$BTC Analysts disclosed that Bitcoin might reach 160,000 USD in exchange of 1BTC in the world market by 2024 Halving incur in a blockchain due to anticipation of the halving event, Historically known to trigger significant raillies in Bitcoin value by reducing the supply demand of "New Coins" available in the market.Multiply factors, including the scheduled Halving in April 2024, Expected demand from verious spot exchange-traded funds (ETFs), and the general growth in broader stock markets following rate cuts, could pontentially push Bitcoin prices upward. According to a report by on-chain analysis firm CrytoQuant, Bitcoin might exprience short-term gains, reaching at least 50,000USD, driven by these catalysts.Please, Like, Share and follow @Bestrading14 📢📢📢🌴🌴✅⚠️📉📈🔥🔥🔥💻💰💰💪💪⏰⏰Analysts at CryptoQuant highlighted six major influences expected to positively impact Bitcoin and crypto market in 2024: The market valuation cycle, network, activity, Bitcoin halving, macroeconomic factors, approval of Bitcoin spot ETF's, and increasing stablecoin liquidity. They forecast that Bitcoin could potentially target 55,000USD in the medium term and even reach 160,000 dollars as the peak price of this cycleThe enthusiasm for Bitcoin continues as traditional financial players like BlackRock and VanEck engage in discussions with the US Securities and Exchange Commission (SEC) for spot Bitcoin ETF's. This ongoing dialogue suggests a positive progression toward potential ETF approvals.Micheal Saylor, a prominent Bitcoin advocate, believes that the move towards Bitcoin ETFs might mark one of the most significant developments on wall street in decades, comparing it to the advent of the S&P 500 ETF that simplified investor access to the widely fellowed index. Saylor's company, MicroStrategy, holds a substantial amount of Bitcoin in its treasury...

$BTC The National Bank of Nigeria (CBN) has formally supported the cNGN stablecoin, denoting a huge improvement in the country's digital money industry. This endorsement, in all actuality on January 4, 2024, makes ready for the Africa Stablecoin Consortium (ASC) - a coordinated effort of Nigerian banks and fintech organizations - to send off the new stablecoin on February 27, 2024. The cNGN stablecoin, reported in December 2023, is set to bring different client benefits and contribute decidedly to the Nigerian economy.Industry specialists have been vocal about the capability of cNGN to change the computerized cash scene in Nigeria. Ophi, a critical partner in the digital money industry, accentuated the significance of far and wide mindfulness and instruction about the cNGN's highlights and abilities for its prosperity. Given Nigeria's situation a Africa's crypto area of interest, he accepts most trade stages will probably list the cNGN. This expansion could altogether support the nation's remaining in the worldwide digital curreNigeria's CNGN Stablecoin to Change Advanced Cash Scenency market. Looking at cNGN and eNaira: Possibilities furthermore, challengesThe cNGN stablecoin is set to coincide with the eNaira, Nigeria's national bank computerizedcash (CBDC). On the other hand, opinions on how these two digital assets will interact diverge. The Africa Stablecoin Consortium states that the cNGN will supplement the eNaira. Conversely, Finna Convention, a noticeable player in the Nigerian stablecoin environment, communicated distrust in a new post on X (previously Twitter). They contended that it is almost inconceivable for a stablecoin on a public blockchain to supplement another stablecoin on a private blockchain. From this point of view, the difficulties and complexity of integrating these two digital currencies are brought to light.In spite of these difficulties, the involvenment of significant organizations and monetary organizations in the cNGN consortium recommends areas of strength for an of help and reception whenever it is sent off. The far and wide reception of the cNGN could likewise lead to a more extensive acknowledgment of Web3 advancements in Nigeria, a nation as of now known for its quick reception of blockchain innovation. Nigeria could become the continent's leader in adopting digital and blockchain technologies thanks to this move. Nigeria's computerized money scene and the street ahead The presentation of the cNGN comes at a time when the reception of blockchain and Web3 advancements is picking up speed in Africa, with nations like Kenya, South Africa, and Nigeria at the front. Nonetheless, Nigeria's own CBDC, the eNaira, has not seen critical reception among the general population. Industry spectators like Ophi characteristic this to the discernment that the eNaira addresses the public authority's resistance to the more extensive crypto industry.The endorsement of the cNGN stablecoin by the CBN and its forthcoming send off could mark a defining moment in Nigeria's computerized Money venture. The effective execution and reception of the cNGN could reinforce Nigeria's situation in the worldwide crypto market and prepare for a coordinated computerized economy. As the cNGN gets ready for its send off, everyone's eyes are on Nigeria to perceive how this new stablecoin will reshape its advanced monetary scene.

