#CryptoCon

[dencyemily]

Interpreting Bitcoin's RSI: Potential Bearish Trend and the Prospect of BTC Dropping to the $30Ks

Bitcoin's recent recovery to $42,000 following a dip to $38,500 has ignited optimism within the crypto community, prompting discussions about whether this rebound signifies the bottom of the recent downturn. CryptoCon, an analytic platform, reports a modest recovery, and some investors are hopeful that the worst may be over. The 4-hour MACD and EMAs present positive signals, supporting the argument for a potential stabilization of Bitcoin's price in the short term.

The unprecedented surge of almost 100% before the recent pullback has challenged traditional market indicators. Analysts point out that this cycle's dynamics are distinct, with a more rapid increase than observed in previous corrections. This unique situation prompts a reconsideration of traditional indicators and necessitates a fresh perspective on the market.

Live data on Bitcoin's current price at $41,814.13, coupled with a significant 24-hour trading volume of $25 billion, indicates a 4.28% increase. The robust bullish momentum seen in the 4-hour MACD adds weight to the argument for further potential price increases. Stability suggested by the 4-hour 50, 100, and 200 EMAs contributes to the narrative that Bitcoin might be stabilizing in the near term.

Despite the encouraging signs, it's essential for investors to approach this optimism with caution. Skepticism is warranted, considering historical data's effectiveness in identifying market extremes. While the recovery appears promising, a comprehensive analysis, incorporating a broader range of indicators and market dynamics, is crucial to navigate the volatile cryptocurrency market effectively.

[kriptoradar]

Kripto Dünyasında 2024: Bitcoin'in Yarılanması, Güvenlik Zaferleri ve Oyunun Evrimi 🚀

Kripto Dünyasında 2024

🌐🚀 Kripto Dünyası 2024: Bitcoin, Güvenlik ve Oyunların Yükselişi https://x.com/kripto_radar/status/1739559450996879376?s=20 2024, kripto dünyası için dönüm noktası olabilir. Bitcoin'in yarılanması, analist tahminleri ve kripto güvenliğindeki zaferler öne çıkıyor. Bitcoin'in döngüsü, beş aşamalı bir yolculuk sunarken, güvenlikteki düşüş, sıkı yasal önlemlere ve kontrollerin artmasına bağlanıyor. Glassnode'un 2023 raporu, dijital varlıkların güçlü bir yıl geçirdiğini gösterirken, 2024'te ETF onayı ve Bitcoin yarılanmasıyla büyümenin devam edeceği öngörülüyor. Kripto oyunlar, NFT ödülleri ve DeFi entegrasyonuyla inovasyon sunarken, NFT'lerin 2024'te canlanması, güçlü topluluklar ve projelerle şekillenecek gibi görünüyor. 🎮🌌 Read the full article

[ungemmed]

I have a little bit of a unique perspective on this. I'm in my late 30s returning to school after an abortive attempt at college 20 years ago. My girlfriend also finished college as a re-entry student, and her degree is even in English Lit.

In part I can say with authority: oh my god, the kids really aren't reading. That is not exaggerated at all. My girlfriend's senior seminar -- her capstone course as, again, an English literature major -- featured approximately 200 pages of fiction and 30 pages of theory per week. This is, I hope we can all agree, a reasonable amount of reading for an English major capstone seminar. And yet, my girlfriend was routinely the only person in the class who did the reading. At one point, the professor begged, "okay, the end of this novel is the important part, so if you need to skip the middle that's fine. Just please read the last chapter." The students did not read the last chapter.

Similarly, in a class I took this summer on the connections between culture and natural resource management practices, we were asked to skim the Paris Agreement. The Paris Agreement is not what I would call scintillating prose, exactly. But... if one is taking an introductory course in the Environmental Policy department, then being asked to skim a key document defining international environmental policy seems in-bounds. And yet, there were Complaints.

I don't think this is the fault of Kids These Days, particularly. Any time you're asking "are these kids failing, or are they being failed?" the answer is probably the second one, on account of how they are kids.

But over the past 20 years we have gone from the first book kids read in high school being Great Expectations or Romeo and Juliet or something along those lines, to the first book being Ender's Game because we need to keep them reading, to, apparently, the first book being Fuck Off, Pearson Only Sells Excerpts These Days. And now we have this attitude of, oh, it is sneering cryptocon snobbery to be concerned about that.

