🚀 Join the #BAKEUSD Token Rally: Anticipating Price Surge! 🚀"
Hey crypto enthusiasts! 🌐✨
Exciting times ahead as I'm gearing up for a potential # token pump! 📈🚀 Currently sitting at $0.6330, I'm optimistic about its upward trajectory.
🎯 **Targets:** 1. **$0.70:** 🚀 Ready to break through the first resistance! 2. **$0.75:** 🌟 Momentum building, aiming for the next milestone! 3. **$0.90:** 🚀 To the moon! The ultimate goal in sight!
Why am I bullish? 🐂 - 🔄 Strong market sentiment - 📈 Technical analysis signals upward movement - 🚀 Potential for positive news catalysts
Of course, always do your own research and consider your risk tolerance. Exciting times lie ahead—let's ride the BAKE wave together! 🌊💰
DO NOT ENTER IN POSITIONS RIGHT NOW $BTC has experienced some sort of difficulties to bypass $69k and I smell the downtrend to correct a little bit right now. My point of view: if it couldn't break $69k within hours it will Go back to $58k Please Be Careful. Best wishes. #TrendingTopic #ETH #Bitcoin #Write2Eam
Bitcoin is in a bit of a tricky spot. Different charts show different things. The short-term one-hour chart hints at a possible drop to around $50,000.
But the longer four-hour chart suggests the price might stay steady or even go up. And if we look at the weekly chart, it seems like Bitcoin could aim for around $60,000.
So, while there might be a small dip coming, overall, Bitcoin might keep going up. Just remember, the market can be unpredictable, so it's smart to do your own research and stay cautious.
Bitcoin Price Nears $50,000 Milestone Again With 91% Of Addresses… NewsBTC Bitcoin Price Nears $50,000 Milestone Again With 91% Of Addresses Now In Profit.
BTCUSD +0.64% Bitcoin is edging closer to the $50,000 mark after a week of extreme bullish price action, a level not seen since December 2021. Amidst this price surge, the number of Bitcoin addresses in profit has now crossed over 90%.
According to data from IntoTheBlock, 91% of Bitcoin addresses are currently profitable. This means the vast majority of holders and investors have an incentive to continue holding, particularly as the next halving for Bitcoin miners approaches.
91% Of Bitcoin Addresses Now In Profit As Price Nears $50,000
Bitcoin has had an eventful week in terms of price action. The world’s largest crypto recently grew by 14.4% to reach $48,500 on February 11, its highest point in 26 months. This price spike, although highly welcome, seemed to have taken most investors by surprise considering it was coming off four weeks of unimpressive action after the debut of spot Bitcoin ETFs in the US.
Notably, IntoTheBlock’s “Global In/Out of the Money” profitability metric shows that the total number of addresses in profit is now at 46.87 million addresses, representing 90.53% of the total addresses. At the same time, 3.44 million addresses representing 6.64% are still posting losses, while 1.46 million addresses representing 2.83% of the total addresses are at the money or break-even point.
Similarly, IntoTheBlock’s “In/Out of the Money Around Price” metric which follows addresses that bought between $40,919.92 and $55,413.77, shows that a majority (83.17%) of addresses are in profit. This is a hugely bullish signal and shows that the majority of Bitcoin holders are well in the money. As the price continues climbing as the crypto approaches the $50,000 mark, more and more addresses are likely to move into profit. #BTC/USDC #BTCAlert #BTCI/USDT
Bitcoin's current price position is undeniably critical, teetering on the edge of either a breakthrough or a potential double top formation if it fails to breach the $49,000 mark. However, my inclination leans towards Bitcoin shattering the $49,000 barrier, buoyed by the swift and robust momentum it has exhibited. Moreover, considering the prevailing upward trend, characterized by the adage "the trend is your friend," the odds seem to favor a continuation of the bullish trajectory. As we navigate this pivotal juncture, staying attuned to market dynamics and trends will be paramount in shaping our outlook and strategies in the ever-evolving crypto landscape.#BitcoinPrice2024 rice #CryptoMarket #BullishTrend #MarketAnalysis" s #BitcoinBonds reakout #CryptoCommunity #MarketTrends #FinancialForecast #BitcoinABC nalysis #CryptocurrencyInvesting
#🚀 Exciting times in the crypto world! Bitcoin is on its longest winning streak since 2023, soaring to $48,694, fueled by optimism surrounding the upcoming halving event in April 2024. With miner rewards set to halve, the supply crunch could propel Bitcoin's price even higher.
Adding to the frenzy, nine new spot Bitcoin ETFs launched in the US on Jan 11, drawing in a whopping $9 billion in investments. It's a clear sign of growing institutional interest in cryptocurrencies.
But it's not just Bitcoin stealing the spotlight; Ethereum, Solana, and Chainlink are also experiencing gains today, reflecting the broader bullish sentiment in the market.
What are your predictions for the crypto market in 2024? Share your thoughts below! Whether you're hodling, trading, or just observing, we'd love to hear your insights. Let's discuss the future of crypto together! 🌟 #BTCBefore2025 #BTC; #52k
🚀 Exciting times in the crypto world! Bitcoin is on its longest winning streak since 2023, soaring to $48,694, fueled by optimism surrounding the upcoming halving event in April 2024. With miner rewards set to halve, the supply crunch could propel Bitcoin's price even higher.
Adding to the frenzy, nine new spot Bitcoin ETFs launched in the US on Jan 11, drawing in a whopping $9 billion in investments. It's a clear sign of growing institutional interest in cryptocurrencies.
But it's not just Bitcoin stealing the spotlight; Ethereum, Solana, and Chainlink are also experiencing gains today, reflecting the broader bullish sentiment in the market.
What are your predictions for the crypto market in 2024? Share your thoughts below! Whether you're hodling, trading, or just observing, we'd love to hear your insights. Let's discuss the future of crypto together! 🌟