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$BCH
/USDT – Rally to $384, Now Pulling Back Slightly! 🚀📉
Bitcoin Cash hit a solid +6.32% surge to $369.9, after blasting up to $384.9 in the last 24 hours! The price is now cooling off slightly, with bulls likely eyeing a re-entry zone.
24H Performance:
• High: $384.90
• Low: $345.50
• Volume: 99.6K BCH / $36.4M
Strong hourly momentum broke key levels, but current rejection near $385 signals possible short-term resistance. Support around $365 will be critical to watch for the next move.
Pro Tip: If bulls defend the $365 zone, we could see another push toward $390—volume confirmation will be key!
#BCHUSDT #BitcoinCash #CryptoRally #AltcoinMomentum #BinanceMarket
/USDT – Rally to $384, Now Pulling Back Slightly! 🚀📉
Bitcoin Cash hit a solid +6.32% surge to $369.9, after blasting up to $384.9 in the last 24 hours! The price is now cooling off slightly, with bulls likely eyeing a re-entry zone.
24H Performance:
• High: $384.90
• Low: $345.50
• Volume: 99.6K BCH / $36.4M
Strong hourly momentum broke key levels, but current rejection near $385 signals possible short-term resistance. Support around $365 will be critical to watch for the next move.
Pro Tip: If bulls defend the $365 zone, we could see another push toward $390—volume confirmation will be key!
#BCHUSDT #BitcoinCash #CryptoRally #AltcoinMomentum #BinanceMarket
$BCH – Bullish Spike Above $370! ⚡📈
Bitcoin Cash is heating up with a +6.13% jump to $370.4, after tapping a 24H high of $384.9! Strong uptrend visible with consistent higher lows — buyers stepping in with momentum.
Volume is healthy with over 99.6K BCH moved — eyes on a breakout above $385 next!
#BCHUSDT #AltcoinRally #CryptoPump #BinanceUpdate #BitcoinCash
Bitcoin Cash is heating up with a +6.13% jump to $370.4, after tapping a 24H high of $384.9! Strong uptrend visible with consistent higher lows — buyers stepping in with momentum.
Volume is healthy with over 99.6K BCH moved — eyes on a breakout above $385 next!
#BCHUSDT #AltcoinRally #CryptoPump #BinanceUpdate #BitcoinCash
#MyFirstCryptoStory Share the first coin you ever bought. No shame if it was DOGE. We’ve all been there.
My first was #BitcoinCash and it was august 2017.
#earlyadopters but still poor ...
$BTC $ETH #
My first was #BitcoinCash and it was august 2017.
#earlyadopters but still poor ...
$BTC $ETH #
RomeoGun:
yo la primera q compre fue Btc , en 60.000 luego la vendí cuando aumento y me fui a hacer contratos , actualmente en mi billetera tengo bttc, doge, xrp y lamentablemente Trump
💸 Bitcoin Cash ($BCH ) Holding Strong — $354 & Climbing!
💰 Price: $354.09
📈 24H Change: +2.76%
📊 Market Cap: $6.98B
🔁 24H Volume: $274.8M
#BCH #BitcoinCash #CryptoUpdate #BinanceSquare
🔥 Recent Highlights
📉 Long-Term Trend: BCH still under pressure from multi-year downtrend since 2017
🌀 Harmonic Setup: Pattern forming — short-term bullish bounce possible
📊 Neutral Sentiment: Market watching key levels for a breakout
📊 Technical Breakdown
🟢 MACD: Bullish crossover — uptrend gaining strength
⚠️ RSI: Nearing 70 — overbought zone may trigger cooling
🧱 Support: $331
🚧 Resistance: $362
🔮 Forecast Outlook
🎯 Short-Term Target: $362.80
🚀 Mid-Term Potential: $447.00
🌕 Long-Term Vision: $500+ — if adoption & volume rise .
🧠 Analyst Take:
Bitcoin Cash is at a critical juncture! With bullish indicators flashing, a move past resistance could open the door to higher highs. But caution is key — long-term downtrend still casts a shadow.
👇 Are you bullish on $BCH or watching from the sidelines?
