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Blockchain analysis firm Santiment maintained its optimistic outlook for the cryptocurrency after Bitcoin fell more than 5% from its peak of $44,000 this week.
In its latest post, Santiment reported that investors tend to move their assets to crypto exchanges following the recent volatility in Bitcoin. In addition, the Santiment report highlighted the amount of USDT on cryptocurrency exchanges, noting that the stablecoin has increased by close to 7% compared to 6 months ago. This was interpreted as a positive development as it reflects the potential for investors to buy cryptocurrencies based on the fact that they are waiting in USDT on crypto exchanges.
$BTC
#btcanaliz
#BTC🔥🔥
#btcusdt
#btc
In its latest post, Santiment reported that investors tend to move their assets to crypto exchanges following the recent volatility in Bitcoin. In addition, the Santiment report highlighted the amount of USDT on cryptocurrency exchanges, noting that the stablecoin has increased by close to 7% compared to 6 months ago. This was interpreted as a positive development as it reflects the potential for investors to buy cryptocurrencies based on the fact that they are waiting in USDT on crypto exchanges.
$BTC
#btcanaliz
#BTC🔥🔥
#btcusdt
#btc
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✅Our Btc analysis continues to be successful ✅
As of February 14, when BTC was 70-71k, our analysis pointed to 56-55k, opening 1-2 candles with our arrows will lead to the target ;)
✅New review✅
If we do not go below 62817, it does not pose a problem on the daily chart. If we go down, if we do not get a reaction from the 56-54800 region, it will go to the target and if it goes below, it will follow the supports. A 1-2 candle daily closing below 56129 will already take us to the bottom.
🩸 Eid al-Adha is coming soon 🐂 Religious holidays lose value in general, let's see if it surprises us again :)
Until June, everything is positive for now, but the needles that will come to the bottom will throw needles to liquidate, altcoins will stay solid from now on, they will not make a new bottom, even if BTC drops a needle to the bottom.
Unless the monthly close is above 73 thousand dollars, forget about the mega bull for a long time. On the contrary, the target will be between 52-48. Take care of yourself, stay tuned ;)
(My comments and ideas are not investment advice, open your own transaction according to your own opinion, I do not gain or lose anything from you.)
Good luck to everyone ❣️
🍀
$BTC
$ETH
$GRT
#CryptoWatchMay2024 #BinanceSquareTurkey #binance #btcanaliz
#test_account:binancesquare
As of February 14, when BTC was 70-71k, our analysis pointed to 56-55k, opening 1-2 candles with our arrows will lead to the target ;)
✅New review✅
If we do not go below 62817, it does not pose a problem on the daily chart. If we go down, if we do not get a reaction from the 56-54800 region, it will go to the target and if it goes below, it will follow the supports. A 1-2 candle daily closing below 56129 will already take us to the bottom.
🩸 Eid al-Adha is coming soon 🐂 Religious holidays lose value in general, let's see if it surprises us again :)
Until June, everything is positive for now, but the needles that will come to the bottom will throw needles to liquidate, altcoins will stay solid from now on, they will not make a new bottom, even if BTC drops a needle to the bottom.
Unless the monthly close is above 73 thousand dollars, forget about the mega bull for a long time. On the contrary, the target will be between 52-48. Take care of yourself, stay tuned ;)
(My comments and ideas are not investment advice, open your own transaction according to your own opinion, I do not gain or lose anything from you.)
Good luck to everyone ❣️
🍀
$BTC
$ETH
$GRT
#CryptoWatchMay2024 #BinanceSquareTurkey #binance #btcanaliz
#test_account:binancesquare
✅Our Btc analysis is going well ✅
-Analysis Update-
→ It received support from 68.5-68.6 K. If it puts healthy candles above 74 K, 82-83 K will come.
→ If 68 thousand last castle falls, bitcoin will drop to 54-55 thousand dollars.
(We look forward to your support and likes :)
#bitcoinanaliz #SatoshiNakamoti #satoshi #pump #Write2Earn
$BTC
$ETH
$SOL
-Analysis Update-
→ It received support from 68.5-68.6 K. If it puts healthy candles above 74 K, 82-83 K will come.
→ If 68 thousand last castle falls, bitcoin will drop to 54-55 thousand dollars.
(We look forward to your support and likes :)
#bitcoinanaliz #SatoshiNakamoti #satoshi #pump #Write2Earn
$BTC
$ETH
$SOL
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The formation will be canceled when it closes below 40900 -40 K, but everything is fine for now.
#btcusdt #btcanaliz #BitcoinDunyamiz #ALTCOİN
You can follow our page to stay on the agenda, we look forward to your support.🚀
#btcusdt #btcanaliz #BitcoinDunyamiz #ALTCOİN
You can follow our page to stay on the agenda, we look forward to your support.🚀
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#Write2Earn #Kriptocutrader #btcanaliz While I was playing ball in the village, my friend was coming to the city. He would come to the village on weekends.
He told us about bitcoin. He said it would be good if you buy Bitcoin. We did not listen to that friend. Now I wish I had done what you said.
Now I haven't seen that friend for a long time.
Who knows in which country now?
He told us about bitcoin. He said it would be good if you buy Bitcoin. We did not listen to that friend. Now I wish I had done what you said.
Now I haven't seen that friend for a long time.
Who knows in which country now?
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Standard Chartered Announces Year-End 2023 and 2024 Price Forecast for Bitcoin
Standard Chartered analyst Geoff Kendrick predicted earlier this year that Bitcoin could reach $100,000 next year. But he now believes that this estimate may be too conservative, especially considering the profitability of Bitcoin miners.
In a recent note, Kendrick reiterated his end-2024 Bitcoin price target of around $100,000, but added that there could be potential upside due to reduced miner sales. In another email, he noted that his $120,000 price target is valid, representing an upside of approximately 300% from current levels. He also expects Bitcoin to rise 67% to $50,000 this year.
