#Bitcoin 3rd Halving Occurred at Block Number 630,000

now we are in the 4th Epoch.

Congratulations 🎉

Happy Bitcoin Halving Day.. ❤️

Trade safe.. Happy Trading..

#Bitcoin Halving2020

Bitcoin Miners Will Get Newly Mined #BTC and the block's transaction fees.

Nov 2012 from 50 > 25 #BTC per block
July 2016 from 25 > 12.5 #BTC per block
In a few minutes 12.5 > 6.25 #BTC per block.

Next halving is on May 9, 2024.

Cheers .. Happy Trading..

#BTC respected our Support and jumped exactly from $8200 at the moment..

Many people ( especially new and less patient) lose money in bull market..

For example - #TNT

#TNT was moving in very Bullish direction , it went to 1345 consistently ..
People thought it will move more like #RCN #DATA #LEND and people did FOMO in that..

It dropped from 1340 to 600 in an hour.. and those who bought at peak are now with half funds of what they invested ..

So never FOMO in which is already at TOP..

That's Trading.. Trade with rules.. trade safe..

Yesterday's buy at 8550..

Target 9000 is almost reached.. we decided to take some profit now and Distribute remaining for another new updated targets.. Stop loss is also moved at +2% from entry..

:)

Bitcoin Pumped by +9% from our support of $8190-8280 exactly

$9000 has reached successfully..

$8910-9000 is still a resistance for BTC.

9360-9450 will play some Good resistance.. Breaking this can Lead BTC to $10,000 psychological resistance..

$9700-9810 is also a small resistance before that.. Also CMC (Crypto marketcap) will play important role..

CME gap around $10000 is also a catalyst, there is another small gap at $11700 around yet to be filled..

BTC is looking to reach to our final Target 10026 which is around the CME gap.. :)

Almost 90% People were bearish but I gave Spot buy at 8550 😁😁

CME gap is filled 👍👍✌️✌️✅✅😎😎

Gap was filled at 10030..

CME made a high of 10070

Usually 94 CME gaps out of 100 gets filled sooner or later..

BTC dominance gap was filled in September 2019 which was open since 18 months before..

Crude oil gap (around $12) was closed in April 2020, after 21 years (7700 days) almost..

CME had created a gap around 9300 and today BTC dumped to that level but still their is partial gap open and partial close..

Detailed analysis will be given in some minutes :)

You can follow us on Twitter and retweet , like the tweet.. we will give some Mid term alts recommendation on our Twitter..

https://twitter.com/crypto_saviour/status/1260287145526378496?s=19

#ALGO can be a good pick for mid term..

C.P 2061 satoshi

For mid term, Buy with ladder entries, 2061-1890-1690-1566

Short Term targets - 2106 2160 2250

Mid term targets 2520 3060 3850 4500

Risk management - 1.5%

Entries are given as per consideration of mid term signal.. Move stop loss at entry once price hit targets and so on..

Also #ALGO has Staking Rewards of 8-10% pa.. And 64.5% of currently circulating supply has been staked which is worth $411.9 Million..

BTC update -

BTC is holding above 9450 zone firmly indicating some bullish sentiment..
Closing Daily above 9754 will be bullish for BTC..

Supports -
$9360-9450 weak
$8910-9000 neutral
$8550-8630
$8190-8280 short term strong

Resistances -
$9844-9900 weak
$10k psychological
$10350-10440 neutral
$10800-10890

Recent CME gap around $9300 is still open while CME gap OF August 2019 around $11700 is yet to be filled..

Tight stop losses can get hit because of sudden quick updowns.. Further CMC analysis can give us more clarification..

CMC (Crypto marketcap) analysis -
CMC is trading at $262 Billion which is currently near the local resistance of $262.80 Billion and important resistance is $270 Billion as said earlier..
Closest support is $250 billion.

For more Refer the previous detailed analysis - here

Alts Marketcap -
Alts marketcap showed some more growth and closed above $81 Billion zone..
So next resistance is $88 Billion, we can expect small growth in alts if Altscap hold $81 Billion..
Refer

BTC dominance -
BTC dominance exactly touched 69.07 % before coming back..
66.60% is support now as per tradingview charts and it is important to see if support gets broken so as to leading small alts season..
Resistance of 69.07% is tested twice so you must be aware of risks while trading alts in Satoshi pair..

Another analysis coming up shortly..