Kategorie: Bitcoin

A pesar de haberse quedado a unos cientos de dólares de un nuevo récord de la ATH, el bitcoin ha retrocedido por debajo de los 57.000 dólares, mientras que el BNB no ha logrado superar los 300 dólares con decisión.

El bitcoin estuvo más cerca de alcanzar un nuevo máximo histórico hace unas horas, pero fracasó, y el posterior rechazo llevó al activo por debajo de los 57.000 dólares. La mayoría de las monedas alternativas se han mantenido relativamente tranquilas en una escala de 24 horas a pesar de la fuerte volatilidad experimentada en los últimos días.

Bitcoin se quedó a un 0,43% de un nuevo ATH

Parece que las caídas de precios de la semana pasada en las que el bitcoin se sumergió hasta los 43.000 dólares han quedado atrás para la criptodivisa. Esta semana el activo ha tenido una impresionante racha que ha superado varios hitos notables.

Sin embargo, una cosa que BTC no ha logrado (hasta ahora) es romper el récord histórico de 58.400 dólares pintado a mediados de febrero. El activo se quedó a un 2% hace unos días y aún más cerca hoy mismo.

Los datos de Bitstamp sugieren que el máximo intradía del bitcoin se situó en 58.150 dólares, es decir, a sólo 250 dólares del récord (0,43%). Sin embargo, al llegar a ese punto, los osos tomaron el control y llevaron a la criptomoneda principal hacia el sur, hasta su nivel actual de aproximadamente 56.500 dólares.

Los indicadores técnicos sugieren que el primer obstáculo de BTC en su camino hacia un territorio inexplorado se encuentra en 57.686 dólares. Si se supera, la siguiente resistencia se encuentra en 58.355 $.

Alternativamente, los niveles de soporte en $55,080, $53,980 y $52,580 podrían ayudar en caso de una nueva ruptura del precio.

Calma en las altcoins tras la tormenta

Ayer fue un día de gran volatilidad para la mayor parte del mercado de altcoins, pero la situación parece más tranquila ahora. Ethereum subió hasta los 1.850 dólares, pero ha retrocedido desde entonces y actualmente se encuentra por debajo de los 1.800 dólares.

Binance Coin experimentó una repentina subida cuando BNB alcanzó un nuevo máximo de 3 semanas de 315 dólares. Sin embargo, al igual que ETH, el activo retrocedió de forma algo brusca y ahora se encuentra por debajo de los 280 dólares.

En una escala de 24 horas, Polkadot, Cardano y Ripple han registrado pérdidas menores, mientras que UNI (2%) y Litecoin (5%) son los que más han ganado de los diez primeros.

Se observan más fluctuaciones en las altcoins de menor y mediana capitalización. SKALE Network ha entrado en el top 100 tras una subida del 100% en un día y del 300% en una semana, hasta los 1,10 dólares.

Le siguen Chiliz (75%), Polygon (55%), Theta (50%), NEAR Protocol (32%), Zilliqa (32%), Enjin Coin (24%), CRO (13%) y Solana (12%).

En cambio, NEM es la que más valor ha perdido desde ayer: un 26%. Le siguen Fantom (-10%), The Graph (-10%), REN (-9%), Nano (-8%) y Synthetix (-7%).

 

Dies ist, was Experten der Krypto- und Blockchain-Branche über Teslas jüngste Investition von 1,5 Milliarden US-Dollar in Bitcoin denken.

Während 2020 für Bitcoin ( BTC ) ein bedeutendes Jahr war, steckt das gerade erst begonnene Jahr 2021 bereits voller großer Überraschungen

Am 8. Februar stieg der Preis von Bitcoin innerhalb von Minuten um fast 3.000 USD , dann stieg er innerhalb von 24 Stunden um 20% – alles aufgrund der Nachricht, dass Elon Musks Tesla BTC 1,5 Mrd. USD seiner Bilanz zugewiesen hatte.

In derselben Woche kündigte die älteste Bank der Vereinigten Staaten, die Bank of New York Mellon, Pläne an, Bitcoin zu halten, zu übertragen und auszugeben. Mastercard plant außerdem, im Jahr 2021 Kryptowährungen für seine fast 1 Milliarde Benutzer zu unterstützen. Und SEC-Kommissar Hester Peirce, in der Crypto-Community allgemein als „Crypto Mom“ bezeichnet, unterstrich sogar die dringende Notwendigkeit regulatorischer Klarheit aufgrund der jüngsten Ereignisse im Weltraum.

