Bitcoin Price Evolution Analysis 12.16.2021
by CSM TRADER
Nº 483
BTC price U$ 48.960.
Price USD/BRL R$ 5.68.
Price EUR/BRL R$ 6.41.
Price Gold 1g R$ 324.36.
Good morning to all readers.
Are you a Holder, an Astronaut, or a Warrior? Genesis is an NFT collection from Hypercloud.
Genesis by Hypecloud is a brand new NFT collection of 3,800 unique, hand-drawn digital artworks with 155 features that Hypecloud says represent the diversity of the NFT scene.
"It's all for fun, of course, but when creating a theme for our new NFT collection, we thought why not create one that captures the characteristics of collectors? So we came up with 155 unique features, some rarer than others, and created Genesis. The traits and the division's collection are new, but the real innovation will come later, when token holders will have the chance to create new mutant versions of their NFTs. " a Hypecloud spokesperson.
The three classes
In addition to the 155 traits, the collection is also divided into three general genres, general Hodlers, rare Astronauts, and rare mythical Warriors.
- Hodlers: there are 2959 Hodlers, each unique and designed to represent an entire cross-section of the crypto community. There are social media influencers, day traders, and even crypto-curious people. Their features include fashion brands, pop culture references, and accessories.
- Astronauts: in the collection, there are 510 NFTs that represent the projectors to the moon. In trading, this is a reference to the meteoric price rises that can turn some traders into millionaires in minutes. As you might expect, their features are appropriately out-of-this-world, including space helmets, logos, and jetpacks.
- Warriors: there are 261 warriors in the genesis collection. They represent the essential pioneers whose innovations, coding, and left-field thinking help make cryptography what it is today. Warrior traits include weaponry, armor, and other insignia.
Mutant strains
As mentioned above, token holders will have the chance to earn additional mutant NFTs based on their own tokens, as well as other benefits such as raffles and member-exclusive air throws.
Returning
Another unique aspect of the Genesis collection is the voting rights that an NFT brings. This voice of the community will also have a say in how profits are shared. Hypecloud intends to reinvest some of the capital raised in emerging talent and it will be up to the community to decide who or what the project will support.
Public sale
The pre-sale has not yet been announced, but for your chance to grab one of the coveted 850 spots, join - the community today. The tokens are stored as ERC-721 tokens on the Ethereum blockchain and hosted on IPFS and there will only be 3800 available for sale, on Hypercloud.
Bitcoin price is still in an uptrend above the $49,300 price area and above the 100 EMA (H1).
The Bitcoin price in the past sessions went into negative corrections after failing to make positive advances upwards from the $48,800 price area, and followed with negative corrections downwards from the $48,000, $47,000 price areas and even testing the $46,518 price area.
Soon after this test at $46,518, the price of Bitcoin returned with strong positive developments again above $48,000, and breaking the price area of $48,800, and advanced above $49,000, and still tested the price area of $49,479, where it remains until this moment of writing and with great difficulty to advance above $49,300.
It will be of utmost importance for the Bitcoin price to continue with the continuities of consolidations and positive advances above the price area of $49,300 and $49,500, for the possible continuities of the positive developments above $50,000 and $50,500 for the next sessions, and still being able to extend these positive advances above the top of $51,000.
If the Bitcoin price fails to make positive moves above $49,300 or even above $49,500, the downside corrections could come back below the $48,500 and $48,000 price areas and continue below the EMA 100 (H1) and extend these downside corrections below $47,500 and $47,000 in search of the base formed at the $46,500 price area.
Only the continuities of the positive evolutions and above the EMA 200 and 5 (H1) for the Bitcoin price to continue with the continuities of the positive evolutions above the U$ 49,500 and U$ 50,000, and to leave a risk area of the turns of the negative corrections below the U$ 48,000, U$ 47,780 and U$ 47,220.
A close of the Journal was made above the price area of $48,840.
For today a close above the $49,500 price area would be very important.
Ideally, a close above the U$50,220 price area would be more important today, to validate the continuity of the positive developments above the U$51,000 price area.
Buyers remain in control of the situation, but need to keep Bitcoin's price above the 200 and 100 EMA (H1) for the next few sessions.

Major Resistance areas - $49,300, $49,500 and $50,080.
Major Support areas - $48,500, $48,000 and $47,666.

H4 chart :
Bitcoin price follows above the EMAs 20, 5 and 50 and above the Ichimoku Cloud, however it follows below the EMAs 100 and 200.
As written in My Analysis of yesterday 16.12.2021, the Bitcoin price could pass through the thinner part of the Ichimoku Cloud (blue arrow) and that's what happened. But now the Bitcoin price will have to send a good bullish leg up above the $50,220 to invalidate a possible return below the Ichimoku Cloud (pink arrow) and thus could come back with the negative corrections below the $48,500.
If the Bitcoin price fails to stay above the Ichimoku Cloud, the negative corrections could come back below $48,000 and $47,500.
It will take for the Bitcoin price to make advances above the 100 EMA.
Follow the buyers in attempts to keep the Bitcoin price above the EMA 50 and will still have to follow with the Bitcoin price above the Ichimoku Cloud.
The chart on H4 will follow all week to have a parameter of the Bitcoin Price Evolution. Only a few adjustments will be made.
Resistances: U$ 49.263 // U$ 49.681 // U$ 50.120 // U$ 50.570.
Supports: U$ 48,728 // U$ 48,300 // U$ 47,850 // U$ 47,389.
https://www.tradingview.com/x/NYrOdA4C/

H1 chart :
Bitcoin price follows above the EMAs and above the Ichimoku Cloud.
Bitcoin price needs to hold above the 200 EMA with consolidations for the breakout of U$49,300 and U$49,500 in the near term.
With the breakout confirmed, the Bitcoin price will head above the U$50,000 price area and may still head above U$51,000.
If the Bitcoin price fails to hold above U$50,000, the downside corrections will move back below U$49,500 and U$49,000.
It follows the buyers already above U$ 49,200 and need the continuities above U$ 49,500.
Resistances: U$ 49,371 // U$ 49,678 // U$ 49,916 // U$ 50,172.
Supports: U$49,030 // U$48,689 // U$48,383 // U$47,948.
https://www.tradingview.com/x/BvdOTKZo/

Dominance: 41.92 %.
" The question is not who will leave me; but rather, who will stop me. " ---- Ayn Rand

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https://br.tradingview.com/chart/BTCUSDTPERP/13ZGzonR/

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Nº 483