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How bitcoin price reacted to institutional events 👇 And after that, did anyone expect growth right after the spot BTC ETFs started trading? #btcbear #ETFBitcoin #Bitcoin-ETF $BTC
How bitcoin price reacted to institutional events 👇

And after that, did anyone expect growth right after the spot BTC ETFs started trading?

#btcbear #ETFBitcoin #Bitcoin-ETF $BTC
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📈 $100,000 BTC? Don’t undervalue Bitcoin ETF influence, says Adam Back 📉 Resolving recent systemic failures in the cryptocurrency ecosystem and the prospect of spot Bitcoin ETF approvals could drive Bitcoin to $100,000 in 2024. 🚀 The COVID-19 pandemic, rampant inflation and regional conflicts directly influenced Bitcoin’s drop in value over the past two years. However, 2024 promises to be a resurgent period, according to Blockstream CEO Adam Back. The cryptographer, who pioneered the proof-of-work algorithm applied in Bitcoin's protocol, tells that the preeminent cryptocurrency is trailing below the historical price trend line of previous mining reward-halving events. 🧑‍💻“Biblical” events hurt Bitcoin Back weighed in on the potential price action of Bitcoin as the next halving, which will see Bitcoin miners' block reward reduced by 6.25 BTC to 3.125 BTC, looms in April 2024. Block rewards halvings are programmatically hardwired into Bitcoin’s code, taking place after every 210,000 blocks are mined. #btcbear #BTC
📈 $100,000 BTC? Don’t undervalue Bitcoin ETF influence, says Adam Back 📉

Resolving recent systemic failures in the cryptocurrency ecosystem and the prospect of spot Bitcoin ETF approvals could drive Bitcoin to $100,000 in 2024.

🚀 The COVID-19 pandemic, rampant inflation and regional conflicts directly influenced Bitcoin’s drop in value over the past two years. However, 2024 promises to be a resurgent period, according to Blockstream CEO Adam Back.

The cryptographer, who pioneered the proof-of-work algorithm applied in Bitcoin's protocol, tells that the preeminent cryptocurrency is trailing below the historical price trend line of previous mining reward-halving events.

🧑‍💻“Biblical” events hurt Bitcoin
Back weighed in on the potential price action of Bitcoin as the next halving, which will see Bitcoin miners' block reward reduced by 6.25 BTC to 3.125 BTC, looms in April 2024. Block rewards halvings are programmatically hardwired into Bitcoin’s code, taking place after every 210,000 blocks are mined. #btcbear #BTC
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#btcbear GUYS CLOSE ALL LONG TRADES BECAUSE I AM SMELLING BTC WILL GO DOWN DUE TO CPI DATA RELEASE.TODAY NIGHT . I THINK BTC WILL GO TO 35000 80% CHANCE
#btcbear GUYS CLOSE ALL LONG TRADES BECAUSE I AM SMELLING BTC WILL GO DOWN DUE TO CPI DATA RELEASE.TODAY NIGHT . I THINK BTC WILL GO TO 35000 80% CHANCE
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Bitcoin , the main cryptocurrency, dropped below the $39,000 level, causing alarm in the crypto community. There are several potential reasons for this unexpected plunge in Bitcoin prices: 1 #ftx sold GBTC shares: FTX sold shares of Grayscale's Bitcoin Trust (GBTC) worth about $1 billion, which has rocked the cryptocurrency market. FTX, being in bankruptcy, liquidated all 22 million shares of GBTC, causing turbulence. 2 #etf approvals and volatility: Although the US Securities and Exchange Commission has approved a bitcoin ETF, the market is reacting negatively to the large outflows from Grayscale's Bitcoin Trust (GBTC), especially under the influence of large traders. 3 Investors take profit: In order to lock in profits, some investors, expecting prices to rise, may sell assets during small increases, causing short-term volatility. 4 Regulatory turbulence: Strict regulatory measures against leading crypto exchanges and payment systems are causing uncertainty and negative sentiment among investors. 5 Pause before the publication of economic data: With important economic data such as US GDP and the consumer price index coming out this week, investors may refrain from active moves, waiting for the market's implications. Analysts are warning of a possible further drop in Bitcoin's price, pointing to the $32,700 level as a key point to watch. Factors such as regulatory changes, large trading operations, and the publication of economic data may continue to influence the cryptocurrency market in the near future. #crypto2024 #CryptoNews #btcbear $BTC $ETH $BNB
Bitcoin , the main cryptocurrency, dropped below the $39,000 level, causing alarm in the crypto community.
There are several potential reasons for this unexpected plunge in Bitcoin prices:

