166. najbogatszy człowiek na świecie ujawnił, że zainwestował w Bitcoina.

Ricardo Salinas Pliego, drugi co do wielkości człowiek w Meksyku, ujawnił, że 10% jego „płynnego portfela“ jest inwestowane w Bitcoin (BTC).

Miliarder podzielił się filmem zarejestrowanym w „łacińskim kraju“, przedstawiającym banki wyrzucające do śmietnika worki na śmieci wypełnione papierowymi pieniędzmi. Twierdził, że „papierowe pieniądze są nic nie warte“, dodając: „Dlatego zawsze dobrze jest zdywersyfikować nasz portfel inwestycyjny.“

Film pokazuje wyrzucane torby wenezuelskich boliwarów, w tym 10 tys. banknotów boliwarów wyemitowanych w 2016 i 2017 roku, zanim kraj zredenominacjonował swoje banknoty w 2018 roku w obliczu nasilającego się kryzysu inflacyjnego.

Trzy godziny później Pliego opublikował na Twitterze rekomendację do książki „Bitcoin Standard“, w której stwierdził, że „Bitcoin Profit chroni obywateli przed wywłaszczeniem przez rząd“ i ujawnił swoje inwestycje w kryptokurrency:

Hoy les recomiendo EL PATRÓN BITCOIN, este libro es el mejor y más importante para entender #Bitcoin.

El Bitcoin protege al ciudadano de la expropiación gubernamental.

Muchas personasas me preguntan si tengo bitcoins, SÍ. Tengo el 10% z mojego portfolio zostało odwrócone na stronie pic.twitter.com/6LtFVCXvuA.
– Ricardo Salinas Pliego (@RicardoBSalinas) 17 listopada 2020 r.

Zgodnie z tłumaczeniem dostarczonym przez Google, tweet stwierdza:

„Dziś polecam BITCOIN PATTERN, ta książka jest najlepsza i najważniejsza do zrozumienia Bitcoin. Bitcoin chroni obywatela przed wywłaszczeniem przez rząd. Wiele osób pyta mnie, czy mam Bitcoinów, TAK. Mam zainwestowane 10% mojego płynnego portfela.“

Crypto Twitter zareagował radośnie na wiadomość, że 166-ty najbogatszy obywatel świata jest znacznie zainwestowany w Bitcoin, z Danem Krakenem Heldem ogłaszającym, „instytucjonalne stado jest podstemplowane.“

Pliego odpowiedział Heldowi, mówiąc, że adopcja instytucjonalna manifestowała się stopniowo od momentu uruchomienia Grayscale’s Bitcoin Investment Trust w 2016 roku.

Miliarder zauważył również, że pozostałe 90% jego płynnego portfela jest inwestowane „w górników metali szlachetnych“.

Pliego urodził się w 1955 roku w mieście Meksyk i jest założycielem i prezesem Grupo Salinas, która jest właścicielem firm z branży medialnej, telekomunikacyjnej, finansowej i detalicznej.

Salinas jest również prezesem TV Azteca, drugiego co do wielkości producenta hiszpańskojęzycznych programów na świecie, oraz drugiej co do wielkości firmy medialnej w Meksyku.

Bitcoin whales have sold more BTCs than they have sold since March. This is a good sign for the BTC course.

The Bitcoin (BTC) price was able to climb back above $15,500 on 11 November after whales sold the highest amount to BTC since March. In previous cycles, the leading crypto currency has recovered after selling off whales.

On 12 March, for example, the MA7 indicator reached the 3rd level, when BTC on BitMEX fell to as low as $3,596 after cascading liquidations.

Since then, the MA7 has never risen above 1.7. On 11 November, the MA7 approached 2 for the first time since March, suggesting that whales have sold a significant amount to BTC in recent days.

MA 7 indicator Source: CryptoQuant
Why does the large sell-off indicate a bull trend?
Bitcoin whales that own large quantities of BTC do not necessarily sell BTC because they are pessimistic.

Many whales prefer to secure profits in the middle of a bull run and then build up new positions again. The reason for this is that whales trade with much larger positions than most retailers. They therefore use liquidity and high buyer demand to sell or adjust their positions.

Bitcoin tends to recover after a sell-off caused by whales, as this reduces selling pressure on the crypto currency in the short to medium term.

Although the Bitcoin market has become more balanced among retailers, institutions and whales, wealthy individuals still influence the market.

Ki Young Ju, CEO of CryptoQuant, stressed that in the past, Bitcoin has always rallied when whales have deposited BTCs on stock exchanges. He wrote:

„This is the indicator that signals that you should buy the decline. Buy BTC when sacrificial whales pay in on stock markets after the decline“.

Bitcoin has experienced extreme volatility over the past week, possibly as a result of whale sales. However, any major decline was aggressively bought up by other whales and small investors.

Large declines in Bitcoin have been bought up since early November. Source: TradingView.com

On 8 November, 10 November and 11 November, BTC recorded large declines. Bitcoin recovered significantly from each decline and returned to its previous support level within a few hours.

On chain data also very positive

Apart from the favourable technical structure of Bitcoin, the on-chain fundamental data also point to a general upward trend.

According to data from Glassnode, the number of active Bitcoin addresses reached a multi-year high. Elias Simos, Protocol Operations Manager of Bison Trails, commented

„Did you know that the number of active BTC addresses reached a multi-year high this week and is now at its highest level since January 2018? In the entire history of the Chain, it is only about 1.5 months since active addresses reached >1 million. What do you say to that?“

Daily active addresses are an important on-chain indicator for Bitcoin, as they could indicate two major trends

Number of active Bitcoin addresses. Source: Glassnode

First, retail investors may increasingly accumulate BTCs and transfer them into personal wallets. This suggests that they may want to hold the Bitcoins for a longer period of time.

Secondly, there may be an increase in over-the-counter transactions, particularly with whales and high net worth individuals.

The combination of these positive technical and fundamental trends increases the likelihood of a prolonged rally before the end of the year. As it is only six months since the halving, the chances of a more sustained upward trend are high.

Aave follows a descending resistance line.

There is support at $ 28.50, as well as resistance at $ 45 and $ 58.

The SNX broke a line of descending resistance

Aave (AAVE) price has started to rebound from a strong support area, but has yet to break above its descending resistance line.

The Bitcoin Up platform has already crossed its descending resistance line and has started to rise.

The AAve was down from its August 26 high at $ 90.89, passing a descending resistance line in passing.

On November 5, the price hit a low at $ 24.66 before starting to rise. This caused a deviation below the $ 28 support, which the price regained soon after.

That said, the price has not yet broken the descending resistance line. If it succeeds, the closest resistance areas will be found at $ 45 and $ 58

The tradeuse of cryptomonnaies @Altcoinsherpa shared a graph showing AAVE that the course is a support level. According to her, the price could start to rise soon. The price has already rebounded on the support zone and its trend would be confirmed by a passage above the resistance line.

Technical indicators show a growing bullish divergence in the RSI like the MACD. This tells us that an upward movement may soon take place.

That said, the RSI is below 50, the MACD is below zero and the Stochastic Oscillator has yet to generate a bullish cross. Until this changes, it cannot be said with certainty that the trend is upward.

A move above the resistance line would likely allow technical indicators to turn bullish.