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Secrete Tip for Everyone on #Binancefeed to get more engagement and follow up!
-Post According to the #Trend 🚀
-Create a Short and knowledgeable post
-Follow #Hashtags 😍
-Target posts With more details and authentication
#bnbgreenfield #chatgpt
-Post According to the #Trend 🚀
-Create a Short and knowledgeable post
-Follow #Hashtags 😍
-Target posts With more details and authentication
#bnbgreenfield #chatgpt
Bitcoin Price Analysis: Back At The Bottom, Bitcoin Wards Off Buyers With a Megaphone!
#GOATMoments Bitcoin’s been on a seesaw ride for the past month, swinging between $31,500 and $29,650. These levels have proven to be significant with Bitcoin’s price smacking into and bouncing back from both these levels three times. Even more intriguing? We’re seeing a ‘megaphone’ pattern emerge in this tug of war—a hint of growing volatility and a potential trend reversal. So, are you planning to buy the dip or wait for more discounted prices? Check out Bitcoin price analysis to create a more technical viewpoint.
Also read: Bitcoin Long-Term Holders Reach ATH, Is The Time For Quick Gains Over?
Bitcoin Price Daily Chart
The Bitcoin price, currently confined within a narrow range, requires a breakout opportunity to reestablish a directional trend.
If a breakout occurs above $31,500, it could trigger a surge in the coin’s price, potentially resulting in a 4.5% increase.
The intraday trading volume in Bitcoin is $10.5 Billion, indicating a 35% gain.
Tradingview
Bitcoin’s price action has entered a consolidation phase, trapped sideways after an impressive 21% surge in the last 15 days of June.
For almost 31 days, it has been hovering within a defined range, with $29,642 and $31,498 acting as the lower and upper bands respectively. This period of consolidation has bottled up significant momentum, potentially setting the stage for a sudden price shift upon breakout.
Currently, Bitcoin trades at $29,893 close to the support with signs of lower price rejection.
Moreover, an analysis of the closing price of each swing within the consolidation phase reveals a pattern of higher highs. Interestingly, similar observations can be made when examining the closing price of each bearish candle near the support band.
From these observations, it is evident that Bitcoin’s price action has formed a ‘megaphone’ pattern.
Will Bitcoin Crash After This Sideways #Trend ?
The Megaphone pattern projects increased uncertainty and volatility, hinting at a potential trend reversal. In essence, it forecasts a possible bearish reversal in Bitcoin prices. However, the lower price rejection in Bitcoin prices suggests a potential bullish revival. This could lead to a new swing high within the consolidation phase, or possibly even a bullish breakout.
If a bullish breakout does occur, Bitcoin prices could reach a high of $32,957, based on range breakout projections. Conversely, should prices fail to sustain above the $29,642 mark, Bitcoin could fall as low as $27,925.
EMAs: The #bitcoin prices, supported at the 50-day EMA, hint at a high likelihood of a bullish reversal due to the emergence of a Morning Star pattern. Furthermore, in the critical view of the daily chart, the 200, 100, 50, and 20 EMA align in a bullish formation.
Relative Strength Index: The RSI line indicates a bearish divergence during the consolidation phase. However, it finds support at the central line, suggesting a potential upside reversal.#BRC20 #MultiChain
Also read: Bitcoin Long-Term Holders Reach ATH, Is The Time For Quick Gains Over?
Bitcoin Price Daily Chart
The Bitcoin price, currently confined within a narrow range, requires a breakout opportunity to reestablish a directional trend.
If a breakout occurs above $31,500, it could trigger a surge in the coin’s price, potentially resulting in a 4.5% increase.
The intraday trading volume in Bitcoin is $10.5 Billion, indicating a 35% gain.
Tradingview
Bitcoin’s price action has entered a consolidation phase, trapped sideways after an impressive 21% surge in the last 15 days of June.
For almost 31 days, it has been hovering within a defined range, with $29,642 and $31,498 acting as the lower and upper bands respectively. This period of consolidation has bottled up significant momentum, potentially setting the stage for a sudden price shift upon breakout.
Currently, Bitcoin trades at $29,893 close to the support with signs of lower price rejection.
Moreover, an analysis of the closing price of each swing within the consolidation phase reveals a pattern of higher highs. Interestingly, similar observations can be made when examining the closing price of each bearish candle near the support band.
From these observations, it is evident that Bitcoin’s price action has formed a ‘megaphone’ pattern.
Will Bitcoin Crash After This Sideways #Trend ?
The Megaphone pattern projects increased uncertainty and volatility, hinting at a potential trend reversal. In essence, it forecasts a possible bearish reversal in Bitcoin prices. However, the lower price rejection in Bitcoin prices suggests a potential bullish revival. This could lead to a new swing high within the consolidation phase, or possibly even a bullish breakout.
