#BTC/USDT has bounced from a key support level in the 12-hou

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#BTC/USDT has bounced from a key support level in the 12-hour time frame The 50 moving average is also acting as a support📝 A bullish move is expected from the current levels📈 #btc #bitcoin

#BTC/USDT has bounced from a key support level in the 12-hour time frame
The 50 moving average is also acting as a support📝
A bullish move is expected from the current levels📈
#btc  #bitcoin  

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Annie Malik

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The Halving of Bitcoin Has Arrived • The halving of Bitcoin, which occurs approximately every four years, has finally arrived. This event involves reducing the creation rate of new bitcoins by 50%, resulting in a decrease in the supply of new bitcoins entering the market. • If the demand for Bitcoin remains constant or increases while the supply decreases, it can lead to an increase in the price of Bitcoin, making this a significant event for investors and enthusiasts in the cryptocurrency community. #bitcoinhalving #BullorBear #btc #bitcoin

#Bitcoin Halving: A Historical Overview and Predictions for the Next Event • Bitcoin halving, a pre-programmed event that occurs every four years, reduces the block reward for miners by half. The first halving took place in November 2012, when the price of Bitcoin was around $11. After the halving, the price experienced a remarkable surge, reaching approximately $1,100 in November 2013. This significant increase was influenced by the Cyprus banking crisis, which highlighted Bitcoin's potential as an alternative to traditional banking systems. • The second halving occurred in July 2016, with the pre-halving price at around $650. This event triggered the infamous 2017 bull run, which saw Bitcoin's price skyrocket to close to $20,000 in December 2017. This period marked the widespread adoption of cryptocurrencies and the emergence of Initial Coin Offerings (ICOs), contributing to the price surge. • The third halving took place in May 2020, with the pre-halving price at roughly $8,800. Following the halving, Bitcoin embarked on another significant rally amidst the COVID-19 pandemic. Institutional investment and the rise of decentralized finance (DeFi) platforms played crucial roles in bolstering Bitcoin's appeal and value, leading to a post-halving peak of nearly $64,000 in April 2021. #bitcoinhalving #btc #bitcoin #BullorBear

#BNB/USDT is currently forming an ascending triangle pattern, with the potential for a bullish breakout towards $1100👀 A breakdown below the support line would invalidate the bullish pattern☝️ #bnb #Binance #DYOR #bitcoinhalving

soll is gearing up for action! 🔥 It's settled into a range zone between $127.00 and $147.00 after a bearish move. 📉 Post Bitcoin halving, we're expecting an upward market move. with the target resistance zone set at $200. #sol #solana #BullorBear #bitcoinhalving

Ethereum is breaking through a key hourly resistance level If the breakout holds, we could see further upside with a target range of $3500-$3700! #ETH #crypto #trading #Ethereum #DYOR

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