Wird mit PayPal, Tesla, Mastercard, BNY Mellon und anderen, die in die Kryptosphäre eintreten, nicht klarer als je zuvor, dass digitale Assets jetzt Teil des Mainstreams sind? Dass ihre Massenadoption begonnen hat und es um die Gegenwart geht, nicht um die Zukunft?

Im vergangenen Jahr befragte Cointelegraph Experten aus der Krypto- und Blockchain-Branche nach ihrer Meinung zur Kryptointegration und Massenakzeptanz von PayPal sowie zur Bedeutung von 2020 in der Geschichte von Bitcoin . Diesmal stellt sich die Frage: Was bedeutet Teslas jüngste Investition von 1,5 Milliarden US-Dollar in Bitcoin für den Kryptoraum im Hinblick auf die Finanzmärkte, für die Kryptoakzeptanz und den Markenaufbau sowie für die gesamte Branche im Allgemeinen?

Alex Tapscott, Geschäftsführer bei Ninepoint Partners:

„Teslas Kauf von Bitcoin hat zweifellos eine Schockwelle durch die Eckbüros aller Finanzchefs und Schatzmeister in Amerika und darüber hinaus ausgelöst. Einer der vielen Vorteile von Bitcoin besteht darin, dass es wie digitales Gold wirkt, Unternehmensbeteiligungen diversifiziert und das Währungsrisiko senkt. Jeder Finanzmanager sollte seine Stifte spitzen, um zu verstehen, ob und wann er sie kaufen sollte.

Tesla ist zwar nicht die erste Aktiengesellschaft, die Bitcoin für ihre Staatskasse kauft, aber bei weitem die wichtigste. Wie poetisch ist es, dass Elon Musk, ein Weltraumunternehmer, Bitcoin auf seine Fluchtgeschwindigkeit in Amerika gebracht hat!

Die Entscheidung von Tesla folgt einer Reihe hochkarätiger Ankündigungen großer Unternehmen, die zu einem Muster der Beschleunigung der institutionellen und Unternehmensakzeptanz passen. Ebenso bedeutsam für die Allokation der Staatskasse war Teslas Entscheidung, Bitcoin zu akzeptieren. Dies folgt den Spuren mehrerer anderer großer innovativer Unternehmen wie PayPal, Visa und anderer, die eine Autobahn zur Masseneinführung von Bitcoin bauen und nicht nur den Kauf und Verkauf von Bitcoin, sondern auch die Integration in ihre Händlernetzwerke ermöglichen. Bis Ende 2021 würde ich erwarten, dass viel mehr Unternehmen nicht nur Bitcoin halten, sondern auch eine echte Bitcoin-Strategie verfolgen. “

Da Hongfei, Gründer von Neo und Gründer und CEO von Onchain:

„Dies ist ein vielversprechendes Zeichen für das Interesse des Mainstreams und seine zunehmende Bereitschaft, Blockchain zu akzeptieren. Darüber hinaus wird bestätigt, dass Blockchain und Bitcoin für die Zukunft erhalten bleiben.

Im Laufe des Jahres 2020 investierten immer mehr Finanzinstitute in Bitcoin, und ich bin zuversichtlich, dass sich die Einführung von Blockchain beschleunigt, wenn sich das globale Finanzparadigma ändert, um die Digitalisierung und Dezentralisierung vollständig zu unterstützen. In Zukunft müssen wir weiterhin auf effektive Standards in der gesamten Branche sowie auf eine stärkere Integration drängen, um das bahnbrechende Potenzial der Blockchain voll auszuschöpfen. “

Bitcoin Bull dice che chi aspetta di „comprare il tuffo“ alimenterà la pompa da $50k a $100k

Un toro Bitcoin e fondatore della Capriole Investments Charles Edwards dice che chi aspetta di comprare il prossimo toro Bitcoin o aspetta la prossima correzione finirà per alimentare la pompa da 50 mila dollari a 100 mila dollari. Questo sta arrivando sulla scia del prezzo Bitcoin che supera i 30.000 dollari. Il prezzo è diventato un livello di prezzo psicologico come i famosi 10.000 dollari, dove ci si aspettava un ritiro.

