🚀 YOU WILL LOSE ALL YOUR INVESTMENT! 🚀 Unless You Understand The Psychology of the Crypto Market

Bitcoin hits $69k and the next halving is just 41 days away! 🌙

Experts predict a new bull run peaking in late 2025 - That is 12-18 months from the Halving in April 2024.💰

Ready to ride the wave? I hate to state this but many are still going to f>ck this up.🤷 For real.

Let's break down the psychological phases:

🚀 PHASE 1 - Accumulation 💰
During this phase, crypto Whales and OGs will have bought or be buying at discounted rates, new projects emerge, but skepticism lingers. To be clear, this was more like last year when $BTC was down to $15,000 and there was blood on the streets.

📈 PHASE 2 - Momentum 📈
Here, as we are currently witnessing, prices climb, excitement builds, HODLers rejoice, FOMO kicks in, and altcoins surge.😍👻💵

🚀 PHASE 3 - Euphoria/Excess 🚀
Greed takes over, prices soar daily, mainstream attention, bizarre market behavior, scams alert! For the Noobs, when ever the Bitcoin Fear and Greed Index makes a reading of 90, begin to manage your crypto position. Be SMART or you wont see👀 the crash coming.

⤵️ PHASE 4 - Massive Crash/Long Reeeeed candles😭😭 ⤵️
Here, you will witness a massive downtrend. Prices crash, panic selling, media negativity, Whales and new investors exit, veterans buy the dip. Noobies are left holding the 💰 for another two-three years -- the worst position to be in. DON'T DO THAT!

Tips for Success:
✅ Invest wisely and patiently.
✅ Dollar-cost average.
✅ Take profits on the way up.
✅ Diversify and avoid overexposure.
✅ Be cautious of hype and scams.
✅ Watch for market sentiment changes.
✅ Hedge positions strategically.
✅ Keep cash reserves for opportunities.

The coming months bring excitement, risks, and rewards. Navigate wisely, and you could be on your way to life-changing wealth in this crypto revolution! 🌐💸
#TrendingTopic
#BTC #ETH #sol #SHIB
>CryptoBullRun >Bitcoin <InvestWisely 🌟

From Weak to Diamond Hands💪: JPMorgan Says Retail Investors are Main Trigger for Crypto Market Sell-Off!

JPMorgan warns of ongoing challenges in the cryptocurrency market, citing the diminishing influence of retail investors and a lack of strong catalysts. The bank explains that retail traders were heavily involved in the recent sell-off, with both crypto and equity assets taking a hit in April. Bitcoin dropped 16% during the month, marking its sharpest decline since June 2022.

Spot bitcoin exchange-traded funds (ETFs) experienced significant outflows, with U.S.-based funds seeing a record-breaking sell-off on Wednesday. A cumulative net outflow of $563.7 million was recorded across 11 ETFs, the largest since these funds began trading in January 2023.

The three primary factors contributing to the sell-off are:
1. Elevated Positioning: Overextended positions are leading to profit-taking.
2. High Bitcoin Prices Compared to Gold and Production Costs: Bitcoin's price premium over gold and its production cost has reached worrying levels.
3. Reduced Crypto Venture Capital Funding: A slowdown in VC investment indicates weakening confidence in the crypto sector.

The report from JPMorgan suggests that while institutional investors also sold off, the majority of the pressure came from retail traders. Commodity trading advisors (CTAs) and other quantitative funds led the institutional profit-taking, reducing their extreme long positions in both bitcoin and gold.

However, analysis of the futures market indicates that other institutional investors, apart from CTAs and quantitative funds, have engaged in "more limited" position reductions. This could suggest some resilience among certain institutional players.

Overall, JPMorgan's analysis points to a cautious outlook for crypto markets, with retail investors driving the recent downturn and key headwinds continuing to weigh on sentiment. The bank's warning underscores the need for investors to remain vigilant and informed about ongoing market trends.
#BTC #BullorBear #altcoins #buythedip $BTC $ETH $BNB

Bitcoin Price Could Be Close to Bottoming Out! Is $67,000 next?

