The Production cost of #BTC 1 Bitcoins is approximately 47,000 USD as of January 1, 2024. So, what is the Production cost of 1 Bitcoin now? Currently it is 51000 USD, that was the real question and we can call it the bottom price point of Bitcoin. Bitcoin will not be cheap after this period as the cost will increase after Halwing. The pressure to reduce the price is for 20 days. Therefore, there is a lot of data etc. Fed Sec, a sale that deepens and spreads fear to the society. Basically, this is the only way we can analyze the price... This is what#Halvingactually means
Follow us to be informed about our General Market Analysis and content and like it if you are satisfied đ #XRP #XRPL
#ENA #ethena Our analysis It is trying to gather volume above the 0.865 support on a daily basis. It is trying to break the Descending Wedge diagram accordingly. The closest target will be 1.2 USD and 4-hour closing 80% 100% it will look for a new Ath target. Closing below 0.80 is 0.747 Repurchase can be made at 0.626, 0.526 Friends who will buy futures transactions can follow the transaction by keeping the leverage level at a minimum level. #Bitcoin # If BTC can get out of the short bear season #Ena Bullish will take off, a good project
There is a lot of unclosed area below for #BTC , it needs to close weekly above 101500 upwards, it could not do this, now there is a temporary support between 92 and 90 k in the 4-hour period below, if this support cannot hold, it will want to try by zigzagging up to 83500 77000 71000 levels. My expectation is that it will test the 83500 levels. It needs to complete this Retest to see that altcoins are decoupling from Bitcoin.
Alpine, which Binance also supports, can close above 2 USD daily or weekly, and can get TP in the form of 2.7 3.7 4.8. After the targets it will burn, it must stay above 3.7 USD for Ath.
For the Uptrend, the search for volume continues for a higher level by closing weekly above 55 cents. There is a density of large buy orders around 0.50 cents. If this serves as support, it can catch a strong exit. If it moves in this way, the first stop is 75 cents and I leave a chart for the next targets. If you are trading on the Futures side, the weekly closing below 48 cents can test 30 cents again. Adjust your risk status accordingly.
You can reach the correct information and analysis by following us. Please support by following đ
Rumors are circulating in the market that the US government will buy Bitcoin So if the US government buys 1,000,000 Bitcoins, at what price will it buy it? đ¤
The bottom price when the ETF was listed was 37K
The production cost of 1 BTC was 49k
The trend starting price when Bitcoin ATH broke and started the rally was 60k
We will see when and how they will buy it, is this a rumor or is it serious?
If Tether Dom closes below 5.2% daily, it will start to fall gradually to 4.4%, which means that USDT will decrease and money will be inflowed and investment will be made
therefore, Tetther dominance falling below 5.20% is required
Current BTC price is 59800 today there is a Fed interest rate cut let's analyze how the market will react to this according to time price and quantum
There is an unclosed 49 50 k candle yes but the liquidity value between 50 and 60k is changed by new values buyers do not constantly buy from below no one wants to sell the goods they bought at a high price at a low price institutional and whales
let's analyze the price they will enter to hold the price
therefore we have an hourly rising channel
as you can see in the chart but let me write the prices that are not visible
57750 is the bottom point of the rising channel and the top corresponds to 62800
current support 58k orders will be entered over 58k 58500 reaction area but the price it will see is between 57500 and 57800
according to this analysis spot orders 58500 57700 57500 intensifies under these prices, no whale wants a price below it because falling from the rising channel will deepen the price and panic sales even more
prices to watch out for
reaction areas
57500 should not be lost
57700 trend contact
58000 psychological support
59700 Range entry
61300 fibo resistance should be won weekly
sales prices
62000 62800 63500
Ath Falling breakout 59k as long as it remains above this price, the expectation of an increase may continue
I have given the prices before, my friends who follow closely knew every price in advance, it is correct. Follow us for the rest of the analysis đ
represents a software that moves in the structure main terms
if else go tu
here is the crypto sector built on these 3 words, the commands written to the indicator for you to get completely clear results are shaped by the entry and exit and the increase and decrease in volume
let me give an example
if (if) there is 1 dollar in the pool go tu (go) to the 2 dollar pool else (if not) go tu (go) the pool base :)
it continues to fall until it is filled
the commands are very simple
so as long as you take that volume and the pool does not overflow
you cannot make money we say it broke what fell, the pool is overflowing
I graduated from the software department, these are the main command terms for the software, this is the system, my friends...
adjust your risk well
a piece of advice I can never buy this coin at this low price again, it will never see that again Defeat your fomos, the bottom has a bottom and the top has a top
Login to explore more contents
Explore the latest crypto news
âĄď¸ Be a part of the latests discussions in crypto