IN SHORTBased on previous halvings, crypto analyst CryptoCon predicts that Bitcoin (BTC) should come out of its downtrend in November.According to him, the Bitcoin price tends to take off before halving events, which suggests a bull market before 2024.Thus, investors who follow a good strategy should generate significant gains in November.According to the CryptoCon analyst, the Bitcoin (BTC) price is expected to explode as early as November, well before halving. Similarly, the analyst calls on investors to carefully study the historical data of the asset before making their investment decisions.To make this prediction, CryptoCon relied on an in-depth analysis of Bitcoin's historical data before and after halving. To illustrate this data, the analyst used a four-line chart that represent the different Bitcoin halving cycles. Bitcoin halving cycles, an essential prediction toolThe orange line represents BTC's performance from the launch of the Bitcoin network to the first halving that took place on November 28, 2012. The pink line represents the period between November 28, 2012 and the July 2016 halving.Finally, the blue line represents the performance of Bitcoin between July 2016 and the third halving that took place on May 11, 2020, while the green line represents the performance of the May 2020 asset so far.November, the month of the bull market?As a reminder, the next Bitcoin halving will take place in the spring of 2024. Historical data shows that the BTC price follows a cyclical trend between halving events.Therefore, it can be assumed that the asset price will increase before the next halving. According to CryptoCon, Bitcoin could show a positive dynamic as early as November 21, 2023, provided it moves out of the bearish pattern in which it has been operating for several weeks.In any case, investors who wish to take advantage of the next halving must follow a well-crafted strategy. Moral of the story: Some predictions make us dream, but they must be taken with tweezers.#BTC #Binance #DeFiChallenge

According to a calculation, the next Bitcoin halving, which occurs every four years, would take place on April 20, 2024. This date, which refers to the number 420 prized by Elon Musk, is intriguing. However, others believe that this key event will take place rather around April 14. In any case, halving could give a new impetus to the course of Bitcoin.Halving, a historically decisive event for the price of BitcoinBitcoin halving is a pre-programmed event that halves the bitcoin reward granted to miners for each validated block. Currently from 6.25 BTC, it will increase to 3.125 BTC after the next halving.This four-year event mechanically reduces the rate of issuance of new bitcoins and therefore the inflation of total supply. In the past, it has had a very positive effect on the price of BTC in the medium term. By reducing supply, halving causes a relative shortage that raises prices.In the months following the previous halvings, after an initial period of latency, the price of Bitcoin grew dramatically to reach highs. The increased scarcity eventually prevails and demand exceeds the available supply.Some believe that the next bitcoin halving will symbolically take place on April 20, 2024, with reference to the number 420 dear to Elon Musk. Could the influence of Tesla’s boss give additional impetus to the BTC price this time?The exact date doesn’t matter, it’s the medium-term impact that countsHowever, we should remain cautious in the face of this possible coincidence. Other calculations rather place the bitcoin halving around April 14, 2024. And in the end, the exact day does not matter: it is more the medium-term effect on the bitcoin supply that really matters.Certainly, in the past, the price of bitcoin has grown sharply in the months following a halving. But there is no guarantee that this effect will happen again in 2024, with other macroeconomic or speculative factors being taken into account.In any case, halving Bitcoin’s inflation is positive for its long-term value, by mechanically and sustainably strengthening its scarcity. The possible nod to the number 420 adds a fun curiosity, but does not change the underlying economic phenomenon.The coincidence of the next bitcoin halving with the symbolic date of April 20, 2024 is enough to fuel speculation. But beyond the anecdote, it is the real impact of this four-year event on supply that matters in the long term. Halving should reinforce the scarcity of Bitcoin, even if other factors will influence its course.

EN BREF
Le marché des altcoins a affiché plusieurs signaux haussiers au cours des dernières semaines.D’après les analystes, les mouvements actuels du marché des altcoins rappellent ceux du dernier bull market.Malgré la baisse de la capitalisation boursière des altcoins, Dogecoin (DOGE) et Avalanche (AVAX) ont enregistré une forte hausse.

