Market News

Bitcoin's Cost of Production Decreased, and These Are the Keys to Understanding Its Impact

The production cost of Bitcoin has dropped to $59,069, according to Iván Paz, CEO of Trading Different. This decline is due to advancements in mining technology, particularly new Antminer equipment, which improves efficiency and reduces energy consumption. Despite lower production costs, Bitcoin’s network power remains at record highs, showing continued mining interest. These developments enhance miners’ profitability and reinforce Bitcoin’s role as a technological innovator in digital assets.

Paz Chain: "Bitcoin Doesn't Need U.S. Regulation"

Iván Paz Chain, CEO of Trading Different, stated that Bitcoin does not rely on U.S. regulation to thrive. While regulation may boost institutional investor confidence, Bitcoin's recent price surge above $90,000 is due to increased adoption as a currency and store of value. Paz did not predict whether it would reach $100,000 by year-end but will monitor how miners and ETFs handle profit-taking and liquidity generation.

We could see a correction in the price of BTC after short positions are liquidated

Iván Paz, CEO of Trading Different, analyzed the recent behavior of Bitcoin's price, which is currently near $85,000. Paz noted that after the halving, the floating supply of Bitcoin began to be absorbed, and although the price had started to reach new highs following the U.S. elections, there is a liquidation of short positions in the market. He suggested that as these positions are liquidated, a correction in BTC's price is likely, which could present buying opportunities for investors. Additionally, he emphasized the difficulty of establishing a maximum price for this bullish cycle, suggesting that it will be crucial to monitor the behavior of major miners and ETFs.

After this volatility, the price of bitcoin will resume its organic course

Iván Paz Chain, CEO of Trading Different, shared his insights on trading and the Bitcoin market in an interview at LABITCONF in Buenos Aires. He emphasized the importance of studying Bitcoin before investing and mentioned that trading is not for everyone; traders need to be disciplined and conduct in-depth analysis. Paz explained that much of the market manipulation comes from "whales" and large operators seeking liquidity. Regarding projections, he anticipates Bitcoin's value could exceed $140,000 but warned about the need to watch for selling pressure that could arise.

Can Bitcoin Overtake Gold in Market Cap?

There are numerous arguments to assume that Bitcoin has the potential to surpass gold in market capitalization. According to the CEO and founder of the Trading Different platform, Ivan Paz, there are two fundamental elements that must be evaluated to draw an objective conclusion. The first of these is the supply and the second is the issuance rate.

The 80% of Bitcoin's price is manipulated by bots

Trading Different CEO Iván Paz has shared a shocking revelation in his latest Twitter thread, where he addresses the hidden dynamics of the Bitcoin market. According to Ivan, 80% of the time, the price of Bitcoin is moved not by humans, but by powerful high-frequency bots operated by what he calls "Strong Hands."

The 80% of Bitcoin's price is moved by "Strong Hands"

The big question about who moves the price of Bitcoin has always raised questions within the ecosystem. Many think it's the traders; however, it's the high-frequency bots of the "Strong Hands" who move the price 80% of the time, as indicated by Iván Paz Chain, analyst, CEO & Founder of Trading Different.

Exploring Bitcoin trading tools with Iván Paz, CEO of Trading Different

Don't miss this exclusive interview with Ivan Paz, CEO of Trading Different! In this episode, we deeply explore the fascinating world of Bitcoin and the most advanced trading strategies.

ETF funds have accumulated more than 813,000 Bitcoin

In just two months since their launch, Bitcoin spot ETFs have absorbed all the supply available on the market. The world's largest funds, such as Blackrock, Fidelity, Vaneck and Franklin Templeton, have revolutionized the world of finance, making regulated and Bitcoin-backed stocks available. These ETFs are a necessary and very attractive instrument for large investors, banks and pension funds.

Knowing the mining business helps project the price of BTC, says analyst

"To be able to project the price in 2024, it will be key to base it on the production cost. Starting with the new halving, we will see an update of the cost of producing 1 bitcoin, and consequently we will have a clearer picture of the new profit-taking areas of the miners. When the price enters the Bullish stage we will begin to accurately visualize the profit-taking zones for this bullish cycle, this will help us replicate the operations of the largest operators within the crypto market", Paz mentioned.

CEO of Trading Different: "Argentina will enter an accelerated economic recovery cycle"

On November 19, Javier Milei became the new elected president of Argentina. With this new presidential change, the South American country will face a possible significant change in the economic outlook. Cointelegraph en Español spoke with Iván Paz, CEO of Trading Different, who shared his perspective on this possible economic change and the fundamental role that cryptocurrencies are going to have, especially Bitcoin.

The recent rise in the price of Bitcoin represents a relief for miners

According to Iván Paz, the miners have been without the possibility of seeing significant profits in their activity for many months. A few hours ago, however, the price of Bitcoin reached $38,000, and this meant great relief for mining companies.

The recent rise in the price of Bitcoin represents a relief for miners

The last time they had been able to take significant profits from mined BTC was on September 12 of last year. We knew this, and we were looking forward to a strong upward movement, which would give them a break.

The Bullish Project: What are Liquidation Pools?

In this episode, Iván Paz, CEO and founder of Trading Different, talked about his platform, the beginnings and how the tool he developed can combat high-frequency bots that manage large capital and manipulate the market price.

