#Breaking_News #CryptoCurrency #Bitcoin #BTCUSD #Trend #Update
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- Published: 19 January 2023 19 January 2023
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So Readers, good afternoon.
So I wanted to share my perspective in reference to the recent Bitcoin BTCUSD
pump up from Support price of $15.6K BTCUSD to $21.6K BTCUSD.
Everyone, myself included was calling the BTCUSD dip to $10K, then the epic pump to
$300K going into the next Bitcoin BTCUSD halving event, pending in the next approx. 1,500
days.
The $10K BTCUSD dip has not transpired yet. Survey question: Do you think that Bitcoin BTCUSD
does dip, -85%, like it has done 4 times in its history, then we have the epic pump to $300K,
going into the next halving? It could and time will tell.
I know this much: The Trend is always my friend. So what is the current Bitcoin BTCUSD Trend indicator say?
Here is a link for your review:
https://www.barchart.com
/crypto/quotes/%5EBTCUSD
and
https://www.barchart.com
/crypto/quotes/%5EBTCUSD/opinion
So yes, in the last month, Bitcoin BTCUSD pumps up from $15.6K! Everyone is so thankful, myself included!
Here is another thought: Did Bitcoin BTCUSD, just have a Bear Market rally?
What does the Trend indicator say and why would that matter? Yes, the -100%
Sell Trend is now an -8% Sell Trend, thus a +92% improvement, however, Bitcoin BTCUSD
on Barchart, still reads a -8% Sell Trend!
So now you may ask, "What is my point"? My point is that yes Bitcoin BTCUSD pumps great up from $15.6K...however,
the Bitcoin BTCUSD Trend indicator is still a -8% Sell Trend! The bear market rally, relief rally always feels so Great!
So I, like everyone else in the Bitcoin BTCUSD market is cautious yet op·ti·mis·tic! Does Bitcoin BTCUSD pump
from $21.6K, to $300K? Or does the bear market Trend continue and we see a retest of Bitcoin BTCUSD at $10K? Is
this a suckers rally?
Anything is within the realm of possibilities in investing\speculation. Bitcoin BTCUSD could go to $0.00 and become worthless, or pump to $10 Million + per coin, right?
So, here is my trading plan for Bitcoin BTCUSD: Each week, I DCA (Dollar Cost Average) $5.00 worth of Bitcoin BTCUSD,
when it's Trend indicator reads -100% Sell Down Trend. Just like in computer coded: If Then statement: If the above mentioned Trend indicator "Shifts" from Red to Green...then I increase my DCA (Dollar Cost Average) amount from
$5.00 per week to $100 DCA (Dollar Cost Average) per week.
Jessie Livermore hath quoted: Always trade\speculate in the direction of the "Trend", because "The Trend is my Friend"!, Never average down. No Buy the dip! Also, "You won't know a market, until you are "in it".
I know the Bitcoin BTCUSD market, because I am in the Bitcoin BTCUSD market. Here is a link to my Bitcoin BTCUSD
trades for your review: https://altcoingazette.com/index.php/bitcoin-btc-trades I will eat crow, if Bitcoin BTCUSD doesn't
retest, dip to $10K...either way I DCA $5.00 until Trend shift! Either way I win. I always win.
This type of Trend trading has earned a fortune for myself in Bitcoin BTCUSD, also most recently in Energy and Gold\silver mining stocks\stonks! Whew! At one time, I made have held the world record in the greatest number of swing trading
points in Bitcoin BTCUSD, if I had to guess, I was at one time, up between 500K to 750K trading points in Bitcoin BTCUSD,
only to give all of those trading points back! Thus approx. 1.5 million total swing trading points in BTCUSD, whew!
It's called momo swing and trend following Breakout at it's best! So during this last cycle, because DCA I was able to
average into Bitcoin at several purchases of $16.5K.
Jessie Liver hath quoted: "It's not the trading, you can't trade everyday, sometimes you just have to "Sit Tight",
and wait for the Trend to "Shift"! in physics, "Shift Happens"!
Trend...Trend...Trend!
May the Trend Be with you Readers! Always read the Altcoingazette.com everyday so you can look over the shoulder
of myself, and see real time as the next mega Trend Breakout transpires. Trend!
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#Breaking_News: #Altcoingazette #Publishes an #Article on the #Merger of #artificialintelligence and #cryptocurrency #Bitcoin #BTCUSD #Ethereum #ETHUSD
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- Published: 19 January 2023 19 January 2023
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The merger of artificial intelligence (AI) and cryptocurrency represents a potentially powerful combination of two cutting-edge technologies. On one hand, AI has the ability to analyze vast amounts of data and make predictions, while on the other hand, cryptocurrency has the potential to revolutionize the way we conduct financial transactions. Together, these technologies could lead to new and innovative solutions in areas such as finance, supply chain management, and more.
One potential application of AI in the cryptocurrency space is in the area of trading. AI algorithms can analyze vast amounts of market data and make predictions about the future price of a given cryptocurrency. These predictions could be used to inform trading decisions, potentially leading to more efficient and profitable trading. Additionally, AI could be used to detect and prevent fraudulent activity in the cryptocurrency market, such as money laundering or market manipulation.
Another area where AI and cryptocurrency could merge is in the field of supply chain management. Blockchain, the technology underlying most cryptocurrencies, is well-suited to tracking the movement of goods and ensuring their authenticity. By combining blockchain with AI, it could be possible to automatically track goods as they move through the supply chain, providing real-time visibility into the movement of goods and reducing the risk of fraud.
