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      "body": "I recently discovered ICON after its listing on Bitget and was intrigued by its potential. This Layer-1 platform is a standout due to its focus on interoperability, connecting disparate blockchains into a unified network. It's akin to Ethereum's role, but in the realm of cross-chain communication.\n\nICX, ICON's native token, has gained traction following the recent listing. Its utility extends beyond transaction fees, encompassing staking rewards and governance participation. This multifaceted role enhances the token's value proposition.\n\nThe community-driven nature of ICON is another compelling aspect. Token holders have a direct influence on the platform's direction, fostering a sense of ownership and engagement.\nICON's potential as a major player in the crypto industry is undeniable. However, factors such as competition, scalability, broader adoption, and tokenomics will significantly impact its trajectory.\n\nI'm keen to delve deeper into these areas and explore potential investment strategies for ICX.",
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      "body": "I am mostly skeptical in Memes but Solanameme has continued to buzz the ecosystem which force me to give it a trial with MYRO. One thing I noticed is; pioneer memes mostly do well eg. BONK, MYRO are first memes in their categories (BONK first Solana dog-meme while MYRO first Solana meme named after Solana co-founder) so Jail could be another top meme.",
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      "body": "With BTC halving almost coming to end, utility is what will keep driving BTC. DeFi is now shifting to BTC block chain and we could see more. $BB investors and partners shows the project potential. This Bitget pre-market trading will give a good opportunity to buy the token.",
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      "body": "Built on Avalanche with the aim of breaking information monopoly of tech giants by monetizing user's personal data. It enables users to own and profit from their data through a privacy-first approach, leveraging zero-knowledge and fully-homomorphic encryption. By incentivizing data sharing, staking, and fees with the MASA token, the platform empowers users in a user-centric data economy.\n\nOver 5.4 million was raised in seed round with support from top investors such as Anagram, Avalanche Blizzard Fund, Digital Currency Group, and Golden Tree. With already over 1.4 million users wallets actively contributing to over 23 million proprietor data points on the network shows the immense seriousness of the project team. \n\nThe native token $MASA tokenomics is another feature that impresses me about this project and also top exchanges like Bitget early listing further shows the project's potential.",
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      "body": "ENA is a native token of #Ethena Protocol, a decentralized finance (DeFi) platform on a mission to create a synthetic stablecoin, USDe, which is pegged to the US dollar. \n\nWith a total supply of 15 billion tokens, ENA has a unique tokenomics structure. 5% of the total supply is expected to be airdrop to users who participated in the Ethena Shard Campaign.\n\nA total of 3,750,000 $ENA reward pool in #Bitget    Launchpool\n\nEthan is also #Binance    50th Launchpad.",
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      "body": "Ondo Finance is bridging the gap between traditional finance and the crypto market by offering tokenized products backed by traditional financial instruments like US Treasuries and money market funds, Ondo has opened up new avenues for investors to diversify their portfolios and access the benefits of both the crypto market and the traditional financial system. Thereby increasing the adoption and legitimization of blockchain technology and cryptocurrencies.\n\nThe native token “ONDO” has been on a positive trend lately due to many use cases and benefits for holders. Some notable exchanges like Bitget have continued to celebrate this milestone achievement of Ondo Finance with giveaway events. Currently, users can deposit or trade above $300 $ONDO to earn free $$ or $ONDO.",
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      "body": "Recently, the crypto space was rattle with memecoin hype such as $BOME, $SLERF to mention a few all trying to emulate the success of memecoins like $DOGE, $SHIB and PEPE whether they could achieve that milestone remain a mirage. Then enter $PUMP, a memecoin built on Binance Smart Chain that has attracted interest from notable investment from the Binance Smart Chain ecosystem, including 363,000 BNB, 9 million CAKE, 24 million BAKE, 1.5 trillion 1CAT, and 73 trillion IQ50. $PUMP has garnered significant attention in the crypto community, with its presale raising an impressive $280 million. The success of this presale highlights the growing appetite for speculative ventures in the cryptocurrency market.\n\nWhile $PUMP's launch and success share similarities with Dogecoin's early days, the project currently lacks a development team and a clear roadmap. As a result, the future of $PUMP is uncertain, and its success will largely depend on the community's sentiment and speculative trends which could be a good vehicle to propel the memecoin to a greater height as I have noticed $PUMP has a strong and united community. \n\n$PUMP has also gain listing from notable exchange especially Bitget where up to $3000 PUMP is up for grabs by users who participate in a simple X task and fill the event form. Also they is a flexible saving opportunity where users can earn APR as high as 60%.",
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      "title": "Will there be another $DOGE?"
