halvingbtc2024
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SHIBA SEEMS TO BE ABLE TO GO TO RP1
CLAIM REWARD 🎁
ANGPAO CODE: BPHEUZN5Y6
#TrendingTopic #halvingbtc2024 #PepeCoin2024
$SHIB $PEPE $DOGE
CLAIM REWARD 🎁
ANGPAO CODE: BPHEUZN5Y6
#TrendingTopic #halvingbtc2024 #PepeCoin2024
$SHIB $PEPE $DOGE
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75000 #halvingbtc2024
Binance Square Official
--
Predict the price of BTC at 20th April 00:00 (UTC+0) to win up to $10000 of SATS token rewards!
To mark this milestone of Bitcoin Halving, all verified users can complete specific tasks on Binance Square during the Activity Period, and qualify for up to $10,000 of SATS token voucher reward. Activity Period: 2024-03-04 09:00 (UTC) to 2024-04-14 09:00 (UTC)All KYC-verified Binance users who log into their Binance accounts and complete the following tasks during the Activity Period will qualify for the $10,000 of SATS reward. Tasks: Comment your prediction for the price of BTC on 20th April 00:00 (UTC+0) on this post. Share this post on your social media and #HalvingHorizonsThe user with the closest prediction will win $5000. If more than one user shares the same prediction, you’ll share the price pool. AndIf you correctly guessed the price and signed up for a Binance account during the activity period through the shared link of this post or the Binance Square referral link, you can unlock a share of extra $2000 price poolAndIf you correctly guessed the price and completed at least 10 trades during the activity period, you will unlock a share of the extra $3000 price poolEach user can only submit 1 entry. Terms & ConditionsThis activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify.The $10,000 of SATS token voucher rewards pool will be divided equally among all qualified users.Winners will be notified via a push notification under Creator Center > Square Assistant. Voucher rewards will be distributed within 21 working days after the activity ends. Users may check their voucher rewards via Profile > Rewards Hub. The validity period for the voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
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Binance Square Official
--
Predict the price of BTC at 20th April 00:00 (UTC+0) to win up to $10000 of SATS token rewards!
To mark this milestone of Bitcoin Halving, all verified users can complete specific tasks on Binance Square during the Activity Period, and qualify for up to $10,000 of SATS token voucher reward. Activity Period: 2024-03-04 09:00 (UTC) to 2024-04-14 09:00 (UTC)All KYC-verified Binance users who log into their Binance accounts and complete the following tasks during the Activity Period will qualify for the $10,000 of SATS reward. Tasks: Comment your prediction for the price of BTC on 20th April 00:00 (UTC+0) on this post. Share this post on your social media and #HalvingHorizonsThe user with the closest prediction will win $5000. If more than one user shares the same prediction, you’ll share the price pool. AndIf you correctly guessed the price and signed up for a Binance account during the activity period through the shared link of this post or the Binance Square referral link, you can unlock a share of extra $2000 price poolAndIf you correctly guessed the price and completed at least 10 trades during the activity period, you will unlock a share of the extra $3000 price poolEach user can only submit 1 entry. Terms & ConditionsThis activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify.The $10,000 of SATS token voucher rewards pool will be divided equally among all qualified users.Winners will be notified via a push notification under Creator Center > Square Assistant. Voucher rewards will be distributed within 21 working days after the activity ends. Users may check their voucher rewards via Profile > Rewards Hub. The validity period for the voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
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#rInteraction between Bitcoin (BTC) and Ripple (XRP),#BTC100K #XRP #SEC
#halvingbtc2024
It often changes depending on market dynamics and investors' perceptions. A recent news report states that as Bitcoin reached a new all-time high, the price of XRP also increased by 20%. This shows that Bitcoin's rise creates general optimism among altcoins and increases investors' risk appetite.
