Bitcoin's Dance and Market Moves

[Best-mary]

Over the last 24 hours, the cryptocurrency market has taken a little breather in buying excitement. Our trusty crypto greed and fear index slid by 1 point, landing at a cool 49 out of 100 (right in the neutral zone)

Now, here's where the plot thickens: Our crypto superstar, Bitcoin, is on the move! 🚀 It's dancing with a 0.30% rise, flaunting a price tag of $29,188. But here's the kicker – Bitcoin halving! It's like a crypto makeover that happens every four years. It chops miner rewards by half and sets a cap on the total supply – we're talking 21 million BTC, no more, no less.

So, let's put on our crypto detective hats and dive in! How do you decode these puzzle pieces? What do you think these market shifts and Bitcoin's spirited rise mean for the big picture?

{image}

[www.Gambler.Casino]

Now the trading volume is minimal. I think it's time to lower the btc rate so that volatility appears

[HawkTrader]

Looking at the TA and the 200 MA, we could be on for a nice breakout. I heard TA experts predicting a massive breakout to $100k and that has sprung a lot of excitement but we need to be cautious here because history has taught us that Septembers are always red. But then it's also traditional that BTC do a mini-bull a year preceding the halving.

One thing we should watch out for sure though is the rise of altcoins. The chart shows a clear breakout is imminent for altcoins

[ananyabushra]

The sentiment on Bitcoin for now is actually neutral but hopefully when we finally get the bull run which to be honest one can't exactly predict when, the price of Bitcoin is sure to rise. However, I'm very careful not to risks with my BTC holdings for now and since I prefer holding rather than trading in order to still get some profits as against none, I opted to subscribe to shark fin since it guarantees my capital on investments. The market is too volatile for now to take careless risks and my risk tolerance is pretty low.

[AmoreJaz]

Looking at the TA and the 200 MA, we could be on for a nice breakout. I heard TA experts predicting a massive breakout to $100k and that has sprung a lot of excitement but we need to be cautious here because history has taught us that Septembers are always red. But then it's also traditional that BTC do a mini-bull a year preceding the halving.

One thing we should watch out for sure though is the rise of altcoins. The chart shows a clear breakout is imminent for altcoins

we don't know when will that happen, such massive breakout at $100k. that's a long way go looking at the current price of BTC at almost 30k. TA experts or not, we can't be so sure when it comes to the price level of btc in the near future. but you can always follow your instincts on what to do with your funds on this market. do remember, at the end of the day, you are investing your own funds, so you are the one responsible for what may happen to it
when it comes to alts, better choose them meticulously as not all alts will be in the increasing mode.

[Zee27]

The sentiment on Bitcoin for now is actually neutral but hopefully when we finally get the bull run which to be honest one can't exactly predict when, the price of Bitcoin is sure to rise. However, I'm very careful not to risks with my BTC holdings for now and since I prefer holding rather than trading in order to still get some profits as against none, I opted to subscribe to shark fin since it guarantees my capital on investments. The market is too volatile for now to take careless risks and my risk tolerance is pretty low.

Is this some sort of staking platform or what? How does it work? I'm just merely holding my assets and too scared to trade. Man the volatility is high lately.

[GeorgeJohn]

The sentiment on Bitcoin for now is actually neutral but hopefully when we finally get the bull run which to be honest one can't exactly predict when, the price of Bitcoin is sure to rise. However, I'm very careful not to risks with my BTC holdings for now and since I prefer holding rather than trading in order to still get some profits as against none, I opted to subscribe to shark fin since it guarantees my capital on investments. The market is too volatile for now to take careless risks and my risk tolerance is pretty low.

Do you one about bitcoin, you have to understand that anything you are doing with a bitcoin you need to have hope knowing that have a very good potential, if bitcoin experienced a bearish market now their is every tendency that the market of bitcoin can get accelerated anytime, so I don't believe on the price of bitcoin because I know quite well that the market is dependable the quantum of the investors, so therefore bitcoin potentiality is higher than the one of altcoins and you won't lose hope when you invest on bitcoin. Holding bitcoin will give the holder a privilege to make a profit whenever bullish occurs but Holding altcoins for long time, their is every tendency that altcoins can die off along the line, that is while many people choose to invest in bitcoin

[Chibaba]

Now the trading volume is minimal. I think it's time to lower the btc rate so that volatility appears

You observation is correct. Trading volume has dropped to two digits instead of the usual bullish 3 digits billion dollar. The incoming halving could change the narrative and I feel staking your assets now pending post halving which could usher in another bull circle will be the play here.

[Hamphser]

Over the last 24 hours, the cryptocurrency market has taken a little breather in buying excitement. Our trusty crypto greed and fear index slid by 1 point, landing at a cool 49 out of 100 (right in the neutral zone)

Now, here's where the plot thickens: Our crypto superstar, Bitcoin, is on the move! 🚀 It's dancing with a 0.30% rise, flaunting a price tag of $29,188. But here's the kicker – Bitcoin halving! It's like a crypto makeover that happens every four years. It chops miner rewards by half and sets a cap on the total supply – we're talking 21 million BTC, no more, no less.

So, let's put on our crypto detective hats and dive in! How do you decode these puzzle pieces? What do you think these market shifts and Bitcoin's spirited rise mean for the big picture?

{image}

Nah, there's nothing new and this had been a typical moment or phase on which this market could have specially on Bitcoin.Its been a while which it is really just sitting on 29,0xx price point and recently it did make

out some movement which did shows up 291xx+ or more but not really that much of a concern yet this could be considered as a typical daily movement on which Bitcoin could move on. The thing that surprises me
that this is my first time in all the the years i've been here on this crypto market on which i have seen Bitcoin didnt move a single digit for a couple or hours specially on preev.com where i do always check out
every now and then. I did make out some checks whether it is really that broken or site in maintenance but its not, which it did really give out that kind of stable price in a period of time.