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Legenda! Pensi che sia troppo patetico? Ma come dobbiamo chiamare un uomo, che è diventato il primo dell'Asia a vincere il campionato mondiale di scacchi a 18 anni e che è diventato il primo Gran Maestro indiano a 19? Fu l'inizio di un duro cammino verso il titolo di campione del mondo, l'uomo che divenne per sempre una parte della storia di scacchi. Un'altra leggenda nel team InstaSpot!
Il Borussia è una delle squadre di calcio più titolate in Germania, che ha ripetutamente dimostrato ai tifosi che lo spirito di competizione e leadership porta al successo. Fai trading nello stesso modo in cui lo fanno i professionisti dello sport - fiduciosamente e attivamente. Segui il Borussia FC e sii avanti con InstaSpot!
Crypto Industry News:
Dan Morehead, a cryptocurrency market veteran, draws attention to the current phase of Bitcoin's growth in his latest open letter to investors. The head of Pantera Capital, which manages assets worth $4.2 billion, emphasizes the almost "cosmic" similarity of BTC market cycles. According to him, these are the result of transparent and predictable rules set by the mysterious creator of Bitcoin, Satoshi Nakamoto.
Morehead notes that Bitcoin's halving rules, which cut miners' rewards in half every four years or so, have introduced a distinct cyclicality to the market. Analyzing these cycles, he predicts that the current Bitcoin market bull market will last until around November 1, 2025. This shows how rigorous these patterns are - market rises and falls fit within strict time frames, respectively 1076 days for a bull market and 382 days for a bear market.
Morehead highlights the unique symmetry of Bitcoin's four-year blocks. This regularity, according to him, is proof that Bitcoin is not just another cryptocurrency, but a phenomenon with unique market properties.
In his statements, Morehead often emphasizes the growing value of blockchain technology as an asset class. In his opinion, most financial institutions still underestimate the potential of this technology. He points out that blockchain is not only about cryptocurrencies, but also has wide-ranging applications in various sectors of the economy, which may bring significant financial benefits in the future.
Technical Market Outlook:
The BTC/USD pair has bounced from the technical support located at the level of $35,640 and is close to the swing high again (4th time). Any violation of this level would extend the rally towards the next target seen at $40,000. The intraday technical support is seen at the level of $35,640 and the intraday technical resistance is located at $37,770 and $38,028. The strong and positive momentum on the H4 time frame chart support the short-term bullish outlook for BTC.
Weekly Pivot Points:
WR3 - $41,363
WR2 - $39,678
WR1 - $38,135
Weekly Pivot - $36,446
WS1 - $34,906
WS2 - $33,218
WS3 - $31,678
Trading Outlook:
The bulls have successfully breached the pivotal level of $25,442, marking a significant shift in the mid-term outlook for BTC towards a bullish trajectory. The next objective for the bulls is set at $40,000. The potential for a sustained long-term uptrend remains, provided the critical level of $19,572 is not decisively violated.
*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.
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