Useful Information for the Reader

Bitcoin and especially new meme coins offer significant profit opportunities for investors.
Newly launched projects like WIF can gain high trading volume and investor interest in a short time.
Events such as 'golden cross' and Binance listing are among the important developments that can increase the value of a cryptocurrency.
WIF Coin's ecosystem and market position strengthen the long-term demand expectation.
As a result, the rise of both Bitcoin and new meme coins can be interpreted as a sign of a new revival in the cryptocurrency market. If WIF continues to attract investor interest, it could reach its $5 target and set new records.

#Binance #Bitcoin #memecoin⁠⁠⁠⁠

Useful Information for the Reader

The $65,200 level is expected as immediate support.
The first important support point is $64,600, followed by $64,000.
A break below $64,000 could raise new support levels at $62,500 and $60,500.
4-hour MACD and RSI indicators, which show that the upward momentum is weakening, increase the importance of investors closely monitoring support and resistance levels.
Finally, for Bitcoin investors, the support areas of $ 65,200 and $ 64,500 and the resistance levels of $ 66,600, 67,000 and $ 67,950 are among the critical points that should be closely monitored.
#btc #Binance #web3

Total net inflows into Bitcoin spot ETFs were $39.47 million yesterday, according to SoSoValue. Grayscale ETF (GBTC) experienced a net outflow of $81.86 million in a single day, and historical net outflow of GBTC currently stands at $1.515 billion.

The Bitcoin spot ETF with the highest single-day net inflow was the BlackRock ETF (IBIT), with a net inflow of approximately $150 million. Notably, the Ark Invest & 21Shares ETF (ARKB) saw a net outflow of $87.49 million in a single day, marking two consecutive days of net outflow.
While the cumulative capital inflow into Bitcoin spot ETFs was $12.08 billion, the amount of assets under management of ETFs reached $55.11 billion.

Monday, April 1:

Production PMI data will be announced in the USA (Expected: 52.8 Previous: 52.2)
Coinbase's application to the CFTC for LTC, DOGE and BCH is expected to be finalized.
Different altcoins may share unexpected announcements as a joke due to April 1.
Tuesday, April 2

FET, AGIX and OCEAN will initiate a vote on the merger.
FED officials Cook, Bowman, Mester and Daly will speak
The altcoin named Cosmos (ATOM) is expected to make an announcement.
Aptos DeFi Days event will begin.
Binance's latest Launchpool project, Ethena (ENA), will be listed.
Wednesday, April 3:

EU Annual Inflation Rate (CPI) data will be announced (Expected: 2.5% Previous: 2.6%)
Türkiye Annual Inflation Rate (CPI) will be announced
US ADP Nonfarm Employment Change data will be announced (Expected: 149K Previous: 140K)
FED President Jerome Powell will give a speech.
Binance will delist 3 altcoins named PNT, MOB and DREP.
Thursday, April 4:

Bitcoin Cash (BCH) halving will take place.
US Unemployment Claims data will be announced (Expected: 214K Previous: 210K)
Friday, April 5:

US Non-Farm Employment data and Unemployment Rate will be announced.
FED officials Barkin and Bowman will speak.
#Binance #btc #USDT #web3 #SEC

Ethereum and Altcoins May Outperform Bitcoin
Cryptocurrency analyst Jason Pizzino claimed that Ethereum (ETH) and other altcoins are poised for a major rally compared to Bitcoin (BTC). According to Pizzino, the ETH/BTC parity may experience a breakout in the coming months and this may occur in May or June. The analyst reminded that Ethereum showed a significant rise after a period when Bitcoin peaked in the past, and pointed out that a similar situation could occur again.

Pizzino stated that the market has great return potential for altcoins and the ETH/BTC parity is an indicator of this rise. He stated that after a month in which Bitcoin reached all-time highs, there was a decline and this was followed by the increase of Ethereum.

Commenting on Solana (SOL), Pizzino stated that Solana was seen as a weak cryptocurrency in previous cycles, but is now stronger and a similar rise can be expected in a period when Bitcoin reaches new record levels. He shared the information that Solana was traded at $196, with a decrease of approximately 1.5% in the last 24 hours at the time of writing.

ETH/BTC parity may break in the coming months and indicate a big rise,
After a period in which Bitcoin reached record levels, an increase was observed in Ethereum and other altcoins,
While Solana was weak in the previous cycle, it has now become stronger and has bullish potential.
As a result, analyst Jason Pizzino emphasizes that Ethereum and other altcoins have significant upside potential against Bitcoin and that investors should follow possible breaks in the ETH/BTC parity. He also points out that based on Solana's past performance, it is among the cryptocurrencies that are expected to rise in current market conditions.

