on 21February2021 Bitcoin hit new Record at 58.128,9$US

February and Bitcoin is on a roll, 21 February 2021 will be remembered as the Bitcoin new record at 58.128,9$US

If you followed Bitcoin move for the last months, you may have been concerned by the correction each time Bitcoin reached the 25K, 30K or 40K milestones.
The 24hour volume of bitcoin changing hand is at 50+Billions$/day for the last 14 days.

We also realized that a lot of events have triggered these moves to the moon.

if you want to buy cryptos stick to the references for now.
Most major crypto currencies are carried by Bitcoin rise.
For good reason, most wallet exchange their crypto currencies into Bitcoin and Ethereum.

Bitcoin has become a storage of value for sure, as some people still don’t sell their share whatever it increases or crash.

Here is my prediction for the next 30 Days.
I expect the Bictoin to stabilize above 40k for the full month.
And it may even rally to a new higher record value, but i don’t see it breaking the 70k$ barrier yet.
to reach new highs, we need some new change in financial investment.
The support for cryptocurrencies is now strong form some startup and established internet based businesses.
If more businesses start to save their cash into Bitcoin, we may have a crazy rally to the 100k this year.

 

 

 

 

on 16February2021 Bitcoin reached the 50,000$ Milestone

The date February 16, 2021 is now the biggest milestone that some financial experts expected to be reached by the end of 2021.

Bitcoin value not only reached 50KUSD,  it  stayed above 50K$ for the last 48hours.

let’s get back to previous predictions. I remember reading an article in December 2020 from Omkar Godbole at Bloomberg , about Bitcoin reaching 50k$ in 2021.

If you followed Bitcoin move for the last months, you may have been concerned by the correction each time Bitcoin reached the 25K, 30K or 40K milestones.

If you own Bitcoin or ethereum, you should send a box of chocolates to Elon Musk.

We also realized that a lot of events have triggered these moves to the moon.

From the paypal announcement last year, to the Tesla endorsement. People realize that Bitcoin is there to stay and has became a storage of value that is never going away.

For the record, i’m working on a big cryptocurrency project with the mission to make cryptocurrencies accessible to the poorest countries in a safe and reliable way.

People in poor countries may have 20$ or less to save per month,  and investing in Bitcoin would be a bad choice.

As weird as it seems, i still don’t recommend to invest in Bitcoin. As i work on App development, it make more sense to invest in ethereum and others cryptocurrencies that bring some great values to the table.

Congratulations if you invested in Bitcoins in the last 2 years, you must be at a high.

But don’t get carried away investing into the next big cryptocurrency, more than 95% of cryptos are pure scam. Some carry no value, and some are just terrible Multilevel marketing praying on the gullible.

if you want to buy crypto stick to the references for now.

I will be posting more detailed technical analysis and breakdown of the cryptocurrencies ecosystem that is moving really fast.

Crypto News heading to the Moon or to the Ditch??

Today 21 January 2021 we are at a milestone in Crypto Currencies history

The Majors crypto’s have peaked this last month to historical values.

Bitcoin Passed the 40k$ barrier for the first time. While Ethereum reached 1409$ almost the 2018 peak(1416$).

But what is important to remember is that several main factors drived the price to new highs

The fact that Paypal decided to integrate Bitcoin as a currency for their payment created the first big move.

although Bitcoin is moving today between 30k$ & 31k$. We are seeing a plateau that will become a new norm for some time.

I will be coming with more news about the crypto market and some insights that will help you take sounds decisions when it come to invest in crypto’s.