Bitcoin and Ethereum analysis 02/22/2021: BTC is worth more than a kilo of gold and…?

0


Every time I've read or seen someone with a sign on Facebook that says something similar, I feel like they want to sell me something. Come on, it's not that it's not relevant, why is it … But what use is a BTC worth more than a kilo of gold to me?

Please do not be offended kind readers, but it is very likely that the first thing you will think when you read the question is “The dollar will go bankrupt and the BTC will rise higher. The monetary system must fall ”, or something like that.

Well, yes, you don't have to be a Facebook guru or economics nobel to sense the demise of the dollar's hegemony, I think by now we know that everything is a cycle and the market is a reflection of it.

What will be next? Well there are many options … some more likely than others, what is a fact is that Bitcoin paints most of those options and this is what really interests us.

As we are also interested in knowing the interest levels of BTC and ETH.

Let's review together what to expect on this day in the markets, in my new analysis for Cryptocurrency.

BTC 1D

ANALYSIS BITCOIN 22 02 2021 "width =" 1280 "height =" 704 "srcset =" https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum -22022021-btc-vale-mas-que-un-kilo-de-oro-y-1-analisis-bitcoin-22-02-2021.jpg 1280w, https://criptomonedaseico.com/wp-content/uploads/ 2021/02 / www.criptomonedaseico.com-analysis-bitcoin-and-ethereum-22022021-btc-worth-more-than-a-kilo-of-gold-and-1-analysis-bitcoin-22-02-2021- 300x165.jpg 300w, https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum-22022021-btc-vale-mas-que-un-kilo -de-oro-y-1-analisis-bitcoin-22-02-2021-1024x563.jpg 1024w, https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis- bitcoin-and-ethereum-22022021-btc-worth-more-than-a-kilo-of-gold-y-1-analisis-bitcoin-22-02-2021-768x422.jpg 768w, https://criptomonedaseico.com /wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum-22022021-btc-vale-mas-q ue-un-kilo-de-oro-y-1-analisis-bitcoin-22-02-2021-24x13.jpg 24w, https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico .com-analysis-bitcoin-and-ethereum-22022021-btc-worth-more-than-a-kilo-of-gold-and-1-analysis-bitcoin-22-02-2021-36x20.jpg 36w, https: //criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum-22022021-btc-vale-mas-que-un-kilo-de-oro-y- 1-bitcoin-analysis-22-02-2021-48x26.jpg 48w "sizes =" (max-width: 1280px) 100vw, 1280px
Bitcoin price chart 02/22/2021 | TradingView

The $ 54,000 is the price that the bulls must sustain if you want to look for $ 61,000–64,000.

This level is key, the fight for the field is important and the bulls know that they must not lose this battle, if they want to return to highs in the short term.

If the price is able to sustain the $ 56,000 we must prepare for the $ 57,400 test and from here to explore the $ 58,500–60,200.

Bears below $ 53,500 will continue to push lower looking to hit $ 52,000–50,000.

BTC 1H

ANALYSIS ETHEREUM 22 02 2021 "width =" 1280 "height =" 704 "srcset =" https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum -22022021-btc-vale-mas-que-un-kilo-de-oro-y-1-analisis-ethereum-22-02-2021.jpg 1280w, https://criptomonedaseico.com/wp-content/uploads/ 2021/02 / www.criptomonedaseico.com-analysis-bitcoin-and-ethereum-22022021-btc-worth-more-than-a-kilo-of-gold-and-1-analysis-ethereum-02-22-2021- 300x165.jpg 300w, https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum-22022021-btc-vale-mas-que-un-kilo -de-oro-y-1-analisis-ethereum-22-02-2021-1024x563.jpg 1024w, https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis- bitcoin-and-ethereum-22022021-btc-worth-more-than-a-kilo-of-gold-y-1-analisis-ethereum-22-02-2021-768x422.jpg 768w, https://criptomonedaseico.com /wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum-22022021-btc-vale- more-than-a-kilo-of-gold-and-1-analysis-ethereum-22-02-2021-24x13.jpg 24w, https://criptomonedaseico.com/wp-content/uploads/2021/02/www .criptomonedaseico.com-analysis-bitcoin-and-ethereum-22022021-btc-worth-more-than-a-kilo-of-gold-and-1-analysis-ethereum-22-02-2021-36x20.jpg 36w, https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum-22022021-btc-vale-mas-que-un-kilo-de-oro- y-1-analisis-ethereum-22-02-2021-48x26.jpg 48w "sizes =" (max-width: 1280px) 100vw, 1280px
Ethereum price chart 02/22/2021 | TradingView

$ 55,000 could be a respite for Bitcoin and head towards $ 56,500. But you will need to be careful to stay above $ 55,800 if you want to fight $ 57,400.

The bears should be careful at $ 52,500–52,000, but as long as BTC is unable to sustain above $ 55,000, from a bounce off the $ 52,500–52,000 block, BTC will seek new lows.