#BinanceAlphaAlert
💰 Price: $354.09
📈 24H Change: +2.76%
📊 Market Cap: $6.98B
🔁 24H Volume: $274.8M
#BCH #BitcoinCash #CryptoUpdate #BinanceSquare
🔥 Recent Highlights
📉 Long-Term Trend: BCH still under pressure from multi-year downtrend since 2017
🌀 Harmonic Setup: Pattern forming — short-term bullish bounce possible
📊 Neutral Sentiment: Market watching key levels for a breakout
📊 Technical Breakdown
🟢 MACD: Bullish crossover — uptrend gaining strength
⚠️ RSI: Nearing 70 — overbought zone may trigger cooling
🧱 Support: $331
🚧 Resistance: $362
🔮 Forecast Outlook
🎯 Short-Term Target: $362.80
🚀 Mid-Term Potential: $447.00
🌕 Long-Term Vision: $500+ — if adoption & volume rise .
🧠 Analyst Take:
Bitcoin Cash is at a critical juncture! With bullish indicators flashing, a move past resistance could open the door to higher highs. But caution is key — long-term downtrend still casts a shadow.
👇 Are you bullish on $BCH or watching from the sidelines?
#BinanceAlphaAlert
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Did you know what happened on April 17th in the world of cryptocurrencies?
On April 17, 2019, Ethereum (ETH) and Bitcoin Cash (BCH) experienced a key day:
Ethereum surpassed $170 after months of consolidation, marking the beginning of a rally ahead of the 2020 surge. On the same day, Vitalik Buterin spoke at an event about the advancements of Ethereum 2.0, generating optimism in the community.
Bitcoin Cash (BCH), on the other hand, faced controversy over its upcoming hard fork (November 2019), which would split the network into BCH ABC and BCH SV. Investors were starting to position themselves, causing high volatility.
Do you remember these moments? Tell us your experience with ETH or BCH in the comments!
#criptonews #Ethereum #BitcoinCash
On April 17, 2019, Ethereum (ETH) and Bitcoin Cash (BCH) experienced a key day:
Ethereum surpassed $170 after months of consolidation, marking the beginning of a rally ahead of the 2020 surge. On the same day, Vitalik Buterin spoke at an event about the advancements of Ethereum 2.0, generating optimism in the community.
Bitcoin Cash (BCH), on the other hand, faced controversy over its upcoming hard fork (November 2019), which would split the network into BCH ABC and BCH SV. Investors were starting to position themselves, causing high volatility.
Do you remember these moments? Tell us your experience with ETH or BCH in the comments!
#criptonews #Ethereum #BitcoinCash
💤 BCH/USDT: Is the Sleeping Giant About to Awaken? Key Levels to Watch! 🚀
$BCH
Hey Binance Square fam! 👋 **Bitcoin Cash (BCH/USDT)** has been lurking in the shadows, but recent price action hints at a potential awakening. Is this the moment for BCH to roar back into the spotlight? Let’s dive into the charts, explore its fundamentals, and uncover what’s next for this undervalued crypto titan! 🔍
---
### **📊 Critical Levels: The $400–$450 Pivot Zone**
BCH is consolidating near a **make-or-break zone**, and here’s why traders are glued to these levels:
- **🛡️ Strong Support at $400**: A historical floor where buyers have consistently stepped in. A hold here could fuel a bullish reversal.
- **🚀 Resistance at $450**: A decisive break above this level could trigger a surge toward **$500** (+25%!) and beyond.
- **📉 Bearish Risks**: A drop below $400 might spark a sell-off toward **$350**, a key support level from early 2024.
---
### **🎯 Bulls vs. Bears: Two Scenarios**
#### **1. Bull Case 🐂 (Wake-Up Call!)**
- *Break above $450*: Could ignite FOMO, propelling BCH toward **$500–$550**, especially with rising volume and positive market sentiment.
- *RSI & MACD Clues*: The daily RSI is neutral (~50), leaving room for upside, while a bullish MACD crossover could signal momentum.
#### **2. Bear Case 🐻 (Snooze Button Alert!)**
- *Rejection at $450*: Failure to break resistance might trap BCH in a sideways grind or push it back to **$350–$380**.
- *Market Headwinds*: Bitcoin’s volatility or macro uncertainty could delay BCH’s rally.
---
### **💡 Why BCH? The Peer-to-Peer Cash Vision**
Bitcoin Cash isn’t just a BTC sibling — it’s **fast, affordable, and built for everyday transactions**. Here’s why it’s a sleeper hit:
- ⚡ **Speed & Low Fees**: Processed in 2 seconds with fees under $0.01 — perfect for micro-payments!
