Bitcoin Price Evolution Analysis 10.12.2021
by CSM TRADER
Nº 479
BTC price U$ 48.200.
Price USD/BRL R$ 5.57.
Price EUR/BRL R$ 6.28.
Price Gold 1g R$ 318.01.
Good morning to all readers.
RFOX - The Metaverse Project to be observed in 2022.
RFOX is also known for a number of ventures into fast growing segments of the digital economy. The good thing that RFOX has done is that alongside its metaverse build, it has been able to build viable businesses that are operational on their own, being able to integrate seamlessly with the RFOX VALT metaverse. The ventures in the RFOX ecosystem are interoperable within RFOX VALT. They provide a variety of innovative features that will enrich the metaverse experience. RFOX's compelling metaverse and its track record in launching ventures in digital verticals create new applications that brands can leverage.
One example is RFOX Games, a rising brand in the play-to-earn (P2E) gaming space . Players can earn non-fungible tokens (NFTs) called KOGs (short for Keys to Other Games) and other in-game assets tradable by crypto games like KOGs: SLAM !, which recently launched its open beta. With KOGs , players can unlock new tournaments and skins, gain VIP access to special events, and more. Players can collect and trade KOGs on various secondary marketplaces, with AtomicHub getting the highest volume of KOG transactions. In addition, KOGs will play a central role in the RFOX VALT metaverse, especially in its Arkamoto neighborhood.
Another RFOX business that is making a splash is RFOX NFTs, which recently drove the technology behind an NFT drop by major sportswear brand Reebok and rapper A $ AP NAST. RFOX NFTs platform, which provides white-label NFT services for any company that wants to deploy NFTs conveniently, is also used in the virtual land offering in RFOX VALT as well as upcoming sales in the metaverse.
Other RFOX businesses include RFOX Media, which is in the process of creating a live streaming platform that will be crucial to the retail experience in RFOX VALT, and RFOX Finance, which allows RFOX token holders to increase their holdings through decentralized finance (DeFi) products such as staking and liquidity pools. The total blocked value (TVL) in RFOX Finance products exceeded $108 million, showing how widely used the service is.
Why the RFOX token is important for the metaverse.
The RFOX token, also referred to as RFOX, is the main cryptocurrency and utility token used by RedFOX Labs. The RFOX token is a form of digital payment that investors and users can use for any transaction that takes place in the RFOX VALT metaverse, such as creating and trading NFTs and more. In addition to being used for their ventures, the utility of the RFOX token can extend to related businesses and partnerships that the RFOX company has obtained.
Ultimately, the value of the services and metaverse that RFOX builds can be reflected in the RFOX token, which is the native token for the RFOX VALT metaverse and all other businesses within the RFOX ecosystem.
RFOX tokens are available for purchase on a number of centralized and decentralized exchanges, such as PancakeSwap , KuCoin , Liquid , Gate.io , Uniswap , Loopring , Bittrex , Xanpool and CoinSpot . From there, holders can use their RFOX tokens to participate in the metaverse, through activities such as buying NFTs, attending events, and more, once RFOX VALT is fully implemented
From what we have seen, few metaverse-oriented tokens, if any, show as wide a range of use cases as RFOX. With the company's track record of building affordable solutions, even in these early days of the metaverse, early RFOX investors have a compelling value proposition, a solid roadmap, and a team of heavyweight industry professionals and consultants now driving the day-to-day
Because of all these factors, we think the RFOX token and the company that represents it are attractive things to watch in the coming year.

