Top 10 (23/10) Price Analysis: BTC, ETH, XRP, BCH, BNB, LINK, DOT, LTC, ADA, BSV

Bitcoin is showing signs of profit, resulting in a slight drop in altcoin prices.

PayPal’s crypto announcement acted as a trigger that took the price of Bitcoin (BTC) to a new record of 52 weeks. During these news based events, traders holding short positions are caught off guard and are forced to cover their trades, resulting in the kind of squeeze seen during the October 21st high.

However, after this initial rally, the next leg of the bullish trend is only possible if demand increases and bulls continue buying at higher levels.

Data from the Huobi exchange suggest that professional traders are not convinced that the current bullish trend justifies the opening of long positions and Cointelegraph contributor Marcel Pechman explained that this could be a sign of weakness.

On the other hand, the number of open contracts on CME Bitcoin futures shows a different picture. WEC has now become the second largest Bitcoin futures exchange in terms of open contracts, losing only to OKEx. This suggests that institutional demand may be increasing.

This opposite set of Bitcoin futures exchange data only increases the confusion among traders about the next possible move.

Let’s go deeper into traders‘ psychology for a better understanding. Institutional investors rarely buy for fear of losing the bullish pack.

These big traders can wait for the bullishness to sustain and complete a new successful test of the breakout level before buying.

Let’s take a look at the top 10 cryptomaps to determine what the technical indicators project.

BTC/USD

The Bitcoin (BTC) managed a leak and closed above the US$12,460 resistance on October 21. This move helped cryptomoeda reach a new high of 52 weeks, which is a sign of strength.

The exponential 20-day moving average (US$11,679) is rising and the simple 50-day moving average (US$10,943) has also begun to rise. This shows that both the short and medium term trend favour bulls.

However, the rise above US$13,000 pushed the relative strength index to close to 81, a level that attracted profit reserves the last two times it was hit.

The BTC/USD pair faces sales above US$ 13,000, but the bulls do not seem to be in a hurry to close their positions. If the pair does not fall below $12,460 in the next few days, it will increase the possibility of a bullish run to $14,000.

On the contrary, if bears can pull the price below the $12,460-12,050 support zone, this will suggest a lack of demand at higher levels. This move will suggest that the current leak was a bear trap.

ETH/USD

Ether (ETH) had a leak and closed above US$395 on October 22. This move completed the upward triangle pattern, which targets US$478.

The 20-day MME on the rise (US$377) and the RSI on positive territory suggest that the bulls are in the lead.

However, bears are currently trying to pull the price back below the $395 escape level. If they are successful, this will signal that the current escape was false. The next support on the downside is the bullish trend line.

On the other hand, if the ETH/USD pair recovers from $395, this will suggest that the breakout is valid. The uptrend may gain momentum after the bulls push the price above $421.

XRP/USD

The XRP tried to rise above the US$0.2295-0.26 range on Oct. 21, but the bulls failed to close the price above US$0.26. This suggests a shortage of buyers at higher levels.

The failure of the XRP/USD pair to move out of the range could have attracted profit reserves. If the price falls below moving averages, this will suggest that the range-limited stock will likely extend for a few more days.

Contrary to this assumption, if the price hits the 20-day MME ($0.24), the bulls will again try to drive the pair above the $0.26–0.265763 resistance zone.

A break and close (UTC time) above the resistance zone will complete an inverted head and shoulders pattern that may signal the beginning of a new uptrend with a target of US$0.30.

BCH/USD

Bitcoin Cash (BCH) is facing the sale close to overall resistance of US$ 280. This shows that the bears are trying to keep the price below this level. If they succeed, a fall to the 20-day MME ($247) is possible.

However, the MME’s upward slope of 20 days and the RSI near the oversold zone suggest that the path of least resistance is up.

If bulls can push the price above US$280, a move to US$300 is possible. This level may act as resistance, but if bulls can push the price above it, the BCH/USD pair may resume the uptrend and reach $326.30-US$337.90.

This optimistic view will be invalidated if the pair falls from current levels and breaks below the critical support of $242.

BNB/USD

The Binance Coin (BNB) had a leak above the downward trend line on 22 October. This suggests that the correction may be over. Rising moving averages and RSI above 56 suggest the bulls are in the lead.

If bulls can push the price above $31.9798, a further test of the 52-week high at $33.3888 is possible. A breakout and closure above this level may resume the uptrend that could challenge the all-time high at $39,5941.

This optimistic view will be invalidated if the price continues to fall from current levels and drops below US$28.50. Such a move could initiate a deeper correction to $22.

LINK/USD

The Chainlink (LINK) completed a rising triangle pattern when it broke and closed above US$11,8028 on October 22. The goal of this upward configuration is $15.

