Expectations Following Bitcoin's Halving

DAILY MARKET OVERVIEW
Post Halving Expectations

Welcome crypto enthusiasts! It's Thursday, and we've got a juicy market update for you. 

First up, the big question on everyone's mind - what happens after the halving?

Well, the crypto community is confident that history is set to repeat itself, with massive price rallies in Bitcoin following previous halvings.

According to Goldman Sachs, "caution should be taken against generalizing the past cycles and the impact of the Bitcoin halving, given the prevailing macroeconomic conditions."

But you know what they say, "When in doubt, zoom out!"

Despite all the volatility, Bitcoin is still up 8x since the last halving. So forget about the short-term noise and keep your eyes on the big picture.

Now, let's talk about those bull market corrections. We all know that price corrections greater than 25% are something normal for the course in the crypto world.

In fact, we've even seen some corrections exceed a whopping 60%! But take a deep breath, because the current correction is only at 16% - a walk in the park compared to previous cycles.

Alright, crypto fam, that's all the juicy market overview details we've got for you today. Remember, keep calm and HODL on.

TWITTER SENTIMENT
The Bitcoin Halving

The sentiment on Twitter has been steadily improving, but there's a possibility that the upcoming rebound could be a trap, leading to another downward leg.

However, investors remain confident that the upcoming Halving event will have a positive impact on the market.

Recently, a technical analysis by @i_am_jack has been posted on Twitter, comparing the current price action to the previous bull cycle.

• The analysis suggests that the current correction is very similar to the one we’ve had in the past bull cycle, indicating that altcoins could be getting ready for a massive run in the coming months, potentially finally starting to outperform Bitcoin.

Overall, the sentiment is starting to turn bullish once again, but it's still too early to rule out the potential for further downside corrections.

NEWS OVERVIEW
Recent Crypto News

• JPMorgan Predicts Bitcoin Price Drop Post-Halving

• Aptos Enters DeFi Partnership With Microsoft, Brevan Howard, And SK Telecom

• Bitcoin Sees $255 Million In Liquidations As Price Recovers To $63K Pre-Halving

• Ark Invest’s Bitcoin ETF Registers Second Day Of Outflows

YOUTUBE INFLUENCER SUMMARY
Because Bitcoin - Are Altcoins Ready to Outperform after BITCOIN HALVING? (18.04.2024 Summary)

As the highly anticipated Bitcoin halving event approaches in 2024, many cryptocurrency enthusiasts are turning their attention to the potential opportunities in the altcoin market. 

According to Max, the stage may be set for altcoins to outperform Bitcoin in the aftermath of the halving.

"History has shown that altcoins tend to surge in value following Bitcoin halvings," explains Max.

• "The reduced Bitcoin supply and increased scarcity often fuels speculative interest in other cryptocurrencies, as investors seek out the 'next big thing' beyond just Bitcoin."
  

• Max points to the 2016 Bitcoin halving as an example, where many altcoins saw explosive growth in the months that followed. "Ethereum, for instance, skyrocketed over 10x in the year after the 2016 halving. Other altcoins like Litecoin and Ripple also posted massive gains."
  

• Max believes that a similar dynamic could play out after the 2024 halving, as investors grow increasingly eager to find the next potential moonshot beyond just Bitcoin. "With Bitcoin's inflation rate reduced, the search for undervalued altcoins with greater upside potential could intensify,"
  

• Of course, the altcoin market remains highly speculative and volatile. Max cautions that "not all altcoins will necessarily benefit - thorough research and careful selection will be crucial." But for savvy investors, he believes the post-halving environment may present a prime opportunity to potentially outperform the broader crypto market.

As the Bitcoin halving approaches, crypto traders would be wise to look into Max's insights and keep a close eye on the evolving altcoin landscape. The stage may be set for these digital assets to shine in the months ahead.

Lark Davis - Gaming Crypto The 100X Opportunity Most Will Miss (18.04.2024 Summary)

In the ever-evolving world of cryptocurrency, one sector that is poised for explosive growth is crypto gaming. As Lark, explains, the crypto gaming landscape is about to undergo a significant transformation.

Lark believes the stage is set for the emergence of a new gaming trend – one where players can not only enjoy the game but also earn rewards in the form of cryptocurrency.

The key to this shift is the concept of "play-to-earn" (P2E) gaming.

• As Lark highlights, the previous cryptocurrency market cycle saw the rise of P2E games like Axie Infinity, where players could earn significant sums of money just by playing the game.
  

• While Axie Infinity faced some challenges during the bear market, Lark believes that the current cycle will bring even better and more engaging crypto games that can capture the attention of a vast audience of gamers.

One of the projects that Lark is particularly excited about is Beam, a blockchain-based gaming platform that aims to make game development and deployment a breeze for developers.

• Backed by the experienced team at Merit Circle, Beam is designed to cater to both seasoned gamers and crypto newbies, offering a seamless user experience that removes the typical hassles of connecting wallets and safeguarding recovery phrases.

Another project highlighted by Lark is Illuvium, a high-quality nft role-playing game and auto-battler that has already garnered significant attention.

• With its low circulating supply and solid market cap, Lark believes that Illuvium could see explosive growth, potentially reaching the same lofty heights as Axie Infinity in the previous cycle.

Lark also shines a spotlight on Off the Grid, a battle royale game that leverages the popularity of gaming streamers like Dr. Disrespect.

• With its high-quality graphics powered by Unreal Engine 5 and a multi-platform approach, Off the Grid has the potential to captivate a large audience of gamers.

For Solana enthusiasts, Lark points to Mix Mob, a card-based strategy racing game that has already attracted the backing of notable investors, including Solana Ventures, Merit Circle, and Arthur Hayes.

As Lark emphasizes, the current crypto gaming market is still in its infancy, with the combined market cap of gaming tokens being less than half of the meme coin market cap. This presents a compelling opportunity for early investors to potentially capitalize on the growth of this dynamic sector.

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