โก๏ธ Revenues of Bitcoin miners reached all time high in March 2024.
๐กLast month #bitcoin miners revenue reached ATH of $2 billions . Revenues of the miners are combined from rewards for new #BTC blocks and comission rewards for processing transactions. Only $85.8 millions of March revenues dedicated from comission rewards.
๐คSeems like miners will not be so happy after halving when they will start getting only half rewards for new blocks. They can easily hold coins which will be mined after halving to simply get better price. But Bitcoin ETFs are already buying much more than miners produce
๐ Did you know that you can mine crypto with Binance pool? #Binance pool was in the top 5 pools of $BTC mining in March.
#NEWS
๐กLast month #bitcoin miners revenue reached ATH of $2 billions . Revenues of the miners are combined from rewards for new #BTC blocks and comission rewards for processing transactions. Only $85.8 millions of March revenues dedicated from comission rewards.
๐คSeems like miners will not be so happy after halving when they will start getting only half rewards for new blocks. They can easily hold coins which will be mined after halving to simply get better price. But Bitcoin ETFs are already buying much more than miners produce
๐ Did you know that you can mine crypto with Binance pool? #Binance pool was in the top 5 pools of $BTC mining in March.
#NEWS
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โก๏ธ What is next for BITCOINโ
๐ Today #bitcoin is rising by 4% trying to consolidate above $72K and reach new ATH. . Most of #crypto is in green zone, altcoins are growing some of them even faster than Bitcoin.
โSo, what is next for #BTC ? Will it be rejected again from this level like a week ago or it is finally the way up?
๐กI want to share 4 ideas.
1๏ธโฃ Now $BTC is trying to consolidate above upper border of huge bullish flag pattern on 1D timeframe which I have been writing about(see picture below๐).
๐If it consolidates then there would be most probably retest attempts and then the move back.
๐ If consolidation will not be successful the price will continue the move inside of triangle.
2๏ธโฃ Do you believe that history repeats itself? I believe that it tends to do so. I especially connected the charts from today and from 2020 (whent BTC broke that ATH) together so to see the similarity(see picture below๐). And it is really amazing. $BTC is making the same bullish flag pattern. The same 2 attempts to go down. But what is really amazing look at MACD and RSI indicators - they are like a twins. It is really fantastic๐ฅ.
3๏ธโฃReaching $72K $BTC liquidated a lot of shorts, however there are still much more liquidity
above(see picture below๐) what shows that there is still some potential in upward move.
4๏ธโฃ Interesting fact. All previous times when BTC closed two 1 month candles above upper band of Bollinger Bands it growed by 100% average during 3 following months(see picture below๐). Now two 1 months candles closed above. Will the patter be repeated?
๐ค You can make conclusions for yourself but I think that there is a good chance that history repeats itself. Especially when halving is so near.
p.s as I am always saying there are no 100% situations in crypto, so it is always good to take profit from time to time and manage your risks.
๐If you like my content, tips, likes and subscriptions are appreciated. Much more interesting content are coming!
Trade smart,
Stay safe!
#anlysis
๐ Today #bitcoin is rising by 4% trying to consolidate above $72K and reach new ATH. . Most of #crypto is in green zone, altcoins are growing some of them even faster than Bitcoin.
โSo, what is next for #BTC ? Will it be rejected again from this level like a week ago or it is finally the way up?
๐กI want to share 4 ideas.
1๏ธโฃ Now $BTC is trying to consolidate above upper border of huge bullish flag pattern on 1D timeframe which I have been writing about(see picture below๐).
๐If it consolidates then there would be most probably retest attempts and then the move back.
๐ If consolidation will not be successful the price will continue the move inside of triangle.
2๏ธโฃ Do you believe that history repeats itself? I believe that it tends to do so. I especially connected the charts from today and from 2020 (whent BTC broke that ATH) together so to see the similarity(see picture below๐). And it is really amazing. $BTC is making the same bullish flag pattern. The same 2 attempts to go down. But what is really amazing look at MACD and RSI indicators - they are like a twins. It is really fantastic๐ฅ.
3๏ธโฃReaching $72K $BTC liquidated a lot of shorts, however there are still much more liquidity
above(see picture below๐) what shows that there is still some potential in upward move.
4๏ธโฃ Interesting fact. All previous times when BTC closed two 1 month candles above upper band of Bollinger Bands it growed by 100% average during 3 following months(see picture below๐). Now two 1 months candles closed above. Will the patter be repeated?
