IT Tech Crypto

Miles Deutscher shared an interesting chart in a post on the X platform: Bitcoin Cumulative Return Index on Halving Years. 1️⃣ Current Position in 2024: The chart indicates "We Are Here," showing that Bitcoin’s price currently aligns closely with past cycles, particularly showing potential for an upward trajectory similar to 2016 or 2020. This position suggests that, if historical trends hold, there could be significant growth in the remaining part of 2024. 2️⃣ Long-term Outlook: Historically, Bitcoin has shown a strong tendency to outperform following halving events, especially in the latter quarters. This pattern suggests that, based on previous cycles, the 2024 cycle could see Bitcoin maintaining or accelerating its growth rate as demand potentially increases amid reduced supply. 📚 Market Sentiment: Following this historical pattern can boost market confidence. However, while history often serves as a guide, external macroeconomic factors should also be considered in projecting future movements. Read full analysis: 👇 🖥 https://ittechpl.substack.com/p/102-on-chain-insights-by-it-tech

💎 #BTC - multi - optical opti 🗺️ KF LiqMaps from : @thekingfisherliqmapbot 📖 How to read the KF LiqMaps: Read Guide 🌳 Link tree: Explore Links 💬 Join the conversation: Telegram Chat 📢 Telegram channel: Announcements

DOGE Biggest trading volume since October 2022 Open interest ATH Funding rate is decent, it is not at extremes

According to Arkham, the new address that received 30,371 BTC from Mt Gox 6 days ago: 1FG2Cv…XRveoy transferred 27,781 BTC (worth about $2.24 billion) to another new address: 1FhodF…AQLFRT at 7:39 UTC+8 today; and transferred 2,500 BTC (worth about $201 million) back to the Mt Gox cold wallet. — link

🔔 GM Read my latest Weekly Crypto Analysis: ➡️ https://ittechpl.substack.com/p/102-on-chain-insights-by-it-tech Enjoy your coffee ☕️

🤯 https://fxtwitter.com/52kskew/status/1855738316152521179?s=52

✅ Done

Still, some longs left to liquidation.

💎 #BTC - multi - optical opti 🗺️ KF LiqMaps from : @thekingfisherliqmapbot 📖 How to read the KF LiqMaps: Read Guide 🌳 Link tree: Explore Links 💬 Join the conversation: Telegram Chat 📢 Telegram channel: Announcements

Bitcoin - do not fall into FOMO like short-term holders. Read my latest crypto market analysis and get more insights. 🖥 https://ittechpl.substack.com/p/102-on-chain-insights-by-it-tech

💰 Bitcoin: $81,000

🔔 Don't Miss Out! A full analysis is now unlocked for free subs. Catch my latest Crypto Market Analysis every Sunday at 6:00 PM - free! Dive into the insights and trends that could shape your investments. See you there! 👇 ➡️ https://ittechpl.substack.com/p/102-on-chain-insights-by-it-tech

Make sure that you read all 7/7 posts!

⚠️ 🧵 Comprehensive #Bitcoin Market Analysis Based on Multiple Indicators. 🔍 The following analysis combines multiple on-chain metrics to assess the current state of Bitcoin's market cycle. Each indicator sheds light on the overall sentiment, market phase, and potential turning points for $BTC. 🔹Supply in Profit (%) 🔹Puell Multiple 🔹CryptoQuant P&L Index 🔹Bull/Bear Market Cycle Indicator 🔹MVRV Ratio 🔹UTXO Age Bands (Realized Cap) If you found this analysis valuable, please like 💙, repost 🔁, and share your thoughts 🗣 below! 👇 📱 https://x.com/IT_Tech_PL/status/1855638549502066958

⚠️ Check out my latest issue of Weekly Crypto Analysis! ➡️ https://ittechpl.substack.com/p/102-on-chain-insights-by-it-tech The new edition will be available at 18:00 for everyone, completely free of charge. Paid subscribers get immediate full access! Consider supporting my work by joining the paid subscribers ($5/month). 🤝

Bitcoin $80,000.

⚠️ Caution is needed. Don’t forget realize profits if you have. Stick to your plan. 🧠 https://x.com/milesdeutscher/status/1855533130750599640?s=52