Limited supply is one of bitcoin's key features. Only 21 million bitcoins will ever exist and more than 19.5 million of them have already been mined. Leaving fewer than 1.5 million left to pull from. So long as demand remains the same or climbs faster than supply, bitcoin prices should rise as halving limits output as my opinion . #bitcoinhalving $BTC
Determining the "best" coin on Binance depends on various factors such as your investment goals, risk tolerance, and market analysis. Some popular coins on Binance include Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and others. It's essential to research each coin, consider its fundamentals, technology, and potential for growth before making any investment decisions.#Memecoins $BTC $ETH $BNB
The market will definitely crash tonight or in the early morning , 65300 top crash to 60925 Sideways at 62700 during the day, and continue to crash at night Brothers, I've bet on it, borrowing money for the house and car, and all-in on my credit card, 60 times short.#BTC
$PORTAL ship 🛳️ leaving the PORT.. don’t miss 1:11 departer :)
Your decision is best ; however where everyone expects a bullish trend and where evrybody wants to beat the money: 1- you should chose a new star and new start to shine and travel there with a 🚀 2-I expect all at a sudden people holding old fashioned coins will move to new bees Make your own decision and it is probably the best
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Open Interest is stagnated For Bitcoin & bigcap altcoins: they are stuck to print big moves (big breakout or big break down) BTC daily Floor/Celling price is 5% max ETh daily Floor/Celling price is 10% max Alt daily Floor/Celling price is 30% max You can refer this data to set as targets. Scalp TP should be at 5%
$BTC Following the Bitcoin halving, which reduces the reward for miners by half approximately every four years, the immediate aftermath typically generates significant interest and speculation in the cryptocurrency market. One of the key aspects scrutinized is Bitcoin's price behavior. Historically, the halving event has been associated with both short-term volatility and long-term price appreciation. Traders and investors closely monitor any fluctuations in Bitcoin's value, often interpreting them as indicators of market sentiment and future trends.
Another important aspect affected by the halving is Bitcoin's mining ecosystem. With the reduction in block rewards, miners face decreased profitability, which can lead to changes in mining activity and network dynamics. This often results in adjustments to the mining difficulty as the network strives to maintain a stable block production rate.
Furthermore, the halving event tends to attract attention from institutional investors and mainstream media, potentially influencing broader market sentiment towards cryptocurrencies. Increased institutional interest could lead to greater adoption and investment in Bitcoin and other digital assets.
Overall, the post-halving period serves as a crucial time for evaluating the resilience and evolution of the Bitcoin network, as well as assessing its role within the broader financial landscape. #bitcoinhalving
99% of people don't know the truth about Bitcoin halving 1️⃣What is halving? The reward for miners is halved for every 210,000 blocks produced. This phenomenon occurs approximately every four years to slow down the issuance of Bitcoin until the total amount reaches 21 million. Currently, more than 19 million Bitcoins have been mined, and less than 2 million remain to be mined. This mechanism was set up by Bitcoin founder Satoshi Nakamoto to make Bitcoin more scarce and avoid flooding like traditional currencies. By 2140, the last Bitcoin will be mined, and no more will be issued after that. This may lead to a certain deflation, which will push up prices. At that time, miners can only make money from transaction fees. 2️⃣Why is halving so popular? Every halving in history has led to a surge in demand for Bitcoin, which directly drives up prices. Halving is also closely related to the bull market cycle of the digital currency market. 3️⃣Is halving always every four years? Although it is usually four years, in fact, due to fluctuations in the computing power of the Bitcoin network, this time may be different. A stronger network may delay the halving. 4️⃣Historical halvings and their impacts For example, after the halvings in 2012, 2016, and 2020, the price of Bitcoin has risen sharply and reached new highs. But the situation is different each time, and factors such as market sentiment and macroeconomic conditions will affect the price. 5️⃣Is there a risk in Bitcoin halving? Of course. Halving is usually seen as positive, but it may cause sharp market fluctuations in the short term. If market expectations are not met, the price of Bitcoin may be temporarily adjusted. 6️⃣Do Bitcoin holders need to worry about halving? Don't worry too much, this is a foreseeable event. But holders have to pay attention to possible market fluctuations before and after the halving, and make decisions based on their own risk tolerance and investment goals.
