TheCryptoKapina Updates

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#PolkaDot price started to dump after reaching $11.9 and has decreased by more than 40% so far. The bearish candles still look strong and the price has reached the top of the bearish channel. It is likely that the downward trend will continue and the price will easily break the support level of $6.180 - $5.700.

"As the final block of the #Bitcoin Halving 2024 is etched into the blockchain, we stand at the threshold of a new era in digital finance. With each halving, Bitcoin's scarcity deepens, its value reinforced by the immutable laws of mathematics. Let us reflect on the journey thus far, celebrating the resilience of Satoshi's vision and the unwavering dedication of the global Bitcoin community. As we look to the horizon, let us forge ahead with renewed determination, united in our pursuit of a decentralized future where financial sovereignty knows no bounds."

The price of #GALA reaches the bottom of the descending channel in the 4H-TF. The support level of $0.03200-0.03600 has been touched and is very important. If the price can break the current support, the next support level will be $0.02050-$0.02200.

Halving is near. Bags already halved

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After reaching the resistance level of $72,000-$74,000 , the price of #Bitcoin was dumped by about 15% and easily broke the dynamic support . Bitcoin dropped below $62,000 over the weekend as geopolitical tension shook the markets. However, tension seems to have subsided, and this conflict will not escalate further as the U.S. has ruled out joining an Israeli counter-attack on Iran, according to Al-Jazeera. The support level of $60,600-$61,500 is very important.

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