▫️Bitcoin dominance is forming an ascending triangle which is Bullish pattern.
▫️If It follows this pattern, dominance could potentially rise.
▫️One reason for this is the upcoming halving, which is attracting increased interest from individuals and institutions towards Bitcoin.
▫️There is a support level at 54.10% and a resistance at 55%. Breaking above the resistance could result in a decline in altcoins.#BTCHalvingApril2024 #btcrise
⚠️📉 $BTC Alert: Be cautious, history tends to repeat itself! Recall 2022 when $BTC plummeted from $48,200 to $16,500 within weeks? Now, in 2024, while many anticipate a surge to $150,000, let's heed past lessons. Large whales manipulate markets via mainstream media, luring in hopeful investors. As profits peak, they swiftly exit, leaving others behind. Don't fall prey to their tactics! Exercise prudence. Consider safeguarding your funds as Bitcoin hovers near $70,000. Historical patterns suggest $75,000 may not be breached this year. Protect your investments, stay vigilant! #HotTrend $BTC #Amirrich_Trader Disclaimer: Includes third-party opinions. No financial advice. See T&Cs. BTC $67,699.98 -1.51% Share now with friends. [Comments] Lyndsey Woten: History indicates BTC rises after halving! So, this could be a misleading post! commercian84: Why is everyone echoing the same sentiment? Sucker4pain: True, but the upside is limited to $38k as most major whales won't let it dip below that! Harley Swedenburg: Sell if you must, but spare us the chatter here. Square-Creator: How naive! HL capital: Perhaps to $3000. Feed-Creator: Conditions are different now with Bitcoin ETFs like BlackRock in play. #BTCHalvingApril2024 #btcdumping
📉📈 BTC Halving: A Historical Perspective Let's talk BTC halving history: - 18 days before 2012 halving, BTC was 46% down from its all-time high (ATH). - 18 days before 2016 halving, BTC was 41% down from ATH. - 18 days before 2020 halving, #BTC was 62.5% down from ATH. - 18 days before 2024 halving, BTC is only 10% down from ATH. Something's brewing. This time, it's different. 🚀 #BTC $BTC $BTC