Additionally, there are other factors that influence the price movements of XRP. For example, the legal battle between Ripple and the US Securities and Exchange Commission (SEC) could affect the price of XRP. Experts think that if this case is concluded positively, the obstacles to the rise of XRP may be eliminated and the crypto may be more premium than Bitcoin.
#halvingbtc2024
It often changes depending on market dynamics and investors' perceptions. A recent news report states that as Bitcoin reached a new all-time high, the price of XRP also increased by 20%. This shows that Bitcoin's rise creates general optimism among altcoins and increases investors' risk appetite.
Additionally, there are other factors that influence the price movements of XRP. For example, the legal battle between Ripple and the US Securities and Exchange Commission (SEC) could affect the price of XRP. Experts think that if this case is concluded positively, the obstacles to the rise of XRP may be eliminated and the crypto may be more premium than Bitcoin.
Bitcoin's Surge towards $69,000: What happens next..?
As Bitcoin inches closer to its all-time high of $69,000, the excitement in the market is palpable. However, predicting its new price is akin to navigating uncharted waters, as a myriad of factors influence its trajectory. This surge signals the entry of major players into the market, a move that could potentially lure unsuspecting investors into risky waters.
In such volatile times, it's imperative to manage your portfolio prudently. Utilize risk-minimization strategies like stop-loss orders, alerts, and diversification into strong projects, including DeFi, which are still flying under the radar. The key is to avoid becoming exit liquidity for someone else's gains.
Learning from past mistakes, it's essential to make informed decisions and stay vigilant in the ever-evolving crypto landscape. With careful management and a keen eye on market dynamics, investors can navigate these turbulent times and potentially capitalize on Bitcoin's upward trajectory.$BTC
#BTC #TrendingTopic #AltcoinRallies #ETFsApproval #halvingbtc2024
As Bitcoin inches closer to its all-time high of $69,000, the excitement in the market is palpable. However, predicting its new price is akin to navigating uncharted waters, as a myriad of factors influence its trajectory. This surge signals the entry of major players into the market, a move that could potentially lure unsuspecting investors into risky waters.
In such volatile times, it's imperative to manage your portfolio prudently. Utilize risk-minimization strategies like stop-loss orders, alerts, and diversification into strong projects, including DeFi, which are still flying under the radar. The key is to avoid becoming exit liquidity for someone else's gains.
Learning from past mistakes, it's essential to make informed decisions and stay vigilant in the ever-evolving crypto landscape. With careful management and a keen eye on market dynamics, investors can navigate these turbulent times and potentially capitalize on Bitcoin's upward trajectory.$BTC
#BTC #TrendingTopic #AltcoinRallies #ETFsApproval #halvingbtc2024
#halvingbtc2024 #HotTrendsChallenge
Bitcoin halving, often referred to simply as "the halving," is a significant event in the world of cryptocurrency. It is a programmed event built into the Bitcoin protocol that occurs approximately every four years. Here's a comprehensive guide to understanding Bitcoin halving and why it matters:
### What is Bitcoin Halving?
Bitcoin halving is a process that reduces the reward miners receive for validating transactions on the Bitcoin network by half. This reduction in mining rewards occurs approximately every 210,000 blocks, which translates to roughly every four years. The purpose of halving is to control the inflation rate of Bitcoin and ensure its scarcity over time.
### How Does Bitcoin Halving Work?
1. **Mining Rewards**: When Bitcoin was created, the original reward for mining a block was 50 BTC. After the first halving in 2012, the reward was reduced to 25 BTC per block. Subsequent halvings occurred in 2016 (reducing the reward to 12.5 BTC) and 2020 (reducing the reward to 6.25 BTC).
2. **Supply Control**: By reducing the block reward, Bitcoin's supply is limited, creating scarcity akin to precious metals like gold. This controlled supply mechanism is one of the key features that differentiate Bitcoin from traditional fiat currencies, which can be subject to inflationary pressures due to central bank policies.
3. **Market Impact**: Historically, Bitcoin halving events have been associated with increased market volatility and speculation. Some investors anticipate a surge in Bitcoin's price following a halving due to the reduced supply entering the market, although this is not guaranteed.