If a bullish breakout does occur, Bitcoin prices could reach a high of $32,957, based on range breakout projections. Conversely, should prices fail to sustain above the $29,642 mark, Bitcoin could fall as low as $27,925.
EMAs: The #bitcoin prices, supported at the 50-day EMA, hint at a high likelihood of a bullish reversal due to the emergence of a Morning Star pattern. Furthermore, in the critical view of the daily chart, the 200, 100, 50, and 20 EMA align in a bullish formation.
Relative Strength Index: The RSI line indicates a bearish divergence during the consolidation phase. However, it finds support at the central line, suggesting a potential upside reversal.#BRC20 #MultiChain
Key points about Litecoin's growth and adoption since the halving:
- **Transaction Volume and Hash Rate Surge:** Litecoin's transaction volume and hash rate have increased over the years.
- **Bearish #Trend Since Halving:** After the #halving event, #Litecoin entered a bearish trend, preventing large investors (whales) from capitalizing on gains.
- **Halving Event and Adoption:** The halving event cut miners' rewards and raised hopes for increased demand due to scarcer LTC.
- **Comparison with 2019:** Transaction volume has grown 5x since the last halving in 2019, backed by #data from Santiment.
- **Mainstream Adoption and Volatility:** Despite market volatility, Litecoin gained mainstream adoption, contributing to increased transaction volume.
- **Hash Rate Growth:** The rise in transaction volume led to increased mining activity, causing the hash rate to grow significantly.
- **Whale Activity:** #Whales accumulated LTC before the halving, leading to increased supply and whale transactions.
- **Post-Halving Situation:** Most large investors didn't sell after the halving due to lack of incentives.
- **Price Performance:** Litecoin's price dropped by 10% post-halving, trading around $83.70 at the time.
- **Uncertain Future for Whales:** It's uncertain how long LTC whales will hold offloading their holdings.
$LTC $BTC $BNB
- **Transaction Volume and Hash Rate Surge:** Litecoin's transaction volume and hash rate have increased over the years.
- **Bearish #Trend Since Halving:** After the #halving event, #Litecoin entered a bearish trend, preventing large investors (whales) from capitalizing on gains.
- **Halving Event and Adoption:** The halving event cut miners' rewards and raised hopes for increased demand due to scarcer LTC.
- **Comparison with 2019:** Transaction volume has grown 5x since the last halving in 2019, backed by #data from Santiment.
- **Mainstream Adoption and Volatility:** Despite market volatility, Litecoin gained mainstream adoption, contributing to increased transaction volume.
- **Hash Rate Growth:** The rise in transaction volume led to increased mining activity, causing the hash rate to grow significantly.
- **Whale Activity:** #Whales accumulated LTC before the halving, leading to increased supply and whale transactions.
- **Post-Halving Situation:** Most large investors didn't sell after the halving due to lack of incentives.
- **Price Performance:** Litecoin's price dropped by 10% post-halving, trading around $83.70 at the time.
- **Uncertain Future for Whales:** It's uncertain how long LTC whales will hold offloading their holdings.
$LTC $BTC $BNB
Huge hit on Bitcoin
On Apr 02, 2024, 18:51 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 66,000 USDT benchmark and is now trading at 66,000.117188 USDT, with a 4.19% decrease in 24 hours.
$BTC #Trend #TrendingAssets #BitcoinHalvingMassiveEvent
On Apr 02, 2024, 18:51 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 66,000 USDT benchmark and is now trading at 66,000.117188 USDT, with a 4.19% decrease in 24 hours.
$BTC #Trend #TrendingAssets #BitcoinHalvingMassiveEvent
#BitcoinHalvingDrama
Day has not come yet! Get out of drama and start gaining profits by this simple rule:
This happened before and will happen again and again
When #BTC\USD goes in a single candle down over 8% then the bull market starts
Go out now, pick your positions in alt coins with -30% of their current values and wait.
Patience always pays
$ETH
$SOL
$BTC
#Bitcoin #BullorBear #Trend
No donations here
Day has not come yet! Get out of drama and start gaining profits by this simple rule:
This happened before and will happen again and again
When #BTC\USD goes in a single candle down over 8% then the bull market starts
Go out now, pick your positions in alt coins with -30% of their current values and wait.
Patience always pays
$ETH
$SOL
$BTC
#Bitcoin #BullorBear #Trend
No donations here
$SHIB A Word of Caution About WIF ♠️♠️🚨🚨
Important Things to Consider Before Buying WIF:
1. Remain Calm: Avoid making snap judgments motivated by FOMO. Stop, consider the circumstances, and make a decision.
2. Timing Is Important: The price of cryptocurrencies, like WIF, fluctuates. Hold off on acting until the prices are more favorable.
3. Refrain from Hastiness: Hasty purchases can cause regrets. If impulsive, regardless of the extent of the profit, think about selling while things are profitable.
