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#Write2Earn #TrendingTopic #TradeNTell #BTC #AltcoinBoom! Bitcoin Testing the Final Resistance Before the ‘ATH’: When Will the AltSeason Begin? Bitcoin halving is just 52 days away, and the BTC price is only 20% away from its current ATH at $68,789.63. Besides, the spot ETF inflows are marking new highs, which has been one of the major reasons that the BTC price recovered from the FTX fiasco in just 16 months. Looking at the broader market figures, the altcoins maintain their calmness without recording huge bullish candles.  Now that the BTC price is close to record new highs, when will the altcoins be on their journey to the ATH? It is worth noting that Bitcoin is close to its ATH and has also achieved new highs in various parts of the world, but altcoins are way behind their target, due to which the start of an AltSeason may differ.  The altcoin market cap has cleared one of the key resistance levels at $936.44 billion and is heading to reach the milestone of $1 billion. Therefore, once the levels hit the milestone at $1 billion, a minor retracement can be expected, which may not be a pullback as the markets may continue to remain under bullish influence. One of the popular analysts, anonymously known as LordBright, says that the Bitcoin price may find its new highs somewhere in April or May and hence the AltSeason may also begin at the same time, after the Bitcoin halving. $BTC $BNB $XRP

#Write2Earn #TrendingTopic #TradeNTell #BTC #AltcoinBoom! Bitcoin Testing the Final Resistance Before the ‘ATH’: When Will the AltSeason Begin?

Bitcoin halving is just 52 days away, and the BTC price is only 20% away from its current ATH at $68,789.63. Besides, the spot ETF inflows are marking new highs, which has been one of the major reasons that the BTC price recovered from the FTX fiasco in just 16 months. Looking at the broader market figures, the altcoins maintain their calmness without recording huge bullish candles. 

Now that the BTC price is close to record new highs, when will the altcoins be on their journey to the ATH? It is worth noting that Bitcoin is close to its ATH and has also achieved new highs in various parts of the world, but altcoins are way behind their target, due to which the start of an AltSeason may differ. 

The altcoin market cap has cleared one of the key resistance levels at $936.44 billion and is heading to reach the milestone of $1 billion. Therefore, once the levels hit the milestone at $1 billion, a minor retracement can be expected, which may not be a pullback as the markets may continue to remain under bullish influence. One of the popular analysts, anonymously known as LordBright, says that the Bitcoin price may find its new highs somewhere in April or May and hence the AltSeason may also begin at the same time, after the Bitcoin halving. $BTC $BNB $XRP

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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#bitcoinhalving #BullorBear #BTCHalvingApril2024 #BinanceACGroup #BinanceSquareCreator Bitcoin Price Tests Support Of This Pattern Amid Rising Inflation! Will BTC Price Plunge Hard? Bitcoin has been experiencing a downward trend for over 48 hours as investors eagerly awaited the release of CPI data. Following the recent release of CPI data, which surpassed expectations, BTC’s price felt the pressure and extended its decline towards weekly support levels. Analysts are now expressing concern, as breaching the pattern’s trend line could trigger bearish control. Bitcoin Struggles Amid Rising Inflation Following the U.S. Bureau of Labor Statistics’ report of a 0.4% rise in the Consumer Price Index for March, both Bitcoin and Ethereum experienced declines exceeding 2.5%. This indicates that inflation in March remained almost the same as it was in February, standing at 3.5%, as per the latest data from the Bureau of Labor Statistics (BLS). High inflation rates pose challenges for both crypto markets and stocks. This is because if inflation stays higher, it’s unlikely that the U.S. Federal Reserve will decrease federal interest rates. The existence of high interest rates strengthens the attractiveness of traditional safe investments like treasury bonds compared to crypto assets. At a Stanford University event, Federal Reserve Chairman Jerome Powell expressed confidence that the Fed wouldn’t increase rates in the short run. However, he also highlighted that there’s no urgency to decrease rates either. Last week, the U.S. Bureau of Labor Statistics provided an update on employment data, indicating a rise in payrolls for March with the unemployment rate remaining steady at 3.8%. Despite this, the announcement didn’t do well for crypto markets, which experienced a decline last week. The BTC/USDT pair is currently retesting the pattern’s ascending support line at $67K. While buyers are strongly defending the support line, a decline below this level could set the stage for the pair to trigger intense selloff, leading to a decline toward the support zone
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#BullorBear #bitcoinhalving #fintech #BinanceACGroup #BTCHalvingApril2024 Get ready for the financial revolution as New York FinTech Week 2024 kicks off from April 8th to April 12th in the heart of the financial world – New York City. This annual event is a testament to the thriving and dynamic landscape of the fintech industry, bringing together innovators, entrepreneurs, investors, and enthusiasts for a week of collaboration, learning, and networking. New York FinTech Week is not just a conference; it's a comprehensive and inclusive collaboration of the entire startup ecosystem. The week-long series of events encompasses a diverse range of fintech initiatives, catering to a broad audience. From high-profile conferences featuring industry leaders to intimate, invitation-only roundtables fostering deep discussions, and free community events open to all, there's something for everyone. This year’s agenda promises to cover the latest trends, breakthrough technologies, and regulatory developments shaping the fintech landscape. Attendees will have the opportunity to gain insights from thought leaders, participate in engaging panel discussions, and connect with like-minded professionals from around the globe. Whether you're a seasoned industry veteran or a newcomer eager to explore the world of financial technology, New York FinTech Week 2024 is the must-attend event to stay at the forefront of innovation and foster meaningful connections in the ever-evolving fintech ecosystem. Mark your calendars and get ready for a week that will shape the future of finance!$BTC $ETH $BNB
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