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BTC_MARKET_UPDATE
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Anas Ahmad
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Bullish
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Bearish
**Bitcoin's Seven-Month Bull Run Faces a Hurdle** Bitcoin (BTC), the flagship cryptocurrency, is poised to end its seven-month streak of positive monthly closes. As April draws to a close, BTC's price hovers around $63,000, significantly below the threshold of $71,280 required to maintain the bullish streak. The cryptocurrency market has experienced considerable turbulence throughout April, with BTC feeling the brunt of adverse news and data that dampened market sentiment. One of the key factors driving this downturn has been the uncertainty surrounding spot Bitcoin ETFs, which had previously fueled optimism in the crypto space. As tensions between Israel and Iran escalated, coupled with net money outflows in spot Bitcoin ETFs, selling pressure mounted. These factors led to a decline in BTC's price, threatening the end of its seven-month positive run. Unless Bitcoin manages to surge by 16% before the end of April, the streak will end with a negative monthly close. Bitcoin's impressive rally began in September 2023, sparked by the anticipation of spot Bitcoin ETFs in the United States. The cryptocurrency climbed from $25,940 to $27,483 as investors and analysts speculated on the potential benefits of ETF approval. This momentum continued through the following months, driven by positive news and market sentiment. However, April's bearish market conditions have raised concerns about a broader downward trend. Experts in the crypto industry suggest that if Bitcoin's price closes in the red for April, it could signal the beginning of a bearish trend that might continue into May. If this scenario plays out, Bitcoin could face two consecutive months of negative monthly closes, potentially indicating a market correction. As the market watches for signs of recovery, the end of Bitcoin's seven-month positive streak may mark a pivotal moment in the cryptocurrency's 2024 journey, with implications for investor sentiment and broader market trends. #bitcoinhalving #BTC_MARKET_UPDATE #BTCđŸŒȘ
**Bitcoin's Seven-Month Bull Run Faces a Hurdle**

Bitcoin (BTC), the flagship cryptocurrency, is poised to end its seven-month streak of positive monthly closes. As April draws to a close, BTC's price hovers around $63,000, significantly below the threshold of $71,280 required to maintain the bullish streak.

The cryptocurrency market has experienced considerable turbulence throughout April, with BTC feeling the brunt of adverse news and data that dampened market sentiment. One of the key factors driving this downturn has been the uncertainty surrounding spot Bitcoin ETFs, which had previously fueled optimism in the crypto space.

As tensions between Israel and Iran escalated, coupled with net money outflows in spot Bitcoin ETFs, selling pressure mounted. These factors led to a decline in BTC's price, threatening the end of its seven-month positive run. Unless Bitcoin manages to surge by 16% before the end of April, the streak will end with a negative monthly close.

Bitcoin's impressive rally began in September 2023, sparked by the anticipation of spot Bitcoin ETFs in the United States. The cryptocurrency climbed from $25,940 to $27,483 as investors and analysts speculated on the potential benefits of ETF approval. This momentum continued through the following months, driven by positive news and market sentiment.

However, April's bearish market conditions have raised concerns about a broader downward trend. Experts in the crypto industry suggest that if Bitcoin's price closes in the red for April, it could signal the beginning of a bearish trend that might continue into May. If this scenario plays out, Bitcoin could face two consecutive months of negative monthly closes, potentially indicating a market correction.

