Bitcoin❗️
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Come on, some more opium!
Here is #Bitcoin❗️
Nov/Dec 2020 versus Nov/Dec 2024
Do with it what you want.
This is not investment advice, past performance does not guarantee future performance!
Here is #Bitcoin❗️
Nov/Dec 2020 versus Nov/Dec 2024
Do with it what you want.
This is not investment advice, past performance does not guarantee future performance!
See original
🤑Earnings of $BTC from El Salvador exceed 300 million dollars🤑
🐋 The unrealized earnings of El Salvador that exceed 300 million dollars from its Bitcoin purchases occurred when BTC broke the price milestone of USD 100,000.
Salvadoran President Nayib Bukele highlighted the country's unrealized gains from its investments in Bitcoin on social media after the cryptocurrency surpassed 100,000 dollars for the first time.
Bukele's latest update shows that the country has spent nearly 270 million dollars on Bitcoin since its initial adoption of the cryptocurrency. The portfolio shows that no Bitcoin has been sold, and unrealized gains now exceed 333 million dollars.
El Salvador was the first country to adopt Bitcoin as legal tender. On September 7, 2021, the country's Bitcoin Law came into effect, officially making BTC a legally recognized currency for financial exchanges within El Salvador. On September 6, the government also purchased its first 200 BTC.
☝️ Since then, El Salvador has continued to acquire Bitcoin. On November 17, 2022, Bukele announced a dollar-cost averaging (DCA) strategy, committing to buy one Bitcoin daily.
#Bitcoin❗️ #bitcoinhoy #BTC☀️ #BTC100k #bullrun2024📈📈
🐋 The unrealized earnings of El Salvador that exceed 300 million dollars from its Bitcoin purchases occurred when BTC broke the price milestone of USD 100,000.
Salvadoran President Nayib Bukele highlighted the country's unrealized gains from its investments in Bitcoin on social media after the cryptocurrency surpassed 100,000 dollars for the first time.
Bukele's latest update shows that the country has spent nearly 270 million dollars on Bitcoin since its initial adoption of the cryptocurrency. The portfolio shows that no Bitcoin has been sold, and unrealized gains now exceed 333 million dollars.
El Salvador was the first country to adopt Bitcoin as legal tender. On September 7, 2021, the country's Bitcoin Law came into effect, officially making BTC a legally recognized currency for financial exchanges within El Salvador. On September 6, the government also purchased its first 200 BTC.
☝️ Since then, El Salvador has continued to acquire Bitcoin. On November 17, 2022, Bukele announced a dollar-cost averaging (DCA) strategy, committing to buy one Bitcoin daily.
#Bitcoin❗️ #bitcoinhoy #BTC☀️ #BTC100k #bullrun2024📈📈
Mohammed Enani:
Yes
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👀🚀 ARK's Cathie Wood believes #Bitcoin! is still in its early stages and has the potential to surpass $100,000
$BTC became a $2 trillion asset in less than 16 years, while companies like Apple and Amazon took 42 and 29 years, respectively, to reach that value. Bitcoin hit a historic milestone by surpassing the $100,000 mark on Dec. 5, but the cryptocurrency is still in the "early innings," according to the ARK Invest CEO. Wood compared the Bitcoin market to spot gold, noting that gold is a $15 trillion market at the price of $2,700 per ounce.
Bitcoin, valued at $102,750 at the time of writing, has a market value of roughly $2 trillion, leaving it with plenty of growth potential.
Bitcoin Reached a $2 Trillion Market Cap in Less Than 16 YearsWhile it took Amazon 29 years to reach a $2 trillion market value, Bitcoin achieved it in less than 16 years since the first BTC transaction was made in January 2009.
Apple, the second-largest market after gold, took almost 42 years to reach a $2 trillion market cap for the first time in 2020.
At its current price, Bitcoin accounts for 52.6% of the entire cryptocurrency market, with the total market cap at $3.9 trillion, according to CoinGecko.
#Bitcoin100K #Bitcoin❗️ #Altcoinseason2024
$BTC became a $2 trillion asset in less than 16 years, while companies like Apple and Amazon took 42 and 29 years, respectively, to reach that value. Bitcoin hit a historic milestone by surpassing the $100,000 mark on Dec. 5, but the cryptocurrency is still in the "early innings," according to the ARK Invest CEO. Wood compared the Bitcoin market to spot gold, noting that gold is a $15 trillion market at the price of $2,700 per ounce.
