Welcome back, everybody, to my new blog post on ( crypto news ). Of course, the big question on everybody’s mind is, “Are we in a bear market or a bull market?” What is going to happen as we end the year? What is going to happen as we get into the new year? I guess the purpose of today’s article is to provide you with tonnes of valuable information in short cute content.
Table of Contents
Are we Bullish or Bearish? If you are frustrated, Consider this!
There’s a lot of negative sentiment on cryptocurrency and bitcoin in the market right now. Many frustrated people in bitcoin and cryptocurrency are vocal about how boring and useless it is. Even more, people are going, “Hey, this is the beginning of a bear market. Regulations are about to hit.
What’s happening in the world today is not good for bitcoin, and quite honestly, this might be an unpopular opinion. However, I think bitcoin has a great setup. I think how bitcoin is set up today is very similar to how bitcoin was set up in mid to late 2020, and we saw this epic run.
Bitcoin will BLOW as It did in 2020!!!
Let me clue you into what I’m talking about. First, although bitcoin’s price structure today is eerily similar to bitcoin’s in 2020, we saw this happen, despite the March 2020 disruption, despite this black swan event that tanked all markets worldwide, assuming that we hold the range lows.
As far as price chart shape is concerned, this is the bitcoin three-day chart. Notice the rsi similarities. Notice just the price structural similarities in general. This is the only outlier. We had a similar scare with the o variant, which scared some markets a little bit, but it was nothing compared to what we had back here in 2020. Look very closely at 2020 versus 2021.
7 IMPORTANT Metrics Point BULLISH!!!
So cryptocurrency markets are not for the impatient. It’s not about timing the market; it’s about time in the market, and what we’re looking at is higher time frame metrics. So many high time frame metrics continue to flip bullish. Just have patience.
Think about it this way for Bitcoin
In 1995, people weren’t sure the internet would be a part of their daily lives forever. By 2005, everyone was pretty sure.
Huge INTEGRATIONS/ADOPTION is happening!
Now, you can see the similarities. And that’s not even to mention just the general growth and integration and building we’ve been seeing. We talked about this yesterday. For example, Coinbase allows customers to earn interest using compound finance in the back end. This is exactly what the protocol sync thesis predicts fintech in the front—defi in the back end.
Blue Chip Altcoin Continues to Build & Expand!
This is exactly what the protocol sync thesis predicts fintech in the front—parallel finance triumphs. Auction for polka dot fourth pair chain institutional-grade defi lending protocol has won a place in Polkadot’s expanding ecosystem or even things like unifti.
This is a project that I just recently bought. I think what they’re doing is pretty cool. Unifty marries defy and nfts with something they’re calling the gallery. Let me know if you think this is cool.
Your Unifty is combining decentralized finance and non-fungible tokens with its launch today, December 9th, of the gallery, an innovative expedition space inspired by the platform’s desire to improve upon the traditional gallery creator relationship.
Is this the future of DeFi & NFTs???
The gallery’s unique approach to the nft market means that everyone who participates, from artists and collectors to curators and fans, is rewarded for using the platform.
So, how does this happen? During the first 30 days, artists will be able to show their work in the gallery, and they will be able to sell it. Then, in a new twist, they get money just for having visitors to their collections. Collectors can also show off their nft collections and make money. People in the community who go to the expedition show also become art lovers.
SHIB is getting ready to launch its first multi-platform game.
Shiba Inu is preparing to release its first multi-platform game; the details are important, but soon, the official announcement will be made. You can keep your keys. Their fees are low and highly competitive. You can hold and trade cryptocurrency with no capital gains tax. And Shiba Inu Games sign a strategic work-for-hire contract.
The strategic agreement with Sheba is a fixed price, milestone-based agreement to develop a multiplayer collectible card game planned to be released on multiple platforms.
Keanu Reeves COMES OUT!!!
In other news, Keanu Reeves is now on record saying, “I HODL bitcoin and crypto.”
Crypto Firms Lobbying Senate
In other news, crypto firms spent $5 million lobbying the Senate in the first three quarters of 2021, with the sector’s top firms spending the most. This is only going to get bigger. Many people in crypto have a lot of money, and they want to make sure regulations are good enough that they can thrive not just for 2022 but for the next decade. Let me know your thoughts in the comments below, and I will see you soon only at cryptocurrencysimple.com.