### Why Does Bitcoin Halving Matter?
1. **Scarcity and Value**: Bitcoin halving underscores the digital currency's scarcity and finite supply, which can contribute to its long-term value proposition. As the supply of new Bitcoins diminishes over time, the laws of supply and demand suggest that the price may increase, assuming demand remains strong or grows.
Bitcoin halving, often referred to simply as "the halving," is a significant event in the world of cryptocurrency. It is a programmed event built into the Bitcoin protocol that occurs approximately every four years. Here's a comprehensive guide to understanding Bitcoin halving and why it matters:
### What is Bitcoin Halving?
Bitcoin halving is a process that reduces the reward miners receive for validating transactions on the Bitcoin network by half. This reduction in mining rewards occurs approximately every 210,000 blocks, which translates to roughly every four years. The purpose of halving is to control the inflation rate of Bitcoin and ensure its scarcity over time.
### How Does Bitcoin Halving Work?
1. **Mining Rewards**: When Bitcoin was created, the original reward for mining a block was 50 BTC. After the first halving in 2012, the reward was reduced to 25 BTC per block. Subsequent halvings occurred in 2016 (reducing the reward to 12.5 BTC) and 2020 (reducing the reward to 6.25 BTC).
2. **Supply Control**: By reducing the block reward, Bitcoin's supply is limited, creating scarcity akin to precious metals like gold. This controlled supply mechanism is one of the key features that differentiate Bitcoin from traditional fiat currencies, which can be subject to inflationary pressures due to central bank policies.
3. **Market Impact**: Historically, Bitcoin halving events have been associated with increased market volatility and speculation. Some investors anticipate a surge in Bitcoin's price following a halving due to the reduced supply entering the market, although this is not guaranteed.
### Why Does Bitcoin Halving Matter?
1. **Scarcity and Value**: Bitcoin halving underscores the digital currency's scarcity and finite supply, which can contribute to its long-term value proposition. As the supply of new Bitcoins diminishes over time, the laws of supply and demand suggest that the price may increase, assuming demand remains strong or grows.
The world of crypto is about to face the fall of one it's legendary coin, almighty bitcoin is falling to $30000 in April 😃
#HalvingHorizons
#halvingofbtc
#HalvingHorizon
#halvingbtc2024
#HalvingInsights"
#HalvingHorizons
#halvingofbtc
#HalvingHorizon
#halvingbtc2024
#HalvingInsights"
Bitcoin Rebounds Near $69,000 as Halving Event Approaches
Bitcoin is recovering after a period of stability to start April, bouncing back above $69,000 on Thursday ahead of the network’s upcoming halving event expected in a few weeks.
Bitcoin rebounds to $69,000
The price of Bitcoin has risen 5% in the past 24 hours, reaching $69,100, reversing a three-day trend that saw the top cryptocurrency drop below $70,000 and nearly touch $65,000 on Tuesday before bouncing back on Thursday.
Bitcoin’s halving event occurs every four years to reduce the amount of BTC miners receive as a reward for successfully producing a new block. Its aim is to slow the increase of the circulating supply and curb inflation, often associated with an increase in asset prices.
With the next halving event scheduled for April 20, Bitcoin’s price surged in March to a new all-time high of $73,737, skyrocketing multiple times throughout the month as it continued to climb higher. The previous all-time high for Bitcoin was set in November 2021 at around $69,000.
Timing of Bitcoin Halving Event
The estimated date for the halving event has changed in recent weeks, as the event is tied to a specific block on the network, as well as Bitcoin’s activity and demand helping determine the network’s speed at that time. Currently, it is scheduled for April 20 or 4/20, with some notable memes fitting well with the current price level, along with some other memes.
