Bitcoin correction? Do people reap profits before Christmas? Or it’s just a sign of the end!

Anyone living in a cryptocurrency world knows exactly who controls the current cryptocurrency market. There was a time when the price of Bitcoin rose from $ 100 to $ 1,000 and plummeted or corrected to $ 200 after days. An 80% drop since the currency king didn’t stop once on one section of the highway, sometimes taking breaks and then another peak.

Bitcoin is quite volatile, no doubt. Entering new buyers and regulated exchanges is just the beginning of what we are looking at: the sunrise and not the morning.

As shown in the figure above, the bitcoin bullish market could not resist the sales of a for-profit investor who entered with $ 10K.

The price fell sharply by 15.16% for Bitcoin as it rose to a peak of 20,000 just 2 weeks ago. We now see a strong continuation triangle pattern that suggests the price may fall even further. Our main support is 13434 (Fibonacci retracement, horizontal oscillation low support, triangular design) and breaking this level can push the price up to 11172 support (Fibonacci extension, horizontal oscillation low support). Our next main resistance level is at 14757 (Fibonacci retracement, high resistance with horizontal oscillation).

On the other hand, prices have moved up and created a bullish pattern that breaks the 13434 resistance and is now at $ 15K.

After our research, we found the following cases that may have led to a recent failure.

Bitcoin cash mania

Is everyone aware of what bitcoin is? but most non-technical users have no idea that the Bitcoin currency they use is no longer the same. Bitcoin cash is the real economy, as described by unknown founder “Satoshi Nakamoto,” as Bitcoin cash claims to have more reliable and lower fees on the network, which is also true compared to Bitcoin cash, with average fees around $ 9. Up to $ 0.10, but for bitcoin, it can’t move less than $ 100.

Fresh hacking, hacks , nicehash, bitfinex, and various tiny exchange programs have been hacked because of the central nature of the services they run, one gets access to their servers, and eventually everyone can consume bitcoins.

Abridgment

The futures market has recently begun, where major regulated exchanges have come together to provide a safe and secure environment for trading with real and professional market participants, which may be futile for bitcoin.

Coinbase

Coinbase, which introduces Bitcoin cash theorist, suggests that when bitcoin cash was introduced, prices rose and someone inside leaked information about the timing of trading. Coinbase is now accused of helping bitcoin cash in getting a pump on the market.

Another important reason for tracking Bitcoin is the increase in fees for transactions from $ 100 to $ 1,000, with merchants now moving to Bitcoin cash, which comes with cheaper and lower fees.

Bitfinex will be the next Mt Gox. People start screaming about it.

Pumping and unfair play

Artificial pumping of the market can fundamentally change values, which can destabilize the market. Anyone who is familiar with the 2007-2009 financial crisis is aware of the rescue. Billions have been printed out of the air to support the U.S. economy. The BTC on Tether? Support it. Is a daily BTC trading volume from 6% to 17% + enough to move the price? This entry is not about whether BTC is backed by Tether – or not. It is simply about buying legal, valuable cryptocurrencies from counterfeit money that can be converted into USD or used to buy real goods and services.

Hard forks

Believe it or not this year, almost everyone is doing their own hard fork, which is good for creating competition, but it shows a lack of integrity in the Bitcoin community. There were so many villas, some failed, few proved to be frauds, and some left behind. The newcomer is confused as to which currency to work with.

Experimental risk

The developers of Bitcoin are promoting that bitcoin is in the development phase and not even version 1 will be released. This type of beta testing stops.

The so-called correction!

Bitcoin is currently volatile and can still be a good investment. Bitcoin is software that has been overrated in human history, the unknown founder of Bitcoin wanted everyone to use bitcoin for microtransactions. The market reiterates that psychology is simply pushing the market down so more people can buy what is called correction.

Keep the HODL!

Tell us what you think in the comments below or write to us.

This is only the opinion of the author and depends on market conditions. Do your market research before investing in cryptocurrencies. The author or publication is not responsible for your personal financial loss.

PhoenixDAO, a decentralized and open source digital identity-driven platform, has announced the planned launch of Event Marketplace DApp, which will provide a list and market for event tickets before the end of the first quarter of 2021 – both free and paid. This is followed by the recently improved beta version of Phoenix DAO Staking DApp .

Launched in 2020,  aims to eliminate cases of whale manipulation with custom-designed DAO. The platform uses a community-based governance approach that allows signal holders to create and vote on proposals for platform-based projects and DApps. PhoenixDAO is powered by native PHNX tokens – it is also used during voting.

As we saw above, PhoenixDAO consists of two main parts – DAO (for control) and DApps (utility) – that give users a say in making decisions through the PHNX token.

At the heart of PhoenixDAO is the DAO or decentralized autonomous organization, which is the network management protocol. According to a statement, the DAO will allow the community to participate in the vote on the above-mentioned proposals and will also share grants from PhoenixDAO for beneficial projects in the ecosystem.

When it launched, the PhoenixDAO team launched a betting campaign in partnership with Ferrum Network, then quickly launched its first flagship dApp 2020 first flagship in Q3 and is expected to launch its second Event Marketplace this quarter. Next up is the schedule for an NFT Marketplace that will arrive later in the year.

