Can the weekly closing price of Bitcoin this week remain above $52,500? If it can maintain this point or above, it is a weekly bottom divergence from a purely technical point of view, which means that there is at least an increase at the weekly chart level.
But what is more entangled is that there is no bottom divergence between the 1-day line and the 2-day line, which means that the daily and weekly lines have not seen resonance for the time being. If resonance is formed, then there is a high probability that 49,000 is the stage bottom. At present, a short-term pressure level of Bitcoin is around $62,000, which is a relatively large gap. The key point is the weekly closing price this week!
There is also a short-term pressure level of ETH at $2,800 to $3,000, but in the long run, it is only a matter of time for ETH to break through the new high of $4,500.

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Quote this article I am publishing now and express your thoughts on the current market and trend of the currency circle. Is Bitcoin $49,000 the lowest point this year? Is the bull market over? Be sure to cite this article and post a comment and quote with your logic and opinions!

🤝_ It was suggested to me to make a prediction about the price of Bitcoin (BTC) for April 2024, but it is not really possible to do this, since the price has many factors that can influence its value.
• However, we can examine a few things...

✍️ _ First of all, it is important to understand that the price of Bitcoin is determined by supply and demand in the market, just like any other financial asset.
• As more people buy Bitcoin, its price tends to rise, and vice versa.
• But unlike government-backed fiat currencies, Bitcoin is not subject to the influence of monetary or economic policies, which can make its price more volatile.

⌛_ In recent years, we have seen a significant increase in the adoption and acceptance of Bitcoin as a form of investment and medium of exchange. Large companies, financial institutions, and institutional investors have shown increasing interest in Bitcoin, which has contributed to its rise in value.
• In addition, Bitcoin (it will only have a maximum of 21 million bitcoins in circulation) this has driven its price upwards.

🐯_ To end in April 2024, it is important to consider possible external events that could affect the market, such as government regulations, security issues, technological advances and changes in market confidence.
• And keep in mind that any influencer who assures a price is nothing more than just speculation and that the cryptocurrency market is highly unpredictable.
• Investors should always conduct their own research and consider their own financial objectives before making investment decisions (DYOR)

#HotTrends

#BTC

🧡🤝🐯Thank you all very much for the support in each publication and to @CZ for creating binance🧡🤝🐯

🤝_ It was suggested to me to make a prediction about the price of Bitcoin (BTC) for April 2024, but it is not really possible to do this, since the price has many factors that can influence its value.
• However, we can examine a few things...

✍️ _ First of all, it is important to understand that the price of Bitcoin is determined by supply and demand in the market, just like any other financial asset.
• As more people buy Bitcoin, its price tends to rise, and vice versa.
• But unlike government-backed fiat currencies, Bitcoin is not subject to the influence of monetary or economic policies, which can make its price more volatile.

⌛_ In recent years, we have seen a significant increase in the adoption and acceptance of Bitcoin as a form of investment and medium of exchange. Large companies, financial institutions, and institutional investors have shown increasing interest in Bitcoin, which has contributed to its rise in value.
• In addition, Bitcoin (it will only have a maximum of 21 million bitcoins in circulation) this has driven its price upwards.

🐯_ To end in April 2024, it is important to consider possible external events that could affect the market, such as government regulations, security issues, technological advances and changes in market confidence.
• And keep in mind that any influencer who assures a price is nothing more than just speculation and that the cryptocurrency market is highly unpredictable.
• Investors should always conduct their own research and consider their own financial objectives before making investment decisions (DYOR)

#HotTrends

#BTC

🧡🤝🐯Thank you all very much for the support in each publication and to @CZ for creating binance🧡🤝🐯

✍️_ Bitcoin Halving occurs approximately every four years or after a certain predetermined number of Bitcoin blocks have been mined (approximately every 210,000 blocks).

🧑‍💻_ It's basically an event that reduces rewards for Bitcoin miners.
• For example:
🧑‍💻_Before the first halving in 2012, miners received 50 bitcoins for each block mined. After the halving, this reward was reduced to 25 bitcoins. At the next halving, in 2016, the reward was reduced to 12.5 bitcoins per block, and so on.
• This event can cause Bitcoin to become more valuable over time.

🐯_A simple way to understand Bitcoin Halving is to think of a kind of special event that happens with Bitcoin from time to time. Imagine that Bitcoin miners are like treasure hunters who earn rewards for finding new coins. Halving causes these rewards to be halved every four years.

🤝_This is important because it makes Bitcoin become rarer over time, as if there were fewer gold coins available. When something becomes rarer, its value often increases. Therefore, halving can make Bitcoin more valuable over time.

📚_ It is also important to review the basic information about Bitcoin. It is not issued by a central bank or controlled by any government, instead, it is created through a process called mining.
• Miners are individuals or groups of people who use high-powered computers to solve complex mathematical problems that verify and secure transactions on the Bitcoin network. As a reward for their work and the use of their computing power, miners receive new Bitcoins.

