#BTC is still above $60K. Halving is just 1 & Half days awa

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#BTC is still above $60K. Halving is just 1 & Half days away. #BTC needs to hold $60K,Otherwise deep correction phase will start. Next Support Cluster is present all the way deep $51K. Short-term Hodlers use SL. Long term Hodlers Just chill.

#BTC  is still above $60K.
Halving is just 1 & Half days away.
#BTC  needs to hold $60K,Otherwise deep correction phase will start.
Next Support Cluster is present all the way deep $51K.
Short-term Hodlers use SL.
Long term Hodlers Just chill.

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Negative Funding rates across the board. #BTC is in Accumulation zone. Just a simple tip!

What is Halving? Halving is when the reward for bitcoin mining is cut in half to reduce the amount of coins in circulation. It happens about every 4 years. Does Bitcoin go up after halving? Bitcoin rose 8,069% in the 12 months after the 2012 halving, 284% following the 2016 halving and 559% after the 2020 halving.“It's pretty much Economics 101” that bitcoin prices go up after halving, according to Sevens Report analyst Tom Essaye, who explained that so long as demand doesn't decrease and new supply goes. Why Bitcoin needs halving? The core objective of halving is to tackle inflation concerns within the Bitcoin ecosystem. Inflation, the erosion of a currency's purchasing power over time, threatens economic stability. Halving addresses this by reducing the rate of new coin issuance and maintaining scarcity. Will Bitcoin halving affect other coins? Understanding Bitcoin halving is important for anyone involved in crypto because it doesn't just affect Bitcoin. When its supply is reduced through halving, and if the demand stays constant or increases, we often see a ripple effect on the prices of other cryptocurrencies. Conclusion: 👉#BTC Halving phenomenon to be occurred on 20 April 2024 Approx. 👉#BTC will create new Top in 1st Quarter of 2025. 👉According to me #BTC is GIGA BULLISH after halving. NFA

⚡️⚡️#LRCUSDT ⚡️⚡️ 🟢LONG/BUY : $0.2381 - $0.250 🏹Targets:- $2783 - $0.3057 - $0.3354 - +👩‍🚀 ❌Stop Loss $0.2040 ‼️Leverage: 20.0X To 10.0X ( Use Leverage according to your risk management ) 👉Use only upto 5% of Total Funds NFA

#BTC massive bids are present around $60K Approx. Price should recover from this zone. otherwise #BTC will be in trouble for sure. NFA

#BTC.D 1D Update: #BTC Dominance is showing Bearish Signals on 1D after forming clear Bearish Engulfing Candles. I m looking for Bearish structures forming on LTFs Also. Current Top for Bitcoin Dominance is 57%. Near support for Bounce zone is 55%. Pump is coming In Alts. Keep close on Alts in coming days . NFA

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