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      "author": "captainsaudi",
      "body": "So much anticipation toward the fourth Bitcoin halving event expected to take place next month. Halving is a deflationary mechanism aimed at controlling BTC supply by slashing miners BTC reward by 50%. Halving usually affect Bitcoin price prior and after the event, in turn it yield a ripple effect on the whole industry. Some analysts agreed that halving determines cryptocurrency season, bull or bear as such the anxiety in the space. A lots of new millionaires will be made while other will remain side watcher because they can’t spot the opportunities in the market. \n \n During the first BTC halving in 2012 where miners reward was reduced from 50 to 25, BTC price was around $13 but it rose to over $1,152 few months after the halving presenting the first price impact after halving. The second halving witness similar trend, in 2016 when reward was reduced from 25 to 12.5, the price was around $664 and it reached a peak of $17,760 few months after halving. The third halving maintained similar trend in 2020 when block reward was slashed from 12.5 to 6.25, the price was around $8,500 and after halving its set an ATH of above $69k few months after halving. \n \nSo this price trend has garnered so much prediction and speculation in the market where some believe BTC will hit above $85k before halving and over $180k after halving. With BTC already retesting its previous ATH, many enthusiasts are eager to witness the next BTC ATH but only the wise ones understand that they need to position well to benefit from this speculation. \n\n Right now there is so much awareness in the industry compared to what was obtainable in the past. Key world financial players are now involved which has bring more exposure and increase uncertainty in the industry.  Some expert have noted that BTC usually maintain a similar circle as such users need to understand the trend and history to stay afloat. \n\nI have also noticed some top exchanges rolling out events to celebrate/welcome the halving. One that caught my attention is the learn to earn on Bitget where users are encourage to showcase their understanding of the halving to benefit some $BGB rewards. Such event will increase users understanding of the Bitcoin halving and further increase their interest in the industry. It will also help them to prepare adequately for it.",
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      "body": "EthFi provide a seamless staking experience with huge passive income. Even after the huge airdrop prior to the listing of ETHFI on notable exchanges like Bitget, Binance, Etc the token price has stabilized. Currently, EthFi is the most trending on Coingecko.",
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      "body": "Imagine a world where investing in real-world assets like invoices and mortgages seamlessly intertwines with the agility and accessibility of DeFi tokens. A dream where traditional assets are tokenized and made available within the dynamic DeFi landscape. A seamless transition and merging of traditional Finance with Decentralized Finance. This is the vision Ondo finance is actualizing in the crypto space. \n\nThis innovation has swiftly gained momentum in the crypto space. As evidenced by its current rankings on both CoinGecko (#171) and CoinMarketCap (#152), and lately the native token got listed by top tier exchanges like Bitget, Bybit, Kucoin, Coinbase to mention a few. .",
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      "author": "captainsaudi",
      "body": "Forget just grinding for rewards MAVIA ($MAVIA) unlocks a treasure trove of possibilities in the Heroes of Mavia universe and beyond. Here's a taste:\n\nIn-Game Superpowers: Craft epic gear, access exclusive modes, and dominate the marketplace – all fueled by $MAVIA.\n\nShape Your Destiny: Vote on game features, earn rewards for community engagement, and even join a future DAO to rule Mavia together.\n\nThe Adventure Doesn't End: Use $MAVIA across future Mavia games, partner with other projects, and potentially watch its value soar as the ecosystem thrives.\n\nMAVIA is more than just a token, it's a gateway to a deeper gaming experience and a potentially lucrative investment. But remember, do your own research before diving in!",
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      "body": "Dymension scalability makes it unique as it usher in a new era for metaverse applications and games. After careful DMOR i decided to DCA on Bitget",
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      "body": "The recent exposure of OriginTrail due to its recent listing has sparked some debate about whether the project is revolutionizing the supply chain industry. The project idea is to build a trusted, cost-effective, sustainable, and eco-friendly knowledge infrastructure for artificial intelligence. It aims to simplify data management in supply chains for AI applications and increase the integrity and trustworthiness of information for data analysis. Also, the innovation aimed to give AI the ability to make proactive decisions, scrutinize supply chain processes, identify inefficiencies, and predict future trends. \n\nSome believe that OriginTrail's partnership with AI has revolutionized supply chain management by driving efficiency, accuracy, and sustainability. What are your thoughts on this?",
