After a dip prior to Chinese New Year, Bitcoin is back on the road again. We are seeing rising prices and a positive market. Ironically, besides technical indicators, it is mainly the Corona virus that seems to be playing to the coin doing well. We put the details in a list.
Bitcoin beneﬁts from the Corona virus
It’s always crude, but in times of global
tension, Bitcoin beneﬁts. We see the same effects around the outbreak of the
Corona virus. Because many people in China choose to stay indoors, the Chinese
New Year is celebrated less exuberantly than usual. As a result, fewer people
have had to sell their crypto coins for New Year’s gifts. Other factors also
indicated that the impact of Chinese New Year would be less than in other
In addition, the situation surrounding the Corona virus in China is still
unclear. Since the crypto market in China is large and public life (and thus
the use of ﬁat money) has come to a halt, Bitcoin seems to be gaining in
Technical indicators are also positive
The recovery of prices also has a positive effect on the technical indicators. For example, the unknown Bitcoin Guppy indicator is green for the ﬁrst time in 300 days. The last time this happened, on April 9 last year, a rally followed. Also before that, in 2018 there was a strong price increase. Of course, crypto trading isn’t for guppies, so luckily there are more indicators, like the Puell multiple, that conﬁrm the positive sentiment. The more advanced ‘Mayer Multiple’ is also bullish.
What does this mean for the Bitcoin price?
So it seems that the Bitcoin is preparing for the next rally with rising prices as a result. Not everyone is completely happy with that. For example, Bitcoin legend Gavin Andresen wonders whether Satoshi Nakamoto has not misjudged the price effect.
Nice to have or to give: a “real” UNB coin. On this site we write a lot about the new developments of United Bull Traders. Hence, when we go online, we will also have the physical UNB Coin. This UNB Coin has the same value as the value on the exchange. But you can’t really pay with it. The UNB coin is – just like any other cryptocurrency – a digital currency. After all, the value of a unit is determined by the supply and demand for and from a digital currency and the total number of units available within the relevant blockchain. this means that there are no physical coins that can be used as cryptocurrency. Of course it is nice to have a “real” UNB Coin, as a collector’s item. This is especially true when the value of the UNB coin rises extremely. Although a physical crypto coin with a private key is therefore not practical, we at United Bull Traders still ﬁnd it a very nice to have a “real” UNB coin because of our enthusiasm for cryptocurrency. With this coin in your wallet you can say that you own one or more UNB coins. Nice to have but also to give as a gift! If you would also like to have or give such a “real” UNB coin, you can order it via the contact form on this site.
It’s that time again, there is mass hysteria. There is actually panic. Women in India ﬁght each other out of the store to hoard toilet paper, mouth masks can no longer be obtained and are sold at extortionate prices and KLM sees the price of its shares plummet to an all-time low.
Yes, of course we are talking about the coronavirus, the buzzword of 2020. It is of course a serious virus and the extent to which the number of victims or infected is increasing seems to spread like an oil slick around the world. Today, the death toll stands at several thousand people. That is of course terrible, especially when it concerns someone you know. Calculated fully, about 78 people die every day. And that causes panic. A lot of panic.
At the same time, more than 5,000 people die of hunger every day. Since 5,000 people have been starving every day for a hundred years, that is no longer exciting news and the whole world is holding its breath for the corona virus. Why is that? Why is the coronavirus so busy and what is the context between coronavirus and Bitcoin?
The ﬁnancial world is currently shaking to its foundations and there is a run on gold. Coolblue increases its prices and can deliver less quickly. The Chinese economy is under considerable pressure and tourism is declining enormously. But what exactly is the effect? How is corona and the Bitcoin rate doing? And what do we know today about corona?
Whether you’re in the ofﬁce or at home quarantine, it’s time for an in-depth analysis of the most current trend of the moment: #coronavirus # COVID-19.
Our motto is “Trade like a pro, even if you are a beginner”. We oﬀer everyone the opportunity to invest in cryptocurrency, with or without experience. Together with our professionals, we look at the possibilities to make your assets grow. In the promotional movie it quickly becomes clear what United Bull Traders stand for. It is a very engaging video that leaves nothing to chance. Finally the time has come. The hard work has been rewarded. United Bull Traders is actually online. What we have been looking forward to, together has now become reality. In addition to that, the website is 99% ready and people can view our products. Gerard Haisma is proud when he is explaining the website. With the team in the Netherlands and India, we have succeeded in building a high-quality website and platform. This really meets the highest safety requirements. For weeks we tested and made changes to meet all of the safety requirements. “The platform has been integrated in the website and members can easily register here and create a login. Everything you want to know about your own account can be found on the platform. Uniﬁed Bull Traders is a new Cryptocurrency platform with its own wallet. On the site you can read the latest news items and follow the prices of important coins on the platform. And of course the most important is the value of the UNB Coin. This started with a value of $ 0.30. As one of the ﬁrst in crypto land, United Bull Traders also has its physical UNB currency. In a market that will change dramatically in the coming years, United Bull Traders also oﬀers multiple forms of products so that people can invest in the UNB coin in diﬀerent ways.
After a very impressive increase in Bitcoin (BTC) towards the $ 10,000 at the start of this year, we are seeing strong reactions around this level. With a lot of volume and large orders, bears are starting to defend the $ 10,000. Because of this, it seems that for the optimistic bulls, there is no longer an easy road to the top. After a lot of resistance and rejection, the price seems to hold up reasonably well at around $ 9,600. An important support as resistance. If this does not last, it does not seem impossible that the price will again fall below $ 9,000. Since reaching $ 10,000 at the start of this month, the rate makes it diﬃcult with breaking a major resistance around $ 10,500. After testing this resistance several times, the price had a big blow. With the fall of $ 1,000 within a candle towards $ 9,000, the $ 10,000 break seems to be further away. Although the price seems to be holding up strongly at the moment, just below a major resistance of $ 9,600. Breaking this can again cause a push upwards. Looking at the Bitcoin daily chart, we see the strong reaction to not breaking $ 10,500, with a eventually small recovery. Looking back, we see that this level around $ 9,600 in November 2019 was a very strong but also a diﬃcult point for the rate. This resistance did not break back then and caused a major setback and fall towards $ 6,000. It is a very important level in the short term for the course. Source: BITCOIN magazine NL
Mid January 2020, the recordings were made for the ﬁrst company presentation of United Bull Traders. These recordings were made at Kerckebosch Castle. Gerard Haisma brand director Europe recorded the presentation in Dutch and in English. “It is important that people understand the explanation well and that is why we have chosen to include an English version in addition to the Dutch presentation.” This according to Gerard Haisma. Because the registrations as a VIP Member of the United Bull Traders were going incredibly quickly, it was decided to include this video presentation in addition to the usual webinars.”People can view this presentation at any time when it suits them on their tablet or phone. That’s also the time we live in. And so we will record multiple video presentations in the future and provide our members with new information. ” As Gerard Haisma explains. Soon there will be a number of new presentation videos in which Gerard Haisma explains the fantastic product of United Bull Traders.
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