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🚨📉 BITCOIN CASH GIVES WARNING SIGNAL AHEAD OF BTC HALVING EVENT! 🚨💥 As Bitcoin's fourth mining reward halving approaches in just eight days, the cryptocurrency market is on edge. Historically, such events have heralded bullish periods for Bitcoin, but its offshoot, #Bitcoin Cash (BCH), is painting a cautionary picture, urging traders to temper their expectations for an immediate price surge post-halving. The rally in #BCH triggered by its parent blockchain's halving of per-block coin emission to 3.125 BCH on April 4, quickly lost steam as prices retreated by 15% to $604. Adding to the concern, notional open interest in BCH perpetual futures has plummeted by a staggering 70% to $376 #million in just seven days, with funding rates turning negative, indicating a shift in sentiment towards bearishness. Algorithmic trading firm #Wintermute suggests that BCH's recent activity may foreshadow potential selling pressure for BTC post-halving. Analysts have long cautioned about a "sell the news" scenario for BTC, with JPMorgan anticipating a pullback to $42,000 once the halving hype fades. Despite BTC's current price of $70,700, representing a substantial 67% year-to-date gain, concerns linger about post-halving miner sales potentially dampening bullish momentum. Markus Thielen, founder of 10X Research, estimates that miners could liquidate $5 billion worth of BTC after the halving, potentially leading to a sideways market for several months. Will the bitcoin price skyrocket or crash after the halving event? 👇 Drop your opinion in the comments

🚨📉 BITCOIN CASH GIVES WARNING SIGNAL AHEAD OF BTC HALVING EVENT! 🚨💥

As Bitcoin's fourth mining reward halving approaches in just eight days, the cryptocurrency market is on edge. Historically, such events have heralded bullish periods for Bitcoin, but its offshoot, #Bitcoin Cash (BCH), is painting a cautionary picture, urging traders to temper their expectations for an immediate price surge post-halving.

The rally in #BCH triggered by its parent blockchain's halving of per-block coin emission to 3.125 BCH on April 4, quickly lost steam as prices retreated by 15% to $604. Adding to the concern, notional open interest in BCH perpetual futures has plummeted by a staggering 70% to $376 #million in just seven days, with funding rates turning negative, indicating a shift in sentiment towards bearishness.

Algorithmic trading firm #Wintermute suggests that BCH's recent activity may foreshadow potential selling pressure for BTC post-halving. Analysts have long cautioned about a "sell the news" scenario for BTC, with JPMorgan anticipating a pullback to $42,000 once the halving hype fades.

Despite BTC's current price of $70,700, representing a substantial 67% year-to-date gain, concerns linger about post-halving miner sales potentially dampening bullish momentum. Markus Thielen, founder of 10X Research, estimates that miners could liquidate $5 billion worth of BTC after the halving, potentially leading to a sideways market for several months.

Will the bitcoin price skyrocket or crash after the halving event?

