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Bullish
$BTC #Write2Earn #BTC‬ #BTCHALIVING #btcupdates BTC is showing some great comeback as i have told all of you that it will not dump to 48k . We have experienced a little dip which i called turbulence and look now we are out of it with much better position and confidence. We can expect btc to Pump sooner and cross 53k border in this coming week. This is based on careful research and analysis including market trends and current pattern. Our signals are truly profitable and we are developing a compensation phase to make them 99.9% profitable and useful. Tip me if you want to appreciate my efforts and follow me to get the latest updates and free trade signals. Lets Grow Together 🔥
$BTC #Write2Earn #BTC‬ #BTCHALIVING #btcupdates

BTC is showing some great comeback as i have told all of you that it will not dump to 48k .

We have experienced a little dip which i called turbulence and look now we are out of it with much better position and confidence.

We can expect btc to Pump sooner and cross 53k border in this coming week.

This is based on careful research and analysis including market trends and current pattern.

Our signals are truly profitable and we are developing a compensation phase to make them 99.9% profitable and useful.

Tip me if you want to appreciate my efforts and follow me to get the latest updates and free trade signals.

Lets Grow Together 🔥
BTCUSDT 1-Day Candlestick Chart Analysis (April 21, 2024)Overview: Price: 64,950 USDT Change: 0.01% (Past 24 hours) Volume: 10.805K BTC (Past 24 hours) Market Sentiment: Neutral Technical Indicators: Moving Averages: MA(7): 63,667.06 USDT MA(25): 67,236.43 USDT MA(99): 57,513.06 USDT Bollinger Bands: Upper Band: 73,777.00 USDT Lower Band: 57,000.00 USDT Relative Strength Index (RSI): 49.62 (Neutral) Stochastics: %K: 49.72 (Neutral) %D: 48.19 (Neutral) Analysis: BTCUSDT is trading in a sideways trend on the 1-day candlestick chart. The price is currently trading at a horizontal support level of 64,950 USDT. A break below this level could see the price fall to 57,000 USDT. Conversely, a move above this level could see the price rise to 73,777 USDT. Note: This analysis is for informational purposes only and should not be interpreted as investment advice. It is important to do your own research and consult with a financial advisor before making any investment decisions. I hope this analysis is helpful. Please do not forget to subscribe and do not miss the latest analysis. $BTC #BTCHALIVING #btc #BTC🔥🔥🔥🔥🔥🔥 #BTCHalvingApril2024

BTCUSDT 1-Day Candlestick Chart Analysis (April 21, 2024)

Overview:

Price: 64,950 USDT
Change: 0.01% (Past 24 hours)
Volume: 10.805K BTC (Past 24 hours)
Market Sentiment: Neutral

Technical Indicators:

Moving Averages:

MA(7): 63,667.06 USDT
MA(25): 67,236.43 USDT
MA(99): 57,513.06 USDT

Bollinger Bands:

Upper Band: 73,777.00 USDT
Lower Band: 57,000.00 USDT

Relative Strength Index (RSI): 49.62 (Neutral)
Stochastics:

%K: 49.72 (Neutral)
%D: 48.19 (Neutral)

Analysis:
BTCUSDT is trading in a sideways trend on the 1-day candlestick chart. The price is currently trading at a horizontal support level of 64,950 USDT. A break below this level could see the price fall to 57,000 USDT. Conversely, a move above this level could see the price rise to 73,777 USDT.
Note:
This analysis is for informational purposes only and should not be interpreted as investment advice. It is important to do your own research and consult with a financial advisor before making any investment decisions.
I hope this analysis is helpful.
Please do not forget to subscribe and do not miss the latest analysis.