$BTC Jan. 23, 2014: 'Bitcoin isa terrible store ofvalue'Nov. 5, 2015: 'Bitcoin will not survive'Jan. 20, 2016: 'Bitcoin is going nowhere'Sept. 12, 2017: 'Bitcoin is a fraud'Oct. 12, 2017: 'I am not going to talk aboutBitcoin anymore'Jan. 9, 2018:'I regret making thatComment'Oct. 30, 2018:'I don't really give a shitabout Bitcoin'Sept. 21, 2022:'I am a major skeptic oncrypto tokens, which you call currency, likeBitcoin'crypto tokens, which you call currency, likeBitcoin.Dec. 6, 2023: 'I have always been deeplyopposed to crypto,Bitcoin, etc. - if I were the government I'dclose it down.'Dec. 29, 2023: 'BlackRock, Valkyrie nameauthorized participants including JPMorgan for Bitcoin ETE'#BTC #etf #BlackRock

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$BTC This man has 7,002 $BTC in a password-protected hard drive and lost the passwordto it.😱😱Stefan Thomas has 2 tries left before thehard drive encrypts itself and the #Bitcoin is lost forever. ?🔐

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$BTC What is Morning StarThe Morning Star candlestick pattern is a bullish reversal pattern that signifies a potential change in the direction of the market from bearish to bullish. It typically forms at the end of a downtrend and indicates the dawn of a new upward movement, hence the name "Morning Star," symbolizing the start of a new day. What The Pattern Looks LikeThe Morning Star pattern consists of three candles:First Candle: This is a long bearish (red) candle that continues the prevailing downtrend. It has a long body, showing a strong downward movement.Second Candle: The second candle can be either bullish (green) or bearish (red) and is typically a smaller candle or even a Doji (where the opening and closing prices are nearly the same). This candle will often gap down from the close of the first candle, meaning it opens at a lower price than the closing price of the preceding candle.Third Candle: This is a long bullish (green) candle that often gaps up from the close of the second candle. It should close at least halfway into the body of the first candle, the more it closes into the first candle's body, the stronger the reversal signal.Pattern psychologyUnderstanding the psychology behind the Morning Star pattern gives more insight into its significance:Continuation of Bearish Sentiment: The first long red candle reflects the continuation of the recent downtrend. Bears are in control, pushing prices lower.Market Indecision: The appearance of the second smaller candle or Doji indicates a pause in the downtrend. This shows that the selling pressure is weakening, and there's uncertainty or indecision in the market. Both bears and bulls are assessing their positions.Change in Sentiment: The third candle is where the sentiment shifts. The price gaps up on the open, indicating that the bulls have started to step in with force. As the third candle continues to push upward, it confirms that the bulls have taken control, and a potential trend reversal is underway.Confirmation: While the Morning Star pattern is a strong bullish reversal sign, traders often look for additional confirmation. This could be in the form of another bullish candle following the Morning Star or other technical indicators showing bullish momentum.In conclusion, the Morning Star candlestick pattern is a powerful tool for traders to identify potential bullish reversals at the end of a downtrend. It provides a visual representation of the shift in market sentiment. However, as with all candlestick patterns, it's vital to use the Morning Star in conjunction with other technical analysis tools and methods to make informed trading decisions.Comment and share your own view, or ask questions, for more potential tips like this. Tap my page to follow. Thanks!🫂🙏🤑@Bestrading14

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$BTC The crypto market is full of anticipation as the approval window for spot Bitcoin Exchange-Traded Funds (ETFs) will open in less than 20 days. In a recent revelation renowned crypto influencer Crypto Rover, a comprephensive list of pending spot ETFs. Candidates awaiting approval from the Securities and Exchange Commission (SEC) The Landscape of Pending Bitcoin ETFsCrypto Rover's tabulated screenshot reveals intriguing insights into the pending spot Bitcoin ETF applications. Among the thirteen listed, a significant twelve were submitted in the current year, underscoring the growing interest within the crypto industry to secure regulatory approval for these investment instruments.Notably, Grayscale Bitcoin Trust stands out as the lone application submitted before 2023, representing a re-file submitted on October 19, 2021.Please, Like, Comment, Share. @Bestrading14 📢📢💰💰✅✅🔥🔥Grayscale's Unique Approval