1 #ftx sold GBTC shares: FTX sold shares of Grayscale's Bitcoin Trust (GBTC) worth about $1 billion, which has rocked the cryptocurrency market. FTX, being in bankruptcy, liquidated all 22 million shares of GBTC, causing turbulence.

2 #etf approvals and volatility: Although the US Securities and Exchange Commission has approved a bitcoin ETF, the market is reacting negatively to the large outflows from Grayscale's Bitcoin Trust (GBTC), especially under the influence of large traders.

3 Investors take profit: In order to lock in profits, some investors, expecting prices to rise, may sell assets during small increases, causing short-term volatility.

4 Regulatory turbulence: Strict regulatory measures against leading crypto exchanges and payment systems are causing uncertainty and negative sentiment among investors.

5 Pause before the publication of economic data: With important economic data such as US GDP and the consumer price index coming out this week, investors may refrain from active moves, waiting for the market's implications.

Analysts are warning of a possible further drop in Bitcoin's price, pointing to the $32,700 level as a key point to watch. Factors such as regulatory changes, large trading operations, and the publication of economic data may continue to influence the cryptocurrency market in the near future.

#crypto2024 #CryptoNews #btcbear

$BTC $ETH $BNB
ZetaChain Shifts Focus: ZETA Points Program Concludes in Preparation for Mainnet LaunchTitle: ZetaChain Shifts Focus: ZETA Points Program Concludes in Preparation for Mainnet Launch Introduction: As ZetaChain gears up for the next phase of its evolution, a significant update has been announced – the conclusion of the ZETA Points program on ZetaLabs. This decision marks a transition towards new initiatives as ZetaChain prepares for its mainnet launch. While ZETA Points will no longer be available to earn, the existing points earned by users will persist, offering a historical record on the ZetaLabs leaderboard. Retrospective on ZetaLabs Success: ZetaLabs, a pivotal bootstrapped initiative on the ZetaChain testnet, has made history by showcasing omnichain functionality. Notable achievements include the introduction of a native cross-chain swap, featuring support for native BTC, without the need for bridging, wrapping, or locking of assets. The platform has witnessed participation from over 3.2 million users, collectively driving more than 15 million cross-chain transactions. ZetaLabs' rapid growth has played a pivotal role in fostering developer interest, resulting in over 44,000 smart contracts deployed and the integration of more than 150 companies on the testnet. Sunsetting the ZETA Points Program: The ZETA Points program was introduced alongside ZetaLabs, providing users with a mechanism to track their contributions and progress within the platform. It incentivized community engagement through frequent testing of the Swap app and encouraged new user participation through referrals. ZETA Points played a vital role in network testing, aiding in bug exposure and informing necessary network upgrades. As ZetaChain transitions towards mainnet, the ZETA Points program is gracefully sunsetting to pave the way for new initiatives. Looking Ahead: With the conclusion of the ZETA Points program, ZetaChain is making space for fresh initiatives aligned with its mainnet goals. Although users can no longer earn ZETA Points, all previously earned points will remain visible on the ZetaLabs leaderboard, serving as a testament to the community's contributions. Users can continue to explore exciting apps within the ZetaChain ecosystem and actively participate in ongoing incentivized testing campaigns, such as those with OKX Cryptopedia and Bitget Wallet. ZetaChain promises an important update in the coming weeks, signaling a new chapter in its journey. About ZetaChain: ZetaChain positions itself as the blockchain solution aiming to be the only one users will ever need. Functioning as a layer 1 blockchain and developer platform, ZetaChain seamlessly connects various L1 and L2 blockchains, from Ethereum to Bitcoin and beyond. The complete Omnichain toolkit empowers developers to craft genuine omnichain dApps from a singular logical point, providing users secure access to their assets, data, and liquidity in one consolidated and secure space. [Follow ZetaChain on Twitter](https://twitter.com/zetablockchain) As the ZetaChain community bids farewell to the ZETA Points program, anticipation builds for the imminent mainnet launch and the unveiling of new initiatives that will shape the platform's future. ZetaChain's commitment to being the go-to blockchain for developers and users remains unwavering, promising a seamless experience and continued innovation. Stay connected with ZetaChain's social channels for the latest updates and announcements, and brace yourself for the exciting developments ahead.

