BitcoinTrends
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Market Insight: The $51,500 level emerges as a robust support zone, witnessing nearly 500,000 BTC traded. Noteworthy, it boasts the highest traded supply post the $42,500 mark.
đč Trading Trends: Keep an eye on the evolving dynamics around $51,500 â a key support level with substantial trading activity.
đ #CryptoAnalysis #BitcoinTrends #BinanceInsights #BitcoinSupport #MarketWatch #Write2Earn
đč Trading Trends: Keep an eye on the evolving dynamics around $51,500 â a key support level with substantial trading activity.
đ #CryptoAnalysis #BitcoinTrends #BinanceInsights #BitcoinSupport #MarketWatch #Write2Earn
đ°đĄ Reflecting on Human Greed: A Tale of 215 $BTC đ
đš This post delves deep into a sobering reality. If you're not ready for a serious discussion, feel free to scroll past.
đ©âđŒ Recently, a friend shared a snapshot of their wallet, flaunting an impressive 215 bitcoins. While I harbor no resentment towards her fortune, it ignited a profound contemplation on human greed.
đ Witnessing the immense value of those 215 bitcoins left me pondering: what transformative impact could they truly have? Across the globe, thousands of #BTCs remain dormant in wallets, while countless individuals struggle to afford basic necessities.
đ Just envision it: those 215 coins could provide homes for numerous families, a lifetime of groceries for countless individuals, life-saving medications, essential medical treatments, education for those in need, and so much more.
đ Yet, human nature is entangled in an unyielding web of greed. No matter the wealth amassed, the thirst for more remains insatiable. Even upon acquiring 100 BTC, the yearning for 1,000 would inevitably arise, perpetuating an endless cycle of desire.
đŹ In conveying these sentiments, words fail to encapsulate the depths of human greed.
đ€ If you resonate with these reflections, consider showing your support by following and offering a generous tip. Together, let's strive to combat greed and nurture a world of greater equity. đđȘ
#BTC #BitcoinTrends #Reflections #HumanNature đđFollow | Like â€ïž | Quote đ | Comment
đš This post delves deep into a sobering reality. If you're not ready for a serious discussion, feel free to scroll past.
đ©âđŒ Recently, a friend shared a snapshot of their wallet, flaunting an impressive 215 bitcoins. While I harbor no resentment towards her fortune, it ignited a profound contemplation on human greed.
đ Witnessing the immense value of those 215 bitcoins left me pondering: what transformative impact could they truly have? Across the globe, thousands of #BTCs remain dormant in wallets, while countless individuals struggle to afford basic necessities.
đ Just envision it: those 215 coins could provide homes for numerous families, a lifetime of groceries for countless individuals, life-saving medications, essential medical treatments, education for those in need, and so much more.
đ Yet, human nature is entangled in an unyielding web of greed. No matter the wealth amassed, the thirst for more remains insatiable. Even upon acquiring 100 BTC, the yearning for 1,000 would inevitably arise, perpetuating an endless cycle of desire.
đŹ In conveying these sentiments, words fail to encapsulate the depths of human greed.
đ€ If you resonate with these reflections, consider showing your support by following and offering a generous tip. Together, let's strive to combat greed and nurture a world of greater equity. đđȘ
#BTC #BitcoinTrends #Reflections #HumanNature đđFollow | Like â€ïž | Quote đ | Comment
BTC has seen fluctuations recently, touching $56,550 after my previous update. While I anticipated a drop around $52,000, strong buying pressure prevented it. Currently, BTC is attempting to surpass the $63,000 resistance, but given the overbought RSI and the resilience of this resistance level, a drop may occur. However, if the resistance is breached, significant buying pressure could drive prices even higher. Remember to do your own research, consider market factors and volatility. #MarketAnalysis #BitcoinTrends #InvestWisely $BTC #BitcoinETFs
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Scaramucci predicted Bitcoin's growth to $170 thousand by the end of 2025
The founder of the SkyBridge Capital hedge fund, Anthony Scaramucci, said that the Bitcoin rate could exceed $170 thousand in 2025, writes Reuters. According to the businessman, the price of the first cryptocurrency will increase due to demand for new spot exchange-traded funds (ETFs) and the upcoming halving in April (halving the reward of Bitcoin miners).
