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Is It Time for Bitcoin to Rise? Famous Analyst Pointed to $80,000. In a repeat of the move that followed its decline below $60,000 before the April 20 halving event, Bitcoin is rapidly moving towards the $62,000 region. This is the critical point on investors' radar and has not been subjected to a convincing retest. Analyst Eliz said that although Bitcoin has recovered from levels below $ 60,000, the obstacle to be overcome is still the same and explained that the $ 62,000 level is the key level. Another analyst, Val Me, shared a chart showing a long green engulfing candle with Bitcoin on the four-hour time frame, examining the ground above $60,000 and expressing the importance of the $65,000 level. Crypto influencer Lark Davis, who uses exponential moving averages on the daily chart, pointed out that Bitcoin is currently facing resistance at the 100-day EMA average at $59,972. The next major resistance for Davis is the 50-day EMA average, currently at $63,902, where we do not want to see a strong rejection: Davis' observation is supported by on-chain data from data analysis firm #IntoTheBlock The Entry/Exit Around the Money Price (IOMAP) pattern showed that the 50-day EMA average is in the price range of $62,858 and $64,670; Here, approximately 577,220 #Bitcoins were previously purchased by 1.56 million addresses. $BTC $ETH $BNB
Is It Time for Bitcoin to Rise? Famous Analyst Pointed to $80,000.

In a repeat of the move that followed its decline below $60,000 before the April 20 halving event, Bitcoin is rapidly moving towards the $62,000 region. This is the critical point on investors' radar and has not been subjected to a convincing retest. Analyst Eliz said that although Bitcoin has recovered from levels below $ 60,000, the obstacle to be overcome is still the same and explained that the $ 62,000 level is the key level.
Another analyst, Val Me, shared a chart showing a long green engulfing candle with Bitcoin on the four-hour time frame, examining the ground above $60,000 and expressing the importance of the $65,000 level. Crypto influencer Lark Davis, who uses exponential moving averages on the daily chart, pointed out that Bitcoin is currently facing resistance at the 100-day EMA average at $59,972. The next major resistance for Davis is the 50-day EMA average, currently at $63,902, where we do not want to see a strong rejection:

Davis' observation is supported by on-chain data from data analysis firm #IntoTheBlock The Entry/Exit Around the Money Price (IOMAP) pattern showed that the 50-day EMA average is in the price range of $62,858 and $64,670; Here, approximately 577,220 #Bitcoins were previously purchased by 1.56 million addresses.
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$BTC Whenever this #Bitcoins bull flag breaks out, the real bull market 📈will start
$BTC

Whenever this #Bitcoins bull flag breaks out, the real bull market 📈will start
Did You Know? USA Among the Leading Bitcoin Holders!The United States holds more than 200,000 BTC, which translates to over 5 billion dollars. This is despite having previously sold thousands of BTC. Although the United States had sold several thousand #Bitcoins in the past, its government currently owns over 200,000 #BTC valued at more than 5 billion dollars, making them one of the major holders of this cryptocurrency.  US Bitcoin Holdings Continue to Increase According to data from 21.co, the current amount of Bitcoins held by the US stands at 194,188, with an estimated value of 5.3 billion USD. These figures, derived from publicly available sources, may only represent a minimum estimate. In reality, the actual number could be even higher. The primary BTC reserves were acquired by the US government from the following operations: -       Confiscation of 69,369 BTC from the Silk Road market in November 2020. -       Acquisition of 94,643 BTC following the Bitfinex hack in January 2022. -       And 51,326 BTC related to the James Zhong case in March 2022. Most of these Bitcoins are stored offline in encrypted devices, known as hardware wallets, managed by the Department of Justice and the Tax Office. Confiscated Bitcoins and the US Government It's important to note that even though the US holds these Bitcoins, they don't consider them as their property until a court decides otherwise. The US Marshals Service becomes the owner of these BTC only after a judicial decision confirms their confiscation. Occasionally, the US sells some of its Bitcoins through an auction system based on court orders. The largest auction took place in 2014, when billionaire Tim Draper bought 30,000 BTC from the US at a very favorable price. Recently, however, the US government has been turning to cryptocurrency exchanges to sell confiscated BTC. For instance, in March of this year, the government sold 9,118 BTC via the Coinbase exchange. Notice:  Information and viewpoints presented in this text are purely informational and should never be taken as investment recommendations in any situation. Do not attribute any value to the content here as financial, investment, or any other type of advice. Keep in mind that investing in cryptocurrencies can be associated with the risk of loss.