Bitcoin experienced a dramatic crash between April 30 and May 1, dropping by 11.5% to $56,522. This sharp decline triggered $172 million in leveraged long position liquidations.

The Fed Minutes
Investors are waiting for more signals from the Federal Reserve. Analysts say many are holding off until Jerome Powell, the Fed's chair, delivers his speech following the two-day monetary council meeting on May 1.

Also, concerns over the US Treasury Department's ability to finance the government's budget persist. On 30 April, the yield on the US Treasury 2-year note reached a 5-month high of 5.06%, as investors sought safer returns amid rising risk. The US deficit has soared to $1.07 trillion for the first half of 2024, leading to higher interest costs - this growing uncertainty is impacting BTC & other risk assets.

Markets Are Turning Risk-Averse
BTC crash reflects a broader trend of increasing risk aversion. Over the past 30 days, the Russell 2000 Index, which tracks smaller US-listed companies, fell by 8.2%, erasing gains from the previous two months. Similarly, WTI oil prices dropped by 8.3% since 5 April, reaching $87.91 after hitting a 5-month high.

Positive Corporate Earnings and Miners Remain Strong
Despite BTC's downturn, traditional markets show signs of recovery following strong first-quarter earnings reports from major companies like Amazon, Microsoft, & Google. If the Fed maintains high rates, BTC could attract renewed attention.

Bitcoin miners are under pressure after the recent halving, but they're not showing signs of capitulation yet. Miner outflows to exchanges indicate miners are holding their ground, even with the recent 57% drop in the Hashrate Index, which measures the daily return of one terahash of hashing power.

China’s Crypto Demand Points to Positive Sentiment
An interesting development in China offers a glimmer of hope for BTC. The premium on USDC in China rose to 2.7% on May 1, indicating that Chinese investors are still interested in cryptocurrencies.
#MarketSentimentToday

👇Don't FOMO into Runes on the Bitcoin Network! At Least, Not Yet.🤷😅

As 68% of Runes are currently in the red, critics are starting to question their value. Bitcoin Runes, the latest sensation in crypto, has had a rocky start despite the initial hype surrounding its launch. Coinciding with the recent Bitcoin halving, Runes promised a new level of functionality for the Bitcoin network and attracted attention for its potential to bring memecoins to Bitcoin. However, the buzz has quickly turned to concern as the majority of Runes are now losing value.

On 20 April, Bitcoin experienced its halving, but this year, Runes shared the spotlight, creating excitement about the potential for memecoins and decentralized finance (DeFi) on the Bitcoin network. Unfortunately, the Runes launch also brought record-high transaction fees, causing headaches for many Bitcoin users.

While miners saw a revenue bump from increased transaction fees, investors didn't fare as well. OKX data shows that the top 50 Runes by number of holders are down by an average of 30% as of April 29, with 34 out of 50 in the red. This downturn has sparked questions about whether Runes is truly an upgrade for Bitcoin or just a passing fad.

Despite the downturn, some supporters believe in its long-term potential. They argue that Runes could evolve into a valuable protocol that offers improved trading experiences & broader adoption within the Bitcoin ecosystem, including enabling users to tokenize RWA such as real estate, stocks, commodities, and even stablecoins.

While the initial excitement was driven by memecoins, Runes could be a gateway to broader use cases in the Bitcoin ecosystem. Eg, bridge the gap between Bitcoin and other DeFi platforms like Ethereum and Solana, and also offer a more efficient & streamlined approach to creating fungible tokens on Bitcoin.

Even with the current challenges, Runes infrastructure is still in its early stages, with improvements on the way that could lead to better user experience.

