Hello Steemians and DTubers!
That is me, @cryptospa. And this is my fifth video-analysis of bitcoin and the cryptocurrency market for @DTube.
In this video, I talked about the capacity drop of the Lightning Network by almost 30-35% for the last 2 days. As, I explained in my previous videos, in my view, the enlargement of LN is very important for the bitcoin system and hence for the price of bitcoin. If something goes wrong with the LN, then the price of bitcoin may fall again.
Also, in this video, I analyzed the BTCUSD charts on different timeframes from a technical and candlestick analysis point of view.
Please, let me know what you think about my video/analysis - just write comments.
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency trades, investments and etc.
#dtubedaily #bitcoin #cryptocurrency #trading #dtube #crypto #investing
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@banjo, do you know what the reason behind the Lightning Network capacity drop is?
2:03 where I am.
@banjo, I got it! Thank you buddy!
You're welcome. What is your favorite anime show or movie?
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@cryptospa, again very informative analysis.😉 😉Keep us updated about Lightning network stats and issues, if any.
Lightning Network's is a good way to reduce the transaction costs and time of Bitcoin network validation. It should be widely applied in the near future, I guess!
@yanipetkov, thank you! I will keep you updated about the LN. But, in case you find some useful information or explanation about the LN capacity drop, please, write a comment.
Ok, I will do all my best to follow up closely with LN and will share with you any gained info.
@yanipetkov, thank you!
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