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Pre-halving Bitcoin fractal sees price at $40,000 Bitcoin price risks continuing its bull market correction toward $40,000, according to market analyst Rekt Capital. Rekt Capital’s pessimistic forecast centers on Bitcoin’s pre-halving price trends. The analyst highlighted the current price correction and compared it to the patterns observed before the last two halvings. From a fractal analysis perspective, Bitcoin is now in a “Danger Zone,” eyeing an extended correction toward its ascending trendline support near $40,000.

Pre-halving Bitcoin fractal sees price at $40,000

Bitcoin price risks continuing its bull market correction toward $40,000, according to market analyst Rekt Capital.

Rekt Capital’s pessimistic forecast centers on Bitcoin’s pre-halving price trends. The analyst highlighted the current price correction and compared it to the patterns observed before the last two halvings. From a fractal analysis perspective, Bitcoin is now in a “Danger Zone,” eyeing an extended correction toward its ascending trendline support near $40,000.

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$ENA Finally, the ENA coin launched successfully on Binance. Everyone can see our prediction about ENA coin. The ENA coin take it's start from $0.237 and $0.840 in the first candal after that the graph is pretend to be going slightly higher. If you don't buy yet hold on just watch the market first 2 - 3 days after that jump into in it. Now it's not a good time to trade with ENA because on extra ordinary market fluctuation because of its first day. Just wait and watch the market between 2 - 3 days. #Memecoins #BinanceLaunchpool #ENA #ENALAUNCHPOOL #haroonahmadofficial
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Uzbekistan’s National Agency for Prospective Projects (NAPP) has issued a new directive that increases the monthly fees for crypto market participants in the country. The mandate was given on Tuesday, March 19, 2024.As per the official statement, the revised fee framework is an amendment to a directive initiated by the Ministry of Justice in September 2022. This change follows the NAPP’s assessment of the “adequate profitability” within the cryptocurrency retail and exchange sectors, prompting the introduction of a new fee structure impacting both entities Under the updated fee system, crypto exchanges face a monthly fee of 740 Basis Reference Value (BRV), equivalent to 251.6 million in Uzbekistan som(UZS) —the nation’s fiat currency— ($20,015), marking a substantial increase from the previous fee of 400 BRV or UZS 136 million ($10,819).The BRV is primarily used for calculating various financial transactions, including taxes, fees, and fines.
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BTC sell-off accompanied by $650 million in crypto liquidations A sharp movement in the crypto futures market appears to have been a reason for the swiftness of today’s price declines. The timing of the long liquidations coincided with the sharp drop in crypto prices Total crypto liquidations came in at $651 million in the last 24 hours, with $515 million being long liquidations. Long leverage Bitcoin liquidations quickly spiked $8 million in a span of one hour on March 19 and now stand at $141 million for the last 24 hours, with the tally still going on. Like Comment PLz
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