Bitcoin wird wahrscheinlich aus dem gefürchteten $38.000 Widerstandsbereich ausbrechen, wenn vier Faktoren das Momentum von BTC beflügeln.

Der Preis von Bitcoin (BTC) ist über $38,000 gestiegen, nachdem er fast 21 Tage unter diesem Niveau lag, mit Ausnahme der „Elon Musk“-Rallye letzte Woche. Es gibt vier wichtige Faktoren, die mit dem Wiederanstieg des BTC-Preises über dieses Schlüsselniveau zusammenfielen, die Bitcoin einen weiteren Versuch bei $42.000 sehen könnten.

Zu diesen Faktoren gehören der neutrale Relative Strength Index (RSI)-Indikator, der abnehmende Miner-Abfluss, der wieder ins Negative drehende Börsen-Nettoabfluss und die Wal-Akkumulation.

Walakkumulation fällt mit negativem Exchange Netflow zusammen

Laut dem pseudonymen Kryptowährungshändler „Bitcoin Jack“ zeigt Bitcoin eine „Cup and Handle“ technische Formation.

Die technische Formation deutet typischerweise auf eine Trendumkehr nach oben hin, die sich nahezu bestätigen wird, wenn Bitcoin kurzfristig einen Ausbruch vollzieht.

Der Händler betonte auch den negativen Nettofluss von Börsen, der Anzeichen für eine Bitcoin Akkumulationsphase zeigt. Unter Berufung auf Daten von CryptoQuant, schrieb der Händler:

„Bitcoin sieht aus wie ein Cup & Handle – negativer Exchange Net Flow unterstützt Akkumulationsthese New ATH around the corner for $BTC.“

Negativer Börsen-Nettofluss ist eine wichtige Kennzahl, weil sie zeigt, dass Bitcoin aus den Börsen abfließt.

Vermögende Investoren bevorzugen es, Bitcoin aus Sicherheits- und Selbstverwahrungsgründen von den Börsen zu entfernen, nachdem sie es angesammelt haben. Wenn BTC in eine nicht-verwahrende Wallet verschoben wird, hat niemand außer dem Besitzer der privaten Schlüssel Zugriff darauf.

Darüber hinaus haben die Analysten von Glassnode herausgefunden, dass die Anzahl der Wallets, die Bitcoin halten, in diesem Jahr bisher deutlich gestiegen ist. Die Kombination aus dem negativen Nettofluss und dem Anstieg der Wale zeigt, dass das Niveau der Bitcoin-Akkumulation hoch bleibt. Sie schrieben:

„Die Anzahl der #Bitcoin-Wale (Entitäten, die ≥ 1k $BTC halten) hat einen erstaunlichen Anstieg erlebt. Seit Anfang des Jahres sind mehr als 200 neue Wal-Entitäten im Netzwerk aufgetaucht – Daten, die den Fall unterstützen, dass Institutionen ankommen.“

Der RSI von Bitcoin ist neutral

Der RSI von Bitcoin ist über viele Zeitrahmen hinweg auf etwa 50 zurückgekehrt, was neutral ist. Der RSI ist ein Indikator, der misst, ob ein Vermögenswert überkauft oder überverkauft ist.

Wenn der RSI von Bitcoin 75 übersteigt, dann wird er als überkauft angesehen; wenn er unter 30 fällt, wird er als überverkauft angesehen.

Obwohl Bitcoin auf den täglichen und wöchentlichen Zeitrahmen, die hohe Zeitrahmen sind, in der Nähe des überkauften Bereichs bleibt, steht der RSI in den meisten niedrigen Zeitrahmen-Charts zwischen 45 und 60. Dies deutet darauf hin, dass Bitcoin in naher Zukunft Aufwärtspotenzial hat.

Abfluss von Minern sinkt

Bitcoin-Miner sind eine der Hauptquellen für den Verkaufsdruck auf BTC, da sie einen unvergleichlichen Verkaufsdruck darstellen.

Wenn also Miner beginnen, die von ihnen abgebauten BTC an Börsen zu verkaufen, kann dies den kurzfristigen Preiszyklus von Bitcoin erheblich unter Druck setzen.

