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BitcoinTakeOver
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Haussier
The trend in the image is a cryptocurrency price chart that shows the changes in value of a digital asset over time. The chart has several features that can help you understand the trend, such as: Candlestick bars: These are vertical bars that represent the price movements for a certain period of time, such as 15 minutes, 1 hour, or 1 day. The bars have different colors depending on whether the price went up or down during that period. Green bars mean the price increased, while red bars mean the price decreased. The top and bottom of each bar show the highest and lowest prices reached, while the thin lines extending from the bars show the opening and closing prices. Moving Averages (MA): These are curved lines that smooth out the price data to create a single flowing line that makes it easier to identify the direction and strength of the trend. The MA lines are calculated by taking the average of the prices for a certain number of periods, such as 7, 25, or 99. The longer the period, the smoother the line and the more lagging behind the current price. The shorter the period, the more responsive the line and the more prone to fluctuations. The MA lines can also act as support and resistance levels, where the price tends to bounce off or break through them. The chart shows that the cryptocurrency had a significant increase in value, followed by a decline and then a period of stabilization before starting to rise again. The MA lines can provide insights into the trend’s direction and strength. For example, when the MA(7) line crosses above the MA(25) line, it indicates a bullish trend, meaning the price is likely to go up. When the MA(7) line crosses below the MA(25) line, it indicates a bearish trend, meaning the price is likely to go down. The MA(99) line can show the long-term trend, which in this case is still upward. I hope this explanation helps you understand the trend in the image. If you have any more questions, feel free to ask. 😊#Write2Earn #TrendingTopic #BitcoinTakeOver #Bitcoin‬ #Bullrun $BTC
The trend in the image is a cryptocurrency price chart that shows the changes in value of a digital asset over time. The chart has several features that can help you understand the trend, such as:
Candlestick bars: These are vertical bars that represent the price movements for a certain period of time, such as 15 minutes, 1 hour, or 1 day. The bars have different colors depending on whether the price went up or down during that period. Green bars mean the price increased, while red bars mean the price decreased. The top and bottom of each bar show the highest and lowest prices reached, while the thin lines extending from the bars show the opening and closing prices.
Moving Averages (MA): These are curved lines that smooth out the price data to create a single flowing line that makes it easier to identify the direction and strength of the trend. The MA lines are calculated by taking the average of the prices for a certain number of periods, such as 7, 25, or 99. The longer the period, the smoother the line and the more lagging behind the current price. The shorter the period, the more responsive the line and the more prone to fluctuations. The MA lines can also act as support and resistance levels, where the price tends to bounce off or break through them.
The chart shows that the cryptocurrency had a significant increase in value, followed by a decline and then a period of stabilization before starting to rise again. The MA lines can provide insights into the trend’s direction and strength. For example, when the MA(7) line crosses above the MA(25) line, it indicates a bullish trend, meaning the price is likely to go up. When the MA(7) line crosses below the MA(25) line, it indicates a bearish trend, meaning the price is likely to go down. The MA(99) line can show the long-term trend, which in this case is still upward.
I hope this explanation helps you understand the trend in the image. If you have any more questions, feel free to ask. 😊#Write2Earn #TrendingTopic #BitcoinTakeOver #Bitcoin‬ #Bullrun $BTC
#Write2Earn #BitcoinTakeOver #BTCBefore2025 , for the past eight or so years. And yet, the coin still remains on top, and BTC investors enjoy high profits, patiently waiting for yet another meteoric BTC price rise. However, the crypto industry is rapidly changing, and some crypto enthusiasts are starting to doubt whether Bitcoin is still worth investing in. Please note that this is our long-term Bitcoin price prediction. This article does not constitute financial advice, and we are not investment advisors. Bitcoin Overview Bitcoin Price $47,408 Bitcoin Price Change 24h 5.72% Bitcoin Price Change 7d 9.72% Bitcoin Market cap $927,807,841,689.52 Bitcoin Circulating Supply 19,622,887 BTC Bitcoin Trading Volume $33,668,236,819.21 Bitcoin All time high $68,789.63 Bitcoin All time low $0.05 Bitcoin Price Prediction 7d $46,178 (-2.54) Bitcoin Fear-Greed Index 72 (Greed) Bitcoin Sentiment Bullish Bitcoin Volatility 3.70% Bitcoin Green Days 16/30 (53%) Bitcoin 50-Day SMA $42,497 Bitcoin 200-Day SMA $34,654 Bitcoin 14-Day RSI 64.68 Our real-time BTC to USD price update shows the current Bitcoin price as $47,408 USD. Our most recent Bitcoin price forecast indicates that its value will increase by -0.63% and reach $47,083 by February 11, 2024. Our analysis of the technical indicators suggests that the current market feeling is Bullish Bearish 19%, with a Fear & Greed Index score of 72 (Greed). Over the last 30 days, Bitcoin has had 16/30 (53%) green days and 3.70% price volatility. Bitcoin (BTC) Technical Overview When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments. BULLISH Bullish 81% Bearish 19%
#Write2Earn #BitcoinTakeOver #BTCBefore2025 , for the past eight or so years. And yet, the coin still remains on top, and BTC investors enjoy high profits, patiently waiting for yet another meteoric BTC price rise.