$BTC #BTCHALIVING #btc #BTC🔥🔥🔥🔥🔥🔥 #BTCHalvingApril2024
AI tokens, including $LPT and $MAV , surged in the market last week. Today, the $AI token is performing exceptionally well. Additionally, it's worth noting that the #MoonClub platform, despite not having its own token yet, is gaining attention. You can join @MoonClubcombot for more information. #Write2Earn #TrendingTopic #BTCHALIVING #CryptoAnalysis"
AI tokens, including $LPT and $MAV , surged in the market last week. Today, the $AI token is performing exceptionally well. Additionally, it's worth noting that the #MoonClub platform, despite not having its own token yet, is gaining attention.
You can join @MoonClubcombot for more information.
#Write2Earn #TrendingTopic #BTCHALIVING #CryptoAnalysis"
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Bullish
Why I think Bitcoin ($BTC ) Halving will lead to an increase in price: When Bitcoin halving occurs, the rate at which more bitcoins are added to circulation (Bitcoin supply) is halved (divided into two), leaving the demand constant or continually increasing. And when this happens, scarcity follows. When there's scarcity, Bitcoin becomes more valuable, leading to an increase in price. If you don't understand how the halving works or the reason for it, check out this [article.](https://www.binance.com/en/feed/post/3325764721673?ref=727742578&utm_campaign=app_square_share_link&utm_source=copylink) #ozuru #BTCHALVING #BTCHALVING #BTCHALIVING
Why I think Bitcoin ($BTC ) Halving will lead to an increase in price:

When Bitcoin halving occurs, the rate at which more bitcoins are added to circulation (Bitcoin supply) is halved (divided into two), leaving the demand constant or continually increasing.

And when this happens, scarcity follows. When there's scarcity, Bitcoin becomes more valuable, leading to an increase in price.

If you don't understand how the halving works or the reason for it, check out this article.

#ozuru #BTCHALVING #BTCHALVING #BTCHALIVING
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Bullish
$BTC How are you all traders? ? ? ? ? How much you earn profit or loss from BTC? ? ? ? ? 🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩶🩶🩶🩶🩶🩶🩶🩶🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩶 BTC is ready for PUMP❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥 FOLLOW us. Thankssssss. . . . . . . . . . #Write2Earn #Portal #TrendingTopic #BTC‬ #BTCHALIVING $BTC
$BTC
How are you all traders? ? ? ? ?
How much you earn profit or loss from BTC? ? ? ? ?
🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩶🩶🩶🩶🩶🩶🩶🩶🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩵🩶
BTC is ready for PUMP❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥❤️‍🔥

FOLLOW us. Thankssssss. . . . . . . . . .

#Write2Earn #Portal #TrendingTopic #BTC‬ #BTCHALIVING $BTC
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Bullish
The Bitcoin halving event is just one month away and is expected to occur on April 20 The next Bitcoin halving event is just one calendar month away, with approximately 4,450 blocks left. The estimated countdown is based on Bitcoin's average block generation time of 10 minutes, setting a potential date of April 20 around 8 a.m. EDT at current rate. In the next Bitcoin halving event, the reward for the network's miners will drop from 6.25 BTC to 3.125 BTC per block. Bitcoin halvings are scheduled to occur automatically every 210,000 blocks, approximately every four years. Once a halving event occurs, miners receive 50% less bitcoins as a reward for each block of transactions they mine and add to the blockchain. However, they continue to earn additional transaction fees for each mined block as usual. #BTC  #HalvingTime  #HalvingHorizons  #BTCHALIVING  #BitcoinHalvingEvent  $BTC
The Bitcoin halving event is just one month away and is expected to occur on April 20

The next Bitcoin halving event is just one calendar month away, with approximately 4,450 blocks left.

The estimated countdown is based on Bitcoin's average block generation time of 10 minutes, setting a potential date of April 20 around 8 a.m. EDT at current rate. In the next Bitcoin halving event, the reward for the network's miners will drop from 6.25 BTC to 3.125 BTC per block.