The Bitcoin price is still in a downtrend below the $49,800 price area and below the 100 EMA (H1).
The price of Bitcoin in past sessions failed to follow through with its positive moves upwards from the $49,500 price area, nor was it able to follow the Ichimoku Cloud, where it entered into negative corrections downwards from the $49,000 and $48,000 price areas, even testing the $47,312 price area.
Now at the time of writing, the Bitcoin price is tracking in the U$48,224 price area.
The price of Bitcoin after testing the $47,312 price area, has returned with its positive developments up to the $48,800 price area, and is still struggling to get back above $48,500.
It will be necessary for the Bitcoin price to open a candle above the EMA 20 (H1) (yellow line) and continue with strong consolidations above it for the possible positive evolutions above the EMA 50 (H1), quoted in the price area of U$48,940, and still advance above U$49,000 and U$49,360.
If the Bitcoin price fails to stabilize above the EMA 20 (H1), the downside corrections will come back with forces below the U$48,000 and U$47,500 price areas, where a stop should be made above U$47,300 so that the Bitcoin price does not head below the U$47,000 and U$46,666 price areas.
Only with continued positive moves above the EMA 5 and above the EMA 20 (H1), and extending these positive moves above the EMA 50 (H1), will the Bitcoin price break out of a risk area of continued negative corrections below $47,500 and $46,780.
Sellers remain in control of the situation and want the breakout of the U$48,000 price area, to go for the last bottom formed in the U$47,300 price area and follow with the Bitcoin price down below U$47,000.

Major Resistance areas - $48,800, $49,220 and $49,780.
Major Support areas - U$48,000, U$47,300 and U$46,780.

H4 chart :
Bitcoin price follows below the EMAs and below the Ichimoku Cloud.
The Bitcoin price continues to struggle to move positively above the EMA 5 (green line) for the attempts of positive moves back above $49,000.
If the Bitcoin price fails on these positive advances up the EMA 5, negative corrections will follow below the U$47,500 and U$47,220 price areas.
Only with the returns of positive advances above EMA 5 and still advancing above EMA 20 to further consolidations, for the Bitcoin price to move out of a risk area of continued negative corrections below U$47,000 and U$46,500.
Follow the buyers in their attempts to keep the Bitcoin price above the EMA 5, and they will still have to keep the Bitcoin price above the U$48,000 price area, so that the sellers cannot break through the U$48,000 and gain more strength and continue with the downside continuities below the U$47,500.
The chart in H4 will follow the whole week to have a parameter of the Bitcoin Price Evolution. Only some adjustments will be made.
Resistances: U$ 48.809 // U$ 49.457 // U$ 50.121 // U$ 50.849.
Supports: U$ 47.595 // U$ 46.915 // U$ 46.057 // U$ 45.2280.
https://www.tradingview.com/x/WGCOX83x/

H1 chart :
Bitcoin's price follows above the 5 and 20 EMAs, but follows below the 50, 100 and 200 EMAs and below the Ichimoku Cloud.
The Bitcoin price would need to enter a bullish leg above the EMA 50, and stay above it, in order not to give it all back.
The price of Bitcoin is having a hard time moving above $48,500 and holding above it, where it will once again have to face the Ichimoku Cloud's Base Line which is a strong resistance to overcome.
Only above $49,000 and above the EMA 50 for the Bitcoin price to break out of a risk area of continued downside corrections below $48,000 and $47,500.
Follow the buyers in attempts to keep the Bitcoin price above the EMA 20.
Resistances: U$ 48,668 // U$ 48,936 // U$ 49,280 // U$ 49,583.
Supports: U$ 48,235 // U$ 47,885 // U$ 47,527 // U$ 47,204.
https://www.tradingview.com/x/pE3XR0xG/

Dominance: 41.57 %
"The worst mistake you can make in your life is to be afraid of making a mistake. ------- Elbert Hubbard

Continue following my analysis also on Tradingview:
https://br.tradingview.com/chart/BTCUSDTPERP/fgJ92FR4/

Get your free Bitcoin cashback card, with spending starting from R$10. No need for partners.
By registering with the link you will earn more BTC on your purchases.
https://www.soualter.com.br/abra-sua-conta?c=CHRISTIAN14
Follow My Analysis on Twitter: https://twitter.com/CSM_Trader
Follow My Review on Flipboard: https://flipboard.com/@CSMTRADER007
Follow My Review on publish0x: https://www.publish0x.com?a=nXe0RKLGbx
Mine by playing: https://rollercoin.com/?r=ku32dbof
Nº 479