Are Bitcoin Runes a Bust or do you see some potential?
#MarketSentimentToday

🚀Strong Bullish Case for Bitcoin As It Breaks Record with 1.6 Million Confirmed Payments in a Single Day!💰💵

The Bitcoin network just set a new milestone by processing 1.6 million confirmed payments on April 23, showing the growing adoption of Bitcoin (BTC) for everyday transactions. This surge came just days after the network entered a new halving cycle on April 20.

Blockchain.com and Glassnode data indicate that this record-breaking day coincided with the rise of Bitcoin Runes, an alternative to Bitcoin Ordinals and the BRC-20 protocol. On April 23, Runes accounted for a whopping 81.3% of all Bitcoin transactions, demonstrating their impact on the network's activity.

However, the balance quickly shifted back to traditional BTC transactions. By April 29, BTC regained dominance with 77.8% of all transactions, while Runes dropped to 18.8%. Other transactions on the Bitcoin network, like Ordinals and BRC-20, represented smaller portions.

Bitcoin Runes have not only increased transaction activity but also benefited the mining industry. U.S.-based mining firms like Stronghold Digital Mining and Marathon confirmed that Runes positively impacted both financial returns and network functionality. Since the latest Bitcoin halving, Rune transactions have added over 1,200 BTC in transaction fees to miners.

Despite the initial hype around Runes, some analysts suggest caution. Ignas, a pseudonymous decentralized finance (DeFi) researcher, noted in an April 17 X post that the market could cool off, comparing the current frenzy to the NFT craze after the post-JPEG reveal.

While the excitement around Runes might be fading, they still offer a new level of utility and potential in the evolving Bitcoin ecosystem. Lemme know in the comments if it's all fugazi or hype in your opinion.👇
#BTC #Memecoins #BullorBear #HKETF #Megadrop $BTC $ETH $BNB

Messari Reports Says These RWA Protocols To Hit $8 Billion TVL Milestone!

The tokenization of real-world assets (RWA) is exploding, with the total value locked (TVL) in this sector reaching new heights. According to blockchain analytics and research firm Messari, the TVL for RWA protocols soared to nearly $8 billion by April 26. This represents a massive 60% increase since February.

Messari notes that this rapid growth has been fueled by a preference for debt-based, high-yield investments. The $8 billion figure excludes fiat-backed stablecoins like Tether and USD Coin, focusing on carry trade protocols, underwriting, yield-bearing stablecoins, commodities, securities, and real estate tokenization protocols.

DeFiLlama's analysis supports this trend, recording a 700% growth in RWA protocol TVL since January 2023. The growth isn't just in TVL; there's also a significant surge in the number of active users. According to Dune Analytics, RWA protocols like Toucan, KlimaDAO, and Propy are attracting more users, indicating a growing interest from smaller retail investors.

Tokenized Treasuries are also making waves, with a record $1.29 billion locked in tokenized U.S. Treasuries and bonds. This figure has surged by 80% since the beginning of 2024, driven by protocols like Securitize and Ondo.

BlackRock's Institutional Digital Liquidity Fund (BUIDL) on Ethereum has become the world's largest tokenized treasury fund, while the Franklin OnChain U.S. Government Money Fund (FOBXX) has also contributed significantly to the RWA sector's growth.

Some of the hottest RWA Protocols include:
👉Toucan Protocol
👉Clearpool
👉Elysia
👉TrueFi
👉Maple Finance
👉Swarm Markets
👉Defactor
👉Ondo
👉Mantra
👉Pendle
👉Propy
👉Klimadao
👉Goldfinch
👉Curio

With RWAs on the rise and blockchain-based tokenization gaining momentum, the sector's future looks promising. Stay tuned as these protocols continue to reshape traditional financial markets with innovative on-chain solutions.
#HKETF #Megadrop #BinanceLaunchpool #BullorBear #Fed $BTC $ETH $BNB

💥BlackRock's BUIDL Emerges as Global Leader in RWA Tokenized Treasury Funds - Hits $375M, Surpassing Franklin Templeton's BENJI!🤑

Here's why this matters and how you can ride the jamboree to make a ton of money.