However, the crypto industry is rapidly changing, and some crypto enthusiasts are starting to doubt whether Bitcoin is still worth investing in.

Please note that this is our long-term Bitcoin price prediction. This article does not constitute financial advice, and we are not investment advisors.

Bitcoin Overview
Bitcoin Price
$47,408
Bitcoin Price Change 24h
5.72%
Bitcoin Price Change 7d
9.72%
Bitcoin Market cap
$927,807,841,689.52
Bitcoin Circulating Supply
19,622,887 BTC
Bitcoin Trading Volume
$33,668,236,819.21
Bitcoin All time high
$68,789.63
Bitcoin All time low
$0.05
Bitcoin Price Prediction 7d
$46,178 (-2.54)
Bitcoin Fear-Greed Index
72 (Greed)
Bitcoin Sentiment
Bullish
Bitcoin Volatility
3.70%
Bitcoin Green Days
16/30 (53%)
Bitcoin 50-Day SMA
$42,497
Bitcoin 200-Day SMA
$34,654
Bitcoin 14-Day RSI
64.68
Our real-time BTC to USD price update shows the current Bitcoin price as $47,408 USD.
Our most recent Bitcoin price forecast indicates that its value will increase by -0.63% and reach $47,083 by February 11, 2024.
Our analysis of the technical indicators suggests that the current market feeling is Bullish Bearish 19%, with a Fear & Greed Index score of 72 (Greed).
Over the last 30 days, Bitcoin has had 16/30 (53%) green days and 3.70% price volatility.
Bitcoin (BTC) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
BULLISH
Bullish 81%
Bearish 19%
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Baissier
💰💰💰Bitcoin extends its gains, breaking through the $50,000 level. Level jumped above $50,000 Monday, at one point reaching its highest level in more than two years.✅✅✅ The price of the flagship cryptocurrency was last higher by 4% at $50,168.36, according to Coin Metrics. Earlier, it rose to $50,334.00, its highest level since December 2021. Ether was higher by more than 5.5% at $2,643.80, after rising to $2,638.62 for the first time since Jan. 12. $50,000 is a significant milestone for bitcoin after the launch of spot ETFs last month not only failed to elicit a move above this key psychological level but led to a selloff and some deep soul searching about these new bitcoin products,” said Antoni Trenchev, co-founder of crypto services firm Nexo. Bitcoin is coming off its best week since Dec. 8, ending up 10.76% as of Friday. #Write2Earn‬ #TrendingTopic. #DYM #BitcoinTakeOver #CryptocurrencyPotential
💰💰💰Bitcoin extends its gains, breaking through the $50,000 level. Level jumped above $50,000 Monday, at one point reaching its highest level in more than two years.✅✅✅

The price of the flagship cryptocurrency was last higher by 4% at $50,168.36, according to Coin Metrics. Earlier, it rose to $50,334.00, its highest level since December 2021. Ether was higher by more than 5.5% at $2,643.80, after rising to $2,638.62 for the first time since Jan. 12.

$50,000 is a significant milestone for bitcoin after the launch of spot ETFs last month not only failed to elicit a move above this key psychological level but led to a selloff and some deep soul searching about these new bitcoin products,” said Antoni Trenchev, co-founder of crypto services firm Nexo.

Bitcoin is coming off its best week since Dec. 8, ending up 10.76% as of Friday.

