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An analyst who has achieved high Bitcoin performance notes that Bitcoin could drop 10% and pave the way for altcoins, with a focus on gaming coins and the metaverse.

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An analyst who has achieved high Bitcoin performance notes that Bitcoin could drop 10% and pave the way for altcoins, with a focus on gaming coins and the metaverse.

After rehearsing for another recovery to $ 60,000, the price of Bitcoin (BTC) did not find support and fell again by more than 8% taking the cost of the main cryptocurrency market for less than $ 54,000.

Analysts point out that the drop was caused primarily by the discovery of a new variant of the potentially vaccine-resistant coronavirus, and indicate that the fix will be function as a rest for the bulls, which must come back refreshed to push BTC to new highs.

Martha Reyes, Head of Research at BEQUANT, noted that the market decline was already expected, stressing that the low liquidity observed recently in the market, together with The maturity dates of the $ 3 billion BTC options were the peak issue adding about $ 58,000 to volatility.

Reyes, however, points out that traders need to keep an eye on the $ 53,000 level in the short term. which acts as fundamental support since that is where the base of short-term costs is.

Yes Ruud Feltkamp, ​​CEO yes Cryptohopper, indicates that the fall was no different from what happened countless times, and that nothing can go up without stopping. So the recent low rather than a change in direction, it was a confirmation of a new high.

“On the other hand, inflation is skyrocketing and people are looking for alternatives to their money in the bank. I don’t think it will be long before investors see this “cheap” buying time. We are still in the middle of a bullish cycle and I think that rising inflation will lead to more money going to stocks and cryptocurrencies, ”he said.

Bitcoin is losing market dominance

However, for the analyst team at Transfero which even in June indicated that the price of BTC was about to hit an all-time high above $ 65,000, which actually happened in October, highlighting that Bitcoin is losing its dominance in the market and thus altcoins stand out.

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According to Transfero, the Bitcoin adjustment shows that the main cryptocurrency on the market may be losing momentum. According to the company’s analysis, the support of $ 57,200 was broken, but without volume, which meant that in the seven days ending November 25, when the valuation was made, the price remained above this level again. …

“This is a good sign as it shows that the trading volume in this range was large and the bulls were ahead of the bearish ones,” analysts say.

According to the Transfero team of specialists, one can see that the market is in a lateralization zone, in which prices range from 55.2 thousand to 60.1 thousand US dollars.

“It is possible that BTC will move in this range in the coming days as the movement of altcoins gains momentum. It is even possible that a breakout of this range may occur, as a result of which the price will reach the support of $ 51,200, ”analysts say.

The company also emphasizes that it is important to note that the Fear & Greed Index was down 22 points from the previous week, reaching 32 points. These investor concerns have opened up new buying opportunities, according to Transfero.

Bitcoin horses, altcoins sobem

In addition, analysts at the company note that as the dominance of bitcoin has declined significantly, this indicates an increase in the altcoin market, especially gamecoins, cryptocurrencies associated with games for money, and cryptoassets associated with the metaverse.

Highlights included currencies in the ‘gaming’ category such as the GALA, which has risen more than 200% in the last seven days (considering the period from 18 to 25 November), and the metaverse app, as was the case with MANA (Decentraland), which grew by more than 40% over the same period, ”he notes.

Also, according to Transfero, one of the most promising games of the next few years, Star Atlas, follows the “play to make money” model on Solana’s blockchain, promising to revolutionize the sector with stunning graphics. Game objects are NFTs that can be traded through a token. ATLAS

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The company indicates that the token POLICE will also be part of this ecosystem and token holders will have a say in game development discussions.

“It is worth noting that between November 18th and 25th, the token reached its all-time high in market capitalization, exceeding $ 425 million, with an increase of more than 50%,” he concludes.

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Economy

Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners

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Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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Economy

The first Dacia hybrid. “The cheapest hybrid family on the market”

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The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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Economy

See how Tesla tests its electric Semi truck in the worst-case scenarios

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Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.


Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

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high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

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