Is Buying Bitcoin Now A Good Idea?

                             While there's no guarantee that Bitcoin will continue to rise

Bitcoin costs are still strongly blocked by the recent Federal Reserve investigation into Our Lord's Epiphany raising interest rates before March. The flagship cryptocurrency continues to outperform the early December print of $ 42,000.

On the morning of the week, it was a weekend move that sent shockwaves across the world. However, since then Bitcoin prices have been unable to maintain above their level of $ 52,000, and a pattern of continued support around $ 45,000 has appeared on several occasions in recent weeks.

Likewise, the marginal response to its support has diminished over time. The $ 52,000 level was retested before the Christmas holidays.

The rebounds have matured a lot and are more shallow once the value action people quickly return to support indicating that the bulls are losing momentum and should soon be unable to defend support. At the moment we tend to see a descending triangle and pessimistic breakdowns are generally anticipated.

There is a "huge amount of institutional demand on the sides" in sync with the Worried Crypto & Greed Index, which has been dialed up to 15.

Some investors are proclaiming that there may be a large securities industry ahead, triggered by low volume.

Bloomberg's trading products strategist, electro-acoustic transducer McGlone says the stimulus cuts tend to be negative for risky assets and stocks associated with graduated crypto assets, but he believes in such a situation, Bitcoin could defeat different currencies:

 once assets decline, inflation is reduced. Bitcoin could also be the primary beneficiary of such a scenario since it becomes a global reserve asset, ”he said.

Despite a tinge of optimism with modesty in supply dynamics, on-chain metrics show a general lack of activity. Meanwhile, illiquid coins migrate en masse to dormant wallets, and capitalist profitability and alternative measures are very pessimistic in nature.

We tend to expect continued lateral consolidation through 2022 with every bullish and bearish signal present.

In addition, the amount of non-zero addresses at 39.6 million is 40% higher than the height set at the peak of the 2017 bull market, indicating that the number of users has continued to grow over the past 5 years. .

As we will see from the daily activity chart, the amount of active entities on the chain eventually exceeded 275,000 per day. A “bearish market channel” is identified in red on the chart below. There is a persistent increase in the number of network users even when the costs are low, the relative interest associated is low.

Given the parabolic nature of Bitcoin, it is not possible to say whether it will hold or break on its next test. will be} an inflection objective and can be considered as such. If sellers pass the next test, the door to deeper failures can open quickly.

That being said, you need to review your crypto investment strategy and understand what you are investing in before investing in purchasing the pioneer crypto, despite being among the best performing monetary assets in the world.

Don't invest just for fear of missing something. Don't invest too much, you will afford to lose, enter at a good value and deploy your money to spread the risk. 

En savoir plus sur ce texte sourceVous devez indiquer le texte source pour obtenir des informations supplémentaires .

car sell

Sure, I can help you with that. If you're looking to sell a car, here are some general steps you can follow:

1. Determine the value: Research the market value of your car to get an idea of its worth. Factors like the make, model, year, mileage, condition, and location can influence the price.

2. Gather documentation: Collect all the necessary paperwork related to your car, including the title, registration, maintenance records, and any warranties.

3. Clean and prepare the car: Give your car a thorough cleaning, both inside and out. Wash, wax, and vacuum it to make it look its best. Consider fixing any minor issues or getting a professional detailing if necessary.

4. Advertise your car: Take high-quality photos of your car from different angles and write a compelling description. You can advertise your car online on websites such as Craigslist, Autotrader, Cars.com, or local classifieds. Additionally, consider using social media platforms or local community groups to reach potential buyers.

5. Set the price: Based on your research, set a fair and competitive price for your car. Be open to negotiation, but also have a minimum price in mind that you're willing to accept.

6. Field inquiries and negotiate: Respond promptly to inquiries from potential buyers. Be prepared to answer questions about the car's condition, history, and any additional features. Negotiate the price if necessary, but stay firm on your minimum acceptable price.

7. Arrange test drives: When potential buyers express serious interest, arrange a time for them to inspect and test drive the car. Ensure you meet in a safe and public location, and consider bringing a friend or family member along for added security.

8. Complete the sale: Once you've agreed on a price with a buyer, complete the necessary paperwork. Transfer the title to the buyer, sign a bill of sale, and provide a receipt. Remove your license plates, cancel your insurance, and notify the relevant authorities about the change of ownership.

Remember to prioritize your safety throughout the selling process. Be cautious when meeting potential buyers and trust your instincts. It's also a good idea to research local laws and regulations regarding private car sales in your area to ensure compliance.