October has given a positive signal about the existence of the Bitcoin halving that will occur next year, although a number of analytical circles have different opinions about the cause of the increase, whether it is caused by the Bitcoin ETF or other factors. However, one thing that should be noted in general is that the increase that occurred was a period of rally that occurred from conditions welcoming a bullish period from the previous lean conditions.

If we say from a historical perspective, it is clear that a bull run/bullishness will definitely occur, but of course what is interesting is how much increase will be achieved next year after the halving occurs?
This year's November is the forerunner to determine the increasing dominance of altcoins which are being targeted, because the rising price of Bitcoin will definitely have a big influence on other market conditions. It's just that when is the time, what will provide greater opportunities and is it possible to get big profits from the selection of existing altcoins that will actually provide opportunities like the success of people who have succeeded in the past.

The price rally in November will certainly happen until December. Its continuation in 2024 will determine its existence before the halving occurs. It is said to determine the price range that will be achieved and can be estimated logically, well and correctly. Although in reality Bitcoin always provides quite significant surprises, even beyond reason, after things happen.

The definite conclusion and certainty is that determining the choice, especially the existence of coins or tokens that are superior or are expected to bring great luck, is the main key for investors, large and small. Meanwhile, crypto players who just follow existing trends as usual just look, feel and smile.
Smiling in context, will crypto be able to be adopted en masse in the future?
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#etf #BTC #rally #price #market

Con la llegada de la temporada festiva, los ojos de los inversores y entusiastas de las criptomonedas se vuelven hacia el mercado, preguntándose si este año veremos un emocionante rally navideño. Reflexionemos sobre los últimos tres años y exploremos las posibles direcciones que podríamos presenciar en la última semana previa a la Navidad de 2023.
Recapitulando Tres Años de Navidad Cripto: 2020, 2021 y 2022
En el 2020, Bitcoin experimentó un extraordinario rally navideño, elevándose de 19,000 a 24,000 dólares en la semana previa a Navidad. Superó la resistencia psicológica de los 20,000 dólares y culminó el año alcanzando un impresionante valor cercano a los 30,000 dólares.
El 2021, por otro lado, presenció un máximo histórico en noviembre, superando los 68,900 dólares. Sin embargo, para la temporada navideña, sufrió una corrección del 25% desde su punto más alto.
En contraste, el 2022 fue un año más tranquilo para las #cryptocurrency durante las festividades. Bitcoin se cotizaba alrededor de 16,750 dólares, experimentando un estancamiento con baja volatilidad y escaso interés.
¿Qué nos Reserva la Última Semana Previo a Navidad en 2023?
A medida que nos adentramos en la última semana previa a Navidad de 2023, la incertidumbre y la emoción flotan en el aire. Tradicionalmente, los mercados tienden a calmarse durante la temporada navideña, pero las criptomonedas, siempre impredecibles, pueden desafiar esta tendencia.
La anticipación de la posible aprobación de varios #ETF al contado de Bitcoin en enero de 2024 (o incluso marzo) añade una capa adicional de intriga al panorama. En este contexto, el análisis de los retornos mensuales de Bitcoin revela la variabilidad de diciembre en términos de crecimiento o caída de precios.
En la actualidad, el precio de #Bitcoin se sitúa alrededor de los 42,000 dólares, mientras que otras criptomonedas muestran un estancamiento en sus valores. La pregunta que resuena en la mente de los inversores es si Bitcoin mantendrá su tendencia alcista o, al menos, el soporte por encima de los 42,000 dólares.
¿Podríamos estar al borde de una temporada de #altcoins emocionante? La posibilidad de una corrección no puede descartarse, ya que el mercado cripto siempre mantiene su capacidad de sorprender.
En conclusión, la última semana previa a Navidad en 2023 promete ser un período emocionante y lleno de posibilidades para el mercado de criptomonedas. Manténganse atentos a las tendencias, prepárense para la volatilidad y ¡que los sueños de un #rally navideño se hagan realidad para todos los entusiastas de las criptomonedas!

DYOR and like for more! 👍

$BTC $ETH $BNB

Don't Panic! 🚀📉
It's perfectly normal to see corrections of 30-40% during a bull run. 🌊 The full effect of the Bitcoin halving often becomes evident a few months after the event, and that's when prices usually surge. Patience is key here. Under no circumstances should you sell your coins at a loss – that would be extremely unwise and naive. 😬
I understand it's painful to watch your money melt away, but now is the time to turn off your emotions. The fear of losing everything is understandable, but the real loser is the one who sells now. 😤
Keeping an Eye on the Bitcoin Price 🪙📊
Let's look at the current Bitcoin price:

As you can see in the chart, Bitcoin has dropped by -27.5% from its last all-time high. This is completely normal. (circled in red.)

Now, let's examine the Bitcoin price from 2016 to 2018:

During the Bitcoin rally from 2016 to 2018, there were exactly 7 major crashes ranging from 27% to 41%. This shows that such market movements are entirely typical. 📉🔄
Impact on Other Coins 🪙⚖️
Of course, a Bitcoin crash significantly affects other coins. For example, Floki has lost a lot of value compared to Bitcoin. But don't worry, Floki gains immense value compared to Bitcoin every time the market goes up again. 🐶📈
So, stay calm and don't sell at a loss. Be strong and patient. 💪🕰️ The market will recover. Panic only leads to poor decisions.
Hang in there and trust in the long-term strength of the market. 🌐🚀

#Bitcoin #Floki #crashed #halving #rally $BTC $FLOKI