Arguments of experts to present Bitcoin to loved ones during Christmas

Explaining how easy Bitcoin is to use shouldn’t be a difficult task if we understand that people outside of this technology need easy, digestible answers without too much technical detail.

Several experts in the cryptocurrency field have given their opinions on how to convince their friends and family of the usefulness of Bitcoin.

Bitcoin will never be governed by the same restriction and manipulation rules that have always dominated fiat currencies

Explaining the ease of use of Bitcoin at Christmas will arguably be one of the most enjoyable tasks that fans of this technology will have to do – especially as its price has surpassed $ 20,000 in December , shattering its precedent. record.

While it can be difficult to change the mindset of someone who has been used to the fiat currency system for many years, it can also be a lot of fun.

Convincing skeptics of the usefulness of Bitcoin doesn’t have to become a tedious topic, as long as you don’t make some of the common mistakes that end up scaring everyone.

BeInCrypto previously brought up the case of JK Rowling , author of the Harry Potter book series, who asked her Twitter followers for a simple explanation of what Bitcoin was, not understanding what it was.

People are now explaining Bitcoin to me, and honestly, it’s blah blah blah blah collector coins (My Little Pony?) Blah blah blah blah computers (I have one) blah blah blah blah crypto (sounds like creepy) blah blah blah blah understand the risk (me not, though)

The results were not very successful:

It is getting ridiculous. I do not join the Bitcoin community. It should be perfectly obvious by now that I was laughing at Bitcoin in hopes of increasing my large shares of Ethereum.

While most enthusiasts must have grown weary of technical information to understand the mechanics of Bitcoin, a lot of people just want to understand if Bitcoin really works and why its maximalists claim it is superior to traditional currencies.

Bitcoin is superior to the fiat system in fighting crime

BeInCrypto has reached out to several enthusiasts and relevant players in the crypto industry, who have brought their grain (if not their ton) of salt, so that those who are skeptical or eager to know about Bitcoin will understand and appreciate its technology and its benefits.

Bitcoin, Ethereum i Tether dostają wzmianki o premierze sezonu „Shameless“.

Główne kryptocurrencies Bitcoin, Ethereum, i Tether wszystkie mają wzmiankę w Sezonie 11 premiera długoletniego amerykańskiego komedyjno-dramatycznego serialu telewizyjnego „Shameless“, który pojawia się w Showtime. Pierwszy odcinek – „This Is Chicago“ pokazuje, jak Kevin (Steve Howey) jest zdezorientowany o losach jednego z użytkowników kryptokurantów, który mówi:

Mój Bitcoin. Jest już 30, a ja używałem go, by wykorzystać mój Tether i Ethereum.

Jednak Kevin odpowiada, że nie miał pojęcia, o czym mówi handlarz kryptoflami.

The trader said whether bitcoin will reach $20,000 in the near future

Financial market forecasts are the private opinion of their authors. The current analysis does not constitute a trading guide. ForkLog does not assume any responsibility for the results that may arise from the use of the trading advice provided in the reviews.

The current market situation is described by Nikita Semov, a practicing trader and founder of the Crypto Mentors project.

VSA and Price Action
In the context of Volume Spread Analysis, the price of the bitcoin is locked in a range with Creek levels at $19,564. Judging by the buyer’s reaction, there is aggression. A false breakdown with a liquidity fence should not cause concern – it is a standard price movement to activate the stops.

There is pressure on the Creek level with weak horizontal reaction. Volumes decrease in a similar way when approaching a level, which additionally confirms the high probability of its breakdown.

There are EQHs at $19,950, which act as a magnet for the price. Consequently, we are likely to see the $20,000 mark in the near future. A breakdown of the base will similarly occur upwards with the subsequent termination of all accumulated volume.

Horizontal volume and delta analysis
The resulting EQHs are formed by the filling of limit orders, so they are currently a serious resistance [1]. POCs of the unloading balance have also been actively held back by serious sell-limits [2]. This suggests that behind these levels there is a large number of stops which will create a ‚free‘ movement of up to $20,000.

The protection of the weighted average weekly volumes is being formed at the moment, from where growth can already begin today. This will push the price into an even narrower range and create a triangle with a pressure to break through the level [3]. Significant support has been formed at the bottom.

Another factor in unblocking all this balance into the long range is the behaviour of the OM, which signals that positions are opening on the rise and fixing on the fall. The surge in OM was fixed at $19,500, which means that limit short positions were opened [4].