Harga Bitcoin Tertahan di Bawah $70.000 Saat Kripto Retail Bersiap Jelang Halving

Harga Bitcoin Turun, Menunggu Pembalikan di Atas $67.711

Harga Bitcoin (BTC) turun pada hari Senin, mencapai titik terendah di $68.200. Gerakan ini menyebabkan likuidasi senilai hampir $250 juta di seluruh pasar. Penurunan ini terjadi saat pasar memasuki bulan halving Bitcoin, dengan acara tersebut tinggal tiga minggu lagi. Biasanya, penurunan pra-halving terjadi 20 hari sebelum halving. Namun, sebelum itu, pasar cenderung menguat dengan dorongan dari FOMO (takut ketinggalan) dan situasi 'beli rumor'.

Penambang Siap, Hash Rate BTC Meroket

Penambang juga bersiap dengan peningkatan hash rate BTC yang meroket. Artinya, total daya komputasi yang digunakan untuk menambang Bitcoin telah meningkat secara signifikan, menunjukkan bahwa lebih banyak penambang yang berpartisipasi dalam jaringan.

Prospek Harga Bitcoin Saat Bulan Halving Dimulai

Pembalikan dapat mendorong pasar ke $73.500, yang merupakan resistensi utama berikutnya sebelum harga Bitcoin dapat mencapai puncak $73.777. Di luar level ini akan menjadi wilayah bullish yang lebih kuat antara $74.000 dan $75.000. Sebaliknya, penurunan di bawah $68.500 akan menjadi tanda bearish untuk jangka pendek, berpotensi mengirim harga Bitcoin ke $63.500, memberikan peluang beli bagi pelaku pasar yang terlambat sebelum halving. Indikator teknis menunjukkan tren menurun masih belum berakhir, kemungkinan sampai harga Bitcoin menguji garis tengah rentang pasar di $67.711, yang bertepatan dengan Fibonacci 50%. Dalam kasus yang buruk, BTC dapat berputar di sekitar Simple Moving Average (SMA) 200 hari di $67.307. What is circulating supply? The developer or creator of each cryptocurrency decides on the total number of tokens that can be minted or issued. Only a certain number of these assets can be minted by mining, staking or other mechanisms. This is defined by the algorithm of the underlying blockchain technology. Since its inception, a total of 19,445,656 BTCs have been mined, which is the circulating supply of Bitcoin. On the other hand, circulating supply can also be decreased via actions such as burning tokens, or mistakenly sending assets to addresses of other incompatible blockchains. What is market capitalization? Market capitalization is the result of multiplying the circulating supply of a certain asset by the asset’s current market value. For Bitcoin, the market capitalization at the beginning of August 2023 is above $570 billion, which is the result of the more than 19 million BTC in circulation multiplied by the Bitcoin price around $29,600. What is trading volume? Trading volume refers to the total number of tokens for a specific asset that has been transacted or exchanged between buyers and sellers within set trading hours, for example, 24 hours. It is used to gauge market sentiment, this metric combines all volumes on centralized exchanges and decentralized exchanges. Increasing trading volume often denotes the demand for a certain asset as more people are buying and selling the cryptocurrency. What is funding rate? Funding rates are a concept designed to encourage traders to take positions and ensure perpetual contract prices match spot markets. It defines a mechanism by exchanges to ensure that future prices and index prices periodic payments regularly converge. When the funding rate is positive, the price of the perpetual contract is higher than the mark price. This means traders who are bullish and have opened long positions pay traders who are in short positions. On the other hand, a negative funding rate means perpetual prices are below the mark price, and hence traders with short positions pay traders who have opened long positions. Bitcoin retail makes a comeback Bitcoin price dropped during the early hours of the New York session on Monday, bottoming out at $68,200. The move saw nearly $250 million in total liquidations across the market. It comes as the market walks into the Bitcoin halving month, with the event barely three weeks out. Bitcoin Halving now 19 April - 18 days away. Typically pre-halving flush is 20 days from halving. pic.twitter.com/KHsyOiwq4g — MartyParty (@martypartymusic) April 1, 2024 Typically, pre-halving flush is 20 days from halving. Before that, however, markets tend to rally with tailwinds from FOMO and the ‘buy the rumor’ situation. Standing at the ready, miners are also making deliberate moves as seen in the skyrocketing BTC hash rate.  