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🔥 Bitcoin Halving is in just a few days Bitcoin mining cost history: $590 until 2016 $6800 until 2020 Currently it is ~$50,000. The cost of mining will double after Halving in 2024... the price must too for mining to remain profitable. $BTC #etf #BTC #Halving

🔥 Bitcoin Halving is in just a few days

Bitcoin mining cost history:

$590 until 2016

$6800 until 2020

Currently it is ~$50,000.

The cost of mining will double after Halving in 2024... the price must too for mining to remain profitable.

$BTC #etf #BTC #Halving

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🔴 What's Happening in the Market? After BTC fell 5% lower $60 thousand, it is consolidating about $57 thousand. Overall drop, starting from the historical maximum, is 22%, which is the biggest correction since the summer of 2023. 🇺🇸 Yesterday's comments Powell were positive, because he doesn't expect further increase in rates, however, growth risks inflation remains as at least until May 15th. ⚠️ More than $770 million was liquidated in 72 hours, creating severe pressure on the price of BTC and other coins. 📉 BlackRock ETF Sees First Capital Outflow May 1 amounted to $36.9 million, while the overall figure for ETFs recorded the largest capital outflow in history - $563 million. $BTC $ETH #BTC #ETH
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Coin : WLD / USDT - LONG SIGNAL 📈 Time Interval: 1h 🕗 Price : 4.636 ------------- Based on the technical indicators, I recommend buying WLDUSDT. The price is currently above the SMAs and EMAs, indicating a bullish trend. The RSI is in a neutral zone, showing potential for further upside movement. 🟢 Take Profit: 4.900 🔴 Stop Loss: 4.450 $WLD #WLD #Worldcoin
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🦊 𝗧𝗵𝗲 𝗕𝘂𝗹𝗹𝗶𝘀𝗵 𝗮𝗻𝗱 𝗕𝗲𝗮𝗿𝗶𝘀𝗵 𝗖𝗮𝘀𝗲 𝗳𝗼𝗿 𝗦𝗵𝗶𝗯𝗮 𝗜𝗻𝘂 (𝗦𝗛𝗜𝗕) 𝗣𝗿𝗶𝗰𝗲 𝙎𝙝𝙞𝙗𝙖 𝙄𝙣𝙪 (𝙎𝙃𝙄𝘽) 𝙨𝙩𝙖𝙣𝙙𝙨 𝙖𝙩 𝙖 𝙘𝙧𝙞𝙩𝙞𝙘𝙖𝙡 𝙥𝙤𝙞𝙣𝙩. 𝘼𝙨 𝙩𝙧𝙖𝙙𝙚𝙧𝙨 𝙬𝙖𝙩𝙘𝙝 𝙘𝙡𝙤𝙨𝙚𝙡𝙮, 𝙎𝙃𝙄𝘽 𝙛𝙖𝙘𝙚𝙨 𝙥𝙤𝙩𝙚𝙣𝙩𝙞𝙖𝙡 𝙩𝙪𝙧𝙣𝙞𝙣𝙜 𝙥𝙤𝙞𝙣𝙩𝙨 𝙩𝙝𝙖𝙩 𝙘𝙤𝙪𝙡𝙙 𝙥𝙧𝙤𝙥𝙚𝙡 𝙞𝙩 𝙩𝙤 𝙣𝙚𝙬 𝙝𝙞𝙜𝙝𝙨 𝙤𝙧 𝙨𝙚𝙚 𝙞𝙩 𝙥𝙡𝙪𝙢𝙢𝙚𝙩 𝙩𝙤 𝙣𝙚𝙬 𝙡𝙤𝙬𝙨. With key technical levels coming into play and market sentiment swinging, the meme coin’s immediate future is fraught with promising opportunities and significant risks. 🔸 The Dual Outlook on Shiba Inu (SHIB) Shiba Inu (SHIB) is currently teetering on a precarious edge. A crucial technical level supports the meme coin hovering around $0.000021, the 100-day Exponential Moving Average (EMA). This indicator is vital for SHIB’s short-term trajectory, serving as a psychological comfort for traders. Indeed, A breach below this level could send the price tumbling to the next significant support at the 200-day EMA, potentially dropping below $0.000010. Conversely, SHIB has some potential bullish signals on the horizon. A bull flag formation on SHIB’s daily chart suggests that SHIB could be setting up for a significant upward move. Despite recent declines and broader market uncertainties impacting altcoins, there is anticipation of a bullish breakout targeting a rise to $0.000051. Resistance levels are currently seen at $0.000023 and $0.000025. Overcoming these barriers could propel SHIB into a bullish zone, reigniting investor interest and possibly signaling a broader recovery in the cryptocurrency market. However, a sustained dip below $0.000021 could trigger extensive selling, eroding recent gains and dampening market sentiment. As the crypto market navigates through turbulent waters, Shiba Inu stands at a crossroads. Its ability to maintain above pivotal support levels or break through resistance will likely dictate its path. $SHIB #SHIB #ShibaInu