#Write2Earn‬ #TrendingTopic. #DYM #BitcoinTakeOver #CryptocurrencyPotential
🔵 Bitcoin (BTC) Price to $600,000: Tuur Demeester Shares Uber-Bullish Forecast 👉🏻💲 Bitcoin (BTC) Price to $600,000: Tuur Demeester Shares Uber-Bullish Forecast Table of Contents Crypto News Bitcoin (BTC) Price to $600,000: Tuur Demeester Shares Uber-Bullish Forecast  ADDY  BTC  STRK  ADMC  CEO  By U_Today 7m ago • 2 mins read  Table of Contents $200-$600K by 2026: Bitcoin (BTC) price targets by Tuur Demeester Two BTC price peaks instead of one? Cover image via U.Today Legendary Bitcoiner, macro economist and investor Tuur Demeester, an editor-in-chief of Adamant Research, indicated some details of the upcoming bull market. Here's why it will be different from 2021 rally. $200-$600K by 2026: Bitcoin (BTC) price targets by Tuur Demeester By the year of 2026, the price of Bitcoin (BTC), the largest cryptocurrency, might reach levels between $200,000 and $600,000 per coin. This unbelievable 4-12x rally will be fueled by trillions in cash from various bailouts and stimulus programs.💲 #Write2Earn #BTC #TrendingTopic #BitcoinTakeOver $BTC
🔵 Bitcoin (BTC) Price to $600,000: Tuur Demeester Shares Uber-Bullish Forecast

👉🏻💲 Bitcoin (BTC) Price to $600,000: Tuur Demeester Shares Uber-Bullish Forecast

Table of Contents

Crypto News

Bitcoin (BTC) Price to $600,000: Tuur Demeester Shares Uber-Bullish Forecast



ADDY



BTC



STRK



ADMC



CEO



By U_Today

7m ago



2 mins read



Table of Contents

$200-$600K by 2026: Bitcoin (BTC) price targets by Tuur Demeester

Two BTC price peaks instead of one?

Cover image via U.Today

Legendary Bitcoiner, macro economist and investor Tuur Demeester, an editor-in-chief of Adamant Research, indicated some details of the upcoming bull market. Here's why it will be different from 2021 rally.

$200-$600K by 2026: Bitcoin (BTC) price targets by Tuur Demeester

By the year of 2026, the price of Bitcoin (BTC), the largest cryptocurrency, might reach levels between $200,000 and $600,000 per coin. This unbelievable 4-12x rally will be fueled by trillions in cash from various bailouts and stimulus programs.💲

#Write2Earn #BTC #TrendingTopic #BitcoinTakeOver
$BTC
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🚨 BREAKING 🚨 BLACKROCK HAS BOUGHT 109,000 BTC WORTH $5.6 BILLION IN JUST THREE WEEKS. THE TOTAL MINED BTC DURING THE SAME TIME PERIOD IS 31,500 WHICH MEANS THAT BLACKROCK HAS ACQUIRED 3X THE TOTAL MINED BTC. #Write2Earn #BitcoinTakeOver #BlackRlock
🚨 BREAKING 🚨

BLACKROCK HAS BOUGHT 109,000 BTC WORTH $5.6 BILLION IN JUST THREE WEEKS.

THE TOTAL MINED BTC DURING THE SAME TIME PERIOD IS 31,500 WHICH MEANS THAT BLACKROCK HAS ACQUIRED 3X THE TOTAL MINED BTC.
#Write2Earn #BitcoinTakeOver #BlackRlock
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Haussier
🔸Bitcoin Bitwise Bitcoin ETF approved investment option for $30 billion advisor network 💡More $$$ is coming to #btc. We already see how much demand other Institutional Investors have created for bitcoin since the #BitcoinETF💰💰💰 have been approved. These are possitive news. continue... #Bitwise #BitcoinTakeOver $BTC
🔸Bitcoin

Bitwise Bitcoin ETF approved investment option for $30 billion advisor network

💡More $$$ is coming to #btc. We already see how much demand other Institutional Investors have created for bitcoin since the #BitcoinETF💰💰💰 have been approved. These are possitive news.

continue...

