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Shanghai F Engjing E-Commerce Co., Ltd. Gebäude F, 7. Stock, ha i Ning Road, Bezirk Hongkou, Shanghai

11/14/2022

Bitcoin price is showing a bearish outlook on the three-day chart with a target range of $13,575 to $11,898.
Lower time frame analysis shows that BTC is primed to trigger a recovery rally attempting a retest of $17,251.
A move of the $17,593 mark into support would question the authority of the bears and could spark a bullish move.
Bitcoin price broke through stable support, preventing a crash for the past four months. The development brought BTC down to retest some not-so-good footholds that could trigger a further collapse in market value for large cryptocurrency holders.

11/11/2022

There are a wide variety of cryptocurrencies currently circulating in the market, and each is based on a different approach.
Note: If you want to invest in this field
The most important thing is to learn and understand the goals and technology behind each cryptocurrency to determine if this investment is an opportunity for you or if the value of these currencies is just the result of risky speculation.

11/10/2022

American venture capitalist and billionaire Tim Draper is sticking to his previous Bitcoin (BTC) price prediction of $250,000, even though he now believes that price will be reached six months later than before.

At the Web Summit 2022 in Lisbon, Portugal last week, Draper said his price prediction for the chief cryptocurrency of $250,000 remains valid, which would be reached by mid-2023.

“By mid-2023, I expect Bitcoin to hit $250,000,” Draper said.

The well-known venture capitalist proposed the new time frame after first predicting in 2018 that Bitcoin would reach this price point in 2022. This happened after Draper correctly predicted that Bitcoin would surpass $10,000 between 2014 and 2017.

In May, Draper reiterated his bullish stance on Bitcoin in an interview with Scott Melker’s podcast, saying he believes it will hit $250,000 “by the end of this year or early next year.”

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