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      "author": "captainsaudi",
      "body": "The Crypto industry is still a very young industry as such will continue to face many obstacles but lately the industry has start gaining rapid exposure and more investors are interested in the industry. Navigating this volatile market can be daunting and this has taught many a hard lesson but with opportunities abound in the space, some are still eager to find a smooth landing. Is mostly advisable to seek adequate knowledge of the industry before throwing in dollars but most newbies are eager to make their first profit or expect overnight wealth as such won’t be able to focus on seeking knowledge. \n\nRecently, in an AMA session on Twitter an analyst introduced copy trading to newbies stating that it gives them a smooth landing in the space and their could easily learn from the expert traders. He further said that copy trading is time-efficient and best for busy traders/newbies. He explained that it gives them the experience needed to develop a good risk management plan, learn trading from pros, diversify portfolios and master market volatility. \n\nWell, I yielded to his advice and decided to try copy trading both on Bitget and Bybit though I made some good profits, I still prefer studying the chart and improving my FA and TA but will you recommend copy trading to newbies or do you feel is a lazy trader thing?",
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      "author": "captainsaudi",
      "body": "With US SEC set to approve spot Bitcoin ETF applications from financial giants like Blackrock, Fidelity, Greyscale etc., trillions is expected to flow into this industry and this has sparked mixed feeling among analyst. Gabor Gurbacs, a director at VanEck, recently agreed that while a spot ETF will create \"trillions in value\" he advised people not to “overestimate the initial impact of U.S. Bitcoin ETFs”, Some claim that the approval will require ETF issuers to purchase tens of billions dollars of bitcoin to satisfy the institutional demand, leading to a radical shift in the supply and demand dynamics. \n\nWith so many Bitcoin whales already holding their coin in their personal wallet signals that they're less inclined to sell which could increase scarcity and impact positively on price. Although, CryptoQuant and QCP Capital suggest that BTC will dip as low as $32,000 due to the amount of unrealized profits in the market and sell the news scenario demand for the ETFs.\nWe have witness BTC rally over 61% since October due to the expectation of SEC approval of one or more of the spot ETF applications. This expectations keep growing stronger and with final BTC ETF application filling being posted by major US exchanges, many analyst are confident that SEC will approve the first US spot Bitcoin ETF soon. \n\nRecently, Bitget launched an event to encourage users to trade BTC as we near spot ETF approval, this confirm the impact of the ETF approval and the readiness of exchanges but does this approval signals the bull-run? What do you expect after the approval?",
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      "author": "captainsaudi",
      "body": "I agree with your point that safe and trustworthy exchanges are the foundation for crypto to flourish that is why is very important to use an exchange that align to this principles. POR and Users protection fund introduction to this industry is geared toward reinstating confidence and transparency and as a precautionary measure against further FTX scenario as such users need to prioritize this features when choosing an exchange.",
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      "author": "minnowswarm",
      "body": "This post is supported by the minnowswarm community, using a free service.\nA community that helps support the little guy 😊, we join lots of other small accounts to help each other grow! \nFinally a good curation trail that helps small users achieve growth, its fun on a bun! check it out. https://som.lan.247420.xyz/ \nWe are open source and have been audited by many users and its easy to confirm that there is no risk in using it.\nBoth our enrollment system and upvote bot is open source and whitelisted by MalwareBytes, accepted by Github, and we've serviced thousands of users since 2017, our bot is free and will only ever vote on your behalf if your idle reaches 100%.\n We respect our users freedom, enrollement as well as unenrollment from our system is done directly on the blockchain and you do not need our services to join/leave.\n\nBot source: https://github.com/AnEntrypoint/school-of-minnows\n\nLanding page source: https://github.com/AnEntrypoint/school-of-minnows-landing\n\nSchool of minnows is FREE OPEN SOURCE software, if you need to contact us, meet up on the 247420 discord: https://discord.gg/NED33mNpms\nWe are always active and happy to answer any questions you may have.",