Una previsione di un ritiro a 30.000 dollari è stata fatta da un importante analista, Timothy Peterson, che ha detto che il panico sarebbe iniziato quando il prezzo sarebbe arrivato. Ha anche affermato che un ritiro potrebbe essere in vista quando il prezzo arriverà, ma non prima. Krypto ha Bitcoin Revolution comunque superato quel livello nel giro di poche ore e ora commercia a quasi 33.000 dollari. Sembrerebbe quindi che chi aspetta un calo attenderà un po‘ di tempo.

Questo è chiaramente inaspettato, dato che la comunità Bitcoin non ha mai visto nulla di simile prima d’ora. Prima della fine del 2020, molti analisti hanno paragonato l’anno 2020 al 2017 a causa del mercato dei tori che ha portato al prezzo più alto di tutti i tempi del 2017 di circa 20.000 dollari. Tuttavia, con il passare del tempo, è diventato chiaro che il mercato dei tori in corso non è lo stesso del 2017 per molte ragioni.

Bitcoin Bull dice che chi aspetta di „comprare il tuffo“ alimenterà la pompa da $50k a $100k

In primo luogo, il mercato dei tori del 2017 è stato guidato dall’hype per le crittocorse. Il mercato dei tori in corso, d’altra parte, si dice sia guidato principalmente dall’adozione da parte degli investitori sia per i privati che per le aziende. Questo potrebbe essere il motivo per cui il prezzo ha rotto diverse resistenze senza sforzo e ha raggiunto nuovi massimi di tutti i tempi a volte quotidianamente per molti giorni di fila.

L’anno 2021 è ricominciato su questa ottima nota con Bitcoin che ha superato i 30.000 – quasi 33.000 dollari in poche ore. Alcuni analisti sono dell’opinione che l’anno sia quello del cripto. Anche grandi banche come Citibank hanno previsto che il prezzo potrebbe superare significativamente i 300.000 dollari entro la fine dell’anno. Con un inizio così interessante, sarà interessante vedere come andranno le cose con il passare dell’anno.

Similar to 2018, several investment firms are currently applying for a Bitcoin index fund with the SEC.

Valkyrie Digital Assets brings back memories of 2018, because the investment firm has now also applied for a Bitcoin index fund (ETF) with the US Securities and Exchange Commission.

This means that the race for a Bitcoin ETF has fully flared up again, as it was two years ago

The Texas-based investment firm applied on Friday to list the Valkyrie Bitcoin Trust on the New York Stock Exchange (NYSE). However, no ticker symbol is shown in the application.

However, the chances that the application will be granted are slim, because during the last Immediate Bitcoin record run several investment firms tried to get a Bitcoin ETF approved, including established ETF traders such as VanEck, Direxion and the Gemini crypto exchange, run by the Winklevoss twins.

In a previous interview with Cointelegraph, cryptoin CEO Donnie Kim, whose company had entered a Bitcoin ETF in October 2019, confirmed that the SEC is reluctant to wave through applications.

So he said at the time:

“First of all, the stock exchange supervisory authority wants to learn to understand this new asset class, which is why it uses delaying tactics to create waiting time. With this she wants to find out on the one hand which problems arise from existing Bitcoin financial products and on the other hand she hopes for legal requirements from politics. “

Although the American stock exchange regulator is known to react negatively, investment firms keep trying to get a Bitcoin ETF approved, especially in times of crypto hype .

On January 21, asset management company VanEck, which was one of the first investment firms to ever apply for a Bitcoin ETF, submitted another application to the SEC, whereby companies from the crypto industry are to be mapped in the relevant index fund.

Although no Bitcoin ETF has yet been approved in the USA, the Swiss Exchange has already listed several Bitcoin ETPs that are similar to an ETF. In addition to comparable crypto investment products from Grayscale, an Ethereum ETF was recently issued in Canada , which is very popular.

Bitcoin’s boom has been amazing and not just for BTC holders who got in on the ground floor and benefited the most from the coin’s appreciation, whose value reached nearly $28,600 last week.

It’s also great for those with a smaller amount of Bitcoin who have made a significant profit. However, there is a very real concern that the highly volatile crypto market will act on its nature, and BTC will plummet again, just as fast as it skyrocketed.

Now is the time to take action to capitalize on the currency’s upward trajectory, not only by making a profit on current market conditions, but also by gaining the opportunity to double your Bitcoins in a matter of months, with almost no risk!

