Wow BTC hunted the Sl below 60k after daily close and pumped

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Wow BTC hunted the Sl below 60k after daily close and pumped Back above 64k - 64.5k. Its going up towards 66k -67.5k -69k after some consolidation around 64k for couple of hours. #bitcoinhalving

Wow BTC hunted the Sl below 60k after daily close and pumped Back above 64k - 64.5k.
Its going up towards 66k -67.5k -69k after some consolidation around 64k for couple of hours.
#bitcoinhalving  

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The #Bitcoin has just completed its 4th halving, so let me explain what that means in concrete terms and what it portends for the future since I haven't really talked about it since. The halving is the event that involves halving the reward per mined block on the Bitcoin network, in other words, halving miners' pay while increasing the mining difficulty. The reward was 6.25 BTC per block just an hour ago and will now be 3.125 BTC. You know a block is generated every 10 minutes, so per day we had 900 BTC distributed to miners, which creates a selling pressure of 58 million every day. From now on, this selling pressure drops to 29 million, significantly reducing inflation. Mining difficulty increases, so miners will need to invest in more powerful machines to remain competitive. This will result in increased electricity and equipment costs, thus increasing the production cost of #BTC. This halving will push the average production cost of a BTC to around $38k. Therefore, it is not in the miners' interest for the price to revisit these levels, otherwise they would mine at a loss and no merchant sells at a loss. During the last halving, the price of BTC was at $8k, and 4 years later we're at $65k. The question is where will this price be at the next halving in 2028. I'll leave you with that thought... #bitcoinhalving

BITCOIN TO $122,000 IN 2024🔥 🔎🪙 A Finder survey reveals that 31 crypto and fintech experts expect #Bitcoin to reach $122,000 in 2024, then stabilize at $109,000 by the end of the year. The survey also predicts BTC could reach $151,000 by the end of 2025 and $567,000 by the end of 2030. "The main catalyst for the current cryptocurrency bull market has been the massive influx of institutional capital following the SEC's approval of the first bitcoin spot ETF." "Demand is already outstripping supply, by a factor of 10 according to reports." 13% of experts believe Bitcoin is currently overvalued. 61% of Finder experts recommend buying Bitcoin before the halving. #bitcoinhalving #BullorBear

$BTC Once again, there's a turnaround. When I woke up, I saw that we're back to $64,000 from $59,000. So far, there's nothing proving we won't go down to $50,000. But it would take something really ugly, like news, to push the price down there. The conflict between Israel and Iran could contribute to that. But the situation doesn't seem to be as worrying. #BullorBear #bitcoinhalving

#BTC🔥🔥🔥🔥🔥🔥 Like every week, I'm giving you a long-term recap in the weekly with Ichimoku. Last week, I showed you the different retracement possibilities and for now, it's ultra precise. The retracement scenario on the Tenkan is currently just perfect because, as always, we're attracted like a magnet. The beautiful double rebound with the two nice wicks could herald a resumption of the trend and thus a validation of plan A in orange. It's a healthy correction before heading back towards new highs! However, there's still the possibility of reaching for the Kijun to make a much deeper retracement towards $52,000. Personally, I don't believe it, but anything is possible. But to embellish a potential drop towards $52,000, it wouldn't change the bullish dynamic initiated since early January 2023. What do you think about it? Just a little support, guys. #bitcoinhalving

Dear Binance users, Binance is launching Binance Megadrop, a new token launch platform featuring airdrops and Web3 quests, where users can subscribe to BNB-locked products and/or complete tasks in their Web3 wallet for early access to rewards from selected Web3 projects before their tokens are listed on the Binance Exchange. The first project introduced on Binance Megadrop will be BounceBit (BB), a BTC rebase chain. BounceBit Megadrop Details: Token Name: BounceBit (BB) Maximum Token Supply: 2,100,000,000 BB Megadrop Token Rewards: 168,000,000 BB (8% of maximum token supply) Initial Circulating Supply: 409,500,000 BB (19.5% of maximum token supply) Research Report: BounceBit (BB) (to be available within an hour of this announcement) More details on the Megadrop amount, Web3 quests, and detailed spot listing plan will be announced soon in a separate announcement. What is Binance Megadrop: Binance Megadrop is a new token launch platform seamlessly integrating Binance Simple Earn and the Binance Web3 wallet, reinventing users' airdrop experience. Megadrop grants users early access to certain Web3 projects before they are listed on Binance. This unique combination of engagement, education, and rewards positions Megadrop as an unprecedented interactive experience within Binance and the broader crypto ecosystem. How to get started with Binance Megadrop: Log in to your Binance account. Subscribe to BNB-locked products and/or complete Web3 quests to accumulate scores. To complete Web3 quests, make sure you have at least one active Binance Web3 wallet. #BinanceLaunchpool #Web3!💬

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