Cash Flow and Crypto

Accelerating cash flow is essential for a rally, and we have long seen this support the price with strong demand in the ETF channel. Moreover, the expectation that relaxation on the macroeconomic front will begin now paves the way for more optimism in risk markets, especially for BTC.
According to data compiled by CryptoQuant from US-based crypto exchange Coinbase, the largest USD Coin (USDC) stablecoin inflow was recently seen, with a total of $1.4 billion. Analysts believe this increase in US-based stalecoin deposits reflects increased participation in the crypto market.

The growth of stablecoin deposits paves the way for new rallies in Bitcoin and altcoins. On the other hand, demand in the ETF channel has been 8-20 times larger than daily issuance for a long time. This points to a process in which the supply shortage can be better understood, with the effect of block rewards that will decrease by half in April. Historically, the halving event has always triggered strong rallies in the BTC price.

Bitcoin is Entering the Halving Month, So What Are the Predictions?
BTC price continues the day at $69,855 and altcoins are consolidating. So what is the scenario for halving? After months of Bitcoin's rise, investors are convinced of further price increases. Historical data also says that the BTC price may continue to rise during the halving period.
Bitcoin April Predictions

Since September 2023, Bitcoin has consistently been rising above the previous month's peak, and this continued in March. Now, as we live the last hours of the first quarter of the year, the price is on the threshold of $ 70,000. So, has such a strong rise been experienced before?
BTC last saw its 7-month upward streak in 2012, when its price climbed from $4.89 to $12.37. It was also noteworthy that the price dropped by 10 percent after this rally. Analysts at crypto firm Matrixport said that in 2012, a 10% decline occurred the following month, followed by six consecutive months of positive returns.
Accordingly, Bitcoin rally may continue after a short break. This view seems promising, as the price has experienced a 10 percent loss similar to the previous one and entered a consolidation process in the current period.

Bitcoin rose above $70,000 on the last trading day of the first quarter of the year with strong buying pressure. Until the end of the week, $69,000 served as an interim support level. There was an increase of approximately $1,000 with the statements of American Federal Reserve Chairman Jerome Powell.

Fed Chairman Powell's Attitude

Powell took a calm stance on inflation and the economic outlook and stated that they would not be in a hurry to cut interest rates. According to CME Group's FedWatch indicator, the probability that the Federal Open Market Committee's upcoming meeting will result in a rate cut is seen as 61%.

Bitcoin (BTC) Price Analysis

Analysts focusing on the future of Bitcoin price think that price levels will be determined by weekly, monthly and quarterly candle closings. Rekt Capital, a popular trader, states that a close above $69,000 could be a historical high for Bitcoin.

Rekt Capital says Bitcoin will approach a major breakout if the weekly close is above $69,000. Another analyst, Kevin Svenson, has an optimistic expectation based on on-chain data and technical indicators.

Svenson suggests that the MACD oscillator on daily time frames is positioned for an increase, which could see Bitcoin reach a record-breaking price level of over $74,000.
#btc #USDT #CryptoNews🚀🔥

Bitcoin Price Prediction

Bitcoin (BTC/USD) is showing signs of consolidation in the recent trading session and is trading near the $68,520 pivot point.

Currently, Bitcoin is struggling to move towards the $71,535 resistance. If buying interest increases and this level is breached, an upward momentum is expected for Bitcoin towards higher resistance levels at $73,543 and $75,116.

Conversely, on the downside, Bitcoin will attempt to hold onto the $66,461 support point, with lower potential buying interest at $63,941 and $60,000.
The current price is located just below the 50-day EMA ($68,595), indicating that the market is generally balanced. The Relative Strength Index (RSI) is neutral at 56, indicating that there is room for movement in the market, with neither being overbought nor oversold.

Given this situation, as Bitcoin's price continues to remain above the pivot point, the overall trend of BTC/USD may trend from neutral to bullish.

Bitcoin Market Evolution: Moving Beyond the Four-Year Cycle

Bitcoin is on the verge of another halving event, raising expectations of significant changes in the market. Bitcoin price exceeding $73,000 could be a signal of transformation in market dynamics, driven by institutional investments and potential ETF approvals.

Challenges such as inflation, mining industry issues, and U.S. political dynamics have the potential to impact market trends.

The upcoming halving could alter the traditional four-year Bitcoin cycle, leading to a more consistent market structure dominated by institutional investors. This evolution could increase market stability, but could be a departure from Bitcoin's original decentralized structure.

This could support sustainable growth by encouraging further integration of Bitcoin into the global financial system. While the Bitcoin halving has the potential to redefine market cycles, increased institutional investment could contribute to a more stable market structure.