Laut den Daten von CryptoQuant ist der Miners‘ Position Index (MPI) rückläufig. Zumindest in absehbarer Zeit bedeutet dies, dass der Verkaufsdruck, der von Minern ausgeht, gering sein sollte.

Grayscale köpte Bitcoin för en halv miljard dollar under det senaste dygnet, enligt Qiao Wang, en investerare vid DeFi Alliance.

Den massiva ökningen av Bitcoin-inflödet till gråskala bara en vecka efter att de öppnat sina produkter för nya investerare är en indikation på hög institutionell efterfrågan på BTC.

Institutioner, inte detaljhandel, driver Bitcoin fart

Det finns svaga tecken som tyder på att det finns detaljhandelsefterfrågan på Bitcoin Bank och andra stora kryptovalutor ännu.

Kimchi Premium i Sydkorea har inte återgått till nivåerna i början av 2018 och handelsvolymen på den japanska utbytesmarknaden för kryptovalutor är fortfarande stillastående.

Även om Binance och Coinbase såg en stor volymuppgång i december och januari, noterade Wang att Coinbases ranking i App Store sjönk under den senaste veckan. Han skrev :

”Grayscale köpte #BTC för en halv miljard dollar idag. Under tiden sjönk Coinbase från # 20 till # 80 i AppStore under den senaste veckan eller så. Gör av det som du vill. ”

Många andra mätvärden föreslår en liknande berättelse. Under 2017 och i början av 2018 ökade populariteten för nyckelordet Bitcoin på Google Trends.

Under de senaste månaderna har antalet sökare efter Bitcoin och andra större kryptovalutor varit relativt låga jämfört med 2017 års topp.

Mainstream- eller detaljhandelsefterfrågan på kryptovalutor har minskat ännu mer under den senaste veckan efter att BTC började stagnera.

Altcoins, som Ethereum och DeFi-tokens, har samlats, men det fanns inga tecken på ett tydligt inflöde av externt kapital till kryptovalutamarknaden.

Därför utlöstes rallyt antagligen av antingen sidkapital inom kryptovalutamarknaden eller vinster från BTC som flödade in i altcoins från investerare som letade efter högriskalternativ.

När skulle tjurtrenden återupptas?

Kedjeanalytiker och handlare tror att nästa Bitcoin-bull-run skulle börja när Coinbase-utflöden börjar sväva.

Utflöden från Coinbase indikerar vanligtvis en hög efterfrågan från investerare med hög nettovärde på den amerikanska marknaden.

Utflöden anses vara en positiv indikator för efterfrågan eftersom investerare eller valar med hög nettovärde föredrar att förvara sina innehav på ett säkert sätt i plånböcker som inte är vårdnadshavare eller självhushåll.

Som sådan, när utflödena från börserna ökar, visar det att investerare har BTC med en långsiktig strategi i åtanke. Ki Young Ju, VD för CryptoQuant, förklarade:

“Väntar på stort Coinbase-utflöde (10k + $ BTC). Om det händer, bör du köpa mer Bitcoin. Jag tror det är snart. ”

Men tills utflödena ökar finns det en osäkerhet om att priset på Bitcoin skulle öka på det sätt som det gjorde under slutet av december och början av januari. Volymen av BTC är betydligt lägre jämfört med de senaste veckorna, vilket också är ett betecknande tecken.

The altcoin season is upon us, and at this game some are more successful than others. For now, it is Cardano (ADA) which is among the most important progressions: the cryptocurrency has succeeded in crowding out Bitcoin Cash (BCH) in terms of capitalization.

Cardano (ADA) takes + 61% in two days

Cardano’s ADA had surged above $ 0.18 at the end of November, and its price has then stabilized between $ 0.12 and $ 0.17 since. But things have just changed. Since January 3, the altcoin operated a rise sharply, taking over 6 3 % in the space of 48 hours :

Altcoin hit $ 0.35 early this morning . The breakthrough in the ADA price is not isolated, with all cryptocurrency markets experiencing a bull run at this time. But it should be noted all the same that the Cardano project had shown signs of solidity at the end of 2020, with a gradual decentralization and an opening of its smart contracts to all programming languages .