Bitcoin’s latest price increase has caused similar fluctuations across the entire market, with no surprises, rising 4% each day on data from CoinGecko. Ethereum (ETH) rose nearly 4% to $3,415 today, while Dogecoin (DOGE) surged 6% to $0.186 and Binance Coin (BNB) was the strongest performer among the top 10 cryptocurrencies with an 8% increase to $597
#bitcoin #halvingbtc2024 #news
Bitcoin rebounds to $69,000
The price of Bitcoin has risen 5% in the past 24 hours, reaching $69,100, reversing a three-day trend that saw the top cryptocurrency drop below $70,000 and nearly touch $65,000 on Tuesday before bouncing back on Thursday.
Bitcoin’s halving event occurs every four years to reduce the amount of BTC miners receive as a reward for successfully producing a new block. Its aim is to slow the increase of the circulating supply and curb inflation, often associated with an increase in asset prices.
With the next halving event scheduled for April 20, Bitcoin’s price surged in March to a new all-time high of $73,737, skyrocketing multiple times throughout the month as it continued to climb higher. The previous all-time high for Bitcoin was set in November 2021 at around $69,000.
Timing of Bitcoin Halving Event
The estimated date for the halving event has changed in recent weeks, as the event is tied to a specific block on the network, as well as Bitcoin’s activity and demand helping determine the network’s speed at that time. Currently, it is scheduled for April 20 or 4/20, with some notable memes fitting well with the current price level, along with some other memes.
Bitcoin’s latest price increase has caused similar fluctuations across the entire market, with no surprises, rising 4% each day on data from CoinGecko. Ethereum (ETH) rose nearly 4% to $3,415 today, while Dogecoin (DOGE) surged 6% to $0.186 and Binance Coin (BNB) was the strongest performer among the top 10 cryptocurrencies with an 8% increase to $597
#bitcoin #halvingbtc2024 #news
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🔥🔥🔥Be careful at this time🔥🔥🔥
Everything can change in 1 candle, wait for a clear trend 📈📉
Every action you take now will determine your future. Good luck🍀🍀🍀
#btc #halvingbtc2024 #Halving. $BTC
Every action you take now will determine your future. Good luck🍀🍀🍀
#btc #halvingbtc2024 #Halving. $BTC
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Short-term comment on BTC:
BTC is moving in a gradually narrowing triangle pattern and trading around Ema200 in the H4 frame. This shows that there is a struggle over the price acceptance zone. If the 64k zone is breached, it is likely to return to the 52k zone (supporting frame D), confirming a price increase at 72, so there is not much hope.
BTC.D is at 53.x% and is also moving in a narrowing triangle pattern. BTC.D decreased, USDT.D also decreased. ALT also did not increase. According to the theory of interconnected average capitalization, the capitalization may have evaporated from 2k6 garlic to 2k4 garlic. It's possible to re-enter a few entries to catch the bottom, but only a few. 10-20% of your account, as for futures, it depends on your greed, you should not place an order when the market follows a narrowing triangle pattern, you need to wait for a signal to confirm the triangle breaking and then it is not too late to place an order. $Btc $BTC #Bitcoin(BTC) #CryptoToday #binance #halvingbtc2024 #BinanceVietnamSquare
BTC is moving in a gradually narrowing triangle pattern and trading around Ema200 in the H4 frame. This shows that there is a struggle over the price acceptance zone. If the 64k zone is breached, it is likely to return to the 52k zone (supporting frame D), confirming a price increase at 72, so there is not much hope.
BTC.D is at 53.x% and is also moving in a narrowing triangle pattern. BTC.D decreased, USDT.D also decreased. ALT also did not increase. According to the theory of interconnected average capitalization, the capitalization may have evaporated from 2k6 garlic to 2k4 garlic. It's possible to re-enter a few entries to catch the bottom, but only a few. 10-20% of your account, as for futures, it depends on your greed, you should not place an order when the market follows a narrowing triangle pattern, you need to wait for a signal to confirm the triangle breaking and then it is not too late to place an order. $Btc $BTC #Bitcoin(BTC) #CryptoToday #binance #halvingbtc2024 #BinanceVietnamSquare
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Why is Bitcoin halving important?