Did You Know? USA Among the Leading Bitcoin Holders!

The United States holds more than 200,000 BTC, which translates to over 5 billion dollars. This is despite having previously sold thousands of BTC.
Although the United States had sold several thousand #Bitcoins in the past, its government currently owns over 200,000 #BTC valued at more than 5 billion dollars, making them one of the major holders of this cryptocurrency.
 US Bitcoin Holdings Continue to Increase
According to data from 21.co, the current amount of Bitcoins held by the US stands at 194,188, with an estimated value of 5.3 billion USD. These figures, derived from publicly available sources, may only represent a minimum estimate. In reality, the actual number could be even higher.

The primary BTC reserves were acquired by the US government from the following operations:
-       Confiscation of 69,369 BTC from the Silk Road market in November 2020.
-       Acquisition of 94,643 BTC following the Bitfinex hack in January 2022.
-       And 51,326 BTC related to the James Zhong case in March 2022.

Most of these Bitcoins are stored offline in encrypted devices, known as hardware wallets, managed by the Department of Justice and the Tax Office.
Confiscated Bitcoins and the US Government
It's important to note that even though the US holds these Bitcoins, they don't consider them as their property until a court decides otherwise. The US Marshals Service becomes the owner of these BTC only after a judicial decision confirms their confiscation.
Occasionally, the US sells some of its Bitcoins through an auction system based on court orders. The largest auction took place in 2014, when billionaire Tim Draper bought 30,000 BTC from the US at a very favorable price.
Recently, however, the US government has been turning to cryptocurrency exchanges to sell confiscated BTC. For instance, in March of this year, the government sold 9,118 BTC via the Coinbase exchange.
Notice: 
Information and viewpoints presented in this text are purely informational and should never be taken as investment recommendations in any situation. Do not attribute any value to the content here as financial, investment, or any other type of advice. Keep in mind that investing in cryptocurrencies can be associated with the risk of loss.
SAFU ? Binance is a secure exchange and has established itself as a leader when it comes to security approaches with concepts like Proof of Reserves. The platform has taken great lengths to enhance its security and as of 2024, it is one of the most secure crypto platforms available. #Bianance #Bitcoins
SAFU ?

Binance is a secure exchange and has established itself as a leader when it comes to security approaches with concepts like Proof of Reserves. The platform has taken great lengths to enhance its security and as of 2024, it is one of the most secure crypto platforms available.
#Bianance #Bitcoins
2 things we've NEVER seen in #Bitcoins 14 year life are happening🚨 What happened EXACTLY 2 yrs ago on June 5th, 2021, is responsible for both... Let me explain why these 2 metrics prove the nation-state BTC race has begun with my 2ND thread on El Salvador for the day🧵🇸🇻
2 things we've NEVER seen in #Bitcoins 14 year life are happening🚨

What happened EXACTLY 2 yrs ago on June 5th, 2021, is responsible for both...

