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Why I think Bitcoin ($BTC ) Halving will lead to an increase in price:
When Bitcoin halving occurs, the rate at which more bitcoins are added to circulation (Bitcoin supply) is halved (divided into two), leaving the demand constant or continually increasing.
And when this happens, scarcity follows. When there's scarcity, Bitcoin becomes more valuable, leading to an increase in price.
If you don't understand how the halving works or the reason for it, check out this article.
#ozuru #BTCHALVING #BTCHALVING #BTCHALIVING
When Bitcoin halving occurs, the rate at which more bitcoins are added to circulation (Bitcoin supply) is halved (divided into two), leaving the demand constant or continually increasing.
And when this happens, scarcity follows. When there's scarcity, Bitcoin becomes more valuable, leading to an increase in price.
If you don't understand how the halving works or the reason for it, check out this article.
#ozuru #BTCHALVING #BTCHALVING #BTCHALIVING
LIVE
Binance Square Official
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Predict the price of BTC at 20th April 00:00 (UTC+0) to win up to $10000 of SATS token rewards!
To mark this milestone of Bitcoin Halving, all verified users can complete specific tasks on Binance Square during the Activity Period, and qualify for up to $10,000 of SATS token voucher reward.  Activity Period: 2024-03-04 09:00 (UTC) to 2024-04-14 09:00 (UTC)All KYC-verified Binance users who log into their Binance accounts and complete the following tasks during the Activity Period will qualify for the $10,000 of SATS reward. Tasks: Comment your prediction for the price of BTC on 20th April 00:00 (UTC+0) on this post. Share this post on your social media and #HalvingHorizonsThe user with the closest prediction will win $5000. If more than one user shares the same prediction, youâll share the price pool. AndIf you correctly guessed the price and signed up for a Binance account during the activity period through the shared link of this post or the Binance Square referral link, you can unlock a share of extra $2000 price poolAndIf you correctly guessed the price and completed at least 10 trades during the activity period, you will unlock a share of the extra $3000 price poolEach user can only submit 1 entry. Terms & ConditionsThis activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify.The $10,000 of SATS token voucher rewards pool will be divided equally among all qualified users.Winners will be notified via a push notification under Creator Center > Square Assistant. Voucher rewards will be distributed within 21 working days after the activity ends. Users may check their voucher rewards via Profile > Rewards Hub. The validity period for the voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a userâs eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.Â
Basic Note: if$BTC goes up đșïž then all others start to go up đșïž
đ #BTCHALIVING #BTCđ„đ„đ„đ„ #HotTrends
đ #BTCHALIVING #BTCđ„đ„đ„đ„ #HotTrends
ONLY 243 blocks left for Bitcoin halving.
halving date 20 April .
I exited for upcoming Bull Run. đ
fill your bags now âïžâïž
#BTCHALIVING
halving date 20 April .
I exited for upcoming Bull Run. đ
fill your bags now âïžâïž
#BTCHALIVING
$BTC #BTC đ„đ„đ„đ„đ„đ„
#BTCHALIVING
#Bitcoin
After halving, bullish green arrows
wait patiently
#BTCHALIVING
#Bitcoin
After halving, bullish green arrows
wait patiently
$BTC #Write2Earn #BTC⏠#BTCHALIVING #btcupdates
BTC is showing some great comeback as i have told all of you that it will not dump to 48k .
We have experienced a little dip which i called turbulence and look now we are out of it with much better position and confidence.
We can expect btc to Pump sooner and cross 53k border in this coming week.
This is based on careful research and analysis including market trends and current pattern.
Our signals are truly profitable and we are developing a compensation phase to make them 99.9% profitable and useful.
Tip me if you want to appreciate my efforts and follow me to get the latest updates and free trade signals.
Lets Grow Together đ„
BTC is showing some great comeback as i have told all of you that it will not dump to 48k .
We have experienced a little dip which i called turbulence and look now we are out of it with much better position and confidence.
We can expect btc to Pump sooner and cross 53k border in this coming week.
This is based on careful research and analysis including market trends and current pattern.
Our signals are truly profitable and we are developing a compensation phase to make them 99.9% profitable and useful.
Tip me if you want to appreciate my efforts and follow me to get the latest updates and free trade signals.
