Get started

Btcupdate

Bitcoin New Update: Must read!BTC has reclaimed the SWB:69K position, and right now, all we need is a clean breakout above the resistance trendline. Once BTC surpasses the upper trendline, it will likely be ready for a new all-time high before the halving. All we need is a 7% rally, and we are at the top once again. For support, we have the lower/supporting trendline as well as the 75 EMA. The weekend is here, so be cautious and do your research and analysis properly before investing. Regards, Team Dexter.
Long
by Dexter_The_Trader
Two Weeks Away For Bitcoin’s Next HalvingBitcoin's upcoming halving event is just two weeks away or approximately 2,000 blocks away, says The Block's Bitcoin Halving Countdown page. The countdown is based on Bitcoin's average block generation time of 10 minutes, indicating a potential date of April 20 at around 1 p.m. ET. The upcoming halving event will see the reward for miners on the network drop from 6.25 to 3.125 BTC per block. Halvings are programmed to occur every 210,000 blocks, roughly every four years. After a halving event, miners receive 50% fewer bitcoins as a reward for every block they mine and add to the blockchain. However, they continue to earn additional transaction fees for each block mined as usual. Bitcoin ( CRYPTOCAP:BTC ) has had three halving events in its history, reducing its block reward inflation from 50 BTC to 6.25 BTC in 2012, 12.5 BTC in 2016, and 6.25 BTC at the last halving event on May 11, 2020. In the long term, there will only be 21 million bitcoins in existence. Halving events have historically been associated with significant fluctuations in Bitcoin's price. While not a direct cause-and-effect relationship, these events have often preceded substantial bull runs in the Bitcoin market. This time around, Bitcoin ( CRYPTOCAP:BTC ) is closer to an all-time high relative to previous halving events. However, the approval of the spot ETFs contributed to a significant change in BTC's supply-demand dynamics, which could impact price during and after the halving. Coinbase analyst David Duong believes that the current Bitcoin ( CRYPTOCAP:BTC ) rally is largely a result of this new phenomenon amid spot ETF inflows and rising institutional interest, which have "irrevocably altered" the Bitcoin market. "This means that Bitcoin's response to the upcoming halving may not necessarily mirror its performance in prior cycles," he added.
BINANCE:BTCUSDLong
by DEXWireNews
BTC Insights: Expert Financial AnalysisIn the dynamic world of finance, Bitcoin (BTC) continues to captivate investors, serving as a focal point for discussions and speculation. As a seasoned financial analyst, I offer fresh perspectives on the current state of the BTC market. Bitcoin's recent movements have been characterized by volatility, driven by a myriad of factors including institutional adoption, regulatory developments, and market sentiment. Understanding these nuances is essential for investors seeking to navigate the ever-changing landscape of cryptocurrencies. In this analysis, we'll explore key indicators and technical patterns influencing BTC's price dynamics. From support and resistance levels to emerging trends and fundamental drivers, we'll provide a comprehensive overview of the factors shaping Bitcoin's trajectory. Furthermore, we'll discuss potential catalysts on the horizon and their potential impact on BTC's price in the short and medium term. Whether you're an experienced crypto trader or a newcomer to the space, this analysis aims to provide actionable insights to help you make informed decisions in the dynamic world of digital assets. Stay tuned for an in-depth exploration of the BTC market and expert perspectives on its future direction.
BINANCE:BTCUSD
by MIA_MASTER
2
Decrypting Bitcoin: Insights from a Financial AuthorityIn the realm of modern finance, Bitcoin stands as a formidable force, captivating minds and markets alike. As a seasoned financial authority, I embark on a journey to demystify this digital asset and illuminate its significance in today's economic landscape. At its core, Bitcoin represents a technological marvel, intertwining cryptography and decentralized networks to create a peer-to-peer digital currency. Its inception in 2008 by the pseudonymous Satoshi Nakamoto marked a watershed moment, challenging conventional notions of money and governance. Yet, amidst the fervor surrounding Bitcoin, skepticism abounds. Critics decry its volatility, citing wild price swings as evidence of inherent instability. However, beneath the surface lies a narrative of resilience, as Bitcoin continues to defy expectations and cement its status as a store of value. Moreover, Bitcoin's emergence as a hedge against inflation and economic uncertainty cannot be overlooked. In an era marked by unprecedented monetary stimulus and geopolitical turmoil, Bitcoin offers a refuge for investors seeking to preserve wealth and hedge against systemic risks. However, regulatory scrutiny remains a looming specter, casting a shadow of uncertainty over Bitcoin's trajectory. While some jurisdictions embrace innovation, others grapple with the complexities of regulating a borderless, decentralized asset. Nevertheless, amidst the regulatory maze, institutional adoption of Bitcoin is on the rise. Major corporations and financial institutions are recognizing its potential as a diversification tool and a hedge against traditional asset classes. In conclusion, Bitcoin's ascent from obscurity to prominence is a testament to its enduring appeal and disruptive potential. As a financial authority, I advocate for a balanced approach, recognizing the opportunities presented by Bitcoin while remaining vigilant to the risks. In this ever-evolving landscape, one thing remains certain: Bitcoin's journey is far from over. Its impact on finance and society at large will continue to unfold, reshaping the way we perceive and interact with money in the digital age.