Bitcoin, valued at $102,750 at the time of writing, has a market value of roughly $2 trillion, leaving it with plenty of growth potential.
Bitcoin Reached a $2 Trillion Market Cap in Less Than 16 YearsWhile it took Amazon 29 years to reach a $2 trillion market value, Bitcoin achieved it in less than 16 years since the first BTC transaction was made in January 2009.
Apple, the second-largest market after gold, took almost 42 years to reach a $2 trillion market cap for the first time in 2020.
At its current price, Bitcoin accounts for 52.6% of the entire cryptocurrency market, with the total market cap at $3.9 trillion, according to CoinGecko.
#Bitcoin100K #Bitcoin❗️ #Altcoinseason2024
Square-Mary:
yes
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BTC $100,000 After 6 Months halving!!!
No need to be afraid to buy now
The launch of MEGADROP is creating BULLISH, because the TOKEN is locked, and you cannot trade it, thus affecting the purchasing factor.
After launching on Omni, I think the project failed, because many people found it very easy to get it from the airdrop, so they made as many tokens as they could, and sold the profits, so the MARKET experienced a very drastic decline.
The halving has happened, and BTC is even more difficult to get, some projects have to buy crypto from USD, most likely, BTC will continue to be BULLISH until 1 year after the Halving
$BTC $ETH $BNB
#BitcoinHalving2024: #Bitcoin❗️ #Bitcoinbullish #Binance
No need to be afraid to buy now
The launch of MEGADROP is creating BULLISH, because the TOKEN is locked, and you cannot trade it, thus affecting the purchasing factor.
After launching on Omni, I think the project failed, because many people found it very easy to get it from the airdrop, so they made as many tokens as they could, and sold the profits, so the MARKET experienced a very drastic decline.
The halving has happened, and BTC is even more difficult to get, some projects have to buy crypto from USD, most likely, BTC will continue to be BULLISH until 1 year after the Halving
$BTC $ETH $BNB
#BitcoinHalving2024: #Bitcoin❗️ #Bitcoinbullish #Binance
4-hour chart analysis, it is observed that the price is nearing the designated discount level, identified at the 50% retracement mark. As highlighted in my prior analysis, I stated my intention to wait for the price to pull back to this 50% level before confirming any bullish signals through a market structure breakout.
Therefore, I am currently monitoring for a bullish breakout to occur. Absent this, my stance on the price movement remains bearish.
#BTC🌪️ #BTCEvent #BTC_CRASH_UPDATE #BTC_MARKET_UPDATE #Bitcoin❗️
Therefore, I am currently monitoring for a bullish breakout to occur. Absent this, my stance on the price movement remains bearish.
#BTC🌪️ #BTCEvent #BTC_CRASH_UPDATE #BTC_MARKET_UPDATE #Bitcoin❗️
$BTC Hong Kong Bitcoin ETF Expected to Outperform $125M US Launch
The much-anticipated Hong Kong Bitcoin ETF market will begin trading on Tuesday, marking a major milestone in the acceptance of the main cryptocurrency and building on the US ETF market.
Debut of HK Bitcoin ETF Market Could Break Records
Warsaw Fund Digital Asset Management Supervisor and Family Wealth Supervisor Zhu Haokang was optimistic about Hong Kong Bitcoin ETF trading volume on its first day.
Haokang said that Huaxia, one of the three ETF issuers, expects to be the biggest on day one. Digital asset platform OSL has raised two funds, including Huaxia, in its maiden funding.
Haokang attributes this divergence to the US spot Bitcoin ETF's lack of spot and in-kind transactions.
Unmatched Investment Opportunities
Unlike the other two offerings, the China Summer Fund's Hong Kong spot ETF includes Hong Kong dollars, US dollars, and dual counter offers (RMB counters).
The fund's non-listed portion complements its listed stake, distinguishing it from competitors. Investors, including Bitcoin miners, may buy the Hong Kong virtual asset spot ETF using their Bitcoin utilizing the physical purchasing method.
ETF-free nations like Singapore and the Middle East have been targeted for investor outreach, creating substantial interest.