Lets Grow Together đ„
BTCUSDT 1-Day Candlestick Chart Analysis (April 21, 2024)
Overview:
Price: 64,950 USDT
Change: 0.01% (Past 24 hours)
Volume: 10.805K BTC (Past 24 hours)
Market Sentiment: Neutral
Technical Indicators:
Moving Averages:
MA(7): 63,667.06 USDT
MA(25): 67,236.43 USDT
MA(99): 57,513.06 USDT
Bollinger Bands:
Upper Band: 73,777.00 USDT
Lower Band: 57,000.00 USDT
Relative Strength Index (RSI): 49.62 (Neutral)
Stochastics:
%K: 49.72 (Neutral)
%D: 48.19 (Neutral)
Analysis:
BTCUSDT is trading in a sideways trend on the 1-day candlestick chart. The price is currently trading at a horizontal support level of 64,950 USDT. A break below this level could see the price fall to 57,000 USDT. Conversely, a move above this level could see the price rise to 73,777 USDT.
Note:
This analysis is for informational purposes only and should not be interpreted as investment advice. It is important to do your own research and consult with a financial advisor before making any investment decisions.
I hope this analysis is helpful.
Please do not forget to subscribe and do not miss the latest analysis.
$BTC #BTCHALIVING #btc #BTCđ„đ„đ„đ„đ„đ„ #BTCHalvingApril2024
Price: 64,950 USDT
Change: 0.01% (Past 24 hours)
Volume: 10.805K BTC (Past 24 hours)
Market Sentiment: Neutral
Technical Indicators:
Moving Averages:
MA(7): 63,667.06 USDT
MA(25): 67,236.43 USDT
MA(99): 57,513.06 USDT
Bollinger Bands:
Upper Band: 73,777.00 USDT
Lower Band: 57,000.00 USDT
Relative Strength Index (RSI): 49.62 (Neutral)
Stochastics:
%K: 49.72 (Neutral)
%D: 48.19 (Neutral)
Analysis:
BTCUSDT is trading in a sideways trend on the 1-day candlestick chart. The price is currently trading at a horizontal support level of 64,950 USDT. A break below this level could see the price fall to 57,000 USDT. Conversely, a move above this level could see the price rise to 73,777 USDT.
Note:
This analysis is for informational purposes only and should not be interpreted as investment advice. It is important to do your own research and consult with a financial advisor before making any investment decisions.
I hope this analysis is helpful.
Please do not forget to subscribe and do not miss the latest analysis.
$BTC #BTCHALIVING #btc #BTCđ„đ„đ„đ„đ„đ„ #BTCHalvingApril2024
$BTC
How are you all traders? ? ? ? ?
How much you earn profit or loss from BTC? ? ? ? ?
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BTC is ready for PUMPâ€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„
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How are you all traders? ? ? ? ?
How much you earn profit or loss from BTC? ? ? ? ?
đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©¶đ©¶đ©¶đ©¶đ©¶đ©¶đ©¶đ©¶đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©”đ©¶
BTC is ready for PUMPâ€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„â€ïžâđ„
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PRE-HALVING CORRECTION LOOMS ON BTC,,
The upcoming halving event scheduled for April, combined with historical patterns, suggests that Bitcoin may experience one final correction before the bull run resumes, presenting a crucial moment for investors.
Crypto analyst Rekt Capital emphasizes the significance of a pre-halving retrace, noting that historically, it tends to occur only a few weeks before the actual halving event.
Looking back at previous halvings, such retracements have ranged from -38% in 2016 to -20% in 2020. Based on these patterns, a retracement of around 27% is possible in the current market scenario.
If a retracement of this magnitude were to occur, it would place the Bitcoin price at approximately $37,900, as indicated in Rekt Capitalâs pre-halving retrace chart. This level represents an important threshold for investors to accumulate the cryptocurrency before the next phase of the halving event and the anticipated bull run rally.
KEY TARGET AREAS
Bitcoinâs continued rise has brought its price to a critical juncture, with the current trading level of $52,100 catching the attention of the founders of blockchain data and intelligence platform Glassnode.
According to their analysis, historical data reveals that the $52,000 level has acted as a formidable resistance point on the weekly chart, making it a crucial threshold for Bitcoinâs trajectory.
The platformâs founders suggest that a successful breach of this level could trigger a surge of buying pressure, potentially leading to a Fear of Missing Out (FOMO) scenario among investors
Overall, the future direction of BTC price remains uncertain, leaving investors to ponder whether the current uptrend will be sustained or if a potential pre-halving retrace will occur before resuming its upward trajectory to surpass its previous all-time high and reach the coveted $100,000 level.
#Write2Earn #BTCHALIVING
The upcoming halving event scheduled for April, combined with historical patterns, suggests that Bitcoin may experience one final correction before the bull run resumes, presenting a crucial moment for investors.
Crypto analyst Rekt Capital emphasizes the significance of a pre-halving retrace, noting that historically, it tends to occur only a few weeks before the actual halving event.