BlackRock's BUIDL, a new player in the tokenized treasury fund market, has quickly claimed the top spot, surpassing Franklin Templeton's BENJI fund in just six weeks. According to Dune Analytics, BUIDL's market cap surged to $375 million this week, outpacing BENJI's $368 million. This growth came as BUIDL attracted $70 million last week, with $50 million from Ondo Finance's OUSG token, a real-world asset tokenization firm.

While BUIDL's assets under management (AUM) are on the rise, BENJI's dropped by 3.7% over the same timeframe. Blockchain-based tokenization of real-world assets is gaining traction, with more than $1.2 billion worth of U.S. Treasurys now on Ethereum, Polygon, Solana, and other blockchains. BlackRock CEO Larry Fink believes tokenization could improve the efficiency of capital markets, making them more accessible and transparent.

Despite the hype, investor demand for tokenized products is still low. According to 21.co's Tom Wan, liquidity issues create a "chicken and egg problem," with issuers hesitant to tokenize without strong demand. However, Wan notes that the $140 billion stablecoin market already relies on U.S. Treasurys, suggesting a potential shift to tokenized assets in the future.

Currently, tokenized government securities make up only 1.4% of total tokenized assets, but Wan predicts this could reach 10% in the coming years. Boston Consulting Group estimates that by 2030, the blockchain-based tokenization market could hit $16 trillion.

As BlackRock's BUIDL blazes a trail in the world of tokenized treasury funds, it's clear that the industry is poised for significant growth, with the potential to reshape the financial landscape. Keep an eye on this space for more developments!
#HKETF #Megadrop #BinanceLaunchpool #Fed #BullorBear $BTC $ETH $BNB

💥Solana Memecoin Skyrockets to $320 Trillion Market Cap! Bonk Killer's Trillion-dollar Fraud 👀

Solana-based memecoins have seen spectacular gains this cycle, but not all is as it seems. Some investors are scoring big, while others are falling victim to scams. The latest frenzy revolves around Bonk Killer (BONKKILLER), a token that shot up to a staggering $320 trillion market cap within hours of launching—but there's a catch.

BONKKILLER caught the crypto world's attention with its sky-high market cap. But here's the truth: it's a honeypot scam. SolanaFloor reported that the token's creator activated a "freeze authority," locking investors' tokens and preventing them from cashing out. This manipulation pushed the market cap through the roof, creating a misleading valuation.

The scammer behind BONKKILLER seized the opportunity to cash in, swiping nearly half a million dollars in BONKKILLER and SOL tokens. They held over 90% of the token's supply and withdrew around 30,500 BONKKILLER and 1,561 SOL, worth about $420,000. Despite warnings, some investors continued buying, with $40,000 spent on the token in just 12 hours.

The Rising Risk of Solana Memecoins
This isn't an isolated incident. Memecoins on Solana are notorious for their volatility and risks. In the last month alone, 12 projects vanished after their creators abandoned them, resulting in a total loss of $27 million for investors. It's a stark reminder that, while the promise of high returns is tempting, thorough research and caution are crucial.

Before diving into the next big memecoin, make sure to investigate its background, check for warning signs, and consider whether the risk is worth the potential reward. The BONKKILLER scam serves as a wake-up call to the crypto community: be aware, be cautious, and don't let the lure of massive profits cloud your judgment.
#HKETF #BitcoinETFs #fomc #ScamRiskWarning #Megadrop $SHIB $PEPE $WIF

🥺Bitcoin Drops Below $60K After Lackluster Hong Kong ETF Launch: Futures Premium Hits 5-Month Low!👇

Bitcoin’s price took a sharp nosedive on April 30, following the underwhelming debut of a spot BTC exchange-traded fund (ETF) in Hong Kong. The anticipated trading volume for the opening day was far below expectations, totaling just $12.4 million across Bitcoin and Ether ETFs. This unexpected slump has shaken the market, leading to the lowest futures premium for Bitcoin in five months, hinting at potential bearish trends.