๐ค You can make conclusions for yourself but I think that there is a good chance that history repeats itself. Especially when halving is so near.
p.s as I am always saying there are no 100% situations in crypto, so it is always good to take profit from time to time and manage your risks.
๐If you like my content, tips, likes and subscriptions are appreciated. Much more interesting content are coming!
Trade smart,
Stay safe!
#anlysis
๐1
Crypto trading and investing
โก๏ธARKMUSDT 10x LONG ENTER 2.25 - 2.20 ๐STOP 1.99 โ
1 TAKE 2.39 โ
2 TAKE 2.46 โ
3 TAKE 2.65 ๐ Good entering point. Inverse head and shoulders pattern on 1h timeframe. not a financial recommendation #FUTURES
โก๏ธ ARKMUSDT have reached TAKE 1.
๐กIt is important to move your stop loss in neutral or plus position.
๐ฐ Who doesn't like risk can fix profit. It is already more than 50%.
#FUTURES
๐กIt is important to move your stop loss in neutral or plus position.
๐ฐ Who doesn't like risk can fix profit. It is already more than 50%.
#FUTURES
๐1
Crypto trading and investing
โก๏ธARKMUSDT 10x LONG ENTER 2.25 - 2.20 ๐STOP 1.99 โ
1 TAKE 2.39 โ
2 TAKE 2.46 โ
3 TAKE 2.65 ๐ Good entering point. Inverse head and shoulders pattern on 1h timeframe. not a financial recommendation #FUTURES
โก๏ธ ARKMUSDT have reached TAKE 2.
๐กIt is important to move your stop loss in profit zone.
๐ฐHere profit can be fixed. It is already more than 85%. Move up now containing more risks...
#FUTURES
๐กIt is important to move your stop loss in profit zone.
๐ฐHere profit can be fixed. It is already more than 85%. Move up now containing more risks...
#FUTURES
โกโกโกMy new urgent post about #crypto, #Bitcoin , #Altcoins, how current pirce affected buy political situation between #Iran and #ISRAEL.
๐กLink is here, posted on Binance Square ๐
https://www.binance.com/en-IN/square/post/6734956590657?ref=311681029&utm_content=TE_whlYUJTj2kND13JhVMA&utm_campaign=app_square_share_link&utm_source=copylink
๐กLink is here, posted on Binance Square ๐
https://www.binance.com/en-IN/square/post/6734956590657?ref=311681029&utm_content=TE_whlYUJTj2kND13JhVMA&utm_campaign=app_square_share_link&utm_source=copylink
๐จ๐จ๐จ Attention to all Trustwallet IOS users.
โก TrustWallet found critical vulnerability in iMessage of #Iphone
Users. Your data such as passwords, docs and photos might be compromised.
๐กTo protect your data switch of iMessage going to settings - >messages.
#CyberSecurity
โก TrustWallet found critical vulnerability in iMessage of #Iphone
Users. Your data such as passwords, docs and photos might be compromised.
๐กTo protect your data switch of iMessage going to settings - >messages.
#CyberSecurity
โก๏ธ Officially - #tether $USDT is available on #TON blockchain.
๐กPaolo Ardoino CEO of Tether and CEO of Telegram Pavel Durovd announced launch of USDT on TON blockchain today during Token2049 #Web3 conference.
๐ช TON blockchain is created by the team of Telegram app and now it has reached top 10 #crypto by market cap.
๐ค It is interesting that Binance is one of very few exchanges who didn't list TON spot trading pair yet. Now only future contract is available. How long will Binance ignore top 10 crypto?
#NEWS
๐กPaolo Ardoino CEO of Tether and CEO of Telegram Pavel Durovd announced launch of USDT on TON blockchain today during Token2049 #Web3 conference.
๐ช TON blockchain is created by the team of Telegram app and now it has reached top 10 #crypto by market cap.
๐ค It is interesting that Binance is one of very few exchanges who didn't list TON spot trading pair yet. Now only future contract is available. How long will Binance ignore top 10 crypto?
#NEWS
๐1
โก๏ธ โกโกDear friend it has happened. bitcoin halving is officially complete!
๐กCongratulations everyone! It is the biggest event for all #crypto !
๐ Good luck with crypto trading and investing. Let's enjoy BullMarket together
#BitcoinHalving2024
๐กCongratulations everyone! It is the biggest event for all #crypto !