Bitcoin halvings are scheduled to occur automatically every 210,000 blocks, approximately every four years. Once a halving event occurs, miners receive 50% less bitcoins as a reward for each block of transactions they mine and add to the blockchain. However, they continue to earn additional transaction fees for each mined block as usual.
#BTC  #HalvingTime  #HalvingHorizons  #BTCHALIVING  #BitcoinHalvingEvent  $BTC
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Faiza Khan
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Bullish
CLAIM REWARD HERE 🎁🎁💰
Complementary Reward Upto 10 USDT🎁💰
🤖What is Bitcoin Halving?🤖 #Bitcoin-halving reduces the rewards 💰given to miners🤙 for validating transactions, occurring approximately every four years. Bitcoin mining involves🤝 using powerful 💪computers 💻to validate transactions on the Bitcoin network, with miners rewarded with bitcoins🌕 for their efforts. Bitcoin halving aims to control inflation💥 and maintain scarcity by reducing the rate at which new bitcoins are created. #BTCHALVING events often lead to price rallies due to reduced supply, but they can also affect miners' profitability. Halving events occur roughly every four years, with three halvings since Bitcoin's inception. Bitcoin halving occurs after every 210,000 blocks are mined, reducing the block reward given to miners. 🌕Bitcoin halving is a significant event shaping 🤷the cryptocurrency market🔥, impacting miners, investors, and the overall ecosystem. 🤑 #HotTrends #BTC🔥🔥🔥🔥 #BTCHALIVING
🤖What is Bitcoin Halving?🤖
#Bitcoin-halving reduces the rewards 💰given to miners🤙 for validating transactions, occurring approximately every four years.
Bitcoin mining involves🤝 using powerful 💪computers 💻to validate transactions on the Bitcoin network, with miners rewarded with bitcoins🌕 for their efforts. Bitcoin halving aims to control inflation💥 and maintain scarcity by reducing the rate at which new bitcoins are created.

#BTCHALVING events often lead to price rallies due to reduced supply, but they can also affect miners' profitability. Halving events occur roughly every four years, with three halvings since Bitcoin's inception. Bitcoin halving occurs after every 210,000 blocks are mined, reducing the block reward given to miners.

🌕Bitcoin halving is a significant event shaping 🤷the cryptocurrency market🔥, impacting miners, investors, and the overall ecosystem. 🤑

#HotTrends #BTC🔥🔥🔥🔥 #BTCHALIVING
🚨🚨👉 BITCOIN HALVING PROFIT % 🚨🚨👉 LAST 4 HALVING INFORMATION ⛔ First Bitcoin Halving 28 November 2012 Bitcoin blocks mined: 210,000 Mining reward: From 50 BTC to 25 BTC Price on halving day: $12.3 Peak price in this cycle: $1,175.0 Maximum bitcoin price increase in this cycle: 9552.85% ⛔ Second Bitcoin Halving 9 July 2016 Bitcoin blocks mined: 420,000 Mining reward: From 25 BTC to 12.5 BTC Price on halving day: $648.1 Peak price in this cycle: $19,800.0 Maximum bitcoin price increase in this cycle: 3055.08% ⛔ Third Bitcoin Halving 11 May 2020 Bitcoin blocks mined: 630,000 Mining reward: From 12.5 BTC to 6.25 BTC Price on halving day: $8,560.6 Peak price in this cycle: $ 67,775.3 Maximum bitcoin price increase in this cycle: 791.71% Fourth Bitcoin Halving April-24- 2024 Bitcoin blocks mined: 840,000 Mining reward: From 6.25 BTC to 3.125 BTC Price on halving day: To be announced Peak price in this cycle: To be announced Maximum bitcoin price increase in this cycle: To be announced #BTCHALIVING #BTChaving2024 #BTCTo1Million #BTC🔥🔥🔥🔥 #btcnews99
🚨🚨👉 BITCOIN HALVING PROFIT %
🚨🚨👉 LAST 4 HALVING INFORMATION

⛔ First Bitcoin Halving
28 November 2012
Bitcoin blocks mined: 210,000
Mining reward: From 50 BTC to 25 BTC
Price on halving day: $12.3
Peak price in this cycle: $1,175.0
Maximum bitcoin price increase in this cycle: 9552.85%

⛔ Second Bitcoin Halving
9 July 2016
Bitcoin blocks mined: 420,000
Mining reward: From 25 BTC to 12.5 BTC
Price on halving day: $648.1
Peak price in this cycle: $19,800.0
Maximum bitcoin price increase in this cycle: 3055.08%

⛔ Third Bitcoin Halving
11 May 2020
Bitcoin blocks mined: 630,000
Mining reward: From 12.5 BTC to 6.25 BTC
Price on halving day: $8,560.6
Peak price in this cycle: $ 67,775.3
Maximum bitcoin price increase in this cycle: 791.71%

