bitcoinhalvingn

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#bitcoinhalvingn

Did any go with crepto woodl!
#Ena #bitcoinhalvingn

🌟 Get Ready for Crypto History in the Making! 🌟

🚀 Mark your calendars for April 19, 2024 - the monumental 4th Bitcoin halving is on the horizon! 🚀

💥 Brace yourselves for this game-changing event that reshapes the landscape of digital currency. With each halving, Bitcoin becomes even scarcer, fueling excitement and opportunities for savvy investors. 💰

🔥 Join us on this exhilarating journey as we countdown to the halving and unlock new potentials in the world of crypto. Stay tuned for insights, strategies, and exclusive updates to navigate the halving with confidence! 📈💡
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#bitcoinhalvingn #bitcoin #InvestmentOpportunities #BinanceVibes

Bitcoin chart bull flag is a 'strong bullish setup'🤑

Bitcoin has formed a bullish bull flag pattern on the daily chart, hinting at potential upward momentum.

What does this mean? Well, historically, bull flags have been associated with strong upward movements in the price of assets, and Bitcoin is no exception. With declining volume indicating a pause before potentially skyrocketing towards $100,000, this could be an opportune moment for investors.

However, while the technical setup looks promising, Bitcoin might still need a significant catalyst to push it to new highs. Analysts suggest keeping an eye on the $65,000 price level, as a move above this could trigger a liquidation of over $500 million worth of leveraged short positions.

But what about potential dips? Some experts believe that Bitcoin could test support levels around $56,000 before making its next leg up. This could provide solid buying opportunities for investors looking to capitalize on the next rally.

Overall, while there are no guarantees in the world of crypto, the current chart pattern and market dynamics suggest that exciting times could be ahead for Bitcoin. Stay tuned for updates and trade smart!

#bitcoinhalvingn #Crypto2024 #BullishSignal #Investing #tradingdata 📈🚀

What does Bitcoin halving mean?
Title: Understanding Bitcoin Halving: A Brief Overview

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Bitcoin halving is a crucial event in the cryptocurrency world, impacting both miners and investors. Here’s a concise breakdown:

1. **Definition**: Bitcoin halving is a pre-programmed event that reduces the reward miners receive for validating transactions by half. This occurs approximately every four years or after every 210,000 blocks are mined.

2. **Purpose**: The primary goal of halving is to control the supply of Bitcoin. By reducing the rate at which new coins are created, it aims to prevent inflation and maintain scarcity, similar to precious metals like gold.

3. **Impact on Miners**: After a halving event, miners receive 50% fewer bitcoins for validating transactions. This can affect their profitability, especially if they haven’t accounted for the reduced rewards in their operational costs.

4. **Price Dynamics**: Historically, Bitcoin halving events have been associated with price increases. The anticipation of reduced supply often leads to heightened demand, driving up the price. However, this is not guaranteed, and market dynamics can vary.

5. **Long-Term Implications**: With each halving, the issuance rate of new bitcoins decreases, ultimately leading to a fixed supply of 21 million coins. This deflationary model contrasts with traditional fiat currencies, which are subject to inflationary pressures.

In conclusion, Bitcoin halving is a fundamental aspect of the cryptocurrency’s monetary policy, designed to ensure its scarcity and long-term value proposition. Understanding its implications is crucial for both miners and investors navigating the crypto landscape.
#write2earn🌐💹 #bitcoinhalvingn

IF YOU'RE WORRIED ABOUT $BTC PRICE ACTION, READ THIS:

🔻 BTC's Downtrend:

- Since topping at $74K in March, BTC has been on a downtrend.
- Alts are down 50%-80% from their Q1 highs.

📉 Historical BTC Price Action:

- 2016: BTC went sideways for 161 days after halving.
- 2020: BTC went sideways for 175 days after halving.
- 2024: BTC has been going sideways for 119 days so far.

But, there are bullish signs many aren't noticing! 👇

📈 BTC Supply is Shrinking:

- Since July, ETFs and accumulation addresses have bought 450,000 BTC.
- Bitcoin supply on exchanges is at its lowest level in 6 years.
- Bitcoin long-term holders' accumulation is at its highest level in 15 months.
- 45% of BTC supply hasn't moved in 6 months.
🚨 Upcoming Supply Crunch Indicators:
- MicroStrategy is buying $2B worth of BTC.
- Marathon is buying $300M worth of BTC.
- BlackRock and other financial institutions are continuously accumulating.
💡 What About Demand?
- Demand will pick up by Q4 with major events:
- FED rate cuts begin.
- Global QE starts, avoiding a global recession risk.
- Russia’s international trade with crypto begins.
- FASB rule implementation will allow $3T+ of corporate cash to be invested into BTC.

