Welcome to our crypto Monday of the week in review! In calendar week 42 you are most interested in the current development and future forecasts around the Bitcoin exchange rate. BTC is after the generation of the 18-Millionth Bitcoin is now facing a crossroads?While new moon made forecasts for a Bitcoin price of about $ 1 million to the round, we dealt also with the present, which currently appears less rosy. A look at the Bitcoin exchange rate shows that we are at a crossroads and weigh between a short-term possible BTC crash, and the long-term Trend. Rise of the Bitcoin price due to scarcity, a BTC super cycle, Halvings, and an economic crisis until 2026 to over 1 million USD?Who is particularly interested in the Bitcoin exchange rate and the prices of the Altcoins, you should regularly, that is, in our TA-Tuesday (TA = Technical analysis) have a look at our page risk. Your current chart is analysed and the prospects for the short-term trend of BTC, XRP & IOTA, as well as a number of other Altcoins like Ethereum, Chainlink, Litecoin, and many more.You don’t want to buy Bitcoin, you know, but where? To decide the right provider is not always easy. Therefore, we recommend that you take the time to look at our Bitcoin Broker & exchanges comparison. Often several providers are already required to really get all the Cryptos to cover. See for yourself: Bitcoin Broker & stock exchange compared with that now read.Otherwise, there were also a lot of other News in the week. Thanks to BTC, one of the largest child pornography rings ever could be blown up. Ripple has drawn new Mega-partnerships with Bank of America and Finastra in the country. Telegram had to move to be 1.7 billion USD Mega project, SOUND & GRAM only once, and fight with the SEC in the United States. The G7 has brought its final report in relation to global stable coins and crypto-currencies, and sharply against Bitcoin & co. geledert and practically out of the question that projects such as Libra can go to the Start.This and much more you will find in our analyses and articles in the last week (week 41) in our News section. The most important article of the week, we have summarized in the Following, again briefly, a more detailed look has made Mirco again on YouTube for you.
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The week in review on our Youtube channel
As usual, Mirco has dealt with them on YouTube again, some of the hottest topics of the week. Moreover, you will find other exciting formats. So it pays to always have a look on our Youtube channel. Subscribe to our channel so you never miss a thing!Now we go directly and look at the most important events of this week. A lot of fun with our crypto Monday of the week in review!Let us know what were for you this week the most exciting, or most important events, and discuss about it with our Community on Telegram.Please note: None of this articles listed is to Formulate in any way the trading recommendations. This and the following article are solely for the exchange of information with our readership. Neither crypto Monday nor the author of this text shall be liable for any loss incurred as a result of the trading decisions of our readers. DYOR!
Bitcoin price at crossroads: BTC in front of a massive collapse?
As in our analyses assumed that the Bitcoin price is currently still in the green shaded Zone on the Bitcoin Chart. So he is still well below the 200-MA line (red) and currently on a course level below $ 8,000 USD. The biggest test could be in the Bitcoin exchange rate but, because the 50-MA line (green) pre-approaches more and more clearly the 200-MA line (red) from the top and could lead to the so-called “Death-Cross” so to speak. That would put the BTC at least in the short term, under tremendous pressure.
Bitcoin exchange rate of us $ 6,000, according to the GBTC Cap
Not only from a chart technical point of view, the Bitcoin exchange rate looks to be at a crossroads, because there are also other indicators which suggest that in addition to the current downturn and the General lack of interest on the unsightly price movements. Timothy Peterson, an Analyst at Cane Island Alternative Advisors, sees a strong connection between the BTC and GBTC price of the Grayscale Trusts. There are, according to his analysis, is still a huge gap between the current Bitcoin exchange rate, and the what OTC distributor for shares of the Grayscale Bitcoin Trust (GBTC). Crash potential of up to 6,000 USD per Bitcoin.Do you think a crash in Bitcoin and want to . to 100-fold lever on the case at the end of courses to speculate? On BitMEX, you can act through the lever with 100€ a volume of up to€ 10,000 and your profit times the verhundert. Of thinking but always remember, the higher the leverage, the greater the risk! Now on BitMEX sign up.
18 of 21 million (85%) Bitcoins mined – stay 3 million BTC for about 120 years
We want to turn the tables but now and on the longer-term horizon of the Bitcoin focus, and the possible price targets to evaluate. For this, we need to have a look in the present, because on Friday it was ready. The 18-Millionth BTC generated by Mining and, thus, of the 600,000 th Bitcoin Block. A milestone that also clearly shows how few Bitcoins actually, still can occur.85% of all possible Bitcoins are gone, the Rest are sufficient to the Miner a long time in a good mood to?For at least the next 120 years, we need not Worry, because there is still more. It shows once more how limited the Well Bitcoin is actually. Scarcity, which could lead, according to some analysts, inevitably, another huge Bitcoin price increase, and may even leave the boundaries of 1 million USD per BTC far behind. However, the Limit of 21 million is Bitcoin really secure? There was also in this week, many discussions on this everlasting debate. We have summarized here again.
You can reach the Bitcoin exchange rate in the long term, a value of well over 1 million USD? – Super cycle, Halvings, scarcity and the world economy
The programmed scarcity of Bitcoin is, according to many experts, one of the strengths of the decentralized currency. Many investors dream of in the course of the next shortage of BTC by the Halving by 2020 of courses which move far beyond the current values. PlanB and the Stock-to-Flow model forecasts up to 2026, even with a Bitcoin price far beyond the $ 1 million mark. However, this value is really realistic? What are the factors that play into this? This is exactly the question we asked ourselves in our current long-term Bitcoin price analysis and the most important factors worked out.Best you take a look in the article you a picture of the current Stock-to-Flow to make the model and also to understand the impact of the UTXO Charts and why the scarcity of Bitcoin even much greater than could be accepted. A possible super cycle in 2020, as well as the impending world economic crisis, do their, to feed Bitcoin exchange rate forecasts beyond the 1 million USD.The Bitcoin exchange rate is at a crossroads? Do you think short term or long term? Come in to our Telegram Chat and talk with the experts and the Community. Subscribe to our News channel to not miss any News. (Image: Shutterstock)