ZetaChain Shifts Focus: ZETA Points Program Concludes in Preparation for Mainnet Launch

Title: ZetaChain Shifts Focus: ZETA Points Program Concludes in Preparation for Mainnet Launch
Introduction:
As ZetaChain gears up for the next phase of its evolution, a significant update has been announced – the conclusion of the ZETA Points program on ZetaLabs. This decision marks a transition towards new initiatives as ZetaChain prepares for its mainnet launch. While ZETA Points will no longer be available to earn, the existing points earned by users will persist, offering a historical record on the ZetaLabs leaderboard.
Retrospective on ZetaLabs Success:
ZetaLabs, a pivotal bootstrapped initiative on the ZetaChain testnet, has made history by showcasing omnichain functionality. Notable achievements include the introduction of a native cross-chain swap, featuring support for native BTC, without the need for bridging, wrapping, or locking of assets. The platform has witnessed participation from over 3.2 million users, collectively driving more than 15 million cross-chain transactions. ZetaLabs' rapid growth has played a pivotal role in fostering developer interest, resulting in over 44,000 smart contracts deployed and the integration of more than 150 companies on the testnet.
Sunsetting the ZETA Points Program:
The ZETA Points program was introduced alongside ZetaLabs, providing users with a mechanism to track their contributions and progress within the platform. It incentivized community engagement through frequent testing of the Swap app and encouraged new user participation through referrals. ZETA Points played a vital role in network testing, aiding in bug exposure and informing necessary network upgrades. As ZetaChain transitions towards mainnet, the ZETA Points program is gracefully sunsetting to pave the way for new initiatives.
Looking Ahead:
With the conclusion of the ZETA Points program, ZetaChain is making space for fresh initiatives aligned with its mainnet goals. Although users can no longer earn ZETA Points, all previously earned points will remain visible on the ZetaLabs leaderboard, serving as a testament to the community's contributions. Users can continue to explore exciting apps within the ZetaChain ecosystem and actively participate in ongoing incentivized testing campaigns, such as those with OKX Cryptopedia and Bitget Wallet. ZetaChain promises an important update in the coming weeks, signaling a new chapter in its journey.
About ZetaChain:
ZetaChain positions itself as the blockchain solution aiming to be the only one users will ever need. Functioning as a layer 1 blockchain and developer platform, ZetaChain seamlessly connects various L1 and L2 blockchains, from Ethereum to Bitcoin and beyond. The complete Omnichain toolkit empowers developers to craft genuine omnichain dApps from a singular logical point, providing users secure access to their assets, data, and liquidity in one consolidated and secure space.
[Follow ZetaChain on Twitter](https://twitter.com/zetablockchain)
As the ZetaChain community bids farewell to the ZETA Points program, anticipation builds for the imminent mainnet launch and the unveiling of new initiatives that will shape the platform's future. ZetaChain's commitment to being the go-to blockchain for developers and users remains unwavering, promising a seamless experience and continued innovation. Stay connected with ZetaChain's social channels for the latest updates and announcements, and brace yourself for the exciting developments ahead.
All #altcoins will dump 5-10% today ,if #bitcoin hit 39K$ mark in next 48 hours #BONK #SATS #btcbear
All #altcoins will dump 5-10% today ,if #bitcoin hit 39K$ mark in next 48 hours
#BONK #SATS #btcbear
The bear regiment has arrived: trader Peter Brandt set (https://twitter.com/PeterLBrandt/status/1749577463909474631) a target of $34,762 🐻 for BTC. And Bloomberg analysts say (https://twitter.com/EricBalchunas/status/1749781978419736674) that everything is fine with ETFs and the inflow of funds is positive even taking into account the GBTC sell-off. So the reason for the BTC dump should be looked for exclusively in the crypto market. As if they had nothing to do with it and did not organize the HYIP, where the price reached $49k in a moment 😇 #btcbear #BitcoinETFs! $BTC
The bear regiment has arrived: trader Peter Brandt set (https://twitter.com/PeterLBrandt/status/1749577463909474631) a target of $34,762 🐻 for BTC.

