Name: This Breakout is the Real Deal! BITCOIN PRICE SURPASSES $10,000 BUILDING MOMENTUM FAST
Uploaded: 2020-03-11T21:00:33.000Z
Duration: 11 min
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Adverbs of degree

the price of Bitcoin just hit $10,000 per btc.

If we look at the price chart year to date, this is Bitcoin.

If we look at the price chart for the last year, we peaked hard last year too fast to unsustainable.

We flew right up to 14 k and then pulled back Consolidated.

And now we have surpassed 10 k again, and momentum is building and momentum is building fast.

According to Aunt Jane analysis on chain fundamentals, this breakout is the real deal.

If you're asking yourself Well, what's backing this?

10 K breakout fundamental investment activity is backing this 10 K break out.

But if you hold Cryptocurrency, here are the top stories that you need to know things.

Making news in the space today Hit, Subscribe.

We bring in the Daily news keeping you informed Visa is planning the biggest changes to swipe fees in a decade Now.

In many ways, this is visa fighting against Bitcoin.

Hey, nobody said it would be easy, but this is how Visa is trying to coax more merchants.

More users to keep using Visa Check this out.

Visa is planning the biggest changes in a decade to the rates US merchants pay to accept its cards.

Well, they're hoping to persuade more people to abandon checks and adjusting its fees for new businesses, such as ride hailing service is.

Well, it's actually a bit confusing the company's interchange rates, which are the fees charged every time a consumer use of the card will go up or down, depending on the merchant and the way a consumer pays for their purchase, according to a document Visa sent to banks that outlined the changes.

So who gets the higher rates and who gets the lower AIDS Will Higher rates are looming for transactions on e commerce sites, while retailers I guess Mickey brick and mortar in certain service categories such as real estate and education will see fees.

Now, as a smart consumer, a smart investor, let's read between the lines a little bit reading between the lines here they're adjusting their fees based on their market share areas, like e commerce, where they have a near monopoly.

Other areas where they're less popular, they're lowering their fees, makes sense from a business perspective.

And I'm sure their goal is to make more money and grow their market share.

Now some would say that this market share, it's just good business.

Others would say that, Hey, this near Monopoly is can be be scary if a company could do this to their consumers.

Do this to the merchants willy nilly whenever they choose.

And now if you run an e commerce site, you're gonna be paying a few more pennies on each transaction.

Give me your thoughts down below in the common section before we get to Binah.

Next piece of news China's Corona virus whistle blower is now memorialized on Ethereum.

So the person that broke the story about Corona virus in China when the government was trying to cover it up.

Someone has just created a smart contract on Ethereum with source codes in the shape of a monument in memory of Dr Lee when Liang, the whistleblower of China's Corona virus outbreak, who died of the disease.

Here's the memoriam right here, forever memorialized on Ethereum, and this is illustrating a direct use case for theory.

Um, because while the Chinese government is trying to cover this up now forever, people know who truly tried to save them.

The source code on the monument contract created on Friday wrote down the biography of Dr Lee in Chinese and highlighted rest in peace and his contribution as a medical expert toe alerting others on the dangers of the virus as early as December 30th on Lee to be reprimanded by local police later on.

The creation of a smart contract, which now becomes immutable on sensible on the block chain, comes at a time when Chinese citizens are being censored on we Chet being censored on Weebo.

The news of his death broke late night Thursday, China time, and this news immediately jumped to the top spot on with those real time trending topics list.

But within minutes within minutes, it was dropped to the seven position, and now it's no longer on the list, even though the hash tag Dr Lee W.

Passed away has so far gotten one billion views over the last month on discussions on social media, yet it's no longer on the list.

Meanwhile, other Hashtags have now been restricted by the Chinese government, such as Wuhan.

Searching for this hash tag on Weebo now leads to no results, although although it was accessible when I when I originally came out Thursday night immediately following Lee's death, it was fine.

The Ethereum Blockchain solves this like this video.

Get this information out to as many people as possible.

We drop a video every single day, keeping you informed on Cryptocurrency.

You do not wanna miss one all rights again before we get to some on chain analysis, something you should know is Weiss Ratings has again upgraded Bitcoin tow an a minus ahead of having so actually they upgraded Bitcoin to an A minus last month.

It stayed for this month, and in a direct quote, the Weiss crypto ratings for BTC is now an A minus, meaning excellent thanks to improving fundamentals and positive price action ahead of Bitcoins next, having no in comparison toe where Bitcoin some of these coins were last year.

Previously in late March 2019 Weiss ratings put X, R, P and EOS right alongside Bitcoin for crypto currencies that have the best combination of adoption and technology will.

Now Bitcoin has a higher grade than both of those other assets, with X R P standing in a B minus and EOS now at a sea after a downgrade for centralisation extra peas.

So take these Weiss ratings for what you will.

If you want to look up your specific coin, I'm gonna leave this link down blown description.

This is weiss crypto dot com Bitcoin a minus ethereum a minus.

Bitcoin S V comes in at a whopping D plus and Theo spine, as Manero sees C plus.

Check it out, link down below in the description.

Fundamental investment activity is backing this 10 Cate breakout.

And to support this Willy Woooo shared with us this chart on chain investor activity.

I'm just an average guy that's very passionate about krypto.

But let's read this together if you'll notice there are two boxes one from June 2019.

That's when Bitcoin was surpassing 13 K, going up to almost 14 caper BTC and then February 2020.

As you can see on chain trend, Reversal proceeds the top so you'll notice these trendlines.

They all started showing momentum to the downside before that happened before Bitcoin's price topped out.

Now, if we go to where we are today, we can see that the majority of these trends lot trend lines.

They do look close, but they have not topped out yet.

So in Willie's mind, there's no chance of this being a top Interesting.

So are these two boxes similar enough for you to spot a matching trend?

Some guy says, How are these two boxes similar?

I believe you, but I find it hard to understand it.

Then American Ho dl uh, one of the best Bitcoin trolls on Twitter responded.

Shut up and just let the bullishness flow over you.