"Bitcoin’s Next Move? Market Eyes $75K After Halving – What You Need to Know"

Bitcoin is holding strong above $66K as the market digests the recent halving event. Historically, post-halving rallies have brought major upside momentum within 6–12 months—and this time might be no different.

Key indicators:

Hashrate is near ATH, showing miner confidence.

BTC exchange balances are decreasing—investors are holding.

Funding rates remain neutral, signaling healthy sentiment.

Meanwhile, Ethereum has reclaimed $3,200 support, and attention is shifting toward Layer-2 ecosystems like Arbitrum and Base, which could benefit from reduced congestion on L1.

Macro tailwinds: With the Fed leaning dovish and inflation slowly cooling, crypto could be set for a breakout summer.

Watchlist This Week:

BTC ($66K) – resistance near $70K

ETH ($3.2K) – breakout above $3.4K

ARB, OP, and BASE-related tokens

Are we on the verge of a new crypto cycle? Let me know your thoughts.

#Bitcoin #CryptoMarket #BinanceSquare #Ethereum #Halving2024