The way to do this is with crypto arbitrage, which is widely accepted as one of the lowest risk forms of investment, providing reliable profits.

How can you guarantee a profit?

Crypto arbitrage is the most stable method of digital currency investing because it allows you to bypass all the dangers associated with crypto market volatility and generate revenue from price inefficiencies on digital currency exchanges.

It consists of using automated algorithmic trading software to find instances where a currency is temporarily available at different prices, at the same time, on multiple exchanges. The algorithm will then buy the coin on the exchange where the price is lower and then immediately sell it on the exchange where the price is higher, making a profit before the price adjusts and the window of opportunity closes.

One of the biggest names in the industry is ArbiSmart, and it can be a classic example of how crypto arbitrage can be used to generate consistent, substantial and predictable passive income. ArbiSmart’s automated and regulated platform is connected to 35 exchanges, which it scans 24/7 to find, and then exploit, inefficiencies in crypto pricing. The AI-based algorithm adapts to developing market conditions, responding to opportunities in a split second and executing a huge volume of trades simultaneously.

The ArbiSmart platform guarantees returns ranging from 10.8% to 45% per year, depending on the amount deposited. In the account section of the platform, monthly and yearly profits are clearly shown, so you know in advance exactly how much you can expect to earn over a given period of time, without any surprises, allowing you to manage your finances properly.

Actual profits are likely to be much higher, as the platform not only offers compound interest, but also allows you to benefit from capital gains from the increased value of the native token.

When investors sign up, their deposit is converted into RBIS, ArbiSmart’s token that is used for crypto arbitrage (although funds can be withdrawn at any time in BTC or EUR). The token is already worth over 120% more than when it was introduced in early 2019. It is steadily increasing, and based on its current steady growth rate, RBIS is expected to rise in value by 3,000% by the end of 2021.

What about the risks of crypto investments?

With crypto arbitrage, the simple fact that you don’t try to take advantage of the volatility of the crypto market means that you can somewhat mitigate the risks that come with entering the world of digital currencies. However, it in no way helps the biggest dangers of entering the world of decentralized finance: the fact that it is seriously under-regulated, its innate anonymity and lack of control, factors that allow malicious actors to enter this space.

Crypto markets offer new and emerging assets for which legislation in many countries has yet to catch up. This results in a financial environment with a high level of uncertainty due to a lack of regulation and consumer protection.

2020 har vært et produktivt år for Bitcoin, og det har korrelert med en massiv økning i mengden av de aktive lommebokadressene i år.

Innsikten kom fra kryptokurrencyanalysen Coin Metrics ‚ State of the Network-rapporten som skisserte de viktigste takeawayene fra rommet i 2020

Mens Covid-19 har hindret økonomier rundt om i verden, har kryptovalutaområdet hatt en periode med stor gjenoppblomstring.

Ikke mer slik at Bitcoin, som har brutt seg løs fra sjaklene for å sette nye heltid i 2020 .

‚Return of Bitcoin‘

Hovedtyngden av artikkelen er sentrert rundt Bitcoins comebackår og innflytelsen fra institusjonelle investeringer som til slutt kommer inn i kryptovalutaområdet på en meningsfull måte.

Artikkelen nevnte betydelige investeringer fra slike som MicroStrategy, Square, MassMutual og andre vanlige finansinstitusjoner og investorer som drev økningen i verdien av Bitcoin.

En viktig beregning identifisert av Coin Metrics-forsker Nate Maddrey var antall aktive Bitcoin-adresser – som har sett en økning på 100 prosent fra rundt 600 000 aktive adresser til 1,2 millioner.

Maddrey noterte seg også at Bitcoins gruvebelønning halverte i 2020, og hadde en tilfeldig timing med pågående finanspolitiske stimuleringstiltak ansatt av den amerikanske regjeringen.

Universal Protocol Alliance [UPA] som inkluderade framstående blockchainföretag som Bittrex Global, Ledger, CertiK, InfiniGold och Uphold lanserade Universal Carbon [UPCO2] på en offentlig blockchain. Det kan köpas och hållas som en investering eller brännas för att kompensera för en persons koldioxidavtryck.

