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Chinese New Year Message: My Thoughts on the Rise of Bitcoin! I wish you good luck to the cryptocurrency market by celebrating the Chinese New Year. I am hopeful for this year, considering that the spot Bitcoin ETF approval and the Bitcoin halving in April can continue the upward momentum in the price. I think that the dragon, which means luck in the Chinese Zodiac calendar, will get its share of this luck as the animal of 2024. Under favorable conditions, including Bitcoin ETFs and the Bitcoin halving, it is inevitable that Bitcoin prices will continue to rise. Let's wait and see what surprises the Year of the Dragon will bring to our cryptocurrencies. #NewYear2024 #ContentStar #BountyCreator #HotTopicDiscussion #GateioBountyCreator #ContentStar #Gate post Highlights #Thanksgiving #ChristmasWish

What is the latest situation in the market? The primary cryptocurrency has experienced an impressive rise over the past few weeks, rising from under $40,000 to over $50,000. This comes as recently approved spot Bitcoin ETFs in the United States have attracted billions of dollars in the first few weeks of trading. The asset's price has risen above $52,000 several times recently but has not been able to sustain the momentum towards $53,000. This finally happened yesterday when the bulls started another uptrend and touched this level to market a new high since late 2021. However, the bears were quick to block this move and pushed BTC to the downside. In a vehement refusal, the price of the cryptocurrency fell more than two thousand times in an hour and fell below $51,000. #HotTopicDiscussion

Famous analyst: Bitcoin (BTC) pre-halving rally has begun! Crypto analyst Rekt Capital stated that the expected rally ahead of the Bitcoin (BTC) halving has already begun. There is a spring mood in the cryptocurrency market. On Jan. 11, the consodilation formed by the start of trading on spot Bitcoin ETFs is about to come to an end. As Grayscale's selling pressure finally subsided, other ETF providers accumulated large amounts of BTC. The cryptocurrency market, which has been on a downward trajectory since Jan. 11, signaled a recovery last week. BTC reached $48,000 and also boosted altcoins. Crypto analyst Rekt Capital, in his social media post evaluating the situation, stated that the expected rally before the Bitcoin halving has already begun. According to the analyst, the crypto market is experiencing a rally. All eyes on the Bitcoin (BTC) halving! The cryptocurrency market has set its sights on the Bitcoin halving after spot Bitcoin ETFs. The halving, which is expected to take place in about 65 days, has started to whet the appetite of investors. Many investors have started to think that the Bitcoin halving is the factor that will start the bull run. Cryptocurrency analyst Rekt Capital stated that the process in which BTC was in a disadvantageous position was completed before the upcoming Bitcoin halving. The analyst stated that the pre-halving rally expected by the crypto industry has already begun. Rekt Capital evaluated Bitcoin's progress in 5 stages with its post on February 5. The first stage was stated as the negative process before the halving. According to the analyst, this stage is over. The other 4 phases of the analyst are in the form of a pre-halving rally, a pre-halving pullback, consolidation, and a parabolic bullish trend, respectively. Historical models used by Rekt Capital show that the expected rally before the Bitcoin halving usually starts two months before the halving. Pointing to the timeline, the analyst said that the rally could start next week. The famous analyst also underlined the need to be careful as the timeline is happening earlier than expected. #ContentStar #Gate post Highlights #HotTopicDiscussion #BountyCreator

Jupiter (JUP) Jupiter is a Solana DEX that provides the underlying liquidity infrastructure for the Solana ecosystem and is considered the best on-chain trading platform for spot aggregation, DCA, and perpetual products. Jupiter recently launched its JUP token on January 31. The JUP price has fallen, but it shows significant promise. JUP is currently trading at $0.48, up 1% in the last 24 hours. Its market capitalization is over $650 million at the time of writing. #ContentStar #HotTopicDiscussion #MyFancyCreator

Whales are collecting Bitcoin (BTC) As you can imagine, Bitcoin is on the radar of top players. There are several reasons for this. One of them is the SEC's approval of spot Bitcoin ETFs earlier this month. There are great expectations that this confirmation will affect the price of Bitcoin. While we haven't seen that yet, whales are attacking Bitcoin hard. On-chain indicators show that whale transactions have reached 18-month highs since June 2022. For example, a whale bought 1,750 BTC (about $76.9 million) from BNB. #BTCnin hedefi ne? #BTC duşuşe devam mi, tamam mi? # Halving ne zaman geliyor? #Gate Post Highlights