🚀 Bitcoin's Current Rally: Will It Last?
The recent surge in Bitcoin's price has been driven by the US Federal Reserve’s 50 basis points (bps) interest rate cut, which injected optimism into the market. However, this rally may be short-lived, with some analysts predicting a steep drop in the near future.
- CrediBULL Crypto predicts that Bitcoin could rise to a local top of $70,000, but warns of a subsequent crash to “ideally under $49,000” before the real breakout occurs.

- Ali Martinez, another respected analyst, has also raised concerns. He recently pointed out that almost $2 billion in Bitcoin futures contracts were opened in just three days, increasing the risk of a long squeeze—potentially adding downward pressure on BTC.
Additionally, Martinez emphasized the importance of Bitcoin retesting the 200-day simple moving average (SMA), which historically acts as a key support level during bull runs. Failure to reclaim this level could lead to significant corrections.
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💡 Why A Price Crash May Not Happen
Not all analysts agree on the likelihood of a crash. Bonk Guy, a bullish crypto expert, has outlined reasons why Bitcoin could continue its upward momentum:
1. Q4 Bullish Trends: Historically, the fourth quarter has been the most profitable for Bitcoin, with October, November, and December often producing strong returns—especially during halving years.

2. US Presidential Election: With the US presidential election just 45 days away, Bonk Guy predicts that market certainty post-election could lead to a Bitcoin rally. Historically, Bitcoin prices have surged following past elections, regardless of the winning candidate.

- A potential Donald Trump win could push Bitcoin’s price to $90,000, but Bonk Guy suggests Bitcoin could still rise even if Kamala Harris wins, as Anthony Scaramucci is reportedly helping her develop crypto policies—a positive for BTC.
3. FTX Customer Repayments: Another bullish factor is the $16 billion in cash repayments due to FTX customers. Bonk Guy suggests that some of this capital could be reinvested into Bitcoin, driving prices higher.
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📊 What’s Next for Bitcoin?
While Bitcoin has been riding high on the back of favorable market conditions, investors should prepare for volatility. Whether it’s CrediBULL’s prediction of a drop below $49,000 or Bonk Guy’s more optimistic forecast, one thing remains clear—Bitcoin’s price movements in the coming months will be influenced by a complex web of factors, including market dynamics, US elections, and the broader crypto ecosystem.
The key for investors is to remain vigilant and keep an eye on technical indicators like the 200-day SMA, which may offer clues about Bitcoin’s next major move.
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#BitcoinCrash | #BTCAnalysis | #CryptoNews | #FTXRepayments | #BTCPricePrediction

The king of crypto, Bitcoin, has been dancing around the $40k mark for weeks, leaving investors scratching their heads. Is this a bullish consolidation or a prelude to a deeper plunge? We dissected the daily chart to uncover the hidden patterns and predict the next move with the precision of a ninja assassin (okay, maybe not that dramatic, but it'll be good!).
Tightrope Walk: The Low Volatility Tango.
Forget the salsa, Bitcoin's doing the volatility tango – and it's surprisingly… tame. Those narrow Bollinger Bands are singing a lullaby of indecision, with traders unsure whether to salsa arriba or slide abajo. Could this be a sign of brewing volatility, or are we stuck in this low-key limbo forever?
RSI: Neither Hot nor Cold, Just Lukewarm.
The Relative Strength Index, that ever-so-helpful sentiment meter, is hovering around the neutral zone like a wallflower at a crypto party. No wild enthusiasm, no doomsday despair – just a collective meh. But hey, maybe neutrality is the new sexy?
Moving Averages: A Tale of Two Lines.
The 200-day moving average, that granddaddy of support lines, is still holding strong, keeping Bitcoin above the fray. But the 50-day, that fickle trendsetter, just dipped below, whispering bearish worries to traders' ears. This tug-of-war is keeping everyone on their toes!
So, where's Bitcoin headed? Buckle up, because here's the verdict:
Consolidation or breakout? Both are possible. The tight bands could snap with a bang, sending Bitcoin soaring or plummeting. Keep your eyes peeled!Volatility is coming, one way or another. That sleepy RSI and those indecisive bands won't last forever. Prepare for fireworks, whether bullish or bearish.Do your own research! This is crypto land, where trends change faster than a Kardashian hair color. Don't blindly follow, analyze, and make informed decisions.
Remember, friends, Bitcoin is a wild beast, so trade with caution and keep your risk management game strong. And one last thing: don't forget to have fun along the way! This crypto roller coaster is an adventure, so enjoy the ride (even if it makes you a little nauseous sometimes).
Hit those share buttons, drop your predictions in the comments, and let's crack the Bitcoin code together!
For More Info visit Scentia.io Scentia Research Group
Disclaimer: This is for informational purposes only, not financial advice. Do your own research before investing. And don't blame the ninja assassin if Bitcoin does something crazy.
#BitcoinAnalysis #CryptoTrading #BTCPricePrediction #BullishMarket #scentiaResearchGroup