NO. IT IS NOT. THERE ARE THINGS TO BE CONCERNED ABOUT. Here are two.

Thing one: My girlfriend, when she applies a srs analytical lens to e.g. Steve Rogers, is fond of pointing out that engagement & complexity lie in the act of reading as much as they do in the text itself. You can teach this with Ender's Game. (I'm not sure you can teach it with Fuck Off, Pearson Only Sells Excerpts These Days, but you can teach it with Ender's Game.) But you can't teach this with Ender's Game at the same time as you are treating it as an "at least they're reading" book. The way you teach it with Ender's Game is by walking folks through how Card stacks the deck to woobify Ender's ultraviolence from page one, and asking them to interrogate both their initial reaction to the text and their reaction once they see that. Is what Card's doing okay? How does this change your view of Ender? Of Peter and Valentine? Of Battle School? etc. Then maybe you follow it up with Fight Club; ask them if they can spot the same trick. Or, hell, Julius Caesar.

Thing two: Part of teaching the classics is to teach people to understand a literary argument being made from a context that is not their own! That is important actually! Perhaps Great Expectations is not the only or best way to teach that; perhaps today we want something a little bit less from a certain kind of hegemony. Fine. Sei Shonagon is right there. Chinua Achebe. Gabriel Garcia Marquez. Richard Wright. Toni Morrison. Etcetera. There's often a real racism/classism/etc embedded in arguments about the canon, I'm not going to deny that, but to some extent you need something that is not relatable to teach people to understand that which they do not immediately relate to. To some extent you need something that is difficult. If these are easy books that they were going to read anyway, they don't need a teacher to support them in interpretation and contextualization.

and idk, if I am personally offered a choice between reading LeGuin and reading Wright, I am always going to pick LeGuin, okay. but there was still value in me having been taught to read Wright. it was good to force me to ask "am I reacting to this negatively because of my internalized racism or because of the horrifying misogyny?" not very pleasant but worth doing.

anyway I really liked this set of tags from @elveny

Ppl on the other hellsite losing their minds over this in every imaginable direction lmao

[geroucherte]

движение криптовалюты сегодня

движение криптовалюты сегодня. падение криптовалюты произошло на фоне снижения фондовых рынков во время инвестиционной сессии в США. и на фоне растущих опасений по поводу более масштабного конфликта на Ближнем Востоке. власти США предупредили. что Иран, возможно, готовится нанести серьезный удар по Израилю. их выводы свидетельствуют о том. что цена Биткойна, в настоящее время, находится в зависимости. во всяком случае, от исторических бычьих и медвежьих рыночных зон. движение криптовалюты сегодня за несколько часов до заседания Федеральной резервной системы. в среду биткойн продемонстрировал самое #резкое падение примерно за месяц. это, по мнению компании, означает. что рынок еще не достиг своего пика. и созрел для принятия стратегических инвестиционных #решений. это говорит о возможности существенного изменения цен в ближайшем будущем. наблюдатели рынка внимательно следят за этими показателями. CryptoCon ожидает. что Биткойн добьется успеха в цикле. который продлится от нескольких до девяти месяцев. очевидно, после текущего периода охлаждения. на основе исторической информации из Индекса направленного движения (DMI). который является индикатором силы и направления актива. хотя вероятность ложных индикаторов уменьшается. политическая неопределенность в Европе. вызванная назначением досрочных выборов во Франции. в целом, также привела к росту индекса доллара США (DXY). прежде всего, по отношению к другим основным валютам. Read the full article

[nstbtmelb]

You're all in for a treat with [nstbt_podcast_106] from German DJ/producer: Sascha Müller

With a career that spans multiple decades, this multi genre producer has put together a mix showcasing of some of his releases under various aliases, from some of his various labels.

Ranging from hypnotic percussive techno, through to squelchy acid and the sounds of early hardcore. This whole mix is a vibe from start to finish!

His body of work is extensive, and finds creative ways of sharing his music through varying mediums such as vinyl, floppy disk and some more abstract methods.

He's a radio show host, has been nominated for the QUARTZ Electronic Music Awards in 2006 for both their 'dance music' and 'electronic music' categories.

The list goes on and on, and would do little justice to try and summarise it all.