As we approach the halving, the price of Bitcoin remains without seeking new highs or lows

What does the price do during these lateralizations? According to the CEO of Trading Different, the price seeks market liquidity, repeating the liquidation cycles over and over again. "Through these cycles, money flows from weak hands to strong hands, it flows from retail operators to institutional funds"

According to the CEO of Trading Different, the ETH price is building enough liquidity for a breakout

The price of Ethereum has been in the range of USD 1,880 for days, accompanying the lateralization of bitcoin. The cryptocurrencies with the highest capitalization in the market are waiting for the reaction of their older brother.

According to the CEO of Trading Different, there is still not enough liquidity for the Bitcoin price to break higher

As time goes by, the upper zone fills up more and more with liquidity, forming a block of Pools from 31,000 to 31,800 USD. There is still not enough accumulated liquidity for the BTC price to break upwards, but as the days go by and the Bitcoin price remains in range, it will increase and these Pools will be the vehicle to seek new highs.

According to the CEO of Trading Different, the Bitcoin price crash has a high mathematical probability of continuing

After having a start to the year with a strong recovery in the price of Bitcoin, exceeding USD 30,000, the market began to capitalize on the gains and generate resistance zones where the offer began to appear.

According to the CEO of Trading Different, the price of ETH could have a rebound

At this time, while the crypto market awaits the important announcements by the FED that will be made in the second week of March, the price is sideways but remains volatile. It is the typical volatility that characterizes cryptos due to their lack of regulation and, consequently, manipulation.

According to one analyst, the $23,650 level is an "interesting zone" for the Bitcoin price.

This area is important to take into account, since all chartists are considering a bullish pennant, and as we already know, manipulation will try to prevent the retailer from winning. Therefore, by visualizing that probability, we could see a long sell-off first.

In the wake of Bitcoin's recovery, Cardano has been one of the top altcoins to rise in value

Cardano has seen an increase of more than 60% so far. Although the Cardano price is showing resistance to continue rising at USD 0.39, after such a rise we could expect a correction, which would be normal and healthy for the market.

Analyst claims the only way Bitcoin will hit new lows is with the rise of a new black swan

Paz told us that at this point in the bear market, we may have seen the full Deep, additionally there is not enough floating supply to generate new lows in the market, and that the patterns we see with the liquidation pools are beginning to be bullish in the medium term.

An indicator successfully predicted Bitcoin's fall to $15,000 and its subsequent bounce

In a market analysis, we had explained the reason for the price to drop to the USD 15,200 area with a probability of 70%.

Why is there talk of a possible new low for the price of Bitcoin?

Surely you have seen many market analysts assure that Bitcoin has not yet bottomed out, projecting new lows in the areas of USD 12,000, USD 10,000 and up to USD 6,000. But what are the foundations behind these analyses?

What could push the Bitcoin price to $22,000?

The main cause of being able to see Bitcoin falling back to USD 22,000 is linked to the activation of high-frequency bots that began to trade lower.

What does the price of Bitcoin expect to reach USD 25,000?

The technical recession announced by the United States, the main indices of the traditional markets falling and the prelude to an energy crisis in Europe, are not the only reasons why investors stay away from making large capital injections into the crypto market. .

There is a mathematical and visual demonstration of what is happening with the price of Bitcoin

Bitcoin is trading near $21,700 and seems to be looking for a consolidation level to sideline after the bear cycle. But what happens in a sideways market? How do you trade a market when it doesn't have a clear trend?

Why is the price of Bitcoin falling below $24,000?

The Bitcoin price has been showing a very strong correlation with traditional financial markets. Higher-than-expected inflation in the United States and strong rumors of a continuation of a financial recession have generated panic in the markets.

Why are we seeing a recovery in the price of Bitcoin?

After quite a hectic few weeks for Bitcoin, the price of BTC reached the expected levels, before beginning to determine a new trading range.

Can you earn by trading?

Check episode #118 that had Iván Paz from Trading Different as a guest, where he talked about Liquidation Pools, robotic trading and high frequency.

Where can you expect a pause in this Bitcoin price crash?

The Bitcoin price continues to pull back and seems to have no support. How far will it go? The engineer Iván Paz, CEO of Trading Different, shared with Cointelegraph en Español an analysis regarding the price of Bitcoin at the moment.

Trading Different CEO: "Technical analysis is one of the biggest lies in trading"

What is trading? Why are so many people now engaged in cryptocurrency trading? Is it like gambling? To answer these and other questions, we spoke with the CEO of Trading Different, Iván Paz.

According to the CEO of Trading Different, this Bitcoin price recovery should not be trusted

The engineer Iván Paz, CEO of Trading Different, shared with Cointelegraph en Español an analysis regarding the price of Bitcoin. Among others, he stated that this recovery in the price of Bitcoin should not be trusted.

Why is the price of Bitcoin falling?

The price of Bitcoin has gone down in recent days. Engineer Iván Paz, CEO of Trading Different, shared an analysis in this regard with Cointelegraph en Español.

The price of Bitcoin passed USD 47,000 and is close to USD 48,000

The Bitcoin price continues to give rise to talk in recent days, especially with the rise last weekend. Engineer Iván Paz, CEO of Trading Different, shared an analysis in this regard with Cointelegraph en Español.

Why the price of Bitcoin could fall to 30,000 thousand dollars?

The Bitcoin price continues to give rise to talk in recent days. Some wonder if the price of BTC could go as low as $30,000. Engineer Iván Paz, CEO of Trading Different, shared an analysis in this regard with Cointelegraph en Español.