Days before the 2024 Bitcoin halving**, one of the most important developments in the Crypto money market BTC witnessed significant price fluctuations. The fluctuations in the daily price of Bitcoin indicate that the asset faces significant risks. Analysts' forecasts for the cryptocurrency, which fell to $62,000 in the first trading hours of the day and gave dangerous signals below the resistance point, also changed. However, the Ark Invest analyst, who made a statement about the expected effect of the halving, made important warnings about the halving.
@cburniske, one of Ark Invest's popular analysts, revealed the historical charts of the halving and stated that the halving is not as simple as it is perceived with the fall model. The analyst usually divided the post-halving period into a period of rise followed by calming down.
He showed the current position of BTC by taking the graph in which he showed four different periods. He referred to this position as "lettuce hands" and described quick sales. At the end of this process, where growth slows down and Bitcoin supply will decrease, it is thought that those who do not sell will make gains.
leading digital asset, which has been fall since April 12, has lost 10 percent in the last 1 week due to the decrease in confidence in risky assets after the global Iran-Israel tension, as well as the general fall trend. After a short-term recovery trend, it fell from $71,000 to $62.8,000. Moreover, the probability of the Fed interest rate falling seems to have pushed the BTC down further.
However, well-known crypto analysts changed their BTC price predictions before the halving, addressing the levels that could be encountered in a critical support level drop below $62K. In his latest post, famous market analyst Ali Martinez stated that BTC may be in a more difficult situation if the asset falls below the critical support, and that the next resistance zone may be $51,500. On the other hand, it points to the $66,250 level in case of a rebound.
BTC price 2024 Bitcoin halvinge remains uncertain days away. Looking at its performance in the last 24 hours, the asset, which visited the level of 64.24, fell back to $62K and is trading at $62.63 at the time of writing. Trading volume is down 21%, indicating a loss of investor interest. In addition, according to the CryptoQuant report, it was announced that Bitcoin withdrawals on exchanges reached record levels.
Finally, for investors who want to learn more about the cryptocurrency market and conduct their own analysis, the 99Bitcoins platform is recommended as one of the high-potential crypto projects. This project, which allows you to earn as you learn, offers access to crypto courses on many different topics with its L2E model. At the time of writing, the token is in pre-sale stages at $0.00101.
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The information in the content of the article is for informational purposes only. It does not constitute any investment advice. The author and kriptoparahaber.com are not responsible for your profit or loss arising from the investments you make. Investment is ultimately based on many foundations such as knowledge, experience, research and personal decisions.
The cryptocurrency market, which started the week of April 15 with an optimistic atmosphere, is gaining value under the leadership of Bitcoin and Ethereum. The market, which fell to 2.21 trillion due to geopolitical reasons caused by the Iran-Israel war, started the week with an increase of 2.23 percent and reached 2.42 billion again. In market conditions, which are now showing signs of recovery Bitcoin experienced a slight retreat after a 4 percent rise. With the rise of BTC, ETH increased by 6.5 percent, and assets such as BNB, SOL, TON coin showed a recovery of between 5 and 10 percent.
After the ETF and Ethereum ETF applications on the Hong Kong stock exchange, cryptocurrencies started to recover. Bitcoin price is trading at $66,000, while leading second cryptocurrency ETH is trading at $3.23, up 6.60%. BNB token managed to reclaim the $580 level with a 4% rise. According to CoinMarketCap data, Solana was one of the biggest gainers of the day, rising 8.23%. However, assets such as ADA and AVAX increased by over 5 percent.
Meme coins, on the other hand, recovered quickly and started to compensate for their losses. DOGE reclaimed the $0.16 level, up 5.20 percent. Altcoins and meme coins in the Solana ecosystem also showed gains of between 6 and 17 percent. Render and The Graph (GRT) were among the top gainers with an 18% increase.
Despite the improvement in the Crypto market, economist Peter Schiff touched on the trajectory of the Bitcoin and talked about critical support levels in his latest X post. The economist underlined that $60,000 is a very important support zone for BTC and claimed that a triple top could form in the event of a breakout. He explained that if the triple top model is entered, there will be a big loss in the asset and a pullback towards $20,000 to the downside may come.
