JUST

2024

Bitcoin

April

<p>The Bitcoin price surged almost 6% in the past 24 hours to trade for $64,855 as of 06:12 a.m. EST as trading volume soared 20%.</p> 
<p>Markets are on the edge of their seats as the BTC halving becomes imminent. Reports indicate that the number of Google searches for “halving” has reached an all-time high.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">JUST IN: Google searches for "<a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> halving" is at an ATH 🐂 <a href="https://t.co/MgoyYsEUyY">pic.twitter.com/MgoyYsEUyY</a></p> 
 <p>— Bitcoin Magazine (@BitcoinMagazine) <a href="https://twitter.com/BitcoinMagazine/status/1780984051937005926?ref_src=twsrc%5Etfw">April 18, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>In the same spirit, multinational media site CNN says the “halving is the World Cup of Bitcoin.”</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">JUST IN: CNN says the halving is the "World Cup" for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/dhfeQ8cehc">pic.twitter.com/dhfeQ8cehc</a></p> 
 <p>— Bitcoin Magazine (@BitcoinMagazine) <a href="https://twitter.com/BitcoinMagazine/status/1780941496247550027?ref_src=twsrc%5Etfw">April 18, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>The countdown according to CoinGecko shows only 14 hours left, with only 85 blocks remaining.</p> 
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/04/BTC-halving.png"><img decoding="async" class="aligncenter wp-image-509252 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/04/BTC-halving.png" alt="Bitcoin price" width="1117" height="351" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/BTC-halving.png 1117w, https://insidebitcoins.com/wp-content/uploads/2024/04/BTC-halving-300x94.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/BTC-halving-1024x322.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/04/BTC-halving-768x241.png 768w" sizes="(max-width: 1117px) 100vw, 1117px"></a></p> 
<p>This halving comes amid market nervousness over the situation in the Middle East.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">All I can say is that you NEED to be paying very careful attention to the situation in the Middle East.</p> 
 <p>If things escalate, the market will nuke in the blink of an eye.</p> 
 <p>Better be safe than sorry.</p> 
 <p>— Kyle Chassé (@kyle_chasse) <a href="https://twitter.com/kyle_chasse/status/1781252236347056423?ref_src=twsrc%5Etfw">April 19, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Following today’s reports of Israel launching a missile attack against Iran, almost $300 million in leveraged positions were liquidated. Traders are fleeing for safety to more traditional assets like gold and silver.</p> 
<p>Meanwhile, analysts indicate that the effective selling pressure on Bitcoin is reducing.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Bitcoin selling pressure from traders may be declining as unrealized profit margins are basically zero now.</p> 
 <p>Traders' realized price (pink line) has acted as support for prices during a bull market and it's now at ~$60K. <a href="https://t.co/rQbxKQ3W1T">pic.twitter.com/rQbxKQ3W1T</a></p> 
 <p>— Julio Moreno (@jjcmoreno) <a href="https://twitter.com/jjcmoreno/status/1780979596097204310?ref_src=twsrc%5Etfw">April 18, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>For now, volatility is at peak levels, with leveraged traders getting hurt as the Bitcoin price whiplashes in either direction.</p> 
<p>And amid all that, Binance co-founder Changpeng Zhao (CZ) has wished markets a happy halving.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Someone asked me if bitcoin halving is like a stock split… We are still early. (Answer is no)</p> 
 <p>Happy halving! <a href="https://t.co/gxAvfOpGQH">pic.twitter.com/gxAvfOpGQH</a></p> 
 <p>— CZ 🔶 BNB (@cz_binance) <a href="https://twitter.com/cz_binance/status/1781180083425988959?ref_src=twsrc%5Etfw">April 19, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h2 id="bitcoin-price-prediction-as-btc-halving-closes-in">Bitcoin Price Prediction As BTC Halving Closes In</h2> 
<p>Noteworthy, Bitcoin price has managed to record a candlestick close above the $60,000 psychological level for seven full weeks in a row. It points to the bulls showing strength. As seller momentum continues to reduce, the Bitcoin price could be poised for a bullish move.</p> 
<p>Meanwhile, there is a bullish divergence on the Relative Strength Index (RSI) in the 12-hour timeframe. This happens when the RSI records higher lows while the Bitcoin price records lower lows. This often precipitates a bullish reversal, hinting that the bearish sentiment is losing momentum. It also shows that the ongoing reversal to the upside is gaining strength.</p> 
<p>The Awesome Oscillator (AO) is also showing green histograms that are edging toward positive territory. Moreover, the Moving Average Convergence Divergence (MACD) is pending a flip above the orange band of its signal line. If this happens, it would strengthen the ongoing uptrend to kick of a bullish cycle.</p> 
<p>If the bulls have their way, two levels will be of interest. First, a 12-hour candlestick close above $67,818 and then a close above $71,345. These would set the tone for an extension that could see&nbsp;Bitcoin&nbsp;price ascend to record a new all-time high.</p> 
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/04/BTCUSDT_2024-04-19_13-02-43.png"><img decoding="async" class="aligncenter wp-image-509255 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/04/BTCUSDT_2024-04-19_13-02-43.png" alt="Bitcoin price" width="1273" height="542" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/BTCUSDT_2024-04-19_13-02-43.png 1273w, https://insidebitcoins.com/wp-content/uploads/2024/04/BTCUSDT_2024-04-19_13-02-43-300x128.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/BTCUSDT_2024-04-19_13-02-43-1024x436.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/04/BTCUSDT_2024-04-19_13-02-43-768x327.png 768w" sizes="(max-width: 1273px) 100vw, 1273px"></a></p> 