The MME’s 20-day gradual slope ($10.71) and RSI above 57 suggest that the bulls are in the lead.

However, bears are not willing to allow bulls to do what they want. They are currently trying to drag the price back below the $11,199-11,8028 support zone. If they can do that, it will suggest that the current escape was a bull trap.

On the other hand, if the bears can’t sustain the price below the support zone, it will indicate that the bulls are piling up in casualties. This could increase the possibility of a high to $13.28 or more.

DOT/USD

The Polkadot (DOT) closed above the 20-day MME (US$4.17) on October 22. The bulls will now try to push the price above the overload resistance by US$4.6112. A close above this resistance could push the price to $5.5899.

The 20-day MME has stabilised and the RSI has risen above 50 levels for the first time in over a month. This suggests that selling pressure has reduced and the bulls are trying to make a comeback.

However, if the price drops below the 20-day MME again, the DOT/USD pair may extend its stay within the range for a few more days. The pair may go negative if the bears sink the pair below the critical support of $3.5321.

LTC/USD

Litecoin (LTC) completed an inverse head and shoulders pattern when it burst and closed above the US$51-52.36 resistance zone. The standard target of this high reversal configuration is $61.

The rising 20-day MME (US$49) and RSI near the overbought zone suggest that the bulls are in control.

However, after the initial increase, the price can test the escape zone again at US$51- 52.36. If the bulls buy the dive for this zone and the price rebounds sharply, this will suggest that the zone may act as a floor in the future.

This optimistic view will be invalidated if the bears drag and keep the LTC/USD pair below $51. This move will suggest that the current escape was a bull trap.

ADA/USD

The Cardano (ADA) has been trading within a growing wedge pattern in recent days. The bulls failed to push the price above the immediate resistance at US$ 0.1142241, which shows a lack of demand at higher levels.

The rising wedge is generally considered to be a low setting. The pattern will be completed when the price drops and closes below the wedge support line. Such a move could drag the price to $0.090 and then to $0.0755701.

However, the 20-day MME rising ($0.10) and the RSI in the positive zone suggest a small advantage for the bulls. If buyers can push the price above the wedge, the ADA/USD pair may initiate a bullish move that could reach $0.01445.

BSV/USD

The Bitcoin SV (BSV) has formed a symmetrical triangle pattern, showing indecision between bulls and bears. Although the bulls pushed the price above the triangle on October 22nd, they could not sustain the higher levels.

The price has dropped from the bearish trend line and the bears will now try to sink the BSV/USD pair to the triangle’s bullish trend line. If this support breaks, a drop to $146.20 is possible.

On the other hand, if the pair recovers from the uptrend line, the bulls will again try to push the price above the triangle. If they succeed, a rise to $180.63 and then $227 may be expected.

Binance trades $306 billion in one quarter

The current price for one Bitcoin (BTC) is currently $11,742.28. That’s 2.19% more than 24 hours ago. If you want to buy bitcoin for $100 now, you will get about 0.0085 BTC for this.

The total market cap is $217,492,565,059.00 with a circulation of 18,522,175 BTC.

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Bitcoin (BTC) minus again a bit more difficult: +3.6%

The so-called difficulty level for the minus of Bitcoin (BTC) has risen again. By 3.6% to be exact.

Miners send computing power to the Bitcoin network to find the next block. This leads to a continuous growth of this hashrate. As a result, the level of difficulty also increases.

The difficulty level adjusts every ~2 weeks based on the previous 2016 blocks. Last Saturday afternoon the difficulty rate was adjusted again.

This mechanism ensures that a new block is found every ~10 minutes. As soon as more computing power goes to the network, the difficulty increases.

Once the hashrate, the difficulty rate calibrates to a lower number. Glassnode’s graph below shows an increase of the yellow line.

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Binance traded $306 billion in quarter three, a record

Binance has done good business in quarter three of 2020. The Bitcoin and Crypto Exchange traded for $306 billion in the months of July, August and September.

According to an analysis by The Block Crypto, the exchange has grown considerably. It means that the exchange from Malta is processing market share in the highly competitive spot market.

Compared to quarter two, there is a growth of 110%. In absolute terms, from $ 146.3 billion to $ 306.6 billion. Earlier research already showed that Binance is currently market leader.

In August, CEO Changpeng Zhao sighed that it was „busier than during the 2017 hype“.
IMF calls for new ‚Bretton Woods‘, will it be Bitcoin versus fiat?

Governments need to work more together to save the world economy from the current corona crisis. This is what the International Monetary Fund (IMF) is arguing for.

They even make an explicit reference to the Bretton Woods agreement of 1944, the start of the dollar as a world reserve currency.

Is history going to repeat itself? And what role can Bitcoin play?

Governments need to work more together to save the world economy from the current corona crisis. This is what the International Monetary Fund (IMF) argues for.