Fourth Bitcoin Halving
April-24- 2024
Bitcoin blocks mined: 840,000
Mining reward: From 6.25 BTC to 3.125 BTC
Price on halving day: To be announced
Peak price in this cycle: To be announced
Maximum bitcoin price increase in this cycle: To be announced
#BTCHALIVING #BTChaving2024 #BTCTo1Million #BTC🔥🔥🔥🔥 #btcnews99
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Binance Square Official
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Predict the price of BTC at 20th April 00:00 (UTC+0) to win up to $10000 of SATS token rewards!
To mark this milestone of Bitcoin Halving, all verified users can complete specific tasks on Binance Square during the Activity Period, and qualify for up to $10,000 of SATS token voucher reward.  Activity Period: 2024-03-04 09:00 (UTC) to 2024-04-14 09:00 (UTC)All KYC-verified Binance users who log into their Binance accounts and complete the following tasks during the Activity Period will qualify for the $10,000 of SATS reward. Tasks: Comment your prediction for the price of BTC on 20th April 00:00 (UTC+0)  on this post. Share this post on your social media and #HalvingHorizonsThe user with the closest prediction will win $5000. If more than one user shares the same prediction, you’ll share the price pool. AndIf you correctly guessed the price and signed up for a Binance account during the activity period through the shared link of this post or the Binance Square referral link, you can unlock a share of extra $2000 price poolAndIf you correctly guessed the price and completed at least 10 trades during the activity period, you will unlock a share of the extra $3000 price poolEach user can only submit 1 entry. Terms & ConditionsThis activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify.The $10,000 of SATS token voucher rewards pool will be divided equally among all qualified users.Winners will be notified via a push notification under Creator Center > Square Assistant. Voucher rewards will be distributed within 21 working days after the activity ends. Users may check their voucher rewards via Profile > Rewards Hub. The validity period for the voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. 
I want to ensure that dont follow rumore and be patient. Just learn more from your mistake and be a good decision maker. Be apperciate what little you got it. #Write2Earn‬BTC #BTCHALIVING
I want to ensure that dont follow rumore and be patient.
Just learn more from your mistake and be a good decision maker.
Be apperciate what little you got it.

#Write2Earn‬BTC
#BTCHALIVING
"Get ready for the Bitcoin halving frenzy! As the reward for miners is cut in half, at-home miners are gearing up for potential challenges. With the price of BTC needing to soar to $79K or even $140K to break even, the stakes have never been higher. But for those brave enough to take on the challenge, the rewards could be astronomical. Don't miss out on the action! #BTCHALIVING 🚀💰"
"Get ready for the Bitcoin halving frenzy! As the reward for miners is cut in half, at-home miners are gearing up for potential challenges. With the price of BTC needing to soar to $79K or even $140K to break even, the stakes have never been higher. But for those brave enough to take on the challenge, the rewards could be astronomical. Don't miss out on the action! #BTCHALIVING 🚀💰"
🚀🚀🚀What Is the Bitcoin Halving? How Bitcoin's Supply Is Limited🚀🚀🚀 #BTC #BTCHALIVING next What is the Bitcoin halving? Embedded in the Bitcoin code is a hard cap of 21 million coins. New Bitcoin is released through mining as block rewards. Miners do the work of maintaining and securing the Bitcoin ledger and are rewarded with newly minted Bitcoin. However, approximately every four years, the reward for mining is halved, and each halving reduces the rate at which new Bitcoin enters the supply—a process that likely will last until 2140. Did you know? The first million Bitcoin were mined by Satoshi Nakamoto in 2009. Since then, over 93% of the total supply has been mined and only about 1.44 million more Bitcoin will ever be created. A brief history 2009: Bitcoin mining rewards start at 50 BTC per block. 2012: The first Bitcoin halving reduces mining rewards to 25 BTC. 2016: In the second halving, mining rewards go down to 12.5 BTC. 2020: In the third halving, mining rewards drop to 6.25 BTC. 2024: In the fourth halving, expected to occur around April 2024, mining rewards drop to 3.125 BTC. Bitcoin’s supply limit To understand the Bitcoin halving, we must first understand the theory behind its supply. The inventor of Bitcoin, Satoshi Nakamoto, believed that scarcity could create value where there was none before. After all, there’s only one Mona Lisa, only so many Picassos, a limited supply of gold on Earth. Bitcoin was revolutionary in that it could, for the first time, make a digital product scarce—there will only ever be 21 million Bitcoin. The idea of limiting Bitcoin’s supply stands in marked opposition to how fiat currencies such as the U.S. dollar work. Fiat currencies initially were created with firm rules—to create one dollar, the U.S. government needed to have in reserve a certain amount of gold. This was known as the gold standard.
🚀🚀🚀What Is the Bitcoin Halving? How Bitcoin's Supply Is Limited🚀🚀🚀
#BTC #BTCHALIVING next
What is the Bitcoin halving?
Embedded in the Bitcoin code is a hard cap of 21 million coins. New Bitcoin is released through mining as block rewards. Miners do the work of maintaining and securing the Bitcoin ledger and are rewarded with newly minted Bitcoin.

