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Bullish
$BTC Currently 68290
Resistance at 70500/73000
Support at 66700/63000...
Long/Short can be taken accordingly...
#btc bullish📈
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Bitcoin Halving Explained Here's a breakdown of the 3 phases and what they mean for investors: 1. Pre-Halving Retrace: * Think of this as a final sale before prices potentially surge. The drop can be sharp but also varies in depth and duration. * Historically, this occurs 14-28 days before the halving event. * The goal is to form a low point for the next phase and shake out weaker investors. 2. Re-Accumulation: * After the retrace bottom, Bitcoin tends to trade sideways, potentially for weeks or months. * This phase can be frustrating as prices seem stagnant, testing investor patience. * The key here is that smart investors are accumulating more Bitcoin in anticipation of the next surge. 3. Parabolic Uptrend: * This is the explosive growth phase everyone waits for. * Once Bitcoin breaks out of the re-accumulation range, prices tend to skyrocket. * Historically, this phase lasts around a year, but the current market suggests it could be much faster this time. Key Points & Considerations: * Bitcoin halving cuts the rewards for miners in half, impacting the supply of new coins and potentially influencing price. * While past halvings offer some clues, each cycle is unique. The current market shows signs of repeating patterns from 2016 and 2020 but may move faster. Disclaimer: This is for informational purposes only, not financial advice. Crypto investments are highly volatile. Always do thorough research before investing. #btc #bnb #usdc #Write2Earn $BTC $USDC
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UK regulator permits crypto ETNs for professional investors The United Kingdom’s financial watchdog has announced that recognized exchanges can launch crypto asset exchange-traded notes (cETNs). $BTC $ETH #ETNs #ETFs
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$BTC Currently 68290 Resistance at 70500/73000 Support at 66700/63000... Long/Short can be taken accordingly... #btc bullish📈
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Newly released Satoshi emails reveal a treasure trove of early Bitcoin lore Satoshi didn’t come up with the term “cryptocurrency” and wanted to downplay Bitcoin’s “anonymity.” A litany of insights into the early days of cryptocurrency were recently revealed when Bitcoin creator Satoshi Nakamoto’s earliest collaborator, Martti Malmi, published 120 pages of email correspondences between the two on GitHub on Feb. 23. #Write2Earn #BTC $BTC
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Crypto projects have received over $90 billion in all-time funding The total, all-time dollar amount invested into crypto and blockchain-related companies exceeded $90 billion this month, according to The Block Research, which has been tracking funding data for startups in the industry since 2017. Animoca Brands and Polychain Capital were among the investors and venture capitalists injecting capital into more than 50 new projects in February. #Write2Earn #BTC $BTC
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