Alts season reshuffles the cards for major altcoins

We told you earlier this week, Ether (ETH) had jumped in the context of a bull run for Bitcoin (BTC) , which yesterday exceeded 35,000 dollars . The other less capitalized altcoins are therefore following the example, and this gives some changes in the top 10 cryptocurrencies by capitalization. The XRP Ripple and litecoin (LTC) battling fiercely for several days and exchange the 4th and 5th place.

Since yesterday, Cardano (ADA) has also climbed in the rankings. The increase in the price allowed its market cap to climb to 10.36 billion dollars. It now surpasses that of Bitcoin Cash ($ 8.43 billion) and Polkadot’s DOT , which also steals its place ($ 9.59 billion).

Outside of the top 10, we also noted yesterday a return to glory for Stellar (XLM) , which took + 130% in one day , probably driven by the setbacks of Ripple. Altcoin is now installed in seventh place in the ranking. But nothing is settled: price volatility is at its highest, so other altcoins could hold some surprises.

Power index launches its YETI token, bringing together 8 tokens from the Yearn Finance ecosystem. A way to gain exposure to decentralized finance (DeFi), to participate in farming and governance programs in one place.

What if we told you that it was possible to hold 8 tokens from the Yearn Finance ecosystem in one in order to benefit from their farming program and access their governance? This is what PowerIndex offers, via the YETI token .

Invest in the Yearn ecosystem using a single token: the YETI

The YETI does exist. But at the risk of disappointing you, this is not a monster, but an ERC20 token comprising 8 tokens from the Yearn ecosystem, distributed as follows: YFI 35%, SUSHI 17%, CREAM 8% , AKRO 8%, COVER 8%, K3PR 8%, CVP 8% and PICKLE 8%.

It is offered by PowerPool , which wants to enable token holders to lend, pool, borrow and earn income from governance tokens. All while accumulating the governance power of protocols based on the Ethereum network.

In early December, they formalized their partnership with Yearn Finance , by using an index based on the eight protocols: the e token YETI. This is an updated and audited Balancer fork created by PowerPool. This means that the token is not part of the Yearn ecosystem itself. #MoreDecentralization.

And yes, in case you didn’t know, the giant Yearn, who broke all price records this summer with his YFI token , is becoming a real boulevard of DeFi projects and is surrounding himself with brand partners.

As a reminder, here are the roles and functions of each protocol in the index:

Composition of the Yeti protocol

YFI: web3.0 fund management protocol
SUSHI: AMM-based liquidity provider, like Uniswap
CREAM: Credit market
AKRO: Business development, commitment of institutional actors
Cover: Assurance protocol for DeFi protocols
K3PR: Ecosystem maintenance protocol and incentive layer for developers
CVP: Meta-governance protocol and smart index provider (this is the PowerIndex token )
PICKLE: Supplier of efficient agricultural robots
Everyone has their own role. And to be exposed to each of them, it can quickly be expensive in gas . This is where the clues come in.

A powerful tool to diversify your portfolio

At the first level, YETI is a clue. It therefore allows exposure to many tokens , in a simplified and balanced way. This is for comparison with traditional finance. DeFi brings its share of innovations, beyond the decentralization that we know.

Among the opportunities offered by DeFi, let’s remember three:

Interaction with eight protocols without paying too much gas ;
Access to governance programs for each of the protocols;
Access to farming programs to collect rewards.
This is called metagovernance . In a single interface, the user can access all the functionalities of the DeFi protocols present in the index.

At the time of writing, PowerIndex offers a liquidity extraction program of up to 300% rewards in CVP, PowerIndex’s token – by blocking its YETI tokens, or providing liquidity.

To obtain its YETI, two options; buy it on Balancer , or from the PowerIndex site .

For Token Brice , specialist in DeFi, host of DeFi France and Bankless France, this novelty is very interesting for the ecosystem.

“With metagovernance, it is possible to vote in the protocols represented in the index, or generate a return on each of the tokens . It’s a kind of mega-participation made up of eight DeFi protocols thanks to a simple tool. “

Especially since each token present in the index really exists.

The Ransomware that broke into Foxconn’s office requests a ransom in crypto-currencies to restore the company’s website.

Foxconn recently suffered from ransomware by hackers who demanded a „ransom“ payment in crypto-currencies. With the attack, Apple’s provider will have to pay the criminals some $33 million to recover access to their data.

