Research Says Bitcoin Has the Potential to Touch US$122,000 in February
Head of Research 10x Research Markus Thielen said that Bitcoin's (BTC) movement pattern shows an increase in price blocks around US$18,000. Therefore, Bitcoin is expected to reach a price of US$122,000 in February before the next consolidation phase.
Thielen also revealed that Bitcoin has successfully tested its wedge breakout ball, the point where the asset price breaks through the support line in a wedge pattern. For information, when this article was written, Bitcoin was trading at around US$105,000, Wednesday (22/01).
In addition, Thielen added that if the previous increase pattern persists, Bitcoin could even potentially exceed US$122,000 before retesting that level as a support phase.
On the other hand, Bitfinex analysts also agreed by stating that Bitcoin's strong recovery showed impressive performance compared to the stock market. Meanwhile, Material Indicators Co-Founder Keith Alan also predicted that Bitcoin could reach US$122,000 thanks to a breakout from the cup-and-handle chart pattern on the weekly chart.
"Bitcoin, which has managed to reclaim this key moving average, is heading towards an all-time high (ATH)," Alan said.
US-made Stargate AI Claimed to be Able to Create Cancer Vaccine
Oracle Chief Technology Officer (CTO) Larry Ellison, in his meeting with United States (US) President Donald Trump, stated that the Stargate AI project will be able to cure cancer and create a vaccine.
"We are working on something exciting, this is a cancer vaccine. So we can do early cancer detection and use AI to see the results of the blood test. After that, everyone who has the disease can be given the vaccine," said Larry, Wednesday (22/01).
The project that was just announced is believed to be able to use AI robotics that will create a vaccine in just 48 hours. That way, it can save human lives that are threatened by cancer.
Not only that, this project is claimed to be able to help many doctors who have difficulty in carrying out their duties. Later, the AI he created will help and direct doctors to cure various diseases, including cancer.
Market Hit by Trump Memecoins Euphoria, What Should We Do?
In the last 48 hours, the market has experienced an extraordinary phenomenon where President-elect Donald Trump launched the $TRUMP memecoins, one day later his wife Melania joined in the market by creating her own memecoins. So, as a market participant, what should we do?
#1 Don't FOMO!
Any asset in the market, even if endorsed by the number one person in the world, will still experience a decline. This decline is a mechanism in the market where buyers who buy earlier will always sell. Don't let us FOMO and buy at the top, especially with leverage. Try to stay calm because almost every day there will be opportunities in the market.
#2 Identify Strong Support.
When we want to buy, it is better to identify strong support where the area is quite likely to bounce. We can look for demand areas or psychological numbers such as $50 and so on. Don't let us make purchases but at the peak price.
#3 Always Risk Less.
Any memecoin has a very high risk and unpredictable volatility. Like $TRUMP which dropped 56% overnight due to $MELANIA launch. Always risk a maximum of 1% of your total portfolio on one memecoin. Don't get overexposed.
#4 Take Advantage of Dips in Other Assets.
The Trump coin phenomenon is sucking up all the liquidity in the market, causing other coins to experience corrections. This correction can be used to scale in on good projects and narratives that have prospects because in the end everything will return to normal and the prices of other assets are likely to recover.
Mobile Payments Made Easy.
When Pi is used on mobile devices, you can make payments simply by scanning and paying.
No need to register, swipe a card, type in a PIN, or sign anything.
All it takes to receive Pi payments is to display a QR Code from the Pi Wallet app and allow others to scan your phone.
Pi uses peer-to-peer technology to operate, without a central authority or central bank; the management of transactions and the issuance of Pi is done collectively by the network.
Pi is open-source; its design is public, no one owns or controls Pi and anyone can participate.
With its unique nature,
Pi allows for use Instant peer-to-peer transactions and Global payments
Tr1snoHart
댓글 삭제
이 댓글을 삭제하시겠습니까?