âIf Bitcoin is worth $45,000 at the time of the halving, then by mid-to-late 2025 it will be worth $170,000. Whatever the price (of Bitcoin) was on the day of the halving in April, multiply it by four, and it will reach that figure in the next 18 months,â the SkyBridge founder said in Davos ahead of the World Economic Forum.
On January 11, the price of Bitcoin reached a two-year high of around $49,000 after spot Bitcoin ETFs received approval in the United States. Then the rate of the first cryptocurrency dropped and consolidated at $42 thousand. At 13:00 Moscow time, BTC is trading around $42.8 thousand.
#Bitcoin-BTC #BitcoinWorld #BitcoinTrends #BTC!đ° #BTCUSD
$BTC
The founder of the SkyBridge Capital hedge fund, Anthony Scaramucci, said that the Bitcoin rate could exceed $170 thousand in 2025, writes Reuters. According to the businessman, the price of the first cryptocurrency will increase due to demand for new spot exchange-traded funds (ETFs) and the upcoming halving in April (halving the reward of Bitcoin miners).
âIf Bitcoin is worth $45,000 at the time of the halving, then by mid-to-late 2025 it will be worth $170,000. Whatever the price (of Bitcoin) was on the day of the halving in April, multiply it by four, and it will reach that figure in the next 18 months,â the SkyBridge founder said in Davos ahead of the World Economic Forum.
On January 11, the price of Bitcoin reached a two-year high of around $49,000 after spot Bitcoin ETFs received approval in the United States. Then the rate of the first cryptocurrency dropped and consolidated at $42 thousand. At 13:00 Moscow time, BTC is trading around $42.8 thousand.
#Bitcoin-BTC #BitcoinWorld #BitcoinTrends #BTC!đ° #BTCUSD
$BTC
đ°đĄ Reflection on Human Greed: Contemplating 215 Bitcoins đ
đš This post delves into a serious topic. If you're not up for it, feel free to move on.
đ©âđŒ Recently, someone I know shared a screenshot of their wallet proudly displaying 215 bitcoins. While I hold no resentment towards their wealth, it prompted a profound contemplation on human greed.
đ Seeing the immense value of those 215 bitcoins led me to wonder: what meaningful impact could they have? Thousands of bitcoins remain untouched in wallets worldwide, while many struggle to meet their basic needs.
đ Just consider: those 215 coins could provide homes for numerous families, a lifetime's worth of groceries for many, essential medical aid, educational opportunities for the disadvantaged, and much more.
đ Yet, human nature is driven by an unquenchable thirst for more. No matter how much one possesses, the desire for greater wealth persists. Even if someone were to acquire 100 BTC, the longing for 1,000 would soon arise, perpetuating an endless cycle.
đŹ As I articulate these thoughts, I find myself grappling with the profound depths of human greed.
đ€ If these sentiments resonate with you, consider showing your support by following and offering a generous tip. Let's work together to combat greed and nurture a fairer world. đđȘ
#BTC
#BitcoinTrends
đš This post delves into a serious topic. If you're not up for it, feel free to move on.
đ©âđŒ Recently, someone I know shared a screenshot of their wallet proudly displaying 215 bitcoins. While I hold no resentment towards their wealth, it prompted a profound contemplation on human greed.
đ Seeing the immense value of those 215 bitcoins led me to wonder: what meaningful impact could they have? Thousands of bitcoins remain untouched in wallets worldwide, while many struggle to meet their basic needs.
đ Just consider: those 215 coins could provide homes for numerous families, a lifetime's worth of groceries for many, essential medical aid, educational opportunities for the disadvantaged, and much more.
