Bittime - Although Bitcoin (BTC) tried to start a recovery this week, it faced strong selling pressure near $67,000. The cryptocurrency with the largest market capitalization will probably end the week with a small loss of around 2%.
What happens during the Bitcoin Halving? How will the price of BTC develop in the future? With click on this link, you will find the answer.
Bitcoin Sensation After Halving
According to Rekt Capital analysts, Bitcoin has “entered the Post-Halving ‘Danger Zone’”, where further declines could occur in the next two weeks. The net output of spot Bitcoin exchange-traded funds (ETFs) is another near-term issue.
According to Farside Investors, the ETF experienced a net outflow of $218 million on April 25, after an outflow of $120 million the previous day.
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Bitcoin Value Analysis
Source: TradingView
For several days, Bitcoin has been in a range between $59,600 and $73,777, indicating uncertainty between buyers and sellers about where the next move will take place.
Source: TradingView
Near Protocol (NEAR) Price Analysis
Source: TradingView
On April 25, the downtrend may end as Near Protocol (NEAR) closed above a descending channel pattern. Nonetheless, bears continue selling near the immediate resistance at $7.70.
How to Buy Crypto:
Source: TradingView
Arweave (AR) Price Analysis
Source: TradingView
On April 25, Arweave (AR) rose above both moving averages, indicating that bears were trying to pull the price back. However, on April 27, bears bought at the 20-day EMA ($32.19), indicating a shift in sentiment from selling on the rally to buying on the dip.
Source: TradingView
Core Price Analysis (CORE)
Source: TradingView
In recent days, Core (CORE) has found support at the 20-day EMA ($2.23), indicating positive sentiment. However, the pair is still hovering between $1.83 and $2.91.
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Source: TradingView
Bonk Price Analysis (BONK)
Source: TradingView
On April 23, Bonk (BONK) rose above the moving average, indicating that the correction phase may have ended.
Source: TradingView
Even though the bulls are holding, the bears are trying to pull the price below the moving average. This indicates that the bulls are trying to reverse the moving average into support.
How To Buy Bitcoin (BTC) With Bittime
You can buy and sell Bitcoin (BTC) in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Bitcoin (BTC) is available on Bittime with BTC IDR pairing.
To be able to buy BTC tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn How to Buy Bitcoin (BTC) on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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Bitcoin Last 30 Days: Bitcoin Halving Impact
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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