🪙 Bitcoin set for 3-month historic rally as analysts eye $92K BTC

💫 According to market analysts, this could be the last dip buying opportunity for Bitcoin before the next leg up.

🗓 After several months of downward movement, Bitcoin may be poised for a three-month rally, with some analysts predicting a breakout above $92,000.

🎈 Bitcoin’s price could be on the brink of a three-month rally based on historical post-halving chart patterns.

recently retested a key support level on the weekly chart, which could set it up for a rally above $90,000, according to the popular analyst Titan of Crypto.

🤪 Spot #Bitcoin ETFs bought 6,892 #BTC this week, while miners only produced 2,250 BTC 👀

Insane 🤯

🪙 Closure of Bitcoin Mining Center Causes Spike in Power Bills for Citizens in Norwegian Municipality

🆗 The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used by the operation to other purposes. While citizens and Hadsel’s mayor celebrated this development because of the noise emitted by the site, they now face a 20% increase in their power bills. Mayor Kjell-Børge Freiberg told local media that he expects to attract other productive projects to take advantage of this energy. “This is how the regulation of our power system works, which lies outside the municipality’s authority and control. We have to deal with that,” Freiberg stressed

🐕 Shiba Inu might go parabolic as soon as next month, says Austin Hilton

✈️ SHIB’s next parabolic breakout is approaching.

💙 Hilton starts by prefacing that “everything follows Bitcoin” and suggests BTC is about to surge.

💙 The analyst looks at Bitcoin’s historical price performance, highlighting that it is “almost always red” in September but is usually followed by an explosive upward rally in October, November, and December (Q4).

🪙 $270 billion asset manager founder Ric Edelman says "#Bitcoin will be $420,000" by 2030 ⚡

Probably something 💥

Crypto#

〰️ Bitcoin ’anxiety stage‘ risks more September losses, but there’s a silver lining

🎈 Bitcoin analysts are eying a breakout point in the coming weeks, but market sentiment and historical data threaten more potential downside in September.

📈 Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks

💬 Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody.

🎲 Samson Mow Doubles Down on $1 Million Bitcoin Price Prediction

📀 Samson Mow, CEO of JAN3, recently doubled down on his earlier prediction about bitcoin reaching $1 million this year. In an interview, Mow stated that the market was wrong, and that bitcoin was “massively undervalued” at current prices. “There is so little bitcoin out there you can’t even double your holdings as a large entity at this point,” Mow stressed. Mow compared bitcoin with a beach ball pushed underwater, pointing out that the pressure needs to be alleviated even when there can be price manipulation with entities shorting bitcoin. “Every quarter Tether is going to be buying bitcoin, every couple months Microstrategy is buying, Semler is buying. So you can see the tide already turning,” Mow concluded

✨ Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch

⚡ Data reveals that after Fractal Bitcoin’s mainnet went live, the project’s block explorer indicates the blockchain now controls over 35% of Bitcoin’s total hashrate. While Bitcoin hums along at an impressive 681 exahash per second (EH/s), Fractal Bitcoin’s sidechain has attracted about 241 EH/s of merged mining hashpower

✨ Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch

⚡ Data reveals that after Fractal Bitcoin’s mainnet went live, the project’s block explorer indicates the blockchain now controls over 35% of Bitcoin’s total hashrate. While Bitcoin hums along at an impressive 681 exahash per second (EH/s), Fractal Bitcoin’s sidechain has attracted about 241 EH/s of merged mining hashpower

#Crypto

💭 Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility

🪙 Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,000 more machines in September.

#Crypto

🪙 Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000

➡️ On September 9, 2024, bitcoin is trading for $55,321, rebounding from recent lows but facing strong resistance around the $56,000 mark. Oscillators and moving averages present a mixed picture, with signals split between sell and buy actions.

🪙 Graph Foundation Director: BTC Rally Fails to Rekindle Investor Interest in Crypto Startups

😭 According to a director of a non-profit organization, investors’ growing interest in artificial intelligence (AI) may be diverting funds away from crypto startups. The director suggested that the diminished investor interest, even with a rising crypto market, supports this assertion. The director said the diminished interest could be due to a lack of awareness about recent crypto developments.

#nostr #crypto

welcome back

GM 🌻 to the world 🌎

first and foremost, my gratitude goes to almighty God who made 20th of August which happened to be my birthday came to an existence. may his name be magnified.

I also appreciate you guys who took their time to respond to my post for birthday wishes, thank you very much. Thanks 🙏 to nostr family and thanks to everyone here.

#nostr #cryoto #bitcoin

You guys need to #zap my post as a birthday gift 😉🎁

#nostr #bitcoin

nostr:note17nepz303ydyml3qhs2zccqae4vwzta2fny6alpll6p640mp6zkeqnay6eh

Happy birthday to my humble self. 🎁

On this day, I pause and reflect,

Embracing all the moments I’ve come to collect.

With each year, wisdom and strength I gain,

Grateful for the joy and the lessons from pain.

I light the candles, make a wish anew,

For all the dreams I’m destined to pursue.

Here’s to the adventures that lie ahead,

And the love and laughter that will be spread.

#bitcoin #nostr #zap

🌐 TRON’s Circulating Supply Hits Record High

🚀 TRON DAO announced that the circulating supply of TRC20-based USDT has reached a record high of over 60 billion. This milestone underscores the increasing adoption and utility of USDT on the TRON blockchain, further solidifying its position as a major player in the stablecoin market.

GM 🌻 #bitcoin