đ Yet, human nature is driven by an unquenchable thirst for more. No matter how much one possesses, the desire for greater wealth persists. Even if someone were to acquire 100 BTC, the longing for 1,000 would soon arise, perpetuating an endless cycle.
đŹ As I articulate these thoughts, I find myself grappling with the profound depths of human greed.
đ€ If these sentiments resonate with you, consider showing your support by following and offering a generous tip. Let's work together to combat greed and nurture a fairer world. đđȘ
#BTC
#BitcoinTrends
Bitcoin Annual Symphony: Trends Decoded! đđ
Let's embark on a journey through Bitcoin's yearly performance, a tale marked by ups and downs, shaping the crypto narrative. đđĄ
đ Bitcoin's Annual Odyssey:
2011: đ Down
2012: đ Up
2013: đ Up
2014: đ Down
2015: đ Up
2016: đ Up
2017: đ Up
2018: đ Down
2019: đ Up
2020: đ Up
2021: đ Up
2022: đ Down
2023: đ Up
2024: ââ
2025: ââ
đź Future Unveiling:
The intriguing question marks for 2024 and 2025 open the door to endless possibilities.
What twists and turns will Bitcoin's journey take in these pivotal years?
Only time will reveal the unfolding chapters of crypto history.
Stay tuned for more insights into the ever-evolving crypto landscape! đđ°
#TradeNTell #Write2Earn #BitcoinTrends #CryptoJourney #FutureOfBitcoin $BTC $SOL $ETH
Let's embark on a journey through Bitcoin's yearly performance, a tale marked by ups and downs, shaping the crypto narrative. đđĄ
đ Bitcoin's Annual Odyssey:
2011: đ Down
2012: đ Up
2013: đ Up
2014: đ Down
2015: đ Up
2016: đ Up
2017: đ Up
2018: đ Down
2019: đ Up
2020: đ Up
2021: đ Up
2022: đ Down
2023: đ Up
2024: ââ
2025: ââ
đź Future Unveiling:
The intriguing question marks for 2024 and 2025 open the door to endless possibilities.
What twists and turns will Bitcoin's journey take in these pivotal years?
Only time will reveal the unfolding chapters of crypto history.
Stay tuned for more insights into the ever-evolving crypto landscape! đđ°
#TradeNTell #Write2Earn #BitcoinTrends #CryptoJourney #FutureOfBitcoin $BTC $SOL $ETH
#BTC
1. After breaking the previous support as mentioned in the chart BTC almost fell -6.6%.
2. BTC has corrected more than -20% from the last swing high where all the major buyer are trapped around 49000 level.
3. BTC will try to take support at first support zone which is around 35500-39050 and it is shown in the chart. If it breaks then it will take support at second support zone which is around 31665-34230.
#CryptoMarket"
#BitcoinTrends
1. After breaking the previous support as mentioned in the chart BTC almost fell -6.6%.
2. BTC has corrected more than -20% from the last swing high where all the major buyer are trapped around 49000 level.
3. BTC will try to take support at first support zone which is around 35500-39050 and it is shown in the chart. If it breaks then it will take support at second support zone which is around 31665-34230.