Bitcoin halving is usually accompanied by a lot of turmoil for the cryptocurrency. As a result of the halving cycle, the current supply of Bitcoin decreases and the value of Bitcoins that have not yet been mined increases. With such changes comes the opportunity to make a profit.
$BTC #halvingbtc2024
Bitcoin halving is usually accompanied by a lot of turmoil for the cryptocurrency. As a result of the halving cycle, the current supply of Bitcoin decreases and the value of Bitcoins that have not yet been mined increases. With such changes comes the opportunity to make a profit.
$BTC #halvingbtc2024
#Bitcoin ($BTC ) halving, also sometimes called "the halvening," is an event built into the core code of Bitcoin that reduces the number of new Bitcoins rewarded to miners by 50%. This essentially cuts the rate at which new Bitcoins enter circulation.
Here's a breakdown of the key points:
Frequency: Halving occurs roughly every four years, which coincides with the mining of approximately 210,000 blocks.
Impact:
- Reduces supply: By decreasing the mining reward, halving limits the total number of Bitcoins that will ever be created. This finite supply is capped at 21 million Bitcoins.
- Potentially increases value: With a limited supply and constant demand, the theory suggests that halving could drive the price of Bitcoin upwards due to increased scarcity.
Here's an analogy: Imagine a gold mine with a limited amount of gold. As more gold is extracted, it becomes rarer. Similarly, with fewer new Bitcoins being created after each halving, the existing ones become relatively scarcer, potentially influencing the price.
Historical context:
Bitcoin has undergone three halving events so far:
2012: Reward went from 50 BTC to 25 BTC per block.
2016: Reward went from 25 BTC to 12.5 BTC per block.
2020: Reward went from 12.5 BTC to 6.25 BTC per block.
Important note:
While the historical trend suggests price increases following halving events, it's not a guaranteed outcome. Several factors can influence the price of Bitcoin, and past performance is not necessarily indicative of future results.
Additional points:
- Halving is a predefined mechanism within Bitcoin's code and helps to control inflation.
- The next halving event is expected to occur in March 2024, bringing the mining reward down to 3.125 BTC per block.
It's crucial to remember that investing in cryptocurrency involves inherent risks. You should always conduct your own research and due diligence before making any investment decisions.
#BTC #HALVING #halvingbtc2024 $BTC $ETH
Here's a breakdown of the key points:
Frequency: Halving occurs roughly every four years, which coincides with the mining of approximately 210,000 blocks.
Impact:
- Reduces supply: By decreasing the mining reward, halving limits the total number of Bitcoins that will ever be created. This finite supply is capped at 21 million Bitcoins.
- Potentially increases value: With a limited supply and constant demand, the theory suggests that halving could drive the price of Bitcoin upwards due to increased scarcity.
Here's an analogy: Imagine a gold mine with a limited amount of gold. As more gold is extracted, it becomes rarer. Similarly, with fewer new Bitcoins being created after each halving, the existing ones become relatively scarcer, potentially influencing the price.
Historical context:
Bitcoin has undergone three halving events so far:
2012: Reward went from 50 BTC to 25 BTC per block.
2016: Reward went from 25 BTC to 12.5 BTC per block.
2020: Reward went from 12.5 BTC to 6.25 BTC per block.
Important note:
While the historical trend suggests price increases following halving events, it's not a guaranteed outcome. Several factors can influence the price of Bitcoin, and past performance is not necessarily indicative of future results.
Additional points:
- Halving is a predefined mechanism within Bitcoin's code and helps to control inflation.
- The next halving event is expected to occur in March 2024, bringing the mining reward down to 3.125 BTC per block.
It's crucial to remember that investing in cryptocurrency involves inherent risks. You should always conduct your own research and due diligence before making any investment decisions.