However, approximately every four years, the reward for mining is halved, and each halving reduces the rate at which new Bitcoin enters the supply—a process that likely will last until 2140.

Did you know?
The first million Bitcoin were mined by Satoshi Nakamoto in 2009. Since then, over 93% of the total supply has been mined and only about 1.44 million more Bitcoin will ever be created.

A brief history
2009: Bitcoin mining rewards start at 50 BTC per block.
2012: The first Bitcoin halving reduces mining rewards to 25 BTC.
2016: In the second halving, mining rewards go down to 12.5 BTC.
2020: In the third halving, mining rewards drop to 6.25 BTC.
2024: In the fourth halving, expected to occur around April 2024, mining rewards drop to 3.125 BTC.
Bitcoin’s supply limit
To understand the Bitcoin halving, we must first understand the theory behind its supply.

The inventor of Bitcoin, Satoshi Nakamoto, believed that scarcity could create value where there was none before. After all, there’s only one Mona Lisa, only so many Picassos, a limited supply of gold on Earth.

Bitcoin was revolutionary in that it could, for the first time, make a digital product scarce—there will only ever be 21 million Bitcoin.

The idea of limiting Bitcoin’s supply stands in marked opposition to how fiat currencies such as the U.S. dollar work. Fiat currencies initially were created with firm rules—to create one dollar, the U.S. government needed to have in reserve a certain amount of gold. This was known as the gold standard.
🚀 Bitcoin has reached a new all-time high of $74,000 ahead of the fourth halving, which will take place in a month. However, after that the rate dropped to $66,000. 💰 At the same time, some altcoins such as SOL, BNB, AVAX and TON posted double-digit gains during the week, reaching multi-year highs. 📊 BTC's dominance over alts fell to 49.5%, and its market capitalization dropped to $1.344 trillion. Important news of the week: Dencun update for Ethereum, record inflows into Bitcoin ETF and sale of Coinbase shares by ARK Invest. #BTC #BTCHALIVING #HotTrends #Write2earn
🚀 Bitcoin has reached a new all-time high of $74,000 ahead of the fourth halving, which will take place in a month. However, after that the rate dropped to $66,000. 💰 At the same time, some altcoins such as SOL, BNB, AVAX and TON posted double-digit gains during the week, reaching multi-year highs. 📊 BTC's dominance over alts fell to 49.5%, and its market capitalization dropped to $1.344 trillion. Important news of the week: Dencun update for Ethereum, record inflows into Bitcoin ETF and sale of Coinbase shares by ARK Invest.

#BTC #BTCHALIVING #HotTrends #Write2earn
#Bitcoin Halving Set to Continue Until 2140: What to Expect According to Blockworks, the Bitcoin network experiences a halving of supply approximately every four years, with the next halving set to occur in 2140. Satoshi Nakamoto, Bitcoin's pseudonymous creator, programmed the year 2140 as the time when block rewards would drop to less than one satoshi, the smallest unit of bitcoin. The halving is modeled after the physical mining of scarce resources, according to Jameson Lopp, co-founder and chief security officer at Casa. He notes that Nakamoto explained the supply schedule to Mike Hearn, a former Google engineer who became an early Bitcoin contributor, in 2009. Satoshi chose 21 million as the number of coins and distribution schedule, but the divisibility of a bitcoin could be represented differently depending on its value. As the rate of issuance declines for 132 years, transaction fees will become more important for maintaining the network's hashrate and security. #BTCTo1Million #BTCHALIVING #TrendingPredictions
#Bitcoin Halving Set to Continue Until 2140: What to Expect