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    {
      "author": "captainsaudi",
      "body": "$SFUND Currently the top trending on Coingecko. Seedify acts as a launching pad for blockchain games and the disruptive P2E gaming model. The team behind the Seedify project are pursuing a global goal: to acquaint gamers with the blockchain and increase the rate of technology adoption, attract a huge number of users, create more jobs and financial benefits.\nMarket Cap: $158 Million\nTotal Supply:100 Million\nATH: $16.79\n\nARB\nArbitrum is one of the L2 scaling solution that uses optimistic rollups to achieve its goal of improving scalability and cost-efficiency on Ethereum mainnet. The native token $ARB is used for governance and has an ambitious roadmap which include; Launching its own layer-three solution called Orbit; Enabling developers to deploy programs written in popular programming languages like Rust, C++, and more using Stylus; Expanding its validator set to include more independent institutional validators; Moving its protocol to layer two with Arbitrum One.\nMarket Cap.: $1 Billion\nTotal Supply: 10 billion\nATH: $11.80\n\n$ORDI\nOrdinals is a BRC-20 coin Bitcoin blockchain. What Ordinals protocol does is to write information to each Satoshi, such as text, pictures, audio, video, etc. Due to the size limit of the Bitcoin clock, the main information for inscription (ie. Mint) is mainly text and pictures, in from of NFT and Token. Many analysts see this token as the next BTC.\nMarket Cap: 1.19 Billion\nTotal Supply: 21 Million\nATH: $65.19\n\n$TIA\nCelestia (TIA) is the first modular blockchain network that enables anyone to easily deploy their own blockchain with minimal overhead.\nMarket Cap: $1.5 Billion\nTotal Supply: 1 Billion\nATH: $11.39\n\n$T2T2\nT2T2, launched via Bitget launchpad, is a comprehensive Web3 social platform deployed on Ethereum and Base chain, focusing on innovative on-chain social interactions. It aims to provide socializing services in one stop for all users in the Web3 space. T2T2 allows users, project teams and KOLs to easily engage and socialize to maximize their personal economic value\nMarket Cap:\nTotal Supply: 10 billion\nATH: $0.42\n\nWhich one do you think shouldn't be on the list or which other project do you think should be added to the list? But give an insight about the project.",
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    {
      "author": "diamondhand3",
      "body": "Hmm! I'm more of an investor & a swing trader. I always make it habit of adopting dyor, and follow the market trends or should i say I'm always updating myself with recent market trends which BG always provides for its users on daily basis.",
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      "author": "captainsaudi",
      "body": "The token is currently among most trending on CMC and top gainers on Bitget. One feature I love most about CAGA is the stacking transparency.",
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      "parent_author": "diamondhand3",
      "parent_permlink": "caga-a-promising-crypto",
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      "to": "captainsaudi"
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  "op": [
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    {
      "author": "captainsaudi",
      "body": "It is a best practice to buy dip and sell high but this strategy mostly doesn’t go as planned because you can’t predict the final bottom. Some traders BTD anticipating a potential pullback which mostly doesn’t happen and this force some into panic selling. DYOR is mostly advisable but some people fail to know which analysis they should focus more on. When deciding to hold a token for a long-term FA is very important and its cardinal point should be thoroughly scrutinized before making such a decision. These points include; Whitepaper, Road map, and Usecase. These points have a huge impact on deciding how long to hold a project and also booast your confidence in the project's bullish potential. \n\nThe first principle in this industry is “invest what you can afford to lose\" though many neglect this principle as such when a project is going through a price correction they panic sell and sell at a huge lost. Most normal regret their decision later when they see the project back on track. Once you adhere to the first principle you hardly fall victim to panic sales. Note that it is mostly not advisable to hold meme tokens una less you are convinced because meme goes with the hype and finds it hard to retest its ATH once the hype is over. \nAnyway what are your trading strategy and principles you take adhere to most?",
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      "parent_author": "",
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      "permlink": "is-selling-a-token-at-a-lost-a-wise-decision",
      "title": "Is Selling a Token at a lost a wise decision?"