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🔥 Dogecoin Enters Major Accumulation Zone, Is It Time To Get Back In? 🔺 Dogecoin Market Value to Realized Value (MVRV) Ratio Is A Buy Signal Besides new investors, Dogecoin’s current holders are also expected to use this opportunity to accumulate more of the meme coin in a bid to break even in their positions. This already looks to be happening, as data from IntoTheBlock shows a notable increase in the token supply held by long-term holders (more than a year). Crypto investors buying up the Dogecoin dip can add significant buying pressure to the crypto token, which could spark a price recovery amidst this market downtrend. Moreover, on-chain data shows that Dogecoin whales are also accumulating during this period. Specifically, 150,000,000 DOGE were transferred from the crypto trading platform Robinhood to an unknown wallet, while another 76,316,694 DOGE were transferred from Robinhood to that wallet.  These whales have a massive influence on the market, and their buys could positively impact DOGE’s price. Meanwhile, it is also worth noting that this price recovery looks imminent for DOGE, considering that recovery has historically always occurred around this MVRV range.  🔺 What DOGE Chart Is Saying Crypto analyst Kevin (formerly OG Yomi) recently stated that Dogecoin is currently at a “major support zone, one which he believes that the meme coin shouldn’t lose if the crypto market is indeed in a “real bull market.” The analyst mentioned in an earlier X (formerly Twitter) post that Dogecoin needs to hold above this level to remain bullish.  However, Dogecoin risks dropping below that level, especially with the current market-wide downtrend with Bitcoin leading the charge. Moreover, Fed Chair Jerome Powell is set to announce the rate decision on May 1, which could cause DOGE and other crypto tokens to decline further if they decide to take a hawkish stance and increase interest rates.  $DOGE #DOGE #Dogecoin‬⁩
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⚠️ Chainlink (LINK) Is Due For Another Drop Before Recovery 🔺 Chainlink Investors Could Make a Move Soon LINK price is anticipating a decline, and the network is not keen on changing the outcome. The recent correction eliminated any incentive for new investors to jump aboard the Chainlink train. This is evident in the network growth, which has dipped to a yearly low. Network growth is calculated based on the rate at which new addresses are formed on the network. This data determines whether or not a project is losing traction in the market. Given Chainlink’s network growth is so low, it seems probable that LINK is not attracting any new users at the moment. This could negatively impact the price of the token. Secondly, LINK is highly undervalued at the moment, based on the Market Value to Realized Value (MVRV) ratio. This, however, is a bullish development. The MVRV ratio measures investor profit/loss. Chainlink’s 30-day MVRV at -16% signals losses, potentially prompting accumulation. Historically, LINK price recovery occurs at -7% and -17% MVRV, labeling it an opportunity zone. Nevertheless, there is still some room before LINK investors purchase the token right now to initiate a recovery. 🔺 LINK Price Prediction: Key Levels to Watch LINK price, trading at $12.7 at the time of writing, is below the support of $13.2. This is a crucial level because it coincides with the 23.6% Fibonacci Retracement. Further decline is likely should LINK fall below the support at $12.7. Considering the market conditions, LINK will potentially drop to $11.7 before bouncing back up. However, if the support at $12.7 remains intact and Chainlink reclaims 23.6% Fibonacci Retracement as support, it could initiate a recovery. This would invalidate the bearish thesis and enable a rise to $14.8 and beyond. $LINK #LINK #Chainlink
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