Hong Kong's cash and in-kind subscriptions and open trading during Asian market hours are anticipated to draw many American investors, according to Haokang, despite the large US spot Bitcoin ETF market.
Restricted Mainland Chinese Investment
OSL ETF and Trusteeship Business Manager Wayne Huang said that Victory Securities may simplify physical purchases and that China's winning securities can use OSL's backing.
Three coupons allow tangible transactions, with more coming. After the ETF's debut, voucher chambers of commerce may join the Bitcoin ETF market in May.
BTC is at $63,000 after failing to consolidate over $66,000 in previous days. The Hong Kong ETF market debut is likely to dramatically affect BTC prices in the long term.
#HKETF #Bitcoin❗️
The much-anticipated Hong Kong Bitcoin ETF market will begin trading on Tuesday, marking a major milestone in the acceptance of the main cryptocurrency and building on the US ETF market.
Debut of HK Bitcoin ETF Market Could Break Records
Warsaw Fund Digital Asset Management Supervisor and Family Wealth Supervisor Zhu Haokang was optimistic about Hong Kong Bitcoin ETF trading volume on its first day.
Haokang said that Huaxia, one of the three ETF issuers, expects to be the biggest on day one. Digital asset platform OSL has raised two funds, including Huaxia, in its maiden funding.
Haokang attributes this divergence to the US spot Bitcoin ETF's lack of spot and in-kind transactions.
Unmatched Investment Opportunities
Unlike the other two offerings, the China Summer Fund's Hong Kong spot ETF includes Hong Kong dollars, US dollars, and dual counter offers (RMB counters).
The fund's non-listed portion complements its listed stake, distinguishing it from competitors. Investors, including Bitcoin miners, may buy the Hong Kong virtual asset spot ETF using their Bitcoin utilizing the physical purchasing method.
ETF-free nations like Singapore and the Middle East have been targeted for investor outreach, creating substantial interest.
Hong Kong's cash and in-kind subscriptions and open trading during Asian market hours are anticipated to draw many American investors, according to Haokang, despite the large US spot Bitcoin ETF market.
Restricted Mainland Chinese Investment
OSL ETF and Trusteeship Business Manager Wayne Huang said that Victory Securities may simplify physical purchases and that China's winning securities can use OSL's backing.
Three coupons allow tangible transactions, with more coming. After the ETF's debut, voucher chambers of commerce may join the Bitcoin ETF market in May.
BTC is at $63,000 after failing to consolidate over $66,000 in previous days. The Hong Kong ETF market debut is likely to dramatically affect BTC prices in the long term.
#HKETF #Bitcoin❗️
Can $PEPE cross the point of 1$ ?
yes, It can but how read it.
Pepe was launched in April 15, 2023 at a price of around $0.000000001 now its price is 0.00000724. one time it stroke the peak of 0.00001074.
800% raise in march 2024 which give sea profit to Evey pepe investors.
The number of pepe holders will have to increase by over nine times to match $SHIB B Inu. That number nearly doubles to match $DOGE .
PEPE is removing coins through burning strategy which can create huge scarcity in market to raise its price. 1% of all transaction fees are permanently removed from circulation.
Pepe 1$ price is reality like $BTC (price was $0.30 in 2010) while in 2009 its price was $0.0009 each. Now you can guess the price of pepe in near future.
Florida native Laszlo Hanyecz ordered two pizzas for 10,000 Bitcoins in 2010.
Follow + like + comments for more updates.
#pepeburning rning #PEPE❤️ PERealityCheck #pepeisonmymind mind #Bitcoin❗️ oin❗️ #PEPE❤️
yes, It can but how read it.
Pepe was launched in April 15, 2023 at a price of around $0.000000001 now its price is 0.00000724. one time it stroke the peak of 0.00001074.
800% raise in march 2024 which give sea profit to Evey pepe investors.
The number of pepe holders will have to increase by over nine times to match $SHIB B Inu. That number nearly doubles to match $DOGE .
PEPE is removing coins through burning strategy which can create huge scarcity in market to raise its price. 1% of all transaction fees are permanently removed from circulation.
Pepe 1$ price is reality like $BTC (price was $0.30 in 2010) while in 2009 its price was $0.0009 each. Now you can guess the price of pepe in near future.
