$BTC

Bitcoin, the first decentralized digital currency, was created by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. Here's a brief history of Bitcoin:
### 2008: The Whitepaper
On October 31, 2008, Satoshi Nakamoto published a whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System." This paper outlined the concept of Bitcoin and introduced the idea of blockchain technology, a public ledger for transactions that is maintained by a network of computers, or nodes.
### 2009: The Genesis Block
Bitcoin's network went live on January 3, 2009, when Nakamoto mined the first block, known as the "Genesis Block" or "Block 0." Embedded in this block was the text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks," a reference to a headline in The Times newspaper that highlighted the instability of the traditional financial system.
### 2010: First Transactions and Real-World Use
Bitcoin began to gain value and saw its first real-world transaction on May 22, 2010, when a programmer named Laszlo Hanyecz paid 10,000 BTC for two pizzas, marking "Bitcoin Pizza Day." By the end of 2010, Bitcoin's value had risen, and its community had grown significantly.
### 2011-2013: Growing Adoption and Market Volatility
During this period, Bitcoin gained wider attention and saw its price fluctuate wildly. In 2011, it reached parity with the US dollar, and by late 2013, it surged to over $1,000 per BTC. This period also saw the rise and fall of various Bitcoin exchanges and services, including the notorious Silk Road marketplace, which was shut down by the FBI in 2013.
### 2014-2016: Maturation and Regulation
As Bitcoin matured, it faced increased scrutiny and regulation. In 2014, Mt. Gox, then the largest Bitcoin exchange, collapsed after a major hack, resulting in the loss of hundreds of thousands of bitcoins. Despite setbacks, Bitcoin continued to grow, with increased adoption by merchants and integration into financial services.
### 2017: Mainstream Surge and Scaling Debate
Bitcoin experienced a massive price surge in 2017, reaching nearly $20,000 in December. This bull run brought Bitcoin into mainstream awareness but also highlighted issues with transaction speed and fees. The community was divided over how to scale the network, leading to the creation of Bitcoin Cash, a hard fork of Bitcoin, in August 2017.
### 2018-Present: Institutional Interest and Market Fluctuations
Following the 2017 surge, Bitcoin's price dropped significantly in 2018 but gradually recovered in subsequent years. Institutional interest in Bitcoin grew, with companies like Tesla and Square investing in Bitcoin and financial institutions offering Bitcoin-related services. In 2021, Bitcoin reached new all-time highs, surpassing $60,000.
Throughout its history, Bitcoin has remained a pioneering force in the world of digital currencies, influencing the development of thousands of other cryptocurrencies and blockchain projects. It continues to be a subject of fascination and debate, balancing between the promises of decentralized finance and the challenges of regulatory acceptance and technological scalability.##$BTC $USDC $SOL

#Write&Earn
Here are the RULES that u MUST follow to survive in the market long term.
1. Don't invest at the cost of ruining ur life.
ur investment should always be an almost insignificant amount.If u lose it,it should hurt a bit but not ruin ur life.Don't go all in.Don't invest more than u can afford to lose.
2. Practice a lot BEFORE trading.Watch live charts,draw ur levels,then paper trade.After u're comfortable with this,trade spot for some time and ONLY THEN move to leverage/futures.Using leverage without spot experience is a crime.
3. U can't and will not survive in the long term without following the 2 tools of capital preservation.
i. Stop Loss,ii. Risk Management.
Both these tools are FAR more complicated than they sound.Read,understand and ONLY then trade.
4. Don't try making quick trades by fighting the trend.Use the weekly time frame and the 50-day moving average to find the trend and trade only in the direction of the market.
5. There are no good and bad assets.Don't get attached to a coin or a stock.Ur aim is to make profits,to buy low and sell high.Keep ur logics,attachments,and emotions away and TRADE THE CHART.
6. Don't pray for a trade to go right.Don't hope.Ur aim is to leave the market ASAP.Once the trade goes the opposite direction,don't give control to the market and keep hoping.EXIT.Start afresh.Cut ur losses.Keep them small.
7. Don't trade if u don't hv a planned entry,exit,and invalidation point.Listen to opinions of others will always get u rekt.U have to plan ur entry,position size,and invalidation points.
8. Trading is easy,u don't need complicated tools and 5 monitors.The catch is,u need a plan.Manage position size.Pre-determined entries.Exit on invalidation.Cut losses.
9. When learning,trade a lot.Trade with the trend,as many times as possible.Ur methods need real market testing.Trade more,let the market give you feedback,as much as possible.The only way to get better at free-throws is to keep practicing.
10.Trading is the most rewarding profession, ever.
#hottrendingtopic #$BTC #BinanceTournament

