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#BitcoinHalving. $BTC
Bitcoin Will Fly 🚀🚀
Because many are afraid of Bitcoin going down.
The concept is like this
If greed is high, many people will buy and sell.
While the fear is high, many people are selling. That's the right momentum to buy. Investment is buying at a low price, selling at a high price, so don't be fomo when the price goes up. Instead be fomo when the price goes down.
You can see the graph when fear is high or neutral, bitcoin will fly up and when it is neutral, greed and extreme greed will fall
I am Bullish For Bitcoin🚀🚀
Bitcoin Will Fly 🚀🚀
Because many are afraid of Bitcoin going down.
The concept is like this
If greed is high, many people will buy and sell.
While the fear is high, many people are selling. That's the right momentum to buy. Investment is buying at a low price, selling at a high price, so don't be fomo when the price goes up. Instead be fomo when the price goes down.
You can see the graph when fear is high or neutral, bitcoin will fly up and when it is neutral, greed and extreme greed will fall
I am Bullish For Bitcoin🚀🚀
$BTC #BitcoinHalvingAlerts #Bitcoin(BTC)
Bitcoin and Ethereum ETFs could launch in Hong Kong before halving
Hong Kong is poised to approve the launch of new exchange-traded funds (ETFs) that will directly invest in Bitcoin and Ether potentially as soon as Monday. This key development, as reported by Bloomberg, involves key financial players, including an international branch of China’s Harvest Fund Management Co. and a partnership between Bosera Asset Management (International) Co. and HashKey Capital.
According to Bloomberg, the Securities and Futures Commission (SFC) of Hong Kong is to give the green light for these spot-crypto ETFs by month-end, contingent upon final arrangements with Hong Kong Exchanges & Clearing Ltd.
The anticipated approvals by the SFC are in line with Hong Kong’s efforts to position itself as a formidable hub for digital assets. The ETFs, spearheaded by prominent financial institutions including Harvest Fund Management and Bosera Asset Management, aim to replicate the booming success witnessed in the US, where spot Bitcoin ETFs have already amassed significant capital inflows.
CryptoSlate previously highlighted the progressive nature of these ETFs, noting their “in-kind creation model,” which could revolutionize the market by providing a more efficient and less risky way of managing assets. Unlike their US counterparts, this model would allow for the actual exchange of the cryptocurrencies themselves in the creation and redemption process, potentially reducing costs and improving liquidity.
Furthermore, the strategic launch of these ETFs is seen as a strategic move to capitalize on the burgeoning demand within the Asian financial markets. This comes at a time when the global acceptance of such financial products is seeing a substantial uptick, spurred by successful launches and significant inflows in the US. Since their introduction, US spot Bitcoin ETFs have seen tens of billions in net inflow, bolstering Bitcoin’s price surge.
The success of these ETFs could bring several benefits to the Hong Kong market.
Bitcoin and Ethereum ETFs could launch in Hong Kong before halving
Hong Kong is poised to approve the launch of new exchange-traded funds (ETFs) that will directly invest in Bitcoin and Ether potentially as soon as Monday. This key development, as reported by Bloomberg, involves key financial players, including an international branch of China’s Harvest Fund Management Co. and a partnership between Bosera Asset Management (International) Co. and HashKey Capital.
According to Bloomberg, the Securities and Futures Commission (SFC) of Hong Kong is to give the green light for these spot-crypto ETFs by month-end, contingent upon final arrangements with Hong Kong Exchanges & Clearing Ltd.
The anticipated approvals by the SFC are in line with Hong Kong’s efforts to position itself as a formidable hub for digital assets. The ETFs, spearheaded by prominent financial institutions including Harvest Fund Management and Bosera Asset Management, aim to replicate the booming success witnessed in the US, where spot Bitcoin ETFs have already amassed significant capital inflows.
CryptoSlate previously highlighted the progressive nature of these ETFs, noting their “in-kind creation model,” which could revolutionize the market by providing a more efficient and less risky way of managing assets. Unlike their US counterparts, this model would allow for the actual exchange of the cryptocurrencies themselves in the creation and redemption process, potentially reducing costs and improving liquidity.
Furthermore, the strategic launch of these ETFs is seen as a strategic move to capitalize on the burgeoning demand within the Asian financial markets. This comes at a time when the global acceptance of such financial products is seeing a substantial uptick, spurred by successful launches and significant inflows in the US. Since their introduction, US spot Bitcoin ETFs have seen tens of billions in net inflow, bolstering Bitcoin’s price surge.
The success of these ETFs could bring several benefits to the Hong Kong market.
$ADA $BTC $SOL #Bitcoin #cardano #Solana🚀
After $60K Crash, BTC ‘Will Continue Its Trend Higher,’ Says Mike Novogratz
Bitcoin slumped to around $60,900 from around $68K, shredding above 10.3% in the past day.
Solana, XRP, and ADA witnessed bigger losses exceeding 20%.
Mike Novogratz says after the recent risk flush, Bitcoin will continue its trend higher.
The crypto market witnessed a bloodbath in the last 24 hours, with Bitcoin slumping to around $60,900 from an intraday high of $67,900. While $7,000 BTC was ripped off by a 10.3% drop, the broader market witnessed more surprising losses.
---------
In particular, cryptocurrencies like Solana (SOL), XRP, and Cardano (ADA) have witnessed larger losses exceeding 20% as Bitcoin retested the $60K threshold. This unexpected bear market condition has sparked various speculations about the cause by the crypto community.
---------
In particular, the prevailing view suggests that the market is slumping in response to the growing global conflict, particularly between Iran and Israel. Billionaire Bitcoin investor Mike Novogratz, CEO of Galaxy, expressed this view in a recent post on X.
