shosh

[shosh @shosh768]

All 500 $BTC ($30.4M) were transferred to a wallet that had been inactive for 10.7 years.

The whale acquired 500 #BTC ($62K at the time) on January 12, 2014, when the price was $124.
#BTC #ETH #Binance

[shosh @shosh768]

Bitcoin (BTC) Is Ready to Reach $70,000: Here’s Why

CaptainAltcoin
34m
・
3.7k views
Bitcoin has been struggling to maintain momentum after briefly touching $70,000 in April. The predominant sentiment among traders has been bearish, with the price oscillating between highs around $63,800 and lows near $60,000. However, some analysts believe the bearish trend is nearing its end, and the price of Bitcoin is poised for another surge toward the coveted $70,000 mark.

Among those bullish on Bitcoin’s prospects is TradingView analyst Xanrox, who sees the recent price action as part of a corrective pattern setting the stage for a renewed upward push. In a detailed analysis, Xanrox argues that Bitcoin has completed an “ABC ZigZag” corrective move and is now ready to rally higher, with an initial target of $70,000 (or $69,577, to be precise).

Read Also: Solana Whale Turns $3.5K into $1.88M with Meme Coin MICHI

According to Xanrox, the $70,000 level represents a significant 1:1 Fibonacci extension level, which often acts as a resistance point before prices continue their ascent. The analyst expects a potential short-term pullback once Bitcoin reaches this level but remains optimistic about the cryptocurrency’s long-term trajectory, eyeing the 1.618 Fibonacci extension as the next major milestone.

Xanrox’s analysis is further bolstered by the observation of two parallel ascending channels on the Bitcoin chart. While the price remains within the larger of these channels, Xanrox suggests traders may consider selling or shorting Bitcoin upon a touch of the upper trendline, albeit not in the current bullish environment.

From an Elliott Wave perspective, Xanrox sees a “dream setup” for traders, with Bitcoin potentially in the third impulse wave of its current cycle. This presents an opportunity to ride the wave until the end of the impulse before the fourth corrective wave sets in.

BTC Bears Running Out of Steam

New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW

Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!

Sponsored

Show more +Show less –

Santiment, an on-chain analytics firm, has also weighed in on Bitcoin’s recent price action. In a tweet, the firm noted that traders are showing weak “buy the dip” interest in the latest retrace to around $60,200, suggesting a lack of faith among the crowd. Counterintuitively, Sentiment interprets this lack of interest as a strong sign that prices may be nearing a bottom, as crowd sentiment often contrasts with market movements.

While Bitcoin’s price trajectory remains uncertain, the analyses from Xanrox and Sentiment suggest that the bears may be running out of steam, and the bulls could soon regain control, setting their sights on the much-anticipated $70,000 level.

Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.Get all our future calls by joining our FREE Telegram community.

Check $RECQ Meme Coin Sponsored: Invest Responsibly, Do Your Own Research. Buy RECQ Today Serves as the base currency for all transactions within the Rebel Satoshi platform ICO stage, offering tokens at a discounted price Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.

The post Bitcoin (BTC) Is Ready to Reach $70,000: Here’s Why appeared first on CaptainAltcoin.

BTCUSDT
BTC
60975.73
-3.20%
Disclaimer: Includes third-party opinions. No financial advice. See
#BTC #ETH #Binance

[shosh @shosh768]

@LilliamNelly There will be a larger number than that number, I think it's much larger

[shosh @shosh768]

Blockchain Network Telos Receives $1 Million Strategic Investment From Presto Labs
According to Foresight News, Telos, a blockchain network, has announced a strategic investment of $1 million from Presto Labs. The funds will be used to develop a new Ethereum L2 zkEVM network powered by SNARKtor and to promote the growth of SNARKtor Labs. SNARKtor Labs is a business division of Telos based in Hong Kong, focusing on accelerating the ZK proof technology infrastructure of Telos. Telos is currently co-developing L2 with ZK research company Ponos Technology.
#BTC #ETH

[shosh @shosh768]

@arturlogunov_ There will be a number larger than that number

[shosh @shosh768]

I think I'll give it a little more time $TRON price
$TRON Price(TRX)
#btc #ETH

[shosh @shosh768]

@trvt2fENfz4oT42 You need my help with something

[shosh @shosh768]

Leave it here and say nothing

[shosh @shosh768]

@TiaritaCom Let's go bro

[shosh @shosh768]

Bitcoin can be stored in online digital wallets or offline hardware wallets for security.

[shosh @shosh768]

UNUS SED LEO 5.8661
+0.0833(+1.44%)

[shosh @shosh768]

Bali Island - Indonesia
Then take a flight to Indonesia to visit the island nation of Bali, one of the most beautiful sea islands in the world.
😍😍😍🥰

[shosh @shosh768]

There are 3 ways out of the maze. Exit A leads to a hell. Exit B leads to an assassin. Exit C leads to a lion that has been hungry for 3 years. Which exit do you choose?
Let's answer

[shosh @shosh768]

What surface is flat and spacious? People walking all the way along the streets? 🤣🤣

[shosh @shosh768]

The shorter the incense stick burns. So what tree burns longer and longer?
Do you know what kind of tree it is?

[shosh @shosh768]

The problem tests thinking in 15 seconds
After each day, the grass in the garden grows twice as much as the day before. By the 10th day, grass had grown over the garden. How many days does it take for the grass to grow in half of the garden?

[shosh @shosh768]

I was even more confused when I went to social networks and saw Vietnamese people sharing different, even opposing views in their thoughts about this war. One side supports Russia, the other side supports Ukraine, making the "keyboard war" fierce.
Naive and bewildered
You guys are so cool

[shosh @shosh768]

A farmer has 17 children. Except for 9 children, the rest all died. So how many children does he have left? You don't know, do you? 🤪🤪

[shosh @shosh768]

There is something money cannot buy. That is poverty!😑😑

[shosh @shosh768]

Horoscope of the 12 zodiac signs April 19, 2024: Cancer has good career luck. Capricorn (December 22 - January 19): Love: This zodiac sign appears shy and does not dare to express love. In your feelings, you always think that you are inferior to the other person. Career: Capricorn is the type of person who is often impatient, your actions are a bit reckless, no matter what you do