#BTC #HALVING #halvingbtc2024 $BTC $ETH
Bitcoin is in its standard pre-halving retrace
Some analysts believe that Bitcoin is at the beginning of the pre-halving phase that historically follows a certain pattern. Similar to previous halvings, BTC’s price appears to be following the five phases of the Bitcoin halving.
The timing of the pre-halving drawdown comes 18 days before the expected Bitcoin halving date on April 20.
An social network post from crypto trader and independent analyst Rekt Capital suggested that the ongoing price action is part of a pre-halving retrace, which has seen BTC dip by 38% and 20% during the 2016 and 2020 halving cycles.
#binance #btc #bitcoin #halvingbtc2024
The timing of the pre-halving drawdown comes 18 days before the expected Bitcoin halving date on April 20.
An social network post from crypto trader and independent analyst Rekt Capital suggested that the ongoing price action is part of a pre-halving retrace, which has seen BTC dip by 38% and 20% during the 2016 and 2020 halving cycles.
#binance #btc #bitcoin #halvingbtc2024
Outlook of the Day: What Will Happen After Bitcoin's New Record?
Bitcoin (BTC) broke a new record by exceeding the $ 69,000 level, which it first reached on November 10, 2021, but it did not take long for it to decline from its all-time high.
The world's largest cryptocurrency fell to around $67,000 and liquidations of over $1 billion were recorded along with volatility. Bitcoin, which recovered in the Asian morning hours, continues to maintain its resistance. Some observers say the selling pressure is due to high levels of profit taking and miners losing some of their Bitcoin holdings.
in Bitcoin
The halving is just a few days away. I expect Bitcoin to exceed 75 thousand dollars and break the record of recent years.
#TrendingTopic
#BTC
#halvingbtc2024
#Buy-Sell-guide
#BinanceLearn
Bitcoin (BTC) broke a new record by exceeding the $ 69,000 level, which it first reached on November 10, 2021, but it did not take long for it to decline from its all-time high.
The world's largest cryptocurrency fell to around $67,000 and liquidations of over $1 billion were recorded along with volatility. Bitcoin, which recovered in the Asian morning hours, continues to maintain its resistance. Some observers say the selling pressure is due to high levels of profit taking and miners losing some of their Bitcoin holdings.
in Bitcoin
The halving is just a few days away. I expect Bitcoin to exceed 75 thousand dollars and break the record of recent years.
#TrendingTopic
#BTC
#halvingbtc2024
#Buy-Sell-guide
#BinanceLearn
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$BTC According to spirituality and psychology, btc will sideways in the 62k-65k area and soar to 75k. Everyone, take the time to get in line so you don't miss the train.$BTC $LINK #halvingbtc2024
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#BTC fluctuates around $52K, more pump?#
Bitcoin's Volatile Market Course and Important Resistance Points
Bitcoin recently failed to overcome the $65,000 resistance level and fell to $59,700. The current market situation indicates an uncertain recovery period for Bitcoin. An important question is which price levels are critical for Bitcoin in this process.
Bitcoin's Short-Term Resistance and Support Levels
Bitcoin is trading below $63,000 and the 100 hourly Simple Moving Average. Immediate resistances lie at $62,000 and $63,000. If Bitcoin can clear these resistance levels, it has the potential to rise towards $64,500 and then the $65,000 resistance.
If the resistance levels are not exceeded, Bitcoin may enter a new decline wave. Important support points are seen at $60,800 and $60,000. If these supports are broken, there is an increased chance of the price falling to $59,200 and lower.
What Do Bitcoin Technical Indicators Say?
Technical indicators for Bitcoin show that they are in bearish territory, especially considering the hourly MACD and RSI. These indicators offer important clues to better understand the short-term movements of the cryptocurrency.
Useful Information for the Reader
Bitcoin's $62,000 and $63,000 levels should be watched as critical resistance points.
Closes below $60,000 could be a potential start for deeper declines.
Technical indicators such as MACD and RSI can be helpful in understanding the market trend.
As a result, investors and viewers in the Bitcoin market should act by paying attention to the specified resistance and support points. These levels, which can determine the short-term direction of the market, are critical to understanding Bitcoin's future price movements.
