Ivan says $50,100 is the fib level for Bitcoin and the more times it knocks on the resistance level the better are the chances it snaps to the upside in a very big move.
Ethereum is not doing too much right now and it is consolidating in anticipation for Bitcoin’s next move (04:36), Ivan added Ethereum is the best and most important network fundamentally with DeFi participation, DApps and other activities on the blockchain.
The Altcoin segment covered some projects shared earlier by Ivan in his previous videos: Polkastarter (10:24), up about 6x from call. POLS is performing well because you can easily put the token to use by participating in IDOs of amazing projects launching on the protocol. Origin Trail (12:00), staking for Starfleet chain launching soon and the protocol is set to be tested on xDai. Kusama (13:00), an experimental blockchain platform similar to Polkadot, is designed to provide a massively interoperable and scalable framework for developers. Projects that can’t afford to be on Polkadot parachain are moving to Kusama. Cosmos (14:43) ecosystem -currently small- could expand soon. Trustswap (16:34) is getting SOTA NFT, a multi-chain NFT marketplace live and active on Binance Smart Chain and coming to TrustSwap launchpad on February 18th.
Other coins discussed were Yield App (20:02) up 100% last 3 days, SnowSwap (21:17) new partnership with Asian company Moonwhale, CyberFi (21:51), Benchmark Protocol (23:20) 10x over the past 30 days.
This episode premiered on February 16th, 2021.