<p><a href="https://www.tradingview.com/x/ZZXx9L5K/" target="_blank" rel="noopener">TradingView: BTC/USDT 12-hour chart</a></p> 
<h4>Converse Case</h4> 
<p>Conversely, the zone extending from $57,000 to $59,005 is significant seeing as there remains some uncollected liquidity residing in the March 5 low of $59,005. With this, it is possible that the Bitcoin price could record a drop into this critical zone before a strong move to the upside.</p> 
<p>As the halving closes in, Bitcoin ownership is the new mania, and with it, the BTCMTX presale is gaining steam.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> halving impact: Miners are better positioned this time due to recent gains, says <a href="https://twitter.com/hashtag/Benchmark?src=hash&amp;ref_src=twsrc%5Etfw">#Benchmark</a> report.<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> surged 140% in past two quarters, while <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> and the broader <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> market also saw significant gains. 🛠️💰</p> 
 <p>What strategies do you think miners will employ to…</p> 
 <p>— Bitcoinminetrix (@bitcoinminetrix) <a href="https://twitter.com/bitcoinminetrix/status/1781281430900711466?ref_src=twsrc%5Etfw">April 19, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Analysts say BTCMTX could record 5X or even 10X growth at launch as it offers investors easy entry into the Bitcoin market at a time of relative shortages of supply.</p> 
<p><iframe title="Bitcoin Minetrix | Passive Income Paid In Bitcoin And Huge Capital Gains Potential!" width="640" height="360" src="https://www.youtube.com/embed/fCiAUPKqKGM?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p> 
<p>BTCMTX is offering a last chance to buy with the presale set to close on April 25.</p> 
<h2 id="promising-alternative-to-bitcoin">Promising Alternative To Bitcoin</h2> 
<p><a href="https://insidebitcoins.com/visit/bitcoinminetrix" target="_blank" rel="noopener nofollow">Bitcoin Minetrix (BTCMTX)</a> is a cloud-mining project, where BTCMTX token holders get to stake their holdings for credits.</p> 
<p>These credits are redeemable for mining hash power. With the entire process tokenized and decentralized, it gives investors a better deal than the traditional Bitcoin mining approach.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Tapping into the possibilities of mining <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> with <a href="https://twitter.com/hashtag/BitcoinMinetrix?src=hash&amp;ref_src=twsrc%5Etfw">#BitcoinMinetrix</a>! ⚙️</p> 
 <p>Embarking into <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> mining with ease:</p> 
 <p>🌟 Simple initiation for beginners.<br>💰 Cost-effective without hardware expenses.<br>🌆 No worries about space, noise, or heat.<br>🔄 Effortless upgrades with no hassle. <a href="https://t.co/uUbXWLCL2z">pic.twitter.com/uUbXWLCL2z</a></p> 
 <p>— Bitcoinminetrix (@bitcoinminetrix) <a href="https://twitter.com/bitcoinminetrix/status/1751651421974397052?ref_src=twsrc%5Etfw">January 28, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Investors looking to <a href="https://insidebitcoins.com/buy-cryptocurrency/buy-bitcoin-minetrix" target="_blank" rel="noopener">buy BTCMTX</a>, the powering token for the Bitcoin Minetrix ecosystem, can do so on the <a href="https://insidebitcoins.com/visit/bitcoinminetrix" target="_blank" rel="noopener nofollow">official website</a>. Each token is selling for only $0.0147. So far, presale sales have reached upwards of an enormous $13.156 million.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">🚀 With the <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> halving around the corner, mining companies are gearing up for changes!</p> 
 <p>From <a href="https://twitter.com/MarathonDH?ref_src=twsrc%5Etfw">@MarathonDH</a> to <a href="https://twitter.com/RiotPlatforms?ref_src=twsrc%5Etfw">@RiotPlatforms</a>, keep an eye out on how they're preparing for the shift.</p> 
 <p>Who do you think will thrive post-halving? 🛠️<a href="https://twitter.com/hashtag/BitcoinMinetrix?src=hash&amp;ref_src=twsrc%5Etfw">#BitcoinMinetrix</a> has successfully raised more… <a href="https://t.co/aPtKV1rne9">pic.twitter.com/aPtKV1rne9</a></p> 
 <p>— Bitcoinminetrix (@bitcoinminetrix) <a href="https://twitter.com/bitcoinminetrix/status/1778017182447743155?ref_src=twsrc%5Etfw">April 10, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>A price increase is coming in less than 21 hours, so buy now if you are interested.</p> 
<p><a href="https://insidebitcoins.com/visit/bitcoinminetrix" target="_blank" rel="noopener nofollow">Visit the official Bitcoin Minetrix website here to buy BTCMTX tokens</a>.</p> 
<h3 id="also-read">Also Read:</h3> 
<ul> 
 <li><a href="https://insidebitcoins.com/news/how-to-buy-bitcoin-minetrix-on-presale-alessandro-de-crypto-video-review">How To Buy Bitcoin Minetrix On Presale – Alessandro De Crypto Video Review</a></li> 
 <li><a href="https://insidebitcoins.com/news/bitcoin-minetrix-presale-has-just-hours-left-last-chance-to-buy-before-price-rise">Bitcoin Minetrix Presale Has Just Hours Left: Last Chance to Buy Before Price Rise</a></li> 
 <li><a href="https://www.linkedin.com/pulse/5-new-cryptocurrency-invest-2024-promising-1000x-calsona-0krue">5 New Cryptocurrency to Invest in 2024: Promising Game-Changers with 1000x Potential</a></li> 
</ul>

Bitcoin Price Prediction: BTC Pumps Ahead Of The Halving As This BTC Derivative Offers Last Chance To Buy After $13M ICO

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Inside Bitcoins

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