Bitcoin Halving is not a “Buy the rumour, Sell the news” Event. It is a change in the maths on how Bitcoin works It means fundamentally the price has to increase because miners now earn 50% less than yesterday Now miners increase hash power to make as much as they did before This increases Bitcoin mining difficulty making it more difficult to mine a block of Bitcoin This increases the cost of mining so miners again have to increase hash power It is an up only trajectory. There is absolutely no reason we will not see +$150,000 Bitcoin in the next 12 months. The maths says it is more than possible. It is probable. Combine the reduction in mining supply with the ever decreasing liquidity Bitcoin has with exchange reserves ever decreasing. We end up with a scenario called a supply squeeze. This is when there is not enough Bitcoin being emitted into the system to accommodate all demand for Bitcoin. When demand is outstripping supply and the network is growing at a faster and faster pace. This creates a scenario where Bitcoin will far surpass $100,000 per coin.
BTC.D is currently tracing a rising wedge pattern on the weekly timeframe. It has faced rejection from the trendline resistance.
The RSI indicates overbought conditions and is showing bearish divergence.
A downward movement from this point, leading to the breakdown of the rising wedge, would serve as bearish confirmation. A sustained breakdown of the rising wedge would reinforce the bearish sentiment. If both BTC and BTC.D decline, it suggests capital is exiting the market. Conversely, if BTC.D declines while BTC moves sideways or upwards, it could signal bullish prospects for altcoins....
Everyone is taking the negative side that the market will go down but the market that everyone thinks never happens..big players do this easily so that everyone is afraid that the market will go down so everyone sells your cryptos but this is a good time when everyone is negative then Whales begin to show big game✈️✈️suddenly the market goes up before everyone thought☠️☠️
Just few weeks ago Everyone want to buy different coins at lower price when all prices were high. Now all the prices are very low but everyone is in fear and don't want to buy.
Example: $VANRY was at 0.37, everyone was wishing to come low at 0.2-0.25 price so that they can buy cheaper. Now Vanry is at 0.13-0.14 but everyone is in Fear and dont want to buy or dont want to take risk. This Fomo and fear will repeat again and again.
If you are good in psychology, you are ready to print money in Financial markets.....
Last night I already said guys don't panic sell... I said it again today....It's normal to feel bad about our holding portfolio right now...But it happened every cycle ..If you can hold without panic selling and move on, one day your day will come.....
DON'T PANIC!!
If you want to avoid losing money, just hold your coins. There have been crazy crashes like this before and it always went up again. Do not trade, do not copy trade, and DONT SELL!. If you sell you lose your money. If you don't sell you have the same amount of cryptos you bought and you will have earnings in a few months. Hold on to your seats and enjoy the ride!......
$BTC $BTC ‼️‼️‼️ DON'T PANIC, WHAT'S HAPPENING RIGHT NOW IS VERY NORMAL ‼️‼️‼️ 🔽Hello folks, 🔽As you can see, the entire market is experiencing a downturn, especially BTC, and almost all markets are following suit.
There are only two reasons for this concerning today.
🔽Firstly, the tension between Iran and Israel has prompted many people to sell their assets, especially in the Middle East region. Additionally, the Bitcoin halving event is contributing to the market volatility.
🔽Historically, Bitcoin has experienced a drop of 25-40% before the halving, followed by a surge and reaching an all-time high price after the halving. Therefore, if you are already holding any coins, DO NOT SELL. Instead, wait for the surge. After the halving, everything should return to normal, and we can expect to see all coins pumping (with exceptions, of course). So, DON'T PANIC AND WAIT.
🔽In case you are considering investing, NOW IS THE RIGHT TIME to do it. However, remember that in spot trading, PATIENCE is key, and NEVER sell at a loss. HOLD and WAIT, BUY in the DIPS, and SELL with profits. That's how everything works in spot trading.
Remember, everyone's risk tolerance differs, so it's essential to choose investments wisely. Save this list for future reference and stay updated for more insights.
#Bitcoin is going up right now 📈 According to the charts, it might reach $71,000 in the next two days. If it hits $71,000 again, it could mean it will likely keep going up to between $73,000 and $78,000...but 4 to 7 days before halving btc dump🩸 expected because Because if you look at bitcoin history you will see ~5% to ~23% dump🩸 4 to 7 days before the halving date...
❤️Congratulations guys ✌️ #BTC......... I tell you guys btc bounce back from 64.6k(support level)to 68k✌️ Estimated btc hit our target 68k (now market price 67.9k) 🙏🙏If daily candle closes above 67k next target 70k-71k in next 6 to 10 days than I expect more 10% /15% dump🩸 before halving date.... I am not a financial advisor...I am sharing with you what I am doing for myself🙏You invest that money in Cryto which you do not feel sorry after losing... Cryto is highly volatile so you have to take the risk of managing your money and self study must be needed before investing....