#Bitwise #BitcoinTakeOver $BTC
NOTE:🗣️🗣️🗣️🙋🙋🎁🎁🎁 Our Fantom FTM price forecast indicates an expected surge of 28.36% in the coming five days. Currently valued at $0.368750, FTM has recently gained 3.38% in the last 24 hours, surpassing the overall cryptocurrency market, which recorded a 2.82% increase in total market cap over the same period. FTM has also demonstrated robust performance against BTC, with a notable 0.46% gain against the leading cryptocurrency. According to our prediction, by February 12, 2024, FTM is forecasted to attain $0.465425, signaling a significant 28.36% price upswing in the next five days.#FTMRising #Write2Earn #CZSanta #BitcoinTakeOver #TrendingTopic
NOTE:🗣️🗣️🗣️🙋🙋🎁🎁🎁
Our Fantom FTM price forecast indicates an expected surge of 28.36% in the coming five days. Currently valued at $0.368750, FTM has recently gained 3.38% in the last 24 hours, surpassing the overall cryptocurrency market, which recorded a 2.82% increase in total market cap over the same period. FTM has also demonstrated robust performance against BTC, with a notable 0.46% gain against the leading cryptocurrency. According to our prediction, by February 12, 2024, FTM is forecasted to attain $0.465425, signaling a significant 28.36% price upswing in the next five days.#FTMRising #Write2Earn #CZSanta #BitcoinTakeOver #TrendingTopic
Beginners Must know! Bitcoin's volatility is a combination of its unique properties, market dynamics, speculative trading, and external factors. While volatility presents opportunities for profit, it also increases risk and can deter mainstream adoption as a reliable medium of exchange or store of value. Limited supply Market perception Speculation Liquidity Market manipulation Technological factors Macro-economic Factors #Write2Earn #BitcoinTakeOver #begginermistake
Beginners Must know!

Bitcoin's volatility is a combination of its unique properties, market dynamics, speculative trading, and external factors. While volatility presents opportunities for profit, it also increases risk and can deter mainstream adoption as a reliable medium of exchange or store of value.

Limited supply
Market perception
Speculation
Liquidity
Market manipulation
Technological factors
Macro-economic Factors

#Write2Earn
#BitcoinTakeOver
#begginermistake
Yes
80%
No
20%
5 votes • Vote fermé
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Haussier
@Hani_crypto Follow 💵🤑🪙✅💵🤑🪙✅💵🤑🪙✅ There is currently 900 new bitcoin mined per day after the halving it will be 450 per day people focus on the number of bitcoin here but I like to focus on the $ amount 900 bitcoin per day x 50k is $45 million. Hypothetically if miners sold all their bitcoin each day you need $45 million per day to keep the price the same after the halving you need $22.5 million per day to keep the price the same this dollar amount changes as the price changes. So when bitcoin hits 100k then it will be $45 million per day again to keep the price the same we're already supporting $45 million per day now, so 100k after the halving should not be a surprise to anyone. #Bitcoin  #TrendingTopic #BitcoinTakeOver   #BullRun 🐂  #Write2Earn
@Hani_crypto
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💵🤑🪙✅💵🤑🪙✅💵🤑🪙✅
There is currently 900 new bitcoin mined per day after the halving it will be 450 per day

people focus on the number of bitcoin here but I like to focus on the $ amount

900 bitcoin per day x 50k is $45 million.
Hypothetically if miners sold all their bitcoin each day you need $45 million per day to keep the price the same

after the halving you need $22.5 million per day to keep the price the same

this dollar amount changes as the price changes. So when bitcoin hits 100k then it will be $45 million per day again to keep the price the same

we're already supporting $45 million per day now, so 100k after the halving should not be a surprise to anyone.

#Bitcoin  #TrendingTopic #BitcoinTakeOver   #BullRun 🐂  #Write2Earn
🔰 Bitcoin Stands Strong Against US Inflation Data! However, Analysts Warned Investors About the Drop Before Halving! 🔰 ⭕ Bitcoin, which exceeded $ 50,000 on Monday with the rise that started last week, experienced a moderate decline after the US inflation data announced yesterday. ➡ BTC, which fell to $ 48,300 in this decline, recovered again and rose to $ 49,000. While Bitcoin showed impressive resistance despite inflation being above expectations, inflation above expectations reduced expectations for an early interest rate cut. At this point, analysts evaluated its strong stance against US inflation data. 📛 “Bitcoin showed impressive resilience despite the overnight deterioration in risk sentiment and did not fall much. However, my analysis based on some technical indicators on the Bitcoin chart points to the possibility of a temporary drop to $30,000 levels. So there is a possibility that Bitcoin will correct 10% from current levels and fall below $40,000.” Apart from Tony Sycamore, Caroline Mauron, co-founder of Orbit Markets, also evaluated the current situation of BTC. Stating that this strength in Bitcoin was supported by ETF approvals, stable ETF entries and the halving event in April, Mauron underlined that the halving event, which will reduce the Bitcoin supply, has historically been an important catalyst for the rise in prices. ↗↗✔ #Write2Earn #TrendingTopic. #BitcoinTakeOver #BTCAlert $BTC
🔰 Bitcoin Stands Strong Against US Inflation Data! However, Analysts Warned Investors About the Drop Before Halving! 🔰

⭕ Bitcoin, which exceeded $ 50,000 on Monday with the rise that started last week, experienced a moderate decline after the US inflation data announced yesterday.