#BTC #$BTC

Did crypto funds foresee the collapse? 528 million dollars came out
Cryptocurrency funds ended last week with a net loss of $528 million. Bitcoin funds saw 400 exits and Ether funds saw $146 million.
Cryptocurrency funds closed last week for the first time in 4 weeks. The sales in the funds were net $528 million. Bitcoin funds saw outputs of $400 million, while Ether funds saw $146.3 million.
In Coinshares' weekly report, analysts expressed geopolitical concerns behind the sales and fear that the U.S. will enter a recession. As it will be remembered, while the Bitcoin price was 70 thousand dollars before the interest rate decision announced by the Fed last week, below 66 thousand dollars was seen before the decision was announced, and the price fell to 63 thousand dollars on Friday. The week for the funds was closed on Friday.
Altcoin entries continue
On the other hand, despite the Did crypto funds foresee the collapse? 528 million dollars came out
Cryptocurrency funds ended last week with a net loss of $528 million. Bitcoin funds saw 400 exits and Ether funds saw $146 million.
Cryptocurrency funds closed last week for the first time in 4 weeks. The sales in the funds were net $528 million. Bitcoin funds saw outputs of $400 million, while Ether funds saw $146.3 million.
In Coinshares' weekly report, analysts expressed geopolitical concerns behind the sales and fear that the U.S. will enter a recession. As it will be remembered, while the Bitcoin price was 70 thousand dollars before the interest rate decision announced by the Fed last week, below 66 thousand dollars was seen before the decision was announced, and the price fell to 63 thousand dollars on Friday. The week for the funds was closed on Friday.
Altcoin entries continue
On the other hand, despite the large wave of sales, small inputs in altcoin funds also draw attention. Litecoin funds received investments of 200 dollars and XRP funds with 400 thousand dollars.
The "short-Bitcoin" fund, which invested in the decline of Bitcoin, received an investment of 1.8 million dollars. 2.8 million dollars came out of the Solana funds.
On the basis of countries, the biggest figure was in the USA. While 531 million dollars were released from crypto funds in the USA, the figure close to it was Switzerland with an exit of only 27 million dollars.
Exits again in Grayscale...
The most invested fund of the week was BlackRock's Bitcoin fund. IBIT closed the week with a plus of $370 million. Grayscale's two major funds saw major exits.
Grayscale's Ether fund sold $603 and the Bitcoin fund at $239 million.
$BTC wave of sales, small inputs in altcoin funds also draw attention. Litecoin funds received investments of 200 dollars and XRP funds with 400 thousand dollars.
The "short-Bitcoin" fund, which invested in the decline of Bitcoin, received an investment of 1.8 million dollars. 2.8 million dollars came out of the Solana funds.
On the basis of countries, the biggest figure was in the USA. While 531 million dollars were released from crypto funds in the USA, the figure close to it was Switzerland with an exit of only 27 million dollars.
Exits again in Grayscale...
The most invested fund of the week was BlackRock's Bitcoin fund. IBIT closed the week with a plus of $370 million. Grayscale's two major funds saw major exits.
Grayscale's Ether fund sold $603 and the Bitcoin fund at $239 million.
$BTC #$BTC

