Bitcoin, Gold, Silver Are Hot And Likely Get Hotter比特币，黄金，白银很受追捧，而且很可能会继续

Over-extended and shaky stock market, slumping US dollar, financial markets uncertainty, uncontrollable Covid-19 and increasing geopolitical risk are making investment alternatives such as Gold , Silver and Bitcoin attractive. Bitcoin has been consolidating between 8000 and 10200 since May this year, and it broke above the psychological 10000 and touched 10200 today (July 26). It is looking ready to break out of its 3 month range. If it breaks above 10200, it would confirm a bullish Head and Shoulder Bottom formation on the the chart. Technically, the next two upside target would be 12000 then 14000. Gold making 9 year high and approaching all time high 1923, 6 year high for Silver and Bitcoin ready to break out all are evidences of capital drawn to these investments. Bitcoin ETF GBTC is an alternative to participate in Bitcoin. The Gold and Silver monthly chart show that Silver is especially attractive since it has been falling behind and has a lot room to run in catching up with Gold.  GLD and SLV are ETFs for tracking Gold and Silver respectively. While GDX and SIL are ETFs fro tracking Gold and Silver mining companies respectively. Gold looks ready to challenge 2000. Silver may shoot for 30.

News for Bitcoin:

The price of Bitcoin (BTC) rose to as high as $10,272 on July 26 in an unexpected weekend rally. It liquidated $74 million worth of long contracts on BitMEX alone, catching many traders off guard.There appear to be two main reasons behind the abrupt upsurge of Bitcoin from $9,700 to over $10,200. They are the liquidation of over-leveraged shorts and traders taking profit from over-extended alternative cryptocurrencies (altcoins). The simultaneous rejections of major altcoins and the price surge of Bitcoin suggest that traders took profit from recent altcoin rallies. As traders moved their altcoin gains to Bitcoin, it possibly triggered a BTC uptrend, while altcoins declined.---Cointelegraph

Bitcoin fees are on the rise again, approaching levels last seen during the recovery from the March 2020 crypto crash, which was linked to the corresponding stock market decline. Transaction fees are tied to the level of activity on the Bitcoin network, so when lots of users are buying or selling, fees go up. The last time Bitcoin fees saw a serious spike was in May, when BTC prices rose from $7,900 to about $10,000 in a bit more than a month. On the heaviest day, May 20, it cost more than $6.60 on average to broadcast a Bitcoin transaction. It is now around $3. Bitcoin fees reached their highest level ever during the final days of 2018, when ICO mania was at its height and Bitcoin prices were pushing $20,000. At that time, average Bitcoin transaction fees peaked at a jaw-dropping $54 per transaction. ---Decrypt

As US banks get the green light to pursue digital asset goals and more favorable policies in place, Bitcoin price would soon reflect these positive changes. As banks offer more crypto products, the participation of investors and traders would also increase. The increasing crypto exposure would certainly boost the Bitcoin price. Charles Edwards of Capriole says that the next push may very well come from the traditional banks. Capriole’s digital asset manager says that Bitcoin price can double from current levels if conventional banks merely hold at least one percent of their assets in cryptocurrencies.---Cryptopolitan

股票市场过度上升和危险，美元暴跌，金融市场的不确定性，未可控制的Covid-19以及日益增加的地缘政治风险，使得诸如黄金，白银和比特币之类的投资选择具有吸引力。自今年5月以来，比特币一直在8000和1200之间盘整，今天（7月26日）突破了心理价位10000，并曾达到10200。看来它正准备突破3个月的交易区间。如果它突破10200，图表将确认看涨的头肩底形态。从技术上讲，下两个上升目标将是12000，然后是14000。黄金创造了9年高点，并接近历史最高点1923，白银达到了6年高点和准备爆发的比特币都是这些投资吸引了资金的明证。比特币ETF GBTC是参与比特币的另一种选择。黄金和白银的月度图表显示，白银具有特别的吸引力，因为它一直落后于黄金，并且在追赶黄金方面还有很大的上升空间。 GLD和SLV分别是用于追踪黄金和白银的ETF。 GDX和SIL是分别追踪黄金和白银矿业公司的ETF。黄金达到2000在望。白银有望上30.

比特币新闻：

在意外的周末反弹中，比特币（BTC）的价格在7月26日上涨至10,272美元。它仅在BitMEX上就清算了价值7400万美元的空头合约，使许多交易者措手不及。导致比特币突然从9700美元飙升至10200美元以上的两个主要原因是过度杠杆空头的清算及交易者从过度上升的另类加密货币（Altcoins)中获利了结而进入比特币。。--- Cointelegraph

比特币费用再次上涨，接近2020年3月加密货币崩盘复苏期间的最后水平，这与相应的股市下跌有关。交易费用与比特币网络上的活动水平相关，因此，当许多用户进行买卖时，费用会上升。上一次比特币收费出现严重飙升是在5月，当时BTC价格在一个多月的时间里从7,900美元升至约10,000美元。在最贵的一天（5月20日），比特币交易的平均费用超过6.60美元。现在大约是3美元。比特币费用在2018年最后几天达到了有史以来的最高水平，当时ICO狂潮达到顶峰，比特币价格被推升20,000美元。当时，平均比特币交易费最高达到每笔交易惊人的54美元。 ---Decrypt

随着美国银行为追求数字资产目标和更有利的政策开绿灯后，比特币价格将很快反映出这些积极变化。随着银行提供更多的加密产品，投资者和交易者的参与也将增加。越来越多的加密货参与肯定会提振比特币价格。卡普里奥莱（Capriole）的查尔斯·爱德华兹（Charles Edwards）表示，下一步的努力很可能来自传统银行。卡普里奥莱的数字资产经理说，如果传统银行仅将其资产的百分之一持有加密货币，那么比特币的价格可能会比目前水平高出一倍。--- Cryptopolitan