Follow me On Twitter @Call4Ashir
6yrs Experience in Crypto. Analyze Markets, Manage Portfolios, Devise Strategies., Do Risk Management and Provide Guidance.
The Magic of Bitcoin Halving and how It Affects Prices and What Investors Think
Bitcoin halving is a special event in the world of cryptocurrency. It does happen around every four years and has a big impact on how much Bitcoin is made and how people feel about investing in it. Let's talk about why this matters, especially as we get closer to the 2024 halving.
So, what is Bitcoin halving exactly? Well, imagine Bitcoin as a treasure or virtual gold that miners find by solving complex puzzles. When they find this treasure, they get rewarded with new Bitcoin. But every four years, this reward gets cut in half. In 2024, miners will get half the Bitcoin they used to for finding a new block before April 2024.
Now, why does this affect prices? It's like having a limited edition of toy – when there's less of it, people want it more and more. The same goes for Bitcoin. Less Bitcoin being made means it becomes more valuable. That's why, in the past, Bitcoin prices have gone up after each halving. This Bitcoin halving is so special because the price of Bitcoin has crossed its previous all-time high of $69K even before halving. It has happened because of Bitcoin ETF and institutional buying of BTC. Lets evaluate the value of bitcoin in every halving day. In November 2012, it was at $12, in July 2016 its price was at $664, in May 2020 the price was at $8600. It went $69000 from $8600. Surprisingly before the halving of April 2024 it has made new all-time high of $73800.
This event also affects how investors feel about Bitcoin. Before the halving, people get excited. They think the price will go up, so they want to buy more. After the halving, they feel more confident in Bitcoin's future. They see it as a good investment because there's less of it around.
So, as we get ready for the 2024 halving, it's good to understand how it works and why it matters. Just remember, while halving can be exciting, it's smart to keep an eye on what's happening in the big picture of cryptocurrency. $BTC #HotTrends#Halving#HalvingHorizons#Binance#BitcoinHalvingMagic
After the 7000$ crash of $BTC everyone is asking about what will happen next to the market. What is going to happen to the Bitcoin and other coins especially $ETH $PEPE $BNB $shib $sol $xrp $ada $matic $aevo $sol etc.
This is what going to happen next:
1. Bitcoin starts ranging from $70k to $50k 2. BTC dominance will drop from 52% to 40% 3. Money move to ETH & and other #altcoins 4. ETH breaks ATH and move towards $5000K 5. Money flows to Alts especially to major coin like Dot, BNB, Sol, xrp etc. 6. Alts will pump hard 7. Then we see epic #ALTSEASON 8. We take profits and retire our family.
Save this post if you ever in doubt come back and read again.
$BTC The majority of the liquidations are still above us. So what do you think about this. So all the short holders will be liquidated. Try to manage your funds according to this scenario. #Bitcoin will likely continue to run to $70,000. Don't get fooled. #BTC#BullorBear#BlackRock#buythedip#liquadation
$BTC Update: Falling Wedge Pattern 🚀 #Bitcoin is rebounding within the marked yellow box, still adhering to the Falling Wedge pattern/Bull Flag. For a confirmed upward breakout, bulls must breach the $65,000 resistance. If achieved, Bitcoin could aim for $95,000. 🚨 Conversely, failure to maintain support at the yellow line which is at 52400$ might lead to downside targets at $50k and $40k. Exercise caution and monitor these critical levels closely. BTC dominance is falling from last week which is a good sign for altcoins. BTC came down to 10% but alt coins didn't bleed, the way they should bleed. If BTC shows sideways on this price range, we could see a pump of 10% to 20% pump in altcoins. $ETH is trying to maintain the support of $2990. The next target for Eth are 3090$ 3150$ and 3230$. Next scalping targets are 2810$ 2750$ and 2650$ in worst scenario $SOL is back in 140$ range from 117$ marks. the next resistance for solana is at 150$. so keep this in your mind. Other major coins like $WIF $JUP $PEPE $BONK $SHIB $Near $OP and $TRB are showing good recovery from the last crash.