Broader market forces, including weak macroeconomic conditions and uncertainty over US interest rate policies, have also contributed to Bitcoin's decline. With the US Federal Reserve's next meeting on May 1, and Chair Jerome Powell’s post-meeting remarks looming, crypto traders are playing it safe.

Concerns about the U.S. market's appetite for Bitcoin ETFs are also rising, with four consecutive sessions of net outflows from US-listed spot Bitcoin ETFs. The high fees of the Grayscale GBTC ETF are driving investors away, and the Blackrock IBIT ETF has yet to gain traction. This signals a potential slowdown in institutional interest in Bitcoin-based products.

Adding to the downward pressure, the S&P 500 is heading for its first negative monthly performance in six months, and yields on U.S. 5-year Treasury notes are climbing, reflecting rising concerns about inflation and U.S. government debt. All these factors contribute to a less-than-rosy outlook for Bitcoin.

The futures premium, which reflects the difference between the price of Bitcoin in futures contracts and the spot market, dropped to 7.5% on April 30, down from 11% just a week earlier. This decline suggests a dampening of investor sentiment.

Moreso, the Bitcoin options delta skew shifted from a bullish -7% on April 28 to a neutral 1%. This suggests that while investors were initially optimistic about the Hong Kong spot ETF launch, they quickly adjusted their expectations after the low trading volumes.
#MarketSentimentToday #HKETF #BinanceLaunchpool #fomc #Megadrop $BTC $ETH $BNB

Bitcoin Mega Whales on Buying Spree: Is the Rally Set to Resume?

Recent on-chain data suggests that the largest investors in the Bitcoin market are making moves, and it could be a bullish sign for the cryptocurrency's value.

For a while, Bitcoin's price hasn't seen much upward momentum, stuck in a consolidation phase. During this time, the big players, known as "Large Holders," seemed to be on the sidelines, not making any major moves. But that changed in the past day, according to data from IntoTheBlock.

Who are these Large Holders? They're investors who own at least 0.1% of the total circulating Bitcoin supply, which amounts to a hefty sum—more than $1.26 billion worth of BTC at current rates.

These mega whales are even bigger than your typical whale investors, who usually hold between 1,000 and 10,000 BTC. So, you can imagine the impact their actions might have on the market.

IntoTheBlock uses a metric called netflow to keep tabs on these Large Holders' movements. It measures the net amount of BTC flowing into or out of their wallets. And recently, there's been a significant positive spike in this metric.

According to the data, these mega whales scooped up a whopping 19,760 BTC, valued at over $1.27 billion. Historically, such accumulations by these big players have often signaled a price rise for Bitcoin.

These latest buys might just be what Bitcoin needs to kickstart a bullish trend. However, it's worth noting that while significant, this recent spike isn't as massive as some of the buys we've seen in the past.

As of now, Bitcoin is trading around $64,500, down a bit from the previous week. But with the mega whales making moves, could a rally be on the horizon? Keep an eye on those charts!
#bitcoinhalving #Megadrop #BullorBear #Memecoins #BTC $BTC $ETH $BNB

🤑Bitcoin Halving Sparks ETFs In-flows After Days of Decline🚀

Before the recent Bitcoin halving, U.S. exchange-traded funds (ETFs) saw a turnaround in fortunes. After five days of outflows, the market suddenly saw a surge of investments.

With expectations of Bitcoin's value rising after the halving, global investment strategies advised adding Bitcoin to portfolios. The ETF market followed suit, ending a week-long streak of outflows since April 12.

Data from Farside shows that between April 12 and 18, U.S. Bitcoin ETFs experienced consecutive outflows, mainly due to reduced contributions from key players like the Grayscale Bitcoin Trust ETF (GBTC). The trend started in January when the Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs.

However, on April 19, five out of the 10 approved ETFs saw positive inflows, outweighing the GBTC outflows and bringing in a total of $30.4 million.