BITSTAMP:BTCUSD
by Midas_Calista
2
BTC downtrend!BTCUSD is currently facing the risk of Bitcoin Halving. For this reason, it would not be surprising if the market is continuously controlled by bears. Both the short-term and medium-term outlook show that the bearish trend is gradually strengthening. Technical setup on h4 chart, Relative Strength Index (RSI) is trending overbought <50, allowing for the possibility of a downtrend revival to gradually strengthen., if bearish momentum continues, point BTCUSD's next recovery is to the price level of 67,489. If this level is crossed, it could cause gold to fall further, potentially reaching the 57,536 price level.
BINANCE:BTCUSD
by AdmamTrade
Bitcoin Short-Term Outlook: Watching Key LevelsBitcoin Short-Term Outlook: Watching Key Levels Since March 26, Bitcoin has been consolidating in a range. A closer hourly analysis shows the formation of an ascending wedge, broken at $70,000. Following this breakout, the price dropped to $68,000 before rising again to retest $67,000 or $62000. This price action is very important. If Bitcoin fails to clear $70,200 and sustains a three-hour candle above this level, it signals potential future growth.
BITSTAMP:BTCUSD
by AdmamTrade
BTC Symmetrical Triangle ! We go up or down ?Bitcoin has been consolidating within a symmetrical triangle pattern for the past 24 days. A breakout above the triangle's upper trendline would signal a continuation of the previous uptrend. This bullish scenario could propel prices the opening up the path towards the $80,000 target. Conversely, a breakdown below the triangle's lower trendline would indicate a bearish reversal. This could lead to a retracement towards the , with further support at $53,000. With Bitcoin nearing the apex of the triangle, a breakout is imminent, likely within the next few days. This heightened volatility presents both opportunities and risks for traders. It's important to emphasize that this analysis is for informational purposes only and does not constitute a recommendation to buy or sell Bitcoin. As always, conduct your own research and employ sound risk management strategies when making any investment decisions. Here are some additional factors to consider: Overall market sentiment remains bullish, with positive on-chain metrics supporting this view. Bitcoin's dominance has been rising, indicating a shift in investor preference towards BTC. The Fear & Greed Index is currently in the "Neutral" zone, suggesting a balanced market sentiment. While the technicals favor a bullish breakout, traders should remain vigilant and exercise caution due to the unpredictable nature of the cryptocurrency market. Disclaimer: This content is not financial advice. Please do your own research before investing in Bitcoin or any other cryptocurrency.
by Crypto-Oracle1
BTC Bitcoin Technical Analysis and Trade IdeaThis video explores a potential Bitcoin trading opportunity using technical analysis. We'll examine the current trend, price movements, and market structure to identify a potential entry point should favourable conditions materialize, as detailed in the video. It's crucial to remember that sound risk management is an essential component of any trading strategy. As always, this presentation is for informational purposes only and does not constitute financial advice.
BINANCE:BTCUSDLong
by fxtraderanthony
BTC Update So right now if you look at the chart BTC is at the crucial support of 64.5k which is holding BTC from further drop. It is consolidating over this level and market is acting choppy at this point. It will good to avoid trades during this period. Now there are two scenarios BTC will hold the current support and flip the zone marked above at 67k to 67.9k and in this case BTC will again cross the Previous High 69k and Alts will also enjoy good bullish move at this point. It will break the current support and then it will drop on the green zone marked below at 62.5k to 63k grab some liquidity below, fill the wick and boom it will start moving upward from this point. Last or the worst case is, the BTC will fill the wick pointing at 59k and after grabbing some liquidity it will start bullish moves. This will be the best time to make some good profits in Alts. Due to our busy schedule we were not able to put updates daily but we will try to keep you guys updated daily. So we can make profits together.
by TheCryptoCity
2
Nothing can stop it BTCMy previous long setup was pretty perfect. I entered lower wait for the panic to finish, and the support zone i marked worked perfectly. Now, you can do whatever you want, but for sure you can't short Bitcoin. Gold is rising without any break, and you can't stop the rise for BTC. I think we will see a new ATH probably before the Halving, and $75k is higly possible. I moved my stops in break even, but i think in the next 72 hrs we will see lot of volatility. Stay tuned
Long
by SaliJournal
6