Depuis plusieurs semaines, tous les yeux sont rivés sur Bitcoin (BTC), qui a grimpé de 30% au cours des trente derniers jours. Cependant, les altcoins, qui suivent généralement les pas de Bitcoin, ont affiché plusieurs signaux haussiers ces derniers temps.
Après avoir augmenté de 300 milliards de dollars au cours du mois dernier, la capitalisation boursière du marché crypto a baissé de 2,3 % ce vendredi. Néanmoins, le marché des altcoins affiche plusieurs signaux haussiers qui laissent présager l’arrivée imminente du bull market.
La saison des altcoins est-elle à nos portes ?
Dans un tweet publié ce 17 novembre, l’analyste CryptoCon a révélé que le marché des altcoins affiche plusieurs signaux haussiers.
“Ceci est clairement démontré par la tendance haussière des altcoins et par le passage au-dessus de la moyenne mobile simple [SMA] sur 50 semaines”.
Lors des cycles précédents, notamment ceux de 2016 et 2017, le passage au-dessus de la moyenne mobile simple sur 50 semaines a été suivi d’un grand mouvement haussier.
Cette fois-ci cependant, le passage au-dessus de la SMA s’est produit bien plus tôt que prévu. En effet, la plupart des analystes s’attendaient à ce que ce mouvement se produise en 2024.
Compte tenu de tous ces facteurs, CryptoCon s’attend à ce que les prochains mouvements de prix soient aussi importants que  que ceux que nous avons observé en 2016 et 2017.

Toutefois, l’analyste crypto Jelle pense que l’altcoin season risque de se faire attendre, car la capitalisation boursière des altcoins n’est pas encore sortie de la phase d’accumulation

De son côté, le trader crypto Moustache a utilisé l’indicateur SuperTrend pour prédire l’évolution du marché. Selon lui, l’indicateur affiche des signaux d’achat très forts pour le marché des altcoins.
De même, Dan Gambardello, l’un des plus grands défenseurs de Cardano, semble très optimiste quant à l’avenir des altcoins.
“Saviez-vous que Blackrock savent que les altcoins sont en train de réduire le taux de domination de Bitcoin et qu’ils l’ont reconnu publiquement dans leur rapport ?”
Lorsque le bull market commence, Bitcoin est généralement la première cryptomonnaie à renouer avec le vert. Il est ensuite suivi par Ethereum et les autres altcoins à forte capitalisation boursière, puis par les altcoins à petite capitalisation boursière

There are also two types of margins for leveraged operations: cross-margins and isolated margins. Learning these terms is relatively simple, but it is an essential element for copy trading!The amount a trader uses for a position is called "margin". The margin multiplied by the leverage effect then constitutes the size of the position. For example, a trader opens a short position with 10,000 euros and a leverage of 10x. The size of the position is then 100,000 euros and the margin is 10,000 euros.With the isolated margin, the trader can lose as much as possible the margin he has assigned to a position. If we take the above example, the maximum loss is 10,000 euros if the price increases by 10%. His position will then be liquidated.On the other hand, in the event of a cross-margin, a trader may lose his entire account. Suppose that a trader has an account of 100,000 euros and opens a short position on cross-margin. The leverage effect is 10x and the margin is 1,000 euros. The size of the position is therefore 10,000 euros.If the price of the tracked cryptocurrency increases by more than 10%, the position is NOT liquidated. Instead, the account will instead be debited for an unrealized loss.If the price of the covered cryptocurrency increases by 100%, the loss is 10 (levy)10,000 euros100% = 100,000 euros = 100,000 euros. The trader's account is then liquidated.

The operation also works in the opposite direction: it is called short selling or "shorter". Thus, traders can also benefit from the fall in prices. This is why leveraged transactions are especially interesting in copy trading in a period of bear market.To do this, the trader concludes a forward transaction with the exchange. He sells assets that he does not really own, but that he borrows from the platform - hence the term "short sale". If the price falls, the trader then buys back the assets at a more advantageous price - the difference then constitutes the profit. All this may seem complicated at first, but an example will allow you to quickly understand the situation.Trader A has a capital of 100,000 euros and the price of bitcoin is 100,000 euros. He sells short a BTC with a leverage of 10x and a bet of 100,000 euros. Thus, if the price then drops by 1%, it has (as in the example above) 10,000 euros in profit, because the BTC is bought back cheaper and then "repaid".

During a leveraged trade, a trader borrows money to increase his position. The more money the trader borrows, the higher the leverage. The chances of gains and losses are then all the greater. Here is an example:Trader A has a capital of 100,000 euros. The price of Bitcoin is 100,000 euros per BTC. Without leverage, the trader can only buy one bitcoin. But if he borrows 900,000 euros from the exchange, he can use them to buy 10 BTC for a million euros - he also has a leverage effect of 10x (100,000 x10 =1,000,000).If the price then increases by 1% and it sells, it has not only earned 1,000 euros (or 1% of 100,000 euros), but 10,000 euros! (I.e. 1% of 1,000,000 euros). Conversely, if the price drops by 1%, the loss is 10,000 euros instead of 1,000 euros.If the price drops by 10%, then the loss turns out to be 100,000 euros. Sachat that the loss is greater than the capital invested by the trader, his position is "liquidated": the position is closed and the money is lost.As a general rule, traders also use "stop loss" and "take profit" orders for leveraged transactions.