🔸$BTC in April is likely to have another slight increase around the 8xK area and BTC's wave will officially end in this span.
🔸 at that time, $BTC officially entered the re-accumulation correction wave to continue moving forward in Q3 and 4.
🔸When the market is most excited, we should also reconsider.
🔸Because in my opinion, we should still respect the history of the market, the market has been running smoothly since the beginning of 2023 until now and there has been almost no significant adjustment.
👉So if there's a tuning wave, I believe it could be quite intense rather than mild.
#BinanceVietnamSquare #BullorBear $BTC #Crypto #Bitcoin " data-hashtag="#$BTC #Crypto #Bitcoin " class="tag">#$BTC #Crypto #Bitcoin

$#$BTC #altcoins #ETHETFS

With the Bitcoin Halving on the horizon in April 2024, understanding the journey Bitcoin takes before, during, and after this significant event is crucial. Let’s dive into the four phases leading up to the Bitcoin Halving:
1. Pre-Halving Rally
About 35 days before the Halving, a buzz known as the Pre-Halving Rally starts to build, lasting roughly 60 days. During this time, Bitcoin's price tends to surge, often breaking previous records. Investors jump on the hype train, hoping to capitalize on the momentum before the Halving. However, as the event approaches, many traders "Sell the News," leading to a slight dip in prices.
2. Final Pre-Halving Retrace
Following the Pre-Halving Rally, there's often a period of consolidation known as the Final Pre-Halving Retrace. This phase, occurring a few weeks before the Halving, sees Bitcoin's price pulling back slightly. Historically, this retracement can range from mild to significant, but this year, indications suggest a milder retracement compared to previous cycles.
3. Re-Accumulation
After the Final Pre-Halving Retrace, Bitcoin enters a phase of re-accumulation that can last up to 150 days. During this time, Bitcoin's price may stagnate, causing some investors to grow impatient. However, with the potential for Bitcoin to reach new all-time highs, this phase might see a quicker resolution than in past cycles.
4. Parabolic Uptrend
Once Bitcoin breaks out of the re-accumulation phase, it enters a period of rapid growth known as the Parabolic Uptrend. This phase is marked by exponential price increases and typically lasts over a year. However, with the possibility of an Accelerated Cycle, this timeframe could be shorter in the current market cycle.
In summary, the journey of Bitcoin through the four phases of the Bitcoin Halving is dynamic and full of opportunities for investors. From the excitement of the Pre-Halving Rally to the consolidation of the Final Pre-Halving Retrace, each phase presents its own set of challenges and rewards. As we look ahead, one thing remains clear - the Bitcoin ecosystem continues to evolve, offering new possibilities for those willing to embrace its journey.
$BTC #Crypto $BTC #Crypto #Bitcoin " data-hashtag="#$BTC #Crypto #Bitcoin " class="tag">#$BTC #Crypto #Bitcoin
Chart Analysis: Rekt Cap

#BTC   1. Pre-Halving Downside phaseApproximately 70 days remain until the Bitcoin Halving in April 2024Historically, any deeper retraces that occur during this orange period tend to generate fantastic Return On Investment for investors in the several months after the HalvingGenerally, any retrace during this period likely represents one of the final bargain-buying opportunities for Bitcoin in the Pre-Halving periodIn fact, Bitcoin performed a -18% retrace this past January alreadyWas that the retrace that historically tends to occur during this period?In any case, if there is going to be another retrace in this Pre-Halving Downside phase, history suggests there is now a rapidly shrinking 7-day window for that to occur2. Pre-Halving RallyWith the orange Pre-Halving period slowly coming to a close with only 7 days left...Bitcoin is slowly getting ready to transition into the Pre-Halving rally phaseApproximately ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)In anticipation of the Halving, investors "Buy the Hype" in an effort to "Sell the News"Short-term traders and speculators "Buy The Hype" several weeks before the Halving in anticipation of making a profit from this hype-fuelled rallyThen these speculators "Sell The News" to realise that profit, contributing to a Pre-Halving retrace which occurs only a handful of weeks before the Halving event itself3. Pre-Halving retraceAfter the Pre-Halving Rally has concluded...A Pre-Halving retrace tends to occur a couple of weeks before the Halving event itself (dark blue circle)In 2016, this Pre-Halving retrace was -38% deepIn 2020, this Pre-Halving retrace was -20% deepThis Pre-Halving retrace can last multiple weeks, making investors question whether the Halving was a bullish catalyst on price after all4. Re-AccumulationThe Pre-Halving retrace is followed by multi-month re-accumulation (red)This period can last up to 150 days (i.e 5 months)Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving5. Parabolic UptrendOnce Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs$BTC $BTC #Crypto " data-hashtag="#$BTC #Crypto " class="tag">#$BTC #Crypto #Write2Earn #Bitcoin   

