Bitcoin halving events historically have been associated with significant price movements, but it's important to note that past performance is not indicative of future results. Generally, after a Bitcoin halving event, there is a combination of factors that may influence its price:
Supply Reduction: The primary impact of a halving event is a reduction in the rate at which new bitcoins are created. This decreases the supply of new bitcoins entering the market, which, all else being equal, can lead to an increase in demand and potentially higher prices. Market Sentiment: Halving events often generate significant attention and anticipation in the cryptocurrency community. Positive sentiment and increased interest from investors and traders can lead to speculative buying, driving up prices. Miner Behavior: Bitcoin miners, who are responsible for validating transactions and securing the network, may adjust their strategies in response to the reduced block rewards. Some miners may choose to hold onto their newly minted bitcoins rather than immediately selling them, reducing selling pressure in the market. Long-Term Trend: Bitcoin's price movements are influenced by a wide range of factors, including macroeconomic trends, regulatory developments, technological advancements, and market sentiment. While halving events may have short-term effects on price, the long-term trajectory of Bitcoin's price is determined by these broader factors. It's important to approach Bitcoin halving events with caution and to conduct thorough research before making any investment decisions. While halvings have historically been associated with bullish price movements, they are not guaranteed to result in price increases, and market conditions can vary significantly from one halving event to another.
Signal Id 4 coin Beamx type long Entry 0.026570 target 0.028 Sl 0.025 update of previous signal Ondo stopped breakeven after TP1 HFT is still runing and in profit Mask is also still running
BTC--The fact that buyers stepping in in the manner that they did sub 60 is really intriguing to me- my plans were htf closure below 60.9 and I would look for shorts but demonstrating some solid strength. Volume has been what it has been, think we get an uptick post dubai event but honestly if we start closing back above 62.4 htf I think we can move to 67. Reasoning behind that is pretty simple- breaker at 63.7 (first area of res imo) has been tested 4 times, next move up with volume I dont think it holds from a shortsided standpoint. From there we look for htf acceptance above breaker, and we can start the push up to 67. Remember this is null and void if we get daily closures below 60.9. Once again I know dirty chart-- but this is my pure and raw HTF btc chart$BTC
SIGNAL ID #1 coin ONDO entry 0.7880 take profit 1 0.8220 take profit 2 0.9000 take profit 3 0.9900 stoploss 0.76 Reason for the trade the coin price is on above the trend line. if we close 4h below 0.76 then bullis structure broke and price may fall to 0.76 manage your own risk. for quick update and signal join tg$BTC $ONDO
SIGNAL ID 3 COIN MASKUSDT entry 3.2 Target 1 -3.6 target 2 -3.4 target 3 -3.8 stoploss 2.97
Unfortunate to get the re-test her einto 64,250 at the end of our day. Makes it much more difficult to assume a risk on position into Asia session. Going to wait for these Pivot levels to reset in 30 minutes.
Overall, 64,000 - 60,000 has been defended well. Bidders in the area - unsure if it is enough to move forward with the data I currently have. Reclaiming this 200EMA is a good start to assume we can move up again. Watching Bitcoin Dominance maintain higher levels is strong enough of an assumption for Bitcoin to have strength in this area here.
Will look to update on daily close if there is anything worth mentioning. Looking for 64,250 right now >
We are in a pretty weird spot in the market, very low volumes, need to be super selective, we are near support but also kind of in the middle, staying patient here is the move forsure, sometimes "no trade is a trade". We have spot buys that are in nice profit, but just waiting for my levels to hit.
Dr_Amina
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Bullish
SIGNAL ID #1 coin ONDO entry 0.7880 take profit 1 0.8220 take profit 2 0.9000 take profit 3 0.9900 stoploss 0.76 Reason for the trade the coin price is on above the trend line. if we close 4h below 0.76 then bullis structure broke and price may fall to 0.76 manage your own risk. for quick update and signal join tg$BTC $ONDO
BTC:Â if we are not able to break through the wall around 63-63.5. Could see these sellers in control sending us down for a final quick puke down (60.5-60.8 where iâd be adding remaining BTC position) before strong reversal
What happens now is more bullish than going to 100k in one candle. Many of us were afraid that bull was going to end faster than expected because it didnât cool down. Now it does and giving us more time to accumulate before the next leg up. Stay positive and keep working...!!!
SIGNAL ID #1 coin ONDO entry 0.7880 take profit 1 0.8220 take profit 2 0.9000 take profit 3 0.9900 stoploss 0.76 Reason for the trade the coin price is on above the trend line. if we close 4h below 0.76 then bullis structure broke and price may fall to 0.76 manage your own risk. for quick update and signal join tg$BTC $ONDO
I closed my all long positions in profit except few coins $luna $UNI i $TRB $ACE are still open in long positions..!!! If anyone after following my siganls are in loss, he can share with me i will help him.! Thank you đ