Check out some of his band camp pages below: Proper Cuts: :https://propercuts.bandcamp.com/ Ghost Floppy: https://ghostfloppy.bandcamp.com/merch/

Thank you so much for the killer mix Sascha, and we wish you all the best for the coming year!

Thank you 🍻 ⁣⁣⁣ [track_list] 01] Atheist - The Horns Of Jericho 02] Bitterfeld - Death Is Coming 03] Atheist - If Jesus Was A Raver( 04] wAFFENINDUSTRIE - No Chance For Peace (UNRELEASED) 05] THE D3VI7 - Acid Embargo (Part 1) 06] THE D3VI7 - Acid Embargo (Part 2) 07] Sascha Müller - Rumble In The Jungle 08] Sascha Müller - Cryptocons 09] Sascha Müller - PullOver 10] Sascha Müller - Knight Rider (UNRELEASED) 11] P.B.R. - Death Row_Blunt EP 12] Sascha Müller - Exodus (Original Mix) 13] Sascha Müller - Logical Mind

If you like what you hear, be sure to like and follow his artists pages. A few seconds and a few clicks on your part can help make a difference at the end of the day.

Support the music you love, and help support the artists who create it 🙏🏻

⁣⁣[sascha_mueller_pages] Instagram: https://www.instagram.com/saschamuller7345/ Discogs: https://www.discogs.com/artist/81131-Sascha-M%C3%BCller

[nstbt_pages] Website: http://www.nosleeptillbedtime.net Facebook: https://www.facebook.com/nosleeptillbedtime/ Instagram: https://www.instagram.com/nstbt_melb/

#hardtechno #schranz #techno #Melbourne #industrialhardcore #acidtechno #industrialtechno #producer #undergroundtechno #technoculture #ilovetechno #technodj #technoparty #darktechno #party #hardcore #technomusic #underground #djlife #electronicmusic #hardtekk #tekk #djing #club #hardtechnomusic #raver #dj

(6head_slug)

[bitcoincables]

Bitcoin ETFs in the US Amass Significant BTC Holdings, Grayscale's GBTC Leading the Pack

Newly launched Bitcoin ETFs in the US have amassed a significant amount of BTC, highlighting their growing influence in the country. These ETFs offer investors new ways to gain exposure to Bitcoin. According to data from CryptoQuant, the combined holdings of Bitcoin ETFs in the US now exceed 638,900 BTC, which is worth around $26.8 billion. Grayscale's Bitcoin Trust (GBTC) leads the pack with 566,973 BTC valued at over $23 billion. However, GBTC has experienced outflows of around $5.5 billion, likely due to bankrupt FTX and investors taking advantage of previous arbitrage opportunities. 🚀

In contrast, recently introduced ETFs like BlackRock's iShares Bitcoin Trust (IBIT) and Fidelity's Wise Origin Bitcoin Trust (FBTC) have acquired over 20,000 BTC each, and their assets under management have surpassed $1 billion within just six trading days. BlackRock's IBIT has performed particularly well, ranking in the top 15% of all ETFs by assets and in the top 2% by daily volume. Other ETF issuers such as Bitwise, ARK 21 Shares, Invesco/Galaxy, Valkyrie, VanEck, Franklin Templeton, and WisdomTree hold a combined balance of around 23,000 BTC. 🔥

Analysts believe that the trend of Bitcoin's price restraint may reverse soon, with improved market conditions and a decrease in selling pressure from GBTC. Santiment, a blockchain analytical firm, highlighted bullish signals on Bitcoin's Relative Strength Index (RSI) and MVRV. The firm pointed out these signals as Bitcoin crossed the $42,000 mark on January 19. A technical analyst known as CryptoCon is also optimistic, predicting that Bitcoin could reach $130,000 by late 2025. However, the analyst advised a more conservative approach, considering the potential failure of pricing models and suggested that Bitcoin could reach $180,000 instead. 📈

(Read the original article) #BitcoinETFs #BTC #cryptocurrency #investment

[crypto-chronicles]

Prediction: Major Bitcoin Correction to $21,500 Before Soaring to New Heights

CryptoCon, a voice in the cryptocurrency analysis sphere, has recently shared via X an insightful prediction regarding Bitcoin’s future trajectory. He asserts that Bitcoin, having topped around $45,000 a few weeks ago, is on the brink of a substantial correction. This correction could range between 38% and 52%, potentially bringing Bitcoin’s value down to a bottom ranging between $26,000 and…