Not Investment Advice
#Binance #btc #halvingbtc2024 #BinanceSquareTurkey
Bitcoin's Volatile Market Course and Important Resistance Points
Bitcoin recently failed to overcome the $65,000 resistance level and fell to $59,700. The current market situation indicates an uncertain recovery period for Bitcoin. An important question is which price levels are critical for Bitcoin in this process.
Bitcoin's Short-Term Resistance and Support Levels
Bitcoin is trading below $63,000 and the 100 hourly Simple Moving Average. Immediate resistances lie at $62,000 and $63,000. If Bitcoin can clear these resistance levels, it has the potential to rise towards $64,500 and then the $65,000 resistance.
If the resistance levels are not exceeded, Bitcoin may enter a new decline wave. Important support points are seen at $60,800 and $60,000. If these supports are broken, there is an increased chance of the price falling to $59,200 and lower.
What Do Bitcoin Technical Indicators Say?
Technical indicators for Bitcoin show that they are in bearish territory, especially considering the hourly MACD and RSI. These indicators offer important clues to better understand the short-term movements of the cryptocurrency.
Useful Information for the Reader
Bitcoin's $62,000 and $63,000 levels should be watched as critical resistance points.
Closes below $60,000 could be a potential start for deeper declines.
Technical indicators such as MACD and RSI can be helpful in understanding the market trend.
As a result, investors and viewers in the Bitcoin market should act by paying attention to the specified resistance and support points. These levels, which can determine the short-term direction of the market, are critical to understanding Bitcoin's future price movements.
Not Investment Advice
#Binance #btc #halvingbtc2024 #BinanceSquareTurkey
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[🐳] #ENA #halvingbtc2024
#ENA HELLO MY DEAR FOLLOWER
It has reached purchasing levels.
🐳 It's coming / It's only a matter of time before it takes a shot at 1.20 and reaches 1.40. Whales came out of their homes at midnight tonight.
You will not be afraid for wealth.😎
The bulls are trying to make it fall, yes it has fallen now, it has reached exactly the level I said it would.
If you look at my previous informative messages you will see🚀🚀🚀
In the message I wrote when I saw 1 USD...🚀🚀🚀
It may hit the $1.20 level and rise to $1.30, but later on, I had declared 0.970-0.960 as the exact buying point, which will be corrected so that it can reach the $1.50 and $1.70 band.🥂🚀🪐
Those who don't believe can look at my message, it's still there.💥
The cowards sold it, the game starts at midnight tonight...💥
When you wake up in the morning #ENA 📈🎂
LAST LANE 🐎
0.960 level 0.970 level is buy point.🚀
DON'T MISS IT, YOU WILL BE SORRY 🥲
It is not investment advice.🐳
Watch the chart and look at the supply, you will understand...🐳
#ENA HELLO MY DEAR FOLLOWER
It has reached purchasing levels.
🐳 It's coming / It's only a matter of time before it takes a shot at 1.20 and reaches 1.40. Whales came out of their homes at midnight tonight.
You will not be afraid for wealth.😎
The bulls are trying to make it fall, yes it has fallen now, it has reached exactly the level I said it would.
If you look at my previous informative messages you will see🚀🚀🚀
In the message I wrote when I saw 1 USD...🚀🚀🚀
It may hit the $1.20 level and rise to $1.30, but later on, I had declared 0.970-0.960 as the exact buying point, which will be corrected so that it can reach the $1.50 and $1.70 band.🥂🚀🪐
Those who don't believe can look at my message, it's still there.💥
The cowards sold it, the game starts at midnight tonight...💥
When you wake up in the morning #ENA 📈🎂
LAST LANE 🐎
0.960 level 0.970 level is buy point.🚀
DON'T MISS IT, YOU WILL BE SORRY 🥲
It is not investment advice.🐳
Watch the chart and look at the supply, you will understand...🐳