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      "author": "captainsaudi",
      "body": "Investing in crypto could be challenging especially the Fear of Missing out Lambo. This mostly affect traders trading strategy and ideology. Predicting the right time to buy is always cumbersome and that is why many analyst advise DCA because it curtails FOMO and gives you a long-term crypto trading mentality.\n\nIn crypto Dollar Cost Averaging involves investing the same amount of money in a target token at regular intervals over a certain period of time, regardless of price. This will help to control volatility on your portfolios and minimize FOMO For example when you decide to invest $100 on a token and invest $10 daily or weekly or monthly till you fulfilled you $100 target investment on the token irrespective of the price of the token. This strategy helps a crypto trader to build his portfolio over the long term thereby he/she is not bothered by short-term volatility in the broader markets.\n\nThis strategy mostly favours low-budget traders in building a strong portfolio but the problem most normally encounter is exchange minimum trading amount. One analyst advised on how to mitigate this was to accumulate on exchange that has lower trading fees and later send to where you desire to hold. He also noted that some of this exchanges are good in listing good projects for you to be among the early birds.\nDo you think DCA is the best method to accumulate token and which exchange offers the lowest tradeable balance and trading fees?",
      "json_metadata": "{\"tags\":[\"crypto\",\"trading\",\"strategy\",\"exchange\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "hive-175254",
      "permlink": "why-dollar-cost-averaging-is-good-for-low-budget-traders",
      "title": "Why Dollar-Cost Averaging is good for low-budget traders?"
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    {
      "author": "xtravaganza",
      "body": "After i have researched a project and im satisfied with it, i use both fundamental and technical analysis to decide when to secure its token. My background knowledge on DeFi also comes handy here",
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      "parent_author": "captainsaudi",
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    {
      "author": "kizozo",
      "body": "Your analysis are quite insightful but it's important to note that coins like BTC, ETH, XRP BNB & BGB have very high Mcap yet it's the top priority of traders and even newbies coming to the space. It all depends on individual perspective and level of patience, BTC and other tokens listed above can still do 10× or more in the next bullrun with such a huge mcap already. But for new start-up projects, aside the points you have raised, the calibre of cex that list them could also be a good factor because most times, this tokens get exposure when the secure top cex listing from exchanges like Bitget, Binance and Coinbase. A good example is SHRAP that was listed few weeks ago on Bitget. The token is currently bullish showing a complete variation from the initial listing price.",
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      "parent_author": "captainsaudi",
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      "permlink": "s4hd99",
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  "timestamp": "2023-11-21T15:48:48",
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      "author": "captainsaudi",
      "body": "Pyth network is a blockchain oracle that is designed to provide reliable, low-latency market data from institutional sources to secure smart contracts with high-fidelity oracle feeds. It is the largest first-party Oracle network for publishing financial market data on-chain, sourcing its data from over 90 first-party data providers, including some of the biggest exchanges and market makers. The network aggregates data from these sources and sends it directly to Solana nodes for aggregation, ensuring that the network provides more trustworthy data than other third-party aggregators. Pyth Network's data feeds are engineered to meet the security, accuracy, and reliability standards of DeFi, and 230+ apps trust Pyth data, including DEXs, lending protocols, and derivatives platforms.\n\nWhile Pyth Network is a significant player in the Solana ecosystem, it is not the only one. Other oracle networks such as Chainlink and Band Protocol also provide similar services. \n\nSo why is Pyth network trending? The project airdropped over 255 million tokens to up to 90k Solana wallets, this sparked a lot of interest and generated huge exposure for the project. So many top-tier exchanges have already listed the token though price dip after listing, it is expected for an airdropped project. Users who missed the airdrop have resorted to other means of earning free airdrops like the Bitget 10K deposit and trade opportunity.",
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      "permlink": "why-the-pyth-network-hype",
      "title": "Why the Pyth Network Hype?"
