73,600!!! Enjoy | LARVA on Binance Square

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73,600!!!

Enjoy

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BTC

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-2.76%

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0

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Bitcoin analysts forecast pre-election surge, warn of potential post-election sell-off The price of bitcoin may surge ahead of the U.S. elections on November 5, but analysts caution that a sell-off could occur in the days following the election results, regardless of the winner. "Profit-taking could weigh on the price of bitcoin in the days following the result announcement, yet dip buyers should maintain support strong below $60,000," Tyr Capital Chief Investment Officer Edouard Hindi told The Block.

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According to the Altcoin-Season-Index (monthly), Altcoins have reached a zone that has ALWAYS been the best buy zone vs. $BTC in recent years. Once Bitcoin breaks it's ATH with momentum, Altcoins will take over so crazy imo. Legendary months ahead.

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Long orders of #BTC on exchanges are larger in comparison to Shorts! Most people are preparing for the Bull run!

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#Bitcoin is less than 10% away from a new ATH Soon

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How Long Does It Take to Mine 1 #Bitcoin? The length of time it takes to mine 1 Bitcoin can vary due to the network’s built-in difficulty settings. Each block mined releases 3.125 BTC, and it takes about 10 minutes to mine a block. But here's the catch – you're probably not getting that full amount! Think of it like a treasure hunt where thousands of pirates are digging at once. The one with the most shovels (computing power) has the best chance of finding the treasure first. Modern miners aren't solo adventurers – they're more like mining corporations! Your mining success depends heavily on your hardware. Some miners run hundreds of machines to increase their hashrate. This is why most miners join mining pools. Instead of hoping to strike gold alone, they team up and share rewards based on their contribution.

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