And Bloomberg analysts say (https://twitter.com/EricBalchunas/status/1749781978419736674) that everything is fine with ETFs and the inflow of funds is positive even taking into account the GBTC sell-off. So the reason for the BTC dump should be looked for exclusively in the crypto market.

As if they had nothing to do with it and did not organize the HYIP, where the price reached $49k in a moment 😇

#btcbear #BitcoinETFs! $BTC
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🚨 Understanding the Bear Crypto Market: A Beginner's Guide 🤔 1.What is a Bear Market? Explanation of a bear market in the context of cryptocurrencies. Overview of the factors that contribute to a market downturn.Identifying key characteristics, including declining prices and decreased investor confidence. Understanding the duration and intensity of bear markets. 2. Why Do Bear Markets Occur? A. Market Cycles: Overview of the cyclical nature of financial markets, including cryptocurrencies. Factors such as market corrections, profit-taking, and external events. B. External Factors: The impact of regulatory developments, security breaches, or macroeconomic trends on cryptocurrency markets. How external events can trigger or exacerbate bear markets. 3. How to Recognize a Bear Market: A. Price Trends: Understanding the visual cues of a bearish trend in price charts. Recognizing lower highs, lower lows, and overall downward patterns. B. Technical Indicators: Introduction to key technical indicators signaling a bearish market. Using moving averages, Relative Strength Index (RSI), and other tools for analysis. 4. Strategies for Beginners in a Bear Market: A. Risk Management: The importance of setting clear risk tolerance and defining exit strategies. How diversification can help spread risk. B. Long-Term Perspective: Encouraging a patient approach with a focus on long-term investment goals. Showcasing examples of successful investors who navigated bear markets effectively. 5. Identifying Opportunities in a Bear Market: A. Undervalued Projects: How to research and identify cryptocurrencies with strong fundamentals that may be undervalued. Strategies for finding potential hidden gems during a bear market. B. Dollar-Cost Averaging (DCA): Explanation of DCA as a method for steady accumulation of assets over time. Emphasizing the benefits of consistent buying during market downturns. #crypto-currency #btcbear #btcnews99 #BTC #CryptoTrends2024
🚨 Understanding the Bear Crypto Market:
A Beginner's Guide 🤔
1.What is a Bear Market?
Explanation of a bear market in the context of cryptocurrencies.
Overview of the factors that contribute to a market downturn.Identifying key characteristics, including declining prices and decreased investor confidence.
Understanding the duration and intensity of bear markets.

2. Why Do Bear Markets Occur?

A. Market Cycles:
Overview of the cyclical nature of financial markets, including cryptocurrencies.
Factors such as market corrections, profit-taking, and external events.
B. External Factors:
The impact of regulatory developments, security breaches, or macroeconomic trends on cryptocurrency markets.
How external events can trigger or exacerbate bear markets.

3. How to Recognize a Bear Market:
A. Price Trends:
Understanding the visual cues of a bearish trend in price charts.
Recognizing lower highs, lower lows, and overall downward patterns.
B. Technical Indicators:
Introduction to key technical indicators signaling a bearish market.
Using moving averages, Relative Strength Index (RSI), and other tools for analysis.