Ethereum 1D

ANALYSIS ETHEREUM 22 02 2021 "width =" 1280 "height =" 704 "srcset =" https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum -22022021-btc-vale-mas-que-un-kilo-de-oro-y-1-analisis-ethereum-22-02-2021.jpg 1280w, https://criptomonedaseico.com/wp-content/uploads/ 2021/02 / www.criptomonedaseico.com-analysis-bitcoin-and-ethereum-22022021-btc-worth-more-than-a-kilo-of-gold-and-1-analysis-ethereum-02-22-2021- 300x165.jpg 300w, https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum-22022021-btc-vale-mas-que-un-kilo -de-oro-y-1-analisis-ethereum-22-02-2021-1024x563.jpg 1024w, https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis- bitcoin-and-ethereum-22022021-btc-worth-more-than-a-kilo-of-gold-y-1-analisis-ethereum-22-02-2021-768x422.jpg 768w, https://criptomonedaseico.com /wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum-22022021-btc-vale- more-than-a-kilo-of-gold-and-1-analysis-ethereum-22-02-2021-24x13.jpg 24w, https://criptomonedaseico.com/wp-content/uploads/2021/02/www .criptomonedaseico.com-analysis-bitcoin-and-ethereum-22022021-btc-worth-more-than-a-kilo-of-gold-and-1-analysis-ethereum-22-02-2021-36x20.jpg 36w, https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum-22022021-btc-vale-mas-que-un-kilo-de-oro- y-1-analisis-ethereum-22-02-2021-48x26.jpg 48w "sizes =" (max-width: 1280px) 100vw, 1280px
Ethereum price chart 02/22/2021 | TradingView

$ 1,950–1850 is a key building block for Ethereum. This resistance must be destroyed, if the price wants to stay higher.

This resistance appears to contain the positions of the most cautious speculators and the path to it is a minefield. We must be cared for.

ETH 1H

ANALYSIS BITCOIN 22 02 2021 "width =" 1280 "height =" 704 "srcset =" https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum -22022021-btc-vale-mas-que-un-kilo-de-oro-y-1-analisis-bitcoin-22-02-2021.jpg 1280w, https://criptomonedaseico.com/wp-content/uploads/ 2021/02 / www.criptomonedaseico.com-analysis-bitcoin-and-ethereum-22022021-btc-worth-more-than-a-kilo-of-gold-and-1-analysis-bitcoin-22-02-2021- 300x165.jpg 300w, https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum-22022021-btc-vale-mas-que-un-kilo -de-oro-y-1-analisis-bitcoin-22-02-2021-1024x563.jpg 1024w, https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis- bitcoin-and-ethereum-22022021-btc-worth-more-than-a-kilo-of-gold-y-1-analisis-bitcoin-22-02-2021-768x422.jpg 768w, https://criptomonedaseico.com /wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum-22022021-btc-vale-mas-q ue-un-kilo-de-oro-y-1-analisis-bitcoin-22-02-2021-24x13.jpg 24w, https://criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico .com-analysis-bitcoin-and-ethereum-22022021-btc-worth-more-than-a-kilo-of-gold-and-1-analysis-bitcoin-22-02-2021-36x20.jpg 36w, https: //criptomonedaseico.com/wp-content/uploads/2021/02/www.criptomonedaseico.com-analisis-bitcoin-y-ethereum-22022021-btc-vale-mas-que-un-kilo-de-oro-y- 1-bitcoin-analysis-22-02-2021-48x26.jpg 48w "sizes =" (max-width: 1280px) 100vw, 1280px
Bitcoin price chart 02/22/2021 | TradingView

In the short term, just $ 1,800 could give ETH a breather and help him get back on it at $ 1,860–1,900, but we must be careful we are still in the bullfighting zone, but they already look tired, we must not abuse.

The bears have it very clear, they want Ethereum at $ 1,690-1,600. However, bears are also careful, they are playing against the trend and they know that at any moment the market can turn them around.

Where to take advantage of these levels of Bitcoin?

If you want to profit from every move, rise or fall, of Bitcoin, Ethereum, XRP, Litecoin, Dash, Zcash, Monero, and many other cryptocurrencies, you should look to Stormgain.

And this is a leveraged exchange that is revolutionizing the world of cryptocurrencies, due to its high level of leverage, ease of use and its innovative system for mining BTC in the cloud. In addition to being the official partner of the Newcastle team in the Premier League.

The best thing is that StormGain is offering 25 USDT to its new users.

This exchange has become a favorite of traders in recent years, thanks to its friendly interface, which makes trading with leverage (up to x200) very easy, even for the most novice traders.

Therefore, exclusively for users of Cryptocurrency, Stormgain is giving away 25 USDT with the first deposit, which must be a minimum of $ 110.

All you have to do is enter this link, register by entering the promotional code BONUS25 and make the first deposit of $ 110 or more, to start enjoying cryptocurrency trading with leverage up to x200.

In addition, once registered with that link and made the deposit of the $ 110 in your account in StormGain, in any cryptocurrency accepted by the platform, users will be able to enjoy free trading courses and free trading signals, offered by the platform SignalsCryptocurrencies. Portal that has already been generating great profits for its users.

They just need to follow the steps above and submit proof of deposit, along with your StormGain username, to the telegram of @MendozasWork or to that of @ rolandogarcia210989.

Promotional Code: BONUS25

For more information head over to the StormGain Telegram group: https://t.me/StormgainLATAM

Analysis by Saul Cano of Trade and Hold for CCN

Tweet: TradeandHold
Facebook: tradeandhold
Instagram: trade.andhold





Leave A Reply

Your email address will not be published.

14 − 13 =