According to Blockworks, the Bitcoin network experiences a halving of supply approximately every four years, with the next halving set to occur in 2140. Satoshi Nakamoto, Bitcoin's pseudonymous creator, programmed the year 2140 as the time when block rewards would drop to less than one satoshi, the smallest unit of bitcoin. The halving is modeled after the physical mining of scarce resources, according to Jameson Lopp, co-founder and chief security officer at Casa. He notes that Nakamoto explained the supply schedule to Mike Hearn, a former Google engineer who became an early Bitcoin contributor, in 2009.

Satoshi chose 21 million as the number of coins and distribution schedule, but the divisibility of a bitcoin could be represented differently depending on its value. As the rate of issuance declines for 132 years, transaction fees will become more important for maintaining the network's hashrate and security.

#BTCTo1Million #BTCHALIVING #TrendingPredictions
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Binance News
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Bitcoin Halving Set to Continue Until 2140: What to Expect
According to Blockworks, the Bitcoin network experiences a halving of supply approximately every four years, with the next halving set to occur in 2140. Satoshi Nakamoto, Bitcoin's pseudonymous creator, programmed the year 2140 as the time when block rewards would drop to less than one satoshi, the smallest unit of bitcoin. The halving is modeled after the physical mining of scarce resources, according to Jameson Lopp, co-founder and chief security officer at Casa. He notes that Nakamoto explained the supply schedule to Mike Hearn, a former Google engineer who became an early Bitcoin contributor, in 2009.

Satoshi chose 21 million as the number of coins and distribution schedule, but the divisibility of a bitcoin could be represented differently depending on its value. As the rate of issuance declines for 132 years, transaction fees will become more important for maintaining the network's hashrate and security. Lopp is optimistic about the future of the multi-layered Bitcoin ecosystem, expecting on-chain transactions to pay relatively high fees as the base chain starts to resemble a high-value cryptographic accumulator.
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Bearish
PRE-HALVING CORRECTION LOOMS ON BTC,, The upcoming halving event scheduled for April, combined with historical patterns, suggests that Bitcoin may experience one final correction before the bull run resumes, presenting a crucial moment for investors. Crypto analyst Rekt Capital emphasizes the significance of a pre-halving retrace, noting that historically, it tends to occur only a few weeks before the actual halving event. Looking back at previous halvings, such retracements have ranged from -38% in 2016 to -20% in 2020. Based on these patterns, a retracement of around 27% is possible in the current market scenario. If a retracement of this magnitude were to occur, it would place the Bitcoin price at approximately $37,900, as indicated in Rekt Capital’s pre-halving retrace chart. This level represents an important threshold for investors to accumulate the cryptocurrency before the next phase of the halving event and the anticipated bull run rally. KEY TARGET AREAS Bitcoin’s continued rise has brought its price to a critical juncture, with the current trading level of $52,100 catching the attention of the founders of blockchain data and intelligence platform Glassnode. According to their analysis, historical data reveals that the $52,000 level has acted as a formidable resistance point on the weekly chart, making it a crucial threshold for Bitcoin’s trajectory. The platform’s founders suggest that a successful breach of this level could trigger a surge of buying pressure, potentially leading to a Fear of Missing Out (FOMO) scenario among investors Overall, the future direction of BTC price remains uncertain, leaving investors to ponder whether the current uptrend will be sustained or if a potential pre-halving retrace will occur before resuming its upward trajectory to surpass its previous all-time high and reach the coveted $100,000 level. #Write2Earn #BTCHALIVING
PRE-HALVING CORRECTION LOOMS ON BTC,,

The upcoming halving event scheduled for April, combined with historical patterns, suggests that Bitcoin may experience one final correction before the bull run resumes, presenting a crucial moment for investors.

Crypto analyst Rekt Capital emphasizes the significance of a pre-halving retrace, noting that historically, it tends to occur only a few weeks before the actual halving event.

