The deputy governor of the #Bank of #Canada recommended that the authority needs to regulate the #crypto industry before it get too big.

#Cryptocurrency is getting popular day by day and its inevitable 💪💪

What is P2P Trading ?

#P2P (Peer-to-Peer) trading in cryptocurrency refers to a #decentralized way of buying and selling digital assets directly between individuals without the need for an intermediary such as a #centralized exchange.

In P2P trading, buyers and sellers interact directly with each other, negotiating the terms of the #trade and agreeing on the price and #payment method. The transaction is facilitated through a peer-to-peer marketplace or platform, where users can post their #buy or #sell orders and connect with other users looking to buy or sell the same #cryptocurrency.

One of the main benefits of P2P trading is the increased level of #privacy and #security it offers compared to centralized exchanges. With P2P trading, users maintain control over their #funds throughout the entire transaction, reducing the #risk of funds being lost or stolen. Additionally, P2P trading allows for greater flexibility in terms of payment methods, as users can agree on a wide variety of payment options, including #bank transfers, cash deposits, and even in-person cash transactions.

However, P2P trading does come with some risks. Since there is no intermediary involved, there is a greater potential for fraud or #scams. It is important to exercise caution when trading on P2P platforms and to carefully vet the reputation and history of any potential trading partner before engaging in a transaction.

Here's the Analysis of #BANK :

#BANK gone it new ATL, rallied up after the resistance trendline break. Price rejected form a key resistance area of $0.047 - $0.048 and reaching the support area now around $0.040 - 0.041. Buys don't seems favorable and can give an easily break below of the zone, so take short if possible.

Here is the analysis of #BANK:

#BANK had a sharp move up, clearly driven by liquidity from old highs, and is now on the verge of printing a new lower low. Taking shorts will be really good, with an anticipated 10% to 20% move lower.

Here's the analysis of #BANK:

#BANK has entered a strong consolidation and continued to hold the strong support area around $0.0345 - $0.0361. The market is mixed at the moment, so if the price makes a healthy break and closes below, we can consider shorts.

#BANK dropped as we predicted and moved around 30% in profits. Now it is back again near the major resistance part. If the H4 candle closes above $0.0351, then early longs can be anticipated until the next area of major resistance at $0.0425.