- 🌍 **Growing Adoption**: Accepted by 2,000+ merchants globally, from travel agencies to online stores.
- 🔄 **Network Upgrades**: Innovations like CashTokens and smart contract capabilities are expanding BCH’s utility.
---
### **🔍 Pro Tips for Traders**
- **✅ Buy Signal**: Wait for a confirmed close above $450 with rising volume to validate bullish momentum.
- **⛔ Stop-Loss Strategy**: Place stops below $390 to protect against sudden downside swings.
- **📡 Track Catalysts**: Watch for Bitcoin Cash halving (April 2024), merchant adoption news, and Bitcoin’s price trends!
---
### **🌈 Final Thoughts**
BCH/USDT is at a crossroads. Will it shake off the “sleeping giant” label and surge, or will bears keep it in hibernation? Whether you’re a long-term believer in its peer-to-peer vision or a trader chasing volatility, **stay strategic and patient**.
**Remember**: Crypto markets move fast — ride the waves with discipline, not emotion! 🌊
---
**👋 Let’s Hear It!**
Do you think BCH is ready to skyrocket or stuck in snooze mode? Share your take below — let’s get the conversation buzzing! 🗨️
*Disclaimer: This content is for educational purposes only. Always DYOR (do your own research) before trading.*
#BCH #USDT #Crypto #BitcoinCash #BinanceSquare
---
*Crafted with ❤️ for the Binance Square community. Let’s unlock the future of finance together! 🔓*
Hey Binance Square fam! 👋 **Bitcoin Cash (BCH/USDT)** has been lurking in the shadows, but recent price action hints at a potential awakening. Is this the moment for BCH to roar back into the spotlight? Let’s dive into the charts, explore its fundamentals, and uncover what’s next for this undervalued crypto titan! 🔍
---
### **📊 Critical Levels: The $400–$450 Pivot Zone**
BCH is consolidating near a **make-or-break zone**, and here’s why traders are glued to these levels:
- **🛡️ Strong Support at $400**: A historical floor where buyers have consistently stepped in. A hold here could fuel a bullish reversal.
- **🚀 Resistance at $450**: A decisive break above this level could trigger a surge toward **$500** (+25%!) and beyond.
- **📉 Bearish Risks**: A drop below $400 might spark a sell-off toward **$350**, a key support level from early 2024.
---
### **🎯 Bulls vs. Bears: Two Scenarios**
#### **1. Bull Case 🐂 (Wake-Up Call!)**
- *Break above $450*: Could ignite FOMO, propelling BCH toward **$500–$550**, especially with rising volume and positive market sentiment.
- *RSI & MACD Clues*: The daily RSI is neutral (~50), leaving room for upside, while a bullish MACD crossover could signal momentum.
#### **2. Bear Case 🐻 (Snooze Button Alert!)**
- *Rejection at $450*: Failure to break resistance might trap BCH in a sideways grind or push it back to **$350–$380**.
- *Market Headwinds*: Bitcoin’s volatility or macro uncertainty could delay BCH’s rally.
---
### **💡 Why BCH? The Peer-to-Peer Cash Vision**
Bitcoin Cash isn’t just a BTC sibling — it’s **fast, affordable, and built for everyday transactions**. Here’s why it’s a sleeper hit:
- ⚡ **Speed & Low Fees**: Processed in 2 seconds with fees under $0.01 — perfect for micro-payments!
- 🌍 **Growing Adoption**: Accepted by 2,000+ merchants globally, from travel agencies to online stores.
- 🔄 **Network Upgrades**: Innovations like CashTokens and smart contract capabilities are expanding BCH’s utility.
---
### **🔍 Pro Tips for Traders**
- **✅ Buy Signal**: Wait for a confirmed close above $450 with rising volume to validate bullish momentum.
- **⛔ Stop-Loss Strategy**: Place stops below $390 to protect against sudden downside swings.
- **📡 Track Catalysts**: Watch for Bitcoin Cash halving (April 2024), merchant adoption news, and Bitcoin’s price trends!
---
### **🌈 Final Thoughts**
BCH/USDT is at a crossroads. Will it shake off the “sleeping giant” label and surge, or will bears keep it in hibernation? Whether you’re a long-term believer in its peer-to-peer vision or a trader chasing volatility, **stay strategic and patient**.
