📉 $BTC Price Action Update 📉

🔹 Current Price: $68,220.71 (-1.98%)
🔹 24h High: $69,600.00 | 24h Low: $67,478.73
🔹 24h Volume: 20,633.41 BTC / 1.41B USDT

Bitcoin is showing a slight dip today, maintaining support just above the $67,400 level. Here’s a technical breakdown and what to watch in the near term:

🔍 Technical Indicators:

MACD & RSI: Show bearish momentum; RSI approaching oversold territory, which could indicate potential for a bounce.

Bollinger Bands: Narrowing, suggesting price consolidation; breakout likely if price breaches upper or lower band.

Support & Resistance:

Support around $67,400 has held firm.

Resistance at $69,600; breaking above could signal renewed bullish momentum.

📊 Recent Performance Overview

7 Days: +1.76%

30 Days: +12.42%

1 Year: +97.58%

With recent fluctuations, BTC traders are watching closely for possible breakout signals. Volatility may increase, so keep an eye on these key levels as the market shapes up! 🚀
#BTC #Bitcoi #CryptoUpdates #Write2Earn! #Therapydogcoin $BTC

#Bitcoi #BTC #ETH #tia since the weekend showed us yesterday why it's so important Immediately after the 4-hour candle closed below, we saw two failed rallies before pushing lower This is the healthy correction we have been waiting for and it meets the entry limits perfectly As always, after such a move, we wait for the price action to develop The test I'm looking for has its lowest price on Monday ($36,3k) If recovered, we could continue in the range up to $37,5k If we see rejection from this level then we could trade the range between $34,000 and $36,000, as we did in late October Like Share Comment Your supportive tips would be appreciated & follow 2 2 »

rediction of BTC price in April 2024 Bitcoin An article that everyone must need to read.

Bitcoin, a digital currency created in 2009, undergoes halving events about every four years. These halvings cut the number of bitcoins miners receive as a reward for verifying transactions, impacting its supply and price. Let's delve into the past halvings and their price effects.
1. The Genesis Block: Bitcoin's Start
- Bitcoin began with no halvings, rewarding miners with 50 bitcoins per block.
2. The First Halving (2012): A Big Step
- In 2012, the first halving reduced rewards from 50 to 25 bitcoins per block.
- Bitcoin's price rose afterward, kicking off a new price trend. The Highest price was $1,170 and the Lowest price was at $12.4.
3. The Second Halving (2016): Growing Interest
- In 2016, rewards decreased from 25 to 12.5 bitcoins per block.
- Bitcoin gained attention from more people and saw a significant price increase. The highest price of Bitcoin was $19,400, while the lowest price was $8,590.
4. The Third Halving (2020): Facing Challenges
- Amid a global pandemic, rewards dropped from 12.5 to 6.25 bitcoins per block.
- Despite concerns, Bitcoin's price rose, attracting more investors and institutions and The highest price of Bitcoin in 2020 after the halving was $67,400, while the lowest price was $535.
5. The fourth halving (2024)
The fourth Halving is set to happened in April 2024 and reward would be reduced to 3.125 from 6.25. During this timeframe, Bitcoin's price is forecasted to reach a minimum of $34,310.52 and a maximum of $120,000, with an average price of $77,500.
Conclusion:
Bitcoin helving's, occurring every four years, impact its supply and price. Historical patterns suggest they often lead to price increases, attracting more interest and investment. So i am bullish on Bitcoin and i think you should be.
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#HotTrends  #BTC  #Halving2024  #Bitcoi #2024HotTrend

JUST IN:
🇺🇸
Donald Trump greeted by a huge crowd as he arrives to speak at the #Bitcoi n conference.

Breaking News! 🚨🚨🚨🚨🚨🚨🚨
Nasdaq is taking a major leap into the crypto space! 🚀💰💰💰💰
The renowned stock exchange is seeking approval from the SEC to launch Bitcoin options trading! 🤯📈
This move could bring more mainstream attention and investment to the cryptocurrency market 📊💸.
If approved, Nasdaq's Bitcoin options trading will provide a new avenue for investors to engage with the digital currency 📈🔝.
Stay tuned for a potential game-changer in the crypto world! 🚀👀

#Bitcoi #spotsignal #cryptocurrency #SEC #apCryptoCalls
$BTC

South Korea Pension Fund has purchased approximately $34 million worth of MicroStrategy shares.

The total number of MicroStrategy shares in the fund has increased to 245,000, with a total value of over $32 million.

This investment means that the fund has indirectly invested in $BTC , as MicroStrategy is the largest institutional #Bitcoi holder.

The fund also owns 229,807 shares of Coinbase, worth over $45 million.

#Bitcoi is revolutionizing the financial landscape, disrupting traditional systems, and ushering in a new era of innovation in digital currency." 🚀💰 #BitcoinRevolution
#Web3Wallet #BinanceBlockchainWeek #BRC20 $BTC $BNT $USDC

$BTC

Once this consolidation ends on #Bitcoi

We are going to see the next parabolic run.

Are you ready?

#Bitcoi  Bearish Divergence Into Play 📉

$BTC BTC  showing concerning signs, but I remain long-term bullish despite short-term uncertainties.

Bearish divergence + RSI below resistance could spur pullback if $44k fails.

If so, watch $43.5k-$44k level.

Lose that and we may see $30k🔻

But hold> $44k = rally to $51k.

Weigh scenarios carefully friends.

➡️ Bearish divergence forming

➡️ RSI struggling below resistance

➡️ $44k Critical Resistance

➡️ Below that could hit $30k

➡️ But over $44k keeps $51k+

#FOM #BTC