4. Don't Chase Peaks: During price spikes, it's common to have FOMO. Recall, there will be possibilities in the future; patience is essential.
5. Responsibly Invest: Make sure your money is secure even in the event of unanticipated market fluctuations by only investing what you can afford to lose. Following these recommendations promotes risk reduction and well-informed decision-making. #Launchpoolreward #Dogecoin #ShibaInu #Trend #Pepe
Important Things to Consider Before Buying WIF:
1. Remain Calm: Avoid making snap judgments motivated by FOMO. Stop, consider the circumstances, and make a decision.
2. Timing Is Important: The price of cryptocurrencies, like WIF, fluctuates. Hold off on acting until the prices are more favorable.
3. Refrain from Hastiness: Hasty purchases can cause regrets. If impulsive, regardless of the extent of the profit, think about selling while things are profitable.
4. Don't Chase Peaks: During price spikes, it's common to have FOMO. Recall, there will be possibilities in the future; patience is essential.
5. Responsibly Invest: Make sure your money is secure even in the event of unanticipated market fluctuations by only investing what you can afford to lose. Following these recommendations promotes risk reduction and well-informed decision-making. #Launchpoolreward #Dogecoin #ShibaInu #Trend #Pepe
All of you, repeat after me!
when we see a hammer!
when we see a hammer!
the coin goes up!
the coin goes up!
$ETHFI is all set to give you some short to medium term profits
#ETHFI #Trend #Trending #TrendingTopic
when we see a hammer!
when we see a hammer!
the coin goes up!
the coin goes up!
$ETHFI is all set to give you some short to medium term profits
#ETHFI #Trend #Trending #TrendingTopic
#TrendingTopic #BTC
$BTC
🔴🔴 BITCOIN $100,000 - $120,000 🔴
There are analysts and experts predicting that after the halving event, Bitcoin could skyrocket to $100,000!
While no one can guarantee this, imagine the stories we'll have to share with our grandchildren about witnessing Bitcoin's journey from zero to the reigning king of cryptocurrencies! 🚀💰
#Binance #Trend #BTCHALVING
$BTC
🔴🔴 BITCOIN $100,000 - $120,000 🔴
There are analysts and experts predicting that after the halving event, Bitcoin could skyrocket to $100,000!
While no one can guarantee this, imagine the stories we'll have to share with our grandchildren about witnessing Bitcoin's journey from zero to the reigning king of cryptocurrencies! 🚀💰
#Binance #Trend #BTCHALVING
The Potential of BNB Chain: The Next Meme Coin Trend
Survival Instinct: Why Not BNB?
- In a world seeking meme coins, BNB stands tall.
Three Reasons Why BNB Chain Is the Next Meme Coin Hotspot:
1. Launchpool Lift-off:
BNB's price surge post-Launchpool and burning announcements proves its allure. The rewards remain steady, but the entry fee is now higher, making BNB more desirable.
2. Competition Crusade:
Binance's quest to outshine rivals demands extraordinary tactics. The time is ripe for BNB enthusiasts to embrace meme coins on the BNB Chain.
3. Trend Tracking:
Following SOL's success, DOT and COINBASE are gearing up with their meme coins. Riding the trend wave, why should BNB stay behind?
Free #AirdropHunting 🚀
Currently, some are losing in crypto, while others mock the market. But your favorite influencer has a different request—check the screenshot. Maybe meme coins are on the horizon, with a portion distributed via airdrops. Keep an eye on X, because anything can happen. And yes, you know who he is.
.
💟+🔁+🔤
.
$BNB #Memecoins $SOL #Trend #Prediction #Binance
- In a world seeking meme coins, BNB stands tall.
Three Reasons Why BNB Chain Is the Next Meme Coin Hotspot:
1. Launchpool Lift-off:
BNB's price surge post-Launchpool and burning announcements proves its allure. The rewards remain steady, but the entry fee is now higher, making BNB more desirable.
2. Competition Crusade:
Binance's quest to outshine rivals demands extraordinary tactics. The time is ripe for BNB enthusiasts to embrace meme coins on the BNB Chain.
3. Trend Tracking:
Following SOL's success, DOT and COINBASE are gearing up with their meme coins. Riding the trend wave, why should BNB stay behind?
Free #AirdropHunting 🚀
Currently, some are losing in crypto, while others mock the market. But your favorite influencer has a different request—check the screenshot. Maybe meme coins are on the horizon, with a portion distributed via airdrops. Keep an eye on X, because anything can happen. And yes, you know who he is.
.
💟+🔁+🔤
.
$BNB #Memecoins $SOL #Trend #Prediction #Binance
We are in the beginning Of New Trend 👉🏻 Cats Coins and Tokens 😺
#Trend
#News
#2024BullRun
#2025bullrun
#Cat
#Trend
#News
#2024BullRun
#2025bullrun
#Cat