With a weekly time frame, Bitcoin demonstrates its performance over shorter intervals.
The Halving event, occurring every four years, adjusts the Bitcoin supply and impacts its value.
The previous price ceiling of $70,000 sets the stage for an anticipated rise to $120,000 in the next cycle.
Should Bitcoin and Ethereum ETF gain acceptance, we can expect even greater price appreciation.
The Halving event, occurring every four years, adjusts the Bitcoin supply and impacts its value.
The previous price ceiling of $70,000 sets the stage for an anticipated rise to $120,000 in the next cycle.
Should Bitcoin and Ethereum ETF gain acceptance, we can expect even greater price appreciation.
Note
blockchaincenter.net/en/bitcoin-rainbow-chartNote
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.