The Avg Mining Cost for #Bitcoin has spiked to $85,434.

- Yearly Avg Cost is $40k.

- In 2021 Bullrun Mining cost dropped by -50%. (Might Repeat)

- Large mining companies try to keep btc price down to bankrupt small miners.

@Altcoin_Charts

🇺🇸 PNC Bank has $10m in #Bitcoin ETF exposure across 6 ETFs, per SEC filings.

The 8th biggest bank in the country.

@Altcoin_Charts

💰 #Bitcoin is replicating the same path as it did after the 2016 Bitcoin halving event , with one indicator signaling it may be nearing its local bottom and another indicating it reaching $350,000 during "the peak" of this cycle. 💥

However, the price drawdown from the all-time high (ATH) chart — which measures the decline from Bitcoin's peak to its lowest point over a specific time frame — suggests a much more ambitious price.

@Altcoin_Charts

#Bitcoin 📱 is still moving in a bearish channel on the 4-hour time frame. After reaching the top of the channel, it could not pass through it and started to decrease again.
The support level of $57,500-$56,200 is important and there is a high probability that the price will fall back to this level and reach the bottom of the channel.

@Altcoin_Charts

🇸🇻 El Salvador releases new website that keeps track of their National #Bitcoin 💰 Treasury.

@Altcoin_Charts

Galaxy Digital CEO predicts #Bitcoin to trade between $55,000 and $75,000 in the next month, with potential upside towards the end of Q2.

@Altcoin_Charts

937 financial firms disclosed spot #Bitcoin ETF holdings in Q1 2024.

Gold ETFs had just 95 firms invested in its first quarter.

@Altcoin_Charts

💰 #Bitcoin Balance on Exchanges just reached a 5-year low of 2,287,978.844 BTC

@Altcoin_Charts

The Price of #Bitcoin 🪙 on Pizza Day

Today: $70,000
2023: $26,773
2022: $29,492
2021: $37340
2020: $9060
2019: $7958
2018: $8355
2017: $2109
2016: $439
2015: $241
2014: $523
2013: $123
2012: $5.10
2011: $6.12

@Altcoin_Charts

🪙98.5% of #Bitcoin circulating supply in profit

@Altcoin_Charts

The price of #Cardano started to grow after being compressed in the price area of ​​$0.4250 and was able to break the dynamic resistance.
The first resistance level is $0.5500-0.5800.

Considering many factors like US500, EURUSD, #Bitcoin, #ETC, and the favorable conditions of the market , we expect #ADA to move upwards .

Cardano, compared to the growth of other currencies, did not move significantly yet, so It is possible to make a good profit from Cardano

Let's see what happens this time ...

@Altcoin_Charts

After reaching the support level of $2870-$3030 , #Ethereum price grew by more than 30% and was able to easily exit the bullish flag.

The price started to decrease yesterday following the news of the approval of #Ether ETFs like #Bitcoin ETFs . the days who followed BTC approval price dropped around 17%, probably in this case it could be more.

if price of ethereum breaks below yesterday's daily candle low, a move down to $2650 should be anticipated. the market would likely consolidate until mid-June.

@Altcoin_Charts

#Bitcoin price decreased by more than 5% after reaching the resistance level of $72000-$74000 and the ceiling of the ascending channel at the same time as the news.

The price moves in the ascending channel, and therefore, there is a possibility of further price reduction to the bottom of the channel.
The main support level is still $57,500-$56,200.

@Altcoin_Charts

#MtGox transferred a total of 12,240 #BTC🪙 to an unknown wallet, worth over $844 million.

This transfer caused the price of #Bitcoin to decrease by 4% and reach $67,500

@Altcoin_Charts

The price of #CHZ has recently formed an ascending channel in the 4-hour time frame.

Despite the corrective state of #Bitcoin, #Chiliz is currently undergoing a pump

Price after reaching the ceiling of the channel and the resistance zone of $0.163-0.168, it started to decrease.
It is expected to continue moving in the ascending channel.

Short-term trend is Strong Up, Medium-term trend is Up and Long-term trend is Up.

@Altcoin_Charts

🇺🇸 US Senator Cynthia Lummis says #Bitcoin 🪙 and crypto are "going to be an important part of our economy going forward."

@Altcoin_Charts

#Tron 🔻, #Bitcoin 🪙, #Ethereum ⚪️, #Litecoin 🔵 are the leaders by the number of active users. #Dogecoin 🐶 is in fifth place.

@Altcoin_Charts

#Bitcoin 🪙 is moving according to the channel formed in the 4-hour time frame, and after reaching the resistance level of $72,000-$74,000, which was the top of the channel, it started to decline and has now reached the bottom of the channel.

The area of ​​the bottom of the channel can be a stabilization area for the price, and the price can start to grow again to the specified resistance level. If this area is breached, the price will decrease to the main support level of $57,500-$56,200. .

@Altcoin_Charts