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Educational video: How to draw Fibonacci Retracements, Fibonacci expansions, Fib Extensions (Part2)
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Educational video: How to draw Fibonacci Retracements, Fibonacci expansions, Fib Extensions (Part1)
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Don't worry, #Bitcoin is just going to liquidate some 5 Billion in shorters money, just lying in between the price 103,000$ - 111,000$ . Don't forget to follow for more updates. $BTC #N4G
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Why the US will adopt bitcoin vigorously in the next 4 years at least? U.S.A has a large deposit of 200,000 BTC lying in their pocket, and with 36 Trillion dollars as national debt, the USA could use all the money it can get it's hands on. Embracing bitcoin will only lead to a surge in the price that could surpass 250,000$-500,000$ easily or even more than that. I know it's a dream that can hardly be reached, but it's not impossible. All the U.S.A has to do is to treat Bitcoin like bonds or just any asset under it's command and start trading globally using bitcoin, (N4G wrote this first on binance square) enforcing bitcoin as a payment method for it's goods, and it will attract bitcoins by the hundreds of thousands. Now, i don't believe the U.S.A will try to acquire millions of bitcoin in it's reserve as this would be a bad move owning even 10% of the supply alone,(N4G wrote this first on binance square) they need to keep bitcoin in everyone's reach so that everyone can fight over to own bitcoin to gain access to the U.S.A markets. But lets say the U.S.A will own 1,000,000 in those 4 years term, and if the scenario mentioned in this post occur and BTC reaches 500,000$ in 4 years. that's 500,000,000,000 (50 Billion dollars), add to that, the amount of money that will be poured into their economy as most of the crypto industry resides in the united states, so the outcome will be more than great for them. You read this first on #N4G
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$LINK Recently, I had been reading about lots of news regarding #LINK 'Chainlink'. Now, When it comes to investing, I'm not a fan of recommending a coin that was already pumped, as joining late will only result in paying others for their early investment. But I want to just tell you about what Chainlink does, it's is a blockchain oracle. oracles are crucial because blockchains can’t communicate with the outside world, They also can’t talk to each other, That’s where oracles come to the rescue. Oracles can provide real-world and real-time data to blockchains. For example, exchange rates, sports results, or weather information. In this sector, Chainlink is the clear leader. Its market cap is 11x bigger than Pyth, which ranks at second spot. Chainlink recently also saw an increased interest in its project. Trump’s new DeFi project, World Liberty Financial (WLFI), bought $1 million worth of #Link , that's a total of 41,335 Links, this had resulted in whales buying more of the coin and the price went from $24.20 to $28.14 in only a few hours yesterday. The real question is, why did World Liberty buy this $LINK ? To answer this, we need to go back about a month. In mid-November, WLFI announced theintegration of chainlink into their price feeds, something that DeFi projects need, as I explained earlier. So, looking at it from this point of view, buying Link makes sense for WLFI. Also, if you remember Justin Sun - the CEO of Tron $TRX - he became an adviser for WLFI, He also invested $30 million in WLFI. Some forecasters are predicting that LINK will reach over 100$ by next year, but it's too early to tell, as chainlink has some worthy competitors like cardano 'ADA' and POL 'Aka Matic'. This doesn't mean that you go buy it for the short term profit, but if the market dips, #LINK can be one of your picks. #N4G
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Rule of the day. 15/12/2024. #N4G #RuleOfTheDay
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