When always BTC💵 get below the 50 Moving average and also when it closes above the 50 moving average again , We can see a bullish impulse in the last few occasion of BTC💵.
Big moves in the Bitcoin market: $78 million deposit in Kraken before market correction Nearly $78 million worth of Bitcoin was deposited on the Kraken digital currency trading platform by a large investor, at a time when Bitcoin prices are declining.
Data from cryptocurrency analysis platform Lookonchain indicates that the whale accumulated $1.7 billion worth of Bitcoin at an average purchase price of $68,051 during the period from March 1 to April 15.
In the last 24 hours, the value of Bitcoin fell by 2.3% according to CoinGecko data
( now don't confuse with 1hr time frame and 1D time frame.....in 1hr already breakout so it may test upper trendline but in 1D it didn't took breakout and i think in 1D it will take rejection from upper trendline )
Bitcoin is currently exhibiting a triangle pattern on lower timeframes, with clear support and resistance lines. The impending break of this triangle will dictate the direction of the next significant move in the market.
The electric car company, Tesla, maintains its holding of Bitcoin. The company's financial statement for the first quarter shows digital currencies worth $184 million.
🎗 Everyone asks about the issue of the Bitcoin split. I would like to explain it in a simplified way, as it occurs automatically in the Bitcoin network approximately every 210,000 blocks, every 4 years. Every Bitcoin split results in a somewhat slight decline in Bitcoin because the miners’ rewards are reduced to half what they were before the split because the miners are running Huge computers that solve complex mathematical problems that occur automatically every four years, as we mentioned, to record new blocks of Bitcoin transactions and add them to the blockchain ledger.
It appears that bettors on the rise of Bitcoin have reduced their bets on the largest cryptocurrency in the world, with the decline of the basic motivating factors.#btcfor her
A state of disappointment prevailed over the weekend for those who were hoping that the#Bitcoinhalving would lead to an immediate rise in prices, as since Friday the cryptocurrency has risen 4%, which is less than the 11% gains of the 3 days following the halving in 2020.
Mr. 100, as they call him on Twitter, who buys equal amounts on a continuous basis, sold 1,000 Bitcoin yesterday, which is the result of 10 transactions in one transaction.
#BTC_CRASH_UPDATE Bitcoin is trying inside the red sell box If there is no strong buyer, the price will push to penetrate the box or return to support in the stocks.