Looking back at previous halvings, such retracements have ranged from -38% in 2016 to -20% in 2020. Based on these patterns, a retracement of around 27% is possible in the current market scenario.
If a retracement of this magnitude were to occur, it would place the Bitcoin price at approximately $37,900, as indicated in Rekt Capitalâs pre-halving retrace chart. This level represents an important threshold for investors to accumulate the cryptocurrency before the next phase of the halving event and the anticipated bull run rally.
KEY TARGET AREAS
Bitcoinâs continued rise has brought its price to a critical juncture, with the current trading level of $52,100 catching the attention of the founders of blockchain data and intelligence platform Glassnode.
According to their analysis, historical data reveals that the $52,000 level has acted as a formidable resistance point on the weekly chart, making it a crucial threshold for Bitcoinâs trajectory.
The platformâs founders suggest that a successful breach of this level could trigger a surge of buying pressure, potentially leading to a Fear of Missing Out (FOMO) scenario among investors
Overall, the future direction of BTC price remains uncertain, leaving investors to ponder whether the current uptrend will be sustained or if a potential pre-halving retrace will occur before resuming its upward trajectory to surpass its previous all-time high and reach the coveted $100,000 level.
#Write2Earn #BTCHALIVING
Understanding Bitcoin Halving: A Definitive Guide
Bitcoin Halving: What Is It?
Bitcoin halving is an event programmed into the Bitcoin protocol that occurs approximately every four years. During this event, the reward that miners receive for confirming transactions and adding them to the blockchain is halved. This process is built into the Bitcoin code to control the supply of Bitcoin and maintain its scarcity over time.
The Purpose of Bitcoin Halving
The primary purpose of Bitcoin halving is to control inflation and ensure that new Bitcoins are gradually introduced into circulation. By halving the block reward, Bitcoin's rate of issuance decreases, leading to a predictable and diminishing supply of new coins. This scarcity is one of the key features that distinguishes Bitcoin from traditional fiat currencies.
The Impact on Bitcoin's Price
Historically, Bitcoin halving events have been associated with significant increases in the price of Bitcoin. The logic behind this is simple: as the rate of new supply decreases, if demand remains constant or increases, the price should rise to reflect the reduced availability of coins. However, it's essential to note that past performance is not indicative of future results, and various factors can influence Bitcoin's price dynamics.
The Long-Term Implications
Bitcoin halving plays a crucial role in the overall supply and demand dynamics of Bitcoin. As the rate of new supply decreases over time, Bitcoin's inflation rate diminishes, eventually reaching zero when the total supply of 21 million coins is reached.
In conclusion, Bitcoin halving is a significant event in the cryptocurrency ecosystem with far-reaching implications for miners, investors, and the broader financial landscape. By understanding its purpose and impact, stakeholders can better navigate the opportunities and challenges presented by this fundamental aspect of the Bitcoin protocol.
#BTC #BTCHALIVING #write2earn #TrendingTopic
Bitcoin Halving: What Is It?
Bitcoin halving is an event programmed into the Bitcoin protocol that occurs approximately every four years. During this event, the reward that miners receive for confirming transactions and adding them to the blockchain is halved. This process is built into the Bitcoin code to control the supply of Bitcoin and maintain its scarcity over time.
The Purpose of Bitcoin Halving
The primary purpose of Bitcoin halving is to control inflation and ensure that new Bitcoins are gradually introduced into circulation. By halving the block reward, Bitcoin's rate of issuance decreases, leading to a predictable and diminishing supply of new coins. This scarcity is one of the key features that distinguishes Bitcoin from traditional fiat currencies.
The Impact on Bitcoin's Price
Historically, Bitcoin halving events have been associated with significant increases in the price of Bitcoin. The logic behind this is simple: as the rate of new supply decreases, if demand remains constant or increases, the price should rise to reflect the reduced availability of coins. However, it's essential to note that past performance is not indicative of future results, and various factors can influence Bitcoin's price dynamics.
The Long-Term Implications
Bitcoin halving plays a crucial role in the overall supply and demand dynamics of Bitcoin. As the rate of new supply decreases over time, Bitcoin's inflation rate diminishes, eventually reaching zero when the total supply of 21 million coins is reached.
In conclusion, Bitcoin halving is a significant event in the cryptocurrency ecosystem with far-reaching implications for miners, investors, and the broader financial landscape. By understanding its purpose and impact, stakeholders can better navigate the opportunities and challenges presented by this fundamental aspect of the Bitcoin protocol.
#BTC #BTCHALIVING #write2earn #TrendingTopic