In this article we’ll delve into the $BTC halving exploring it’s History,Introduction,why it matter and impact on the future of BTC.
In last price prediction of $BTC after halving.
🎯 HISTORY OF BITCOIN HALVING
The BTC protocol dictates that the total supply of bitcoins is capped at 21 Million.Ist Halving: first halving occurred in 2012, reducing the block rewards from 50 BTC to 25 BTC per block.Subsequent halvings took place in 2016 reducing the block reward from 25 BTC to 12.5 BTC and 2020 from 12.5 BTC reduce to 6.25 BTC .The next halving will occurring on 20 April 2024 reducing block reward from 6.25 BTC to 3.125 BTC.
🎯INTRODUCTION
As the world of cryptocurrency continues to evolve, one event that consistently captures the attention of investors, miners, and enthusiasts alike is the "Bitcoin halving." It is pre-programmed event that occurs approximately every four years within the Bitcoin network. It involves a 50% reduction in the rewards that miners receive for validating and processing transactions on the blockchain. In practical terms, this means that the number of new bitcoins created and earned by miners is cut in half.
🎯 Why DOES IT MATTER
Bitcoin's price has historically soared around halvings,halvings have been positive for bitcoin's price. Indeed, bitcoin has experienced significant gains both before and after past halvings, although the magnitude of these gains has been progressively lower for each halving.
🎯FUTURE IMPLICATIONS
The future implications of the Bitcoin halving extend beyond immediate market reactions. The gradual reduction in new supply, combined with increasing demand from institutional investors, retail adoption, and macroeconomic uncertainties, could potentially drive Bitcoin's price to new heights.
🎯NEXT HALVING$
As the next halving approaches, the eyes of the crypto community will once again turn to this event, anticipating its potential impact on Bitcoin's trajectory and the broader cryptocurrency market. Whether it will usher in a new era of price appreciation and adoption remains to be seen, but one thing is certain – the Bitcoin halving will continue to be a focal point of discussion and speculation for years to come.
Don’t miss $BTC before halving.
Buying Zone :65 -72k

Targets after halving: $85 -100000k.
You will regret this buying opportunity.
This is only for educational purposes not financial advice.Always do your own research before investing.
#bitcoinhalving #BullorBear #write2earn🌐💹 #BTCHalvingApril2024 #BTCPricePrediction

