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Anonymouz-angel13
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Its right that you know where your hard earnt money goes…we cant be manipulated for ever
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Anonymouz-angel13
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$BTC Bearish 50-51k ,mid week almost middle of the month + wars
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Key Indicator Suggests Bitcoin’s Price Will Double to $140,000 in Three Months This prediction is based on Bitcoin's performance in relation to the upper Bollinger Band, a technical indicator measuring market volatility. The potential for Bitcoin‘s price to surge is a hot topic in the financial world, with some analysts predicting significant growth. A notable analysis by a pseudonymous analyst, TechDev, shared with their 440,000 followers on social media, suggests that Bitcoin could see its price double from its current $69,000 within three months. This prediction is based on Bitcoin’s performance in relation to the upper Bollinger Band, a technical indicator measuring market volatility. According to TechDev, “every time Bitcoin had done this in the past, its price had doubled within the next three months.” If this pattern holds, Bitcoin could hit approximately $140,000 by July. Bollinger Bands, used in this analysis, are a technical analysis tool that indicates the momentum and volatility of an asset within a specific range, with prices near the upper band typically signaling an overbought condition. However, while Bollinger Bands can provide insights, they are more reactive than predictive, relying on past price actions and volatility. Their effectiveness can vary significantly across different market conditions. Beyond technical indicators, significant optimism about Bitcoin’s future price comes from influential figures in the financial sector. Anthony Scaramucci, CEO of SkyBridge Capital, voiced on CNBC his belief that Bitcoin’s value could soar to $170,000 during this cycle and potentially reach a market cap half that of the global gold market. This implies a dramatic increase to around $400,000 per Bitcoin, given the current market caps of Bitcoin and gold. Scaramucci highlighted the role of recently approved spot Bitcoin exchange-traded funds (ETFs) in driving up demand, noting that nine out of ten such ETFs have already seen over $12 billion in net inflows. $BTC
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82-84k$BTC
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I dont like to brag but you can see in various comments that i replied to about saga price, my prediction was 5.50-7$ and i was perfectly right as always 😎
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Bitcoin Needs to Breach $80K Mark to Keep Mining Profitable After Halving According to Cointelegraph: Bitcoin (BTC) is significantly dependent on its pricing to make mining profitable post the upcoming halving, with its threshold set above $80,000. CryptoQuant's CEO, Ki Young Ju indicates that the costs of mining with Antminer S19 XPs will effectively double from $40,000 to $80,000 once the Bitcoin halving event transpires in mid-April. CryptoQuant CEO on the Bitcoin halving. Source: Ki Young Ju The Bitcoin halving, a milestone that slashes miners' block reward by half every 210,000 blocks or roughly every four years, majorly influences miner behavior apart from its indirect impact on BTC's price. After the May 2020 halving, the threshold at which mining remains profitable surged beyond $30,000. This elevation was echoed by BTC's price reaching a new all-time high of $69,000 in the same cycle. Average Bitcoin mining cost. Source: MacroMicro With the forthcoming halving slated for April 20, average mining costs are predicted to exceed $80,000. To ensure mining remains a profitable venture, BTC's price must surpass this level. Historical data suggests that post halving, BTC prices experience significant spikes. Following halving events in 2012, 2016, and 2020, Bitcoin showcased impressive price hikes of around 9,000%, 4,200%, and 683%, respectively. Bottom line, even amidst apprehensions, miners have managed to retain profitability post-halving events. Though there is an interim phase when the BTC price lies beneath the profitability margin for miners—the aftermath invariably records price surges that exceed average mining costs.
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