The price of Bitcoin has been steadily increasing over the past week.
The price is currently at $66,070, which is near the high for the week.
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The price of #BNB is currently trading above its 50-day SMA. This is often seen as a bullish signal, as it suggests that the price is in an uptrend.

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$BTC
Bitcoin Halving: How It Works and Why It Matters

What Is Bitcoin Halving?

A Bitcoin halving event occurs when the reward for mining Bitcoin transactions is cut in half.

It happens approximately every four years or every 210,000 blocks.

The halving policy was designed to counteract inflation by maintaining scarcity.

During a Bitcoin halving, the number of new Bitcoins created with each mined block is halved.

This reduction in block rewards has far-reaching consequences for the Bitcoin ecosystem1.

Why Does It Matter?

Reducing the mining rewards by half decreases the rate at which new Bitcoin is generated.

Due to its rising scarcity over time, Bitcoin has a valuable value proposition as a deflationary asset.

The Bitcoin halving contributes to limiting excessive inflation in the Bitcoin ecosystem2.
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Another bullish sign is the recent increase in price. The price has been moving up for the past week, and is currently up 6.40%. This suggests that there is strong buying pressure in the market.

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$ETH PICTURE IS CLEAR..
Seller is touch our support level and as i predict its again bullish move ahead to touch high resistance.
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$BTC is set his highest resistance level of 73k
On chart i show very clear pin bar on week one time frame.
Little bearesh move expected.

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I am waiting for the closing of week one candlestick
If its close bearish with long pin bar as we seen $BTC downtrend expected.

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$HOSTAI is ready for his rocket move..
Good opportunity for investors
Anytime its up shown in attach chart..
Bullish prediction.

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If the price breaks above the resistance line, it could be a signal that the price will continue to go up.
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$Bnb is going to its target slow and steady
Seller IS TRYING to move market back but its bullish time.

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finally aevo listed on binance
aevo is of 2.95 usdt on binance
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what is BTC halving ? 🤔🤔🤔
let me explain BTC halving
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Bitcoin halving is a change to the blockchain technology that reduces the rate at which new Bitcoin is created. It occurs when the reward for mining Bitcoin transactions is cut in half, which means that miners receive 50% fewer bitcoins for verifying transactions. This happens roughly every four years after the network mines 210,000 blocks. The next Bitcoin halving is expected to occur in April 2024, when the block reward will fall from 6.25 to 3.125 bitcoins.
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