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Big News Of The Day: Bitcoin Will Replace U.S. Dollar, Jack Dorsey Tells Cardi B
Podcast Of The Day: Are We In A Bear Or A Bull Market? | What To Expect From Bitcoin
Video Of The Day: Undeniable Proof the Crypto Market is About to Go INSANE in January 2022 | Altcoin Daily
Tweet Of The Day: Bitcoin is an accumulation game - Sylvain Saurel
TOP NEWS
In a recent Twitter exchange with superstar rapper Cardi B, former Twitter CEO Jack Dorsey told the “WAP” singer that Bitcoin is going to replace the U.S. dollar, showing his unwavering support for the largest cryptocurrency once again. In addition, Athletes and politicians have made headlines as they opted to get paid in crypto earlier this year. Now, in an attempt to attract a younger workforce, companies are starting to offer crypto salaries.
TOTALCAP is following a descending resistance line and there is resistance at $2.37 and $2.63 Tn. ALTCAP is increasing alongside an ascending support line. Bitcoin is very close to breaking out above a descending resistance line and there is resistance between $55,500-$58,700. BTC has likely completed a short-term corrective structure. Bitcoin (BTC) rebounded over 5% on Dec. 21 as a dramatic turnaround in the fortunes of the Turkish lira boosted investors’ confidence.
Analyst's Corner: Popular on-chain analyst Will Clemente is eyeing several key indicators that suggest a potential bear trap for Bitcoin could play out in the near future. Closely followed crypto analyst Nicholas Merten says Bitcoin (BTC) could be mirroring a technical price pattern previously displayed in the S&P 500 index.
“We’re seeing signs of Bitcoin capitulation after prices have remained below $50,000 for the past six days, and majority of December. This is the most negative trader commentary since early October, a good sign prices can finally bounce after all the FUD (fear, uncertainty and doubt).” -Santiment
Best Performing Top 10 Asset is: AVAX - $117.18
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Remember: Bitcon 2022 tickets for Apr 06-09 in Miami and Consensus 2022 is Jun 10-12 in Austin, Texas; hope to see you at both!
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