Binance Square
LIVE
LIVE
Dicas de Cripto
--1.5k views
Despite a drop in pre-halving ETF inflows, Bitcoin could resume its upward trend toward new all-time highs, as the next wave of institutional investors prepares to gain exposure to BTC. The fourth Bitcoin halving, which took place on April 20, could herald a "more bullish" Bitcoin cycle, based on historical chart patterns combined with the presence of spot Bitcoin exchange-traded funds (ETFs). For the first time in cryptocurrency history, the price of Bitcoin reached a new all-time high above $73,600 on March 13, before the halving. Historically, Bitcoin's price hit new highs between 518 and 546 days after past halvings. The pre-halving all-time high, along with institutional inflows from the ten U.S. spot Bitcoin ETFs, has created the "most bullish setup" for Bitcoin, according to Sukhveer Sanghera, founder and CEO of Earth Wallet. #bitcoinhalving #Cryptocurrencies #BTC🔥🔥🔥🔥🔥🔥 #bitcoinhalvingn #Altcoinseason2024

Despite a drop in pre-halving ETF inflows, Bitcoin could resume its upward trend toward new all-time highs, as the next wave of institutional investors prepares to gain exposure to BTC.

The fourth Bitcoin halving, which took place on April 20, could herald a "more bullish" Bitcoin cycle, based on historical chart patterns combined with the presence of spot Bitcoin exchange-traded funds (ETFs).

For the first time in cryptocurrency history, the price of Bitcoin reached a new all-time high above $73,600 on March 13, before the halving. Historically, Bitcoin's price hit new highs between 518 and 546 days after past halvings.

The pre-halving all-time high, along with institutional inflows from the ten U.S. spot Bitcoin ETFs, has created the "most bullish setup" for Bitcoin, according to Sukhveer Sanghera, founder and CEO of Earth Wallet. #bitcoinhalving #Cryptocurrencies #BTC🔥🔥🔥🔥🔥🔥 #bitcoinhalvingn #Altcoinseason2024

Отказ от ответственности: на платформе опубликованы материалы и мнения третьих лиц. Не является финансовой рекомендацией. Может содержать спонсируемый контент. См. Правила и условия.
0
Последние новости криптовалют
⚡️ Участвуйте в последних обсуждениях в криптомире
💬 Общайтесь с любимыми авторами
👍 Изучайте темы, которые вам интересны
Эл. почта/номер телефона
Связанные авторы
LIVE
@dicasdecripto

Другие публикации автора

While Bitcoin's steady decline, which started in April, continues into May, investors are eagerly awaiting the start of the real bull rally. At this point, popular analyst Ali Martinez mentioned to investors that the MVRV rate for Bitcoin indicates a potential bottom. Martinez explained that whenever the MVRV rate drops below 9%, it is typically followed by significant price increases, pointing out that the current BTC MVRV rate is 11.6%. According to him, if past patterns hold, the MVRV ratio is signaling a bottom and a potential rise in Bitcoin. Looking at historical data, he noted that during the last three instances when the MVRV rate fell below 9%, the price of Bitcoin increased by 64%, 63%, and 99% respectively. Martinez said: "The last three times in the past two years when Bitcoin's 30-day MVRV fell below 9%, BTC's price increased by 64%, 63%, and 99% respectively. The current 30-day MVRV for Bitcoin is at 11.6%. This might indicate that it's a good time to buy the dip!" Analyzing the historical trends of Dogecoin, the analyst noted that the ongoing correction in DOGE's price is consistent with its typical pattern before significant bull runs. Looking at its behavior in 2017 and 2021, he explained that DOGE usually breaks out of a descending triangle and then undergoes a significant pullback before experiencing a bull rally. He mentioned that DOGE recently broke out of a descending triangle and experienced a 47% drop, suggesting that this could precede a significant bull run. "In 2017, DOGE broke out of a descending triangle, then retreated 40% before a 982% bull run! In 2021, DOGE broke out of the descending triangle again, then pulled back 56% before surging 12,197%! Now, in 2024, DOGE has broken out of the descending triangle once again! It's currently undergoing a 47% correction, which is very similar to previous cycles, and this could be setting the stage for the next big DOGE bull run!" #BTC #bitcoinhalving #bitcoin #Dogecoin‬⁩ #Cryptocurrencies
--

Последние новости

Подробнее
Структура веб-страницы
Cookie Preferences
Правила и условия платформы