Let me explain why these 2 metrics prove the nation-state BTC race has begun with my 2ND thread on El Salvador for the day🧵🇸🇻
🔥 Breaking: MicroStrategy Boosts Bitcoin Portfolio with new Purchase In a strategic addition to its cryptocurrency portfolio, #MicroStrategy has purchased an additional 155 #Bitcoins for $5.3 million.
🔥 Breaking: MicroStrategy Boosts Bitcoin Portfolio with new Purchase

In a strategic addition to its cryptocurrency portfolio, #MicroStrategy has purchased an additional 155 #Bitcoins for $5.3 million.
Nigerian Scammers "Mr Woodbery" Arrested, Forfeits 151 Bitcoins ($4.5m). "Every day for the thief, one day for the owner." This is the case with a 31-year-old Nigerian named Olalekan Jacob Ponle, AKA ‘Mr. Woodbery’ or ‘Mark Kain', a friend of convicted Hushpuppi. He was widely known for helping fraudsters to convert their money into Bitcoins, among other crimes. From his shaddy dealings, he lived a lavish lifestyle including purchasing a Rolls Royce Cullinan, Lamborghini Urus, and a Mercedes-Benz G-Class AMG G55. He was part of an Australian scam group that scammed a man out of $3.7m, and another group that used phishing tricks to steal money from employees. He has now been sentenced to 8 years+ in prison and ordered to pay $8.03 million as restitution to his victims plus forfeiting 151 #Bitcoins What a life!
Nigerian Scammers "Mr Woodbery" Arrested, Forfeits 151 Bitcoins ($4.5m).

"Every day for the thief, one day for the owner." This is the case with a 31-year-old Nigerian named Olalekan Jacob Ponle, AKA ‘Mr. Woodbery’ or ‘Mark Kain', a friend of convicted Hushpuppi.

He was widely known for helping fraudsters to convert their money into Bitcoins, among other crimes. From his shaddy dealings, he lived a lavish lifestyle including purchasing a Rolls Royce Cullinan, Lamborghini Urus, and a Mercedes-Benz G-Class AMG G55.

He was part of an Australian scam group that scammed a man out of $3.7m, and another group that used phishing tricks to steal money from employees.

He has now been sentenced to 8 years+ in prison and ordered to pay $8.03 million as restitution to his victims plus forfeiting 151 #Bitcoins

What a life!
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Imagine throwing away 7,500 #Bitcoins (worth over $260 million👀). That’s what happened to James Howells and here’s what you should learn. (MUST READ for all crypto investors!) Meet James Howells, a man whose story serves as a cautionary tale for every crypto user. In a moment of absentmindedness, he inadvertently discarded a hard drive containing 7,500 Bitcoins – a stash that was virtually worthless when he mined it in 2009. However, those lost Bitcoins are now worth more than $260M!🥸 Howells was an IT pro and an early adopter of $BTC . He mined these coins in early 2009 when crypto was still under the radar, and mining was easy. But what can we learn from his unfortunate experience? 🤔 Here's the lesson for all crypto users. The story teaches us the following valuable lessons: 1️⃣ Backup, Backup, Backup: Never underestimate the importance of backups. Howells didn't have one, and it cost him millions. Always store your private keys securely and have redundant backups. Your wallet can get lost, but you can always recover by writing down your secret phrase. 2️⃣ Stay Informed: Keep up with the #cryptocurrency world. Trends and values change rapidly. Had Howells monitored the market, he might have realized the significance of his lost hard drive sooner. 3️⃣ Security is Key: James Howells' hard drive didn't just contain wealth; it held the private key to his Bitcoin wallet. Protect your private keys like you would your most valuable possessions. 4️⃣ Embrace the Future: Despite his loss, Howells remains a believer in cryptocurrency's future. Just like him, have faith in this digital revolution and its potential. Let James Howells' story be a reminder that in the world of cryptocurrency, vigilance and preparedness are your best allies. Protect your digital assets, and they may just become the future's pot of gold. ⁉️What did you learn from the story of James Howells and what are some other ways to prevent things like this from happening to us? Your comment might help someone!
Imagine throwing away 7,500 #Bitcoins (worth over $260 million👀). That’s what happened to James Howells and here’s what you should learn. (MUST READ for all crypto investors!)

