#比特币减半 #大盘走势 $BTC The trend and judgment are for reference only and do not constitute any investment advice.

Market summary:

Against the backdrop of the increasingly complex situation in the Middle East and the postponement of the US interest rate cut, Bitcoin ushered in its fourth halving on April 20. From 6.25 coins produced every 10 minutes, it was reduced to 3.125 coins, and the annual output was reduced from 328,000 coins to 164,000 coins. This is a far-reaching halving. As a result, Bitcoin has become the only major asset with an annual inflation rate below 1%, with an annual inflation rate of only 0.8%, which is also far lower than the 2% of gold, opening a new chapter in the Bitcoin bull market.

Although the absolute number of production cuts has decreased significantly compared to four years ago, the number of BTC on centralized exchanges that determine BTC's short-term pricing power has decreased from 3.06 million in the previous cycle to 2.29 million, resulting in an annual production cut accounting for 7% of short-term liquidity, which has not decreased proportionally compared to 10% in the previous cycle. Considering that the proportion of long-term holders has increased by 14% compared with four years ago, the deflationary impact of market supply caused by this halving is still very large. The total reduction in production in four years accounts for 28% of short-term liquidity. Considering that the number of coins held by centralized exchanges will continue to decline, this figure can actually exceed 30%. I believe that the law of ushering in a super bull market within 18 months after the halving will still reappear.

Back to last week, Bitcoin continued to adjust, falling below 60,000 to 59,600 US dollars, and reaching a high of 66,867 US dollars. It is currently fluctuating around 64,000 US dollars, with an overall amplitude of 11%. This is basically a microcosm of the past four weeks: repeated fluctuations between 60,000 and 70,000. It shows that after Bitcoin quickly created a new historical high, the adjustment momentum has not been fully digested.

Calculated at the lowest point of 60,775, BTC has dropped 19.2% from the historical high of 73,777, which is very close to the 21.2% drop from 48,000 US dollars to 38,000 US dollars on the day the ETF was passed. We believe that Bitcoin has strong support around 58,000 US dollars, and the deep shock may be coming to an end

Here are the reasons why bonk surged 43%$BONK #BONK.每日智能策略

Bonk (BONK), a dog-themed token based on the Solana blockchain, surged 43% on the back of a broad rally in meme coins and a massive treasury burn proposal totaling up to 280 billion tokens. As of writing, BONK is up 41.82% in the past 24 hours to $0.00002134 and up 35.83% in the past seven days. BONK's 24-hour trading volume increased 391% to $431.53 million in trading. BONK surged to an intraday high of $0.00002192, extending a three-day rally from a low of $0.00001357 on April 18. If it closes higher today, BONK will have its fourth consecutive day of gains. The recent surge in Bonk’s price can be attributed to several reasons, chief among which is the resurgence of the meme coin within the broader cryptocurrency market. With the renewed interest in meme coins, investors are turning their attention to projects within the Solana ecosystem, seeking opportunities to earn outsized returns. Bonk’s recent price surge may not just be due to the rise in meme coins; it may also be driven by a major proposal to destroy 280 billion BONK tokens. As the tweet states, BONK’s decentralized arm, BONK DAO, has received a proposal to destroy 280 billion BONK from its treasury. BONK DAO proposes to destroy 278,393,137,215 BONK from its treasury, which represents 100% of the BONK generated by BONK DAO since its launch in late 2023 under a revenue-sharing agreement with BONKBot.

BONKBot is Solana’s Telegram trading bot that debuted in November 2023. BONKBot charges a 1% fee on all transactions, 10% of which goes to BONK DAO.

By burning the BONK earned, BONK DAO will reduce the total supply of BONK, while acknowledging the community's desire to receive matching burns from the DAO, as BONKBot continues to do.

The Bonk community warmly welcomed the proposal, viewing burns as a positive step to stabilize the token market and promote growth. As the proposal awaits approval, anticipation fueled a buying frenzy, pushing up the price of Bonk

#$BTC #大盘走势 $ Tim Draper, an American venture capital tycoon and Bitcoin extremist (believer), said that "the price of Bitcoin (BTC) may actually reach $250,000, $1 million, $2 million, or even $10 million."

According to the cryptocurrency media UToday on the 20th, Draper said in a recent interview, "If you can directly use Bitcoin to buy food, clothes, housing, etc., and even pay taxes with Bitcoin, this is a very likely scenario."

He said that in this case, people will not want to use other currencies.

He also predicted that "the United States approved the launch of a Bitcoin spot exchange-traded fund (ETF), which is unexpected good news. Once the halving takes effect, the price of Bitcoin will soar again."

At the same time, Draper recently participated in the Paris Blockchain Week in France and predicted that due to the spot ETF and halving, the price of Bitcoin may triple to $250,000 in 2024.

Draper said, "Spot ETFs provide the opportunity to buy and hold Bitcoin (self-custody), which allows people to hedge their assets when fiat currencies such as the dollar or euro depreciate." As a currency, Bitcoin will not depreciate over time due to political emergencies or government spending. Halving will lead to a decrease in supply and an increase in demand. This is a natural economic principle."

The Bitcoin halving was completed on the 20th. According to this, the Bitcoin block mining reward was reduced from the existing 6.25 BTC to 3.125 BTC.

As of 10:25 am on the 21st (Korean time), according to CoinMarketCap, the price of each Bitcoin was US$65,018.

Know why every coin you buy is falling, and those you don't buy are rising, because the trend is an opportunity, be bolder, $SOL #sats Don't buy at the lowest point, but get on the train not at the highest point