Florida native Laszlo Hanyecz ordered two pizzas for 10,000 Bitcoins in 2010.
Follow + like + comments for more updates.
#pepeburning rning #PEPE❤️ PERealityCheck #pepeisonmymind mind #Bitcoin❗️ oin❗️ #PEPE❤️
I've setup more than $1m worth of #Bitcoin buy orders at $58,000-$60,000.
#BTC
#Bitcoin❗️
#BitcoinShortSignal
$BTC
#BTC
#Bitcoin❗️
#BitcoinShortSignal
$BTC
#Bitcoin❗️ is 23% off its aLL-time-high.
So why does it feel worse than it is?
👉This is the second longest run of #RED weekly candles in Bitcoin history!
Both times were deep into a bear market.
$BTC
Share with your friends
#fomc #ScamRiskWarning #bitcoinhalving #BTC
So why does it feel worse than it is?
👉This is the second longest run of #RED weekly candles in Bitcoin history!
Both times were deep into a bear market.
$BTC
Share with your friends
#fomc #ScamRiskWarning #bitcoinhalving #BTC
In April, @MicroStrategy acquired an additional 122 BTC for $7.8 million and now holds 214,400 BTC.
#BusinessIntelligence and #Bitcoin❗️
#BusinessIntelligence and #Bitcoin❗️
For the first time I’m being bearish.
There is so much reason for this.
This is a bull trap. NOW LISTEN 👂
IF YOU PAY ATTENTION TO BITCOIN PAST EVENTS, there is something unique you will discover.
Bitcoin only pumps hard when he dips so hard leaving lots of investors in disbelief.
Whenever they expect upward rising, thats when it fell so dip.
Each serious event that happens in bitcoin. Price does not surge. Even when we anticipate it to.
Look at almighty, BITCOIN ETF. We plummet
Past halving we also plummet before going parabolic the next year.
Mega pumps only come with mega dips.
Thats where the upward momentum relies.
And most importantly, FOR THE FIRST TIME IN SEVEN MONTHS WE ARE HITTING MONTHLY RED CANDLES.
Ohh please , you can be bullish all you want, we are still in bull market,
BUT PLEASE PREPARE FOR THE WORST THIS UPCOMING MONTHS.
I see $52k 👀
#BTC #Bitcoin❗️
$BTC
There is so much reason for this.
This is a bull trap. NOW LISTEN 👂
IF YOU PAY ATTENTION TO BITCOIN PAST EVENTS, there is something unique you will discover.
Bitcoin only pumps hard when he dips so hard leaving lots of investors in disbelief.
Whenever they expect upward rising, thats when it fell so dip.
Each serious event that happens in bitcoin. Price does not surge. Even when we anticipate it to.
Look at almighty, BITCOIN ETF. We plummet
Past halving we also plummet before going parabolic the next year.
Mega pumps only come with mega dips.
Thats where the upward momentum relies.
And most importantly, FOR THE FIRST TIME IN SEVEN MONTHS WE ARE HITTING MONTHLY RED CANDLES.
Ohh please , you can be bullish all you want, we are still in bull market,
BUT PLEASE PREPARE FOR THE WORST THIS UPCOMING MONTHS.
I see $52k 👀
#BTC #Bitcoin❗️
$BTC
$BTC #Can $PEPE cross the point of 1$ ?
yes, It can but how read it.
Pepe was launched in April 15, 2023 at a price of around $0.000000001 now its price is 0.00000724. one time it stroke the peak of 0.00001074.
800% raise in march 2024 which give sea profit to Evey pepe investors.
The number of pepe holders will have to increase by over nine times to match $SHIB Inu. That number nearly doubles to match $DOGE.
PEPE is removing coins through burning strategy which can create huge scarcity in market to raise its price. 1% of all transaction fees are permanently removed from circulation.
Pepe 1$ price is reality like $BTC (price was $0.30 in 2010) while in 2009 its price was $0.0009 each. Now you can guess the price of pepe in near future.
Florida native Laszlo Hanyecz ordered two pizzas for 10,000 Bitcoins in 2010.
Follow + like + comments for more updates.