UPDATE on Bitcoin Spot ETF flows Today Grayscale SOLD $54.9 million ARK BOUGHT $13.3 million Franklin BOUGHT $3.4 million Other funds have not reported yet --------------- Currently (negative) -$38.2 million $BTC $ETH $BNB #BTC#bitcoinhalving#BullorBear#bitcoin#ETF
Bitcoin has Tested 57k and currently trying to find support at $57k. BTC almost down 10% in less than 24 hours which is a massive crash. people are so worried about liquidation. If BTC continues going down the next support is at $56000. This could be a good buying opportunity if you are looking to take entries in the market. If BTC break 56k support then next support would be from the range of 52K to 54K. Don't hesitate to take entries or do DCA in this range. Don't forget every crash is a good opportunity to take entry. Those who are in short position try to take profit and close your position if you see BTC at 54$. The best altcoins to accumulate in this crash are $ETH $BNB $SOL $Pyth $jup $wif $OP $ENA $YGG $Avax $Jasmy $Gala $Shib $Pepe
BREAKING: MicroStrategy bought 122 more #Bitcoin for $7.8 million. MicroStrategy now holds 214,400 bitcoins at an average purchase price of $35,180 per BTC.
The Bitcoin halving event is akin to the celebration of Eid in several ways, embodying elements of renewal, anticipation, and communal excitement. Just as Eid marks a significant moment in the Islamic calendar, the Bitcoin halving symbolizes a pivotal point in the cryptocurrency realm. Eid represents the culmination of fasting and spiritual reflection, while the halving reflects years of technological development and market dynamics. Both occasions evoke a sense of anticipation and preparation. In the lead-up to Eid, families engage in rigorous preparations, from cleaning homes to buying new clothes, akin to the anticipation and speculation surrounding Bitcoin prior to its halving. Investors and enthusiasts closely monitor market trends and predictions, eagerly anticipating the impact of the halving on Bitcoin's value and network dynamics. Moreover, Eid is a time for communal celebration, where families and friends come together to share meals and exchange gifts. Similarly, the Bitcoin community unites during the halving, organizing events and discussions to commemorate this milestone and discuss its implications for the future of the cryptocurrency ecosystem. In essence, just as Eid brings renewed spiritual energy and communal joy, the Bitcoin halving infuses the cryptocurrency space with renewed enthusiasm and anticipation, marking a significant moment in its ongoing evolution. $BTC $ETH $BNB #bitcoinhalving #BTC #Memecoins#BullorBear#HotTrends#write2earn
To reward minors Bitcoin Price has to be doubled. But think its gonna be increased 3 to 4 times.
You can't even imagine, what's going to happen in the world of Crypto. $BTC is going to replace Gold as collateral asset. I am Bullish on Bitcoin $ETH $BNB #bitcoinhalving#BTC#HotTrends#Write2Earn#BullorBear
$BTC IS FORMING A MASSIVE INVERSE HEAD AND SHOULDER FORMATION ON THE WEEKLY TIMEFRAME.
THIS COULD TAKE A FEW MONTHS BEFORE A MAJOR BREAKOUT
DURING THE CONSOLIDATION PHASE, BTC WILL TRADE BETWEEN $56K AND $76K
A WEEKLY CLOSE ABOVE $76K WILL CONFIRM THE BREAKOUT, PUSHING BTC TOWARDS $100K $ETH and $SOL are also eyeing Thier a time high after 3 years. Memecoins are ready to explode like $PEP $Shib $Wif $Bome $Bonk #Bitcoin#BullorBear#Memecoins
How Did Satoshi Nakamoto Think of Bitcoin. The article you all must need to read.
In the mysterious world of finance, there emerged a revolutionary idea: Bitcoin. But how did it come to be? Well, it all started with a person named Satoshi Nakamoto. Satoshi, whose real identity remains unknown, shared a vision for a digital currency that could be used without relying on banks or governments.
Satoshi's big idea was to create a decentralized system where people could send money directly to each other, cutting out the middlemen. He wrote a paper in 2008 called "Bitcoin: A Peer-to-Peer Electronic Cash System," laying out the blueprint for this new digital currency.
Instead of relying on a central authority, like a bank, Satoshi proposed using a network of computers to verify transactions. This network, called the blockchain, records every transaction made with Bitcoin in a secure and transparent way.
Satoshi's brilliance was in solving the problem of double-spending, where someone could spend the same digital money twice. He figured out a way to prevent this, making Bitcoin trustworthy and reliable.
So, in short, Satoshi Nakamoto thought of Bitcoin as a solution to the flaws of traditional currency systems. He wanted to create a currency that was borderless, secure, and independent of any central authority. And with Bitcoin, he succeeded in bringing his vision to life, changing the world of finance forever.