Despite GBTC and Fidelity Wise Origin Bitcoin Fund (FBTC) experiencing outflows totaling $47.6 million, FBTC itself brought in $54.8 million just before the halving.

Other contributors to the inflows include Bitwise Bitcoin ETF (BITB) with $4.9 million, ARK 21Shares Bitcoin ETF (ARKB) with $12.5 million, Invesco Galaxy Bitcoin ETF (BTCO) with $3.9 million, and Franklin Bitcoin ETF (EZBC) with $1.9 million.

In the previous Bitcoin halving in May 2020, the asset's market value was around $8,500. But the subsequent reduction in BTC issuance led to a surge, driving its value to roughly $65,000 in four years, as per data from Cointelegraph Markets Pro and TradingView.
#bitcoinhalving #Megadrop #BullorBear #Memecoins #BTC $BTC $ETH $BNB

🔥Bitcoin's Fourth Halving is Complete: Block Rewards Drop to 3.125 BTC! Let the Bull Run Party Begin!🚀🚀

Bitcoin just went through its fourth halving, and it's a big deal. At block height 840,000, the block rewards got cut in half, from 6.25 BTC to 3.125 BTC. That's a significant change! But here's the kicker: despite the halving, miners for block 840,000 still made bank. They snagged a massive transaction fee, over 37 BTC, worth more than $2.4 million. Talk about a payday!

Even with this historic event, Bitcoin's price stayed pretty steady, hovering above $63,000. It even hit $64,120 at one point before dipping a bit.

Right now, Bitcoin's trading at around $63,700, up about 6% in the last 24 hours. And get this: the whole crypto market's now worth over $2.4 trillion, up 4% in the last day alone.

But it's not just Bitcoin stealing the show. Other altcoins are bouncing back too. Ethereum and Binance Coin both jumped 5.5% in the last day. And check out Solana, soaring by 10% and trading at around $142.

So, why all the fuss about halving? Well, this isn't Bitcoin's first rodeo. It's had four halving events since it started in 2009. Each time, the block rewards get cut in half, creating scarcity and potentially boosting demand. After past halvings, Bitcoin's price shot up. Will history repeat itself? Maybe, maybe not. Some experts think recent developments, like the introduction of Bitcoin ETFs and increased institutional adoption, might have already factored into the price.

Plus, there's always uncertainty in the air, especially with global tensions affecting risky investments like crypto. So, buckle up, because the ride's just getting started!
#bitcoinhalving #Megadrop #BullorBear #Memecoins #BTC $BTC $ETH $BNB

Shiba Inu's Surging Open Interest on Major Exchanges Shows Signs of a Potential Comeback🚀

Shiba Inu is back in the spotlight with a sudden spike in value, even though it took a slight hit of 4% in the last 24 hours. After a quick drop to $0.00002092, it bounced back to hit $0.00002296.

The surge in interest isn't just hype. Major exchanges like Huobi and OKX are seeing a surge in Shiba Inu activity, with open interest climbing to nearly $16 million and $15 million, respectively. This means more people are jumping into Shiba Inu futures contracts.

But not everyone's cheering. Traders seem divided. While the increased interest is a good sign, the Long/Short Ratio, currently at 0.94, suggests some traders are betting on a drop in Shiba Inu's price. It's a mixed bag of feelings in the Shiba Inu community.

Looking at leveraged trading, it's clear Shiba Inu is a hot topic. Across various exchanges, open interest in Shiba Inu futures contracts is massive, totaling 2.40 trillion SHIB tokens. Some exchanges like Bitget are seeing big gains, while others like BingX and CoinEx are also on the rise.

On-chain data also looks promising. Despite recent ups and downs, the number of SHIB tokens held on exchanges has been dropping since October 2023. This suggests that long-term investors are staying confident in Shiba Inu, even during market dips.