Enligt pressmeddelandet delat med AMBCrypto:

„… UPCO2-token kommer att demokratisera en viktig ny tillgångsklass, vilket kan leda till att ett globalt clearingpris för koldioxid (som idag finns för råvaror som olja och guld) och fler resurser går direkt till miljöprojekt.“

En UPCO2-token representerade ett verifierat projekt i regnskogen som minskade koldioxidutsläppen med ett ton per år. Alliansen tillhandahöll ett digitalt certifikat utfärdat av Verra, en internationell standardbyrå, som gör det möjligt för certifierade projekt att omvandla sina växthusgasreduktioner (GHG) till omsättbara koldioxidkrediter.

Ordföranden för UP Alliance, Matthew Le Merle noterade:

”De projekt vi stöder genom inköp av koldioxidkrediter förhindrar avskogning i Amazonas, Kongo-bassängen och Indonesien samt andra hotade regnskogar. För en ny generation investerare som söker mer än bara ekonomisk avkastning erbjuder UPCO2 attraktiva sociala, ekonomiska och miljömässiga fördelar. Vid ett viktigt ögonblick för klimatförändringar tillåter UPCO2 människor världen över att göra gott för planeten och potentiellt göra det bra för sig själva. ”

De frivilliga koldioxidkrediterna som stöder dessa koltoken bör så småningom få samma pris var som helst, enligt ordföranden. Logiken bakom detta var att de representerar, ett ton kol per år, som mäts detsamma för alla företag som vill kompensera sitt koldioxidavtryck. De dollarnominerade, globalt erkända, fungibla och fleråriga tillgångarna bör bibehålla sitt optionsvärde fram till konsumtion.

Ordföranden avslutade vidare:

”Kombinera en digital tillgång med en koldioxidutjämning i regnskogen och ge alla i världen tillgång. Hur kan det inte vara en bra idé? ”

Some crypto investors like to risk debt just to get into Bitcoin.

Getting a loan is a complex personal decision that should be made with great care and financial prudence. Bitcoin ( BTC ) has recently risen to an all-time high, so some Bitcoiners have taken out bank loans to buy more of the asset.

To some, this may seem like a shortcut to riches; others see such financial measures as stupid given the volatility in the area

In a tweet on Friday by Peter McCormack, the What Did Bitcoin podcast moderator called it, he had bought 2.55 Bitcoin with the help of a loan in the amount of 46,250 US dollars. He expects to pay back more than $ 57,000 within six years.

„If Profit Secret is at $ 22,669.35 in December 2026, I’ll be in the black,“ said McCormack. „I wanted to borrow a lot more money. My regular income can easily handle the monthly repayment of $ 800. But that was the highest I could make with my bank after thinking about the idea for a few minutes.“

McCormack is a well-known figure in the crypto space. He said he could afford to lose the money on the bitcoin investment. He currently has income from his podcast, but his 2018 portfolio suffered badly during the market downturn. At the time , he tweeted that he had turned $ 32,000 into $ 1.2 million. Then it all fell back to pretty much zero.

Vitalik Buterin strongly condemned such loans. The Ethereum co-founder stated in a tweet that he sold half of his BTC in 2013 when he was „only a few thousand dollars“ instead of taking out a bank loan to buy more crypto.

Crypto enthusiasts are divided on whether non-wealthy investors should take out bank loans just to buy more crypto

A Redditor who claimed it took out a loan in late September when Bitcoin price was below $ 11,000 said yesterday that it was „borrowing even more“ now that the price was above $ 19,000 .

„Borrowing at $ 11,000 was a good move,“ said Reddit user Yung-Split in response to the investment. „Be extremely careful about shopping now and after a spike. […] If you go into debt and buy from a local high, you could easily destroy your optimism.“

„You just played poker and you got lucky,“ said Redditor Grimeflea. „Because you were lucky, you think you hacked the system and got it right. This psychology will catch up with you soon. […] Anyone who thinks you can ‚invest‘ someone else’s money wisely is a Idiot.“

Cointelegraph reported in June that a flight attendant in the United Arab Emirates faces jail time and massive debt after failing to repay a $ 100,000 loan with Emirates Islamic Bank.

At press time, the Bitcoin price is $ 19,177. Over the past month it’s up 20.2 percent.

A former PBoC governor said China is taking a cautious approach to the digital yuan for now.

The Chinese government does not want to replace existing fiat currencies with its own digital currency, according to a former governor of the Chinese central bank (PBoC)

Zhou Xiaochuan, president of China’s Financial Association and former governor of the PBoC, claimed that China’s digital yuan was not intended to replace global fiat currencies like the US dollar and euro, according to the South China Morning Post on Dec. 14 reported .