Placement on the platform is possible in two ways – either through Spot staking DApp or by providing liquidity on Uniswap. On-site staking DApp allows users to earn up to 20% APY when paying in PHNX. Started in June, users will also be able to  a month to earn ETH / PHNX rewards.

The success of the DAO cannot be underestimated as the liquidity and volume of the platform has soared since the anniversary. On Feb. 14, PhoenixDAO broke the 24-hour, all-time high on on Uniswap and other services for $ 950,000, showcasing the network’s capabilities. The Uniswap (PHNX / ETH) liquidity pool set an all-time high of $ 394,700 on Wednesday.

Another fantastic milestone reached today is with owners in excess of 1000 ! & # 128640;

That, along with more than $ 300,000 in PHNX: ETH LP & # 128293;

– PhoenixDAO (@phnxdao) 2021. február 15

Nevertheless, a wide range of PhoenixDAO partners have opened up in the cryptocurrency ecosystem, from marketers to developers. PhoenixDAO announced in mid-2020 a partnership with  , a cryptoportfolio provider, to improve digital identity in their Zero Zero wallet. The Ferrum Network is a decentralized network with a unique value proposition – “instead of focusing on new coins, it can represent coins in other networks”.

The partnership quickly followed marketing alliances with LunaPR and Crypto Daily, preparing to disrupt the management market for DeFi and DAO. The , the global fintech marketing and PR company announced on Wednesday, aims to gather the market and build trust and confidence that the PhoenixDAO system will win the market.

“Branding is essential for any industry,” reads the PhoenixDAO statement. “Without a public image, no organization can survive in this competitive market.”

Following successful testing of the DAO, it is now closer to launch than ever before, once it goes live, it will be the first step towards visiting developers around the world who are building on the PhoenixDAO ecosystem. Later, in 2021, the team will share details about the launch of the dApp store. It will also give users the opportunity to earn a passive income through the bet – expected next month.

Glad to support! You are really right.

Enjoy the benefits of the bet now with the release of V2 next month! & # 128293

– PhoenixDAO (@phnxdao)

The PhoenixDAO token , is currently trading at $ 0.088997, up a sudden 220% from last month, and the total stock in circulation is 51,897,138. The total market cap for PHNX tokens is $ 4,778,869, which is 7, It represents a 3% drop in the last 24 hours.

Disclaimer : This is a paid job. Conduct your own research on the promotional company or any of its affiliates or services mentioned in this article. Coingape.com will not be liable for any damage or loss to you.

Are You Still Happy When I Am Not With You?

Love is a group of complex emotions and behaviors typically characterized by emotional intimacy, intensity, devotion, and loyalty. It involves interpersonal love, family love, fantasy love, sexual attraction, desire, attachment, commitment, companionship, security, reciprocity, and self-disclosure. Love can range from an intensely personal bond to an intense emotional and psychological bonding. It is frequently associated with a wide range of pleasant positive emotions, such as happiness, novelty, energy, joy, peace, romance, spontaneity, optimism, trust, security, and delight, but can also often be accompanied by negative emotions like jealousy, hostility, resentment, anxiety, fear, depression, anger, guilt, envy, resentment, uncertainty, and boredom.

Love is an emotion that makes two people feel good when one is feeling negative or stressed out and helps them face their fears and negative feelings. When you are in a committed relationship you can spend more time together having these positive emotions. It can make both people feel special and important. When love is present in a relationship it creates a feeling of bonding and oneness. People who love each other to share similarities and commonality, which help the relationships become more functional and efficient. The other person feels understood and is protected from the storms in the world.

Love is a natural phenomenon that helps all people to survive in the situations they find themselves in. It has been shown to enhance well-being and reduce the occurrence of stress, depression, pain, loneliness, and other negative feelings. Love can be experienced in intimate relationships, in groups, in the home, in sports, in the workplace, or anywhere else you are in contact with someone who you care about. It can help reduce stress and anxiety, improve health and well-being, lower personal and professional expenses, increase productivity, strengthen bonds and relationships, delay the effects of aging, increase creativity and achievement, provide protection against a number of diseases, increase self-esteem and motivation, prevent illness and injury, and much more.

Love and affection are related closely to the emotional state known as passion. Passion is the strongest force in our lives and it generates positive feelings such as love and affection. Passion is the driving force behind creativity, imagination, innovation, challenge and success.

It has been shown that people who experience love and affection are more creative, happier, have more optimism, experience more happiness and have a higher sense of accomplishment than those who do not experience these emotions. Those who experience love and affection are also more creative, happier, have more optimism, experience more happiness and have a higher sense of achievement than those who do not experience these emotions. And, if love and affection are present in your relationships they will serve as the foundation upon which you build strong, healthy, enduring relationships.

If lust and love were the same thing then everybody would be happy. Lust is only one component of lust. Another component of lust is physical attraction, which can sometimes lead to unhealthy or inappropriate behaviors. In order for your relationship to last and to work there must be an exchange of something greater than either lust or love.