🚀 All these factors could lead to a parabolic run for BTC!

I gathered this information to guide you. Your vote means a lot!

#LowestCPI2021 #bitcoinhalvingn
#Write2Earn!

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. 

📊 Bitcoin: important resistances to cross!

🔍 Thanks to a buying reaction below $50,000, Bitcoin managed to return above $60,000.

👀 Be careful though: Axel Adler, a recognized analyst from the CryptoQuant site, reports that the price has significant resistance on its path with:

↪️ the average purchase price of short-term holders (STH) at $64,000
↪️ the 111-day moving average at $64,000
↪️ the 200-day moving average at around $62,000

👉 And so, the price could be rejected on the various resistances, and in this case, there is significant support around $49,000 with the presence of the 365-day moving average!

PS: If you like this kind of technical analysis, let me know by leaving reactions below ⤵️
#BTC☀ #bitcoinhalvingn
$BTC

🚨 Bitcoin is launched for an exceptional end of the year!

Finally, the month of October will have been very bullish:

➡️ increase of almost 11%
➡️ best monthly performance since May
➡️ monthly closing > $70,000, the best closing since March

In addition, the month of November is rather bullish:

🔜 7 positive months out of 11
🔜 more than 40% on average and a median of 7%

🔍 Ethereum, on the other hand, often performs poorly at the end of the year. But it is particularly so at the beginning of the year! So BTC could show the way, and then ETH could follow.

#bitcoinhalvingn #Bitcoin❗ #BTC🔥🔥🔥🔥🔥 #btc70k #BTC☀ $BTC $ETH

💸 Here are Bitcoin predictions from several financial giants.

#Bitcoin❗ #bitcoinhalvingn #MarketDownturn #Binance $BTC

Hold off on the FOMO! Bitcoin might hit $67,000, but a correction could follow, bringing it to $45,000-$50,000. Real talk:
- $BTC usually needs a dip before breaking $70,000.
- Anticipate consolidation between $60,000 and $70,000.
- Then, a move towards $50,000 is on the cards.
Patience is key! Watch for market sentiment. Whales aren't biting at this price; they'll likely wait for a dip.
Historically, no sudden drops or ATH jumps post-halving. Whales prefer a comfy buying zone during downturns, possibly sooner this time.
Let's wait and watch! Not financial advice. Always DYOR before investing.
#BTC🔥🔥🔥🔥🔥🔥 #bitcoinhalvingn $SOL #BTC

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#bitcoinhalvingn

**A Glimpse into Bitcoin's Halving Legacy:**

Discover the intriguing pattern that Bitcoin halvings have historically followed and what might be on the horizon for 2024:

1. **2012 Halving:** The bull run commenced 58 days post-halving.
2. **2016 Halving:** The bull run ignited 280 days after the event.
3. **2020 Halving:** Momentum built up 171 days following the halving.

Now, as we approach the **2024 Halving on April 19th**, the anticipation builds. Predictions suggest a price range between $48K and $105K within 1 to 8 months post-halving.

Stay tuned as we explore this pivotal event that could reshape the landscape of the crypto market once again. Will history repeat itself? Join us on this thrilling ride. #bitcoinhalvingn ing2024
#CryptoForescast cast #investmentopportunities

If you want to become a millionaire in crypto and stay a millionaire, just follow these 2 rules.

Follow
1) Never do leverage trading, Control your greed to become rich overnight.

2) Never forget rule no. 1

In yesterday's dump even 3x longs got liquidated which are considered safe.

#BinanceLaunchPool🔥 #cpi #bitcoinhalvingn

After purchasing a coin that decreased in value, you're left with $55. Now, you're seeking advice on identifying coins poised for an upward trajectory before they surge. Upon opening your app, you noticed a coin that has already risen by 95%, indicating it's not an opportune time to buy. You're eager to learn strategies for identifying potential winners before they experience significant gains. #bitcoinhalvingn #BinanceLaunchpool

Follow the general path while trading
If it goes up, trade up and buy from the correction
If it goes down, it will be short and sell from the correction
Your commitment to setting a goal and placing a stop protects you from high risks
#bitcoinhalvingn #bitcoinhalvingn #Binance

🎉🎉Bitcoin's Halving to see altcoin's prices up

As $BTC price dipped in the last few days, altcoin prices followed suit, reflecting broader market risk aversion.

