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Market Update - #Bitcoin‬ has kicked off the week with a bang, reaching a new couple-year high and trading above $65000. Keep an eye on this 4-hour candle closing above the previous week/month high $64300, as it's poised to become support upon retesting today. This could signal the start of the final move towards the #alltimehigh (ATH). This breakthrough indicates that $BTC has overcome the significant selling wall at $64400-$64600k. However, watch for reactions as two new sell walls have emerged this morning at $65100 and $67000. Setup your $BTC Tp at $69000. #market_tips #69k #TrendingTopic
Market Update -

#Bitcoin‬ has kicked off the week with a bang, reaching a new couple-year high and trading above $65000. Keep an eye on this 4-hour candle closing above the previous week/month high $64300, as it's poised to become support upon retesting today. This could signal the start of the final move towards the #alltimehigh (ATH).

This breakthrough indicates that $BTC has overcome the significant selling wall at $64400-$64600k. However, watch for reactions as two new sell walls have emerged this morning at $65100 and $67000.

Setup your $BTC Tp at $69000.

#market_tips #69k #TrendingTopic
The world’s largest cryptocurrency Bitcoin has once again slipped below the $30,000 mark and the short-term holders who bought Bitcoin in the most recent bull run, have faced disappointment. Perhaps this unpredictability of Bitcoin has made investors go long-term on the coin. According to Glassnode, the total Bitcoin supply held by long-term holders has reached 14.5 million BTC,  an all-time high (ATH). #bitcoin #longterm #holders #alltimehigh #cryptoonindia
The world’s largest cryptocurrency Bitcoin has once again slipped below the $30,000 mark and the short-term holders who bought Bitcoin in the most recent bull run, have faced disappointment.

Perhaps this unpredictability of Bitcoin has made investors go long-term on the coin. According to Glassnode, the total Bitcoin supply held by long-term holders has reached 14.5 million BTC,  an all-time high (ATH).

#bitcoin #longterm #holders #alltimehigh #cryptoonindia
Bitcoin Price Could Hit New High in 415 Days, Predicts Popular Crypto StrategistIn a new surge of optimism, a highly-regarded crypto analyst predicts a significant upswing for Bitcoin, potentially setting a new all-time high within the next year and a half. As reported by The Daily Hodl, in a video update published earlier this week, James Mullarney, the host of the YouTube channel “InvestAnswers,” told the channel’s over 443K subscribers that the Bitcoin price could reach a record high by June 2024. his estimate is derived from a thorough analysis of Bitcoin’s historical performance. The host has examined the timeline of past Bitcoin cycles, noting the average time it took for Bitcoin to rebound after plummeting from a peak. Based on the current cycle’s positioning, the strategist believes we are around 415 days away from a new all-time high. Source: InvestAnswers However, the host has also highlighted the likelihood of price fluctuations before Bitcoin reaches this potential new peak. This expectation is rooted in Bitcoin’s behavior during previous cycles, which often included a retesting of lows. The host has urged viewers to be prepared for a similar scenario in the current cycle, particularly in light of the existing macroeconomic challenges. Yet, despite these anticipated fluctuations, the host has noted that Bitcoin seems to be performing more robustly in this cycle compared to previous ones. The host mentioned two key differences: Bitcoin’s faster growth and the presence of certain influential factors. Despite the headwinds, the strategist sees tailwinds, such as the banking crisis, which may bolster understanding and appreciation of Bitcoin’s value as a store of value. At the time of the report, Bitcoin was trading at $26,614, down 3.14% in the past 24 hours. source: cryptoglobe image source: ai #BTC #alltimehigh #bitcoin #Bullish #dyor Disclaimer The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

Bitcoin Price Could Hit New High in 415 Days, Predicts Popular Crypto Strategist

In a new surge of optimism, a highly-regarded crypto analyst predicts a significant upswing for Bitcoin, potentially setting a new all-time high within the next year and a half.

As reported by The Daily Hodl, in a video update published earlier this week, James Mullarney, the host of the YouTube channel “InvestAnswers,” told the channel’s over 443K subscribers that the Bitcoin price could reach a record high by June 2024.

his estimate is derived from a thorough analysis of Bitcoin’s historical performance. The host has examined the timeline of past Bitcoin cycles, noting the average time it took for Bitcoin to rebound after plummeting from a peak. Based on the current cycle’s positioning, the strategist believes we are around 415 days away from a new all-time high.