AI and cryptocurrency could also be used together to improve financial services. For example, AI algorithms could be used to analyze the financial data of individuals and provide personalized financial advice. Additionally, smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code, could be used to automate the execution of financial transactions, reducing the need for intermediaries and increasing the speed and efficiency of financial transactions.
In conclusion, the merger of AI and cryptocurrency has the potential to lead to new and innovative solutions in areas such as finance, supply chain management, and more. It is an exciting area of technology that is worth watching closely in the coming years as it develops further.
Check out these Great .999 Silver Bullion products,
(Great hedge against inflation and hyper inflation) that the
Altcoingazette.com manufactures, right here in the Good Old
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https://www.ebay.com/str/altcoingazette
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Breaking_News: #Altcoingazette #Publishes #Article on #Blockchaintechnology #BTCUSD #ETHUSD
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- Published: 19 January 2023 19 January 2023
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Blockchain technology is the underlying technology of most cryptocurrencies, including Bitcoin. It is a decentralized and distributed digital ledger that records all transactions on a network. This technology is a topic of interest because of its potential uses in various industries beyond just finance.
One of the most significant potential uses of blockchain technology is in the finance industry. Blockchain can enable faster and more secure financial transactions, as well as reduce the need for intermediaries such as banks. This can lead to cost savings and increased efficiency for financial institutions. Additionally, blockchain technology can also provide transparency and immutability in the financial system which can increase trust and reduce the risk of fraud.
Another potential use of blockchain technology is in the supply chain industry. Blockchain can provide transparency and traceability throughout the entire supply chain, from the origin of raw materials to the final delivery of goods. This can increase efficiency and reduce the risk of fraud in the supply chain. Additionally, blockchain technology could also be used for tracking goods through the supply chain, which can help to prevent counterfeit products from entering the market.
Blockchain technology also has potential in the healthcare industry. Blockchain can provide a secure and decentralized way to store and share medical records. This can increase the efficiency of the healthcare system and reduce the risk of errors. Additionally, it could also be used for managing the supply chain of drugs and medical devices, which can help to prevent counterfeit products from entering the market.
However, it's important to note that while blockchain technology has the potential to revolutionize various industries, it is still in its early stages of development and there are challenges that need to be addressed. For example, scalability remains a significant issue, as blockchain networks can currently only handle a limited number of transactions per second. Additionally, there is a need for standardization and regulation to ensure the secure and efficient use of blockchain technology in different industries.
In conclusion, Blockchain technology is the underlying technology of most cryptocurrencies and a topic of interest because of its potential uses in various industries such as finance, supply chain and healthcare. It can provide transparency, immutability and security in the systems, but it is still in its early stages and requires further development and standardization to reach its full potential.
Check out these Great .999 Silver Bullion products,
(Great hedge against inflation and hyper inflation) that the
Altcoingazette.com manufactures, right here in the Good Old
U.S.A.! Purchasing such, helps supports the Altcoingazette.com!
https://www.ebay.com/str/altcoingazette
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#Breaking_News: #Altcoingazette #Bitcoin #BTCUSD is the first and most well-known #cryptocurrency
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- Published: 19 January 2023 19 January 2023
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Bitcoin is the first and most well-known cryptocurrency. It was created in 2009 by an unknown individual or group using the pseudonym Satoshi Nakamoto. Since its inception, Bitcoin has become a popular topic of discussion in the financial world, with many experts hailing it as a revolutionary technology that could change the way we think about money.
One of the main reasons Bitcoin is often discussed is its potential as a store of value. Bitcoin's decentralized nature and the finite number of Bitcoins that can be mined, 21 million, make it similar to traditional commodities like gold. This has led many to argue that Bitcoin could serve as a hedge against inflation and a safe haven for investors during times of economic uncertainty.
Another reason Bitcoin is often discussed is its potential as a medium of exchange. Bitcoin's decentralized nature and the ability to make fast, low-cost transactions make it an attractive alternative to traditional forms of payment. This has led many to argue that Bitcoin could become a widely used form of currency in the future.
Finally, many people discuss Bitcoin as an investment opportunity. The value of Bitcoin has been known to be highly volatile, but it has also had several bull runs that have made early investors very rich. This has led many to view Bitcoin as a speculative investment, with the potential for high returns but also high risk.
However, it's important to note that Bitcoin is still a relatively new and untested technology, and it is still uncertain whether it will live up to its potential. Critics argue that Bitcoin's lack of regulation and the potential for illegal activities, such as money laundering and fraud, make it a risky investment. Additionally, its volatility also makes it hard to use as a medium of exchange.
In conclusion, Bitcoin is the first and most well-known cryptocurrency, and it is often discussed in relation to its potential as a store of value, a medium of exchange, and an investment opportunity. While it has the potential to revolutionize the way we think about money, it's still uncertain if it will live up to its potential. It is important for investors to be aware of the risks and potential downsides of investing in Bitcoin.
Check out these Great .999 Silver Bullion products,
(Great hedge against inflation and hyper inflation) that the
Altcoingazette.com manufactures, right here in the Good Old
U.S.A.! Purchasing such, helps supports the Altcoingazette.com!
https://www.ebay.com/str/altcoingazette
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