Bitcoin Is Currently Trading At $64500 , BreakOut And Holding Above FWB:65K Will Lead To $70k Again. But BreakDown Of Current Support ( GETTEX:59K ) Will Lead To Huge Bleeding Till Major Support ($50k - GETTEX:54K ) Next 48 Hours Is Very Important , For Confirmation Of It’s Direction . So Keep Eye On It #NFA #DYOR
📊Analysis by AhmadArz: #BTCUSD By calculating the price growth in the 4-year halving time frame, we came to the conclusion that with the growth of the Bitcoin market cap, its growth will be halved and we can expect $120,000 from Bitcoin, and it is expected to grow up to 270,000 dollars in halvings. 🔗"Uncover new opportunities in the world of cryptocurrencies...
This parameters basically shows you the cash money investors holding in their pockets right now. Currently, Total Blockchain market has 2.28 Trillions of dollars inside. USDT and USDC are most commonly used stable coins if we don't include FUSD which is not going to be mentioned in this section. Let's assume that all Bitcoin investors and traders holding their...
The next hours/days are really important for BTC and the whole crypto world. Halving is just around the corner and news about the wars are moving the market. What is going to happen? As everyone should know, May is a month where usually we can expect a drop on major index (Sell in May...). This would means we could see a bearish scenario on BTC and the price could...
If you haven`t sold the Double TOP on Bitcoin: Then you need to know that tomorrow we have the Bitcoin Halving! What is a Bitcoin block halving event? Block halving events occur every four years or after 210,000 blocks on the Bitcoin blockchain. Initially, Bitcoin's block reward was 50 BTC. Presently, the block reward stands at 6.25 BTC, with the next reward...
The $59000-$61.000 range is a very good entry area before halving, but this price depends on Bitcoin Price Action (BTC) and depending on news from the war taking place in the Middle East. Here are some factors to consider: 1. BTC price action: Keep an eye on BTC price action. If BTC starts to drop, then MANTA is likely to follow. 2. Volume: Look for increased...
We can see ,the chart is forming some good patterns so I am expecting if the level 59k-58k touch then it will pump by traping short sellers with a good liquidation Also if the trap setup not play out then it will dump to 52k.
Bitcoin has been moving in an uptrend since the beginning of 2023. By looking at the current price action and using the impulse-correction-impulse concept, we can see that Bitcoin is preparing for another upside move toward 100k. Using Elliot Wave theory, we are now in wave 4 ( Correction ), and what we are expecting is wave 5 ( Impulse ). LONG Entry: - Look for...
Based on price action i have several views as follows: 1. CRYPTOCAP:BTC today is consolidating in the price range of 60k-69k which is a consolidation at the previous peak in 2021, when a breakout usually this will indicate a very strong bullish trend like the green line scenario. 2. CRYPTOCAP:BTC has some possibility of experiencing a deep decline to the...
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...
1️⃣ Below the Bitcoin price, there is an important demand zone reaching $64,000 - it is possible that from this zone there will be an increase towards the levels marked on the chart. 2️⃣ The emergency zone for possible increases is demand zone no. 2, reaching $59,000. 📈Privately, I believe that the increase may occur from zone 1, the current situation looks...
Hello dear friends, I hope you're doing well. Currently, Bitcoin is in a ascending channel. Given the ongoing conflicts like Russia-Ukraine, Israel-Hamas, and Lebanon, people's excitement for buying is natural. In my opinion, two scenarios could unfold: 1: Due to people's emotional behavior and speculative pricing, after reaching the FVG range around $73,000,...
By checking the Bitcoin chart in the weekly time frame, we can see that the price after the correction up to $64,000 went up again and increased up to $72,800! Now the price is trading in the range of $70,000 and in 7 days we will witness bitcoin halving which can cause heavy fluctuations of this cryptocurrency! We are impatiently waiting for this event! After...
As we already know, halving is approaching, so let's take a closer look at it. As we can see on the chart, the price after halving has always started to increase, but will it be the same this time? Currently, the price oscillates around $68-69,000, where a support level has formed after the declines at the beginning of the week (April 8). However, current...
BINANCE:BTCUSDT duration Halving2024 entry level(Pitchfork Trigger line):71949 Target price Daily Chart TP1:75487(5% profit) (entry level:71949 ) TP2:82282(14.5% profit) (entry level:71949 )
As we approach the impending halving event in 2024, slated to commence in a month, speculation arises regarding its potential outcomes. Historical data provides insights into recurring patterns, yet uncertainty looms regarding whether past scenarios will manifest once again. We invite your insights: Do you foresee growth or a departure from traditional trends...
KNC decentral exchange duration Halving Token with strong fundamental base entry level1(Pitchfork Trigger line):0.9310 entry level2(Triple bottom): 0.9700 Target price weekly tp1:0.9800 (entry level1:5% profit ,entry level2: 1.4% profit ) tp2:1.2513(34% profit) ,tp3 1.5110(55% profit) ,tp4 1.6903(73%)
CRYPTO:BTCUSD BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. With only 17 days left until the monumental #Halving2024 event ⏳, the anticipation within the crypto community is palpable. Bitcoin ( CRYPTOCAP:BTC ), the trailblazer of cryptocurrencies, is already trading above its All-Time High (ATH), signaling a market that is ripe with optimism. But...