With all these ups and downs, Shiba Inu's market remains unpredictable. But with on-chain data pointing towards long-term confidence, it's clear that Shiba Inu is a cryptocurrency worth keeping an eye on.
#bitcoinhalving #Megadrop #BullorBear #Memecoins #SHIB $BTC $ETH $SHIB

🔥Is $51,000 Bitcoin Dump Next on the Horizon or is a Whale Manipulated Surge Imminent?

When it comes to navigating the maneuvers of crypto whales, cryptocurrency markets are rife with risks, especially by the colossal players capable of swaying market sentiment at will. In their latest ploy, they're orchestrating what's known as the "fish hook🪝 fantasy," a deceptive surge followed by a sharp decline, set to unfold in just two weeks.

Picture this—BTC has been crash in the past two weeks since the Iranian revenge strike against Israel. Suddenly, the market may show signs of an upward surge, luring in unsuspecting investors with promises of profit. But hold your horses—it's a facade carefully crafted by the whales to reel in desperate traders in need of quick cash.

Thereafter, the charade may typically unfold toward the month's end, coinciding with whales settling their bills. They pump significant funds into the market, creating the illusion of a robust recovery.

Like moths to a flame, investors eagerly anticipate these price upticks, believing they signal a genuine market rebound. They dive in headfirst, hoping to capitalize on the supposed upswing.

As billions flood the market from small-scale investors, the whales seize the opportunity to amass substantial profits, capitalizing on the influx of capital.

Once their coffers are filled to satisfaction, the whales execute a swift exit strategy, withdrawing their funds from the market in a flash, leaving small investors reeling with losses in their wake.

To maintain the facade of optimism, they advocate for investors to hold onto their investments until the next surge, keeping hope alive even in the face of impending losses.

While one cryptocurrency is being exploited, the whales divert their attention to another, driving its prices skyward and leaving unsuspecting investors scrambling to join the bandwagon, only to find their returns diminished.📊🔍
#bitcoinhalving #BTC #BinanceLaunchpool #BullorBear #Memecoins $BTC $ETH $BNB

🔥Is the Bull Run Over? Here's What the Recent 19% Drop Means for Investors!💵

Bitcoin has taken a hit, dropping approximately 19% since reaching its all-time high on March 14, 2024. Investors are wondering if this signals the end of the current bull market.
Despite the dip, many experts believe this is just a normal part of the market cycle. They see it as a healthy consolidation rather than a sign of the bull run ending.

Points to note:
- Market sentiment is shifting, with more talk of the bull market/cycle and less FOMO (fear of missing out) but more FUD (fear, uncertainty, and doubt).
- Bitcoin's price decline is at odds with its usual behavior around halving events, which historically have led to price increases. The next halving is set for April 20, 2024.
- Experts like CryptoCon and PlanB emphasize the importance of corrections in a bull market, pointing to key support levels and predicting a smooth rise in Bitcoin's price.
- Historical data supports the idea that Bitcoin's price tends to surge 6 to 12 months after halving events.
- While miners might face challenges due to the halving reducing block rewards, a study suggests that well-capitalized miners can weather market downturns better.

Despite short-term uncertainties, most experts remain optimistic about Bitcoin's long-term prospects.
#bitcoinhalving #BinanceLaunchpool #BullorBear #Memecoins #BTC $BTC $ETH $BNB

🙆‍♂️Dogecoin Founder Predicts Bitcoin (BTC) Crash Post-Halving!🐻

Billy Markus recently took to X to make a tongue-in-cheek comment about Bitcoin's upcoming halving event, jokingly asking if it meant the price would be cut in half. This quip reflects concerns within the Bitcoin community about potential price drops post-halving.

Even Bitcoin maximalist Samson Mow chimed in, urging people to enjoy the current price of Bitcoin while they can, hinting at potential price volatility ahead.