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      "amount": "0.010 STEEM",
      "from": "bluesniper",
      "memo": "Hello. Good to see you on Steem. To maximize your rewards, publish your post also on Hive ( hive.blog ) and Blurt ( blurt.blog ) blockchains. Use upvu, jsup or ctime and get instant upvotes",
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  "op": [
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    {
      "author": "captainsaudi",
      "body": "Ever wonder people celebrating a project for doing several X but your portfolio is still in negative? Trading in general entails buying at a right price and selling at the right/desired price because the only aim of trading is to make profit. A lots of crypto newbies fall prey to buying the top and become exit liquidity for others. \n\nOne important factor that we mostly ignore when buying a token is the Market cap (MC). Is mostly advisable not to buy when the MC is too high unless you are convinced. I know usecase, project team, community etc are other factors to be considered but MC is highly important and we mostly miss it out.  It is mostly advisable to buy when the MC is very low, i.e buying a token very early but one major problem associated with this strategy is spotting this project on time. Some Kols claim tracking whale Contract Address (CA) is the way to go, others believe Defilama, Dextool etc help them, while some believe some exchanges listed early. Either way, what are your strategies to buying low and selling high?",
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      "parent_permlink": "hive-175254",
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      "title": "Buying Low and Selling high, When to Buy?"
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{
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    {
      "author": "diamondhand3",
      "body": "It was a good thing I grabbed some CHAPZ early on the largest copy trading platform to HODL in anticipation for the Bull run cos I believe WAGMI with the tokens.",
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      "parent_author": "captainsaudi",
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    {
      "author": "captainsaudi",
      "body": "Well, this listing was on point as it brought the token to a lot of users knowledge and I was able to ape some. Right now it is still on my radar as I am still look for another point to enter",
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      "parent_author": "xtravaganza",
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    {
      "author": "maxicreed",
      "body": "I agree cos apart from the United States that  has been difficult for them to comply with their harsh regulatory policy; the exchange is operating in Canada and UK where Binance and few others have left due to regulatory policy",
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      "parent_author": "captainsaudi",
      "parent_permlink": "s1r9fs",
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  "op": [
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      "author": "duna247",
      "body": "Oh what a nice insight, if all this could play out as expected, we could be expecting a good end of the year and a blast in 2024. But in the meantime, it is still very important to understand the market and play safe hence the reason I still depend on some elite traders and copy there trades.",
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      "parent_author": "captainsaudi",
      "parent_permlink": "s1rafx",
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    {
      "author": "captainsaudi",
      "body": "Other factors need to play out for BTC to easily hit such price. Consider Gary's sacking, anticipated BTC ETF approval, halving price history, and Bitquant price prediction. These factors could ignite a bullish October or bullish 2023 ending.",
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      "parent_author": "kizozo",