In total, the hackers are asking for 1,084 Bitcoin (BTC) units, or some $33 million considering the price of Tuesday’s crypto currency (8). The payment of the redemption in Bitcoin Rush must be made within 21 days after the hacker attack.

In addition to their website, the documents and files were accessed by hackers, who requested 1,804 Bitcoin from Foxconn. According to Bleepingcomputer, the attack is related to DoppelPaymer ransomware, which has already left other victims in its wake.

Known for supplying devices to Apple and other technology companies, the attack against Foxconn took place precisely in the office located in Ciudad Juárez, Mexico.

Rescue at Bitcoin

Foxconn’s system was invaded by hackers on November 29, 2020. Since then, it seems that the company has not recovered access to the office site located in Mexico, which is still offline.

Although Foxconn did not publicly comment on the hacker attack, the break-in occurred only at the office located in Ciudad Juarez, which serves the company’s business in South and North America.

North Korean crypto-hackers: Separating reality from fiction

DoppelPaymer Ransomware

DoppelPaymer’s Ransomware is responsible for the invasion against Foxconn’s system that resulted in a ransom demand at Bitcoin of around $33 million.

The crypto rescue was requested by Foxconn’s hackers as a way to avoid data disclosure, in addition to restoring the system and the company’s electronic components website.

Thus, on Monday (8) part of the data that was stolen from the company was disclosed by the DoppelPaymer website. Malicious software has a website where it reveals documents stolen from companies that are blackmailed with ransom requests in crypto-currencies.

With the attack on Foxconn’s office, some 1,200 company servers were encrypted. In total, more than 100 GB of files were stolen from the „Apple seller“.

In addition to Foxconn, Visser Precision faced a similar attack in early 2020. Known for providing services to the giants SpaceX and Tesla, the company was invaded by the same ransomware program, which required a rescue at Bitcoin.

Bitcoin (BTC) is a deflationary currency that is basically supposed to rise in price. In the long run, this has always happened so far. The picture shows Bitcoin coins in front of a smartphone price graph.
MicroStrategy, the world’s largest publicly traded business intelligence company, announced plans to invest $ 400 million in Bitcoin proceeds from a securities issue.

MicroStrategy plans to invest another USD 400 million in Bitcoin

On December 7th , the company announced plans to invest $ 400 million in senior convertible bonds – debt that can be converted into shares of the issuing company. The announcement said:

Microstrategy intends to invest the net proceeds from the sale of the bonds in Bitcoin.

At the current Bitcoin rate, the equivalent of USD 400 million would be equivalent to 20,833 BTC. This would increase the company’s Bitcoin inventory to almost 62,000 BTC.

Microstrategy will pay semi-annual interest to the holders of the Notes through December 2025. The company also reserves the right to redeem the Notes for cash starting December 20, 2023.

The announcement states that MicroStrategy may offer up to an additional $ 60 million in bonds to its first-time buyers within 13 days of the start of the offering.

The securities are issued pursuant to Rule 144 of the Securities Act and are only available to qualified institutional investors.

Buy bitcoinTrade on the world’s leading social trading platform!

Join the millions of people who have already discovered how to invest smarter by copying or being copied from the best investors in our community for a second income. Start now!

Company goes all-in BTC

In response to MicroStrategy’s announcement, Gabor Gurbacs, the CEO of New York investment firm VanEck, suggested that the offer would suggest a digital asset fund rather than a publicly traded company.

MicroStrategy caused a stir in the crypto world in August when the company revealed it had acquired Bitcoin as its primary reserve asset after purchasing 21,454 BTC for $ 250 million. The following month, it bought an additional 16,796 BTC for $ 175 million. The purchases were made through Coinbase’s OTC and broker platform.

Just a few days ago, on December 5, the CEO of MicroStrategy, Michael Saylor, announced that the company had acquired an additional 2,574 BTC at a price of around $ 19,427 each for $ 50 million, bringing the Has increased the total stock of bitcoins to around 40,824 BTC.

At current market value, MicroStrategy’s BTC inventory is worth nearly $ 784 million. The company has now generated the equivalent of 65% profit.

The demand for Bitcoin continues to rise and there is no sign that the trend should change in the near future.