Bitcoin price made another attempt to clear the $36,000 resistance. BTC struggled again and is now correcting lower toward the $35,200 support.Bitcoin again failed to clear the key $36,000 resistance zone.The price is trading above $35,000 and the 100 hourly Simple moving average.There was a break above a major contracting triangle with resistance near $35,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair is correcting gains and might find support near $35,200 or $35,000.Bitcoin Price Faces Uphill TaskBitcoin price remained stable above the $34,000 support zone. BTC attempted a fresh increase above the $35,250 resistance zone. There was a break above a major contracting triangle with resistance near $35,000 on the hourly chart.It even cleared the $35,500 resistance, but the bears were active near the $36,000 zone. A high was formed near $35,900 and the price is again moving lower. There was a move below the $35,500 level. The price declined below the 23.6% Fib retracement level of the upward move from the $34,560 swing low to the $35,900 high.Bitcoin is now trading above $35,000 and the 100 hourly Simple moving average. It seems to be approaching the $35,200 support or the 50% Fib retracement level of the upward move from the $34,560 swing low to the $35,900 high.If it stays above $35,200, there might be a fresh increase. On the upside, immediate resistance is near the $35,560 level. The next key resistance could be near $35,900 or the recent high. The main resistance is still near $36,000. A clear move above the $36,000 resistance might open the doors for a move toward the $37,000 resistance.Source: BTCUSD on TradingView.comThe next key resistance could be $37,500, above which the price could rise toward $38,000. Any more gains might send BTC toward the $38,800 level.More Downsides In BTC?If Bitcoin fails to rise above the $35,560 resistance zone, it could continue to move down. Immediate support on the downside is near the $35,200 low.The next major support is near the $35,000 zone or the 100 hourly SMA. If there is a move below $35,000, there is a risk of more downsides. In the stated case, the price could revisit the $34,000 support level in the near term.Technical indicators:Hourly MACD – The MACD is now losing pace in the bullish zone.Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.Major Support Levels – $35,200, followed by $35,000.Major Resistance Levels – $35,560, $35,900, and $36,000.Tags: #Bitcoin-BTC #BTCPricePrediction #BTCUSD #BTCUSDT $BTC $usdt

As the cryptocurrency market continues to captivate investors with its dynamic nature, Bitcoin, the pioneer of digital currencies, remains at the forefront of attention. In this article, we will delve into a comprehensive analysis of Bitcoin's price predictions and the current market landscape.Bitcoin's Current PositionAs of the latest data, Bitcoin stands at a price of $40,993 with a 2.40% decline over the last 24 hours. Investors are closely monitoring the movements of the leading cryptocurrency, seeking insights into its potential trajectory. Short-term PredictionsAccording to our analysis, Bitcoin is predicted to experience a -10.95% drop, reaching $36,507 by January 27, 2024. This projection is based on a careful examination of technical indicators and historical trends. The sentiment is currently bearish, with a Fear & Greed Index of 55, indicating a state of greed among investors.Technical IndicatorsTechnical indicators play a pivotal role in understanding Bitcoin's market behavior. Over the last 30 days, Bitcoin recorded 13 green days out of 30, signifying a 43% positive momentum. The 50-day Simple Moving Average (SMA) is at $42,679, and the 200-day SMA is at $33,207. The 14-day Relative Strength Index (RSI) stands at 42.06, indicating a neutral market position.Long-term ProjectionsLooking ahead, Bitcoin's price predictions for 2025 estimate a range between $29,097 and $149,640. The forecast considers historical price movements and Bitcoin halving cycles. For 2026, the prediction ranges from $110,353 to $179,158, presenting a potential gain of 339.69%. Meanwhile, the 2031 projection places Bitcoin between $191,137 and $275,118, suggesting a significant potential increase of 575.20%.Disclaimer: Informed Decision-MakingBefore diving into the intricacies of Bitcoin investment, it is crucial to heed a disclaimer. The information provided here serves as a general guide and does not constitute financial advice. Investors are strongly encouraged to seek independent professional consultation for legal, financial, and fiscal advice before making any investment decisions.In conclusion, navigating Bitcoin's price landscape requires a blend of technical analysis, historical context, and a thorough understanding of market sentiments. As we embark on this journey, it is imperative to approach cryptocurrency investments with caution and diligence, acknowledging the ever-evolving dynamics of this volatile market.#BTC2024 #BTCPricePrediction #BinanceSquareCreatorAwards #BTCPrice #LearnAndEarn