Author: dfmines

Do not get disheartened because you can only afford to invest less than $500 in crypto. If you are patient enough, you will definitely gain profit. If the small amount you invested is significant for you, the gains will also immensely benefit you. You do not need to sell your house and put it in…
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FOMO has grabbed hold of crypto speculators who have been loading up on Omicron tokens following the WHO’s naming of the latest COVID-19 variant.

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I personally couldnt get anything due to financial issues. I have to wait until the first of the month. I was feeling down and out for a while cause this was a good opportunity to dca for me right before the christmas and so on. Nevertheless I stop feeling that way since I know dips…
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Bitcoin started a fresh increase above $57,000 against the US Dollar. BTC could extend recovery and it might revisit the $60,000 resistance in the near term. Bitcoin started a fresh increase above the $57,000 and $57,500 levels. The price is now trading above $57,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $54,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $60,000 resistance to continue higher in the near term. Bitcoin Price is Back above 100 SMA Bitcoin price found support near the $53,500 level and started a fresh increase. BTC broke the $55,000 resistance zone to start a decent recovery wave. There was a break above a key bearish trend line with resistance near $54,800 on the hourly chart of the BTC/USD pair. Besides, the pair surpassed the 50% Fib retracement level of the downward move from the $59,376 swing high to $53,576 swing low. It is now trading above $57,000 and the 100 hourly simple moving average. An immediate resistance on the upside is near the $58,000 level. It is near the 76.4% Fib retracement level of the downward move from the $59,376 swing high to $53,576 swing low. The next key resistance is near the $58,500 level. A close above the $58,000 and $58,500 levels may possibly push the price towards $60,000. If there is a close above the $60,000 level, the price could accelerate higher. Source: BTCUSD on TradingView.com The next major resistance sits near the $61,200 level. Any more gains could lead the price towards the $62,000 level in the near term. Fresh Decline In BTC? If bitcoin fails to clear the $58,000 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $57,200 level. The first major support is now forming near the $56,500 level. The next major support is near the $56,000 level and the 100 hourly SMA, below which the price could resume its decline towards the $55,000 support. Any more losses may possibly push the price towards $53,500. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently in the overbought zone. Major Support Levels – $57,000, followed by $56,500. Major Resistance Levels – $58,000, $58,500 and $60,000.

The governor of the Bank of England, the country’s central bank, has voiced concerns about El Salvador choosing bitcoin as a national currency. Citing a recent warning by the International Monetary Fund (IMF) against bitcoin’s use as legal tender, the governor said: “What would worry me most of all is, do the citizens of El […]

Britain’s crypto exchanges will be levied with a 2% tax which is likely to be passed on to investors warned CryptoUK.

My mother and I own a small clothing store in a touristic part of Mexico. I opened the store this morning at around 10:30AM (UTC-6) and right away a young couple walked into the store and started trying on a few jackets, after a while he selected three of them (about 60USD each) and approached…
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Bitcoin looks ready to rebound off a critical support level and if this happens select altcoins like BNB, LUNA, MANA and SAND may also attract buyers.