#CryptoMarket"
#BitcoinTrends
Bitcoin Pullback Possible, but Upward Trend Remains Strong: Expert Trader
Dec 7, 2023, 13:49 GMT+5:30In the midst of Bitcoin's remarkable ascent, crypto trader Christopher Inks foresees potential for further gains before a possible pullback. Emphasizing a historical pattern of a 61.8% retracement in past bull cycles, Inks suggests this trend may repeat. Speculating on the current surge, he anticipates Bitcoin reaching the upper 40s to lower 50s before retracing to the mid-30s.Addressing concerns in a recent YouTube interview with trader Scott Melker, Inks acknowledges the overbought status on charts but asserts the resilience of Bitcoin's upward momentum. He draws parallels to previous cycles, highlighting instances like the drop from $14,000 to $3,000 at the onset of the last bull cycle and a comparable retracement during the COVID-19 pandemic.Despite acknowledging the possibility of a 61.8% retracement, Inks deems a return to 20K levels unlikely. Instead, he predicts Bitcoin's ascent to the upper 40s or lower 50s before a retracement to the mid-30s. The crypto trader attributes the potential for a lower retracement to the upcoming halving scheduled for next year, which traditionally serves as a robust price movement catalyst.Notably, the market's bullish surge is further fueled by speculations around the approval of a spot Bitcoin ETF. Investors anticipate increased capital inflow if approved, with optimistic predictions ranging from $100K to $150K for Bitcoin's price by December 2024.While Bitcoin experienced a slowdown in the past 24 hours following its breach of an annual peak on Monday, currently exchanging hands at $43,907 with a 0.48% increase in the last 24 hours, the overarching sentiment remains buoyant, supported by factors such as the upcoming halving and ETF approval speculations.#BitcoinTrends #ETFBuzz #trending #CryptoNews #MarketAnalysis $BTC
đŻGrayscale CEO Michael Sonnenshein emphasizes that the SEC should permit the conversion of Grayscale Bitcoin Trust into a spot ETF concurrently with other applicants to ensure fair treatment and avoid disadvantaging Grayscale investors.
âïžFurthermore, Sonnenshein suggested that the approval of a Spot Bitcoin ETF could unlock approximately $30tr worth of additional capital inflow into Bitcoin.
âïžThis is really good news on the chapter of BITCOIN ETF
#BTCFuturesSurge #BitcoinAnalysis #BitcoinTrends #BitcoinETF
âŁïžPlease like , share and subscribe my channel ,it gives me true motivation to do better and better.
âïžFurthermore, Sonnenshein suggested that the approval of a Spot Bitcoin ETF could unlock approximately $30tr worth of additional capital inflow into Bitcoin.
âïžThis is really good news on the chapter of BITCOIN ETF
#BTCFuturesSurge #BitcoinAnalysis #BitcoinTrends #BitcoinETF
âŁïžPlease like , share and subscribe my channel ,it gives me true motivation to do better and better.
đđđ #BlackRock âs #BitcoinETFđ°đ°đ° is the only fund with inflows since Friday
Over the past two days, the iShares Bitcoin Trust (IBIT) has recorded significant inflows totaling $184.5 million, making it the sole U.S.-based spot Bitcoin ETF to experience such positive activity this week.
BlackRock's Bitcoin exchange-traded fund (ETF) has emerged as the sole recipient of inflows among United States-based spot Bitcoin funds in recent days, contrasting with others that either saw stagnant or diminishing inflows.
On April 15, the iShares Bitcoin Trust (IBIT) recorded net inflows of $73.4 million, a slight decline from the $111.1 million reported the previous day. In contrast, the eight other ETFs, with the exception of Grayscale's, reported zero inflows during the same period, based on data from Farside Investors.
Despite the notable inflows into IBIT, they were unable to offset the outflows from the Grayscale Bitcoin Trust (GBTC). On April 15, #gbtc experienced outflows of $110.1 million, which represented a decrease from the $166.2 million outflows reported on April 14.
Across April 14 and 15, all 10 spot Bitcoin ETFs witnessed net outflows, totaling $55.1 million and $36.7 million, respectively.
These recent outflows from U.S. Bitcoin ETFs coincide with a tumultuous period for Bitcoin, which has experienced an 11.6% decline over the week, trading at $63,410 according to data from Cointelegraph Markets Pro.
Source - cointelegraph.com
#BitcoinTrends #BinanceSquareAnalysis
Over the past two days, the iShares Bitcoin Trust (IBIT) has recorded significant inflows totaling $184.5 million, making it the sole U.S.-based spot Bitcoin ETF to experience such positive activity this week.
