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đđ"Bitcoin Can Biggest Dump of 2024" đđ
Bitcoin has experienced a significant price correction after reaching an all-time high of $73,797.68 last week, dropping below $63,000.
Analysts suggest that Bitcoin's price may not retest this year's highs for another five months, citing factors like stubbornly high inflation, slowing economic growth, and geopolitical risks.
Despite short-term volatility, many analysts remain optimistic about Bitcoin's long-term prospects.
#Bitcoinblockchain #BTCâïž #btcupdates2024 #altcoins #ETHETFS #like
đđ"Bitcoin Can Biggest Dump of 2024" đđ
Bitcoin has experienced a significant price correction after reaching an all-time high of $73,797.68 last week, dropping below $63,000.
Analysts suggest that Bitcoin's price may not retest this year's highs for another five months, citing factors like stubbornly high inflation, slowing economic growth, and geopolitical risks.
Despite short-term volatility, many analysts remain optimistic about Bitcoin's long-term prospects.
#Bitcoinblockchain #BTCâïž #btcupdates2024 #altcoins #ETHETFS #like
Today BTC 67,030 -0.16%
BTC going moon
ready to sell
#BinanceLaunchpool #Bitcoinblockchain #bpg
$BTC
BTC going moon
ready to sell
#BinanceLaunchpool #Bitcoinblockchain #bpg
$BTC
BTC Falling Wedge formation on the Daily timeframe Chart is still in play..!!
Expecting Upside Breakout next week.. âïž
#CryptoWatchMay2024 o #Bitcoinblockchain #BTCđ„đ„đ„đ„đ„
Expecting Upside Breakout next week.. âïž
#CryptoWatchMay2024 o #Bitcoinblockchain #BTCđ„đ„đ„đ„đ„
đ Seize the Opportunity: Trade $BTC and $ETH Now! đ
The market is buzzing with anticipation as Bitcoin (BTC) and Ethereum (ETH) are poised for significant price increases. đ Both have shown remarkable resilience and potential for growth. Now is the perfect time to dive into trading these leading cryptocurrencies. Enhance your investment portfolio and capitalize on the upcoming bull market. Trade smart, trade now! đŒâš #Cryptocurrency #Bitcoinblockchain #EthereumPower #cryptotradingpro #BullMarket2025
The market is buzzing with anticipation as Bitcoin (BTC) and Ethereum (ETH) are poised for significant price increases. đ Both have shown remarkable resilience and potential for growth. Now is the perfect time to dive into trading these leading cryptocurrencies. Enhance your investment portfolio and capitalize on the upcoming bull market. Trade smart, trade now! đŒâš #Cryptocurrency #Bitcoinblockchain #EthereumPower #cryptotradingpro #BullMarket2025
Bitcoin's price is approaching the critical $74,300 mark, risking a $1.4 billion short liquidation.
BTC has surged to $70,931.32, with a 5.89% increase over the past 24 hours, indicating strong bullish momentum.
Market indicators like the RSI and open interest suggest continued growth, with potential new all-time highs in sight.
#BTC #BinanceLaunchpool #btcupdates2024 #Bitcoinblockchain #Bitcoinâ $BTC
BTC has surged to $70,931.32, with a 5.89% increase over the past 24 hours, indicating strong bullish momentum.
Market indicators like the RSI and open interest suggest continued growth, with potential new all-time highs in sight.
#BTC #BinanceLaunchpool #btcupdates2024 #Bitcoinblockchain #Bitcoinâ $BTC
You buy Bitcoin đČđČđČđČđ”đ”
you think Hack Bitcoinđ”đČđČđ°đž
@Binance Announcement đ° đ€ đ€ đ€
$BTC #Bitcoinblockchain #altcoins #BinanceLaunchpool #BTC #USDT
sell and buy Bitcoin
not thinking too much đ§ @Ethereum World News
fast x x x fast đđ»đŻđŻđ
you think Hack Bitcoinđ”đČđČđ°đž
@Binance Announcement đ° đ€ đ€ đ€
$BTC #Bitcoinblockchain #altcoins #BinanceLaunchpool #BTC #USDT
sell and buy Bitcoin
not thinking too much đ§ @Ethereum World News
fast x x x fast đđ»đŻđŻđ
#notcoin
#Bitcoinblockchain
Investing in bitcoin:What to consider?