[thenewsart]

Crypto Analyst Predicts Bitcoin To Reach $130,000, Here's When

Amid the recent Bitcoin (BTC) price rally, cryptocurrency analyst CryptoCon has shed his optimism about the price action of the crypto asset while highlighting a bold prediction. Bitcoin To Experience Pullback Beforehand On Tuesday, December 26, CryptoCon took to X (formerly Twitter) to share his latest projections on Bitcoin. According to the analyst, the price of BTC will reach the $130,000…

[coinmystique]

Yesterday, a Bitcoin worth prediction was revealed that causes on the long run, i.e. on BTC cycles. It was posted on X (previously Twittter) by the crypto analyst who goes by the identify CryptoCon. Perhaps, I've lastly cracked the #Bitcoin code.The November twenty eighth Cycles Idea has held the important thing.Utilizing 4-year time cycles towards my Idea, produces Bitcoins actual habits in time since its inception.Cycles are centered across the… pic.twitter.com/EI8BUk285I— CryptoCon (@CryptoCon_) September 7, 2023Bitcoin’s cyclesBitcoin has a particular cycle that lasts on common about three years and ten months. That is the cycle interrupted by the halving of miners’ rewards, which is Bitcoin’s solely financial coverage measure, and it's fairly predictable.In reality, a halving at all times happens precisely each 210,000 blocks, and it sometimes takes about 10 minutes to mine a block. In concept, due to this fact, a halving ought to happen each 4 years or so, however to this point the precise common block time has at all times been barely lower than 10 minutes. Because of this, on common, a halving has occurred each three years and ten months. The primary block of the Bitcoin blockchain was mined on 3 January 2009, and the primary halving occurred in November 2012. There have been three halving occasions so far (2012, 2016 and 2020), and in all three circumstances the next 12 months triggered a serious bull run (2013, 2017 and 2021), adopted by a bear market the next 12 months (2014, 2018 and 2022).The halving is assumed to scale back the availability of BTCs available on the market, as miners are compelled to promote the BTCs they obtain available on the market to finance the excessive prices of mining (particularly electrical energy). In the event that they gather much less, they've much less to promote and this reduces provide, though not instantly.The subsequent cycleBitcoin’s subsequent cycle will start with the fourth halving, which can happen precisely on the 840,000 block that's anticipated to be mined in April 2024, or Might on the newest. CryptoCon’s forecast exhibits that the underside of each bear market has marked a reversal in bitcoin’s worth development, and this appears to have occurred even after final November’s bang.We at the moment are successfully within the fourth part of the fourth cycle, though the primary cycle is considerably completely different from the others, so it's typically not included in comparisons. The subsequent halving will begin the primary part of the fifth cycle, which in all three earlier circumstances has been characterised by a interval of rising BTC costs. This has at all times been adopted by a second part, the speculative bubble, which in flip is adopted by the third part, the bear market.CryptoCon’s Bitcoin Worth ForecastIn line with CryptoCon, the following bull run ought to begin on the twenty eighth of November 2024, with the following all-time excessive anticipated in a timeframe between the start of November and the top of December the next 12 months. The subsequent bear market low ought to be recorded in a timeframe between the start of November and the top of December 2026. CryptoCon doesn't make any worth predictions right here, solely in regards to the course of the following worth cycle. In reality, though in concept there ought to be no certainty about Bitcoin’s worth development, there may be certainty in regards to the halving cycle, i.e. the truth that BTC’s financial coverage is up to date each roughly three years and ten months. CryptoCon calls this prediction “The November 28th Cycles Theory”, as the beginning of the bull run, the height of the bubble and the trough of the bear market have traditionally occurred round this date. The twenty eighth of November can be the date of the primary halving, that of 2012. We might then be within the pause part of the fourth cycle, which ought to final till the following halving. That is traditionally the longest part of the cycle, throughout which the value of bitcoin hovers round half of its all-time excessive ($69,000 in November 2021).Halving and worth: The long-term forecast for BitcoinThough it's clear from the chart revealed by CryptoCon that the value of bitcoin has to this point slavishly adopted the halving cycle, you will need to distinguish between the 2. The actual fact is that the halving is a protected and predictable technical course of, whereas the value development shouldn't be, because it additionally depends upon exterior elements. What's shocking, nevertheless, is that in all these years, with very completely different macroeconomic circumstances, the value cycle of bitcoin has continued to comply with precisely the rhythm outlined by the 28 November concept, as if the halving cycle, mounted and sure, had managed to prevail over the unsure and fickle exterior circumstances. It's attainable that such an ironclad financial coverage does actually produce comparatively fixed and predictable results, with exterior circumstances primarily conditioning its extremes and the magnitude of the rises and falls. However, CryptoCon doesn't say on this forecast what costs bitcoin may attain sooner or later, however solely when the varied up and down phases will start and when future peaks are more likely to be recorded.Supply: https://en.cryptonomist.ch/2023/09/08/bitcoin-price-prediction-top-november-2025/!function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments);if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init',"2395903780706876");fbq('init','410702699585449');fbq('track','PageView');(function(d,s,id)var js,fjs=d.getElementsByTagName(s)[0];if(d.getElementById(id))return;js=d.createElement(s);js.id=id;js.src="https://connect.facebook.net/en_EN/sdk.js#xfbml=1&version=v3.0&appId=2059238210984591&autoLogAppEvents=1";fjs.parentNode.insertBefore(js,fjs);(document,'script','facebook-jssdk'));

