Bitcoin despencou $ 3.500 em 24 horas: Altcoins em alta conforme a dominância do BTC cai para 66%

O domínio do Bitcoin cai para 66%, com o ativo sendo vendido abaixo de $ 34.500 pela segunda vez em 3 dias. Simultaneamente, Polkadot registrou outro ATH acima de US $ 19.

O sangrento fim de semana do Bitcoin Machine continuou com quedas substanciais de preços, já que a criptomoeda primária caiu para menos de US $ 35.000, pela segunda vez em 3 dias. Em contraste, ganhos notáveis ​​para Cardano (ADA) e outra alta de todos os tempos para Polkadot levaram o domínio do BTC sobre o mercado para cerca de 66%.

Bitcoin perde mais de $ 3K em 24 horas

Poucos dias após o crash de segunda-feira, em que o BTC atingiu o mínimo ligeiramente acima de $ 30K, a criptomoeda conseguiu recuperar a maioria das perdas e até tentou $ 40.000 mais uma vez.

No entanto, o BTC não conseguiu ultrapassar esse nível cobiçado e começou a diminuir gradualmente em valor. O BTC caiu para $ 34.500 na sexta-feira, mas os touros interceptaram o movimento e levaram-no a uma alta intradiária de quase $ 39.000 algumas horas depois.

No entanto, os acontecimentos adversos voltaram e o bitcoin despencou mais uma vez – desta vez mais baixo. No momento em que escrevo estas linhas, o preço do Bitcoin está sendo negociado abaixo de $ 34.500 – mais de $ 3.500 de queda livre em menos de 24 horas.

Os indicadores técnicos sugerem que os próximos níveis de suporte que podem ajudar se o BTC cair ainda mais ao sul são $ 34.000, $ 32.500 (linha de tendência ascendente de médio prazo) e $ 30.000 (mínimo de segunda-feira).

Alternativamente, o bitcoin tem que superar as linhas de resistência em $ 35.600, $ 36.600, $ 37.150 e $ 38.000 antes de potencialmente desafiar $ 40.000 novamente.

Três em uma fileira para o DOT; Alts Reduzindo o Domínio BTC

Embora a maioria das moedas alternativas estejam ligeiramente no vermelho, elas conseguiram reduzir o domínio do BTC sobre o mercado e ganharam em relação ao seu valor BTC.

A métrica comparando a capitalização de mercado do bitcoin com todas as outras altcoins estava em 70% no início desta semana, mas caiu para 66,2% no momento de escrever estas linhas.

Isso se tornou possível após ganhos impressionantes de ativos como Polkadot e Cardano. O DOT dobrou em sua recente corrida de alta, com outra alta de todos os tempos – desta vez acima de US $ 19. Em uma escala semanal, o DOT aumentou em mais de 70% e o ativo ultrapassou o XRP como a quarta maior criptografia.

Por outro lado, o ADA disparou 15%, para US $ 0,36.

Ethereum, Binance Coin e Litecoin marcaram pequenas perdas. Ripple (-3%), Bitcoin Cash (3%) e Chainlink (-8%) foram os que mais perderam dos dez primeiros.

On-chain data shows: Millionaires flock to Bitcoin – but there isn’t enough for everyone

The demand for Bitcoin has increased many times over in 2020. And on-chain data shows that the asset’s limited supply can cause a rush.

The Bitcoin FOMO train

Bitcoin, the world’s largest cryptocurrency, saw demand surge last year amid bleak economic prospects, concerns over dollar inflation, weakened fiat currencies, incessant money printing, and low returns on traditional investments.

The rally even saw institutional players take notice of the asset as it broke its all-time high of $ 19,800 and rose to as high as $ 41,750 in December 2020. Some of them are multi-billion dollar funds like Guggenheim Partners, which registered their interest in BTC with the US Securities and Exchange Commission last year.

Others took the plunge. Billionaire investor and head of Tudor Investments, Paul Tudor Jones, poured nearly 2% of his capital into the asset class, claiming it was „great speculation“ and the „fastest horse“ of any other asset in the open market.

Technology companies were also investing quickly. Fintech service Square, owned by Bitcoin advocate and Twitter founder Jack Dorsey, invested $ 50 million of its funding in BTC and said it was an instrument of “economic empowerment and an opportunity for the world to participate in a global monetary system . „

But that was still small compared to the Bitcoin purchase from the business intelligence company MicroStrategy. Beginning in August 2020, the company built a $ 1 billion position in Bitcoin. The largest purchase came in December when the company raised $ 650 million in convertible bonds and used the proceeds to buy more Bitcoin.