BTC technical chart indicates that the asset could fall towards $60,000, but a decline towards $20,000 is unlikely. Finally, the 50-day EMA and 200-day EMA levels indicate significant support on the price. On the other hand, the increase in BTC dominance reached 55 percent against the general market, reaching the highest level in the last three years. It is estimated that the market value will continue to increase with the inflow of funds in the BTC ETF.
However, as the uncertainty in the last-minute cryptocurrency market continues, emerging projects such as 99Bitcoins allow investors to learn more about the market. The pre-sale project of the 99Bitcoins platform has a system that gives you the opportunity to earn as you learn. The project, which encourages token holders to learn with the L2E standard, includes crypto courses and interactive tutorials. The token, which was last offered for sale at $0.001, has early buying opportunities.
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The information in the content of the article is for informational purposes only. It does not constitute any investment advice. The author and kriptoparahaber.com are not responsible for your profit or loss arising from the investments you make. Investment is ultimately based on many foundations such as knowledge, experience, research and personal decisions.
After the halving of the Bitcoin, which took place on April 19, the cryptocurrency market began to recover. After the 4th halving, economists put forward stunning price predictions for the Bitcoin, but the asset is currently trading at a 1.7% rise. leader cryptocurrency hovered around $65,000 with this modest rise, while altcoins exhibited a rise between 4 and 20 percent in the early trading hours of the day. While it was wondered whether the acquisition pressure would continue in favorable market conditions, the recovery trend in the market created an optimistic atmosphere for many investors.
With leader altcoin Ethereum, major cryptocurrencies in the altcoin market gained between 4 and 10 percent. Ethereum has rallied 3.52% to back above $3,100 and is trading at $3,173 at the time of writing. In addition, Solana is up 6 percent at $150. Its Ethereum competitor, SOL, which has made a series of improvements by overcoming network congestion, is moving in a rise tendency.
The price of XRP, which moved in the $0.50 region support level psychologically, increased by 4.24 percent on the day, extending its weekly gain to over 7 percent. Cryptocurrencies such as Avalanche (AVAX), Polkadot (DOT), Chainlink (LINK) have recovered over 5%. However, Polygon, which rose by 7 percent, continues its steady growth by exhibiting an increase in the number of active users.
After the Bitcoin halving, the cryptocurrency industry that showed the most rise in the last 24 hours was artificial intelligence tokens. The cryptocurrency market cap of AI tokens rose by over 7% to over 37 billion. The top gainers in the sector, whose trading volume increased by 16 percent, were NEAR, RNDR, GRT, THETA, FET, AGIX.
These assets, which have increased between 7 and 10 percent, have become an important choice for the upcoming altcoin season, indicating that they are the choice of more investors with their growing market volume
The breast coin sector, which showed rapid rise in the last 24 hours, showed a growth of 12 percent. Among the fastest-rising assets are popular assets such as PEPE, SHIB, FLOKI, and WIFI. PEPE price rose 20% to $0.000006162. With an increase of 24 percent, FLOKI achieved a 152 percent rise in trading volume. The meme coin, which is gaining momentum with market optimism, is expected to take another 0 out of its price.
Another meme coin that rose the most was BONK. The price of the asset, which has gained 40% in the last 24 hours, has risen to $0.00002099. The trading volume of the asset, which is among the cryptocurrencies gainer 100x, has increased by over 300 percent.
The information in the content of the article is for informational purposes only. It does not constitute any investment advice. The author and kriptoparahaber.com are not responsible for your profit or loss arising from the investments you make. Investment is ultimately based on many foundations such as knowledge, experience, research and personal decisions.
Robert Kiyosaki, a well-known author and financial educator, shared his price predictions about BTC by touching on the situation of Bitcoin in his latest X post. In her post, the author shared some posts about Cathie Wood, the founder of Ark Invest. While the analyst expressed his agreement with Wood's views, he stated that he thinks that excessive predictions about BTC may turn out to be correct.
