Bitcoin Halving 2024 : Golden Opportunity or Investor Nightmare in 2025 ?
$BTC The Mystery of Bitcoin Halving What Actually Happens ? Every 4 years, the Bitcoin protocol cuts mining rewards in halfālike an āeconomic alarmā forcing the market to adapt. Unique Facts : Total Bitcoin in circulation : 19.7 million (98.5% of the 21 million max supply).Post-2024 halving, only 450 new BTC enter the market daily (down from 900 BTC). Why Does Halving Drive Prices Up ? Simple Logic : Supply drops ā demand stays the same or rises ā price surges (basic economics).
$BTC Is Bitcoin entering wave (5)? Price holds strong above all EMAs, and RSI shows bullish momentum. Watch the $100Kā$110K zone ā a key resistance area. Breakout = continuation. Failure = possible correction.
WIF just broke out of a falling wedge & retested $0.508! š Closing above $0.549 unlocks targets at $0.766ā$1.235 (and up to $7.59)! RSI ~63 ā watch for a possible short-term pullback.
Wave C is forming with potential targets at $5.36 ā $7.62! Price is above all EMAs ā strong bullish momentum is confirmed. But watch out: RSI is entering overbought zone, a short-term pullback may occur. Key support levels to hold: $3.10 & $2.86!
Combined Cup & Handle + Falling Wedge pattern appeared on the weekly chart! Breakout of $0.5482 could be the start of a big rally to $1.31 or even $4.82! Support $0.2534 is the key defense. Get your strategy ready!
Is the big Altseason on the horizon? BTC Dominance has entered the critical 66%+ zone- if it fails to break, get ready for dominance to drop and altcoins to fly! Wave (4) could be the last peak before wave (5) down. Keep an eye on the 55%-47% level, that's the Altseason "paradise" area.
Will the superbullrun mega cycle be created in 2025 with the fall of powell?!
Can Trump fire Powell?
Legally, the President of the United States cannot fire the Chair of the Federal Reserve, like Jerome Powell, simply because of policy disagreements. The law only allows for removal āfor cause,ā which usually means serious misconduct or inability to perform the roleānot just differences in economic opinion.
However, Trump has publicly criticized Powell and expressed a desire to replace him. Recently, he stated that Powellās firing ācanāt come soon enough,ā blaming him for not lowering interest rates even though inflation and commodity prices have declined.
Trump has claimed he has the authority to remove Powell, but that contradicts the current legal understanding of the Fedās independence. The U.S. Supreme Court is currently reviewing the limits of presidential power over independent agencies, which could affect this situation.
Powell, whose term ends in May 2026, has made it clear he wonāt resign if asked. He emphasizes the importance of the Fedās independence in making decisions that benefit the U.S. economy.
In summary, while Trump may want to fire Powell, he cannot legally do so without just cause. Any attempt to remove him would likely face legal challenges and could shake market confidence in the independence of the central bank.