What on-chain data says

Despite the volumes, institutional interest in Bitcoin is only just beginning. On-chain analyst Willy Woo currently writes in a tweet that the „whale spawning season“ is here – this shows a record number of large Bitcoin transactions.

Woo continues:

„The world has 47 million millionaires, 71% of them live in the US or the EU, there are only 14.9 million BTC in circulation, and only 4.1 million BTC are liquid and can therefore be bought.“

Such a liquidity squeeze on the sales side likely caused the record purchases of Bitcoin last month – which in turn drove the price of the asset over $ 23,000 and beyond, according to Woo.

According to Woo, the data would show that the supply of 4.1 million “liquid” coins (or those available for sale) has steadily declined amid the rounds of money printing and stimulation. An observation that suggests the market is running out of sellers.

The dilemma of the new Bitcoin millionaires: „should I tell the people?

A new Bitcoin millionaire believes that the best decision is to keep quiet and start investing in new income generating assets.

The newest rise in the price of Bitcoin has made new millionaires in digital currency. Since it appreciated above $30,000 yesterday, at least 10,145 asset holders have become new millionaires.

As Bitcoin’s technology is open and transparent, anyone can consult the blockchain and know how many Bitcoins each portfolio has, so several services monitor these addresses.

It is important to remember that although we can see the amount of bitcoins in each wallet, it is not possible to know Bitcoin Storm who the person behind the address is. So the wallet holder himself has the responsibility to reveal himself or not.

Bitcoin Millionaires 2021
The dilemma of new millionaires
Since it began to rise in November, therefore, digital money has created at least 20,000 new millionaires, and some of them are debating on social networks whether to say this to others or not.

According to the opinion of one of these new millionaires, besides the problem of the government itself wanting its share, there is also a risk of people close to it.

A shared post on the reddit by a new rich man leaves an opinion that has been supported by several others.

The problem of „I just became a millionaire: must I tell the people?

The reddit’s answer starts with a NO (in capital letters). He says that the new millionaires should not go around saying that they have become millionaires because in his view, this is a serious mistake.

„Some of us have become extremely rich because of Bitcoin. And many of us came from poor origins or from the lower middle class. The joy, the exuberant feeling of making millions can lead him to make a serious mistake: You want to tell the world. You want to post on Facebook and Instagram. You want to buy that lambo, run in your neighbourhood and broadcast your holidays live“.

The risk, he says, is that it may attract ill-intentioned people who may want to take a slice of what has been earned with a lot of effort and patience. He says the best decision is to tell about the novelty only to trusted people like his wife and children.

„Before you know it, each of your cousins, nieces, (grandparents), brothers, friends, co-workers, former classmates, and complete strangers will present you with a „business plan“ that you must invest. In addition, there is the danger of interested women who are much smarter than you can imagine“.

„Just tell your spouse and children. Do not tell your parents. Not yet. Not immediately. Only wife and children of long standing are your inner circle of trusted allies at this time. The rest can be a potential problem“.

The new millionaire believes that the best decision is to keep quiet and start investing in income-generating assets, i.e., the idea is not to squander the money, but to invest.

It doesn’t matter what the person is going to invest in, suddenly in other cryptomorons, but spending everything can be a big problem.

„Your first best decision is to be quiet. Your second best decision is to start investing in income-generating assets. You may have a lot of money now, but it will depreciate like the dollar or any other currency“.

„1: stand still, 2: find 3 new income streams. You can, of course, reinvest in another cryptomime or invest in gold, or invest in anything you think will generate profits. But concentrate on investing in assets that will generate income for you“.

The man ends the post by saying that the rich are still rich because they invest in assets that generate income, spending all the money or exposing the assets to those who will encourage you to spend is not a good idea.

„After creating new income streams, you can buy that lambo. Just don’t let anyone touch it except your wife and kids. And you may need to hire a security/surveillance team to keep an eye on you. Rich people are still rich because they invest in income. Got it? SILENCE!“

The post received a lot of fun and comments from other new rich people in Bitcoin who agree with the editor’s opinion. However, there are also those who prefer to spend it all and tell everyone that they have gotten rich.

Each one decides what they want.