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BITCOIN Tops $40k for first time in 19months,
tips $125k in 2024.
Bitcoin has hit a19-month high and it will keep
climbing well into next year.
Bitcoin has reached the $40k level for the first
time since late April 2022,climbing around 2%
in 24 hours.
Bitcoin surged from under $39.500 to strike above $40k on Dec.3 to hit a 19-month high.
It also marks a new year-to-date high for bitcoin,which is up over 140% since Jan.1.
However,it's still down around 42%from its Nov.10.2021,all-time high of over $69k.
In Nov.30.note.,Matrixport research head Markus thielen predicted that Bitcoin would hit over $60k by April next year and $125k by the end of 2024.
Thielen said the last three crypton bear market saw a following three year bull cycle and an analysis suggested "another three years of this bull market,with 2023 being the first year"
"Historically,the years when Bitcoin mining reward were halved were generally bullish".Bitcoin is expected to again halve-when mining reward are cut by 50%-in mid-April 2024
Miners tended to hoard Bitcoin before each halving,prices increased by +200%,which would project Bitcoin reaching $125k.
#BTC
tips $125k in 2024.
Bitcoin has hit a19-month high and it will keep
climbing well into next year.
Bitcoin has reached the $40k level for the first
time since late April 2022,climbing around 2%
in 24 hours.
Bitcoin surged from under $39.500 to strike above $40k on Dec.3 to hit a 19-month high.
It also marks a new year-to-date high for bitcoin,which is up over 140% since Jan.1.
However,it's still down around 42%from its Nov.10.2021,all-time high of over $69k.
In Nov.30.note.,Matrixport research head Markus thielen predicted that Bitcoin would hit over $60k by April next year and $125k by the end of 2024.
Thielen said the last three crypton bear market saw a following three year bull cycle and an analysis suggested "another three years of this bull market,with 2023 being the first year"
"Historically,the years when Bitcoin mining reward were halved were generally bullish".Bitcoin is expected to again halve-when mining reward are cut by 50%-in mid-April 2024
Miners tended to hoard Bitcoin before each halving,prices increased by +200%,which would project Bitcoin reaching $125k.
#BTC
CRYPTOCURRENCY to avoid Next week
As investor prepared for the next week,
finbold looked into leading indicators to
list cryptocurrencies that investors should
avoid trading.Informed by both their
underlying economic model and RSI signal,
these coin may pose a higher risk in the
coming days.
dYdX(DYDX)
This native token of DyDX(DYDX)is the first
cryptocurrency to avoid trading next week
due to fundamental economic espects.
notably,a massive token unlock start November
24 and continues until December 1.
During the next 7 days dYdX team will unlock
152.16 millions DYDX,accounting for 84.41%
of it circulating supply.This unprecedented
supply inflation could create a huge selling
pressure that might drastically effect the
token's performance.
Meanwhile DYDX is trading at $3.59,up 9%
in the last 24hours according to
token.unlock
please follow and support me for more.
As investor prepared for the next week,
finbold looked into leading indicators to
list cryptocurrencies that investors should
avoid trading.Informed by both their
underlying economic model and RSI signal,
these coin may pose a higher risk in the
coming days.
dYdX(DYDX)
This native token of DyDX(DYDX)is the first
cryptocurrency to avoid trading next week
due to fundamental economic espects.
notably,a massive token unlock start November
24 and continues until December 1.
During the next 7 days dYdX team will unlock
152.16 millions DYDX,accounting for 84.41%
of it circulating supply.This unprecedented
supply inflation could create a huge selling
pressure that might drastically effect the
token's performance.
Meanwhile DYDX is trading at $3.59,up 9%
in the last 24hours according to
token.unlock
please follow and support me for more.
BLUR massive pump 30%
The cryptocurrency market is buzzing with the
news of blur.Which has recently experienced
a massive 30% surge in price.This sudden pump
in valuation is closely linked to the aftermath
of season 2 airdrop.Market observers have noted a significant buying spree,where 19 addresses scooped up a total 51.3millions
BLUR tokens,amounting to a staggering
$20millions investment into asset.
follow me for more
#DYOR。
The cryptocurrency market is buzzing with the
news of blur.Which has recently experienced
a massive 30% surge in price.This sudden pump
in valuation is closely linked to the aftermath
of season 2 airdrop.Market observers have noted a significant buying spree,where 19 addresses scooped up a total 51.3millions
BLUR tokens,amounting to a staggering
$20millions investment into asset.
follow me for more
#DYOR。
Ai point out a potential price range for bitcoin 40.000 to 60.000 at the start 2024
which reflects the possibility of a moderate
price increase due to approaching halving,
growing institutional interest and ongoing
network development
what you think guys follow me for more
#dyor
which reflects the possibility of a moderate
price increase due to approaching halving,
growing institutional interest and ongoing
network development
what you think guys follow me for more
#dyor
T0p crypto trader say that bitcoin about to
go supersonic $60.000,could happen soon
then most people think
go supersonic $60.000,could happen soon
then most people think