HalvingHorizons!
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#MyFirstSquarePost Hello, Binance Square! My prediction for the bitcoin price at halving is $ 80452. #HalvingHorizons!
The next Bitcoin halving is on the horizon, drawing closer with each passing block and anticipated to take place anywhere between April 18 to April 22, 2024, at the milestone of block 840,000. Following this event, the reward for mining a block will halve from 6.25 bitcoins to 3.125 bitcoins. The following is a thorough exploration of what you need to understand regarding the fourth Bitcoin halving.
Navigating Through Bitcoin’s Imminent Reward Halving
As of now, fewer than 2,900 blocks remain until the forthcoming Bitcoin halving event. To grasp the concept of halving, it’s beneficial to first understand how new bitcoins come into existence, primarily through the process of bitcoin mining.
This involves entities, known as miners, validating blocks packed with transactions awaiting confirmation. In their pursuit to secure bitcoin rewards, miners engage in a computational contest, applying their processing power in a method referred to as ‘Proof-of-Work’ (PoW).
Upon successfully discovering a block and validating the held transfers, miners are rewarded with 6.25 newly created bitcoins, in addition to collecting transaction fees from each transfer processed. While the discovery of blocks occurs on average every ten minutes, this duration can vary.
#bitcoinhalving #HalvingHorizons!
Navigating Through Bitcoin’s Imminent Reward Halving
As of now, fewer than 2,900 blocks remain until the forthcoming Bitcoin halving event. To grasp the concept of halving, it’s beneficial to first understand how new bitcoins come into existence, primarily through the process of bitcoin mining.
This involves entities, known as miners, validating blocks packed with transactions awaiting confirmation. In their pursuit to secure bitcoin rewards, miners engage in a computational contest, applying their processing power in a method referred to as ‘Proof-of-Work’ (PoW).
Upon successfully discovering a block and validating the held transfers, miners are rewarded with 6.25 newly created bitcoins, in addition to collecting transaction fees from each transfer processed. While the discovery of blocks occurs on average every ten minutes, this duration can vary.
#bitcoinhalving #HalvingHorizons!
#MyFirstSquarePost Hello, Binance Square!
as part of participation in #HalvingHorizons! I forecast that Binance will be
57429.58 USD on April 20-th.
I base my judgement on the fact that it has almost formed a cup #in weekly timeframe, and only handle is left. And I also took into account the bearish trend that has just started and the approximate height of weekly candles.
But I'm new here and may be wrong, so I would like to hear your thoughts on it.
as part of participation in #HalvingHorizons! I forecast that Binance will be
57429.58 USD on April 20-th.
I base my judgement on the fact that it has almost formed a cup #in weekly timeframe, and only handle is left. And I also took into account the bearish trend that has just started and the approximate height of weekly candles.
But I'm new here and may be wrong, so I would like to hear your thoughts on it.
LIVE
Binance Square Official
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Predict the price of BTC at 20th April 00:00 (UTC+0) to win up to $10000 of SATS token rewards!
To mark this milestone of Bitcoin Halving, all verified users can complete specific tasks on Binance Square during the Activity Period, and qualify for up to $10,000 of SATS token voucher reward. Activity Period: 2024-03-04 09:00 (UTC) to 2024-04-14 09:00 (UTC)All KYC-verified Binance users who log into their Binance accounts and complete the following tasks during the Activity Period will qualify for the $10,000 of SATS reward. Tasks: Comment your prediction for the price of BTC on 20th April 00:00 (UTC+0) on this post. Share this post on your social media and #HalvingHorizonsThe user with the closest prediction will win $5000. If more than one user shares the same prediction, you’ll share the price pool. AndIf you correctly guessed the price and signed up for a Binance account during the activity period through the shared link of this post or the Binance Square referral link, you can unlock a share of extra $2000 price poolAndIf you correctly guessed the price and completed at least 10 trades during the activity period, you will unlock a share of the extra $3000 price poolEach user can only submit 1 entry. Terms & ConditionsThis activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify.The $10,000 of SATS token voucher rewards pool will be divided equally among all qualified users.Winners will be notified via a push notification under Creator Center > Square Assistant. Voucher rewards will be distributed within 21 working days after the activity ends. Users may check their voucher rewards via Profile > Rewards Hub. The validity period for the voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
LIVEBinance Square Official
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Predict the price of BTC at 20th April 00:00 (UTC+0) to win up to $10000 of SATS token rewards!
To mark this milestone of Bitcoin Halving, all verified users can complete specific tasks on Binance Square during the Activity Period, and qualify for up to $10,000 of SATS token voucher reward. Activity Period: 2024-03-04 09:00 (UTC) to 2024-04-14 09:00 (UTC)All KYC-verified Binance users who log into their Binance accounts and complete the following tasks during the Activity Period will qualify for the $10,000 of SATS reward. Tasks: Comment your prediction for the price of BTC on 20th April 00:00 (UTC+0) on this post. Share this post on your social media and #HalvingHorizonsThe user with the closest prediction will win $5000. If more than one user shares the same prediction, you’ll share the price pool. AndIf you correctly guessed the price and signed up for a Binance account during the activity period through the shared link of this post or the Binance Square referral link, you can unlock a share of extra $2000 price poolAndIf you correctly guessed the price and completed at least 10 trades during the activity period, you will unlock a share of the extra $3000 price poolEach user can only submit 1 entry. Terms & ConditionsThis activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify.The $10,000 of SATS token voucher rewards pool will be divided equally among all qualified users.Winners will be notified via a push notification under Creator Center > Square Assistant. Voucher rewards will be distributed within 21 working days after the activity ends. Users may check their voucher rewards via Profile > Rewards Hub. The validity period for the voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Bitcoin Halving Approaches: Maintaining Composure Amidst Market Volatility
With the imminent halving of Bitcoin on the horizon, it's natural for investors to experience heightened apprehension. However, it's crucial to maintain composure and approach the situation with a clear perspective.
As the halving draws near, the market may undergo increased volatility, potentially leading to a prolonged period of uncertainty. Anticipating a potential long squeeze, my analysis highlights two critical areas of interest: $69,000 and $67,000. The region between these two price points is pivotal, as a breach below $67,000 could signal confirmation of a long squeeze scenario. Furthermore, a dip below $67,000 may indicate a corrective movement towards the liquidity zone at $62,000.
It's important to emphasize that Bitcoin remains fundamentally sound despite market fluctuations. Panic is unwarranted, and investors are urged to remain calm and rational in their decision-making process.
For timely updates and further insights into navigating the evolving cryptocurrency landscape, consider following me. Your support through tipping is greatly appreciated and enables me to continue providing credible analysis and guidance to our community.
$BTC $BNB $ETH #HalvingHorizons! #Halving_update #HalvingOpportunity
As the halving draws near, the market may undergo increased volatility, potentially leading to a prolonged period of uncertainty. Anticipating a potential long squeeze, my analysis highlights two critical areas of interest: $69,000 and $67,000. The region between these two price points is pivotal, as a breach below $67,000 could signal confirmation of a long squeeze scenario. Furthermore, a dip below $67,000 may indicate a corrective movement towards the liquidity zone at $62,000.
It's important to emphasize that Bitcoin remains fundamentally sound despite market fluctuations. Panic is unwarranted, and investors are urged to remain calm and rational in their decision-making process.
For timely updates and further insights into navigating the evolving cryptocurrency landscape, consider following me. Your support through tipping is greatly appreciated and enables me to continue providing credible analysis and guidance to our community.
$BTC $BNB $ETH #HalvingHorizons! #Halving_update #HalvingOpportunity