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Here's what many don't mention about Bitcoin. In the 2017-18 correction, Bitcoin fell from $18k to $3.5k. During 2021, corrections saw it drop from $64.5k to under $30k and from $68k to $18k. By 2024, Bitcoin formed almost a triple top with no significant correction. This pattern suggests that a range of $40-45k is more likely than hitting $100k. The market often repeats the same story and hype, but eventually, institutions may withdraw their funds. So, what do you think? Will Bitcoin reach $100k or drop to $45k first? #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA $BTC
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Bitcoin price today: rebounds to $70k on spot Ether ETF speculation
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BTC Technical Analysis ‼️
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• The Beijing government published an energy saving implementation plan for 2024, in which it demanded a complete ban on cryptocurrency mining in the city, in accordance with Chinese laws (cryptocurrency mining and trading in mainland China is prohibited from 2021) Meanwhile, while the local stock market is falling for the third year, the Chinese are using gray schemes to buy BTC and other cryptocurrencies Thanks to Hong Kong's pro-crypto policies, Chinese citizens have begun using their annual USD 50,000 quota (the maximum foreign currency purchase amount) to purchase crypto in Hong Kong, despite the fact that it can or' be used for overseas travel or education #Write2Earn #TradeNTell #TrendingTopic #BTC
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Bitcoin faces ‘sell the news event’ before 2024 BTC price all-time high Bitcoin bulls will need to navigate a fresh sell-off around the halving, DecenTrader warns, arguing that BTC price action this time around will be no different than usual. #Write2Earn #TrendingTopic #BitcoinBullRally2024 #BTC #TradeNTell
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