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We are stepping into a week where: 1. ETF’s will buy another 1,000-3,000 Bitcoin  per day. 2. The fresh daily supply has been halved. Meaning if ETF’s were scooping up 3x the daily supply before halving, they’re now needing 6x the daily supply. 3. Hong Kong ETF’s are preparing to launch with massive marketing & no Future’s short exposure. 4. GBTC has announced its Mini Fund will have fees lower than anyone else - 0.15%. 5. Tax season selling is now over in the USA. This should be an interesting week. $BTC #bitcoinhalving #BTC🔥🔥🔥🔥🔥🔥 #Megadrop #Token2049 #BullorBear

We are stepping into a week where:

1. ETF’s will buy another 1,000-3,000 Bitcoin  per day.

2. The fresh daily supply has been halved. Meaning if ETF’s were scooping up 3x the daily supply before halving, they’re now needing 6x the daily supply.

3. Hong Kong ETF’s are preparing to launch with massive marketing & no Future’s short exposure.

4. GBTC has announced its Mini Fund will have fees lower than anyone else - 0.15%.

5. Tax season selling is now over in the USA.

This should be an interesting week.

$BTC

#bitcoinhalving #BTC🔥🔥🔥🔥🔥🔥 #Megadrop #Token2049 #BullorBear

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Bitcoin's Resilience Shines Amid Market Volatility Amidst fluctuations in the crypto market, Bitcoin's core remains robust, signaling resilience and potential for future growth. Despite a slight retreat from its March peak, the network's fundamentals remain strong, bolstered by enduring support from long-term holders and notable adjustments in mining difficulty. Long-term holders have demonstrated their commitment by retaining Bitcoin over the past fortnight, strategically positioning themselves for potential market entry points during periods of low valuation. Conversely, short-term holders are capitalizing on profits, potentially fueling a liquidity shift towards alternative cryptocurrencies, which could dampen price rallies unless countered by sustained interest from long-term investors. A significant decrease in Bitcoin's mining difficulty, the most substantial drop since December 2022, suggests a reduction in miner participation, making block validation less challenging. This adjustment benefits remaining miners, translating to increased Bitcoin earnings for the same computational input. Furthermore, Bitcoin's recent milestone of processing its one billionth transaction underscores the network's vibrancy and adoption as a digital asset. This milestone, achieved on May 6th, was accompanied by over 625,000 transactions, highlighting the blockchain's robust health and growing utilization. Despite these positive indicators, Bitcoin faces challenges in maintaining stability above the $63,000 mark, influenced partly by adverse economic signals from the United States. Currently trading below $61,600, Bitcoin continues to navigate market dynamics while exhibiting resilience amidst short-term volatility. $BTC #BTC #BinanceLaunchpool #Memecoins #altcoins #MicroStrategy
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