today's support and resistance $BTC $62200-$67500 if 68k le | Profitable on Binance Square

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today's support and resistance 
$BTC $62200-$67500
if 68k level crosses, it will break old 
$73777 level.
if $60775 level breaks, it will reach 50-55k level again .
#HotTrends #BTC #BTC_ANALYSIS $BTC 

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2.1k

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Bitcoin {{BTC}} started the week stable, changing hands above $65,800, as transaction fees have significantly lowered following the halving. On-chain data from Mempool.space shows that medium-priority transactions are now costing $8.48 while high-priority transactions cost $9.32. In the initial aftermath of the halving, these fees spiked to over $146 for a medium-priority transaction and $170 for a high-priority transaction. The hashprice index, a metric created by Luxor to quantify how much a miner can expect to earn from a specific quantity of hashrate, has also dropped from $182.98 per hash/day to $81, a level below where it was at pre-halving. While bitcoin miners anticipated that the halving would significantly cut revenue, the introduction of Casey Rodarmor’s Runes protocol – designed to create fungible tokens on Bitcoin – which went live at the halving, was supposed to be the antidote to this, given the level of activity it would create on-chain. Instead, in the initial days after the event, floor prices for the runestone NFT collection have dropped by almost 50% in the last 24 hours with a floor price of nearly 0.037 BTC, according to Magic Eden, while ordinal collections like Bitcoin Pullets and NodeMonkes are up 11% and 8% respectively It should be noted that these ordinal collections also generate considerable transaction fees but don’t appear to be the same revenue source as many hoped Runes would be. $BTC

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April 19th 2024, in the evening US Eastern time. Historically, halving events have been associated with increases in Bitcoin's price, attributed to its reduced supply growth rate and increased scarcity. #bitcoinhalving #BTC_CRASH_UPDATE #BTC🔥🔥🔥🔥🔥🔥

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GUYS DON'T INVEST YOUR MONEY IN $WIF IT IS GOING TO DUMP VERY SOON ... THIS COIN IS NOW HIGHLY OVERPUMPED ... DONT BUY IT ANYMORE ... #WIFUUSDT #WIF🔥🔥

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🔴2009 - you missed $BTC 🔴 2015 - You missed $XRP 🔴 2016 - You missed $ETH 🔴 2017 - You missed $ADA 🔴 2018 - You missed $BNB 🔴 2019 - You missed $LINK 🔴 2020 - You missed $DOT 🔴 2021 - You missed $SHIB 🔴 2022 - You missed $GMX 🔴 2023 - You missed $BONK 🟢 In 2024, don't miss $____

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$BTC Alert! 🚨 it has gone up non stop for the past two days! So right now I’m confident to say we are heading towards a dump 🔥 🔔Short entry NOW: 70,000/69,500 TP: 68,000 67,000 66,000 65,000 SL: 72,000 I always advise to use less leverage than most to avoid potential losses. 5x-10x has always worked for me

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