The recent sideways movement in the Bitcoin market has many investors wondering when the next bull run will begin. Blockchain intelligence firm Santiment suggests a specific metric to watch: the Mean Dollar Invested Age (MDIA). Understanding MDIA: The MDIA tracks the average age of investments in Bitcoin held within the same wallet addresses. When the MDIA...
The recent plunge in Bitcoin's ( CRYPTOCAP:BTC ) price to $65,000 has sent shockwaves through the cryptocurrency market, causing significant losses for altcoins like Ethereum ( CRYPTOCAP:ETH ). This unexpected downturn, just seven days before the highly anticipated CRYPTOCAP:BTC halving, has left many traders reeling and triggered over $880 million in total...
After a Bitcoin halving event, several trends typically occur: 1. Supply Reduction: The most immediate impact is a reduction in the rate of new Bitcoin creation. Halving cuts the reward miners receive for validating transactions in half, reducing the rate of Bitcoin creation. This is intended to control inflation and ultimately limit the total supply of Bitcoin...
Not financial advice. 🔥The next bitcoin target gonna be 85K. 🔥 Your choice 🤑
Technical Analysis and Outlook: This week's trading session Bitcoin completed the forthcoming Inner Coin Rally 72500, and as expected, the coin retraced to our designated Mean Sup 65600. Bitcoin is in the process of rebounding back to the 72500 scene of crime. On the downside, the market potential decline may occur, resulting in Bitcoin falling to Key Sup 61300...
Bitcoin 4h chart forms a usual falling wedge pattern, it's more likely to hit ATH again around 85k before it makes a new consolidation targetting 100k price Crypto fear & greed index currently at 72, worst-case scenario is a pullback to lower prices around 55k
With Bitcoin's fourth mining reward halving just days away, all eyes are on the leading cryptocurrency. However, a recent price slump in Bitcoin Cash (BCH), a derivative of Bitcoin, is sending a potential warning sign to Bitcoin traders. Understanding the Halving Bitcoin's mining reward halving is a pre-programmed event that occurs roughly every four years. It...
Rumor Bitcoin and ETH ETF in Hongkong will approve in Monday and securities will start trading in the next 1 week What do you think? ETF will make pushing higher or dump consider ETH ETF also rumored will approve in Hongkong
Hello traders, I offer you the chart of daily DASH/USDT with the chart on 3-day basis heatmap of liquidations of leveraged positions. We will use this chart to structure an unleveraged long trade and go to buy in the green zone using 4/10 of the available equity accumulating to the red zone. The short-term target is above US$60. Stop loss under US$22. In the...
Salut l'équipe ! Aller hop TP1 sur les 38.2 de fibo pris 25% TP SL a BE ! ENJOY
Salut à tous ! Le plan suit son cours, aujourd'hui nous avons eu les chiffres de l'IPC aux US meilleurs qu'attendu, du coup le dollar est bullish et donc BTC est bearish à court terme bien entendu ! Bref, ma vision reste la même sur cet actif ! Faites gaffe à vous !
We are at the most important time bullran of Bitcoin and crypto market. We have now reached the bottom of the descending channel and the most important Tether trend line (we were with this trend line from December 2017 to November 2021). If the bottom of the channel breaks and reaches the trend, Dominance Tether will fall by 11% and a strong fomo will form,...
Bico bull run for this week already prepared. Wait for another 300-500%
The cryptocurrency trend was positive over the past 24 hours ahead of Bitcoin’s halving next week and despite the release of higher-than-expected US inflation data that initially pushed prices lower. “Whether the Fed cut rates 25bps in June or not isn't the long-term driver of bitcoin prices right now. It's a marginal factor. ETF flows + rising deficits matter...
U can see in LTF (4H chart) how the price respect and reacted with 0.786 fib resistance , POC line and the upper side of the symmetrical triangle Those 3 levels are gathering in a green rectangular which we called "confluence zone" U can see many times of breakout this green rectangular ... always with huge candle..( Check it i highlighted with red...
everything is like previous bullrun just here we are more smooth going to up side not finanial advice ! it was very interesting for me
Bitcoin has been on an absolute tear for the past few months, and its run from 27K to 70K+ was one with no major corrections, which is something to be cautious of. If you study the charts, you'll see that BTC generally sells off for a period after the halving (buy the rumor, sell the news) at its finest. I think we are going to see a sell-off shortly after the...
Simple channels have formed, while volume is down, we are in a short term correction and looking at good buy points to take long.