It means that the total computational power being used to mine Bitcoin has increased significantly, indicating that more miners are participating in the network. #Bitcoin hash rate has tripled since the last ATH, despite its price remaining the same. Price is yet to follow the fundamentals pic.twitter.com/9KYcNRcD1z — Bitcoin Magazine (@BitcoinMagazine) April 1, 2024 According to CNBC Mad Money host Jim Cramer, sellers are better placed than buyers currently as BTC downside momentum looks likely. More closely, however, it is imperative to note that the April 1 sweep saw Bitcoin price take out the March 27 lows below $68,500. The onus is now on the bulls to keep holding above this range. Bitcoin price outlook as halving month kicks off A reversal could push the market to $73,500, which is the next major resistance before the Bitcoin price can reclaim its $73,777 peak. Beyond this level would be a stronger bullish region between $74,000 and $75,000. On the other hand, a decline below $68,500 would be a bearish sign for the short term, potentially sending Bitcoin price to $63,500, providing a buying opportunity for the late bulls before the halving. Multiple technical indicators suggest the downtrend is still not over, likely until Bitcoin price tests the midline of the market range at $67,711, which coincides with the 50% Fibonacci placeholder. In a dire case, BTC could pivot around the 200-day Simple Moving Average (SMA) at $67,307. The histograms of the Awesome Oscillator (AO) are dropping toward the zero line as the Relative Strength Index (RSI) nosedives to show falling momentum. These, coupled with the dwindling volume indicator suggests a weakening bullish trend. BTC/USDT 4-hour chart Conversely, a reentry by the bulls could see Bitcoin price recover to overcome resistance due to the 50-day SMA at $69,565. Extended gains could set the pace for BTC price to reclaim above the $69,000 threshold. A candlestick close above this landmark level would encourage more bulls to hit $73,500 before taking the $73,777 all-time high back. Such a move, denoting an 8% upswing, would set the tone for a higher peak above $74,000. A four-hour close above the range high would be the first step. Apa itu persediaan yang beredar?Pengembang atau kreator setiap mata uang kripto menentukan jumlah total token yang dapat dicetak atau diterbitkan. Hanya sejumlah aset tertentu yang dapat dicetak melalui penambangan, pengintaian, atau mekanisme lain. Ini ditentukan oleh algoritme teknologi blockchain yang mendasarinya. Sejak awal, total 19.445.656 BTC telah ditambang, yang merupakan persediaan Bitcoin yang beredar. Di sisi lain, persediaan yang beredar juga dapat berkurang melalui tindakan-tindakan seperti membakar token, atau salah mengirim aset ke alamat dari blockchain lain yang tidak kompatibel. Apa itu kapitalisasi pasar?Kapitalisasi pasar adalah hasil dari perkalian persediaan yang beredar dari suatu aset tertentu dengan nilai pasar aset saat ini. Untuk Bitcoin, kapitalisasi pasar pada awal Agustus 2023 berada di atas $570 miliar, yang merupakan hasil dari lebih dari 19 juta BTC yang beredar dikalikan dengan harga Bitcoin sekitar $29.600. Apa itu volume perdagangan?Volume perdagangan mengacu pada jumlah total token untuk aset tertentu yang telah ditransaksikan atau dipertukarkan antara pembeli dan penjual dalam jam perdagangan yang ditentukan, misalnya, 24 jam. Ini digunakan untuk mengukur sentimen pasar, metrik ini menggabungkan semua volume di pertukaran tersentralisasi dan pertukaran terdesentralisasi. Meningkatnya volume perdagangan sering menunjukkan permintaan akan aset tertentu karena semakin banyak orang yang membeli dan menjual mata uang kripto tersebut. Apa itu tingkat pendanaan?Tingkat pendanaan adalah konsep yang dirancang untuk mendorong pedagang mengambil posisi dan memastikan harga kontrak abadi sesuai dengan pasar spot. Ini mendefinisikan mekanisme oleh pertukaran untuk memastikan bahwa harga masa depan dan harga indeks pembayaran berkala secara teratur bertemu. Ketika tingkat pendanaan positif, harga kontrak abadi lebih tinggi dari harga tanda. Ini berarti pedagang yang optimis dan mempunyai posisi beli membayar pedagang yang mempunyai posisi pendek. Sebaliknya, tingkat pendanaan negatif berarti harga abadi berada di bawah harga tanda, dan oleh karena itu pedagang dengan posisi pendek membayar pedagang yang mempunyai posisi beli.