The reason for yesterday Bitcoin Pump
PayPal one of the leading online payments company announced the integration of Bitcoin services. PayPal will start to buy and sell services for Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) in 2021. Users can buy and hold supported coins from their PayPal account.
The services initially only started for US-based customers. PayPal is the 204th largest company according to the Forbes list of 2019. That is huge news because PayPal currently has 286 Million active users. This will start a new era of adoption for the cryptocurrency market. Soon more and more companies and payments services start accepting Bitcoin and other cryptocurrencies.
While this has many positive benefits because way more people will get in touch with Bitcoin and other cryptocurrencies, with this they can control your Bitcoin the way they control USD.
As long as you can purchase Bitcoin without these intermediaries, do it because you don’t want one day your government to come at you asking for your Bitcoin.
We don’t want the 1930’s repeating one more time.
At that time, they ordered everyone to sell their gold holdings to the government and once they got in control of Gold, they were able to control it and do whatever they want.
PayPal one of the leading online payments company announced the integration of Bitcoin services. PayPal will start to buy and sell services for Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) in 2021. Users can buy and hold supported coins from their PayPal account.
The services initially only started for US-based customers. PayPal is the 204th largest company according to the Forbes list of 2019. That is huge news because PayPal currently has 286 Million active users. This will start a new era of adoption for the cryptocurrency market. Soon more and more companies and payments services start accepting Bitcoin and other cryptocurrencies.
While this has many positive benefits because way more people will get in touch with Bitcoin and other cryptocurrencies, with this they can control your Bitcoin the way they control USD.
As long as you can purchase Bitcoin without these intermediaries, do it because you don’t want one day your government to come at you asking for your Bitcoin.
We don’t want the 1930’s repeating one more time.
At that time, they ordered everyone to sell their gold holdings to the government and once they got in control of Gold, they were able to control it and do whatever they want.
"PayPal will launch its own Cryptocurrency within 6 to 12 Months?"
Predicts Asset Manager
Its is been assumed that PayPal could launch its own digital currency soon after announcing that it will start allowing customers to purchase, sell, and hold crypto on its website and app (Venmo). That the assessment of Meltem Demirors, an asset manager who oversees over $1 billion crypto assets at CoinShares.
During the interview with CNBC’s Fast Money on Oct 21st:
Coinshares’ chief strategy officer Meltem Demirors recently shared her thoughts on PayPal embracing crypto assets. She argued that adding the crypto features will be a “huge on-ramp for consumers” as it will give them easier access to cryptocurrency.
Demirors also pointed out that PayPal expanding its new crypto service to its Venmo app is a big deal as it boasts over 300 million active users who are mainly millennials. This age group, per Demirors, is the “target audience” for crypto.
“And eventually I think this is paving the way for PayPal to launch its own crypto…I wouldn’t be surprised if, in the next six to twelve months, we see PayPal launching its own digital currency similar to the digital dollar that we see in many payments companies.”
Predicts Asset Manager
Its is been assumed that PayPal could launch its own digital currency soon after announcing that it will start allowing customers to purchase, sell, and hold crypto on its website and app (Venmo). That the assessment of Meltem Demirors, an asset manager who oversees over $1 billion crypto assets at CoinShares.
During the interview with CNBC’s Fast Money on Oct 21st:
Coinshares’ chief strategy officer Meltem Demirors recently shared her thoughts on PayPal embracing crypto assets. She argued that adding the crypto features will be a “huge on-ramp for consumers” as it will give them easier access to cryptocurrency.
Demirors also pointed out that PayPal expanding its new crypto service to its Venmo app is a big deal as it boasts over 300 million active users who are mainly millennials. This age group, per Demirors, is the “target audience” for crypto.
“And eventually I think this is paving the way for PayPal to launch its own crypto…I wouldn’t be surprised if, in the next six to twelve months, we see PayPal launching its own digital currency similar to the digital dollar that we see in many payments companies.”
Crypto Signals
ETHBTC is at the levels it wasn’t in last 18 months. No matter what’s your target for ETHBTC pair, don’t be afraid to take some profit if your goals is to grow your BTC holdings. “You can’t go broke taking a profit”
The decision to sell part of ETH coins into BTC close to the local top of 0.04BTC now looks like a great decision.
Now we can buy it back growing our ETH supply by approximately 30%.
