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The asset continues to bargain in the descending trend, the key support levels were removed by leaving the price gap, the volume of trading remains high, and the pressure of sellers continues
The reaction of buyers followed from the level of $ 63.05 and the price bounced after the strait, it is now important to gain a foothold above if it retains and goes to close $ 68 - $ 78, it will be a positive scenario in which the trend can unfold, $ 80 - $ 82 will be decisive to confirm the direction
The pressure of sellers is preserved and if the key level does not resist a further rollback to the levels of $ 58.54 and $ 55.07, after which the next support will be $ 49.50, since there is a lot of liquidity and it will be a good zone for a darlingââ
The asset continues to bargain in the descending trend, the key support levels were removed by leaving the price gap, the volume of trading remains high, and the pressure of sellers continues
The reaction of buyers followed from the level of $ 63.05 and the price bounced after the strait, it is now important to gain a foothold above if it retains and goes to close $ 68 - $ 78, it will be a positive scenario in which the trend can unfold, $ 80 - $ 82 will be decisive to confirm the direction
The pressure of sellers is preserved and if the key level does not resist a further rollback to the levels of $ 58.54 and $ 55.07, after which the next support will be $ 49.50, since there is a lot of liquidity and it will be a good zone for a darlingââ
Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durovâs cryptocurrency idea lost steam because of a U.S. court. âThe technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,â he wrote on his channel. âUnfortunately, a U.S. court stopped TON from happening.â
How to Invest in Bitcoin?
Like a stock, you can buy and hold Bitcoin as an investment. You can even now do so in special retirement accounts called Bitcoin IRAs. No matter where you choose to hold your Bitcoin, peopleâs philosophies on how to invest it vary: Some buy and hold long term, some buy and aim to sell after a price rally, and others bet on its price decreasing. Bitcoinâs price over time has experienced big price swings, going as low as $5,165 and as high as $28,990 in 2020 alone. âI think in some places, people might be using Bitcoin to pay for things, but the truth is that itâs an asset that looks like itâs going to be increasing in value relatively quickly for some time,â Marquez says. âSo why would you sell something thatâs going to be worth so much more next year than it is today? The majority of people that hold it are long-term investors.â
