• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
Bitcoinist.com
No Result
View All Result
Nexo

Bitcoin Ready to Go “Parabolic” – No Reason to Go Down?

Bitcoinist by Bitcoinist
7 months ago
in Sponsored Article
0

The crypto market goes wild again, as many cryptos making new highs again and again for the past week. On November 9, bitcoin jumped to $67,800 while ether made it to $4,810. Solana, the biggest star for the past few weeks, is still going strong and eyeing the target of $300.

What comes with the uptrend moves are a series of good news:

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!
  • Tether recently minted $1 billion USDC, making the total circulation to $74.35 billion;
  • Mastercard is expected to collaborate with digital asset service companies Amber Group, Bitkub and CoinJar to offer crypto-linked Mastercard credit, debit and prepaid cards in pacific Asia;
  • in a report, Morgan Stanley’s lead cryptocurrency strategist, Sheena Shah said that it is very likely that the banking industry will embrace stablecoin giving its potential;

On the one hand, we see an upsurge in adoption and demand, on the other hand, investors are not ready to let go of their cryptos.

Miners are unwilling to sell. Miners usually cash in their bitcoin when the price hits new highs to cover the cost. And miners not selling is usually interpreted with high expectation for another all-time high. Since the 2020 halving, miners’ revenue has hit 550% and daily revenue is approaching $62 million.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

Bitcoin reserve in exchanges continues to decline and reach a three-year low, according to data from CryptoQuant. Bitcoin reserve in exchanges is a figure closely monitored by investors. A sudden inflow of BTC often indicates a sell-off and an outflow suggests that investors are not ready to take profit yet.

With bitcoin taking $67,000, analysts now believe the next hurdle is $75,000.  Comparing the price actions of previous Bitcoin bull cycles and this bull run cycle, crypto analyst ‘TechDev’ suggests further uptrend for bitcoin and we are far from the top. His prediction for bitcoin in this bull cycle is 200k-300k.

How To Invest In The Bull Run

With a bull run in sight, now is the time to invest in bitcoin. Futures trading is one of the most popular tools to grow your wealth. You can benefit from price swings to earn money by speculating the direction of crypto’s price. Bexplus offers 100x leverage in BTC, ETH, DOGE, ADA, and XRP futures contracts. Bexplus is trusted by over 800K traders around the world, including the USA, Japan, Korea, and Iran. No KYC, no deposit fee, traders can receive the most attentive services, including 24/7 customer support.

What Is 100x Leverage and How Does It Work?

Assume we use 1 BTC to open a long contract when Bitcoin is trading at $60,000. With 100x leverage, we can open a position worth 100 BTC using funds borrowed from the trading platform.

One day later, the price of Bitcoin increases to $66,000. The profit will be ($66,000 – $60,000) * 100 BTC/$66,000 *100% ≈ 9.09 BTC, making the ROI 909%.

Now, with Bexplus’ 100% bonus, our initial investment would be 2 BTC, and our realized profit made with these 2 BTC will be 18.18 BTC, and the ROI on your deposit will also double to 18.18%.

With leverage, it’s important to be vigilant, as returns can be outstanding, but liquidations are easier if the price moves down.

  • 10 Free BTC for Simulated Trading

Bexplus users can get a demo account to simulate the real trading environment and strategy with 10 BTC. You can practice trading skills and learn about how to analyze the market trend with the trading simulator. Even if you make wrong predictions and analyses, you will not lose a penny.

  • BTC Wallet: up to 21% Annualized Interest Without Any Risks

 

Bexplus users can gain profits not only from trading. Join the Bexplus wallet, you can earn up to 21% annualized interest without taking risks. With up to 21% annualized interest, it is no doubt one of the most profitable rates in the industry. While most lending platforms require traders to deposit at least 1 BTC, traders can make a deposit starting from 0.05 BTC on Bexplus.

  • Trade Freely on Android & iOS

The top-ranking Bexplus app integrates all the necessary functions and tools (real-time charts, a variety of indicators, news alerts, etc.) while keeping a minimalist and intuitive interface. With the Bexplus app, you can manage your account anywhere and anytime you want. Furthermore, the 24/7 notification could keep you updated with big price movements, making it easier to secure your positions.

Download the Bexplus APP on the Apple Store and Google Play.

If you are bullish on bitcoin, don’t hesitate to join now and claim your 100% deposit bonus!

Join Bexplus and start to accumulate BTC!

 

 

Image: Pixabay

 

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

CryptoG Group (CTGX): The Second Coming Of Bitcoin Creator, Satoshi Nakamoto?

CryptoG Group (CTGX): The Second Coming Of Bitcoin Creator, Satoshi Nakamoto?

2 days ago
Conquering GameFi: How BlaBlaGame.io Adds Value to Gaming Industry

Conquering GameFi: How BlaBlaGame.io Adds Value to Gaming Industry

2 days ago
Binance Futures Grand Tournament returns, Up to 1.8M BUSD to be won by Team and Individual Participants

Binance Futures Grand Tournament returns, Up to 1.8M BUSD to be won by Team and Individual Participants

2 days ago
MAS Awards Coinhako With Major Payment Institution Licence

MAS Awards Coinhako With Major Payment Institution Licence

1 week ago
How Crypto Can Help GamStop Customers?

How Crypto Can Help GamStop Customers?

2 weeks ago
How to Proceed with GamStop Gambling Using Crypto?

How to Proceed with GamStop Gambling Using Crypto?

2 weeks ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.