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Investing versus trading... #investing #trading #cryptopmyoutube #DYOR #BTC
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After Halving 2020 & Halving 2016 BTC moved sideway in 3-5 months before a real bullrun effect. Historically A fact was there was a sell pressure from miners with their outdate-mining-equipments. When the finished selling, shock supply liquidity started and price started booming . . . There is a big difference at the moment when we observe a huge demand from ETF. Miners are still selling but It is not too small compared ETFs demand, especially HONGKONG ETF at 30th April So the consolidation will take 2 months or 5 months like past ? I think with the demand of ETFs, the consolidation time will be shorter. #bitcoin #Halving2024
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This highlighted part of the last cycle is so tricky -50% to -70% drawdown in like 3 days on the whole market including ETH and BTC $BTC down more than 50% from its top during several weeks... to finally get back into bull mode... and then top barely higher than in April 21 If this happens again during this cycle, I am not sure if I will be able to manage it correctly. #ETH #BTC #ETH
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💰 Bitcoin Profit ratio of current supply is 88.8% The last time this level was reached was on February 7, 2024, when the price was $44,000. @Binance News #bitcoinhalvingn
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🔥 Crypto trader turns $9,770 into $10 million during crypto launch 🚀 This guy spent 64.5 $SOL($9,769) to buy 97.36M $GUMMY in the same block where the $GUMMY deployer added liquidity. Now, the 97.36M $GUMMY is worth $10M. @Binance News #CryptoPM
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#Bitcoin Network transaction fees hit an all-time high, reaching 75% Influenced by rune mining activity, #Bitcoin miner revenue on April 20 reached $106.7 million, 75.444% of which came from network transaction fees, an ATH 📈 #bitcoin #BTC
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