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💥#Bitcoin has grown to $ 68,000 today and touched the key dynamic resistance, which has not been broken for six months! At the first touch, the price plummeted by 5%, but then began to recover quickly. I rate this as an indicator of strength. I expect that there will be a short-term consolidation and an upward breakout here. But of course, in order to confidently state that the uptrend continues, we need to consolidate above the resistance.

#Bitcoin Halving in 10 hours! 👀

🎉 Congrats to Payman, BalloonDogs, & Blackwing for winning the first BNB Incubation Alliance event and being accepted into the MVB Accelerator Program! Learn more below and join us at the next BIA event during #Bitcoin 2024 in Nashville! 🇺🇸 https://bnbchain.org/en/blog/announcing-the-winners-of-the-bnb-incubation-alliance-in-brussels

🪙#Bitcoin is the best asset of 2024🥳🥳🥳

🚨Dissecting #Bitcoin FUD - You can't make this up Let's break down how the ECB's paper "The distributional consequences of Bitcoin" that was just published uses flawed arguments to manipulate your opinion on $BTC. tl;dr: >be me, crypto anon >reading ECB paper on Bitcoin >mfw it's full of FUD and logical fallacies >zero-sum game, slippery slope, appeal to fear, the works >ECB basically saying Bitcoin rise = societal collapse >ignoring all the innovation and potential upsides >mfw they cherry-pick data and experts >don't fall for their BS, anons >DYOR and think for yourself >Bitcoin ain't perfect, but it ain't the devil either Read on ⬇️ https://x.com/kingfisher_btc/status/1849398252438757485

💬 Several estimates of the current state of BTC: 🟠 .In the last 72 hours, #Bitcoin whales have sold or redistributed about $30,000BTC for $1.83 billion. 🟠 .Bitcoin has returned to the green 21-week EMA for another retest of the weekly close above the EMA, and BTC will successfully retest this EMA as support for two weeks in a row. 🟠 .Meanwhile, the world's central banks, with the exception of the Bank of Japan, are easing their policies. This increases liquidity, which is expected to have a positive impact on assets such as stocks, gold and bitcoin. A bullish pennant is displayed on #Bitcoin Daily. 📖 .There will be more certainty after the publication of the CPI data.

📉#Bitcoin worked out the negative scenario very quickly. The price broke through $ 63,000 and immediately flew to the next support at $ 60,000, from where it is trying to make a rebound. When the price is fixed below the average breakeven of short-term investors (about $ 63,000 at the moment), there is often a noticeable correction. 🖥 . The goal is very simple: to eliminate long lovers before calmly starting a bull run. Considering that we are almost on the threshold of a new bull run, the decline to another support (somewhere around 56-57 k) also looks logical.

Lower timeframe holding for #Bitcoin , triggers some more upward momentum there. https://x.com/CryptoMichNL/status/1794058467713356243?t=E5IxdiLhva57mQ5SRzAMgQ&s=19

BREAKING: 🇭🇰 Hong Kong considers allowing spot #Bitcoin ETFs in bid to create Asian digital asset hub - Bloomberg

Is #Bitcoin already near the global bottom? Historically, the very reliable Puell Multiple metric has dropped to values below 0.4, which means that miners are now earning much less than their historical average. 🟢 Over the past 6 years, this has almost always been a signal for the completion of the correction and the beginning of a new uptrend. The average cost of production of military-technical equipment tacitly supports the price. If the price of bitcoin went below this value, then not for very long. Without miners, of course, the network will simply collapse.

💰 .Seasonality #Bitcoin — average monthly return The main thing in September is to "live" until October and November 😁

September is waiting for us — one of the most unsuccessful months in the history of #Bitcoin Since 2017, #Bitcoin has had a positive September only once — last year +4% In general, the chart based on the average daily performance of $BTC in September looks like this 🧐