#pepeburning #PEPERealityCheck tyCheck #pepeisonmymind #Bitcoin❗️ tcoin❗️ #PEPE❤️ $BTC
yes, It can but how read it.
Pepe was launched in April 15, 2023 at a price of around $0.000000001 now its price is 0.00000724. one time it stroke the peak of 0.00001074.
800% raise in march 2024 which give sea profit to Evey pepe investors.
The number of pepe holders will have to increase by over nine times to match $SHIB Inu. That number nearly doubles to match $DOGE.
PEPE is removing coins through burning strategy which can create huge scarcity in market to raise its price. 1% of all transaction fees are permanently removed from circulation.
Pepe 1$ price is reality like $BTC (price was $0.30 in 2010) while in 2009 its price was $0.0009 each. Now you can guess the price of pepe in near future.
Florida native Laszlo Hanyecz ordered two pizzas for 10,000 Bitcoins in 2010.
Follow + like + comments for more updates.
#pepeburning #PEPERealityCheck tyCheck #pepeisonmymind #Bitcoin❗️ tcoin❗️ #PEPE❤️ $BTC
🤑𝙂𝙀𝙏 𝙁𝙍𝙀𝙀 𝙍𝙀𝙒𝘼𝙍𝘿 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 𝘼𝙉𝘿 𝙋𝙀𝙋𝙀 𝘾𝙊𝙄𝙉𝙎 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 𝙋𝙊𝙎𝙏𝙎💰🤑💸
#Bitcoin❗️ falls, but the Asian market could fix it tomorrow
$BTC has moved out of its recent price range that it has been trading within for the past 10 days.
The price decrease suggests a lack of demand for Bitcoin, but for a total correction, the price would need to drop below $60,000.
Additionally, trading for #BitcoinETFs will launch tomorrow in Hong Kong.
It is worth noting that the Asian crypto market is substantially larger than the combined European and American markets, which could potentially support the $BTC price and bring it back above $62,700.
#Bitcoin❗️ falls, but the Asian market could fix it tomorrow
$BTC has moved out of its recent price range that it has been trading within for the past 10 days.
The price decrease suggests a lack of demand for Bitcoin, but for a total correction, the price would need to drop below $60,000.
Additionally, trading for #BitcoinETFs will launch tomorrow in Hong Kong.
It is worth noting that the Asian crypto market is substantially larger than the combined European and American markets, which could potentially support the $BTC price and bring it back above $62,700.
📉 Bitcoin’s Price Drop to $64,000 Leads to $210 Million Liquidations in One Day
🌍 Market Volatility: Bitcoin's drop to $64,000 caused significant market volatility, impacting altcoins more severely than BTC.
💥 Massive Liquidations: The decline led to over $210 million in liquidations within 24 hours, affecting both long and short traders across various cryptocurrencies like Ethereum and Solana.
📉 Altcoin Declines: Altcoins like Solana (SOL), Toncoin (TON), Cardano (ADA), and others experienced substantial drops, with SOL plummeting over 7% in the past day.
💼 ETF Trader Reactions: Amidst market turmoil, Bitcoin ETF traders sought safety, resulting in significant outflows from Grayscale's ETF GBTC and inflows into Fidelity's ETF FBTC and others. 💰
#Bitcoin❗️ #BitcoinPrice2024
🌍 Market Volatility: Bitcoin's drop to $64,000 caused significant market volatility, impacting altcoins more severely than BTC.
💥 Massive Liquidations: The decline led to over $210 million in liquidations within 24 hours, affecting both long and short traders across various cryptocurrencies like Ethereum and Solana.
📉 Altcoin Declines: Altcoins like Solana (SOL), Toncoin (TON), Cardano (ADA), and others experienced substantial drops, with SOL plummeting over 7% in the past day.
