Pre-Halving period Approximately 77 days remain until the Bitcoin Halving in April 2024 Historically, any deeper retraces that occur during this orange period tend to generate fantastic Return On Investment for investors in the several months after the Halving Generally, any retrace during this period likely represents one of the final bargain-buying opportunities for Bitcoin in the Pre-Halving period In fact, Bitcoin performed a -18% retrace this January already Was that the retrace that historically tends to occur during this period? In any case, there is now a rapidly shrinking 14-day window where if Bitcoin is to perform another pullback... It should do over the next two weeks, between now and the Pre-Halving rally which we'll discuss next. $BTC #Write2Earn #TrendingArticle $BTC
$RARE Triple bottom 📈 Ist low at $0.101 & bounced 30% 2nd low at $0.101 & bounced 15% 3rd low at $0.101 & Bounced ❓ ☑️A Triple Bottom is a bullish reversal chart pattern that forms after a downtrend. It signifies a potential trend reversal and a shift from a bearish sentiment to a bullish one. The pattern consists of three consecutive bottoms or lows at or near the same level, creating a distinct support area. Source : Google $RARE #Write2Earn
When’s the next crypto bull run? The answers simple. - A couple months after the Bitcoin halving. - When there’s positive market demand, ( $BTC ETF approved) - When China starts printing trillions of dollars injecting liquidity. We all have this lined up. The pump is coming within 6 months. #BullRun #Write2Earn #Halving2024 $BTC $ETH
🚨Breaking news! Authorities have seized $1.7 billion in Bitcoin (BTC) following a former restaurant worker's attempt to buy a $30 million mansion in London. Jian Wen, a British citizen of Chinese origin, was accused of assisting Zhimin Qian in laundering fraud money in China. Wen attempted to purchase luxury goods and properties in London with the BTC, but was unable to explain the origin of the funds. He now faces money laundering charges at Southwark Crown Court. Qian, on the other hand, fled the UK and remains at large. What do you think of this case? Comment below! 💬 #Write2Earn #TrendingTopic $BTC $ETH $BNB
A cross-border transaction between the United Arab Emirates and China has just occurred
A cross-border transaction between the United Arab Emirates and China has just occurred, marking a major milestone in the world of digital currency and posing a serious threat to the dollar’s long-established dominance in Asia.Fifty million dirhams and an equal number in Renminbi (RMB), totaling a substantial $13.6 million, were exchanged between the financial institutions of the UAE and China in a seamless manner via this historic transaction that used the mBridge infrastructure. This is more t
Do you know what halving $BTC is? In this post, we will explain it to you in a simplified form: "Halving" is an event that occurs periodically in the Bitcoin network, which involves halving the reward obtained by Bitcoin miners. Initially, the reward was 50 BTC per block mined, then it was reduced to 25 BTC for the first halving in 2012, then to 12.5 BTC for the second halving in 2016, and so on. The purpose of this reduction is to reduce the inflation caused by the creation of new Bitcoins over time. As the reward is reduced, the supply of new Bitcoins slowly decreases, and this usually creates excess demand for existing Bitcoins, which can cause its value to increase. For uninitiated readers, halving can be portrayed as a “mining downturn,” where it becomes more difficult for miners to obtain new bitcoins at the same speed as before. This reflects the idea of scarcity and the increasing value of Bitcoin over time.$BTC #Write2Earn #TrendingTopic