When Precious Metals Run Out of Steam…
Bitcoin’s ByteTrend Score is back to a 2. It is positive that the price is trying to stabilise and has not breached the April low.
Bitcoin’s ByteTrend Score is back to a 2. It is positive that the price is trying to stabilise and has not breached the April low.
Bitcoin’s ByteTrend Score drops to 0., which means the trend is now bearish. The $100k level has been broken, and a bear market fits the four-year cycle thesis.
This has been the most disappointing October since the bear market of 2014, which saw a 12% drop. The uptrend is under threat.
This token takeaway takes a closer look at Aave’s ecosystem, its unique positioning as a decentralised alternative to traditional finance, and the role of its native token, AAVE.
ByteFolio Issue 168; 💡This issue covers Aave (AAVE), Ripple (XRP) Bitcoin retains a ByteTrend Score of 5 but didn’t
💡This issue covers Ripple (XRP), Tokenization, Aave (AAVE), and Tron (TRX). ByteFolio Issue 166; Bitcoin has quietly returned to a