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      "author": "captainsaudi",
      "body": "In my opinion, regulations are aimed at protecting citizens from exploitation so I wonder why some exchanges can't comply with them. Binance might be the biggest CEX in terms of userbase and Trading Volume but other exchanges like Bitget have shown trustworthiness and reliability by complying with these regulations changes. The exchange is among the most regulatory compliance CEXs we have.",
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      "parent_author": "benmag62",
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{
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    {
      "author": "captainsaudi",
      "body": "@@ -1556,660 +1556,94 @@\n %0A %0A \n-https://www.bing.com/ck/a?!&&p=81cdb32136b85be2JmltdHM9MTY5NTM0MDgwMCZpZ3VpZD0xNjZhN2U0ZS00ZGFiLTZjZDQtMDRlOS02ZDU1NGNiNjZkYjImaW5zaWQ9NTUwMw&ptn=3&hsh=3&fclid=166a7e4e-4dab-6cd4-04e9-6d554cb66db2&psq=Bitquant+view+on+BTC+price&u=a1aHR0cHM6Ly93d3cuZnhzdHJlZXQuY29tL2NyeXB0b2N1cnJlbmNpZXMvcHJlc2FsZS10b2tlbi1uZXdzL3RoaXMtdHJhZGVycy1iaXRjb2luLXByaWNlLXByZWRpY3Rpb24tc2Vlcy1idGMtaGl0LWEtbmV3LWF0aC1iZWZvcmUtMjAyNC1oYWx2aW5nLXdoaWxlLWJ0Yy1ic2MtdG9rZW4tbmVhcnMtMy1taWxsaW9uLTIwMjMwOTE4MTIxMCM6fjp0ZXh0PUluJTIwYSUyMHJlY2VudCUyMHBvc3QlMjBvbiUyMFglMkMlMjBCaXRRdWFudCUyMHN0YXRlZCxhbmQlMjBoaXQlMjB0aGUlMjAlMjQyNTAlMkMwMDAlMjBsZXZlbCUyMGxhdGVyJTIwaW4lMjAyMDI0Lg&ntb=1\n+Bitcoin price all-time high will precede 2024 halving %E2%80%94 New prediction (cointelegraph.com)\n",
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      "title": "Bitcoin Halving and Some Anayst View"
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{
  "block": 78372644,
  "op": [
    "comment",
    {
      "author": "captainsaudi",
      "body": "A lot of speculation and analysis on the possible price movement of BTC in response to the anticipated halving event. Bitcoin halving is one of the most important events on Bitcoin’s blockchain. It occurs when the reward for mining Bitcoin transactions is cut in half, thereby serving as a deflationary mechanism to checkmate BTC supply and ensure it remains relevant and scarce in the crypto space. The next halving is expected to occur in April or May 2024 when the block reward will fall to 3.125 bitcoins. Analysts are divided on the price of BTC prior to and after the 2024 halving event. Some are optimistic while some are pessimistic.\n \n Considering BTC price before halving and years after halving some analysts have predicted BTC to hit above its current ATH of $69k before the halving while some think that this halving will be different and BTC won’t surpass its previous ATH as seen before halving. Taking this into consideration let’s see the previous BTC trend before and after the halving.\n 2012\n Price $182 \n After a year = $510\n 2016 \n Price = $661\n After a year = $2,600\n 2020 \n Price = $4,000\n After a year = 69,000\n \n Notice that BTC consecutively retest and sets a new ATH to the previous halving event to justify some optimistic analyst like BitQuant view that BTC will not reach its peak before the halving but will hit a new ATH before the event next year. On the other hand, some pessimistic views believe BTC will not reach a new ATH until 2025 citing regulatory issues as a hindrance. What is your view concerning the BTC price?\n \n https://www.bing.com/ck/a?!&&p=81cdb32136b85be2JmltdHM9MTY5NTM0MDgwMCZpZ3VpZD0xNjZhN2U0ZS00ZGFiLTZjZDQtMDRlOS02ZDU1NGNiNjZkYjImaW5zaWQ9NTUwMw&ptn=3&hsh=3&fclid=166a7e4e-4dab-6cd4-04e9-6d554cb66db2&psq=Bitquant+view+on+BTC+price&u=a1aHR0cHM6Ly93d3cuZnhzdHJlZXQuY29tL2NyeXB0b2N1cnJlbmNpZXMvcHJlc2FsZS10b2tlbi1uZXdzL3RoaXMtdHJhZGVycy1iaXRjb2luLXByaWNlLXByZWRpY3Rpb24tc2Vlcy1idGMtaGl0LWEtbmV3LWF0aC1iZWZvcmUtMjAyNC1oYWx2aW5nLXdoaWxlLWJ0Yy1ic2MtdG9rZW4tbmVhcnMtMy1taWxsaW9uLTIwMjMwOTE4MTIxMCM6fjp0ZXh0PUluJTIwYSUyMHJlY2VudCUyMHBvc3QlMjBvbiUyMFglMkMlMjBCaXRRdWFudCUyMHN0YXRlZCxhbmQlMjBoaXQlMjB0aGUlMjAlMjQyNTAlMkMwMDAlMjBsZXZlbCUyMGxhdGVyJTIwaW4lMjAyMDI0Lg&ntb=1",
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