$BTC The cryptocurrency market is a global decentralized financial market that deals with the trading of encrypted digital assets such as Bitcoin, Ethereum, and others. This market is characterized by:
* Technology: Digital currencies are built on blockchain technology, which is a promising technology with many potential applications in various fields. * The future: Many believe that digital currencies will play an important role in the global economy in the future. The most important digital currencies * Bitcoin: It is considered the first and most famous digital currency, and is widely used as a tool for storing value. * Ethereum: The Ethereum platform is used to develop decentralized applications (DApps), which is a digital currency with various uses. * Ripple: It is mainly used to transfer money across borders quickly and at a low cost
#btc In the remaining few days of April, the price of BTC will fall below $60,000, and it is likely to fall below $50,000. Let us look to the distant future a little, but there is no need to worry, and selling currencies now must be patient.
#Binance And the collapse is still continuing in the short term, taking into account that the state of the Philippines is considering blocking the Binance platform from the search engines Google and Apple Store because Binance is not officially operated in the Philippines, and this from the perspective of the Philippines is illegal and invites people in the Philippines to work unofficially in trading.
#الكربتو From a more pessimistic view, there will be a collapse in the crypto market soon due to the reluctance the crypto markets are witnessing in the geopolitical atmosphere and the case that the former chief administrative officer of Binance is witnessing in American courts.
Do you know the trading strategy? Trading is buying and selling stocks, speculation, or acquiring stocks until their price rises, then we sell them to make money. But the trading process is done according to the Gregorian calendar, i.e. by calculating the date and then reaching the time of rise or fall, which is what we will talk about later, so follow us
Will BTC price reach new highs? The upcoming Bitcoin halving event is causing a lot of buzz in the crypto community, and Changpeng Zhao, CEO and founder of the world’s largest Bitcoin exchange (Binance), joined in the hype by tweeting about the countdown to the impending halving event. According to the image on his official account on the platform (formerly Twitter), the Bitcoin halving event will be in 135 days on April 17, 2024.
The Bitcoin (BTC) halving occurs once every four years, during which the block reward (the incentive mechanism for Bitcoin miners to validate transactions on the Bitcoin blockchain) is cut in half. The block reward is currently 6.25 BTC per block, and will drop to 3.125 BTC after the halving. The Bitcoin halving event is the talk of the crypto market, which is trying to catch its breath and gain momentum after a difficult 2022. The value of the crypto market, led by the leading digital currency Bitcoin, has witnessed a decline. This increase is mainly due to the decrease in the supply of Bitcoin in the market, as demand exceeds the number of available coins, and thus the basic principles of supply and demand cause the price of Bitcoin to rise to new record levels. For example, the Bitcoin halving event in mid-May 2020 caused a significant increase in the value of Bitcoin from less than $10,000 to reach $69,044 the following year.
Dogecoin remains stable above critical support levels, with signs of a potential price rally.
RNDR/USD
Render Token (RNDR) is riding the wave of AI-based interest in crypto, and the new TIA has seen massive growth since its launch.
Altcoins’ Bull Run
The performance of these altcoins could be further boosted if the overall altcoin market cap manages to break through the key resistance at the 50-day simple moving average (50 EMA), which is currently hovering around $680 billion.