$BTC recently surged to $74K, shattering a significant resistance level, However, the momentum couldn't be sustained, & the price retreated back to around $69K. Currently, it's finding support in the 60.5-62.5k range, showing signs of a retest but am expecting to see it to 58K. Yet, there's caution as breaching this range might trigger a further decline towards 50.5-52k and worst scenario can take BTC down to 48K. Volatility remains high, so avoid leverage or do it with tight stoploss.
-Last week was a bad dream for Bitcoin especially Altcoins holders. Most of the Altcoins went down to 50% to 100% like $JUP $Gala $Pyth $Wif $Pepe $Shib $Rune $Agix $Fet $ENA $Matic $XRP $Bome $Meme $Mina $Rndr $Near.
-Total of One Billion Dollars of Late Longs and Shorts were Liquidated Yesterday.
-Long term Time Frame can Turn Bullish if we Cross 65-66K and Retest it.
-My Prediction is that we go sideways in fear till the Halving.
-I believe Halving becomes a Micro sell the News Event.
-Eventually the 50% reduction in Bitcoin Supply from Mining comes to light and we Pump like nothing Happened.
Remember, Don't Blame Leverage. It's just a Tool. Effective if used by a craftsman who understands it, lethal when used by a Noob. $ETH $SOL #BTC#etf#BinanceLaunchpool#bitcoinhalving#HotTrends #Shib #Memecoins #Doge #Wif #ASI
There have been many people who have made significant profits trading cryptocurrencies and subsequently decided to quit their day jobs or retire early. Here are top 4 success stories:
1) Erik Finman: In 2011, at the age of 12, Erik Finman invested a $1,000 gift from his grandmother in Bitcoin and became a millionaire by the time he was 18. He went on to sell his Bitcoin holdings for over $4 million and has since started his own cryptocurrency education company.
2) Vitalik Buterin: Vitalik Buterin is the co-founder of Ethereum, the second-largest cryptocurrency by market capitalization. He dropped out of university to focus on Ethereum, and his net worth is estimated to be over $1 billion.
3) Jeremy Gardner: Jeremy Gardner was a cryptocurrency trader who made a fortune in the early days of Bitcoin and Ethereum. He reportedly turned a $25,000 investment into over $2 million in just a few years and went on to co-found the blockchain investment firm Ausum Ventures.
4) Taihuttu Family: In 2017, the Taihuttu family sold everything they owned and invested in Bitcoin. Their investment paid off, and they reportedly became millionaires within a few years.
14th April Liquidation Hello Dear Binance fellows. Another day of market red. Almost 90% people are down especially all the one who are doing future trades. Nearly $400M leveraged orders were liquidated in the past 4 hours. Nearly one billion was liquidated in the past 12 hours, with 2 billion liquidated in the last 24 hours. So you can imagine the the situation of the accounts of the people. $BTC bounced back from the psychological support of 60500$ and now trading at 65000$. $ETH Bounced back from 2850$ and now trading $3054. $SOL came down to 116$ and bounced back from here and now trading at 145$. i have shared 120$ buying range. $WIF bounced back from 2$ and now trading at 2.75$ which is good recovery. Things should be stable in next week. I am sure, everyone will recover from this.
How to Avoid Liquidation Hello everyone, I am sure you are not fine because majority of you are in loss and many of you are liquidated and turned your balance into zero. The last day was a disaster for many altcoin trader. But panicking is not a solution. i am here with my own strategy to avoid from liquidation. I am sure it will help.