1️⃣ After the BTC halving occurred, we did not see DUMP, but the reason is clear that it was the holiday days and the movement at that time was very bad, so it is expected that we will witness a strong movement in BTC on Sunday, Monday, Tuesday, and Wednesday. Also, with Thursday, we may witness a horizontal upward movement of Bitcoin, but unless we see any breakthrough 65400, we do not try to raise the ceiling. Expectations: Therefore, expect a rise or reversal in the market
2️⃣ This does not mean that there is a certain rise. On the other hand, there are some negatives, such as the dollar’s possession of a strong rebound area, and this represents the same area that I talked about, 65400. This is the same hinge area in the dollar. There is a very great similarity with the dollar and the Bitcoin chart, from a close and very far side.
3️⃣ Does this mean that there are two possibilities that it may happen during this week? The answer is yes, there are two possibilities, the first positive and the second negative
4️⃣ The first is to break the 65,400 area and pump Bitcoin without stopping to the 80,000 and 85,000 areas, with the printing of more dollars. This gives hope for the market to rise at this time. However, we do not know if it is for Bitcoin or alternative currencies.
5️⃣ The second negative possibility is that if the ascent fails, we return to the 60,700 areas and break this area, then gradually fall to the 55,000 and 51,000 areas until we see the 46,000 and 39,000 areas. It may be rare to reach these areas, but anything is possible in the market. A BITCOIN ETF SPOT withdrawal is very likely to be a problem. With the SEC we may see a drop to these places or even lower
Embarking on the journey of trading as a novice can feel akin to navigating uncharted waters. Begin with a fervent quest for knowledge, immersing oneself in the fundamental tenets of financial markets – be it stocks, forex, or the enigmatic world of cryptocurrencies. Delve into the intricacies of risk management, crafting a meticulous trading plan that serves as a guiding beacon amidst the tumultuous seas of uncertainty. Embrace the art of practice with a demo account, honing skills and strategies before setting sail with real capital. Let each market movement be a symphony of learning, a harmonious dance between intuition and analysis. And remember, in this ever-evolving landscape, the pursuit of enlightenment is perpetual – stay vigilant, stay curious, and let the waves of knowledge carry you towards prosperity.
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Nobody listened to me when i told them to buy $ADA at $0.05… NOBODY Same thing when i told them to buy $MATIC at $0.01 before the last bullrun in 2020 Or when i bought $SOL at $3 they said it was a bad investment and too speculative. Moral of the story: don’t listen to normies. They don’t have a clue what they’re talking about & they ape shitcoins on solana and lose all their money. Right now, i’m accumulating as much $SPCT (Spectra) as i possibly can. Why? Because this is a #bitcoin layer 2 blockchain and the $BTC halving is in 2 weeks. Guess what’s about to happen? Hint: 🚀 You see what i’m trying to say? It’s as simple as that. Everything in #crypto is speculative, EVERYTHING, even bitcoin. But if you play your cards right, you have an hedge.@TradeEagle
Top 3 Coins That Could Grow 10 Times in the Bull Market
1. Solana (SOL): Even though the market is down right now, Solana is still valued at $130.87, which is 6.21% lower than yesterday. Experts think Solana could explode in value during the next bull market because it can handle lots of transactions super fast. This makes it really appealing to both developers and users. Plus, recent updates and the popularity of meme coins might boost its value even more.
2. Aptos (APT): Aptos is currently worth $9.04, down 2.84% from yesterday. Since it started, Aptos has grown a lot and hit its highest price ever at $19.90 in January 2023. Aptos uses a programming language called Move, which was made for Facebook's Libra (now Diem) project. Developers like Move because it's safe, scalable, and flexible.
3. Dogecoin (DOGE): Dogecoin, the fun cryptocurrency, could also see big growth in the next bull market. Right now, it's priced at $0.1438, down 8.88% in the last 24 hours. Dogecoin has made huge profits before, and it has a big, loyal fanbase. If famous people like Elon Musk keep supporting it, Dogecoin might get even more attention from investors, leading to more growth.
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The price of Pepe (PEPE) is $0.055982 today with a 24-hour trading volume of $614,733,687.54. This represents a 15.36% price increase in the last 24 hours and a 12.41% price increase in the past 7 days. With a circulating supply of 420 Trillion PEPE, Pepe is valued at a market cap of $2,524,307,081