**Remember**: Crypto markets move fast — ride the waves with discipline, not emotion! 🌊
---
**👋 Let’s Hear It!**
Do you think BCH is ready to skyrocket or stuck in snooze mode? Share your take below — let’s get the conversation buzzing! 🗨️
*Disclaimer: This content is for educational purposes only. Always DYOR (do your own research) before trading.*
#BCH #USDT #Crypto #BitcoinCash #BinanceSquare
---
*Crafted with ❤️ for the Binance Square community. Let’s unlock the future of finance together! 🔓*
$BCH /USDT – Bullish Breakout in Progress!
Momentum Analysis:
Bitcoin Cash (BCH) is showing strong upward momentum, currently trading at $345.5 (+14.21%), with a 24h high of $355.9 and a 24h low of $291.1. The MACD indicator signals bullish strength (DIF: 7.6, DEA: 6.7, MACD: 0.9), reinforcing potential for further upside.
Long Setup:
Entry Zone: $340 - $346
Targets:
T1: $355
T2: $368
T3: $380
Stop Loss: Below $330
Breakout Confirmation & Key Support:
Breakout Confirmation: Above $355 with sustained volume
Key Support Levels: $340, $331
Pro Tip for Traders:
Watch for consolidation near $346 - $355. If BCH holds above $355, a strong push toward $368+ is likely. Manage risk effectively, as volatility remains high.
#Crypto #BCH #Trading #Altcoins #BitcoinCash
Momentum Analysis:
Bitcoin Cash (BCH) is showing strong upward momentum, currently trading at $345.5 (+14.21%), with a 24h high of $355.9 and a 24h low of $291.1. The MACD indicator signals bullish strength (DIF: 7.6, DEA: 6.7, MACD: 0.9), reinforcing potential for further upside.
Long Setup:
Entry Zone: $340 - $346
Targets:
T1: $355
T2: $368
T3: $380
Stop Loss: Below $330
Breakout Confirmation & Key Support:
Breakout Confirmation: Above $355 with sustained volume
Key Support Levels: $340, $331
Pro Tip for Traders:
Watch for consolidation near $346 - $355. If BCH holds above $355, a strong push toward $368+ is likely. Manage risk effectively, as volatility remains high.
#Crypto #BCH #Trading #Altcoins #BitcoinCash
Bitcoin Cash price analysis for today (March 02, 2025)
The current price of Bitcoin Cash (BCH) is $316.18, price is up by +1.25% in the last 24 hours. BCH is currently available on 71 exchanges and in past 24 hours, 715,943 BCH coins have been exchanged, which equals $226,364,029 in a trading volume.
Today, Bitcoin Cash (BCH) opened at $311.69. It's up by 1.44% from the opening price. After a drop to $310.64 it's trying to move higher. From the maximum price of the last 30, and 7 days it's value is down by -28.91% and -4.77%, and from the minimum recorded price in the same timeframe, its up by 16.73%.
According to our analysis, BCH needs to stay above $302.34 to potentially move towards the first major resistance level at $325.19. Breaking above $325.19, could see BCH rise to the next resistance level at $351.02. The third resistance is at $373.23.
If the price drops, the first support level to watch is $302.34. If this level does not hold, a further decline to the next support level at $271.88 is possible.
#BCH #BitcoinCash
$BCH
BULLISH OR BEARISH
The current price of Bitcoin Cash (BCH) is $316.18, price is up by +1.25% in the last 24 hours. BCH is currently available on 71 exchanges and in past 24 hours, 715,943 BCH coins have been exchanged, which equals $226,364,029 in a trading volume.
Today, Bitcoin Cash (BCH) opened at $311.69. It's up by 1.44% from the opening price. After a drop to $310.64 it's trying to move higher. From the maximum price of the last 30, and 7 days it's value is down by -28.91% and -4.77%, and from the minimum recorded price in the same timeframe, its up by 16.73%.
According to our analysis, BCH needs to stay above $302.34 to potentially move towards the first major resistance level at $325.19. Breaking above $325.19, could see BCH rise to the next resistance level at $351.02. The third resistance is at $373.23.
If the price drops, the first support level to watch is $302.34. If this level does not hold, a further decline to the next support level at $271.88 is possible.