To avoid liquidation in crypto trading, consider the following strategies: - Use Small fund, Always use small fund in future trading. i recommend 2% to 3% of total fund of your future account wallet. it will help you not to get liquidated. - Risk Management, Set stop-loss orders to limit potential losses on trades. Additionally, use appropriate position sizing and leverage to manage risk. yes you will end in small loss of 5% to 10% but not in 100% loss. - Monitoring, Regularly monitor the market and your positions to stay informed about price movements and potential margin calls. Always keep strict eye on fundamental news. - Diversification, Spread your investments across different assets to reduce the impact of adverse price movements on any single position. Especially add some $BTC $ETH $SOL in your portfolio, They don't go down to much. - Stress Testing, Before entering leveraged positions, consider stress-testing your trading strategy to assess how it would perform under adverse market conditions. otherwise many of you would get panic and not just lose money but severe mental setback. - Trade with market sentiments and Narratives, Always trade with market sentiments and narrative. For example if there is bullish market dont do short trades and vice verse. Always find the narrative. As the last narrative was NFT, Metaverse and Gaming. So you must trade in the top coins of that narrative. - Continuous Education, Stay informed about the latest developments in the crypto market and trading best practices to make informed decisions. Implementing these strategies can help mitigate the risk of liquidation in crypto trading. Follow me and Save Yourself from loses. #BullorBear#Memecoins#BTC#HotTrends#Write2Earn
This Post is gonna help you alot just read till the end. Whenever the market goes down people get panic and made few common mistakes in result they make huge loss. instead do these things, am sure you will not just made yourself keep away from loss but make good profit even in these type of crash. 1. Stick To your Plan. plan is very important for anything in life. So in crypto market it becomes very essential. Before taking any trade,make some plan of buying, DCA and selling. then stick to that plan even you are in 90% loss. 2. Do DCA DCA is very important. we can't neglect the value of DCA in trading. Every crash is an opportunity to enter in the market not just to take down your entry point but to make some quick profit. So always spare some dollars for DCA. DCA will help you alot in not making big loses. 3. Avoid From Future Trade Future trades not just increase the probability of profit and quick profit but also increase the chances of loses. No one can predict the bottom of the crash, so it becomes very lethal to do future Trade in dump. I have seen many people getting liquidated their entire portfolio due to future Trade. so avoid it in crash until unless you are a pro trader. 4. Trust in Yourself Believing yourself is a great thing. have seen many crashes in my life. Now it doesn't affect because have a strong believe that can get out from the break even point. When you believe yourself you don't get panic. When you don't get panic you don't make mistake. 5. Stick to Some Giants coins Always keep some big coins in your portfolio like $BTC $ETH $BNB $SOl $Ada $ DOT $Doge. As they don't go very fast up in the same manner they don't go down to much.
May this Eid bring you joy, prosperity, and blessings to you and your loved ones. Wishing the entire Binance and crypto community a joyful celebration filled with peace and harmony. Eid Mubarak!" Keep me and the People of Ghaza in your prayers. Don't forget to pay your Fitrana before offering Eid Namaz, so poor people can also celebrate Eid.
Two Big projects from no where are rocking in crypto world SAGA is almost 18200% pump while the mighty TNSR is almost 7000% pump. Where do i see these projects, Lets talk about in details.
SAGA SAGA has surged an astonishing 18200% in just one day, marking an unprecedented price spike in the cryptocurrency market. Why Saga is good project. Its so because, Saga is like a special tool that helps computer developers make things called "Chainlets". These Chainlets are like copies of Saga's main system, but they can work independently and do specific tasks. Saga wants to help make lots of these Chainlets for games and fun stuff. It's the only tool that can make more of itself, which is pretty cool. Chainlets have some neat features like being able to do tasks without costing anything, being easy to set up, and being able to work with other systems easily. Also, developers can customize Chainlets however they want. If you are looking for entry Buy Range 1. 6.5$ 2. 6$ 3. 5.2$ 4. 4.5$ 5. 4$ Sell Range 1. 8.2$ 2. 10$ 3. 12$ 4. 15$
TNSR TNSR experiences an incredible 7000% pump within a single day, igniting excitement and interest among cryptocurrency enthusiasts. This remarkable surge reflects unprecedented market activity for the coin. Tensor (TNSR) is the token for the Tensor NFT marketplace on Solana, launched in 2022. It's become a big part of Solana's NFT world, competing with places like Magic Eden. TNSR aims to give its holders a say in how the marketplace grows and runs, making governance more democratic. The Tensor Foundation, new to the scene, plans to use TNSR to involve the community and expand Solana's NFT space. TNSR arrived after a busy time for Tensor, which has handled over $2 billion in Solana NFT trades. It's become a major player in Solana's trading scene. If you are looking for entry Buy Range 1. 1.7 2. 1.5 3. 1.25 4. 1 5. 0.70 Sell Range 1. 2.5$ 2. 3$ 3. 3.4$ 4. 4$ 5.5$ #BinanceLaunchpool#SAGA#TNSR#HotTrends#Write2Earns$BTC
Explore Content For You
Sign up now for a chance to earn 100 USDT in rewards!