Meet James Howells, a man whose story serves as a cautionary tale for every crypto user. In a moment of absentmindedness, he inadvertently discarded a hard drive containing 7,500 Bitcoins – a stash that was virtually worthless when he mined it in 2009. However, those lost Bitcoins are now worth more than $260M!🥸

Howells was an IT pro and an early adopter of $BTC . He mined these coins in early 2009 when crypto was still under the radar, and mining was easy.

But what can we learn from his unfortunate experience? 🤔

Here's the lesson for all crypto users. The story teaches us the following valuable lessons:

1️⃣ Backup, Backup, Backup: Never underestimate the importance of backups. Howells didn't have one, and it cost him millions. Always store your private keys securely and have redundant backups. Your wallet can get lost, but you can always recover by writing down your secret phrase.

2️⃣ Stay Informed: Keep up with the #cryptocurrency world. Trends and values change rapidly. Had Howells monitored the market, he might have realized the significance of his lost hard drive sooner.

3️⃣ Security is Key: James Howells' hard drive didn't just contain wealth; it held the private key to his Bitcoin wallet. Protect your private keys like you would your most valuable possessions.

4️⃣ Embrace the Future: Despite his loss, Howells remains a believer in cryptocurrency's future. Just like him, have faith in this digital revolution and its potential.

Let James Howells' story be a reminder that in the world of cryptocurrency, vigilance and preparedness are your best allies. Protect your digital assets, and they may just become the future's pot of gold.

⁉️What did you learn from the story of James Howells and what are some other ways to prevent things like this from happening to us? Your comment might help someone!
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#MicroStrategy, a software analytics company, revealed on June 28 that it had purchased 12,333 #Bitcoins (BTC), which were currently worth $347 million. Following the acquisition, MicroStrategy now owns 152,333 Bitcoin worth $4.52 billion, with an average purchase price of $29,668 per #coin.
#MicroStrategy, a software analytics company, revealed on June 28 that it had purchased 12,333 #Bitcoins (BTC), which were currently worth $347 million. Following the acquisition, MicroStrategy now owns 152,333 Bitcoin worth $4.52 billion, with an average purchase price of $29,668 per #coin.
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Polkadot's Price Could Surge Towards $5.5 If It Clears $4.80 Resistance LevelAccording to multiple sources, including NewsBTC, Daily Truth Report, and CoinCodex, the price of Polkadot (DOT) has surged above the $4.50 resistance level against the US Dollar. If it clears the $4.80 resistance level, the price could surge towards $5.5. Inside #Bitcoins predicts that an increase above the channel could trigger intense buying to the resistance levels of $5.00, $5.20, and $5.40. It is worth noting that #Polkadot is a sharded blockchain that connects several different chains together in a single network, allowing them to process transactions in parallel and exchange data between chains without sacrificing security. The $DOT token serves three key functions in Polkadot: providing governance for the network, operating the network, and supporting the networks. The Polkadot #ico started on October 15, 2017, and ran until October 27, 2017. During the ICO, 5 million #DOT tokens were sold, representing 50% of the initial DOT supply (10 million tokens). The Polkadot price reached as high as $55 in November 2021. DOT’s price reached a peak of $6.30 shortly after it launched in May 2020, then wavered between $4 and $5 for the remainder of 2020. In May 2021, DOT’s price hit an all-time high of $49.80. During the Q4 bull run of 2021, DOT’s price hit another peak of $44.41 in October. It is important to note that cryptocurrency prices are highly volatile and subject to change rapidly. Therefore, investors should always do their own research and exercise caution before investing in any cryptocurrency. Disclaimer: This article is for informational purposes only and should not be considered financial advice. Readers are encouraged to conduct their research and make informed decisions.

