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Bitcoin-Btc Prix Aspects: Does the price increase stimulate the price to overcome the barrier of $ 120,000 this time?

Bitcoin is currently negotiating a drop of approximately 0.16% to $ 114,285 with commercial sizes in the last 24 hours worth $ 58.2 billion. Despite this slight drop, the price of the main digital currencies in the world has remained consistent in its main levels of support, in the middle of the currency with strong commercial dynamics as a result of emergency discussions, daring expectations and the interest of the United States in money.

Controversy on future practical use of Bitcoin (Bitcoin)

Bitcoin witnesses a division before the coming launch of the 30th update in the main network Bitcoin Core V30, which will cancel the maximum volume of block data transactions (block) known as OP_RUTurn of 80 of the panels, which has remained for a long time. This change should allow the storage capacity of non-transactions directly linked to blockchain, but it raised questions about the main objective of money.

While the criticism of the update are contradicted the original vision of the developer of Satoshi Nakamoto concerning the mission of the currency by providing the direct-analogy sharing of the counterpart (P2P), his supporters believe that he gives new opportunities to develop applications based on the basic Bitcoin blockchain.

This dispute underlines that blockchain often develops by providing stimuli, without following strict rules, and although those who adhere to the vision of origin warn against the impact of the interests of institutions that push to increase storage capacity, developers and those prepared in update see additional potential sources of income and new use, and this is recalled that the identity of identity is enlargement Constantly, the computer mixtures of its mount and identity.

Draper and American states announce hopes for large -scale adoption

The billionaire investor, Tim Draper, believes that traders will possibly accept Bitcoin alone, while most institutions – including strategy (strategy), will consider the currency as a store of sustainable value, with derbar conviction that when senior actors accept the currency as payment payment, this will stimulate sustainable expenditure activities.

Indeed, Derbar has demonstrated the validity of its vision of its investments in the Coinbase and the Robbration, which are prepared in the main infrastructure of digital assets.

For their part, the Massachusets studies a bill which allows the award of 10% of the stability fund of the investment state to create Bitcoin reserves; Although its adoptaries are confronted with obstacles from a legislative body dominated by Democrats, this remains an indication of the growing recognition of money as a strategic asset for the State after the States of Texas and New Hampshire.

  • Draper expects a future adoption of currency by small investors.
  • Massachusetts plans to create a strategic bitcoin reserve for the State.
  • Institutional confidence increases.

The technical prospects of the Bitcoin Prize: the beginning of October, the lights to come

With two-hour fees for two hours of the two hours, its stability is clear of about $ 114,154 after its strong penetration last week of a downhill channel which established the way of the September wave of correction, so that the price will currently be settled near the barrier of $ 114,741 and the average medium movement index is placed in the beach of the beach of 100 SMA-100 negotiation period.

This comes in conjunction with the drop in reading the RSI index (RSI) of the excessive sales beach from 80 to 60 years, in an indication of the continuity of the height position and the price of the price to start the launch, while the recent short candles suggest the frequency, although it is a model similar to the ascending triangle, a reason likely to continue the way after the high wave.

Bitcoin, Source: tradingView

If the Price is able to cohese above it is Lowest Level, its penetration of a $ 114.741 Barrier May allow it to re -test His subsequent at $ 116,150 and Perhaps Its Highest Levels Registered in September 117.850, and the possibility of reaching With the Acquisition of Momentum, But Breaking the Level of Support of $ 113,000 will be more like the level of support for $ 112,600 The average simple movement line with a fork of 50 (SMA-50) at $ 111,680.

However, it is preferable for market players to enter speculative centers at a high price in the event of penetration of more than $ 114,700, with $ 116,150 and $ 117,850, and to put stop commands directly below the level of $ 112,600.

With the emerging institutional optimism with these artistic signals, it may not be limited to the high price of Bitcoin, but we can also attend the high prices of Ethereum-Eth, Ripple-XRP and the Solana-Sol room.

Hyper-hyper bitcoin is a hyper-hyper bitcoin

Bitcoin Hyper Project is the first second solution for the Bitcoin blockchain depends on the Solana virtual machine (SVM), which aims to strengthen the bitcoin technical system with intelligent contracts and decentralized decentralization applications (DAPs) at low cost and fast implementation, in addition to supporting the creation of MC currencies.

The project combines Bitcoin Blockchain with the effectiveness of Solana Blocchain to open the way for new solid uses, with the possibility of a fluid connection between bitcoin and platform and development of expandable decentralization applications.

The project focuses on the ability to develop, simplicity and reliability, and the intelligent currency contract underwent a security audit by Cinsult, while the project is witness of increasing interest on the part of investors, and the subscription result exceeded 19.5 million dollars, with its approaches.

Finally, you can buy Bitcoin hyper currently at $ 0.013015, and this price should increase with the progress of the subscription, knowing that you can finish the purchasing process via the Official Bitcoin Hyper Project website using digital or Visa and Masx currencies.

To participate in the Bitcoin Hyper subscription, click here

Does the expectations of Bitcoin-BTC prices: does the increase in the October price stimulate the price to overcome a barrier of $ 120,000 this time? APPLERDIRST on Arab Cryptonews.

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