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❤️❤️ Bitcoin Halving is on the door❤️❤️ Bitcoin Halving Expected April 16-20: Potential Impact on Issuance Rate The upcoming Bitcoin halving, projected to take place between April 16-20, is set to decrease the total amount of Bitcoin issued per day from approximately 900 Bitcoin to around 450 Bitcoin. This reduction will significantly lower the annual issuance rate from 1.8% to 0.9%. However, Coinbase has suggested that this halving cycle may differ from previous ones due to consistent daily net inflows into US spot Bitcoin ETFs. These inflows are seen as a substantial tailwind for the asset class, potentially influencing market dynamics amidst the halving event $BTC $BNB $ETH #HotTrends #BitcoinHalvingMagic #HalvingHorizons #BTC #TradeNTell

❤️❤️ Bitcoin Halving is on the door❤️❤️

Bitcoin Halving Expected April 16-20: Potential Impact on Issuance Rate

The upcoming Bitcoin halving, projected to take place between April 16-20, is set to decrease the total amount of Bitcoin issued per day from approximately 900 Bitcoin to around 450 Bitcoin.

This reduction will significantly lower the annual issuance rate from 1.8% to 0.9%.

However, Coinbase has suggested that this halving cycle may differ from previous ones due to consistent daily net inflows into US spot Bitcoin ETFs.

These inflows are seen as a substantial tailwind for the asset class, potentially influencing market dynamics amidst the halving event

$BTC $BNB $ETH

#HotTrends #BitcoinHalvingMagic #HalvingHorizons #BTC #TradeNTell

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ETH Analysis: April 11, 2024 (1D) Current Price: ETH/USDT is currently trading at 3,511 USDT, hovering near the upper Bollinger Band (BBands), which suggests potential overbought conditions. Volatility: Average volatility sits at 5.93%, indicating a somewhat volatile market. Technical Indicators: Mixed Momentum: The Relative Strength Index (RSI) and Money Flow Index (MFI) are around neutral levels (51.56 and 42.48, respectively), while the Commodity Channel Index (CCI) at 23.47 suggests a mild bullish bias. The Momentum Oscillator (MOM) is negative, indicating a bearish trend, but the MACD crossover and Parabolic SAR suggest a bullish potential. Trading Strength: The Average True Range (ATR) of 199.71 USDT reflects some recent price swings. The price trading above the 50-day Simple Moving Average (SMA) is a positive sign, and the strong bullish trend signaled by the ADX indicator is encouraging. Turning Point?: The TD Sequential reaching 5 on the upside suggests a potential trend reversal, but confirmation is needed. Overall: Despite some mixed signals, the technical indicators lean slightly bullish. The price nearing the upper Bollinger Band and the negative MOM caution for possible overbought conditions or a pullback. However, the MACD crossover, strong ADX, and Parabolic SAR suggest potential for continued upside. Monitoring price movements and confirmation from the TD Sequential will be crucial for further direction $BTC $ETH $BNB #BullorBear #BullorBear #Memecoins #BinanceLaunchpool #HotTrends
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