The Bitcoin Halving has happened again.

Bitcoin's halving makes it rarer over time. This means fewer new Bitcoins are made, which could make existing ones more valuable. It happens every 4 years and just occurred again, cutting the reward for mining new coins. This scarcity is why Bitcoin might be seen as a valuable digital asset compared to gold.

#bitcoinhalving #Bitcoin

#Bitcoin Update

Bitcoin's price dropped quickly when news broke of a potential conflict between Israel and Iran. It nearly reached a support level but then started recovering fast. This shows that the market is optimistic, but we're still stuck in a price range, so it's best to wait for a breakout.

If the price stays above this support level, we can expect a bounce upwards. However, if it breaks below this level, we might see the price drop toward $50,000.

Currently, the 100-day Simple Moving Average (SMA) is acting as support, and this blue line is strong support, which is around 50k.

20 hours left in Bitcoin halving, what do you expect?

I'll continue to provide updates, so stay tuned for more information.

DYOR,NFA

#Crypto #BitcoinHalving
$BTC

#Bitcoin  Update

In the 12-hour time frame, BTC bounced from the lower support and 50 SMA is also working as a support. A bullish move is expected from here,

But a sustained breakdown of the lower support and 50SMA would confirm bearish sentiment.

Stay tuned

DYOR, NFA

#Crypto #bitcoinhalving

#Bitcoin Update

BTC is approaching the lower support level, with the 200-day simple moving average (200SMA) providing additional support. A candle closing below this lower support would signal a shift towards a bearish trend.

Currently, I'm waiting for confirmation before making any decisions.

Stay tuned for further updates.

$BTC

#Bitcoin  Weekly Update

Bitcoin closed the weekly candle above the support level, suggesting a potential bounce soon.

Currently, Bitcoin is trading above its 200-day moving average (MA) and an important horizontal support level. But it is below the Ichimoku cloud. For the bulls to feel more confident, Bitcoin needs to break above the Ichimoku cloud. However, if Bitcoin breaks below the 200MA and lowers support for an extended period, it could confirm a bearish trend.

Stay tuned I will keep updating.

#BitcoinHalvingDrama #BTC🔥🔥🔥🔥🔥🔥
$BTC $ETH

#Bitcoin Weekly Technical Analysis 📈

Bitcoin surpassed its previous all-time high of $69,028, reaching a new peak at $73,773. Currently, it's trading above a strong support level ranging from $64,500 to $66,300, which is considered a robust technical support zone. As the week concludes, Bitcoin needs to hold above this support area.

The price of Bitcoin declined towards the week's end due to news about tensions between Israel and Iran.
If Bitcoin remains within this range, it could consolidate or potentially drop further. It's wise to observe and wait for the market to stabilize before making any decisions.

Stay tuned for further updates.
#DYOR #Crypto #BTC🔥🔥🔥🔥🔥🔥

BTC Update:

BTC has been rejected from the resistance level of $71000 to $72300 and is currently hovering around the lower support level of the triangle. If it continues to hold this lower support, we can expect a bounce in the near future.
However, the pattern will be invalidated if it breaks below this lower support level.

Stay tuned for more updates - I will keep you informed.

#BTC🔥🔥🔥🔥🔥🔥 #Bitcoin #Crypto

#Bitcoin Update

There is not much change; it is still facing this resistance of $71,000 to 71,300. We need to surpass this resistance and the ATH resistance to confirm a bigger upward movement.
until then, wait for confirmation.

#DYOR #BTC #Bitcoin

#Bitcoin Update

Bitcoin is currently retesting this triangle pattern, and we’re hoping it holds up without any fakeouts. If it does, we still need to break above the highest point ever reached to confirm a bigger move upwards. Until then, it’s best to wait for confirmation before making any decisions.

I’ll keep you posted with updates.

#BTC、 #BitcoinHalvingDrama #Crypto

#Bitcoin has broken out of the symmetrical triangle pattern and is currently encountering resistance at the all-time high (ATH). A retest of this pattern is anticipated to confirm the breakout. Further upside movements are contingent upon a breakout above this ATH resistance level.

Stay tuned for ongoing updates.
#BTCHalvingApril2024 #BTC、 #Crypto
$BTC $ETH $BNB

#AITECH is currently forming a falling wedge pattern. We expect a good bounce after the breakout of this pattern. There is an accumulation phase before its next upward movement unless this support zone is breached. The overall sentiment remains bullish.

Here 200MA is also working as a good support.

For those yet to enter, the accumulation zone ranges from $0.23 to $0.256.

Remember to DYOR, NFA!

#Crypto #Buy #LongHold

#Bitcoin remains within a triangle pattern, with minor resistance at $38,400.

• Bulls must break out of the triangle to confirm a bullish scenario.

• In the worst-case scenario, if lower support and 100MA support are broken, Bitcoin may drop to a range between $62,000 to $60,000.

• Stay tuned for further updates.
#BTC #Crypto #BTCHalvingApril2024

There has been no change in the price, and it is still trending above the lower support.

#BTC、 #Bitcoin #Crypto

#BItcoin is forming a symmetrical triangle pattern in the four-hour time frame.

• 200MA acting as solid support.
• Price tapped into the support deeper, reacting slightly.

• Potential reversal indicated, but need to reclaim 70K resistance for bullish momentum.

• Market is currently uncertain, advisable to wait for stabilization.

Stay tuned for more updates.

#BinanceLaunchpool #Crypto #BTC #Bitcoin

#Bitcoin has remained within a specific range.
•Last week unfolded as predicted, with the price still within that range.
•As a new week begins, there’s anticipation for significant market movements.
•A breakout from the current range is expected to trigger a directional move in the market

Stay tuned for more updates.
#BTC #Crypyo #Cryptocurrency

#Bitcoin weekly time-frame update.

• The previous week closed with rejection, rejecting both of the below zones.
• This week’s candle is attempting to gain momentum.
• A candle closing engulfing will be bullish for next week.
• In the short time-frame price is expected to be sideways.
• Monday’s market opening will strongly influence the move for the next week.

Stay tuned I will keep updating.

#DYOR #NFA #Bitcoin #BTC

• BTC trading within a symmetrical triangle on the 8-hour timeframe
• MA 100 and Ichimoku cloud suggest a bullish trend
• Breakout of the triangle would confirm bullish sentiment
• Rejection and sustained breakdown could lead to a market correction

Stay tuned for more updates.

#DYOR #NFA
#BTC #Crypto

A few hours ago, Coinbase recorded the highest influx of USDC (a stablecoin) ever, with over $1.4 billion deposited. This indicates that there may be significant buying pressure, as people can use these stablecoins to buy bitcoin. This is the second time such a large deposit has been observed, with the first being on January 9th, 2023, when a $1.3 billion USDC deposit preceded a price surge from a cycle low of $16,800, which marked the bottom of the cycle.

#Crypto

#DOMINANCE UPDATE

In the short-term, a symmetrical triangle pattern is forming within the dominance trend, with the current trading activity occurring above the lower support level. It is important to exercise caution as a breakout or breakdown of this pattern will confirm the next move in the trend.

Stay tuned and pin our channel at the post for more quality updates.

#Crypto

Bitcoin broke above a key zone, indicating a bullish bias. The current price is now approaching the same zone, which is expected to act as a support level and potentially generate a bounce. However, this is still within a range we previously identified, and we expect a challenging week ahead. That being said, we anticipate strong momentum moves in the following week. The positive news is that Bitcoin is maintaining its position above the important $70,000.
#BTC🔥🔥🔥🔥 #BitcoinTrends"