[devotedlyinnermiracle]

crypt 5 currencies set to dominate in the next quarte

After a challenging year for crypto investors, the festive season heralds not only the joy of Christmas but also some potential investment opportunities.

After a long period of despair, [BTC] price starts to show some signs of making a turnaround,” posted CryptoCon on X,

and its is currently in the ‘Hope’ phase of the crypto cycle , according to a prominent analyst.

This means that investors are starting to believe in Bitcoin again after long despair,

and the price of Bitcoin has started to show signs of recovery, and it is now trading at fair value, he highlights.

Read More

[cryptodigi]

비트코인 상승에 따른 영향은?

최근에 비트코인은 상당한 상승을 경험하며 35,000달러 가까이에 도달하였고, 이는 2021년 5월 이후의 최고가입니다. 이러한 상승은 미국 SEC(증권거래위원회)가 비트코인 현물 상장지수펀드(ETF) 승인을 고려하고 있다는 기대에 따라 일어난 것으로 보고 있습니다.

블룸버그 애널리스트인 제임스 세이파트는 최근 트위터를 통해 “비트코인 현물 ETF가 올해 안에 승인될 가능성이 있으며, 내년 1월 10일까지 승인 확률은 90%로 예��된다”라고 예측하였습니다. 또한, 볼러틸리티쉐어스의 최고투자책임자 스튜어트 바튼은 “SEC가 상당수의 비트코인 현물 ETF 신청을 일괄적으로 승인할 가능성이 있다”고 예측하였습니다.

비트코인 현물 ETF 승인이 이루어질 경우, 비트코인의 가치가 급등할 것으로 예측되며, 이에 대한 다양한 예측도 나오고 있습니다. 스카이브릿지의 최고경영자인 앤서니 스크라무치는 “블랙록의 현물 비트코인 ETF가 승인되면 비트코인의 가치가 11배로 증가할 수 있다”고 전망하였고, 금융투자 베스트셀러인 로버트 기요사키는 비트코인이 3만 달러 구간을 돌파하면 다음으로 13만5천달러를 테스트할 것으로 예측하였습니다.

비트코인 기술 분석가인 크립토콘(Cryptocon)은 비트코인이 최근 움직임에서 8월의 저점을 벗어나고, 내년 1월에는 더 긍정적인 상황이 올 것으로 전망하였습니다. 그는 “내 이론에 따르면, 비트코인 가격은 연말까지 중간값인 34,500달러 부근에서 머물러 있을 것이며, 내년에는 최고가(ATH)를 향할 것으로 예상되며, 이러한 고점 예측 시기는 2024년 7월 9일에서 ±21일까지로 예상되고, 2025년 11월 28일(±21일)까지 새로운 최고가에 도달할 것으로 설명하였습니다. 최종 가격은 9만에서 13만 달러 사이가 될 것으로 예측되며, 내년은 비트코인에게 큰 기회가 있을 것이라고 언급하였습니다.