Increasing Bitcoin adoption by countries could help increase global adoption and reduce market volatility. This could further solidify Bitcoin's place in the financial world, influencing overall market dynamics and the future role of cryptocurrencies.

BlackRock CEO Fink Embraces Bitcoin: IBIT Becomes the Fastest Growing ETF

BlackRock CEO Larry Fink's strong optimism towards Bitcoin represents a notable shift in the industry.

Fink demonstrated his confidence in Bitcoin, especially highlighting the rapid growth of products such as Bitcoin ETFs (IBIT), which have assets exceeding $17.2 billion.

This marks a significant change in attitude towards cryptocurrency and strengthens Bitcoin's viability as an investment.

Fink's bullish comments on Bitcoin increase confidence in the market, and IBIT's success demonstrates the strong retail demand and broad market potential for Bitcoin.

Additionally, Fink's positive take on Ethereum ETFs indicates growing institutional interest in cryptocurrencies, which could encourage greater trust and investment in digital currencies.

Brazil's B3 Exchange to Launch Bitcoin Futures in April and Increase Crypto Accessibility

Brazil's B3 Exchange announced plans to launch Bitcoin futures trading on April 17. These futures will be tied to the Nasdaq Bitcoin Reference Price and will be based on financial settlement rather than physical Bitcoin transfers.

This initiative aims to offer new opportunities for investors looking to hedge Bitcoin price risk and gain exposure to Bitcoin investment.

This move by B3 is seen as an important step in Bitcoin's deeper integration into the Brazilian financial market. This development may increase interest in Bitcoin, especially for institutional investors, and help stabilize Bitcoin price fluctuations.

B3's Bitcoin futures are planned to be launched in April based on the Bitcoin price determined by Nasdaq. These futures transactions offer investors the opportunity to hedge Bitcoin's financial risks while also providing the opportunity to invest in Bitcoin.

Google Adopts Bitcoin

Google's move to index Bitcoin blockchain data and offer search analytics on transaction and wallet balances marks a significant change since the Bitcoin advertising ban was lifted.

While this development has the potential to increase Bitcoin's visibility and adoption, it may also raise privacy concerns.

Despite these innovations, search trends for Bitcoin are still at high levels. This can be considered as an indicator of continued interest in cryptocurrency and increasing investment potential.

Google's presentation of Bitcoin transaction details in search results may increase the accessibility of this digital currency and lead more people to turn to cryptocurrencies. However, it should be noted that such transparency also raises some privacy issues, especially in an environment where transactions and balances are publicly accessible.

The strong interest in Bitcoin-related exploration activity points to its sustainable investment potential. This trend shows that the role of cryptocurrencies in financial markets and their adoption by society continues to increase.

Bitcoin Price Forecast: Increase in Transaction Volume May Point to a New Peak
The price of Bitcoin is trading with a transaction volume of $25 billion, changing hands at $69,485, a decrease of 1.50%.

Google's adoption of blockchain data shows that mainstream acceptance of the cryptocurrency is increasing, increasing optimism about Bitcoin's price predictions. This indicates that Bitcoin may move towards all-time highs.

This development represents a significant moment in the integration of cryptocurrency into the wider financial world. Cryptocurrencies, and Bitcoin in particular, are becoming more integrated with traditional financial systems, further strengthening the future potential and acceptance of these digital assets.

The increasing interest of major technology companies such as Google in blockchain and cryptocurrencies indicates that innovation and growth in this field will continue. This integration paves the way for more widespread use of Bitcoin and other cryptocurrencies in financial services.

Ripple Draws Attention With The Penalty It Faces

Ripple, which has been in a legal battle with the US Securities and Exchange Commission (SEC) for years, may now be facing a penalty of nearly $2 billion. A formal response to the SEC case will be issued next month, and if there is a negative outcome, investors could be negatively affected. How does this affect XRP Coin whales?

XRP Coin Market and Value

The circulating supply of XRP Coin increased and its market value grew, but its unit price could not exceed the peak of $1.35. This increase puts pressure on the price. The approximately $2 billion penalty requested by the SEC exceeds Ripple's cash reserves, which may require additional sales of XRP. However, it is unclear how much spot markets can accommodate the large supply of XRP.

The Status of XRP Coin Whales

An increase in the number of XRP Coin whales is observed. The number of whale addresses increased on March 28, indicating demand that could lead to an increase in price. XRP Coin, unlike other cryptocurrencies, is below the $1 threshold and whales can benefit from this situation. Increasing activities and price fluctuations in the XRP network are also noteworthy.

Technical analysis shows that the $0.58 support is critical for XRP Coin. It is predicted that if this support is broken, the price may drop to $0.51. While the penalty faced by Ripple and these uncertainties in the market may pose a risk for investors, it can be seen as an opportunity for whales.