4. Strategies for Beginners in a Bear Market:
A. Risk Management:
The importance of setting clear risk tolerance and defining exit strategies.
How diversification can help spread risk.
B. Long-Term Perspective:
Encouraging a patient approach with a focus on long-term investment goals.
Showcasing examples of successful investors who navigated bear markets effectively.

5. Identifying Opportunities in a Bear Market:
A. Undervalued Projects:
How to research and identify cryptocurrencies with strong fundamentals that may be undervalued.
Strategies for finding potential hidden gems during a bear market.
B. Dollar-Cost Averaging (DCA):
Explanation of DCA as a method for steady accumulation of assets over time.
Emphasizing the benefits of consistent buying during market downturns.
#crypto-currency #btcbear #btcnews99 #BTC #CryptoTrends2024
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Pair: $BTC /USDT (Binance, ByBit) Direction: 🔴SHORT -------------------- Position Size: 2 - 4% Leverage : 3 -5X Trade Type: SWING -------------------- ENTRY :43950 ♦️Target 1 - 43500 ♦️Target 2 - 43000 ♦️Target 3 - 42500 ♦️Target 4 - 42000 ♦️Target 5 - 41000 ♦️Target 6 - 38000 ♦️Target 7 - 36000 🚫STOP LOSS: 44600 RISK: Medium/High ------------------- #BTCto40k #btcbear #freesignal #Signal🚥
Pair: $BTC /USDT (Binance, ByBit)
Direction: 🔴SHORT
--------------------
Position Size: 2 - 4%
Leverage : 3 -5X
Trade Type: SWING
--------------------

ENTRY :43950

♦️Target 1 - 43500
♦️Target 2 - 43000
♦️Target 3 - 42500
♦️Target 4 - 42000
♦️Target 5 - 41000
♦️Target 6 - 38000
♦️Target 7 - 36000

🚫STOP LOSS: 44600

RISK: Medium/High
-------------------
#BTCto40k #btcbear #freesignal #Signal🚥
I think this cryptocurrency cycle has a characteristic anatomy that is different from the previous cycle. Technically speaking, the last cycle rose quickly and inefficiently and also then fell on the Covid-19 news, overriding all inefficiencies. In this cycle, we have somewhat gradual and efficient growth, which provides slow but steady growth. Based on this distinction, I dare to suggest that the discount prices are the following drawdown values from the local high: On $BTC from -20% to -30%. On $ALTS from -30% to -50%. How I use this on altcoins, I show with an example: 1. $ARB set a local high at $2.425, there was a partial fix of the position. 2. After that, the price started a pullback. We have an interesting range, which I marked above: from -30 to -50. 3. We find the necessary zones in this area from -30 to -50, in this case the SSL lows are marked. 4. When this area is reached, buy the asset with the available cache, or overflow from others. For example, in this case I bought $ARB with the cache, and also poured from $ETH and $SUI, because there was a strong divergence with these assets, due to the strong fall of $ARB. All the best. Take advantage, spread the word. #btcbear #Bitcoin-ETF #TradingTactics #ARB
I think this cryptocurrency cycle has a characteristic anatomy that is different from the previous cycle.

Technically speaking, the last cycle rose quickly and inefficiently and also then fell on the Covid-19 news, overriding all inefficiencies.

In this cycle, we have somewhat gradual and efficient growth, which provides slow but steady growth.

Based on this distinction, I dare to suggest that the discount prices are the following drawdown values from the local high:
On $BTC from -20% to -30%.
On $ALTS from -30% to -50%.

How I use this on altcoins, I show with an example:
1. $ARB set a local high at $2.425, there was a partial fix of the position.

2. After that, the price started a pullback. We have an interesting range, which I marked above: from -30 to -50.

3. We find the necessary zones in this area from -30 to -50, in this case the SSL lows are marked.

4. When this area is reached, buy the asset with the available cache, or overflow from others.

For example, in this case I bought $ARB with the cache, and also poured from $ETH and $SUI, because there was a strong divergence with these assets, due to the strong fall of $ARB .

All the best. Take advantage, spread the word.
#btcbear #Bitcoin-ETF #TradingTactics #ARB
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