한편, 투자은행 모건스탠리는 최근의 보고서에서 비트코인의 반감기와 현물 ETF 승인이 암호화폐 시장을 촉진할 것으로 예상하였습니다. 비트코인의 반감기는 비트코인의 공급량이 절반으로 감소하는 4년 주기로, 이로 인해 비트코인의 희소성이 높아지고 가격이 상승하게 됩니다. 모건스탠리는 또한 SEC의 현물 ETF 승인이 암호화폐 시장을 대중화시키고 투자자들의 관심을 증가시킬 것으로 예상하였습니다. 이러한 요인들이 함께 작용하여 비트코인의 미래에 대한 긍정적인 전망을 제시하고 있습니다.

디지파이넥스에 관하여

2017년 싱가포르에서 시작된 디지파이넥스는 선도적인 글로벌 암호화폐 거래소입니다. 다양성, 진실성, 그리고 신뢰성의 가치를 지키며 사용자에게 암호화폐 구매, 판매, 거래, 보관, 그리고 스테이킹을 위한 안전한 24/7 서비스를 제공하고 있습니다. 더욱 많은 정보를 얻으시려면 아래의 웹사이트를 참고해 주세요.

디지파이넥스 공식 한글 트위터

디지파이넥스 카카오톡

디지파이넥스 텔레그램

디지파이넥스 링크트리

[metamoonshots]

TL;DR Specialists forecast Bitcoin’s future worth between $100,000 to $1 million. CryptoCon predicts a possible $138,000 by 2025. EGRAG CRYPTO suggests XRP might attain $27 by This fall 2025 primarily based on the “Elliott Wave Concept”; at present, XRP is in Wave 1. In below two months, Shibarium recorded over 3.5 million transactions. It goals to boost Shiba Inu’s efficiency by decreasing prices and boosting velocity. BTC to Soar by 400%? Regardless of considerably bettering its worth efficiency in 2023 (in comparison with the second half of 2022), the valuation of the first cryptocurrency continues to be far-off from the degrees envisioned by some analysts. Finance specialists like Robert Kiyosaki��(the writer of the best-seller Wealthy Dad, Poor Dad), Adam Again (CEO of Blockstream), and Tom Lee (Managing Accomplice at Fundstrat) have beforehand forecasted that it might surpass the $100K coveted degree sooner or later, whereas the perma-bull Michael Saylor set a price ticket of a whopping $1 million. The latest prediction got here from the X (Twitter) person CryptoCon, who believes the asset has the potential to skyrocket to roughly $138,000 by the top of 2025. The surge might grow to be a actuality provided that BTC overcomes sure resistance ranges and will get a severe enhance from the upcoming halving (scheduled for the spring of subsequent 12 months), the analyst assumed. Is Now a Good Time to Purchase XRP? Ripple’s native token – XRP – has additionally been within the highlight recently, with quite a few people forecasting a possible bull run. The favored X person EGRAG CRYPTO said earlier this week that the asset would possibly attain the considerably absurd $27 by This fall 2025.  The analyst primarily based his most up-to-date analysis on the “Elliott Wave Concept,” which has 5 progressive phases. The third part is taken into account a “game-changer” and will propel a fast enhance.  “Wave 3 emerges because the development’s dominant drive, eclipsing different waves in dimension and affect. Wave 3 usually extends Wave 1 by a ratio of roughly 1.618, portray a promising image for XRP’s future,” they defined. Nonetheless, EGRAG CRYPTO reminded that XRP continues to be within the first stage, known as Wave 1. SHIB’s Newest Achievement Subsequently, the favored memecoin Shiba Inu, particularly its layer-2 blockchain resolution Shibarium, recorded one other achievement. The community’s whole variety of transactions surpassed 3.5 million, whereas whole blocks have exceeded 1.2 million. Shibarium noticed the sunshine of day lower than two months in the past however retains smashing milestones. It goals to raise Shiba Inu (SHIB) above its rivals within the memecoin realm by decreasing transaction prices and bettering velocity. These keen to study extra on the matter can examine the video beneath: [embed]https://www.youtube.com/watch?v=rYzZWZqXspo[/embed] SPECIAL OFFER (Sponsored) Binance Free $100 (Unique): Use this link to register and obtain $100 free and 10% off charges on Binance Futures first month (terms).PrimeXBT Particular Supply: Use this link to register & enter CRYPTOPOTATO50 code to obtain as much as $7,000 in your deposits.