The Digital Currency Electronic Payment, or DCEP, as China’s digital yuan is also called, is designed purely to facilitate cross-border trade and investment, Zhou said. Zhou compared China’s digital currency to the Facebook cryptocurrency project :

„If you are ready to use it, the yuan can be used for trade and investment. But we are not like Bitcoin Code and we do not want to replace existing currencies.“

Zhou went on to say that China has learned a lesson from regulatory opposition to the Libra project . Regulators feared the project would damage the financial system and monetary sovereignty.

Zhou said China is taking a more cautious approach:

„Some countries are concerned about the internationalization of the yuan. We cannot press them on sensitive matters and we cannot impose our will on them. We must avoid the impression of great power chauvinism.“

Zhou noted that one of the main advantages of DCEP is that it enables both payments and currency conversions in real time. „If the currency exchange is carried out at the moment of a retail transaction and there is supervision over this exchange, it brings new possibilities for dealing with one another,“ he said.

Zhou also stressed that most cross-border retail payments involving Chinese consumers are already cashless and processed through credit cards or payment services such as Alipay and WeChat Pay. But a digital yuan has additional advantages, such as real-time processing and transparency.

China is actively making progress in its work on its digital currency project . However, some financial experts in other countries have raised concerns that they will be lagging behind in developing their own central bank digital currencies. In October 2020 , Japan’s vice finance minister for international affairs warned the global community about the potential risks of China’s digital yuan. He also said there was a risk that China could gain an advantage if it were the first to introduce such a currency.

Bitcoin reached $19,000 immediately after the drop to $18,000 following the XRP flash crash on Coinbase

On November 24th, the price of Bitcoin (BTC) exceeded $19,000 for the first time in almost three years. The decisive rise came following a flash crash of XRP on Coinbase that shook the crypto market.

Perhaps the two events are just a coincidence. But considering that the price of Bitcoin rose almost immediately after the XRP correction, there could be a correlation.

XRP may have triggered Bitcoin’s rise to new highs.

As reported on 24 November by Cointelegraph, the price of XRP gained almost 80% in 48 hours. During the increase, the hype around cryptocurrency continued to intensify.

Interest in cryptocurrency has reached a point where it has overwhelmed Coinbase, the largest cryptocurrency exchange in the United States.

Joe Weisenthal, co-host of What’d You Miss on Bloomberg TV, pointed out that Coinbase has ended up in the Trends section on Twitter. The peak of interest in Coinbase materialised when the price of XRP began to rise. Weisenthal commented:

„Cryptocurrency Ripple has gone completely crazy in the last few days. Coinbase has just become a trend on Twitter, and all the tweets about it are people talking about buying it.“

The problem arose when XRP had a flash crash after touching $0.90 on Coinbase. The crash caused extreme market volatility in a short period of time. Bitcoin slipped around $18,000, while ETH dropped to $585.

Although it is difficult to conclusively demonstrate this, trends suggest that the flash crash pushed the algorithms to cause high volatility. The price of Bitcoin Hero review bounced sharply from $18,000 to $18,500, and in a few hours it exceeded $19,000.

When Bitcoin plunged to $18,000 within minutes, it may have hit a bidding zone. In other words, it may have hit an area with significant liquidity, causing many purchase orders to be executed.

What will be the next move?

In the short term, traders and analysts predict that Bitcoin will continue the uptrend and approach its historical high.

An investor known as „Blackbeard“ has pointed out the lack of inflows into exchanges despite BTC’s arrival at $19,000. This indicates that sales pressure on the main cryptocurrency is still relatively low:

„Even though BTC’s price is above $19,000, I don’t see any unusual numbers of inflows into cryptocurrency exchanges. Honestly, that makes me optimistic.“

Before the breakout over $19,000, trader „Salsa Tekila“ predicted the rise, saying that when the altcoins calm down, profits are likely to return to BTC:

„BTC has been stalled for a couple of days, while money is pouring into the altcoins. It’s not bearish for BTC. We are consolidating for a while before the $19,000. Realistically, I think we’re going to break the damn level. When? Probably when the altcoins calm down and people are selling to get back into Bitcoin.“

It is very likely that this trend, in which the profits from altcoins return to Bitcoin, will continue in the short term. In that case, the altcoin market may move sideways while BTC is riding a strong momentum.