The weekly $BTC chart reveals a recurring pre- and post-halving pattern, seen in both 2021 and 2024. In 2021, Bitcoin experienced a strong pre-halving rally, followed by an accumulation phase before a parabolic rise. A similar structure is unfolding in 2024. The current price of $62,941.37 sits at a critical juncture, just above a major accumulation zone. The post-halving upside, indicated by the green box, suggests Bitcoin could potentially target $80,000 or higher if it follows the historical trend. The retracement seen at the pre-halving stage (blue circle) could be the final dip before a large move upward.
On the daily timeframe, Bitcoin has been oscillating within a descending channel since March 2024. Each test of the channel's upper and lower boundaries is critical, with the most recent bounce taking Bitcoin back above $62,000. The key support levels at $52,902 and $50,643, marked in yellow, indicate where Bitcoin could find a base if it faces rejection. The upper boundary of the channel, which Bitcoin is approaching, could trigger a breakout if surpassed. Sustained momentum above $64,000 would confirm this bullish breakout, signaling a potential rally to new highs.
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We need to distinguish real from Sybil users. Complete the necessary eligibility tasks quickly—there will be no room for complaints later.

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Timeline:
✅Sep 20: End of eligibility tasks deadline.
🔒Sep 21: A snapshot will be taken.
🎁Sep 22: Distribution of $RBTC airdrop tokens.
📷Sep 23: $RBTC will be listed on major CEXs.
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Bitcoin Rises to $57,700, Whale Liquidates $28 Million

A Bitcoin whale is at risk of a $28 million WBTC liquidation, as price movements suggest further declines ahead.
The recent price fluctuations of Bitcoin [BTC] continue to frustrate traders as uncertainty looms over the “king of cryptocurrencies.” While other cryptocurrencies have experienced similar declines, BTC has been particularly affected by whale activity.

One prominent whale is at risk of liquidating 488.45 WBTC, valued at $28 million, on Compound [COMP], with a health ratio of 1.07 and a liquidation price of $50,429.
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