ABC’s Shark Tank star, Kevin O’Leary, has sounded a warning that environmental, social, and governance (ESG) reporting is going to shake up the Bitcoin mining industry. While many key players are currently focused on Bitcoin’s price performance, O’Leary is more concerned about the dangers that the Bitcoin mining industry can pose for the market. O’Leary
The BTC price successfully continues the uptrend after the retest of the falling wedge breakout. The rally breaks above the $40K and aims to head higher. The most distinctive benefit of Bitcoin comes because it was the first cryptocurrency to hit the market. It has been able to establish an international community and gave birth to a completely new business sector with millions of passionate users who invest, trade, and utilize Bitcoin and other cryptocurrencies in their daily lives. The first cryptocurrency has provided an idea and a technological foundation that later influenced the creation of a multitude of different projects. Let us move ahead to read about BTC technical analysis. Past Performance of BTC The BTC price action retests the bullish breakout of the falling broadening wedge pattern within a morning star pattern. The bullish reversal with the morning star resulted in a price jump of more than 11%. Moreover, the price breaks above the crucial $40K mark. BTC/USD Daily Chart BTC Technical Analysis The BTC price shows a slight retracement to retest the bullish breakout of the $40K in the price chart. However, traders can shortly find the price giving a lower price rejection to continue the uptrend. The crucial Exponential Moving Averages (50, 100, and 200-day) showcase a bearish alignment in the daily chart. The price jump aims to break above the 50-day EMA (red) to reinstate the uptrend. The RSI indicator shows a sharp increase in the slope as it breaks above the 14-days SMA and the central line in the daily chart. Therefore, the indicator reflects a boom in the underlying bullishness. The MACD indicator shows the MACD and signal lines rising higher towards the zero line after the bullish crossover. Moreover, the increasing trend of bullish histograms showcases a rising buying pressure. In a nutshell, the technical indicators and the sudden increase in buying pressure reflect a potential uptrend that may reach the $45K mark shortly. Upcoming Trend The BTC price action finds a sudden increase in demand after the retest of the falling wedge pattern and breaks above the $40K mark. This improves the overall market sentiment and increases greed among investors. As per the Bitcoin price action, the crucial support levels are at $40K and $38K. And, on the upside, the rising uptrend can find opposition near the $45 and $48K.
On January 29, TerraZero Technologies issued one of the first mortgages in the Metaverse – a network of virtual worlds where users can interact with [...]
Did you hear about the latest study that claims, “using cannabis has negative impact on your ability to think’ and that ‘it may continue after you stopped using’. Yes, in essence, the study suggests that by using cannabis you will experience a detrimental effect on your cognition and that it may be permanent irrespective if you are “youth” or “adult”
Leading Canadian AMO, KF Aerospace successfully implements dentCHECK at its Kelowna headquarters maintenance facility for better inspection quality and time-savings. KF Aerospace, a leading Canadian approved maintenance organization (AMO) has begun using 8tree’s dentCHECK to enhance the efficiency and quality…
Whether you’re a brand new agent, or a seasoned agent, leads are crucial. A real estate agent’s leads are the key to success. As your number of closed sales increases, the easier it becomes to acquire leads. But as they say, you have to walk before you run. And the leads aren’t going to come to you right off the bat. So where do real estate agents get their leads? In this article I’ll be covering where the best real estate agents acquire their leads and how you can do the same. Let’s dive in! The Easiest Way to Get Leads as a Real Estate Agent By far, one of the best ways to get high quality leads as a real estate agent is to join an online real estate agent directory. Online real estate directories work as a hub for buyers and sellers to find real estate agents in … Continued
By utilizing these resources, beginner hackers can find their specific passions within the cybersecurity space and eventually make their own mark in the ethical hacking profession.
Around the world, technology has had a profound effect on almost every industry. A lot of new advancements have impacted the online gambling industry, too. The only way to place a bet before the internet was to visit a physical casino or bookmaker.