BlackRock's Bitcoin exchange-traded fund (ETF) has emerged as the sole recipient of inflows among United States-based spot Bitcoin funds in recent days, contrasting with others that either saw stagnant or diminishing inflows.
On April 15, the iShares Bitcoin Trust (IBIT) recorded net inflows of $73.4 million, a slight decline from the $111.1 million reported the previous day. In contrast, the eight other ETFs, with the exception of Grayscale's, reported zero inflows during the same period, based on data from Farside Investors.
Despite the notable inflows into IBIT, they were unable to offset the outflows from the Grayscale Bitcoin Trust (GBTC). On April 15, #gbtc experienced outflows of $110.1 million, which represented a decrease from the $166.2 million outflows reported on April 14.
Across April 14 and 15, all 10 spot Bitcoin ETFs witnessed net outflows, totaling $55.1 million and $36.7 million, respectively.
These recent outflows from U.S. Bitcoin ETFs coincide with a tumultuous period for Bitcoin, which has experienced an 11.6% decline over the week, trading at $63,410 according to data from Cointelegraph Markets Pro.
Source - cointelegraph.com
#BitcoinTrends #BinanceSquareAnalysis
DON'T YOU AGREE? đ«” đ
When we were accumulating $BTC & others Altcoins ($SOL ,$AGIX , etc) last year, they were calling us Fools. Now they call us Lucky. The truth is, they are going to be late once again to adopt the most powerful technology of this century! đ
#BitcoinTrends #AltcoinRallies #Altcoins2024 #SOLInnovation #artificialintelligence
When we were accumulating $BTC & others Altcoins ($SOL ,$AGIX , etc) last year, they were calling us Fools. Now they call us Lucky. The truth is, they are going to be late once again to adopt the most powerful technology of this century! đ
#BitcoinTrends #AltcoinRallies #Altcoins2024 #SOLInnovation #artificialintelligence
Marathon, Riot stocks surge as Bitcoin climbs to $44k
The recent surge in Bitcoin's price, reaching approximately $44,000 as of December 20, 2023, has fueled a significant uptick in the share prices of Bitcoin mining companies Marathon Digital Holdings (MARA) & Riot #Blockchain (RIOT). Let's explore the reasons behind this phenomenon:
Factors Driving the Stock Surge:
Leveraged Play: #Bitcoinmining stocks tend to exhibit higher volatility than Bitcoin itself. This means that even a moderate increase in Bitcoin's price can lead to a more significant percentage gain for mining companies' shares.
Improved Market Sentiment: The recent rise in Bitcoin's price indicates renewed optimism in the cryptocurrency market. This positive sentiment often spills over to related sectors like Bitcoin mining, boosting investor confidence & driving up stock prices.
Company-Specific Factors: Both Marathon & Riot have undertaken strategies that position them for potential future growth. Recent developments like facility expansions, efficiency improvements, & strategic partnerships could be contributing to investor interest.
Key Considerations:
Correlation is not Causation: While Bitcoin's price heavily influences Bitcoin mining stocks, other factors can also impact their performance. These include operational costs, regulatory changes, & the overall health of the crypto market.
Volatility Remains: Both Bitcoin & Bitcoin mining stocks are known for their significant price swings. Investors should be prepared for potential fluctuations & avoid basing their decisions solely on short-term trends.
Long-Term Outlook: Assessing the long-term prospects of mining companies requires a deeper understanding of their individual strategies, technology, & risk management practices.
Overall, the recent surge in Marathon & Riot stock prices reflects the positive influence of Bitcoin's price increase on the mining sector. However, it's crucial to remember the inherent volatility of #cryptocurrency markets & consider various factors before making #Investment decisions.