As the fourth halving approaches, where block rewards for miners will be halved, anticipation is high within the community. This event is crucial for Bitcoin's deflationary nature, reducing the supply injected into the market. Samson Mow predicts a supply shock post-halving, while the emergence of demand shock is fueled by spot BTC ETFs.
#bitcoinhalving #BullorBear #Memecoins #BinanceLaunchpool #BTC $BTC $ETH $SOL

Bitcoin Hits One-month Low with Iran's Drone Launch👇: Investors Turn Cautious Amid World War III Tensions😭🤷

Bitcoin took a significant dive, hitting its lowest point in a month, as Iran's drone activity intensified tensions with Israel. The cryptocurrency plummeted 6.7% to around $62,300 per coin on Saturday, marking its lowest value since early March.

Cryptocurrencies like Bitcoin trade around the clock, offering investors a unique option for trading even on weekends. Bitcoin, known for its volatility, is often among the first assets sold off when investors become apprehensive.

During times of uncertainty, traders often seek refuge in dollar-pegged cryptocurrencies, perceiving them as safer alternatives. This move reflects a broader trend of investors flocking to traditional safe-haven assets like the U.S. dollar, gold, or government bonds.

The S&P 500 also felt the heat, dropping 1.5% on Friday amidst escalating geopolitical tensions.
#BinanceLaunchpool #BullorBear #bitcoinhalving #HalvingHorizons #BTC $BTC $ETH $SOL

🔥Crypto Market Dips Nearly 25%: Bitcoin Plummets 8% Below $62K Before Bouncing Back🚀

Bitcoin and other major cryptocurrencies faced a sharp downturn over the weekend, with Bitcoin briefly dropping below $62,000 before climbing back to around $64,000. Ethereum, BNB, and Solana also saw significant declines, with trading volume on the rise.

The DeFi sector took a hit from the market turmoil, with falling prices leading to liquidations and potential disruptions for some protocols. One closely watched project is Ethena, behind the synthetic dollar USDe, which faces challenges in maintaining its price stability amidst market volatility.

The exact cause of the market drop remains unclear, though some speculate it could be linked to reduced dollar liquidity ahead of U.S. tax deadlines. Additionally, tensions rose as Iran launched strikes against Israel, prompting concerns about geopolitical instability.

Market prices started to recover following statements from Iran's UN mission, indicating a potential easing of tensions, though caution remains amid geopolitical uncertainties.
#BullorBear #BTC #BinanceLaunchpool #bitcoinhalving #HalvingHorizons $BTC $ETH $SOL

🔥Bitcoin's Recent Brutalizing Dip Costs Traders $256M in Long Positions!😭

As traders are still licking their wound from the punishing drop in crypto prices, Bitcoin's price took a sharp dive, shedding over 7% in the past day, causing long-position traders to suffer a hefty $256 million in losses. Despite worries over geopolitical tensions in the Middle East, analysts reassure that such drops are par for the course.

"This is just a typical downturn," remarked Benjamin Cowan, echoing sentiments shared by MicroStrategy CEO Michael Saylor, who sees chaos as beneficial for Bitcoin. Crypto trader Rekt Capital remains optimistic, predicting a bullish resurgence after a short-term setback. Bitcoin dipped to $60,919 before stabilizing at $62,060, currently hovering around $63,858.

The plunge triggered a wave of liquidations totaling $319.15 million, with long positions accounting for $256.58 million and short positions $62.58 million.

Investors brace for more turbulence, with $1.05 billion in short positions at risk if Bitcoin reverts to $67,000. The broader crypto market also felt the pinch, with $945.9 million liquidated from 253,554 traders.

The fear and greed index sits at 72, indicating greed, though slightly down from last week's 78. The global crypto market cap took an 8% hit, now at $2.23 trillion.

On the flip side, demand from Bitcoin whales is surging, surpassing new supply for the first time, signaling growing scarcity post-halving.

How are you holding up your positions in the crypto market?
#BullorBear #bitcoinhalving #HalvingHorizons #BTC #SHIB $BTC $ETH $BNB

>>HodlGang