Gallerie – avenue9gallery.com

Bitcoin samler sig over $ 51.000, når dollaren stagnerer og viser tegn på en kortvarig top.

US-dollarindekset (DXY) viser tegn på en kortvarig top, da prisen på Bitcoin ( BTC ) viser signaler om et kortvarigt rally.

Der er en fortælling om, at prisen på Bitcoin ofte falder sammen med et fald i dollarens værdi.

Da værdibutikker, som guld og Bitcoin, er prissat mod dollaren, vil en nedadgående tendens i DXY sandsynligvis have en positiv indvirkning på prisen på BTC.

Bitcoin genoptager $ 50.000 igen

Da dollaren begyndte at konsolidere, brød Bitcoin over $ 50.000 den 3. marts og satte den på rette spor for at genprøve $ 51,600 modstandsniveauet igen.

Over $ 51.600 er der lidt modstand indtil $ 56.000. Derfor er det afgørende at bryde forbi dette niveau for at sikre opadgående momentum på kort sigt.

Bitcoin Jack , en semi-pseudonym erhvervsdrivende, der forudsagde $ 3.600 bunden i marts 2020, sagde:

„I betragtning af at det meget sandsynligt er, at en stimuleringspakke på $ 1,9T godkendes inden for de næste 2 uger, er mit bedste gæt, at dollar topper herude. Kunne være forkert, men strukturen ligner også den tidligere konsolidering.“

Hvis Bitcoin fortsætter med at rally, når dollaren stagnerer, kan det give BTC mulighed for samtidig at drage fordel af to makrofaktorer.

For det første gavner dollarens fald naturligvis Bitcoin. For det andet kan den forestående amerikanske stimulus på 1,9 billioner dollars tjene som en katalysator for et bredere BTC-rally, mens den fortynder dollaren.

Bitcoin faldt sandsynligvis i den sidste uge på grund af det rystende makroklima, da dollaren begyndte at stige, og obligationsrenterne steg til et årligt højt .

Hvis de makroøkonomiske forhold var den vigtigste katalysator for Bitcoins tilbagegang, nu hvor obligationsrenterne er svækkede, kan det øge BTC’s momentum i de kommende uger.

Var $ 42,9 tusind den lokale bund?

Ifølge John Cho, direktøren for global ekspansion hos Ground X, var $ 42.900 sandsynligvis den lokale bund for Bitcoin i en overskuelig fremtid.

Cho forudsagde tidligere en kortsigtet Bitcoin-afmatning og forventede et fald til omkring $ 40.000 til $ 41.000. BTC faldt ikke så lavt, men det afviste at under- $ 43.000 og fuldførte næsten et fald på 30% fra dets lokale højde. Cho sagde :

„Fra nu af synes 42,9k at have været den (lokale) bund. Uanset hvad, glad for, at tyrerne er tilbage i kontrol.“

A convinced Bitcoin fan – Not long ago, financial analyst Bill Miller told us that Bitcoin was “rat poison” for fiat currencies . He reiterates his optimism today, and here in this article is a small excerpt from his compliments to the king of cryptos.

Its investment fund bets on Bitcoin… via MicroStrategy!

The supposed billionaire Bill Miller has just published a new letter to investors at his financial analysis firm Miller Value Partners.

Bill Miller explains in this letter one of their most recent purchases: convertible bonds of the company MicroStrategy .

As a reminder, the company listed on the Nasdaq issued a debt of 550 million dollars in bonds, in order to buy ever more Bitcoin Supersplit. Bill Miller explains to his investors that:

“We were particularly interested when Michael Saylor [the CEO of MicroStrategy, editor’s note] announced that his company would put all of its money into a technology that we have long supported: Bitcoin (…). “

MicroStrategy has just acquired even more bitcoins , cumulating a staggering total of 70,784 BTC (or about $ 2.2 billion ).

But why this fascination with Bitcoin from Bill Miller’s investment firm?

“The short answer is that there is no other asset that combines Bitcoin’s liquidity with its upside potential. Bitcoin is still an emerging technology in a huge now accessible market, and it has a brilliant protocol that is logically consistent with distributed governance. “

Bill Miller dismantles objections to Bitcoin step by step

The multimillionaire then engages in a formal slaughter of „objections“ that can be raised against the king of cryptocurrencies.

For example, to the silliest of arguments, which is to say that Bitcoin “does not produce anything and therefore has no intrinsic value” , Bill Miller answers:

“What it ‚produces‘ is the ability to store and transmit value according to a predetermined logical algorithm and decentralized governance. The value of any asset that doesn’t pay dividends, like Berkshire Hathaway stock or the US dollar, is what buyers and sellers collectively think it’s worth. With a current market cap of $ 700 billion, buyers and owners of Bitcoin believe it is more valuable than all of the [500] companies in the S & P500 Index, except the six largest. „

The Geforce RTX 3080 has been sold out for months. While gamers are longingly looking out for a new release date, an ambitious crypto miner has now published a post on Facebook in which he proudly referred to his latest acquisitions – 78 Geforce RTX 3080.

Simon Byrne operates crypto mining in Las Vegas

He now publishes a post on Facebook in which he lets the social media community share in his happiness. Byrne is the proud owner of 78 Geforce RTX 3080. The high-performance graphics cards have been sold out for months. Combined with another 65 Geforce GTX 1080 Ti, the American has a hash rate of 9665 gh / s. In addition, electricity prices in Las Vegas are many times cheaper than in Germany, for example. While in the Federal Republic of Germany you pay an average of 29 cents / kWh, living in the city of gambling is comparatively cheap with the equivalent of 7 cents / kWh. How he got the large number of graphics cards that were sold out almost everywhere and what he paid for them remains unclear.

According to the company, Byrne earns $ 900 net a day from mining

His investment would have paid for itself after 50 days. According to these numbers, he should have invested $ 45,000, which would give him a return on investment of 2 percent per day.

Just like Simon Byrne, but on a grand scale, the crypto miner Bitcoin Circuit scam stocked up on new mining hardware for $ 35 million in late December 2020. The Colorado company continues to focus on expanding its Bitcoin hash rate. It is hoped that this will result in an increase of 3.8 exahash per second (eh / s) in 2021. For comparison: Byrnes Ethereum hash rate of 9665 gh / s would correspond to 0.000009665 eh / s.

The delivery and installation of the 3,000 S19 Pro Antminer and the 12,000 S19j Pro Antminer is planned for May to October 2021. The purchase is the latest in a series of comparable acquisitions. Because over the past summer, Riot has already ordered 16,000 of the mining devices. Another 2,500 were added in October. At the time, the company stated that it wanted to achieve a hash rate of 2.3 EH / s in 2021. In contrast, the now forecast 3.8 EH / s mark an increase of around 65 percent. More than 37,000 mining devices are said to be in use for this.