Bitcoin value drops by 0.5% in the last 24 hours, while selling the new ERC 20 token BTC20 begins

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Der Bitcoin verzeichnet in den letzten 24 Stunden einen Wertverlust von etwa 0,5 %. Laut den Daten von Coingecko wurde der Bitcoin zwischen 29.792 und 30.330 $ gehandelt. Auf einem 15-Minuten-Chart kann man auch einen kurzzeitigen Fall unter die 30.000 $ Marke erkennen. Dieser wurde jedoch zunächst wieder aufgekauft. Dennoch gibt es kurzfristig wenig Hoffnung für den Bitcoin laut technischer Analyse. Es könnte durchaus sein, dass der Bitcoin noch weiter nachgeben muss, bevor es zu einer Trendfortsetzung kommt. In der Zwischenzeit beginnt der Vorverkauf eines neuen ERC-20-Token namens BTC20, der sich als spannende Alternative zum Bitcoin positionieren möchte. Laut dem …
The Bitcoin has a loss of about 0.5 %in the last 24 hours. According to the data from Coingecko, the Bitcoin was traded between $ 29,792 and $ 30,330. On a 15-minute chart you can also see a short-term case below the $ 30,000 mark. However, this was bought again. Nevertheless, there is little hope for Bitcoin according to technical analysis. It could well be that the Bitcoin has to give in even further before there is a trend continuation. In the meantime, the pre-sale of a new ERC 20 token called BTC20, which wants to position itself as an exciting alternative to Bitcoin. According to the ... (Symbolbild/KNAT)

The Bitcoin has a loss of about 0.5 %in the last 24 hours. According to the data from Coingecko, the Bitcoin was traded between $ 29,792 and $ 30,330. On a 15-minute chart you can also see a short-term case below the $ 30,000 mark. However, this was bought again. Nevertheless, there is little hope for Bitcoin according to technical analysis. It could well be that the Bitcoin has to give in even further before there is a trend continuation.

In the meantime, the pre-sale of a new ERC 20 token called BTC20, which wants to position itself as an exciting alternative to Bitcoin. According to the team, there is a chance to buy Bitcoin at a price of $ 1, which was possible for a short time in 2011. More information about BTC20 can be found on the website.

The Bitcoin has been tending sideways for some time and impulses are missing for further growth. Historically, the trading volume was rather weak. Bears and bulls have so far been balanced and it requires patience to make a decision. Experienced crypto trader Michael van de Poppe notes that the Bitcoin could possibly fall under the $ 30,000 mark again, but should reach a low at around $ 29,000. This could be an interesting setup for traders. Van de Poppe also defines the price targets at $ 32,500, $ 34,000 and $ 38,000.

Although there is a lack of impulses for an increase in bitcoins, on-chain data indicate that the foundation is more stable. The number of bitcoins on the crypto exchanges reaches a 5-year low, which indicates a bullish trend. Fewer coins on the stock exchanges mean that holders pull off their coins and possibly use for long -term investments or out -of -the -counter activities. A low "Balance on Exchanges" shows short -term sales pressure at short notice. In addition, there are now over 1 million addresses in the Bitcoin network that hold at least one bitcoin.

BTC20 positions itself as an alternative to Bitcoin and is based on the proof-of-stake algorithm. It enables individuals to receive a passive income by receiving rewards that are distributed by the Ethereum-based staking contract. BTC20 also aims to restore the condition of the Bitcoin blockchain and the 2011 token offer. The pre -sale of the token is running and a total of 21 million tokens are available, of which 6.05 million are offered in advance at a price of $ 1 each. Uncounted tokens are blocked in a stacking contract to reward BTC20 stakers.

If you are interested in buying the ERC-20 Bitcoin for $ 1, you can do so during the pre-sale of BTC20. Just visit the website, connect your wallet and exchange ETH/USD for BTC20. However, note that investments are speculative and can be associated with risks. Therefore, carry out your own Due Diligence and note the applicable laws in your country.