➡ BTC, which fell to $ 48,300 in this decline, recovered again and rose to $ 49,000.

While Bitcoin showed impressive resistance despite inflation being above expectations, inflation above expectations reduced expectations for an early interest rate cut.

At this point, analysts evaluated its strong stance against US inflation data. 📛

“Bitcoin showed impressive resilience despite the overnight deterioration in risk sentiment and did not fall much.

However, my analysis based on some technical indicators on the Bitcoin chart points to the possibility of a temporary drop to $30,000 levels.

So there is a possibility that Bitcoin will correct 10% from current levels and fall below $40,000.”

Apart from Tony Sycamore, Caroline Mauron, co-founder of Orbit Markets, also evaluated the current situation of BTC.

Stating that this strength in Bitcoin was supported by ETF approvals, stable ETF entries and the halving event in April, Mauron underlined that the halving event, which will reduce the Bitcoin supply, has historically been an important catalyst for the rise in prices. ↗↗✔

#Write2Earn #TrendingTopic. #BitcoinTakeOver #BTCAlert
$BTC
🔴 TRADE - GRT / USDT ( Futures ) 👉 Type - Long 👉 Mode - Isolated 👉 Leverage- 2X to 3X ( Recommend) 📌Buy Zone - 0.170$ to 0.168$ 🎯Target 1. 0.172$ 2. 0.174$ 3. 0.176$ 4. 0.178$ 5. 0.180$ 🛑Stop loss 0.160$-( SL Must Use ) #GRT/USDT #BitcoinTakeOver
🔴 TRADE - GRT / USDT ( Futures )
👉 Type - Long
👉 Mode - Isolated
👉 Leverage- 2X to 3X ( Recommend)
📌Buy Zone - 0.170$ to 0.168$
🎯Target
1. 0.172$
2. 0.174$
3. 0.176$
4. 0.178$
5. 0.180$
🛑Stop loss 0.160$-( SL Must Use )
#GRT/USDT #BitcoinTakeOver
Presently, Bitcoin is encountering resistance at the $52,000 level. A breakout above this resistance could potentially lead to Bitcoin reaching its all-time high (ATH) sentiment. Conversely, failure to break out may result in the formation of a double top pattern on the chart, indicating a potential decline similar to what is observed in the stock market. I am expecting a double top due greed fear index and fomo . #Write2Earn #BTCAlert #BitcoinTakeOver
Presently, Bitcoin is encountering resistance at the $52,000 level. A breakout above this resistance could potentially lead to Bitcoin reaching its all-time high (ATH) sentiment. Conversely, failure to break out may result in the formation of a double top pattern on the chart, indicating a potential decline similar to what is observed in the stock market.
I am expecting a double top due greed fear index and fomo .
#Write2Earn #BTCAlert #BitcoinTakeOver
Btc continuously pumping from that 39k. Now 50k. And there is a Hughes reason for giving the pump. 39k to 50k did not take any good correction. Now Need to take a little correction. Because continuously pumping without taking correction is not a good sign for market. Already generated huge liquidity,ob,imbalance below. Today or tomorrow btc will go down to get these. 👉 Huge long and short opened from 50k so I think long and short both are risky at this time. If btc takes a small correction like 48k and if it sustains there then we can see btc at 52-53k. 👉 Btc movement looks great. Sustaining in one place with pump. This is very good for alts. When btc stabilizes with correction we can see a pump in alts. Now observe the market. Wait for good time. 👉 BTC started facing resistance near the $50,000.The price is expected to retest back into some sort of support zone around $48,500 and lower. Looking at the Daily TF, the price is already at a resistance point, so wait for a healthy or little correction. 🟢 Market Plan : If btc sustain 49400$ - 50300$ area then we can take long and next target 52k. or not sustain this area then wait for little correction like 47500$ - 48500$ area.🚫 CPI Data Today, High Volatility Ahead⚠️ 🗣️ Remember 2 lines:1: Don't short the market, when you know it's bull market or bull run is coming....!!2: Never Short Altscoin. 👉 Be patience bros.Now observe the market. wait for good opportunity. Don’t take any position right now.Understand market sentiment then trade #Write2Earn #TrendingTopic #BTC #BitcoinTakeOver $BTC
Btc continuously pumping from that 39k. Now 50k. And there is a Hughes reason for giving the pump. 39k to 50k did not take any good correction. Now Need to take a little correction. Because continuously pumping without taking correction is not a good sign for market. Already generated huge liquidity,ob,imbalance below. Today or tomorrow btc will go down to get these.