Critics say bitcoin doesn't work as a currency, citing concerns like volatility , energy⥠usage , and use in illegal activity.
Supporters argue that it's too early to make some of these claims , and that innovation is already fixing many of those concerns.
Investors should review the arguments from both sides and understand the risks specific to cryptocurrencies before considering bitcoin as an investment.
#Bitcoinblockchain
Investing in bitcoin:What to consider?
Critics say bitcoin doesn't work as a currency, citing concerns like volatility , energy⥠usage , and use in illegal activity.
Supporters argue that it's too early to make some of these claims , and that innovation is already fixing many of those concerns.
Investors should review the arguments from both sides and understand the risks specific to cryptocurrencies before considering bitcoin as an investment.
Banks are going to race to own #Bitcoinblockchain âŻâŻâŻ on their balance sheet. It is pristine collateral.
Imagine having no counter party risk and complete ability to liquidate someone at any moment in time.
Theyâre going to send us to $1M alone#BTC
Imagine having no counter party risk and complete ability to liquidate someone at any moment in time.
Theyâre going to send us to $1M alone#BTC
Will Bitcoin Prices Easily âExplodeâ Past $74,000 Or Dump Due To Miner Capitulation?
#Bitcoin price has been on a rollercoaster ride in recent weeks
Analysts Point to #Bullish Signs, highlighting a bullish indicator known as the âcup and handleâ formation on Bitcoin's weekly chart.
The âcup and handleâ formation is a technical pattern used by traders to identify potential reversals or trend continuations.
Historically, breakouts above the handle and cup rim have led to significant price rallies. If buyers push the price above the current resistance levels, particularly at $66,000 and $72,000, the breakout could be explosive, potentially propelling Bitcoin to new highs above $73,800.
Miner Capitulation Looms
Despite the optimistic outlook, there are concerns about declining on-chain activity, particularly regarding Bitcoin transaction fees. After a brief spike on Halving Day, transaction fees have been steadily declining, currently standing at $3.206 compared to over $128 in April.
This decline in transaction fees is impacting miners, who are now facing reduced revenue. With lower margins post-Halving, miners may be compelled to sell some of their $BTC to cover costs. Increased selling pressure from miners in the secondary market could drive prices lower, counteracting the bullish momentum.
#Bitcoinblockchain #BTCđ„đ„đ„đ„đ„ #BEARISHđ #BTCâïž
Analysts Point to #Bullish Signs, highlighting a bullish indicator known as the âcup and handleâ formation on Bitcoin's weekly chart.
The âcup and handleâ formation is a technical pattern used by traders to identify potential reversals or trend continuations.
Historically, breakouts above the handle and cup rim have led to significant price rallies. If buyers push the price above the current resistance levels, particularly at $66,000 and $72,000, the breakout could be explosive, potentially propelling Bitcoin to new highs above $73,800.
Miner Capitulation Looms
Despite the optimistic outlook, there are concerns about declining on-chain activity, particularly regarding Bitcoin transaction fees. After a brief spike on Halving Day, transaction fees have been steadily declining, currently standing at $3.206 compared to over $128 in April.
This decline in transaction fees is impacting miners, who are now facing reduced revenue. With lower margins post-Halving, miners may be compelled to sell some of their $BTC to cover costs. Increased selling pressure from miners in the secondary market could drive prices lower, counteracting the bullish momentum.
#Bitcoinblockchain #BTCđ„đ„đ„đ„đ„ #BEARISHđ #BTCâïž
FUN FACT: Over 900 funds disclosed exposure to spot #Bitcoinblockchain âŻETFs in Q1 đ
Whereas only 95 firms bought Gold ETFs during the first quarter.#ETHETFS #BTC $BTC
Whereas only 95 firms bought Gold ETFs during the first quarter.#ETHETFS #BTC $BTC
Jack Dorsey says Bitcoin will be worth 'at least a million' by 2030#BTC #bitcoinupdate2024 #Bitcoinblockchain #bitconiming