Polkadot's Price Could Surge Towards $5.5 If It Clears $4.80 Resistance Level

According to multiple sources, including NewsBTC, Daily Truth Report, and CoinCodex, the price of Polkadot (DOT) has surged above the $4.50 resistance level against the US Dollar. If it clears the $4.80 resistance level, the price could surge towards $5.5. Inside #Bitcoins predicts that an increase above the channel could trigger intense buying to the resistance levels of $5.00, $5.20, and $5.40.
It is worth noting that #Polkadot is a sharded blockchain that connects several different chains together in a single network, allowing them to process transactions in parallel and exchange data between chains without sacrificing security. The $DOT token serves three key functions in Polkadot: providing governance for the network, operating the network, and supporting the networks.
The Polkadot #ico started on October 15, 2017, and ran until October 27, 2017. During the ICO, 5 million #DOT tokens were sold, representing 50% of the initial DOT supply (10 million tokens). The Polkadot price reached as high as $55 in November 2021. DOT’s price reached a peak of $6.30 shortly after it launched in May 2020, then wavered between $4 and $5 for the remainder of 2020. In May 2021, DOT’s price hit an all-time high of $49.80. During the Q4 bull run of 2021, DOT’s price hit another peak of $44.41 in October.

It is important to note that cryptocurrency prices are highly volatile and subject to change rapidly. Therefore, investors should always do their own research and exercise caution before investing in any cryptocurrency.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Readers are encouraged to conduct their research and make informed decisions.
New Major Bitcoin Whales Emerge Recent data from Santiment shows a notable surge in Bitcoin's whale numbers. A significant 16 wallets have now joined the ranks of those holding between 100 to 1,000 #Bitcoins (BTC). This growth appears to be due to smaller wallet holders "graduating" to the next tier, bolstering the case for a bullish Bitcoin outlook.Not sameA clear divergence has been observed between Bitcoin and Ethereum whale behaviors. #Ethereum whales, defined as holders of 1,000 ETH or more, are currently in a pronounced downtrend. Over the past year alone, a whopping 12 million #ETH has been offloaded by these large stakeholders. This figure jumps to 20 million ETH since 2020, suggesting a significant shift in Ethereum whale sentiment. In stark contrast, Bitcoin whales, those with 1,000 #BTC or more, display a trend that ranges from aggregate growth to stability.This pattern further accentuates Ethereum's ongoing sell pressure, which stands in stark contrast to Bitcoin's current trajectory. Shark and whale wallets From February 2022, the cryptocurrency landscape has witnessed a significant uptick in the number of shark and whale wallets accumulating at least 10 Bitcoin. Over the span of the last 20 months, this trend of accumulating larger wallets has surged, resulting in an additional 11,806 addresses crossing this notable threshold. This represents an impressive 8.12% total increase in such wallet holders, showcasing robust confidence among larger stakeholders in the digital asset's potential. $BTC $ETH

New Major Bitcoin Whales Emerge

Recent data from Santiment shows a notable surge in Bitcoin's whale numbers. A significant 16 wallets have now joined the ranks of those holding between 100 to 1,000 #Bitcoins (BTC). This growth appears to be due to smaller wallet holders "graduating" to the next tier, bolstering the case for a bullish Bitcoin outlook.Not sameA clear divergence has been observed between Bitcoin and Ethereum whale behaviors. #Ethereum whales, defined as holders of 1,000 ETH or more, are currently in a pronounced downtrend. Over the past year alone, a whopping 12 million #ETH has been offloaded by these large stakeholders. This figure jumps to 20 million ETH since 2020, suggesting a significant shift in Ethereum whale sentiment. In stark contrast, Bitcoin whales, those with 1,000 #BTC or more, display a trend that ranges from aggregate growth to stability.This pattern further accentuates Ethereum's ongoing sell pressure, which stands in stark contrast to Bitcoin's current trajectory. Shark and whale wallets From February 2022, the cryptocurrency landscape has witnessed a significant uptick in the number of shark and whale wallets accumulating at least 10 Bitcoin. Over the span of the last 20 months, this trend of accumulating larger wallets has surged, resulting in an additional 11,806 addresses crossing this notable threshold. This represents an impressive 8.12% total increase in such wallet holders, showcasing robust confidence among larger stakeholders in the digital asset's potential. $BTC $ETH
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