As the market watches for signs of recovery, the end of Bitcoin's seven-month positive streak may mark a pivotal moment in the cryptocurrency's 2024 journey, with implications for investor sentiment and broader market trends.
#bitcoinhalving #BTC_MARKET_UPDATE #BTCđŸŒȘ
$BTC In my Opinion BTC Will Hit 52k in the Upcoming Weeks . what's your opinion . #BTC_MARKET_UPDATE
$BTC
In my Opinion BTC Will Hit 52k in the Upcoming Weeks .
what's your opinion .
#BTC_MARKET_UPDATE
Hit 52k
51%
Hit 60K
49%
82 votes ‱ Voting closed
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Bearish
In recent months, Bitcoin has navigated through a series of significant events, including heightened regulatory scrutiny worldwide, resulting in concerns about potential hurdles for cryptocurrencies. Market volatility has persisted, driven by macroeconomic uncertainty and institutional adoption, despite periodic downturns. Institutional involvement, highlighted by Tesla's Bitcoin purchase đŸ’Œ, continues to validate Bitcoin's status as a leading digital asset. Environmental concerns regarding Bitcoin's energy consumption have sparked discussions within the crypto community about sustainability đŸŒ±. Nonetheless, technological innovations such as the Taproot upgrade and Lightning Network showcase ongoing efforts to enhance Bitcoin's protocol đŸ› ïž. As Bitcoin evolves amidst these dynamics, it remains a focal point for innovation and speculation, shaping the future of finance and digital assets globally 🚀. $BTC $ETH $SOL #HKETF #BTC_MARKET_UPDATE
In recent months, Bitcoin has navigated through a series of significant events, including heightened regulatory scrutiny worldwide, resulting in concerns about potential hurdles for cryptocurrencies. Market volatility has persisted, driven by macroeconomic uncertainty and institutional adoption, despite periodic downturns. Institutional involvement, highlighted by Tesla's Bitcoin purchase đŸ’Œ, continues to validate Bitcoin's status as a leading digital asset. Environmental concerns regarding Bitcoin's energy consumption have sparked discussions within the crypto community about sustainability đŸŒ±. Nonetheless, technological innovations such as the Taproot upgrade and Lightning Network showcase ongoing efforts to enhance Bitcoin's protocol đŸ› ïž. As Bitcoin evolves amidst these dynamics, it remains a focal point for innovation and speculation, shaping the future of finance and digital assets globally 🚀.
$BTC
$ETH
$SOL
#HKETF
#BTC_MARKET_UPDATE
#BTC_MARKET_UPDATE Don't listen to the people who calling for 50K they gonna keep you lined no more 50K btc gonna hit 70K sooner than you think
#BTC_MARKET_UPDATE
Don't listen to the people who calling for 50K they gonna keep you lined no more 50K btc gonna hit 70K sooner than you think
Retest or Dump? $BTC #BTC_MARKET_UPDATE This Bitcoin halving is unlike past ones. There's a hidden pattern forming. Check it out.
Retest or Dump? $BTC #BTC_MARKET_UPDATE
This Bitcoin halving is unlike past ones. There's a hidden pattern forming. Check it out.
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Bullish
Set your intentions for the week and let's make it happen.... It's Monday guys....... $BTC is still on a bullish movement . I am entering into a small entry and thought to share the signal. Entry:- 63550 SL :-62799 TP1:-64410 TP2:-65200 TP3:-66000 enjoy the new week! (not financial advise and I am new to analysing) #BTC #BTC_MARKET_UPDATE #signalfutures
Set your intentions for the week and let's make it happen....
It's Monday guys.......
$BTC is still on a bullish movement .
I am entering into a small entry and thought to share the signal.

Entry:- 63550
SL :-62799

TP1:-64410
TP2:-65200
TP3:-66000

enjoy the new week!
(not financial advise and I am new to analysing)
#BTC #BTC_MARKET_UPDATE #signalfutures
BTC fell below the 61600 support level again‌ Where will the next bottom appear⁉Let's take a look at the operational suggestions we offer you. I was just posting an article to tell you that my opinion is that BTC will definitely fall below 60,000. You can click on the link below to read the article. Then our attempt to go long since we heard the suggestions of some top foreign technical traders and our long selling also genertated floating profits. Then our long orders have been stopped profit and we hold this short position and predict that BTC will fall below 60,000. I was just telling you that my own mainstream opinion is to break 60,000, while the mainstream foreign technical traders think that it will go up to 80,000. So we have won the victory in prediction again, and we have once again surpassed these foreign technical trading masters. It is predicted that this wave of a big plunge below 60,000‌ We just added to the position at 3024 for this short selling again.#altcoins #BTC_MARKET_UPDATE #BinanceLaunchpool
BTC fell below the 61600 support level again‌
Where will the next bottom appear⁉Let's take a look at the operational suggestions we offer you.
I was just posting an article to tell you that my opinion is that BTC will definitely fall below 60,000. You can click on the link below to read the article. Then our attempt to go long since we heard the suggestions of some top foreign technical traders and our long selling also genertated floating profits. Then our long orders have been stopped profit and we hold this short position and predict that BTC will fall below 60,000. I was just telling you that my own mainstream opinion is to break 60,000, while the mainstream foreign technical traders think that it will go up to 80,000. So we have won the victory in prediction again, and we have once again surpassed these foreign technical trading masters. It is predicted that this wave of a big plunge below 60,000‌ We just added to the position at 3024 for this short selling again.#altcoins #BTC_MARKET_UPDATE #BinanceLaunchpool
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