In a recent research report, Wood expressed his views on 2024 cryptocurrency predictions, claiming that Bitcoin could rise to $2.3 million. Wood expressed these views in the report of Ark, the company he founded. He also raised his opinion even further, bringing his price prediction to 3.8 million. While these predictions, which are considered too high by many analysts, are considered unlikely to come true, Kiyosaki, author of the book Rich Dad, Poor Dad, said he agreed with Cathie Wood. If Cathie is right, the price of Bitcoin will increase significantly, he said, and he thinks Bitcoin will continue to appreciate.
In his post, Kiyosaki X praised Wood for his bold views, while also emphasizing the need to have tolerance for making mistakes. While the financial writer stated that he will invest more Bitcoin, he also announced that BTC could reach $300,000 before the end of 2024.
Following Kiyosaki's posts and Wood's ambitious predictions, the cryptocurrency market gained 3.66% on Thursday, April 11. With this rise, the Bitcoin rose above 70 thousand dollars again and exhibited a strong growth of 4.25 percent. The asset, which has a market capitalization of 1.4 trillion, is estimated to approach the level of 73 thousand dollars again.
Although the rise in the BTC price created excitement in the cryptocurrency ecosystem just days before the Bitcoin halving, it should be taken into account that the leading digital asset followed a fluctuating course throughout the week.
There are last 8 days left until the Bitcoin halving event, one of the most anticipated events of the year. In these days when BTC mining is on the agenda, cloud-based mining models such as Bitcoin Minetrix have started to come to the fore instead of the traditional mining approach. This modern project, which eliminates the difficulties of traditional mining, makes it possible to make a profit with its safe approach among cryptocurrency predictions 2024. The Bitcoin Minetrix project, which is trading at $0.0146 and will increase in price after listing, is expected to gain more value after the halving event.
The information in the content of the article is for informational purposes only. It does not constitute any investment advice. The author and kriptoparahaber.com are not responsible for your profit or loss arising from the investments you make. Investment is ultimately based on many foundations such as knowledge, experience, research and personal decisions.
XRP news: The 4-point decline in Bitcoin price with the announcement of US CPI data created a downward feeling in the cryptocurrency market and dragged altcoins down. While assets such as Ethereum, Solana, Dogecoin, ADA, AVAX are losing value by more than 5 percent, there are also significant fluctuations in the price of XRP. Ripple's XRP lost 5 percent in value in the last 24 hours, falling from $ 0.64 to $ 0.60. With this retreat in the price of the altcoin, the statements about the stablecoin project that Ripple plans to launch further triggered speculation.
Recently, Ripple announced in a statement that it would launch a dollar-backed stablecoin project on the XRPL network. Ripple CEO made this initiative by emphasizing that the stablecoin market is growing and gaining strategic importance. He also demonstrated his determination for the project by sharing his thoughts that the value of XRP will increase by entering this growing sector.
According to press time on Wednesday, April 10, the asset, which has lost 4.20 percent of its value in the last 24 hours, is traded at $ 0.60. The altcoin, which ranks 6th in terms of market volume, faced yellow pressure by decreasing 9.46 percent in transaction volume during the same period.
XRP technical chart / RSI and BB indicators Despite following a fluctuating course in the last week, the Relative Strength Index (RSI) of the altcoin, which lost some of its gains and lost its upward momentum, is in the 48 region, showing that the selling pressure is in the neutral zone in the short and medium-term forecast. In addition, since the 9 EMA value and the 20 EMA value, which shows the Exponential Moving Average value, are valued in an equal range, the trading pressure is seen to be equal.
Cryptocurrency analyst @B_arri_C, who made various analyzes on the X platform, announced important support levels for XRP. In his post, the analyst says that the cheapest XRP right now could be anywhere below $0.80 and underlines significant opportunities to buy this altcoin.
It indicates that important buying opportunities may arise between 1 and 3 dollars at the end of an expected bull run. He also stated that the altcoin will gain value between $10 and $15 in the next Bitcoin halving event (2028-29).
