Crypto king 2

Hay gys everyone pless tell what next move market #market $BTC $BNB

#PiCoreTeam#PiNetworkMainnet

Cena Pi Network překonává Bitcoin a altcoiny, když míří na historické maximum
Pi Network zůstal stabilní v úterý, když odolával širšímu výprodeji kryptoměn, když se rizika na trhu zvýšila.
Pi Network Pi Networkpi77,36 % Pi Network, který minulý týden spustil svou hlavní síť, vzrostl na 1,60 USD, což je více než 158 % od svého nejnižšího bodu v pátek. Podle CoinMarketCap vzrostla jeho samoohlášená tržní kapitalizace na 10,7 miliardy dolarů, což z něj činí 11. největší kryptoměnu.

Rally Pi vynikl, zatímco většina kryptoměn utrpěla dvouciferné ztráty, zatímco 24hodinové likvidace vzrostly o 477 % na 1,57 miliardy dolarů. Celková tržní kapitalizace kryptoměn klesla o 6 %.

Cena sítě Pi překonává bitcoiny a altcoiny, protože dosahuje historického maxima
Pi Network zůstala v úterý stabilní a vzdorovala širšímu výprodeji kryptoměn, protože tržní rizika se zvyšovala.
Pi Network Pi Networkpi77,36% Pi Network, která minulý týden spustila svůj mainnet, vyskočila na 1,60 dolaru, což je o více než 158 % oproti nejnižšímu bodu v pátek. Podle CoinMarketCap její tržní kapitalizace vyskočila na 10,7 miliardy dolarů, což z ní dělá 11. největší kryptoměnu.

Rally Pi vynikla, protože většina kryptoměn utrpěla dvouciferné ztráty, zatímco 24hodinové likvidace vyletěly o 477 % na 1,57 miliardy dolarů. Celková tržní kapitalizace kryptoměn klesla o 6 %.

Bitcoin Weekly Forecast: BTC targets $52,000, will New Moon trigger a pullback first?Bitcoin price has rallied 5.05% in the last two days and is up over 2.10% on Friday. Two out of the last three new moons have created local tops.The fourth new moon is on February 9, which leaves investors wondering about a potential correction.A weekly candlestick below $41,395 will prove fatal for BTC and could trigger a steeper correction. Bitcoin (BTC) price action is showing strength and volatility after seven weeks of consolidation. The current weekly BTC candlestick has already registered a 9.30% gain and is likely to close on a positive note.Bitcoin ETFs signal sustained bullish flows:Despite the Bitcoin spot Exchange-Traded Fund (ETF) approval, BTC price failed to rally as anticipated. The news of ETF inflows and outflows, caused a widespread panic among investors, which led to a brief pause. But lately, things are starting to improve with regard to ETF inflows.The total inflows for BTC ETFs have been greater than Graysacle’s net BTC ETF outflows for the ninth consecutive day. Interestingly, this positive netflow data overlaps with the positive Bitcoin price performance over the last week.BTC price turns over a new leafBitcoin price development over the last week is promising and forecasts a continuation of the 2023 bull rally. The key developments due to the recent uptick are:BTC overcame $42,289, which is the midpoint of the last cycle’s bear market crash of 77%.Additionally, it has also flipped the $45,156 weekly resistance level into a support floor. As a result, investors should expect a continuation of the uptrend to retest the $50,000 psychological level in the next one to three weeks. But there are a few concerns regarding the recent move.The volume for the 9.30% move this week is lacking, which could imply a potential fake move that could trap longs.If the current weekly candlestick closes above $45,156, it will create a high, maintaining the uptrend structure. But it would also create a lower low on the Relative Strength Index (RSI) indicator, which is a clear bearish divergence. Hence, investors should keep some gunpowder dry, should Bitcoin price trigger a pullback. For now, the key levels for buying the dips include $45,156 and $43,823. A bounce coupled with a spike in buying pressure could send Bitcoin price to the next key weekly hurdle at $52,062.Moon cycles and its effects on BTCAnother important aspect that BTC must not overlook is the moon phase cycles and their effect on Bitcoin price.Out of the last three new moons – Bitcoin price has formed two local tops of sorts, leading to corrections. But looking at the data up to the fourth quarter of 2022, shows a different outlook. A comprehensive look at the influence of the last 16 new moons on Bitcoin price shows interesting pointers:If the daily candlestick closes positive on the day of the new moon, BTC has a higher chance of continuing the uptrend or at least rallying the next day.10 out of 16 times, BTC has triggered an uptrend after the new moon.The corrections for the last 16 data points show that the corrections could extend to 15%, and rallies can stretch up to 10%.Regardless of the bullish outlook, the lack of volum during the recent uptick, coupled with a potential bearish divergence formation of the daily chart, suggests investors should play tier hand cautiously. Should a correction ensue tomorrow, market participants should expect Bitcoin price to pull back to 6% and revisit $43,283. On the other hand, if this correction receives legs, it could retest the $41,395 support floor. A daily or weekly candlestick close below this level would invalidate the bullish thesis for BTC. In such a case, Bitcoin price could trigger a near 11% crash to revisit the $37,893 support floor$BTC

According to one Bitcoin halving date calculation, the fourth halving is likely to happen on Apr. 20. Previous halvings preceded years of significant growth in the cryptocurrency’s market price.A recent post on /r/Bitcoin shared a screenshot of what is purported to be a Bitcoin Halving Date calculator output estimating the next Bitcoin halving will happen on 4/20. That would be especially neat because it will happen on block 840,000, and 420,000 is half of that number.“Price gonna get so high,” Reddit user Leonard Smalls Jr commented. But not every Bitcoin halving date calculator agreed with that projection of the most likely next halving date.Other Bitcoin Halving Date Estimates“Bitcoin halving countdown is 74 days to the next Bitcoin halving occurring on Friday Apr 19, 2024. Bitcoin halving countdown clock 2024 is based on the block time average for the last 20,160 blocks, currently at 9 minutes 42 seconds,” said CoinWarz, a website that calculates Bitcoin mining profits.Meanwhile, a halving calculator by hash power marketplace NiceHash that estimates the halving will happen on Apr. 14, says,”The current block reward is 6.25 BTC, the next block reward will be 3.125 BTC. This lowers the rate at which Bitcoins are generated. The halving is periodical and is programmed into Bitcoin’s code.”“Conventional FIAT currencies allow governments or banks to print money and cause inflation. In Bitcoin’s case, the total supply will be maxed out at 21,000,000 BTC,” NiceHash explains.Everyone knows 420 is one of Tesla and SpaceX founder and CEO Elon Musk’s favorite numbers. He once said he might take Tesla private at $420/share in a move that irritated the U.S. SEC. Perhaps Bitcoin will get a rare tweet about it from Musk, who likes to boost Dogecoin when he tweets about crypto.I will keep supporting Dogecoin— Elon Musk (@elonmusk) June 19, 2022New BTC Supply Halvings Drive DemandBitcoin cuts its issuance of new currency in half every four years. In the months leading up to and immediately after the halving of previous quadrennial cycles, Bitcoin price seemed quiet.But each cycle, it rallied over the following months to record highs about an order of magnitude higher than the previous record ($68,500 at the last ATH in 2021 and $20,000 in 2017) before peaking and correcting more than 50% over the next few months.The post A Very Curious Coincidence Regarding the Upcoming Bitcoin Halving appeared first on CryptoPotato.$BTC