Author: dfmines

Tomorrow, I start a new career that I probably wouldn’t have if it weren’t for crypto. For the past two and a half years I’ve been working in a dead end job that had no room for growth, was pretty meaningless to me, and didn’t pay well. Why? Because it was easy and I was…
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Hello all, tonight I used my Coinbase ETH address to receive an NFT. From what I can gather… how fucked am I? Is there any way to retrieve the NFT now? I looked it up on etherscan and I have all of the transaction details. Any help would be much appreciated! submitted by …
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They‘re an ethereum wallet that uses AWS’s key management service to store your keys. No seed phrase or browser extensions. I guess you have to weigh whether you trust AWS’s security layers or hope no one finds your written-down seed phrase. I get the point of decentralization but at the end of the day what’s…
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Bitcoin is gaining pace above the $60,000 zone against the US Dollar. BTC could accelerate higher towards the $65,000 resistance zone in the near term. Bitcoin started a fresh increase and it broke the $60,000 level. The price is now trading above $62,000 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $60,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue higher towards the $63,500 level in the near term. Bitcoin Price Gains Momentum Bitcoin price settled above the $60,000 zone to move further into a bullish territory. BTC even broke the $61,500 and $62,000 resistance levels. A high was formed near the $62,887. Recently, there was a minor downside correction below the $62,000 pivot zone. The price declined below the $60,000 support level and the 100 hourly simple moving average. However, downsides were limited below the $58,800 level. A low was formed near $58,888 before the price started a fresh increase. There was a clear break above the $60,000 level and the 100 hourly SMA. The price surpassed the 50% Fib retracement level of the downside correction from the $62,887 swing high to $58,888 low. There was also a break above a major bearish trend line with resistance near $60,850 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above the 76.5% Fib retracement level of the downside correction from the $62,887 swing high to $58,888 low. Source: BTCUSD on TradingView.com On the upside, an initial resistance is near the $62,500 level. The first key resistance is near the $62,850 level. A clear break above the $62,850 resistance could open the doors for more upsides. The next major resistance sits near the $63,500 level, above which the price might surge towards the $65,000 level in the near term. Dips Limited In BTC? If bitcoin fails to clear the $62,500 resistance zone, it could start a downside correction. An immediate support on the downside is near the $61,200 level. The first major support is now forming near the $60,000 level (the recent breakout zone) and the 100 hourly SMA. A downside break below the $60,000 level could spark a larger correction. 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 now above the 50 level. Major Support Levels – $61,200, followed by $60,000. Major Resistance Levels – $62,500, $62,850 and $63,500.

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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has confirmed that he has not been shorting cryptocurrencies, including bitcoin, despite speculations that he may have. His confirmation came after he recently asked how to short crypto. Michael Burry Says He Is Not Shorting Cryptocurrencies Famous investor and founder of private investment […]

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