3060tiLHR mhs?
anybody has this card? what are your mhs? oc settings? submitted by /u/MArkFIA [link] [comments]
anybody has this card? what are your mhs? oc settings? submitted by /u/MArkFIA [link] [comments]
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The infrastructure bill contains a provision that could effectively outlaw miners, stakers, and cryptocurrency software developers in the US, imposing reporting requirements that they can't possibly meet. A new amendment has been proposed by Senators Wyden, Toomey, and Lummis that would specifically exclude those groups from reporting requirements. Now would be a great time to…
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Bitcoin price is attempting to get back above $40,000, and with that milestone out of the way, $50,000 and $60,000 next stand in the way between it and another new all-time high. Although things have taken a bearish turn over the last quarter, the next two quarters in Bitcoin could end up being the most profitable yet, if a recurring theme involving a hammer reversal and the golden ratio results in a similar conclusion. Here’s a closer look at the chart and what it could suggest happens from here across the crypto market. The Recurring Hammer Reversal With Golden Results Bitcoin is at a very unusual point it its market cycle. The bull run that everyone expected to take the leading cryptocurrency by market cap to prices well over $100,000 per coin has already potentially fizzled out. Or at least that is how it looks to most observers. Related Reading | Five Bullish Monthly Charts That Suggest BTC Will Blast Off By most standards, a 20% crash in equities would cause a “bear market” by definition. In crypto, the entire thing can collapse by more than 70% and still somehow be bullish. And that’s exactly what might have happened recently, as the Bitcoin price chart now depicts a recurring bullish signal that has provided “golden” results. If cycles are extending, there could be six more months of bull market | Source: BLX on TradingView.com Bitcoin Bull Market Could Extend Another 6 Months From Here The chart above shows Bitcoin price over the last decade, along with each of the three major boom and bust cycles we’ve seen so far. The most recent took Bitcoin from $168 to nearly $20,000 at the peak. What is believed to be the current rally, has taken a pause at around $65,000 and sent the cryptocurrency reeling and crashing back to $30,000. The support level since held, and on the monthly timeframe a hammer Japanese candlestick has formed. A hammer is typically a bullish reversal signal, happening as Bitcoin is well above its former all-time high from the last cycle. Where support held is not simply chosen by chance, but is the golden ratio of 1.618. Related Reading | Fundamentals Suggest Cryptocurrency Is Massively Undervalued Comparing past bull cycles, Bitcoin almost has always held at the golden ratio of 1.618 and formed a hammer before heading off to new all-time highs. With bull cycles lengthening by one full month following each hammer reversal in the past, it suggests that Bitcoin could have another six months of bull run left. It also could mean that the top cryptocurrency will eventually reach the high prices that have been predicted, and this most recent downtrend was nothing more than a violent shakeout. Follow @TonySpilotroBTC on Twitter or via the TonyTradesBTC Telegram. Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com
The buyer, most likely in an attempt to snatch up the valuable piece before everyone else, paid an Ethereum miner 22 ETH to prioritize their bid.
The Bitcoin 20 DMA seems to have just crossed with the 50 DMA, here is how it might be bullish for the cryptocurrency. The Bitcoin Bullish Crossover As pointed out by a BTC technical analyst on Twitter, two important indicators of the cryptocurrency have just had a crossover. The two metrics are the 20 daily-moving average (DMA) and the 50 DMA. Before looking at the data, it’s best to first get a grasp of both these indicators. Moving averages (MA) help smooth out the price data for Bitcoin as they take averages of the price over a specific period and constantly update or “move” forward. The indicator “smooths out” the price as it mitigates effects of small fluctuations on the price, giving a smoother curve. The 20 daily moving average (DMA) averages the daily price over 20 days, while the 50 DMA uses data of the past 50 days. Related Reading | On-Chain Data Shows Bitcoin Daily Transaction Volumes Are Up 94%, Rally Might Not Be Over Just Yet Now, here is the chart that shows the variations in the 20 DMA and 50 DMA for BTC: The BTC 20 and 50 DMA have their first crossover since May As the above graph displays, the Bitcoin 20 and 50 DMA indicators are having a crossover right now where the 20 DMA curve seems to be shooting above the 50 DMA. The last time this type of crossover happened was in October 2020, right before the massive bull run where BTC set a new all-time-high (ATH). However, these two crossovers aren’t the only ones on the graph. There is another, different type of crossover where the 50 DMA line flies above the 20 DMA curve. This one occurred in May, right at the top of the rally. From these observations, it looks like when the 50 DMA overtakes the 20 DMA, a bullish trend might ensue. But if the reverse happens, a bull run could be there. BTC Price At the time of writing, BTC’s price is moving around $39.3k, up 1% in the last 7 days. Over the past month, the crypto’s value has increased by 16%. Below is a chart that shows the trend in the price of Bitcoin over the last 6 months: BTC’s price seems to be going back up after a dip After enjoying a couple of weeks of uptrend after a period of little volatility, BTC again seemed to be going down. However, today the coin has taken a reversal for the better as the coin seems to be quickly climbing back up. Related Reading | Trend Line Touch Could Send Bitcoin On A Tear It’s hard to say how far the crypto will go this time as the $40k resistance will again prove to be a challenge. BTC could get stuck in a rangebound market below the $40k mark and slowly lose its volatility again. Though if the DMA crossover is anything to go by, a bull market might be ahead. Featured image from Pexels.com, charts from TradingView.com
“Banks and other financial institutions are waking up to the fact that blockchain is more than crypto, and that any financial instruments can be tokenized,” says Lior Lamesh, CEO and co-founder of GK8.
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