trending Bitcoin News today:
HOW CAN YOU NOT BE BULLISH ON BITCOIN? ANALYST ASKS DUE TO NEW DATA
Despite volatile price action, a majority of Bitcoin in circulation remains inactive.
According to data from Glassnode, a blockchain analytics firm, the percentage of coins not moved has reached 62% — an all-time high.
This comes in spite of the fact that 77% of the Bitcoin supply was accumulated at a price lower than current.
That’s to say, 77% of all BTC can currently be sold for profit. To Rafael Schultze-Kraft, the CTO of Glassnode, the confluence of high profitability amongst investors and increasing levels of holding is bullish.
“BTC supply not moved in over a year: 62%. BTC supply in a state of profit: 77%. Read: Many investors could be profitably cashing out, but instead choose to hodl. How can you not be bullish on Bitcoin.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
How Can You Not Be Bullish on Bitcoin? Analyst Asks Due to New Data
#Bitcoin Blahs? Benchmark #Crypto Looked Similar Before Past Gains —
Volatility should continue declining as Bitcoin extends its transition to the crypto equivalent of gold from a highly speculative asset, yet we expect recent compression to be resolved via higher prices. pic.twitter.com/XbIMv5AYAf— Mike McGlone (@mikemcglone11) July 2, 2020
Would you accept another ~2 months of no volatility if it meant we go directly to $18k within 4 weeks of a breakout?
Check what happened in early 2016… https://t.co/BH18zB9eOb
— Alistair Milne (@alistairmilne) July 14, 2020
This 2016 Bear Market Fractal Shows Bitcoin Could Shoot Towards $20k in 2020
https://cryptopotato.com/bullish-bitcoin-price-post-halving-patterns-start-repeating/
Post Views: 335