BITCOIN LOOKS BAD…

BITCOIN LOOKS BAD...

Today let’s talk about Bitcoin’s current trend and how bad it looks. However, when you stretch out the timeline, you’ll realize that things are not what they seem.

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0:00 Intro
1:00 Market Overview
2:00 It Looks Bad
7:40 Victory Day
9:00 CPI Numbers
10:30 Liquidations
11:50 Whales Manipulation
14:00 Terra
17:30 Q&A

🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

#bitcoin #btc #crypto

If you’re interested in investing in cryptocurrency, you’ve probably heard about blockchain and cryptocurrencies. The blockchains are digital databases in which digital transaction records are stored in groups called blocks. These blocks are constantly created as extensions of previous ones, creating a chain. A blockchain stores ever-increasing amounts of data. Cryptocurrencies are decentralized, meaning they’re not backed by a central bank. The blockchains are also maintained by their users, which means they’re not backed by any central authority.

Despite the growing popularity of cryptocurrencies, there are several risks associated with these projects. The energy used by these devices depends on market dynamics. If markets slide or crash, miners can slow down and eventually shut down their devices. This can be expensive and may cause them to become obsolete, resulting in a crashing crypto market. If you’re concerned about the energy costs of mining cryptocurrencies, you may want to consider using an alternative source of power.

While there are hundreds of different cryptocurrencies, Bitcoin is the most popular. There are many other common cryptocurrencies, including Ethereum, XRP, Bitcoin Cash, and others. Each cryptocurrency serves a different purpose, some of them are designed for private transactions, while others are used for financial transactions. Because cryptocurrencies are digital, the owners store the crypto in a digital wallet. Many popular crypto exchanges offer both offline and in-app wallets. Using an exchange means you’ll have access to a plethora of cryptocurrencies.

Ethereum, on the other hand, is widely used by the financial sector, but it’s not the only cryptocurrency to use. Ethereum’s decentralized computing platform, Solana, uses the SOL currency to pay transaction fees and staking, which gives holders a vote over future upgrades. You can buy SOL through Coinbase or a similar service. But beware of emerging crypto technologies – they may not be suitable for beginners. Besides, they may have extreme volatility or undiscovered smart contract bugs. For beginners, the best way to invest in a cryptocurrency is to research it well before you begin.

The price of BTC peaked at $48,200 on March 28. After a day of heightened volatility, the price of Bitcoin has dropped by about three-four percent and is expected to drop further. As a result, the Hang Seng and Shanghai Composite Index have declined 2.3 percent, while the London and German stock markets closed down slightly. Australia’s ASX will likely also experience a dip in the next few days. And if that’s the case, it might be time to consider a diversified crypto portfolio.

Speculative fever is fueling interest in crypto. While cryptocurrencies can be valuable, their value is based on the amount of community buy-in. And as more big players enter the crypto market, it is hard to argue with this fact. And while cryptocurrency will likely continue to be a valuable asset, it will remain highly volatile until the price stabilizes and the network’s capacity is expanded. So what’s the future of cryptocurrency? This is where Blockchain comes into play.

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