BitcoinHalvingEffect
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Bitcoin's short-term volatility persists, but buy demand prevails on dips ahead of options expiration. Spot ETF inflows at $90M support rebound. Unlikely for significant BTC drop without major U.S. economic data downturn. Options expiring at $1.51B today, max pain at $69K. Ethereum faces similar with 227,785 ETH options expiring, max pain at $3,425. Spot trade volume akin to 2020-2021 peak, cooling to $7B/day. Long Vs Short ratio dips. Halving in a week, BTC likely to stay strong above $69K. #BTC #BiyondDaily #Halving_update #LongShortRatio #BitcoinHalvingEffect
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The Bitcoin halving process is considered the second pivotal file in 2024 after the issuance of America’s approval of Bitcoin ETFs. It is expected that halving the Bitcoin mining reward, or what is known as “halving”, will effectively reduce the supply of the coin.
This action, scheduled for April 2024, may significantly impact the price, and demand may rise with the launch of spot ETFs. With fewer Bitcoin in circulation and more institutional financial bids for the coin, we may see a supply squeeze that would place a very high premium on Bitcoin in circulation. In this equation, Bitcoin miners will generally be among the biggest beneficiaries.
This event could halve block rewards for miners, which could significantly impact Bitcoin's valuation and its role in the broader digital asset landscape.
Bitcoin is already trading near all-time highs, and has risen more than 50% this year as a result of the US approval of new spot Bitcoin exchange-traded funds (ETFs).
The most prominent question currently remains: to what extent can Bitcoin rise after the halving?
#HotTrands #BitcoinHalvingEffect
This action, scheduled for April 2024, may significantly impact the price, and demand may rise with the launch of spot ETFs. With fewer Bitcoin in circulation and more institutional financial bids for the coin, we may see a supply squeeze that would place a very high premium on Bitcoin in circulation. In this equation, Bitcoin miners will generally be among the biggest beneficiaries.
This event could halve block rewards for miners, which could significantly impact Bitcoin's valuation and its role in the broader digital asset landscape.
Bitcoin is already trading near all-time highs, and has risen more than 50% this year as a result of the US approval of new spot Bitcoin exchange-traded funds (ETFs).
The most prominent question currently remains: to what extent can Bitcoin rise after the halving?
#HotTrands #BitcoinHalvingEffect
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The author of Rich Dad, Poor Dad recommends buying Bitcoin before the halving.
Robert Kiyosaki, author of Rich Dad Poor Dad, recommends investing in Bitcoin before the next halving takes place.
Consider that Bitcoin is a safe investment in the face of the economic situation that is currently being experienced globally.
https://criptokio.com/noticias/autor-padre-rico-padre-pobre-recomienda-comprar-bitcoin-antes-halving/
#BitcoinHalvingEffect #BTC $BTC
Robert Kiyosaki, author of Rich Dad Poor Dad, recommends investing in Bitcoin before the next halving takes place.
Consider that Bitcoin is a safe investment in the face of the economic situation that is currently being experienced globally.
https://criptokio.com/noticias/autor-padre-rico-padre-pobre-recomienda-comprar-bitcoin-antes-halving/
#BitcoinHalvingEffect #BTC $BTC
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How many times has it happened in the world of cryptocurrencies and will continue to happen. The new millionaires will be those who are able to read the future and bet on tokens with little value. #crptomonedas #HotTrends #bitkoin #BTCpredictions #BitcoinHalvingEffect $BTC $BNB
LIVE_Bitkoin_
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"The Great Gatsby", a dream that many pursue and few achieve
Who doesn't remember the movie "The Great Gatsby", this success story where a simple boy becomes a successful millionaire and lives in a dream mansion giving parties every week.
The world of cryptocurrencies, especially during the years 2009, 2010, 2011 and until 2015, have created new millionaires. These multimillionaire people today have not achieved it by working hard or having a good 💡 (idea), they have only bet a few hundred dollars in coins with very little value, remember Ethereum at 0.10 or BNB at 0.14 or Bitcoin at 0, 01 USD.
The world of cryptocurrencies, especially during the years 2009, 2010, 2011 and until 2015, have created new millionaires. These multimillionaire people today have not achieved it by working hard or having a good 💡 (idea), they have only bet a few hundred dollars in coins with very little value, remember Ethereum at 0.10 or BNB at 0.14 or Bitcoin at 0, 01 USD.
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Discovering square, I love it. It is a mix of the best of all social networks, but with a crypto community.
I promise to be active in this community, can you help me grow? What do you think of square? Is it really useful for connecting with the crypto community?
$BTC #HotTrends #prediction2024 #bitkoin #crptomonedas #BitcoinHalvingEffect
I promise to be active in this community, can you help me grow? What do you think of square? Is it really useful for connecting with the crypto community?
$BTC #HotTrends #prediction2024 #bitkoin #crptomonedas #BitcoinHalvingEffect
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Why the price of Bitcoin has collapsed.
The price of Bitcoin falls to $66,000 in a few hours, which represents a drop of more than 4%.
The lack of new rises, despite the influx of institutional flows, raises questions about the future direction of the Bitcoin market.
https://criptokio.com/noticias/por-que-desplomado-precio-bitcoin/
#BitcoinHalvingEffect #bitcoinhoy $BTC
The price of Bitcoin falls to $66,000 in a few hours, which represents a drop of more than 4%.
The lack of new rises, despite the influx of institutional flows, raises questions about the future direction of the Bitcoin market.
https://criptokio.com/noticias/por-que-desplomado-precio-bitcoin/
#BitcoinHalvingEffect #bitcoinhoy $BTC
