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Crypto News Aggregator by EXCAVO
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šŸ¤” #IntoTheBlock : $BTC halving is coming up in April, and this cycle looks very different from previous ones! Historical patterns show an upswing in price post-halving events, yet this cycle the bitcoin price has rallied earlier than expected and has already broken previous all-time highs. This could indicate that investors are frontrunning the 'halving effect' well in advance.

šŸ¤” #IntoTheBlock : $BTC halving is coming up in April, and this cycle looks very different from previous ones!

Historical patterns show an upswing in price post-halving events, yet this cycle the bitcoin price has rallied earlier than expected and has already broken previous all-time highs. This could indicate that investors are frontrunning the 'halving effect' well in advance.

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šŸ“Š $BTC #CryptoQuant : Bitcoin selling pressure from traders may be declining as unrealized profit margins are basically zero now. Traders' realized price (pink line) has acted as support for prices during a bull market and it's now at ~$60K.
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šŸ“ˆ $BTC #Santiment : Crypto markets have seen a boost today, as bitcoin has jumped back to $63.8K with just over 36 hours until its halving event. The crowd has maintained a consistently bearish sentiment toward top caps, which strengthens the argument for more rising.
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šŸ“Š $BTC #Matrixport : Bitcoinā€™s funding rate has continued to decline into the halving which is now only days away. The decline in the funding rate indicates that traders have taken off bullish positions and that the market is now relatively light-positioned through the derivatives market.
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šŸ“Š #Kaiko : Grayscaleā€™s #ETHE has lagged $ETH in recent months as hopes of spot Ethereum #ETF approval in the US fade
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šŸŽ¢ Interest in $BTC Halving Breaks Previous Highs. This time, Bitcoin Halving is even more popular than 4 years ago. "Bitcoin Halving" search query on Google set a new ATH, which is nearly 30% higher compared to the data from 2020. This milestone underscores the significance of Bitcoin #halving in shaping market dynamics and prices.
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