$71,500 was a solid resistance for #bitcoin, let's see how long it lasts above, at $73,500 is the all time high area, the area from where it can have a more serious reaction if it reaches. Ideally, $71,500 would become a sport, but I think it's a bit early.

#Binance is ready to launch a new product, Saga project!
What does Saga propose?

It is a Layer 1 protocol that offers scaling solutions with a focus on the gaming industry through speed and low cost.
Who is using Saga already? Over 350 projects from. Which 80% are gaming projects. They have already partnered with Polygon, Avalanche, Marblex and Celestial.

Bitcoin Halving is a significant event on the Bitcoin network, scheduled to happen approximately once every four years or after 210,000 blocks are mined. The essence of this event is the halving of the reward given to miners for each validated block, which also means a decrease in the rate of introduction of new Bitcoins into circulation.

According to Coinbase, the Halving process is designed to reduce the supply of new Bitcoins introduced to the market by 50%, which could theoretically lead to price appreciation if demand remains constant or increases. This method of limiting the supply of new coins is fundamental to Bitcoin's value proposition, emphasizing verifiable rarity as its central feature. To date, Bitcoin has gone through several Halving events, the last of which took place in May 2020, when the mining reward dropped from 12.5 to 6.25 Bitcoins per block. The next one is anticipated to happen around April 16, 2024, when the reward will drop to 3,125 Bitcoins per block.

Decrypt explains that Halving is an integral part of the Bitcoin code, a pre-set rule that ensures that the rate at which new Bitcoins are put into circulation is halved every four years. This measure is intended to continue until around 2140, when the last Bitcoin is expected to be mined, bringing the total to the pre-set cap of 21 million coins. By limiting the supply, Satoshi Nakamoto, the creator of Bitcoin, sought to give the currency a value through rarity, similar to scarce resources like gold.

Halving has a significant impact not only on miners, but also on the dynamics of the entire cryptocurrency market. Anticipation of this event may lead to an increase in interest and the price of Bitcoin, given the decrease in the supply of new coins. The Halving event may also have effects on other cryptocurrencies, influencing investor confidence and drawing attention to the crypto market as a whole.

For investors, understanding the impact the Bitcoin Halving may have on the market is crucial. The decrease in supply, in conditions of maintenance or increase in demand, price go up

100.000$ for 1 Bitcoin can be a reality super fast , halving is very soon, on 3 day charts we have a potential huge Bull Flag with target at 100.000$, demand si huge , ETF’s absorb a lot of Bitcoins from the market, for now I don’t see any major bearish sign !

Solid resistance in front of#bitcoin on 4 hours time frame , 67.700$ is the 200 Moving average and if we don’t brake it we might be rejected to 65.000$ again !

Ethereum as "securities"

**What does "securities" mean?**

A "security" is a financial instrument that represents an investment in a company or a project. Examples of "securities" include stocks, bonds and mutual funds.

**Why would it be important for Ethereum to be declared a "security"?**

If Ethereum was declared a "security" by the SEC (Securities and Exchange Commission), it would have the following consequences:

* **Stricter regulations:** Ethereum would be subject to the same rules as other "securities", which would involve more bureaucracy and costs for those who use it.
* **Increased protection for investors:** Investors in Ethereum would benefit from the same protections as those investing in traditional "securities", such as the right to be informed about the risks involved and to sue the issuer in case of fraud.
* **Impact on the market:** It is possible that the declaration of Ethereum as a "security" will negatively affect the price and demand for ETH.

**Why would it be important that Ethereum NOT be declared a "security"?**

If Ethereum were declared "security", it would have the following consequences:

* **Restricted innovation:** Developers may be more reluctant to create new projects on the Ethereum platform due to stricter regulations.
* **More difficult access:** Individuals may have more difficulty buying and using Ethereum due to stricter regulations.
* **Impact on the market:** It is possible that the declaration of Ethereum as a "security" will negatively affect the price and demand for ETH.

**In conclusion:**

Declaring Ethereum as a "security" would have significant consequences for both investors and developers. It is important to consider all the pros and cons before making a decision.

#Bitcoin update , on 4 hours chart we are below 200 moving average wich means we can see bitcoin below 64.000$ today ! Don’t get scared!

Good morning ☕️
#Bitcoin has become very volatile and extremely fast moving, at this moment those who do not have clearly defined risk management can suffer serious losses, especially those who expose themselves significantly with leverage.
Important areas for the price structure
12 hours 50 Moving average $67,130 if it loses this support it's only a matter of time before it can test $65,000 and then $63,000
3 day chart range $61,000 is 20 moving average, macro sensitive area if bitcoin loses this major support we can reach $53,000

#bitcoin correction is a bit agresive and can create serious damage for people who use leverage in wrong way. 67.130$ is a big support level for btc on 12 hours time frame if we loose it we might visit 65.000$ fast and after that maybe 63.000$. This kind of markets are not easy for people without experience!
Warning ⚠️ this in not bear market

Don't panic! It's not a bear market, it's not the end of the world, #Bitcoin isn't disappearing, we're getting close to halving, it's normal to have some excitement! Don't let yourself be overwhelmed emotionally!
Important zone for Bitcoin today is 67.200$ if we break that maybe we can visit 65,000$BTC

Don't panic! The halving of #bitcoin is approaching, the market will become more acidic, it is possible to cross a long squeeze, I have two areas of interest: $69,000 and $67,000 between 69 and 67 is the area that can confirm the long squeeze below 67 can indicate a correction to the liquidity area at $62,000
Bitcoin is not defective! Relax!

What can #Bitcoin do today ? It is Saturday , on 1hour time frame might start a retracement and maybe will test aging below 69.000$ values, on 68.500$ in the last 4 days had strong demand so I don’t think will drop below that, on 4 hours time frame it is possible by tomorrow night to test again 71.500$.

#Bitcoin ETF is the surprise of 2024, without just maybe, at this moment the total value of Bitcoin etf's is almost 68 billion $, it seems little but it is enormous since January until now, the volume on the crypto market is 26 billion dollars in 24 hours and in the ETF markets 4 billion! Soon we will have a surprise!

#bitcoin future of we have a ATH region double top can be very turbulent, a strong correction might take place. If we break the ATH and we go to 80k maybe the bull market will end sooner than people expect.

I think that the 2024 narrative in the crypto industry, in addition to ETF's and ETN's, could be RWA and Ai! RWA could be the new NFT but with utility!

#ethereum have a potential Bull Flag on 4 hrs time frame , to validate it we need to see a breakthrough 3.700$ with a potential target of 3800$ , but there is also the downside wich can be a invalidation and price can go down to 3511$

Alert 🚨 if you have money on Kucoin Exchange better withdraw! Some serious issues are going on on USA with DOJ

Looks like $71,000 is the temporary bottom line for #bitcoin, the sensitive area where the market rejected. Let's see how $68,000 holds up if we get there! No panic please!

#Bitcoin current situation, we have a 4-hour support at $62,600 which has held brilliantly for the moment, probably starting a new climb, we have resistance at $66,100. Until we have clear confirmations that the correction is closed, it is very likely that we will go down to $62,000 in the coming days.

My figures from a while ago, today previously post, are close to validation, this is not bear market! Sideways means that just as we can have a violent crash, everything can change very quickly!
Key areas now:
$62,200 for #Bitcoin is 200MA on 4 hour time frame, if it breaks the support and closes below, we can go below $60,000 if the support holds we can go back above $64,000