Looking back at previous halvings, such retracements have ranged from -38% in 2016 to -20% in 2020. Based on these patterns, a retracement of around 27% is possible in the current market scenario.

If a retracement of this magnitude were to occur, it would place the Bitcoin price at approximately $37,900, as indicated in Rekt Capital’s pre-halving retrace chart. This level represents an important threshold for investors to accumulate the cryptocurrency before the next phase of the halving event and the anticipated bull run rally.

KEY TARGET AREAS

Bitcoin’s continued rise has brought its price to a critical juncture, with the current trading level of $52,100 catching the attention of the founders of blockchain data and intelligence platform Glassnode.

According to their analysis, historical data reveals that the $52,000 level has acted as a formidable resistance point on the weekly chart, making it a crucial threshold for Bitcoin’s trajectory.

The platform’s founders suggest that a successful breach of this level could trigger a surge of buying pressure, potentially leading to a Fear of Missing Out (FOMO) scenario among investors
Overall, the future direction of BTC price remains uncertain, leaving investors to ponder whether the current uptrend will be sustained or if a potential pre-halving retrace will occur before resuming its upward trajectory to surpass its previous all-time high and reach the coveted $100,000 level.

#Write2Earn #BTCHALIVING
Bitcoin (BTCUSDT) Analysis for Binance Square Date: 2024-04-11 Chart: 1-Day Candlestick Chart General Overview: The BTCUSDT chart is currently in a sideways trend.The 200-day EMA is at $68,226.56 and is above the price. This indicates a long-term bullish trend.The 50-day EMA ($69,626.01) is above the 200-day EMA, which indicates a short-term bullish trend.The 99-day EMA ($55,547.48) is below the other two EMAs, which indicates a long-term resistance level.Support levels are at $65,000, $55,000, and $45,000.Resistance levels are at $73,777, $80,000, and $85,000.The RSI indicator is above the 50 level, which indicates neutral momentum.The MACD indicator is near zero, which indicates a weak trend. Short-Term Prediction: The price is likely to test the $73,777 resistance level in the next few days.If the resistance level is broken, the price could rise to $80,000.If the resistance level is not broken, the price could fall to the $65,000 support level. Long-Term Prediction: I believe that the long-term trend for Bitcoin is bullish.The price is likely to rise to $85,000 and possibly $100,000 in the next few months.It is important to do your own research and assess the risks before making any investments. Risk Warning: The cryptocurrency market is highly volatile and investments carry risk.This analysis is for informational purposes only and is not investment advice.We recommend that you do your own research and assess the risks before making any investments. Please don't forget to subscribe and like and don't miss the latest analysis. $BTC #BTCHALIVING #btcusdt #btc
Bitcoin (BTCUSDT) Analysis for Binance Square
Date: 2024-04-11
Chart: 1-Day Candlestick Chart
General Overview:
The BTCUSDT chart is currently in a sideways trend.The 200-day EMA is at $68,226.56 and is above the price. This indicates a long-term bullish trend.The 50-day EMA ($69,626.01) is above the 200-day EMA, which indicates a short-term bullish trend.The 99-day EMA ($55,547.48) is below the other two EMAs, which indicates a long-term resistance level.Support levels are at $65,000, $55,000, and $45,000.Resistance levels are at $73,777, $80,000, and $85,000.The RSI indicator is above the 50 level, which indicates neutral momentum.The MACD indicator is near zero, which indicates a weak trend.

Short-Term Prediction:
The price is likely to test the $73,777 resistance level in the next few days.If the resistance level is broken, the price could rise to $80,000.If the resistance level is not broken, the price could fall to the $65,000 support level.

Long-Term Prediction:
I believe that the long-term trend for Bitcoin is bullish.The price is likely to rise to $85,000 and possibly $100,000 in the next few months.It is important to do your own research and assess the risks before making any investments.

Risk Warning:
The cryptocurrency market is highly volatile and investments carry risk.This analysis is for informational purposes only and is not investment advice.We recommend that you do your own research and assess the risks before making any investments.

Please don't forget to subscribe and like and don't miss the latest analysis.
$BTC #BTCHALIVING #btcusdt #btc
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