What is bitcoin halving? Bitcoin halving is a major event that occurs every four years on the Bitcoin network. It involves the reduction of the block reward that miners receive for adding new blocks of transactions to the blockchain. The block reward was initially set at 50 BTC when the Bitcoin network first launched, and it has been halved twice since then. The...
Q4 halving year needs to be studied, I expect bitcoin to remain strong while BTC.D finds it top this Q, I expect that the BTC.D will start topping this Q and from that point on leading to money flowing to ALTs instead of flowing to BITCOIN which has been the case since this cycles bottom in NOV 2022. This post is mainly for myself to look back on. I have...
This is the same as in 2014-2015-2016, in 2016 there was a halving and the bad news was that Bitfinex was hacked which caused prices to fall and mass panic selling. And happen again in 2022-2023-2024, in 2024 Bitcoin Halving and a lot of bad news including the German Government and Mt.Gox selling Bitcoin and the price dropping to the $53K- GETTEX:54K area. 1st...
Hey fellow crypto enthusiasts! Let's dive into Bitcoin's recent price action and what we can expect in the coming months. The Correction Phase: Why It's Not All Doom and Gloom First off, don't panic about the current correction phase. After the halving, a correction was not just expected. It’s healthy! Think of it as Bitcoin catching its breath before the next...
We're currently in a downtrend, with Lower Lows and Lower Highs; however, it seems to be looking slightly bullish right now. Lots of different data showing the price will likely increase to ~70k within the next few weeks. There is a lot of resistance within the yellow zone highlighted here. The price will likely face rejection within this zone and if we're lucky...
Bitcoin wave count for the next 6 to 12 months According to the count indicated on the chart, probably wave 4 of 3 has been completed and wave 5 of 3 has already started. Probably the target of this movement will be from the range of 82000 to 99000 dollars. After that, the correction will probably start to form the main wave 4, and compared to the main wave 1, we...
Hello TradingView Family / Fellow Traders, BTC has been hovering within a big range between $60,000 support and $70,000 resistance. Scenarios: 1️⃣ Bullish For the bulls to take full control again, a break above the $72,000 mark is needed. In this case, a movement towards the $80,000 resistance would be expected. 2️⃣ Bearish In parallel, if the $60,000...
in weekly chart since 2023 #btc formed 5 wave and till now there was no green candle with open and close upper than 69000 $. with accepting ETF , huge money entered the market and it makes a rally somehow with 5th wave looks like it needs a break. history of halving shows after 28 nov 2012, market was in rang for 50 days. in 9 july 2016 it was 90 days rang. and...
ARB broke through the ascending trendline after the failed attempt to break through the resistance level. A decline to $0.92 is expected to happen
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 BTC has been overall bullish , trading within the rising channel in orange. Currently, BTC is in a correction phase, approaching the lower bound of the channel. Moreover, the highlighted red zone is a strong demand. 🏹 Thus, the highlighted blue circle is a strong area...
We are projecting an ATH of 198k by June 29th, 2025. For BTC to reach this it has some steps it needs to follow. These steps can be broken down into chunks and here we aim to break down the first part. Likewise, here is a quick evaluation of how BTC is currently doing and what may happen in the upcoming few days to a month. Bull: BTC may have corrected...
It's been a difficult time being a Mara/BTC miner holder the past few weeks, as BTC has hit ATH's and the miners have counterintuitively been crashing and burning.. No one was expecting the BTC ETF to have the demand that it did, there just isn't enough BTC out there, post halving this will get even tighter. Historically, once previous cycle ATH's have been...
Bitcoin ~10% before ATH🟠 And that before Bitcoin Halving 🔵 Guess we have to accept that these times are different 🤷♂️ I can❗️Same for you❓😉 Comments💭, Likes♥️ & Follow🔗appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
Bitcoin halving is an event that halves the rate at which new Bitcoins are introduced to a network (or mined). This event occurs approximately every four years or after 210,000 blocks have been mined; as a result, each halving reduces the reward given to miners by half and mimics a concept known as the hardening of a currency (meaning it is harder to extract it...
In my opinion ATH is not available before halving and before massive correction , Maximum Price would be 58200 and Final destination for my expected correction wave could be 29k-32k, Im not sure how much could be fast or slow but most probably before halving we will not see ATH.Do not get caught up in fomo. now is not good time for long position and buy. The...
Here are the 🗝 takeaways that I see in this Bitcoin chart 1-🗝 It is possible that the huge liquidity area at ~34k will get hit before new ATHs 2-🗝 As the cycles before this important support 🟢-line might point out at which date the max pain daily close price is 3-🗝 Comparing the past cycles with view to lenght and percentages the breakout to new ATHs might...
This Long on Bitcoin is very much LONG TERM due to the fact that the halving and so many of our indicators and others are pointing towards it. However, this Long in our opinion does have a temporary swing to it. We may be suspecting a temporary increase to ~48-50k in the upcoming 2 - 3 weeks BEFORE a Correction back to the 44.5-45k mark by February. After this...
Bitcoin's monthly chart is painting an intriguing picture as we edge closer to the April 2024 halving. The price is not only going for an attempt to test previous all-time highs but the RSI is echoing a pattern from the last pre-halving period, striking a pattern to be repeated with historical price movements. As we see the RSI return to levels it last saw right...