#BCH #BitcoinCash
$BCH
BULLISH OR BEARISH
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$BCH
Bitcoin Cash today with green numbers 🚀
During the bull run, one should also keep an eye on $BCH .
#BitcoinCash #bitcoin #cryptocurreny
Bitcoin Cash today with green numbers 🚀
During the bull run, one should also keep an eye on $BCH .
#BitcoinCash #bitcoin #cryptocurreny
💰 Bitcoin Cash ($BCH ) Prediction: Is a Rally Ahead? 🚀$BCH
📢 Bitcoin Cash (BCH) is currently priced at $354.36, with a -3.40% dip over the past 5 days. But could BCH be gearing up for a major move? 🔥
🔮 BCH Price Predictions:
📅 5 Days: $367.80 (+2.93%) 📈
📅 1 Month: $383.53 (+7.33%) 💰
📅 3 Months: $387.66 (+8.48%) 🚀
📅 6 Months: $410.45 (+14.86%) 🌕
📅 1 Year: $287.42 (-19.57%) 🔻
⚡ Will BCH surge past $400, or is a correction coming? 💎
💬 What’s your BCH target price? Comment below! ⬇️
📢 Follow us for Bitcoin Cash updates! Let’s hit 5,000 followers! 🚀
#BitcoinCash #BCH #CryptoNews #CryptoPrediction #CryptoInvesting #Altcoins
📢 Bitcoin Cash (BCH) is currently priced at $354.36, with a -3.40% dip over the past 5 days. But could BCH be gearing up for a major move? 🔥
🔮 BCH Price Predictions:
📅 5 Days: $367.80 (+2.93%) 📈
📅 1 Month: $383.53 (+7.33%) 💰
📅 3 Months: $387.66 (+8.48%) 🚀
📅 6 Months: $410.45 (+14.86%) 🌕
📅 1 Year: $287.42 (-19.57%) 🔻
⚡ Will BCH surge past $400, or is a correction coming? 💎
💬 What’s your BCH target price? Comment below! ⬇️
📢 Follow us for Bitcoin Cash updates! Let’s hit 5,000 followers! 🚀
#BitcoinCash #BCH #CryptoNews #CryptoPrediction #CryptoInvesting #Altcoins
🚀 $BCH /USDT – Bulls Eye Key Rebound Zone! 🔥
💰 Price: $328.8 (-2.23%)
🔍 Market Overview: Bitcoin Cash is testing a critical support level after a pullback from $339.1. Will bulls reclaim momentum?
📊 Trading Data:
🔼 24h High: $339.1 | 🔽 24h Low: $323.9
📈 24h Vol: 40,279.53 BCH (~$13.35M)
📊 Depth Analysis: Resistance at $331.4, strong support at $323.9
🔥 Long Setup:
📌 Entry Zone: $326 – $329
🎯 Targets:
T1: $335
T2: $342
T3: $350+
🛑 Stop Loss: Below $323
📢 Breakout Confirmation: A close above $331 with strong volume could trigger a bullish move!
⚡ Pro Tip: Watch for a retest of $326 as a potential bounce zone. If volume surges, a breakout could be imminent!
#BCH #BitcoinCash #CryptoTrading #BNB #CryptoSignals
💰 Price: $328.8 (-2.23%)
🔍 Market Overview: Bitcoin Cash is testing a critical support level after a pullback from $339.1. Will bulls reclaim momentum?
📊 Trading Data:
🔼 24h High: $339.1 | 🔽 24h Low: $323.9
📈 24h Vol: 40,279.53 BCH (~$13.35M)
📊 Depth Analysis: Resistance at $331.4, strong support at $323.9
🔥 Long Setup:
📌 Entry Zone: $326 – $329
🎯 Targets:
T1: $335
T2: $342
T3: $350+
🛑 Stop Loss: Below $323
📢 Breakout Confirmation: A close above $331 with strong volume could trigger a bullish move!
⚡ Pro Tip: Watch for a retest of $326 as a potential bounce zone. If volume surges, a breakout could be imminent!
#BCH #BitcoinCash #CryptoTrading #BNB #CryptoSignals
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Gallery I'm RC, not that famous singer or player but one who, let's say, missed out on winning a lot, a lot more money.