👇 Drop your opinion in the comments

Ansvarsfriskrivning: Inkluderar åsikter från tredje part. Ingen ekonomisk rådgivning. Se användarvillkor.
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🚀🚀Hey there, BTC enthusiasts!🚀🚀 Buckle up, because we've got a wild ride to report. Bitcoin, our beloved digital gold, has taken a bit of a tumble, dropping to just above $61K. 😱 That's a 30% decline from its peak 2.5 years ago when it was worth 37 ounces of gold. But don't let the perma-bears like Peter Schiff get you down. Remember, gold's price also dropped yesterday. 📉📉 The crypto market as a whole is feeling the burn, with altcoins experiencing massive price declines. In just over 24 hours, the cumulative market cap of all crypto assets has plummeted by more than $400 billion, down to $2.350 trillion. 😰 But what's causing this crypto chaos? Well, the US Fed's recent announcement that there are no plans to lower interest rates anytime soon certainly didn't help. 😓 And then there's the rising tension between Israel and Iran. Reports of Iran preparing a counter-strike against Israel and the seizure of an Israel-linked cargo ship have sent shockwaves through the market. 🌍💥 So, it's been a bumpy ride, but hey, that's the crypto world for you! Stay tuned for more updates and remember, in BTC we trust! 🚀🚀🚀
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Upcoming three months are very important: Zero to hero and may be hero to zero: Here's what's coming: $TAO is set to skyrocket to $1600 $SAGA will surge to $320 $TNSR is aiming for $170 $W will hit $3.5 $ENA is expected to reach $121 $ETHFI will climb to $436 $BOME is projected to pump to $0.50to1 $AEVO will soar to $126 $METIS is targeting $780 $WIF will pump to $19 Note: Note: Please do your own research before making any trades for the atorementioned token outside Binance to avoid any scams. Stay tuned for more updates and must follow.
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🚫 NO IT'S NOT ISRAEL AND IRAN WAR THE REASON BEHIND THE MARKET CRASH. It's bound to crash because of these reasons 1️⃣ Historically during the #bitcoinhalving market crashes and expect more crash 2️⃣ When $BTC crashes it takes down all the alt coins $ETH $SOL 3️⃣ Staying away from future is the best decision you can opt 4️⃣ If you are in loss at the moment, hold During April end market would pump for sure and touch ATH in June and July. We already having two wars going on from last 1 year and till #BITCOIN managed to reach ATH. Do you think few missiles can crash the market.
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PEPE COIN HOLDER LOSSES LIFETIME SAVINGS OF $1 MILLION ACCUMULATED OVER THE LAST 6YRS TO PEPE COIN. After realizing that his $1 Million PEPE coin portfolio has disappeared he tried to take his own life. Before you dump your lifetime savings into any project within the crypto space please ensure that you've done your proper research and made appropriate findings about these projects. As a crypto expert and whale insider Here is what I recommend. 1. Don't invest your funds for an indefinite period of time into any project. There should be a set out target and a pull out strategy. Basically you should know when to say I'm satisfied and I'm good to leave now. Keeping your funds there indefinitely is you setting the stage for a sudden disaster to happen one day. 2. Any crypto currency that doesn't have a market Cap of upto $10 Billion is a risk you should not gamble into. They could vanish into thin air without explanation. 3. Don't invest into any crypto currency that is less than 4yrs old in the market. 50% of crypto currencies don't survive the first one year. So therefore if a project is less than one year old the chances of that project failing is very high. 4. Pay attention to the 24hr volume of the crypto currency you intend to invest in and ensure that they make a 24hr volume of a minimum of $100 Million USD over the last 3 months. 5. If your start up funds is $10,000 and below don't invest in high value coins like Bitcoin, Etherium, BNB and others because the growth rate of these cryptos are very slow and steady. Invest more with crypto who's token value is $50 and below. These low value cryptos have a high chance of multiplying rapidly I'm a whale insider and bring the best and top secret information only crypto Whales are privileged to know. follow for updates. #WIF #cpi #SHIB
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🚨Attention 🚨 🤯5 Altcoins to Buy for 10x Gains Before Bitcoin Halving🤯 Ethena (ENA)🚀 Ethena, currently priced at $1.27, has experienced a significant decrease of 9.89% over the past 24 hours. Its market cap is $1.81 billion, and it boasts an impressive trading volume of $1.55 billion. This suggests strong market confidence in the token. Over the past seven days, Ethena has gained 17.16%, while its performance over the past 30 days stands out with an 85.14% increase. The token’s consistent growth and substantial trading volume point to its potential for continued success. PAX Gold (PAXG)🚀 The current price of PAX Gold is $2,363.60 with a slight decrease of 1.35% in the past day. The market cap of PAXG is $431.70 million, and there are 182,647 PAXG in circulation Foxy (FOXY)🚀 The newly launched token Foxy started trading on April 12, 2024, with a price of $0.01887 and has demonstrated significant growth. Even though it only experienced a slight rise of 0.87% over the last day, it has generated significant market attention, boasting a trading volume of $136.94 million. Toncoin (TON)🚀 Toncoin (TON) is currently valued at $6.62 and has experienced a 7.82% drop in the past day. However, it has one of the highest market capitalizations among altcoins, standing at $22.97 billion. During the last week, Toncoin’s value has gone up by 20.62%, and in the last month, it has seen a notable increase of 55.83%. Toncoin’s circulating supply is 3.47 billion TON in total. Chintai Token (CHEX)🚀 Chintai, which is valued at $0.318, despite having experienced a significant 15.38% decline in price over the past day. CHEX has a market capitalization of $317.14 million, with 997.24 million coins in circulation. It has recorded a trading volume of 8.51 million over the past 24 hours, demonstrating a heightened trading activity #BullorBear #BinanceLaunchpool
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