๐ Good luck with crypto trading and investing. Let's enjoy BullMarket together
#BitcoinHalving2024
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โก๏ธHave you seen the new website of the D.O.G.E. department?
๐ณ I think $DOGE holders will be pleasantly surprised, especially considering the token is currently up 11% on #Binance .
๐ค The only question is, when will they remove the image, and what happens next...
P.S. For those who donโt remember, Elon Musk once put a Shiba Inu logo on Twitter, and $DOGE skyrocketed. But after the image was removed, it almost returned to the same price as before.
#news #DOGE #ElonMuskTalks
๐ณ I think $DOGE holders will be pleasantly surprised, especially considering the token is currently up 11% on #Binance .
๐ค The only question is, when will they remove the image, and what happens next...
P.S. For those who donโt remember, Elon Musk once put a Shiba Inu logo on Twitter, and $DOGE skyrocketed. But after the image was removed, it almost returned to the same price as before.
#news #DOGE #ElonMuskTalks
๐1๐1
๐ฅ Whatโs happening in the market? Why is everything falling?
๐ฎ Chances are, youโre waking up and asking yourself this question if youโve already glanced at the markets โ and trust me, youโre not alone.
โก๏ธ The sell-off was triggered by a Chinese startup, DeepSeek, which introduced a new AI model. With just $10 million in investment and a 200-person team, their model has proven far more efficient and cost-effective than OpenAI and other competitors.
๐ As a result, Nvidia investors and others in the AI sector are now questioning why theyโre paying such a premium. This news caused a sell-off in Nasdaq futures, with Nvidia stock down more than 10% in premarket trading. Unsurprisingly, the crypto market followed the stock market's lead.
โ Some articles are already calling DeepSeek the "black swan" of the AI industry, speculating that Nvidia may no longer be necessary. But is the situation really that dire? Letโs dive in!
โ ๏ธ First, itโs worth noting that DeepSeek has a significant supply of Nvidia chips and access to cloud computing resources outside of China. Additionally, their model struggles with complex tasks and could face U.S. government sanctions or even be blocked if necessary.
๐ค My personal take on the situation: It feels like fear is being deliberately amplified to intensify the sell-off effect. It wouldnโt be surprising if influential figures already had advance knowledge of the FOMC decision on interest rates and GDP data and decided to stir things up ahead of time.
๐ฐ At the moment, Bitcoin has entered a key buyer interest zone. If the above theory holds true, it wouldnโt be surprising to see $BTC rebound above $100K soon and, on positive economic data, continue its climb toward an all-time high in the $100K-$110K range.
Of course if these influential figures would not want to buy even more cheaper๐
#News #AI #DeepSeek #Bitcoin
NFA&DYOR
๐ฎ Chances are, youโre waking up and asking yourself this question if youโve already glanced at the markets โ and trust me, youโre not alone.
โก๏ธ The sell-off was triggered by a Chinese startup, DeepSeek, which introduced a new AI model. With just $10 million in investment and a 200-person team, their model has proven far more efficient and cost-effective than OpenAI and other competitors.
๐ As a result, Nvidia investors and others in the AI sector are now questioning why theyโre paying such a premium. This news caused a sell-off in Nasdaq futures, with Nvidia stock down more than 10% in premarket trading. Unsurprisingly, the crypto market followed the stock market's lead.
โ Some articles are already calling DeepSeek the "black swan" of the AI industry, speculating that Nvidia may no longer be necessary. But is the situation really that dire? Letโs dive in!
โ ๏ธ First, itโs worth noting that DeepSeek has a significant supply of Nvidia chips and access to cloud computing resources outside of China. Additionally, their model struggles with complex tasks and could face U.S. government sanctions or even be blocked if necessary.
๐ค My personal take on the situation: It feels like fear is being deliberately amplified to intensify the sell-off effect. It wouldnโt be surprising if influential figures already had advance knowledge of the FOMC decision on interest rates and GDP data and decided to stir things up ahead of time.
๐ฐ At the moment, Bitcoin has entered a key buyer interest zone. If the above theory holds true, it wouldnโt be surprising to see $BTC rebound above $100K soon and, on positive economic data, continue its climb toward an all-time high in the $100K-$110K range.
Of course if these influential figures would not want to buy even more cheaper๐
#News #AI #DeepSeek #Bitcoin
NFA&DYOR
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