Discover how investing just $1000 in Ripple's XRP today could pave the way to millionaire status. Despite maintaining a 27% increase in value since January 2023, Ripple's XRP faces challenges in 2024, with declines in weekly and 14-day charts, as well as a notable decrease over the past week. Despite this, XRP holds potential to transform average earners into millionaires overnight with a mere $1000 investment.If you were to invest $1000 in XRP at its current price of $0.52, you would acquire 1,923 XRP coins. The intriguing prospect arises when considering that if the price of XRP rises to $520, the value of your 1,923 coins could soar to $1 million. However, reaching $500 or $520 for XRP entails a significant challenge, requiring a massive 100,000% increase from its current value.Predictions from Changelly suggest that it might take until 2050 for XRP to reach $500, with a projected low of $544 and a high of $629. Despite initial skepticism, XRP might reach the $520 price target sooner than expected, driven by factors such as a favorable outcome in Ripple's legal battle with the SEC, increased global adoption, and favorable market conditions.These developments could set the stage for a substantial price surge, exceeding market analysts' expectations and potentially turning average earners into millionaires.#Write2Earn #TrendingTopic #XRP #$BTC #Crypto

Bitcoin Briefly Rallies to $61K Before Retracing to $59.9K as Market Consolidates

Date: September 14, 2024

Bitcoin ($BTC) witnessed a brief but notable rally earlier today, touching the $61,000 mark before retracing to approximately $59,900. This movement marks a critical juncture as the market enters a consolidation phase, balancing between bullish momentum and bearish pressure.

Rally and Retracement

The surge to $61K briefly sparked optimism among traders, reflecting increasing buying interest following weeks of relatively low volatility. However, resistance at this level proved too strong for the bulls to maintain, resulting in a swift retracement to the $59.9K region.

Despite the pullback, Bitcoin’s price remains well-supported. Analysts suggest that the $59K-$60K range is a key support zone, with institutional buyers possibly stepping in to defend these levels. The question now is whether Bitcoin will find the momentum to break through its $61K resistance or continue to consolidate in this range.

Consolidation Phase

The market appears to be entering a period of consolidation as buyers and sellers find equilibrium. Consolidation is often seen when investors take a pause, awaiting further macroeconomic developments, regulatory clarity, or technical confirmation for the next move.

Currently, support around $59K seems to be holding steady, with trading volumes slightly lower than during the initial rally. However, sentiment remains cautiously optimistic, with many analysts predicting a potential breakout above $61K if buyer demand increases in the short term.

What’s Next for Bitcoin?

With Bitcoin fluctuating around the $59K-$61K range, traders and investors alike are keeping a close eye on the market for cues of the next big move. Key indicators to watch include:

- Support Levels: Bitcoin’s ability to hold above $59K will be crucial. A drop below this level could signal a bearish shift and test lower support at $57K.
- Resistance Breakout: Breaking above $61K could open the door to further gains, potentially pushing BTC towards the next resistance levels of $63K and $65K.
- Market Sentiment: Macro trends like inflation, interest rates, and regulatory news could either fuel or hinder Bitcoin's performance in the coming weeks.

For now, Bitcoin remains in a holding pattern, consolidating and preparing for its next major price movement. Traders are advised to watch for clear signals before entering large positions, as the market seeks balance between buyers and sellers.

Conclusion

Bitcoin’s brief rally to $61K and subsequent retracement signals a market in transition, with support holding firm around $59K. As consolidation continues, the eyes of the crypto world remain fixated on whether the next breakout will be upward or downward. For now, the market remains in a delicate balance, with key support and resistance levels guiding the next phase of Bitcoin’s price action.
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