Several weeks ago there was a second assassination attempt on Trump while he was playing golf at his West Palm Beach course when the incident occured.
Many had connected this to the dump in bitcoin when it happened.
The price of bitcoin was $60,313 and dropped 3% to $56,827 when the news was announced.
https://coinpedia.org/news/second-assassination-attempt-on-trump-causes-bitcoin-to-drop

Now imagine how much it would drop if he lost this election next month.

Seriously?

The hardcover version is out now:

https://www.amazon.com/gp/aw/d/B0DJ8NTQFD/

Who will buy it first?

Impacts on price are not good as expected but total capital spent in Bitcoin market through Bitcoin Spot ETFs are already bigger than predictions before these Spot ETF approvals.

I can not be sure about future but by believing in Supply and Demand Principle, and with very possible positive impacts of Bitcoin Spot ETFs on capital inflow for Bitcoin market, I see soon price will grow up. It needs time for warm up and people who are hesitating will need lot of time to consider, ignore, then regret about their missing chances.

When impacts are triggered and big, price will not look back $60,000 range, but it won't be only because of Bitcoin Spot ETFs.

it all depends on your offer 

EURCAD H4 Technical and Fundamental Analysis for 10.01.2024


Time Zone: GMT +3
Time Frame: 4 Hours (H4)


Fundamental Analysis:
The EUR/CAD pair is currently influenced by various economic developments. The Canadian Dollar's movement is heavily tied to oil prices, and recent volatility in the oil market has caused fluctuations in the CAD. The Bank of Canada’s (BoC) decision to hold interest rates has also kept the CAD under pressure. Meanwhile, Eurozone data continues to show mixed results, with weaker industrial production in Germany. However, inflationary pressures persist in the Eurozone, adding complexity to the European Central Bank's (ECB) future policy moves. Both these factors are shaping the EUR/CAD's performance this week, with upcoming economic data releases and oil price movements playing a critical role.


Price Action:
The EUR/CAD H4 chart indicates that the pair is trading in a consolidation phase after a recent bullish push. The price action shows a pullback from the 1.5170 resistance level and is currently hovering around the 1.5060 level. The pair is testing the lower boundary of a consolidation range, with key support at 1.4900. Bollinger Bands show decreased volatility, suggesting the potential for a breakout in the near term. Traders should watch for a decisive break either above the resistance at 1.5170 or below the 1.4900 support to determine the next move.


Key Technical Indicators:
William %R: The Williams %R on the EUR/CAD chart is near -56, indicating a neutral state with no strong overbought or oversold signals. A further drop below -80 could indicate oversold conditions, signaling potential buying opportunities.
MACD (Moving Average Convergence Divergence): The MACD is in bearish territory, with the MACD line below the signal line. The histogram is also below zero, supporting the bearish outlook. This indicates a potential for further downside if momentum doesn't shift soon.
DeM (DeMarker Indicator): The DeMarker indicator is near 0.45, indicating that the pair is not in an oversold condition but may face continued selling pressure if it breaches key support levels.


Support and Resistance:
Support Levels: The immediate support is found at 1.4900, a psychological level that has acted as a strong base in previous sessions. Below this, 1.4850 could provide further support.
Resistance Levels: The nearest resistance is at 1.5170, a critical level that the pair has struggled to break. If EUR/CAD manages to close above this level, it could test the next resistance at 1.5270, marking the upper boundary of recent price action.


Conclusion and Consideration:
The EUR/CAD analysis suggests a cautious approach as the pair continues to consolidate near key support. Fundamental factors such as Canadian oil price movements and Eurozone inflation will play a significant role in shaping the direction of the pair. While technical indicators like the MACD and Bollinger Bands suggest the possibility of a breakout, traders should wait for confirmation before entering new positions. Prudent risk management is advised, with close attention to the 1.4900 support and 1.5170 resistance levels for potential breakout signals.


Disclaimer: The provided analysis is for informational purposes only and does not constitute investment advice. Traders should conduct their own research and analysis before making any trading decisions.


FXGlory
10.01.2024

GHash.io high hashrate and domination are reported in some articles and I have them in Bitcoin mining history

I did some screenshots attached in the topic but if you want full articles, let's go
The evolution of mining pools and miners’ behaviors inthe Bitcoin blockchain
Neighborhood Pool Watch, November 6th 2016 Block Maker Statistics
Visual Analytics of Bitcoin Mining Pool Evolution: On the Road Toward Stability?

I will not lead you to choose one between Hotel and Bitcoin. But simply there is a basic question about hotels, namely to what extent currently the hotel gets visitors to make it a lodging? we have seen various hotels that compete to provide luxurious services and facilities and that means that you as an investor will spend 2x costs both for repairs, buying facilities, paying employee salaries, etc. Take that into account if as an investor including promotional methods that each hotel will offer each other cheaper prices. In my place, hotels are very quiet even though tourist attractions and tourists are arriving.

Secondly, investing in bitcoin you don't need to spend anything on additional costs just about 1:1+ long term profit.

Dont know about the US cuz the world is way bigger than that, but holding bitcoin works if you buy it at the lower price. Consider investing that much amount of money when bitcoin was $1000 and see how much you could have profited over the years.

Mostly long term holding. There are more risky methods like staking but I dont recommend them. Investing in companies that are legitimately doing some work is also a good thing, but options are limited.

It is best if you divide that capital into bitcoin and some traditional assets, the latter are not bad on the contrary to what members of this forum might think.

I am from Indonesia in here Bitcoin and some other cryptocurrencies are allowed, but only for commodities, not for the payment method. Regarding your mentioned case where Bitcoin was used in one particular property's payment, I have never seen anything like that happened but as far as I understand that transaction itself would not be considered valid in the court. Even if the buyer can prove that the Bitcoin payment was made, since crypto is illegal to use in transactions, the court would most likely side with the property owner if they claim never to have received the payment.

It is also dangerous, because if it goes to the court, any evidence that a crypto might involve could be discharged, and the buyer will be facing penalties for breaking Indonesian regulations. In countries like Indonesia, where cryptocurrency trading is regulated but not allowed for options of payment, it is safer to stay in line with the legality of modes of transaction on large purchases, such as through a bank transfer or in cash in advance when buying property.