They even make an explicit reference to the Bretton Woods Agreement of 1944, the start of the dollar as a world reserve currency.

Is history going to repeat itself? And what role can Bitcoin play?

 

Calloway Crypto System – Ist dies eine legale Handelssoftware?

Das Calloway Crypto System – Ist dies eine legale Handelssoftware?

Bei CoinRevolution sind wir hier, um Ihnen Fakten über die Finanzmärkte zu liefern, einschließlich über Broker, Handelssoftwarelösungen, Handelswerkzeuge und mehr. Unser Ziel ist es, sicherzustellen, dass Sie einen fairen Start haben, wenn Sie die Handelsarena betreten, und dass Sie immer ehrliche, unvoreingenommene Informationen bei Bitcoin Evolution zur Hand haben.

Heute werden wir das Calloway Crypto System überprüfen und aufdecken, ob diese Handelssoftware ein Betrug oder legal ist.

Von Anfang an wußte niemand, was man von Krypto-Währungen halten sollte. Niemand wußte, ob Kryptowährungen tatsächlich ein brauchbares Investitionsvehikel oder einfach nur eine Modeerscheinung waren, die bald verschwinden würde. Heutzutage ist es jedoch überdeutlich geworden, dass eine Kryptowährung ein legitimes Investitionsinstrument ist und viele Menschen recht wohlhabend gemacht hat.

  • Die Aufnahme von Kryptowährungen in den Mainstream hat ihren Wert katapultiert und viele Händler von Kryptowährungen sehr reich gemacht.
  • Ein Teil der Nachfrage nach Kryptowährungen ergibt sich aus ihren verschiedenen vorteilhaften Eigenschaften, wie z.B. mehr Privatsphäre, schnellere Transaktionen und niedrigere Transaktionskosten.
  • Ein weiterer Faktor, der die Kryptowährungen so beliebt gemacht hat, ist, dass sie nun auch für diejenigen leicht zugänglich sind, die nicht viel Kapital investieren müssen.
  • Heute benötigen Investoren nicht mehr Tausende von Dollar, um direkt in Kryptowährungen zu investieren.
  • Solange man sich für einen zuverlässigen und seriösen Broker entscheidet, kann jeder mit Kryptowährungen online handeln und erhebliche Gewinne erzielen.
  • Da die Entwicklung der Kryptowährungsindustrie seit ihren Anfängen wirklich weit fortgeschritten ist, gibt es auf dem Markt zudem eine große Auswahl an effektiver Handelssoftware und -produkten, die für den täglichen Gebrauch zur Verfügung stehen.
  • Zu diesen Handelswerkzeugen, die Investoren bei der Analyse der Märkte helfen sollen, gehören automatisierte Handels-Bots, Handelssignale, verschiedene Charting-Tools und Fachberater.
  • Diese Handelswerkzeuge helfen nicht nur dabei, gewinnbringende Entscheidungen zu treffen, sondern helfen auch beim Risikomanagement, wenn sie richtig und effektiv eingesetzt werden.

In diesem Bericht soll diese Art von Handelswerkzeugen, die von der Calloway Crypto System Handelssoftware, die automatisierte Handelssignale liefert, angeboten werden, unter die Lupe genommen werden.

Die Anmeldung zum Calloway Crypto System

Gleich bei Ihrer Ankunft auf der Website des Calloway Crypto System erhalten die Händler die Option „Get Access Now“ über eine Schaltfläche auf der rechten Bildschirmseite der Homepage der Website. Der Benutzer wird gebeten, zunächst seinen Vornamen, Nachnamen und seine E-Mail-Adresse anzugeben. Nach dem Drücken der Schaltfläche werden die Benutzer zu einem weiteren Formular weitergeleitet, das sie ausfüllen müssen.

Dieses nächste kurze Formular fordert die Benutzerinnen und Benutzer auf, ein Passwort zu erstellen.
Ein Benutzer kann sich dafür entscheiden, das von der Website vorgeschlagene Passwort zu verwenden, das automatisch in seinem Webbrowser gespeichert wird, so dass sich der Benutzer nicht sofort an das Passwort erinnern muss.