#BitcoinTrends $BTC
The recent surge in Bitcoin's price, reaching approximately $44,000 as of December 20, 2023, has fueled a significant uptick in the share prices of Bitcoin mining companies Marathon Digital Holdings (MARA) & Riot #Blockchain (RIOT). Let's explore the reasons behind this phenomenon:
Factors Driving the Stock Surge:
Leveraged Play: #Bitcoinmining stocks tend to exhibit higher volatility than Bitcoin itself. This means that even a moderate increase in Bitcoin's price can lead to a more significant percentage gain for mining companies' shares.
Improved Market Sentiment: The recent rise in Bitcoin's price indicates renewed optimism in the cryptocurrency market. This positive sentiment often spills over to related sectors like Bitcoin mining, boosting investor confidence & driving up stock prices.
Company-Specific Factors: Both Marathon & Riot have undertaken strategies that position them for potential future growth. Recent developments like facility expansions, efficiency improvements, & strategic partnerships could be contributing to investor interest.
Key Considerations:
Correlation is not Causation: While Bitcoin's price heavily influences Bitcoin mining stocks, other factors can also impact their performance. These include operational costs, regulatory changes, & the overall health of the crypto market.
Volatility Remains: Both Bitcoin & Bitcoin mining stocks are known for their significant price swings. Investors should be prepared for potential fluctuations & avoid basing their decisions solely on short-term trends.
Long-Term Outlook: Assessing the long-term prospects of mining companies requires a deeper understanding of their individual strategies, technology, & risk management practices.
Overall, the recent surge in Marathon & Riot stock prices reflects the positive influence of Bitcoin's price increase on the mining sector. However, it's crucial to remember the inherent volatility of #cryptocurrency markets & consider various factors before making #Investment decisions.
#BitcoinTrends $BTC
Uphold Research Lead Predicts $200K Per Bitcoin In âVery Short Time
In a recent analysis, Upholdâs Research lead, Dr. Martin Hiesboeck, foresees a potential quadrupling of Bitcoin's current market value, reaching $200,000 in a "very short time." The cryptocurrency has already more than doubled in price since the beginning of the year, and Dr. Hiesboeck's analysis points towards historical trends of significant gains following market bottoms.A chart presented by Dr. Hiesboeck outlines notable increases in Bitcoin's value after hitting new lows, with gains of approximately 400% and 1700% from the 2018 and 2020 market bottoms, respectively. The recent all-time high in 2020 positions Bitcoin to require less than a 50% increase to surpass its previous peak.The prediction aligns with historical four-year cycles of Bitcoin, indicating the potential for further gains. Driven by institutional demand, Uphold Research suggests that Bitcoin could rapidly climb to $200,000. This forecast is in line with earlier predictions by Bloomberg analysts, who anticipated a $500,000 valuation, emphasizing the growing role of institutional players in the cryptocurrency market.Prominent financial institutions like Blackrock, Fidelity, and Templeton are poised to receive regulatory approval for Bitcoin ETF products in the U.S. market. Approval of these products is expected to make Bitcoin exposure more accessible, potentially attracting a fresh influx of capital into the cryptocurrency. The anticipation of a Bitcoin ETF has been a driving force behind Bitcoin's price surge, which currently sits above $43,000 with an $844 billion market cap at the time of writing.#BitcoinTrends #ETFBuzz #ETFApproval #ETFTrends #Bullrun $BTC
đđ Brace yourselves, Bitcoiners! Yesterday marked a pivotal and challenging day for Bitcoin as it initiated a new downward trend. Despite expectations for a boost from the unchanged FED rate and Powell's dovish rhetoric, Bitcoin struggled to gain momentum, experiencing a minor upward bounce followed by further decline. The once solid support at $59,000 now acts as formidable resistance, signaling a bearish sentiment. If such significant catalysts couldn't propel growth, the future movement seems uncertain. It's evident: the anticipated lunar voyage has been postponed. It's time to refund those tickets and regroup. Stay tuned for the next chapter in the Bitcoin saga. đđ° #BitcoinTrends #MarketAnalysis #BinanceInsights