Bitcoin

<p><em><strong>In the midst of a period where the overall crypto market is stabilizing, Bitcoin’s price remains steady, showing neither significant gains nor losses. Meanwhile, Pepe Coin and Pendle are experiencing upward momentum, approaching new all-time highs.</strong></em></p><h2 id="header-0">Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On<a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow"> ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Red-and-White-Modern-Corporate-Sports-YouTube-Outro-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p>Bitcoin’s halving event is coming up in April, four years after the last one. This has led to increased excitement in the market, along with the <a href="https://cryptosheadlines.com/sec-considers-approving-bitcoin-etfs-from-top-firms/" rel="noopener noreferrer nofollow">approval of Bitcoin ETFs</a> in the United States. As a result, <a href="https://cryptosheadlines.com/bitcoin-surges-to-become-second-largest-nft-chain-by-volume/" rel="noopener noreferrer nofollow">Bitcoin surged</a> to a record high of $73,800 recently, benefiting other major altcoins too. While this <a href="https://cryptosheadlines.com/bitcoin-witnessing-third-week-of-outflows-suggesting-negative-market-sentiment/" rel="noopener noreferrer nofollow">week’s market sentiment</a> is uncertain, the overall trend remains bullish, suggesting the possibility of continued market recovery.</p><h2 id="header-1">Bitcoin Overview Amidst Volatility</h2><p>Bitcoin, the pioneering concept of decentralized digital currency, operates on a peer-to-peer network without a central authority. As of press time, the BTC price stands at $70,274, marking a modest intraday gain of 0.3%.</p><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/03/cryptosheadlines002-31.png?resize&#61;640%2C307&amp;ssl&#61;1" /></p><p>Bitcoin (BTC)| Tradingview</p><p>The current market capitalization of Bitcoin sits at $1.38 trillion, with a recorded trading volume of $22.2 billion since yesterday.</p><p>This week, <a href="https://cryptosheadlines.com/bitcoins-volatility-indicator-signals-bull-run/" rel="noopener noreferrer nofollow">Bitcoin has experienced significant volatility</a>, fluctuating within a tight range between $71,500 and $68,500. Despite this volatility, renewed buying spurred by the BTC ETF suggests bullish momentum. Buyers may aim to breach the overhead trend and surpass the recent high of $73,800.</p><h2 id="header-2">Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On<a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow"> ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Red-and-White-Modern-Corporate-Sports-YouTube-Outro-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p>However, there’s a possibility of a downside scenario. A breakdown below the $68,500 support level could lead to a 3% decline in the Bitcoin price, potentially hitting a long-standing support trendline.</p><p><a href="https://cryptosheadlines.com/thorchain-reaches-10-billion-monthly-volume-amid-bitcoin-safety-debates/" rel="noopener noreferrer nofollow">Also Read:   THORChain Reaches $10 Billion Monthly Volume Amid Bitcoin Safety Debates</a></p><h2 id="header-3">Pepe Coin (PEPE) Overview</h2><p><a href="https://cryptosheadlines.com/pepe-coin-promising-meme-token-on-the-rise/" rel="noopener noreferrer nofollow">Pepe Coin</a> is a digital currency that capitalizes on the meme culture surrounding the Pepe the Frog character, blending humor with cryptocurrency innovation. On March 19th, the PEPE price hit a bottom at $0.00000582, marking a healthy retracement of 50% for buyers to regain strength.</p><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/03/cryptosheadlines003-29.png?resize&#61;640%2C307&amp;ssl&#61;1" /></p><p>Pepe Coin (PEPE)| Tradingview</p><p>Following this positive turnaround, the memecoin asset experienced a notable 48% surge within two weeks, currently trading at $0.0000086. Pepe Coin holds the 40th rank among the largest cryptocurrencies, boasting a market capitalization of $3.65 billion.</p><p>A bullish candle recorded a 12.6% jump, teasing an upside breakout from the weekly resistance of $0.00000864. If successful, this breakout could accelerate buying pressure, potentially pushing the coin price by 25% to reach $0.0000108.</p><h2 id="header-4">Pendle: Tokenizing Future Yield Streams</h2><p>Pendle is a decentralized finance (DeFi) platform specializing in the tokenization of future yield, allowing users to own and trade yield streams before they are realized. This innovative project offers investors a unique tool for hedging against interest rate fluctuations and optimizing their yield strategies.</p><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/03/cryptosheadlines004-14.png?resize&#61;640%2C307&amp;ssl&#61;1" /></p><p>Pendle| Tradingview</p><p>Data from the crypto analytics firm Santiment indicates a significant increase in the market capitalization of Real World Assets (RWAs), signaling a growing trend towards the tokenization of physical assets on the blockchain.</p><p>Despite the current market correction, the <a href="https://cryptosheadlines.com/solana-sol-price-forecast-strong-fundamentals-point-to-40-rally/" rel="noopener noreferrer nofollow">price of Pendle has experienced a strong rally</a> from $2.3 to $4.73, marking a remarkable 103% growth within a fortnight. Currently, the asset is in a price discovery mode, with potential <a href="https://cryptosheadlines.com/dogecoin-price-prediction-support-and-resistance-levels/" rel="noopener noreferrer nofollow">resistance at the $5 psychological level</a>. However, a potential pullback could find support at $4.3 and $3.7 levels.</p><h2 id="header-5">In Summary</h2><p>The cryptocurrency market experienced notable volatility this week, largely influenced by Bitcoin’s wavering price behavior around the $70,000 mark. The formation of neutral candles with long rejections has contributed to spreading uncertainty among the majority of major altcoins.</p><p><a href="https://cryptosheadlines.com/top-8-cryptos-for-maximum-bull-run-profits/" rel="noopener noreferrer nofollow">Also Read:   Top 8 Cryptos for Maximum Bull Run Profits</a></p><p>Despite the uncertainty, market participants remain optimistic due to the <a href="https://cryptosheadlines.com/sec-delays-spot-bitcoin-etf-decision-speculation-continues/" rel="noopener noreferrer nofollow">continuous inflow into Spot Bitcoin</a> and the upcoming halving event. There is anticipation for a significant bull run in the near future, driven by these factors.</p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

Bitcoin’s Future Price: Can It Reach New Highs Before Halving?

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2024년 3월 30일에 게재된 다른 기사

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