Brother's and sister's it's time to analyze bitcoin!
I think if bitcoin will cross 100k it's a bullish sign and it will go upto ๐ 110k and if it will not go up and a downtrend happens it will go down to 90k or maybe 84k cause it's become a head and shoulder pattern.
Reason why i think this!
In 100k there's a resistance level if it will break then every body knows what happens bitcoin will pump๐ but if it is not break then it's become a head and shoulder pattern and if this happen bitcoin will go downโคต๏ธ and please don't take it seriously it's just an opinion. Let me know in the comment what you guys think. Thanks for reading follow me if you guys think I'm right.$BTC
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๐ Crypto Fun Fact: The FBI ๐ต๏ธโโ๏ธ owns one of the largest Bitcoin wallets in the world! This happened after they seized over 144,000 BTC during the shutdown of Silk Road, an online black market ๐.
With Bitcoin's skyrocketing value ๐, the seized stash is worth billions ๐ฐ, making the FBI an accidental crypto whale ๐! Itโs a wild twist for law enforcement in the world of digital currencies.
๐คฃ Crypto Fun Fact: In 2013, a man accidentally threw away a hard drive containing 7,500 Bitcoin ๐พ, worth over $200 million today! He's been trying to dig it up from a landfill ever since ๐๏ธ๐.
#BinanceAlphaAlert ๐ Crypto Fact: Bitcoin's total supply is capped at 21 million coins ๐ช, ensuring scarcity. As of now, over 19 million BTC have already been mined โ๏ธ. The last Bitcoin will likely be mined around the year 2140! โณ
#whoisVitalikbuterin Vitalik Buterin is a Russian-Canadian programmer and the genius ๐ง behind Ethereum, a groundbreaking blockchain platform launched in 2015. Born in 1994, Vitalik envisioned Ethereum as more than just a cryptocurrencyโit introduced smart contracts ๐ค and decentralized applications, transforming industries globally ๐. A prolific writer and thinker, heโs known for his dedication to decentralization and innovation ๐. At just 19, he became a crypto pioneer, shaping the future of blockchain technology ๐.
๐ป Crypto Fact: Did you know Ethereum was co-founded by Vitalik Buterin when he was just 19 years old? ๐ It introduced smart contracts ๐ง , revolutionizing blockchain technology and paving the way for decentralized apps (dApps) ๐.
๐ Crypto Fact: The first-ever real-world Bitcoin (BTC) transaction was for two pizzas ๐๐ on May 22, 2010, costing 10,000 BTC! Today, that amount would be worth millions ๐ธโmaking it the most expensive pizza purchase in history. ๐ Follow for more facts.
In recent days, on-chain funds have been active, and AI projects are flourishing. However, one must be cautious of risks when participating. Last night, the no-code AI project KEEEPER was rug pulled. Under the leadership of AI16Z, projects like ALCH, SWARMS, ELIZA, and ZEREBRO have surged, with the AI valuation ceiling opened by AI16Z Virtual. The market will readjust valuations in the future, potentially higher. Today's new meme on-chain is again related to Musk! The X that Musk pinned supports TOMMY, but it is still in the PVP phase, and whether it can make it out is uncertain. Keep an eye on the on-chain trading volume to see which is the most popular. Currently, after Musk changed the name of X from "Kekius Maximus" back to "Elon Musk," related memes have plummeted. This type of meme will struggle to sustain if there is no follow-up, and it will come down to who runs faster!!!
$BNB ๐ฅ Why BNB is the Heartbeat of Binance ๐ฅ BNB (Binance Coin) isnโt just another cryptocurrency; itโs the fuel that powers the entire Binance ecosystem. From reducing trading fees to unlocking exclusive benefits, BNB is designed to bring unparalleled value to its holders. Hereโs why BNB remains a game-changer: ๐น Reduced Trading Fees: By paying fees with BNB, users save up to 25% on trading costs. ๐น Launchpad Access: BNB holders gain priority access to promising new projects on Binance Launchpad, giving them a chance to invest early in groundbreaking innovations. ๐น Cross-Chain Utility: BNB is more than just a token; it powers the BNB Chain (formerly Binance Smart Chain), enabling decentralized applications, NFTs, and DeFi projects to thrive. ๐น Global Adoption: With growing use cases, from travel to shopping, BNB is accepted by numerous platforms worldwide, making it a truly versatile asset. ๐น Burn Mechanism: Binance consistently reduces the circulating supply of BNB through regular burns, increasing its scarcity and long-term value. As the Binance ecosystem expands, so does the utility and potential of BNB. Whether youโre trading, investing, or building in the crypto space, BNB is your gateway to limitless possibilities. ๐ Are you ready to unleash the power of BNB?
#MarketRebound $BNB (Binance Coin) is a type of digital currency (cryptocurrency) developed by the Binance exchange. Below is the main information about BNB: # Characteristics 1. Fast transaction speed (about 1-2 seconds). 2. Low transaction fees. 3. Total supply is 1 billion BNB. 4. Used to pay transaction fees on the Binance exchange. 5. Can be used to purchase goods and services. # Uses 1. Pay transaction fees on Binance. 2. Purchase goods and services. 3. Investment. 4. International payments. 5. Used in decentralized applications (dApps). # Advantages 1. Fast transaction speed. 2. Low fees. 3. Ensures safety. 4. Suitable for international payments. 5. Supported by the Binance exchange. # Disadvantages 1. Price volatility. 2. Investment risks. 3. Not as widely accepted as Bitcoin. 4. May be affected by legal regulations. # How to buy and store 1. Buy on the Binance exchange. 2. Store in a Binance wallet. 3. Use hardware wallets like Ledger or Trezor. 4. Store in electronic wallets like MetaMask. # Notes 1. Investing in cryptocurrency carries risks. 2. Research thoroughly before investing. 3. Manage risks. 4. Keep track of news and updates
#ChristmasMarketAnalysis History doesn't repeat itself, but it does rhyme. Christmas is coming, and the New Year of 2025 is approaching. Christmas, New Year, Trump's inauguration, Bitcoin's half-year reduction... With these buffs, Bitcoin may be expected to end the adjustment and return to the upward track again. Christmas is coming, is the crypto market correction over? The Federal Reserve announced a rate cut last week and lowered the possibility of further rate cuts, leading to a global market collapse. Bitcoin fell from its historical high of 108,000 to around 90,000 US dollars in just a few days. Altcoin were in a bloodbath, and some tokens lost all their gains during the bull market. Matt Hougan, chief investment officer at Bitwise Asset Management, attributed the recent crypto market pullback to a โnatural unwinding of leverage,โ and stressed that โthe long-term drivers remain intact and we are still in a strong bull market.โ This pullback caused a large-scale liquidation and reduced market leverage. At the same time, Christmas will come this week, and the global market may usher in a "Christmas rally". The "Christmas rally" refers to the last five trading days of the year and the first two trading days of the New Year. Historically, the US stock market has a positive trend in these seven days. Bitcoin is currently greatly affected by the trend of US stocks and gold. If the stock market is doing well, this may drive the sentiment of the crypto market up. Historically, Bitcoin has often surged during and after the โhalf-yearโ Christmas season, such as in 2016 and 2020. This increases expectations that Bitcoin will surge in the short term
Did you notice that each time $BTC lost around 80% of its worth after a successful bull run. So after this bull run, BTC might drop to somewhere around $40k. To touch $120k, BTC is first heading towards a support of $85k. Stop buying for now, and fill pockets around $85k. #NewToCrypto #newtobinancesquare #BTCNextMove