Source: InvestAnswers

However, the host has also highlighted the likelihood of price fluctuations before Bitcoin reaches this potential new peak. This expectation is rooted in Bitcoin’s behavior during previous cycles, which often included a retesting of lows. The host has urged viewers to be prepared for a similar scenario in the current cycle, particularly in light of the existing macroeconomic challenges.

Yet, despite these anticipated fluctuations, the host has noted that Bitcoin seems to be performing more robustly in this cycle compared to previous ones. The host mentioned two key differences: Bitcoin’s faster growth and the presence of certain influential factors. Despite the headwinds, the strategist sees tailwinds, such as the banking crisis, which may bolster understanding and appreciation of Bitcoin’s value as a store of value.

At the time of the report, Bitcoin was trading at $26,614, down 3.14% in the past 24 hours.

source: cryptoglobe

image source: ai

#BTC #alltimehigh #bitcoin #Bullish #dyor

Disclaimer

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
USDT has reached a $83.2 billion market capitalization, recovering all the losses since the implosion of blockchain project Terra more than a year ago. Stablecoin issuer Tether’s USDT has regained its previous all-time high market capitalization despite a shrinking stablecoin market. USDT reached an $83.2 billion market capitalization on Thursday, the company reported, equaling its previous peak little more than a year ago. #tether #usdt #marketcap #alltimehigh #cryptoonindia
USDT has reached a $83.2 billion market capitalization, recovering all the losses since the implosion of blockchain project Terra more than a year ago.

Stablecoin issuer Tether’s USDT has regained its previous all-time high market capitalization despite a shrinking stablecoin market.

USDT reached an $83.2 billion market capitalization on Thursday, the company reported, equaling its previous peak little more than a year ago.

#tether #usdt #marketcap #alltimehigh #cryptoonindia
📊 The $BTC #hashrate is now about 8% below its #alltimehigh The 7-day moving average peaked at 507 eh/s, but currently stands at ~470 eh/s This decline coincides with a drop in the difficulty adjustment 🔄
📊 The $BTC #hashrate is now about 8% below its #alltimehigh

The 7-day moving average peaked at 507 eh/s, but currently stands at ~470 eh/s

This decline coincides with a drop in the difficulty adjustment 🔄
$BTC 🚀 Breaking News: Bitcoin Soars to New Heights! 🌟✨ $50,000 😮😮 📈 Witness the historic moment as Bitcoin reaches an all-time high of $50,000 USD in 2024! 🚀 Don't miss out on the crypto frenzy – seize the opportunity now! 💰 #Write2Earn #BTC #ARDsignal #alltimehigh #TrendingTopic
$BTC 🚀 Breaking News: Bitcoin Soars to New Heights! 🌟✨ $50,000 😮😮

📈 Witness the historic moment as Bitcoin reaches an all-time high of $50,000 USD in 2024! 🚀 Don't miss out on the crypto frenzy – seize the opportunity now! 💰 #Write2Earn #BTC #ARDsignal #alltimehigh #TrendingTopic
🚀 **Bitcoin (BTC) Hits Milestone: ATH Since November 2021** - 📅 Date: 26 February 19:21 (UTC+0) - 💹 Price Surge: +5.28% in the last 24 hours - 💰 Current Price: 54,255.11 USDT - 🌐 Binance Market Data - 📈 Breaking Through: 54,000 USDT Barrier - 🎉 Celebrating a Noteworthy Achievement! #BTC #BTC #BTC #CryptoNews🔒📰🚫 #alltimehigh 🚀
🚀 **Bitcoin (BTC) Hits Milestone: ATH Since November 2021**

- 📅 Date: 26 February 19:21 (UTC+0)

- 💹 Price Surge: +5.28% in the last 24 hours

- 💰 Current Price: 54,255.11 USDT

- 🌐 Binance Market Data

- 📈 Breaking Through: 54,000 USDT Barrier

- 🎉 Celebrating a Noteworthy Achievement!
#BTC #BTC #BTC #CryptoNews🔒📰🚫 #alltimehigh 🚀
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