👉 Huge long and short opened from 50k so I think long and short both are risky at this time. If btc takes a small correction like 48k and if it sustains there then we can see btc at 52-53k.

👉 Btc movement looks great. Sustaining in one place with pump. This is very good for alts. When btc stabilizes with correction we can see a pump in alts. Now observe the market. Wait for good time.

👉 BTC started facing resistance near the $50,000.The price is expected to retest back into some sort of support zone around $48,500 and lower. Looking at the Daily TF, the price is already at a resistance point, so wait for a healthy or little correction.

🟢 Market Plan : If btc sustain 49400$ - 50300$ area then we can take long and next target 52k. or not sustain this area then wait for little correction like 47500$ - 48500$ area.🚫 CPI Data Today, High Volatility Ahead⚠️

🗣️ Remember 2 lines:1: Don't short the market, when you know it's bull market or bull run is coming....!!2: Never Short Altscoin.

👉 Be patience bros.Now observe the market. wait for good opportunity. Don’t take any position right now.Understand market sentiment then trade
#Write2Earn #TrendingTopic #BTC #BitcoinTakeOver
$BTC
⭕ Bitcoin 'Stronger’ Ahead of Halving: Grayscale❗❓ 🛑 Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago. Bitcoin could see a steady price increase after its halving event on lower selling pressure and new interest in native Bitcoin-based applications. Ordinals have revitalized Bitcoin on-chain activity and bolstered fundamentals while buying demand from spot bitcoin exchange-traded funds (ETFs), which are likely to support higher prices in the future. Bitcoin’s (BTC) technical fundamentals and use cases have significantly increased in the past year and likely made the asset “stronger” ahead of its historically bullish halving event compared to previous years, crypto asset management Grayscale said in a research note last week. “Despite miner revenue challenges in the short term, fundamental on-chain activity and positive market structure updates make this halving different on a fundamental level,” researcher Michael Zhao said. “While it has long been heralded as digital gold, recent developments suggest that bitcoin is evolving into something even more significant.”  Generative Art Platform Art Blocks Acquires NFT Marketplace Sansa Bitcoin’s (BTC) technical fundamentals and use cases have significantly increased in the past year and likely made the asset “stronger” ahead of its historically bullish halving event compared to previous years, crypto asset management Grayscale said in a research note last week. “Despite miner revenue challenges in the short term, fundamental on-chain activity and positive market structure updates make this halving different on a fundamental level,” researcher Michael Zhao said. #Write2Earn #TrendingTopic #BitcoinTakeOver $BTC
⭕ Bitcoin 'Stronger’ Ahead of Halving: Grayscale❗❓

🛑 Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.

Bitcoin could see a steady price increase after its halving event on lower selling pressure and new interest in native Bitcoin-based applications.

Ordinals have revitalized Bitcoin on-chain activity and bolstered fundamentals while buying demand from spot bitcoin exchange-traded funds (ETFs), which are likely to support higher prices in the future.

Bitcoin’s (BTC) technical fundamentals and use cases have significantly increased in the past year and likely made the asset “stronger” ahead of its historically bullish halving event compared to previous years, crypto asset management Grayscale said in a research note last week.

“Despite miner revenue challenges in the short term, fundamental on-chain activity and positive market structure updates make this halving different on a fundamental level,” researcher Michael Zhao said. “While it has long been heralded as digital gold, recent developments suggest that bitcoin is evolving into something even more significant.”

 Generative Art Platform Art Blocks Acquires NFT Marketplace Sansa
Bitcoin’s (BTC) technical fundamentals and use cases have significantly increased in the past year and likely made the asset “stronger” ahead of its historically bullish halving event compared to previous years, crypto asset management Grayscale said in a research note last week.
“Despite miner revenue challenges in the short term, fundamental on-chain activity and positive market structure updates make this halving different on a fundamental level,” researcher Michael Zhao said.

#Write2Earn #TrendingTopic #BitcoinTakeOver
$BTC
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