In the middle of 2015 to 2016, I don't remember the date specifically, I received an invitation from a friend so that together, everyone at their own risk, could buy the so famous BTC on today's date. I remember it as if it were today,😳 the price of BTC was nothing less than 0.50 cents🥹😳, I managed to get 500 reais at the time to make the purchase that would yield me a good amount of money, I know I opened an account on a website at the time I don't remember the name and at the time of making the purchase, both my friend and I, when we saw so many financial pyramid scams that at the time were at the height of high scams, had in mind that in the case of BTC it would be the same thing, there At that moment we gave up shopping and went to live our lives and I never heard about btc or any other type of #criptomoedas 🤌 again. WHEN, if I'm not mistaken, around 8 o'clock at night, in 2021, I heard the extreme and clear news from the presenter on the national newspaper!! Bitcoin breaks its historical record of 60 thousand dollars. There, I was shocked and I saw what I lost, together with my friend, a fortune, but that old story, there's no point in crying over spilled milk, I took a deep breath and went to live, but once I didn't give importance to cryptos and only in 2023 did I really start make investments in 2995490986#ethamong others and so that history does not repeat itself today, I do not let the fear of investing speak louder than the desire to believe.
Invest with caution, and don't make losses, be patient, control your heart and let it happen, I don't think it was a mistake not to have bought BTC at that time, I think it was a learning experience that I will carry with me for the rest of my life. After all, as big investors say; We don’t have a crystal ball to predict the future 🤌
But new beginnings always exist and I'm in the middle of 2024 accumulating 14552064038
#bitcoin #binanc#eth42360427454
In the middle of 2015 to 2016, I don't remember the date specifically, I received an invitation from a friend so that together, everyone at their own risk, could buy the so famous BTC on today's date. I remember it as if it were today,😳 the price of BTC was nothing less than 0.50 cents🥹😳, I managed to get 500 reais at the time to make the purchase that would yield me a good amount of money, I know I opened an account on a website at the time I don't remember the name and at the time of making the purchase, both my friend and I, when we saw so many financial pyramid scams that at the time were at the height of high scams, had in mind that in the case of BTC it would be the same thing, there At that moment we gave up shopping and went to live our lives and I never heard about btc or any other type of #criptomoedas 🤌 again. WHEN, if I'm not mistaken, around 8 o'clock at night, in 2021, I heard the extreme and clear news from the presenter on the national newspaper!! Bitcoin breaks its historical record of 60 thousand dollars. There, I was shocked and I saw what I lost, together with my friend, a fortune, but that old story, there's no point in crying over spilled milk, I took a deep breath and went to live, but once I didn't give importance to cryptos and only in 2023 did I really start make investments in 2995490986#ethamong others and so that history does not repeat itself today, I do not let the fear of investing speak louder than the desire to believe.
Invest with caution, and don't make losses, be patient, control your heart and let it happen, I don't think it was a mistake not to have bought BTC at that time, I think it was a learning experience that I will carry with me for the rest of my life. After all, as big investors say; We don’t have a crystal ball to predict the future 🤌
But new beginnings always exist and I'm in the middle of 2024 accumulating 14552064038
#bitcoin #binanc#eth42360427454
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Since January 12, 50,100 BTC worth $2 billion have been withdrawn from the GBTC fund. What is the reason?
GBTC, recognized as a spot Bitcoin ETF, maintains a significant reserve of Bitcoin (BTC). Since converting to a public ETF, the trust has experienced significant outflows.
On Thursday, GBTC's holdings fell by 10,823.86 BTC, and after Friday's trading sessions, the fund recorded a further decline of 14,300.52 BTC. In total, since January 12, 2024, there has been an outflow of 50,106.59 BTC from the trust’s reserves, worth more than $2 billion.
Several factors are contributing to the intense sales of GBTC. GBTC shareholders were initially constrained in their actions as shares, initially trading at a premium to their net asset value, suddenly shifted to a discount. The discount appeared in February 2021 and remained almost until this year.
Long-term investors were likely biding their time until the opportunity to sell presented itself. Additionally, investors who assumed the discount would narrow and bought GBTC at a lower price can now sell their shares for a substantial profit.
#BTC!💰 #BTCUSD #BitcoinWorld #bitcoincash #BitcoinTrends
$BTC
GBTC, recognized as a spot Bitcoin ETF, maintains a significant reserve of Bitcoin (BTC). Since converting to a public ETF, the trust has experienced significant outflows.
