On-chain settlement volume provides insight into Bitcoin network health and adoption. Currently, the network processes about $6.2 billion worth of entity-adjusted transaction volume daily. However, this figure is trending downward towards the yearly average, indicating a cooling off in network usage and throughput. This decline suggests reduced activity on the Bitcoin network, which is generally interpreted as a negative indicator. The diminishing settlement volume points to a potential slowdown in overall network engagement and could signal a shift in user behavior or market conditions.
Читать полностью…#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, made a further move towards the targets and now flipped above the resistance zone of $65,000. Now, we need to see the weekly closing. That will the strong indication for the buyer confidence.
Here's the Analysis of #CELO :
#CELO flipped the major resistance zone of $0.624 - $0.640 and now acting as major support. Price looking strongly bullish, and expected a minor retracement and an upmove after that. Buying the dips looks good enough here.
Declining miner revenues hint at potential income stress. While miners traditionally sold most mined coins to cover costs, they're now retaining some in treasuries. This shift is notable given miners' usual pro-cyclical behavior. Rising hash rates and difficulty are increasing production costs, potentially squeezing profitability. Miners now face a delicate balance between covering expenses and strategically holding Bitcoin, adapting to the evolving market dynamics.
Читать полностью…#BTC entered the strong resistance but moving slowly and getting sell pressure from the level. We can expect some sort retracement now as price is struggling to break through it.
Читать полностью…🚀 #BFLOKI/USDT Breakout Signal Skyrockets to Nearly 15X! 🚀
🔥 Our call on #BFLOKI took MEXC by storm, climbing the ‘Top Gainers’ list and hitting a massive peak of almost 15X (1300%)! 🔥
Hundreds of thousands of traders jumped on board, and those with quick reflexes and good internet locked in serious profits. 💸💨
We’re thrilled to see so many of you turn a huge profit on this signal! But if you missed this quick move, get ready for the upcoming mega 50X-100X pump signal—it’s going to be massive! 💥
Stay tuned for our next signal announcement—it’s going to be even bigger! 🚀📈 More gains are coming!
Real breakout just started, big pump incoming... buying every small dip before reaching new highs!!
Читать полностью…Undervalued and Ready 💎 #BFLOKI is massively undervalued with huge upside potential—get in now it is taking off 🚀
Читать полностью…#BNX is been rejected hard from the resistance area, now reached the bottom of the zone and trying to break below this. Now price can bounce from here or from the bottom of the support zone of $0.811 - $0.906 and buys can be taken.
Читать полностью…What Is ‘Stacking Sats?
"Stacking sats" refers to the practice of accumulating small amounts of Bitcoin, typically expressed in "satoshis," the smallest unit of a Bitcoin. The term "stacking sats" is a play on words, as the word "sats" is a shortened form of "satoshis," and the phrase "stacking" refers to the process of accumulating more of something over time.
The idea behind stacking sats is to accumulate as many satoshis as possible through regular small purchases or earning opportunities, with the goal of eventually owning a meaningful amount of Bitcoin. This approach to investing in Bitcoin is often seen as a long-term strategy, as its value can be expected to appreciate over time and can provide a hedge against inflation.
The Benefits of Stacking Sats
There are several benefits to stacking sats and accumulating small amounts of Bitcoin over time:
1. Dollar-Cost Averaging: By regularly buying small amounts of Bitcoin, you can take advantage of dollar-cost averaging, a strategy that involves spreading out your purchases over time to reduce the impact of price volatility.
2. Long-Term Investment: Bitcoin is often seen as a long-term investment. Stacking sats can help you accumulate a meaningful amount of Bitcoin over time and benefit from its appreciation in value.
3. Inflation Hedge: Bitcoin is designed to have a limited supply, which makes it a potential hedge against inflation since the supply of Bitcoin is not subject to the same monetary policies as traditional currencies.
4. Diversification: Adding Bitcoin to your investment portfolio can help diversify your investments, which reduces your overall portfolio risk.
#TIA given a prefect close and had a retest and move around 22% in profits. I recommend to book some profits here and move the stops to breakeven, for securing the capital.
Читать полностью…Declining miner revenues hint at potential income stress. While miners traditionally sold most mined coins to cover costs, they're now retaining some in treasuries. This shift is notable given miners' usual pro-cyclical behavior. Rising hash rates and difficulty are increasing production costs, potentially squeezing profitability. Miners now face a delicate balance between covering expenses and strategically holding Bitcoin, adapting to the evolving market dynamics.
Читать полностью…#ETH ANALYSIS :
#ETH is been bouncing off from the strong support zone of $2140 - $2170 and kinda in between a point of control area and nearby resistance too. A drop back to the support zone is expected or a breakout will lead the price to the upwards direction.
Undervalued and Ready 💎 #BFLOKI is massively undervalued with huge upside potential—get in now it is taking off 🚀
Читать полностью…Next Big Thing 🚀 #BFLOKI is primed to skyrocket—don’t miss out on this GEM before it moons.
Surge in volume is coming from a large number of outsiders🔥🔥
Keep buying, our whale will support market buy!🚀
https://www.mexc.com/exchange/BFLOKI_USDT
🚀 20X-50X Breakout Signal on MEXC exchange: #BFLOKI 🚀
https://www.mexc.com/exchange/BFLOKI_USDT
Buy and hold for massive profits🚀