2024 has started off great for cryptocurrencies, and long-term optimism has been justified following the ETF approval. While talking about the rise that will occur after spot Bitcoin ETFs in the months, we saw that most experts were waiting for a big news sell case in the opposite direction. After the fake drop, Bitcoin reached a record high of $73,777. So what will happen in April?
LINK Coin Comment
Yes, now the RWA issue has begun to be mentioned more by world's leading figures such as BlackRock CEO. We have been answering the question of why Chainlink is a strong player in this field for a long time. Moreover, thanks to the LINK staking structure, the token benefit has also been increased. Let's open a small parenthesis. Despite all the optimism and the potential in the RWA field, will the consideration of staking services as investment contracts in the example of the Coinbase exchange affect Chainlink in the coming period? This is a risk, and if we see this after months, we will wonder, "I wonder if it will happen?" We will remember what we said.
A significant portion of the gains were erased from the weekly chart. After a peak above $20.7, LINK Coin price fell back below $19. The decline is not surprising after the 2 major FUDs we saw this week.

If April is positive as expected, LINK Coin could target the $23 peak again with closes above $20.7. The real big rise should start from now on. In the possible rally, the 28.9 and 34 dollar areas will be tested.

DOGE Price Prediction
Although there has been significant positive divergence this week, Dogecoin appears to be losing momentum with the sell-off above $0.217. If it bounces back, it could climb to the $0.3 target after $0.23 and $0.27. For now, DOGE is trying to find buyers in the January 2022 region.

In the case filed by the Crypto Open Patent Association (COPA) against Craig Wright, who claimed to be the founder of Bitcoin, the court decided to freeze Craig's $ 7.6 million assets worldwide.

Bitcoin (BTC) Price Prediction
To date, inflows from the ETF channel have reached the limit of 12 billion dollars. We've made a good start and the first quarter is almost over. Very few altcoins see $12 billion in net inflows and over $100 billion in volume in their first quarter. This is the justified reason for the long-term optimism for Bitcoin, as BlackRock CEO pointed out.
However, most investors are interested in what will happen to Bitcoin in a few days, not 6 months. Things are going well for BTC. $70,460 is maintained as support and the daily close was made above $70,700 at the time of writing. Although $71,518 has turned into resistance for now, this area may be overcome in the coming hours.
What really matters is that the ATH level of $73.777 can be surpassed and become support. In this case, the price is expected to reach $80,000.

At the time of writing, the Bitcoin price was about to close for the day and is at $70,700. DOGE was the star of the day and returned to $0.22, which it had not seen in a long time. For altcoins, the following hours will be positive only if the daily closing is within the current range. So what is the latest situation in the ETF channel?
Spot Bitcoin ETF March 28
Last week, we all saw how the sales in the ETF channel fluctuated the spot markets. We have experienced two things. First, demand in the ETF channel may not remain strong indefinitely. Secondly, the selling trend in this channel very quickly pumps negativity into crypto exchanges.
It is not known when it will come, but we can say that the next bear market may be much more severe with excessive sales in the ETF channel, while we have not seen the bull peak yet. Data started to arrive on March 28 and was generally positive. GBTC outflows were limited to $104.9 million. The good news is that inflows in the BITB ETF exceeded $67 million. There was also an above-average inflow of 27 million dollars for ARKB.
Although Fidelity and IBIT volumes are lower on March 28 (compared to March 27), a net inflow similar to yesterday will occur as GBTC saw weak outflow. This means markets could continue to rise as Asian investors start the day.

Although Bitcoin fell due to the Coinbase case, it started to rise again thanks to BlackRock Spot Bitcoin ETF and other ETF entries. BlackRock's ETF attracted attention with an inflow of $362 million on March 27 and ARKB with an inflow of $200 million. Despite the GBTC outflow of $300 million, there was a net inflow of over $260 million in the ETF channel. These developments created the impression that investors' risk appetite may increase.
ETF Demand and Institutional Interest

The fact that the demand in the ETF channel remains alive signals that institutional demand is increasing and investors may make bolder moves in the coming hours. It is anticipated that institutions will clarify market movements and institutional entries through the ETF reports they submit to the SEC.
SEC Decisions and Bitcoin Halving Effect

SEC decisions regarding the security status of cryptocurrencies and political turmoil affect the credibility of institutions. Bitcoin halving, which will take place in April, is expected to trigger historical price increases. In addition, it is likely that the 3-month spot Bitcoin ETF performance will become clear in April and large investment companies will shape their investments by evaluating this data.

As a result, it seems that ETF inflows, institutional interest and important cryptocurrency events in the Bitcoin market have an impact on the price, and investors' future movements are shaped by these factors.