Post By Coin Edition
After $60K Crash, BTC ‘Will Continue Its Trend Higher,’ Says Mike Novogratz
Bitcoin slumped to around $60,900 from around $68K, shredding above 10.3% in the past day.
Solana, XRP, and ADA witnessed bigger losses exceeding 20%.
Mike Novogratz says after the recent risk flush, Bitcoin will continue its trend higher.
The crypto market witnessed a bloodbath in the last 24 hours, with Bitcoin slumping to around $60,900 from an intraday high of $67,900. While $7,000 BTC was ripped off by a 10.3% drop, the broader market witnessed more surprising losses.
---------
In particular, cryptocurrencies like Solana (SOL), XRP, and Cardano (ADA) have witnessed larger losses exceeding 20% as Bitcoin retested the $60K threshold. This unexpected bear market condition has sparked various speculations about the cause by the crypto community.
---------
In particular, the prevailing view suggests that the market is slumping in response to the growing global conflict, particularly between Iran and Israel. Billionaire Bitcoin investor Mike Novogratz, CEO of Galaxy, expressed this view in a recent post on X.
Post By Coin Edition
#Manta $MANTA
$MANTA Plunges Towards 2$ On News Iran Will Follow The Wars Taking Place In Israel And Hamas/Palistine.
I Think $MANTA Will Rise Again, Towards 3 or 4$
Because the price is discounted / very cheap, Manta is a very good project.
and Rsi shows that the price is very cheap
I'm Bullish For @Manta
Stay DYOR👍
$MANTA Plunges Towards 2$ On News Iran Will Follow The Wars Taking Place In Israel And Hamas/Palistine.
I Think $MANTA Will Rise Again, Towards 3 or 4$
Because the price is discounted / very cheap, Manta is a very good project.
and Rsi shows that the price is very cheap
I'm Bullish For @Manta
Stay DYOR👍
#ena @Ethena Labs $ENA
$ENA Fall Touching 0.9$, But That's Just the Right Time to Buy Ena Because the Price is Too Cheap, I Think Ena Will Fly Up to 1.6$, That's Not Impossible Very Very Possible Because Ena Coin is Still Very New and Trending
For me Ena Bullish 🚀
$ENA Fall Touching 0.9$, But That's Just the Right Time to Buy Ena Because the Price is Too Cheap, I Think Ena Will Fly Up to 1.6$, That's Not Impossible Very Very Possible Because Ena Coin is Still Very New and Trending
For me Ena Bullish 🚀
Bullish
73%
Bearish
27%
55 votes • Voting closed
See original
#BTC Once Bitcoin touches 73K, many will definitely sell and be exposed to liquidation
$BTC
Before the Bitcoin Halving, there will definitely be a lot of Fomo. This is normal
$BTC
Before the Bitcoin Halving, there will definitely be a lot of Fomo. This is normal
See original
Bullish
71%
Bearish
29%
243 votes • Voting closed
See original
#Manta @Manta
Manta Will Rise Approximately 30 to 40%
in the Next 20 to 30 Days
Why Mantas?
-Time Frame: 3 Hours
-There is good momentum, namely being in the support area
-Rsi shows that the price is too cheap
-----
Today, Manta is very much discussed and has become a popular coin on Binance
Buy Manta 🔥
Keep doing your own research 👍
I have absolutely no position on Manta
Manta Will Rise Approximately 30 to 40%
in the Next 20 to 30 Days
Why Mantas?
-Time Frame: 3 Hours
-There is good momentum, namely being in the support area
-Rsi shows that the price is too cheap
-----
Today, Manta is very much discussed and has become a popular coin on Binance
Buy Manta 🔥
Keep doing your own research 👍
I have absolutely no position on Manta
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BTCNear82k
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$BTC TRENDING UPWARD POSSIBLE SCENARIOS ✅📈
Bitcoin has been in a strong upward trend, reaching a high of around 81,846.71. This is a bullish sign as the price continues to make higher highs.
The level around 82,000 USDT appears to be a resistance zone, as shown by the recent peak (81,846.71), where selling pressure has emerged.
The price has a visible support around 77,000 USDT, which could act as a safety net if a pullback occurs.
RSI is currently at 82.84, which is significantly above the 70 level. This indicates that Bitcoin is in overbought territory on the 4-hour timeframe.
Overbought conditions often signal a potential price correction or consolidation period before the uptrend continues. The RSI suggests that some traders may soon take profits, leading to short-term selling pressure.
The volume has been high during the recent uptrend, which supports the strength of the movement. However, if the volume starts to decrease while the price stalls, it could indicate waning momentum.
The moving averages are likely trending upwards, indicating a bullish momentum. If the short-term moving average (e.g., MA(5)) crosses below the longer-term moving average (e.g., MA(10)), it might signal a trend reversal.
Bullish Continuation: If the price breaks above the 82,000 USDT resistance with strong volume, Bitcoin may continue its upward movement towards new highs, possibly testing the 85,000 USDT level or beyond.
Due to the overbought RSI, a short-term correction down to 77,000 USDT or even lower (around 71,500 USDT) could occur. This would allow the RSI to cool down before another upward push.
Sideways Consolidation: Bitcoin might also consolidate between 77,000 and 82,000 USDT. This would let the market digest recent gains and build strength for a potential breakout.
given the high RSI, as long as the support at 77,000 USDT holds. Traders may look to buy on dips near support levels or on a confirmed breakout above 82,000 USDT.
$BTC
#BTCNear82k #DogecoinPriceSurge #EthereumRally #DOGEArmy
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