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Coinbase Announces That It Will List 4 Major Altcoins in Futures!
Kendrick estimates that just under 100% of all Bitcoin produced by miners was sold in the second quarter. However, he expects miners to start selling less over time. This usually happens when the price of Bitcoin exceeds the average all-cash cost of mining.
“If the Bitcoin price averages $50,000 in the first quarter of 2024, as we estimate, the 'Bitcoin minus all cash costs' calculation will increase to $30,000,” Kendrick wrote and added:
“On this basis, selling just 27% of Bitcoin mined in Q1 2024 would yield the same absolute cash surplus as selling 100% in Q2 2023.”
#Kriptocutrader #BitcoinDunyamiz #btcanaliz #BTC🔥🔥 #Bitcoin.
Standard Chartered analyst Geoff Kendrick predicted earlier this year that Bitcoin could reach $100,000 next year. But he now believes that this estimate may be too conservative, especially considering the profitability of Bitcoin miners.
In a recent note, Kendrick reiterated his end-2024 Bitcoin price target of around $100,000, but added that there could be potential upside due to reduced miner sales. In another email, he noted that his $120,000 price target is valid, representing an upside of approximately 300% from current levels. He also expects Bitcoin to rise 67% to $50,000 this year.
Related News
Coinbase Announces That It Will List 4 Major Altcoins in Futures!
Kendrick estimates that just under 100% of all Bitcoin produced by miners was sold in the second quarter. However, he expects miners to start selling less over time. This usually happens when the price of Bitcoin exceeds the average all-cash cost of mining.
“If the Bitcoin price averages $50,000 in the first quarter of 2024, as we estimate, the 'Bitcoin minus all cash costs' calculation will increase to $30,000,” Kendrick wrote and added:
“On this basis, selling just 27% of Bitcoin mined in Q1 2024 would yield the same absolute cash surplus as selling 100% in Q2 2023.”
#Kriptocutrader #BitcoinDunyamiz #btcanaliz #BTC🔥🔥 #Bitcoin.
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Bitcoin is correcting after the perfect rises, the scenario we expected is happening anyway, December correction, I said we are expecting a Bull between January and June, I did not sell 1, I continue to buy the projects I like, I will buy 2 more altcoins today with the team 🤚
#Bitcoin #BTC #Btcanaliz $BTC
#Bitcoin #BTC #Btcanaliz $BTC
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Bitcoin ETFs Added 151K BTC in January!
Grayscale Bitcoin Trust (GBTC) sold 132,195 Bitcoins in January, reducing its stock by 21%. Nine other ETFs grew by adding a total of 151,006 Bitcoins. The 10 spot Bitcoin ETFs, whose total assets increased by 3%, reached 656,421 BTC on January 31. According to data from BlackRock's iShares Bitcoin Trust (IBIT), IBIT added 2,712 BTC on the last day of January. However, there is a discrepancy between Arkham Intelligence's data and IBIT's statements. You May Be Interested In: Crypto Teacher Had His Students Steal $1 Million! Even though 10 spot Bitcoin ETFs added 3% to their total assets in January, the price of Bitcoin has increased by 8% in the last 30 days. While the launch of Spot Bitcoin ETFs in the US is considered a “selling news” moment, experts suggest there may be further pressure on the futures market. ARK Invest CEO Cathie Wood says the long-term perspective is still promising While stating that it is, he predicted that it is expected to “sell the news” of spot Bitcoin ETF approval in the short term.
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#BitcoinDunyamiz #BTC/USDT #btcanaliz #BTC🔥🔥 BTC If 38,400 $BTC comes during the correction, the next bull run will be 48,400 $BTC level...
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$BTC düşüşe mi geçiyor?
Ekteki grafik 01.09.2023'te
bugün geldiğimiz nokta çok ilginç. Eğer bu hafta iyi bir haber gelmezse piyasalara güzel bir düşüş gelebilir. 43 bin üstünde kapanış alamayan bitcoin 37 bine kadar geriler. Hadi kolay gelsin
bugün geldiğimiz nokta çok ilginç. Eğer bu hafta iyi bir haber gelmezse piyasalara güzel bir düşüş gelebilir. 43 bin üstünde kapanış alamayan bitcoin 37 bine kadar geriler. Hadi kolay gelsin
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#btcanaliz The digital world is advancing at an incredible pace. ₺BTC and its sub-derivatives, which are the only unifying power of people with completely different views of culture, art, literature and life in different parts of the world, are destroying and will continue to destroy stereotyped economic norms. This destruction will continue its rapid or slow progress. In my opinion, the biggest factor causing the slowdown is that policy determination remains tied only to #btc . If#BTCsneezes, the entire market being sick prevents this slowdown and transformation. As long as market digital assets do not come out of BTC's monopoly, the problem of trust in this digital world will continue.
#Nft2bager
#Nft2bager
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I saw $DENT double bottom but will it come 😁✒️💸
#Kriptocutrader #BitcoinDunyamiz #BTC🔥🔥 #btcanaliz #btc
#Kriptocutrader #BitcoinDunyamiz #BTC🔥🔥 #btcanaliz #btc
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Shiba Inu Cremation Rate Increases, Shibarium Development Increases Future Price Potential
Stay tuned, more to come.
#BitcoinDunyamiz #btcanaliz Z#btchalving2024
Stay tuned, more to come.
#BitcoinDunyamiz #btcanaliz Z#btchalving2024
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#BitcoinDunyamiz #btcanaliz #btcusdt #BTC🔥🔥 First of all, it is not investment advice. I made additions to the table I shared before. If it continues horizontally like this, I will share 43k and above after analyzing them.