Cryptocurrency Market Analysis [October 14 Edition]

*In the published article, some
items are listed.
Bitcoin is
slightly higher than last week, now at 900,000 yen
per coin.
Bitcoin daily chart
The areas enclosed by the red box on the chart indicate
the price level from this May and serve as a reference for
selling and buying pressure.
For the time being, the probability of movement within this red box is high, but
if it breaks upward or downward from the red box, it may move significantly in that direction.
.
From 1.5 million yen at the end of June
the highs have been continually lowered
so, chartwise,
without major news, it may not rise much further.
.
However, in April of this year Bitcoin suddenly
rose sharply
and reached 1.5 million yen.
In reality, fundamentals did not function as a big driver
(no major news),
and looking at Bitcoin’s past movements,
buying at a low price and holding when it stabilizes has been effective.
.
【Bitcoin
was
rejected by the SEC】
There had been great expectations for the
Bitcoin ETF, but it was eventually rejected.
https://www.coindeskjapan.com/24378/
Bitcoin ETF and
why it had been anticipated
and the gold ETF,
when approved previously, surged over the long term.
As a safe asset, Bitcoin and gold are often compared in a similar position.
With this rejection, there seems to be no particular price impact.
Perhaps because Bitcoin had previously fallen from 1,000,000 to
1,100,000 and then suddenly dropped,
this could have been priced in when considering the ETF rejection?
Already after the drop, Bitcoin did not show price volatility due to the ETF rejection.
Among experts, some see Bitcoin ETF as
potentially coming years later, and currently the main focus is on Bitcoin futures
Bakkt and Ethereum futures (in the future).
.
【Angelic Wallet
Payouts
As of July 3, the Angelic Wallet has been in operation.
From the 26th, it moved to
Heaven 2.0
0
Below isANX in lockdown at Heaven.
TheANX amount is as follows.
ANX → 70,000 yen (initial)
→ 170,000 yen (second phase)
→ 220,000 yen (October 7)
→ 260,000 yen (October 15)
Actual image
https://bitcoin-newstart.com/wp-content/uploads/2019/10/anl1015.png
Payouts on the exchange (beta)
Payout status
*This ANX is what I bought with funds. (Not locked)
*Initial ANX purchase was 140,000 yen.
October 14 → ANX 22 million, other currencies (dividends) → 26,000 yen
= 246,000 yen
Recently, Angelium
is in the Xgame platform
planning to release a game.
No announcement yet on when dividends will run out,
but it is heard that more people are actually using Angelium now.
After all, dividends have been reliably paid so far,
and withdrawals have been possible, so for those who were unsure, this is one reason they are starting now.
*There have been some withdrawal issues,
but contacting the management promptly resolves them.
Angelic withdrawals have not been reported as problematic by me.
What Angelium must do now is to attract many users to the wallet.
To do so, they are engaging in distribution services to draw customers.
And……
(omitted)
Details about Angelium here
https://bitcoin-newstart.com/angelic-ico
Official wallet is here
.
*If you are considering investing,
do so with surplus funds and consider the risks
Please continue to proceed
)