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Bitcoin and crypto markets are highly cyclical, and patterns have emerged that have repeated every cycle so far. Bull markets have followed halving events, but a large pullback has come in the period just before them, which is about now.  With around six months to go to the next Bitcoin halving in April or May next year, analysts are looking for signals from previous cycles. Bitcoin Halving Cycles Repeat On October 13, crypto trader and analyst ‘Rekt Capital’ posted a rather bleak reminder of what happened at the same point in previous cycles.  With less than 190 days to go before the event, it could give us an indication of where prices are going for the rest of this year. In 2015, BTC prices retraced 25% around six months before the 2016 halving.  Furthermore, BTC prices dumped a whopping 38% in late 2019, which was also around six months before the 2020 halving.  BTC pre-halving price action. Source: X/@rektcapital A similar retrace during this pre-halving period could send BTC prices plunging back to the $20,000 level. Moreover, the notion of a November dump has been echoed by several analysts recently.  Earlier this week, technical analyst ‘CryptoCon’ compared previous market cycles in the runup to the halving.  The past two had similar six-month sideways trading periods leading up to the end of the year. In 2023, crypto markets have been sideways for the past seven months.  However, November saw prices retreat to lows, which became the pivot for the next bull market. He said, “We’re still waiting for the one date when these cycles lined up perfectly… November 21.” Bitcoin halving cycles compared. Source: X/@CryptoCon History Rhymes  Crypto trader and analyst ‘Mags’ made a similar observation, noting how much BTC was down from its peak six months before the halving.  In 2015, BTC was 65% below its all-time high at this time in the cycle. In 2019, BTC was around 60% below its ATH and in 2023, BTC is currently 61% below its ATH. The asset is currently trading flat on the day at $26,789 at the time of writing. However, it has dropped around 4% since the weekend.  There is solid support at $26,000, where it spent a month from mid-August, so this is likely to be its next move.  If the cycles are destined to repeat, it could quickly fall much lower. 

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A Peek into the “November 28 Cycles Theory”

Bitcoin has been hibernating for the better part of two years. Sure it enjoyed a good run earlier this year, but Bitcoiners have been twiddling their thumbs waiting for a hint of a bullish return. It’s like waiting for the final season of your favorite show – you know, the one that keeps getting postponed?

While the wait has seen a flurry of theories, Bitcoin’s BFF (Best Financial Forecast) might just come from an unexpected source.

Is it a bird? Is it a plane? No, it’s… CryptoCon’s tweet. The popular analyst has seemingly cracked the Da Vinci code of Bitcoin, offering a dazzling theory that suggests we might just be on the brink of another Bitcoin bonanza. Read More...

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Investors Seeking Signs For Potential Forthcoming Bitcoin Rally

As Bitcoin (BTC) continues to trade within the familiar territory below $30,000, investors are searching for potential signals that could indicate a forthcoming rally in the coming weeks. Analysts have noted that the maiden cryptocurrency is teetering on the edge of a potential breakout following the emergence of crucial patterns.

In particular, crypto analyst, CryptoCon, in an X post on August 12, observed that a Bitcoin rally might be looming on the horizon. This sentiment arises from the manifestation of a significant signal known as the “Monthly TD Sequential Golden 7.”

This signal, according to CryptoCon, serves as the “gatekeeper to the bull run,” and its presence is seen as a promising indicator of an impending bullish trend in the Bitcoin market.

According to his analysis, the signal’s absence in 2019 led to a prolonged sideways movement of the cryptocurrency, frustrating investors and stalling the emergence of a full-fledged bull market.

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Bitcoin (BTC) is on the verge of a bullish breakout, CoinEdition analyst says

©Reuters. Bitcoin (BTC) is on the brink of a bullish breakout, analyst says The technical analyst CryptoCon believes that it is only a matter of time before BTC starts to “rise”. At the time of writing, the price of BTC had printed a slight 24-hour gain, pushing the price back above $27K. BTC may convert the $27.3K resistance into support in the next 24-48 hours. CryptoCon, a technical analyst,…