Bitcoin is at $100,100, with resistance at $102,000 and support at $98,400. It fluctuates between $99,000 and $102,000, while the RSI shows overbought conditions, indicating potential price declines.
Matrixport predicts Bitcoin could hit $160,000 by 2025, driven by institutional interest and ETF demand, with a 60% increase expected following recent volatility and stable market conditions.
The Bank of England mandates firms disclose crypto asset exposure, including Bitcoin, by March. Boyaa Interactive has converted Ether holdings to Bitcoin, and Metaplanet is raising funds for Bitcoin.
BitTorrent is one of the oldest and most well-known decentralized data storage networks. Founded in 2001, BitTorrent initially gained notoriety as a platform for sharing pirated media. Over time, BitTorrent evolved into an entire suite of products, including BitTorrent File System (BTFS).
BTFS is a scalable decentralized storage system designed to reduce storage costs, improve fault tolerance and avoid government censorship. Like other distributed storage networks, BTFS relies on user nodes. One of the elements that distinguishes BitTorrent from some of the other networks, however, is the more than 100 million user nodes in place. Additionally, BTFS is blockchain-based and uses the TRON network. There are more than 1,000 full TRON nodes, with 27 block producers designated as super representatives.
BTFS is a derivative of InterPlanetary File System (IPFS) and is suitable for both file transfer and storage. Unlike the other decentralized data storage offerings, however, BTFS is designed in a way that enables users to remove any illegal or copyrighted media from their nodes.
Trading is a tricky profession. Knowledge should go hand in hand with patience and self discipline in order to prosper.
Listed below are the 10 habits that will destroy your trading portfolio.
1. Over trading
Unless you're a scalper or a professional day trader, never trade several times in a day. Give it a rest. Trading requires a lot of your intellect and sound judgment. Unless you're a genius, the mind can only do so much in a day.
2. Aiming for unrealistic gains
Yup, the ultimate goal of trading is taking profit. Don't delay taking profit just because you're aiming for the 10,000 times. It's actually good if you aim that much, but make sure that the coin has the ability to grow that huge. I mean, a coin that has billions in market cap can no longer grow 10000 times. The world doesnt have that money. Look for a low market cap coin that has good potentials like pitbull token. DYOR.
3. Not putting a stop loss
Stop loss is a must in every trade. Dont skip it.
4. Skipping the trade plan
Before entering a trade, know your take profit point and your stop loss.
5. Executing FOMO trades
Dont catch a coin when its pumping hard. That's like gambling.
6. Not practicing DCA
Dont buy all at once. Always reserve some funds in case you're coin drops. That way, you'll be able to lower your entry price.
7. coin fanatic syndrome
Trading is not about collecting coins and tokens. No matter how cute those dog memes are, you're not buying them for memorabilla purposes. Come on, you're buying them for the profit. Let go and sell when you're in profit already.
8. Skipping the DYOR rule
Don't believe everything you heared or read. Always double check information, check contract, get to know the devs, and check the chart before deciding to put your money in a coin.
I want to post this to see my progress! I hope in a year i will make 3 digits !! I will come back to this post when it comes!... ðð€ðª #BTC #ETH #Launchpool #STX #AI_robots $BTC $ETH $BNB
It's a notable development! The approval of a Bitcoin ETF could attract more institutional investors and potentially influence the broader cryptocurrency market. Keep an eye on market trends and investor sentiments as this news unfolds.
The approval of a Bitcoin Exchange-Traded Fund (ETF) is a significant milestone, bringing more mainstream acceptance and accessibility to Bitcoin as an investment. Investors can now gain exposure to Bitcoin through traditional investment channels, potentially impacting market dynamics. Keep an eye on market reactions and evolving trends in the wake of this approval.
The approval of a Bitcoin ETF can potentially impact the cryptocurrency market by providing more accessible investment opportunities. Investors may now have an additional avenue to gain exposure to Bitcoin through traditional financial markets. Keep an eye on market reactions and consider diversifying your investment strategy accordingly