#HotTrends

#Halving

🧡🤝🐯Thank you all very much for the support in each publication and to @CZ for creating binance🧡🤝🐯

✍️_I will share my opinion on the approval of an ETF (Exchange-Traded Fund).
• First I will explain a little what these concepts mean..

🐯_ Imagine that an Ethereum ETF is like an easier way for people to invest in Ethereum, without having to directly buy the cryptocurrency. It would be like a kind of fund where you can put your money and get some Ethereum in return.

🌐_ Once we understood the previous example, it is important to know the bases of both parts:
• Ethereum is a decentralized blockchain platform that allows the creation and execution of smart contracts and decentralized applications (DApps). It is known for its native token, Ether (ETH), which is used to pay transaction and service fees on the Ethereum network.

• On the other hand, an ETF is an exchange-traded investment fund that is designed to track the performance of an underlying asset.

🤝_ By investing in an Ethereum ETF, investors would gain exposure to the price of Ethereum without needing to purchase and store the cryptocurrency directly

✍️_ The approval of an Ethereum ETF could make people in the traditional financial market invest in Ethereum and could help make Ethereum more recognized and accepted in the world.

#HotTrends

#ETF

🧡🤝🐯Thank you all very much for the support in each publication and to @CZ for creating binance🧡🤝🐯

✍️_ "Altcoin season" is a period in the world of cryptocurrencies in which some cryptocurrencies other than Bitcoin (called altcoins) tend to increase in value more than Bitcoin. This could happen after Bitcoin has been stable or up for a while.

🐯_ There is no specific date for the start of the Altcoins season..

🧑‍💻_ In order not to remain in uncertainty, let's review some factors that Altcoins have.
• The cryptocurrency market is highly volatile and influenced by a variety of factors.
• Like market demand.
• Adoption by investors and users, project-specific news and events, and macroeconomic trends.

✍️_Altcoins are starting to overtake Bitcoin in terms of price growth. This can happen for a variety of reasons, such as the release of new technologies or products by altcoin projects, increased adoption and use of altcoins in applications and services, or a change in market perception towards altcoins in general. .

🐯_ Investors should keep an eye on market trends and developments in specific altcoin projects to make informed decisions about when to participate in this phenomenon.
• Keep in mind that you may even lose your money by participating, so always DYOR (Do Your Own Research).
• Do not trust influencers who predict a price, always make your own conclusion in the end.

#HotTrends

#AltSeason

🧡🤝🐯Thank you all very much for the support in each publication and to @CZ for creating binance🧡🤝🐯

✍️_ "Altcoin season" is a period in the world of cryptocurrencies in which some cryptocurrencies other than Bitcoin (called altcoins) tend to increase in value more than Bitcoin. This could happen after Bitcoin has been stable or up for a while.

🐯_ There is no specific date for the start of the Altcoins season..

🧑‍💻_ In order not to remain in uncertainty, let's review some factors that Altcoins have.
• The cryptocurrency market is highly volatile and influenced by a variety of factors.
• Like market demand.
• Adoption by investors and users, project-specific news and events, and macroeconomic trends.

✍️_Altcoins are starting to overtake Bitcoin in terms of price growth. This can happen for a variety of reasons, such as the release of new technologies or products by altcoin projects, increased adoption and use of altcoins in applications and services, or a change in market perception towards altcoins in general. .

🐯_ Investors should keep an eye on market trends and developments in specific altcoin projects to make informed decisions about when to participate in this phenomenon.
• Keep in mind that you may even lose your money by participating, so always DYOR (Do Your Own Research).
• Do not trust influencers who predict a price, always make your own conclusion in the end.

#HotTrends

#AltSeason

🧡🤝🐯Thank you all very much for the support in each publication and to @CZ for creating binance🧡🤝🐯

✍️_ If you ask me how you are most optimistic about cryptocurrencies in 2024.
• I would say :

🐯_ That I feel optimistic about connecting people around the world by allowing them to transfer money quickly and easily, regardless of geographic borders or time restrictions. Unlike traditional fiat currencies, which are often subject to delays and high fees when it comes to international transfers, cryptos offer a more efficient and accessible solution for making transactions.

🤝_ The ability to transfer money anywhere in the world is especially important..
• For example, migrant workers who send remittances to their families in their home countries rely heavily on money transfer services to send funds safely and affordably.
• With cryptocurrencies, these people can avoid costly middlemen and long delays by sending money directly through the blockchain, giving them greater control over their finances and a faster way to send financial support to their loved ones.

✍️_ Cryptocurrencies are also a powerful tool to promote financial inclusion by providing access to financial services to people who would otherwise be excluded from the traditional banking system.
• In many countries where banking infrastructure is limited or non-existent, cryptocurrencies offer a viable alternative to store value, carry out transactions and access basic financial services through mobile devices and an Internet connection.

🤝_ Through Binance we have the option of entering through P2P, it is a very good option for those of us who live in Argentine countries that have a currency that is constantly devalued.
• We can access USDT or another stable crypto and save efficiently.

#HotTrends

#2024

🧡🤝🐯Thank you all very much for the support in each publication and to @CZ for creating binance🧡🤝🐯