In his longer-term predictions from 2023 to 2033, he thinks that the altcoin will have a price range between $100 and $500.
As a result, the altcoin, which has an important position in the cryptocurrency market, is among the altcoins expected to rise in the next bull run with Ripple's growth plans. In addition to altcoins such as XRP, which offer different opportunities for investors, there are also projects such as Bitcoin Minetrix that should be followed before the upcoming halving event.
Bitcoin Minetrix offers safe and simple use with its cloud mining system as an alternative to traditional mining. It eliminates the risks of third-party fraud and provides every investor with the opportunity to make a profit through mining with its easy use.
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BTCMTX, the native token of the project, enables passive and active earnings through staking. The price of the token, which can be purchased at affordable prices before it is listed, is $0.0146. Additionally, the project continues to grow, collecting $14,048,418 according to the most recent data.
The information in the article is for informational purposes only. It does not constitute any investment advice. The author and cryptoparahaber.com are not responsible for your profit or loss arising from the investments you make. Investment is ultimately based on many foundations such as knowledge, experience, research and personal decisions.
Altcoin News: The cryptocurrency market, which started the week with a positive trend, followed a horizontal course as of Tuesday, April 9. With only a few days left until the halving event, Bitcoin reached 70 thousand dollars again and is trending horizontally at this level. While Ethereum and other altcoins showed small downward movements, assets such as XRP, Toncoin, and ADA continued to increase at significant rates. In addition, the on-chain analysis firm discussed the crypto money sectors that made significant gains in April and touched upon the assets that will bring profit in the coming period.
Santiment, an on-chain monitoring and analysis company that addresses growth sectors in an X post on Tuesday, April 9, touched upon the growth rates of sectors in the watch lists section. According to the analysis company's shares, the Artificial Intelligence and Big Data sector grew by 8.65 percent, while the growth in the DeFi field was 7.76 percent. In addition, while the total volume of the NFT market increased by 6.74 percent in the last 7 days, the Liquid Staking protocol, which protects the liquidity of assets, also grew by 8 percent.
In addition, the analysis firm's highlighting of AI tokens attracted attention, because the sector in which many investors expected the most development by the end of 2024 was AI tokens. In the AI token ecosystem, NEAR has gained 18.88 percent and TAO has gained 6 percent in the last week.
Source: Santiment watch list There are also newly released AI tokens such as eTukTuk, which can be purchased at advantageous prices before listing. eTukTuk is one of the artificial intelligence-supported projects that offers environmentally friendly transportation solutions for a sustainable future. The most striking aspect of the project is that, although it has a play-to-win theme, it can be used in blockchain-based charging stations for TUK vehicles in the real world.
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According to the latest data, the environmentally friendly token eTukTuk, which is in the pre-sale phase and can be purchased before it moves to a new stage and its price increases, is traded at 0.0295 dollars. The asset purchased by connecting a wallet with options such as ETH, USDT and card continues to grow, collecting a total of $ 2,974,083.
After the last bull run, some altcoins performed well against horizontal market conditions and moved ahead of the market. These altcoins, confirmed by Santiment data, include ERC20 tokens, TON, ENA, LDO. Among these rising assets led by Ethereum, Telegram company's local token Toncoin attracts attention with its rise in the last 24 hours. The asset, which rose to $6.59 with a 35 percent price increase in 7 days, is among the coins expected to rise according to the Santiment post.
Lido DAO (LDO) coin is an asset with growth potential with its technical indicators, in addition to gaining more than 7 percent in the last 7 days. LDO, which has a moderately volatile trend with an RSI value of 51.64, is traded at $2.84. While Ethana (ENA) coin was traded at $1.25, it grew by 3.45 percent in the last week. The asset, which came to the fore with whale share sales, can be considered among the prominent coins of the week to watch in terms of weekly and monthly earnings.
The information in the article is for informational purposes only. It does not constitute any investment advice. The author and cryptoparahaber.com are not responsible for your profit or loss arising from the investments you make. Investment is ultimately based on many foundations such as knowledge, experience, research and personal decisions.