On Thursday, GBTC's holdings fell by 10,823.86 BTC, and after Friday's trading sessions, the fund recorded a further decline of 14,300.52 BTC. In total, since January 12, 2024, there has been an outflow of 50,106.59 BTC from the trust’s reserves, worth more than $2 billion.
Several factors are contributing to the intense sales of GBTC. GBTC shareholders were initially constrained in their actions as shares, initially trading at a premium to their net asset value, suddenly shifted to a discount. The discount appeared in February 2021 and remained almost until this year.
Long-term investors were likely biding their time until the opportunity to sell presented itself. Additionally, investors who assumed the discount would narrow and bought GBTC at a lower price can now sell their shares for a substantial profit.
#BTC!💰 #BTCUSD #BitcoinWorld #bitcoincash #BitcoinTrends
$BTC
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#btc It brings profit to big fish #bitcoincash It is a breath of fresh air for poor people like us. Alt coins make us rich. Good luck to everyone in 2025.
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Saylor began selling MicroStrategy shares to buy bitcoins
The executive chairman of the technology company MicroStrategy, Michael Saylor, began selling shares of his company to buy bitcoins
Saylor filed a filing with the U.S. Securities and Exchange Commission indicating his plans to divest 315,000 MicroStrategy shares valued at $215.8 million at current prices. On January 2, Michael made his first trade, selling 5,000 securities, and plans to sell all of his assets within four months.
Information on the sale of MicroStrategy shares by Saylor
#bitcoincash
$BTC
The executive chairman of the technology company MicroStrategy, Michael Saylor, began selling shares of his company to buy bitcoins
Saylor filed a filing with the U.S. Securities and Exchange Commission indicating his plans to divest 315,000 MicroStrategy shares valued at $215.8 million at current prices. On January 2, Michael made his first trade, selling 5,000 securities, and plans to sell all of his assets within four months.
Information on the sale of MicroStrategy shares by Saylor
#bitcoincash
$BTC
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Mark Yusko: “The fair price for Bitcoin is $50,000”
Mark Yusko acknowledged that the emergence of cryptocurrency exchange-traded funds tied to Bitcoin in the United States is an important step for its widespread adoption. However, average investors, especially those from the baby boomer generation born between 1946 and 1964, may not be tech-savvy enough to understand triple-entry bookkeeping. Yusko noted that the cryptocurrency exchanges Coinbase and Kraken greatly simplify the process of buying Bitcoin for investors.
Responding to concerns that a spot Bitcoin ETF could reduce the volatility of the first cryptocurrency, Yusko said that this is a natural process that is associated with the maturation of the crypto market. The head of Morgan Creek Capital recalled the early days of Bitcoin, noting that its growth from a small pilot project to an established asset class naturally leads to reduced volatility. According to Yusko, volatility is an integral aspect of Bitcoin.
#Bitcoin-BTC #bitcoincash #etf #BTC!💰 #BTC-ETF.
$BTC
Mark Yusko acknowledged that the emergence of cryptocurrency exchange-traded funds tied to Bitcoin in the United States is an important step for its widespread adoption. However, average investors, especially those from the baby boomer generation born between 1946 and 1964, may not be tech-savvy enough to understand triple-entry bookkeeping. Yusko noted that the cryptocurrency exchanges Coinbase and Kraken greatly simplify the process of buying Bitcoin for investors.
Responding to concerns that a spot Bitcoin ETF could reduce the volatility of the first cryptocurrency, Yusko said that this is a natural process that is associated with the maturation of the crypto market. The head of Morgan Creek Capital recalled the early days of Bitcoin, noting that its growth from a small pilot project to an established asset class naturally leads to reduced volatility. According to Yusko, volatility is an integral aspect of Bitcoin.
#Bitcoin-BTC #bitcoincash #etf #BTC!💰 #BTC-ETF.
$BTC
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Some of the good news involving #ADA is its merger or collaboration with #bitcoincash , a network like this allows for better scaling of the block network, allowing a greater number of transactions thanks to proof of work. Let's hope that if this fusion #Cardano succeeds in surpassing its current prices and shows that it still has a lot to offer, if you are a cardano enthusiast I recommend purchasing.
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