💼 ETF Trader Reactions: Amidst market turmoil, Bitcoin ETF traders sought safety, resulting in significant outflows from Grayscale's ETF GBTC and inflows into Fidelity's ETF FBTC and others. 💰
#Bitcoin❗️ #BitcoinPrice2024
Bitcoin cost after halving❗️
Dear traders, Bitcoin price is suffering to stay above 60k down from 67k to 62.5k after halving even if the average mining cost is now estimated by experts to be around 53.000$BTC ❗️
I know that its the most expensive crypto and weak traders with low investment are victims of manipulation because they can’t afford big losses so they sell even if the price is down by 2 to 5 percent only👀💰
Anyway, the price until now is moving against market expectations but how long it will stay down? Bitcoin supply is now very rare but will the demand go down🥸
Until now bears are winning since halving but the bulls are ready for a long run🥳
Tell me about your opinion in the comments ✨
#BTC🌪️ #bitcoinhakving #Bitcoin❗️
Dear traders, Bitcoin price is suffering to stay above 60k down from 67k to 62.5k after halving even if the average mining cost is now estimated by experts to be around 53.000$BTC ❗️
I know that its the most expensive crypto and weak traders with low investment are victims of manipulation because they can’t afford big losses so they sell even if the price is down by 2 to 5 percent only👀💰
Anyway, the price until now is moving against market expectations but how long it will stay down? Bitcoin supply is now very rare but will the demand go down🥸
Until now bears are winning since halving but the bulls are ready for a long run🥳
Tell me about your opinion in the comments ✨
#BTC🌪️ #bitcoinhakving #Bitcoin❗️
🤑𝙂𝙀𝙏 𝙁𝙍𝙀𝙀 𝙍𝙀𝙒𝘼𝙍𝘿 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 𝘼𝙉𝘿 𝙋𝙀𝙋𝙀 𝘾𝙊𝙄𝙉𝙎 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 𝙋𝙊𝙎𝙏𝙎💰🤑💸
#BTC $BTC #Bitcoin❗️
#BTC_CRASH_UPDATE
#BTC🌪️
Just opened my old chart and noticed the Cristal clear BTC trend here. As I was saying earlier, I don't expect BTC below 60K. But in case it goes below 60K, we will see the 53K level for sure. This chart establishes my words more and much clearer.
A like and retweet is always appreciated.
Don't forget to give me a follow on twitter.
Thank you.
#BTC $BTC #Bitcoin❗️
#BTC_CRASH_UPDATE
#BTC🌪️
Just opened my old chart and noticed the Cristal clear BTC trend here. As I was saying earlier, I don't expect BTC below 60K. But in case it goes below 60K, we will see the 53K level for sure. This chart establishes my words more and much clearer.
A like and retweet is always appreciated.
Don't forget to give me a follow on twitter.
Thank you.
Sponsored by
Hi binanc family .#alret
Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000
PREMIUM
CRYPTOS | 04/26/2024 06:54:00 GMT
You have 4 free articles left this month
UNLOCK OFFER
Bitcoin price is likely to dip into the $59,111 to $53,120 imbalance, allowing sidelined buyers to accumulate.
A bounce from this zone could propel BTC to $80,000, a new all-time high.
On-chain metrics support the short-term upswing in BTC.
Bitcoin’s (BTC) recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors.
Also read: Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in
Bitcoin price sets the stage for next move
Bitcoin price has been hovering above the imbalance on the weekly chart, extending from $59,111 to $53,120, failing to dip into it. As mentioned in previous forecasts, this inefficient zone is key for potential buy-the-dip orders to be triggered. To make the corrective outlook more compelling, investors can observe the set of equal lows formed just above the aforementioned imbalance’s upper limit of $59,111. #BitcoinETFs #HKETF #BinanceLaunchpool #Bitcoin❗️
Hi binanc family .#alret
Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000
PREMIUM
CRYPTOS | 04/26/2024 06:54:00 GMT
You have 4 free articles left this month
UNLOCK OFFER
Bitcoin price is likely to dip into the $59,111 to $53,120 imbalance, allowing sidelined buyers to accumulate.
A bounce from this zone could propel BTC to $80,000, a new all-time high.
On-chain metrics support the short-term upswing in BTC.
Bitcoin’s (BTC) recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors.
Also read: Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in
Bitcoin price sets the stage for next move
Bitcoin price has been hovering above the imbalance on the weekly chart, extending from $59,111 to $53,120, failing to dip into it. As mentioned in previous forecasts, this inefficient zone is key for potential buy-the-dip orders to be triggered. To make the corrective outlook more compelling, investors can observe the set of equal lows formed just above the aforementioned imbalance’s upper limit of $59,111. #BitcoinETFs #HKETF #BinanceLaunchpool #Bitcoin❗️