Top Analyst Issues Significant Bitcoin Alert, Causing Stir Among Crypto Investors
Concerns Over Bitcoin's Security: Researcher Justin Bons warns that Bitcoin's halving cycle could destabilize the network within a decade, leading to fears of vulnerability to 51% attacks due to a shrinking security budget.
Governance Issues: Bons highlights the rigidity of Bitcoin's governance, which resists major changes. This could lead to risks such as chain splits or inflationary measures if future crises arise.
Quantum Computing Threat: The potential rise of quantum computing poses a risk to Bitcoin's cryptographic protections, with differing opinions on when this threat may become critical, ranging from five to over twenty years.
Investors Seeking Alternatives: As concerns about Bitcoin grow, investors are exploring new opportunities like MAGACOIN FINANCE, which is seen as a promising alternative with high return potential and a fully audited system.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR) As of , Major (MAJOR) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 0 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0609 | 0.0686 | 0.0774 | 0.0851 | 0.0939 | 0.102 | 0.11 |
| Fibonacci | 0.0686 | 0.0749 | 0.0788 | 0.0851 | 0.0915 | 0.0954 | 0.102 |
About MAJOR
About the author
