$BTC Technical Analysis:- . . - Bitcoin found support around $61-62,000, consolidating within a daily range. - Short-term trends on the 4-hour and 1-hour time frames seem bearish. - Open interest increased slightly, with most new orders being long positions. - Momentum has stalled in the past 3 hours. - Strong confirmation from Bitcoin is needed before making predictions. - Market structure suggests the bottom has been hit, with a breakout above $65,500 more likely than below $61,000. - Positive spot buying in the last 18 hours is bullish. - Potential calming of unrest in the Middle East could positively impact the market. - The most likely scenario is a breakout above $65,000, leading to recovery and momentum. - However, there's still a risk of breaking below $61,000, resulting in a significant price drop. - Waiting for confirmation before making decisions is advised. - Key levels to watch are $61,000 as main support and $65,500 as main resistance. - Break above $65,000 could bring recovery; break below $61,000 could lead to a drop, with $58,000 as the first support level. . 💟+🔁 #bitcoinhalving #BullorBear #Bitcoin #Trading
Bitcoin price drops before each halving - CryptoQuant analyst
He notes that as the fourth Bitcoin halving approaches, its price has dropped ⬇️ by 16.65%, causing concern among crypto investors and traders.
👆 However, such declines are typical before each halving. For example, Bitcoin fell by 40.36% before the second halving and 20.35% before the third, only to later reach new highs 🚀. BTC #etf #BinanceLaunchpool #bitcoinhalving #BullorBear #
#$BTC Big News: Fifth Biggest Bitcoin Holder Wakes Up After 5 Years 🐳 Imagine someone who owns a whopping 94,500 Bitcoins, making them the fifth-largest Bitcoin holder in the world. Well, this big shot has come back to life after staying quiet for five years. According to Arkham Intelligence, this wallet, now worth a mind-boggling $6.6 billion, recently became active again. In 2019, this wallet got a massive amount of Bitcoin, which today would be worth $6.6 billion.
But until recently, no one touched it. Over the weekend, though, things got interesting. The Bitcoin in this wallet got split up and moved to new wallets. Now, the original wallet only has 1.4 Bitcoins, while the rest got spread across three wallets, with one of them holding $5 billion worth of Bitcoin. The owner of the wallet split the Bitcoin into two parts. They sent one part as it was to a new wallet and divided the other part between two more wallets. This move reshuffled the 94,500 Bitcoins, making the owner one of the top Bitcoin holders in the world. Miguel Morel, CEO of Arkham, pointed out that while most big Bitcoin wallets are linked to companies or exchanges, this one hasn't done much. It's been pretty quiet and has no connection to any exchange. This Bitcoin movement is a big deal because it's the first time in a while that a single wallet has done something major. Before this, there were some other movements, like one anonymous wallet sending 27 Bitcoins to Satoshi Nakamoto's address in January 2024. Also, in November 2023, three other sleepy wallets woke up and moved about 7,000 Bitcoins to Bitfinex. Despite all this excitement, the $BTC price hasn't really changed much. It's still hovering around $70,000 #BullorBear #Memecoins #Binance #CryptoNews #BTC BTC
When $BTC and other coins will start bullish move again? If you are reading my post or know me, you should know that I don’t listen to rumours. Some saying BTC will go below 50k before halving. They are waiting to buy. In fact one of my friend, who hold more bitcoin than me, sold out all around 68k-70k. He is saying he sold, as he gonna buy back again when BTC go below 50k. He is not a noob, he is certified financial advisor and been in the business for a long time. Still I directly said, his thinking is totally BS. Bitcoin will not go below 50k, not even 55k. Obviously there is pre halving effects and that’s why BTC is now in dip. But within this month, this will be recovered. In fact, Bitcoin can go 100k USD within April. There is 60% chance. Now you will ask “What’s the point behind saying this?” Well, if you look deeply, you will see less cash inflow in Bitcoin ETF. You will also see transactions over bitcoin network is significantly less than last month. Feels like everyone is waiting for something . This actually happens in financial market before a special news or important event. If you are trading for a long term, you know this is a sign that everyone gonna invest at once when the special news comes. For sure, the news or event everyone is waiting for is BTC halving. Once the time comes, everyone gonna push the money in and we may see sudden pump. Look, I’m not suggesting you to trade with leverage during halving. Because market will be volatile than ever. Those who trades with Binance API / Fix API and has institutional setup may trade with leverage and get millions of profit. But this is not for you. You will see huge market move within the interval of few seconds. If you are holding Bitcoin or any other crypto (incase they are not scam project like $STRK that only focuses on selling coin and raising money), just keep holding. As I mentioned in earlier posts, Bitcoin act like an influencer for whole crypto market, alt coins will also pump. In fact some alt coin will go even 50x. (Few weeks ago I shared a list of good coins.)
📅 10 years ago, my friend told me to buy BTC. In 2016, my friend told me to buy ether. In 2019 my friend told me to buy SHIB. In 2022 my friend told me to buy CCDS. In 2023, he told me to buy pepe. I didn't fall for it. I knew it was a scam. Fortunately, I didn't buy it at that time. Now, those friends who bought BTC and Ether are lazy, doing nothing, living like a waste, driving a luxury car worth tens of millions, accompanying beautiful women, and traveling around the world. What is this? The point is that this is not the life I want. 📝 Someone wrote that. 🚫 This is not Professor Mende!$BTC #Memecoins #BinanceLaunchpool
Why DOT is crashing? Will DOT go back to 7$ or reach 15$? Well, first of all. DOT is not crashing. Whole crypto market faced a decline due to less cash flow. The reason is Bitcoin Halving. I have made several post on this, so not gonna explain this time. There is another reason of this decline. As it’s clear that Bitcoin is the only weapon to break the USD and Euro dominance and say end to flat currency, the governments are trying hard to limit Bitcoin. How? USA government has captured many Bitcoin over the decades. They have a tons of Bitcoin on their hold. Now they are spreading news that they gonna sell them for USD. The plan is to increase USD value over Bitcoin. UK is taking same approach. They are trying to capture as many Bitcoin they can from their citizen and sell them agains GBP. European Union is heading to same direction. All they want is, make their currency world currency and make their orders the new world order. Honestly, there plan is as BS as their policy. This will have a short term impact, but eventually Bitcoin will reach its destination. Now, we all know, Bitcoin acts like an influencer in crypto world. When Bitcoin breaks ATH, it brings whole world’s attention to crypto world and eventually all good projects gets a cash flow boost. I can say, DOT will go 15+ in few months. Because their project is so good. So don’t worry! I even told purchased a large number of DOT yesterday. I have also purchased some very low hyped projects like IQ and RSR. I believe this projects will give much profit in 1-2 years. I also invested in XRP, TRX, MANA. ETH and BTC I’m holding for long term. But I got more profits with less money by investing Alt coins. Now in this dip, I say you utilise your opportunity to buy at low rather than freaking out. Also, I announced some important updates on the crypto airdrop I promised. To find those post visit my profile. If you have inquiries on any specific project feel free to comment. I’ll post detailed analysis on most commented coin. Bye!
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.
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