However, with Bitcoin's recent recovery, altcoins are starting to climb again. This trend is likely to be amplified by the upcoming Bitcoin halving in just 4 days, which
historically has led to capital flowing into altcoins after the initial
Bitcoin surge.

$SOL had dipped to $123.13 an all time low on the month of April when bitcoin was at $61,593.27.

Further rise in Bitcoin's price will pull altcoin prices up with it, in a positive ripple effect. This is because investor confidence in the crypto market as a whole increases, leading them to seek out additional opportunities in altcoins.

Following the trend prices of altcoins are expected to rise as follows:

$BTC : $120-150k by June 2024 !
$BNB : $640-670 by 1st June 2024
$SOL : $225-250 by 1st June 2024
$SAGA : $11-18 by 1st June 2024
$WLD : $22-27 by 1st June 2024

With the upcoming Bitcoin halving in just a few days, this trend of altcoins benefiting from Bitcoin's rise could be even more pronounced.

Follow for more!

dyor!

#bitcoinhalvingn #BitcoinAwareness #Altcoinseason2024 #Solana’ #Prediction

few reasons why #bitcoin WILL go up after the halving. Not instantly, but it will.

The bullrun is far from being done.
Right now, it costs about $40,000 USD to mine 1 single $BTC
The bitcoin halving will cut the rewards by half, which means that it will cost $80,000 to mine 1 bitcoin.

So, alot of miners will leave. There’s no point mining bitcoin if it’s not profitable.. right?
Well, once 50-60% of miners leave, everything will rebalance. The people that keeps mining bitcoin will hold until at least $80k minimum, to make sure they’re profitable.
But usually, the price goes higher than what it costs to mine 1 btc.
In example, right now it cost $40k to mine 1 bitcoin and the price went as high as $73k a few weeks ago.
So, in theory, if history repeats itself, we should see a $130k to $150k bitcoin this bullrun.
This is purely based on fundamentals, not hope.
I hope this helps.
do your research before investing.

#bitcoinhalvingn $BTC
#write2earn🌐💹
#write2earn🌐

#bitcoinhalvingn     $BTC $ETH $BNB Is Just 5 Days Away!
 
But there's one more halving that very few people talk about.
 
It happens every time before Bitcoin Halving 
 
It happened in 2016, 2020, and just recently too. 
 
It's Altcoin halving, where altcoin prices drop in half.
 
Yesterday was an Altcoin Halving day for many alts.
 
If you learned something new, hit like and repost 🙂

BTC HALVING IS COMING!!!🔥🔥🔥

Trading Psychology

Select appropriate technical analysis and trading markets that align with your preferences, and dedicate efforts to excel in these areas. In the face of trading challenges, persistence is crucial. When you are uncertain about how to proceed, remain composed and methodically develop a strategy that suits your trading style.

BTC Market Analysis

Bitcoin experienced a notable rebound yesterday, surpassing the $64,000 mark, though it failed to maintain stability and subsequently retracted. This morning, the price plummeted sharply to approximately $59,620, before making a swift recovery, now hovering around $61,680. With the halving event less than 24 hours away, the market is expected to reach a low point and potentially surge. Stability above $64,000 in the short term would likely lead to a more stable market environment. Currently, the primary support levels are found between $60,000 and $59,000, with resistance levels set between $64,000 and $65,000.

ETH Market Analysis

Yesterday, Ethereum's price ascended to $3,093 but was met with resistance, leading to subsequent fluctuations. It is currently trading around $3,000. The four-hour chart illustrates a weakening bullish momentum, pressured by the 7-day and 14-day moving averages, suggesting a potential need for a short-term decline. Daily chart analysis indicates that the market is oscillating within a tight range, with less than 200-point movements. Should prices drop below recent lows, attention should be given to the support area around $2,650. Traders are advised to incrementally purchase and hold for potential gains, with resistance levels positioned between $3,100 and $3,200, and support between $2,950 and $2,850.

#bitcoinhalving #BullorBear #BTC🔥🔥🔥🔥🔥🔥 #ETH🔥🔥🔥 #bitcoinhalvingn