Currently, the ETHBTC pair doesn’t look the best.
This can be an indirect sign of Bitcoin’s strength over Ethereum and other coins.
Buying back should be considered only if we reclaim back to 0.032-0.033 BTC.
Now we can buy it back growing our ETH supply by approximately 30%.
Currently, the ETHBTC pair doesn’t look the best.
This can be an indirect sign of Bitcoin’s strength over Ethereum and other coins.
Buying back should be considered only if we reclaim back to 0.032-0.033 BTC.
Where next?
I do expect to see Bitcoin going above $14 000 price area even for a short period in form of a wick.
As I said yesterday, I do not remember the time I was this bullish on Bitcoin, especially if monthly closes above $14k. In that case, we would get the highest monthly close in Bitcoin history and everything ready for a new all-time high.
I do expect to see Bitcoin going above $14 000 price area even for a short period in form of a wick.
As I said yesterday, I do not remember the time I was this bullish on Bitcoin, especially if monthly closes above $14k. In that case, we would get the highest monthly close in Bitcoin history and everything ready for a new all-time high.
Forwarded from Crypto Signals
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I’ll just say you’re missing a lot for not being part of our Premium Channel.
You get these fire signals with exact entry, stop loss and target (targets in case there are more).
Then you get a trading guide written by me that will help you realize why technicals actually work. This will help you understand the market and how to forecast potential opportunities by yourself.
All this for a yearly payment of $197.
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ETH/BTC pair is currently testing a very important price region of 0.028 BTC.
If this area gets broken, this will further confirm the strength that Bitcoin has over the altcoin market (Ethereum in this example).
Hypothetically this pair crossing can drop down to 0.02BTC which is approximately a drop of 35-40%.
What does this tell to us?
If Bitcoin moons, it doesn’t mean altcoins will follow.
If this area gets broken, this will further confirm the strength that Bitcoin has over the altcoin market (Ethereum in this example).
Hypothetically this pair crossing can drop down to 0.02BTC which is approximately a drop of 35-40%.
What does this tell to us?
If Bitcoin moons, it doesn’t mean altcoins will follow.
Crypto Signals
I see many people suggesting to buy TRX on the pullback fo the big move. Be cautious about these suggestions because, at this moment, this looks pretty bad, almost as the perfect example of the exit pump. If weekly close happens to be below 300 sats, this…
This could be one of the biggest exit pumps.
I warned you on time and the fact that most of the trading groups suggested their members buying TRX after pump makes me question them.
What was the reason to even think of buying something that looks like an obvious exit pump?
Nothing stops this going to 60-70 sats which is an additional 60-70% drop 🤯
I warned you on time and the fact that most of the trading groups suggested their members buying TRX after pump makes me question them.
What was the reason to even think of buying something that looks like an obvious exit pump?
Nothing stops this going to 60-70 sats which is an additional 60-70% drop 🤯
Crypto Signals
Even though Bitcoin was more than $1000 down at some point yesterday, that “drop” didn’t affect the general market structure. That’s why I still think we will tap into $14000-15000 area pretty soon.
Bitcoin is doing exactly what I expected and shared with you 🚀
Crypto Signals via @vote
Are we going to witness the highest monthly close?
anonymous poll
Yes 🚀 – 132
👍👍👍👍👍👍👍 65%
No 😔 – 70
👍👍👍👍 35%
👥 202 people voted so far.
anonymous poll
Yes 🚀 – 132
👍👍👍👍👍👍👍 65%
No 😔 – 70
👍👍👍👍 35%
👥 202 people voted so far.
If this forecast turns out to be true, bad days for the ETH community are coming.
If we will follow Fibonacci rules, new lows are coming.
It doesn’t mean it’s happening tomorrow or next week but if we don’t see some positive price action that will break above the 0.236 fib level, I wouldn’t be so excited for the times that are coming as an ETHEREUM holder.
Just a #warning!
If we will follow Fibonacci rules, new lows are coming.
It doesn’t mean it’s happening tomorrow or next week but if we don’t see some positive price action that will break above the 0.236 fib level, I wouldn’t be so excited for the times that are coming as an ETHEREUM holder.
Just a #warning!
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We have discount at the moment so make sure not to miss out on this one.
You get trading guide written by me and all trades me and my team trade.