  • Alternativ kann der Benutzer auch sein eigenes Passwort erstellen.
    Außerdem fragt das Formular, in welchem Land sich der Benutzer befindet.
  • Benutzer sollten sich jedoch bewusst sein, dass das Calloway Crypto System nicht alle Gerichtsbarkeiten bedient.
  • Zum Beispiel ist es Investoren in den USA nicht gestattet, die Calloway Crypto System Handelsplattform zu benutzen.
  • Das Dashboard des Calloway Crypto System zeigt alle Kryptowährungen an, die Investoren zum Handel zur Verfügung stehen.
  • Das Menü der Kryptowährungen ist angemessen und enthält alle wichtigen Kryptowährungen, wie man sich vorstellen könnte, dass sie enthalten sind.
  • Obwohl sich das Calloway Crypto System hauptsächlich auf die Bedienung des Kryptowährungsraums konzentriert, werden die Benutzer auch feststellen, dass der Devisenhandel ebenfalls verfügbar ist.
  • Alle wichtigen globalen Währungspaare stehen für den Handel über das Dashboard zur Verfügung.
  • Das Dashboard hat auch Zugang zu den verschiedenen Handels- und Chart-Tools, um Investoren bei der Analyse der Marktbedingungen zu unterstützen, damit sie eine profitable Handelsstrategie richtig umsetzen können.

Auf der anderen Seite bietet das Calloway Crypto System für diejenigen, die weder die Zeit noch die Fähigkeit haben, die Märkte selbst zu analysieren, automatisierte Handelssignale laut Bitcoin Evolution, die automatisch und ohne Mühe Handelsentscheidungen treffen und es den Investoren ermöglichen, Handel zu tätigen, ohne etwas zu tun.

150.000 Mt. A Gox Bitcoin não vai acionar uma correção tão cedo

150.000 BTC do agora extinto Bitcoin Exchange Mt. Gox provavelmente não chegará aos mercados tão cedo.

Há uma especulação crescente de que 150.000 Bitcoin (BTC) do administrador do Mt. Gox poderiam se mudar em 15 de outubro. Mas muitos fatores sugerem que isso é altamente improvável, dados os registros passados.

Entre 2011 e 2013, o Mt. Gox perdeu 850.000 BTC no maior ataque de hacking da história do Bitcoin. O fiduciário tem alegadamente 150.000 BTC para pagar os usuários que perderam seus fundos devido à quebra.

No entanto, há muitos obstáculos a serem enfrentados antes que os reembolsos possam ser emitidos. O processo de reembolso tem sido continuamente atrasado desde 2019, e os reembolsos provavelmente não acontecerão tão cedo.

Por que há uma súbita especulação sobre os 150.000 Mt. Gox BTC em movimento?

Em 30 de junho, o administrador do Mt. Gox divulgou uma declaração no site oficial do Mtgox.com. O curador, encarregado de redistribuir os fundos aos antigos usuários, disse que o Tribunal Distrital de Tóquio concedeu uma prorrogação do prazo até 15 de outubro. O documento foi lido:

„Em face do exposto, o curador de Reabilitação apresentou uma moção para solicitar uma prorrogação do prazo de apresentação do plano de reabilitação no Tribunal Distrital de Tóquio e, em 30 de junho de 2020, o Tribunal Distrital de Tóquio emitiu uma ordem para prorrogar o prazo de apresentação do plano de reabilitação até 15 de outubro de 2020“.

Com base neste documento, alguns investidores sugeriram que isso poderia causar a movimentação de 150.000 BTC, potencialmente agitando o mercado.

Mas há duas razões fundamentais para que o curador não movesse a Bitcoin a curto prazo.

Primeiro, a prorrogação diz respeito à apresentação do plano de reabilitação, não ao reembolso do Crypto Genius. Simplificando, o prazo de 15 de outubro é para o fiduciário apresentar um plano, não para reembolsar investidores.

Em segundo lugar, o agente fiduciário tem continuamente solicitado prorrogações ao longo do ano passado. Uma declaração idêntica foi apresentada em março de 2020 e em abril de 2019, e foram concedidas prorrogações de prazo.

O dia 15 de outubro não é o prazo real para reembolsos de usuários e o fiduciário atrasou o processo várias vezes no passado. Com base nestes dois fatores, é seguro presumir que os 150.000 BTC do fiduciário do Mt. Gox não atingirão os mercados a curto prazo.

O Bitcoin permanece resistente apesar dos eventos negativos

Na semana passada, a Bitcoin enfrentou inúmeros eventos negativos que exerceram uma pressão de venda significativa sobre a BTC.

Em 1º de outubro, a acusação do CFTC dos Estados Unidos contra a BitMEX imediatamente fez com que a Bitcoin recuasse mais de 5%, enquanto 24 horas depois, o presidente dos EUA, Donald Trump, contratou a COVID-19, fazendo com que a maioria das classes de ativos, incluindo a BTC, corrigisse.

Apesar dos eventos pessimistas consecutivos, a Bitcoin demonstrou uma resistência surpreendente durante todo o mês de outubro. O BTC ainda permanece acima de US$ 10.500, um nível de preços que atuou como uma área crítica de apoio desde agosto.

A médio e longo prazo, o analista da cadeia Willy Woo disse que as perspectivas de mercado da Bitcoin continuam positivas. Ele disse: