💥 #bitcoinhakving

Bitcoin Halving 2024 officially completed !

Say goodbye to the days of 900 BTC being mined daily,
as we welcome a new era with only 450 BTC being mined per day!
And
reducing miner rewards from 6.25 to  3.125 $BTC

..I am really trying to understand the economics of public mining stocks. I am picking #Riot to focus on.

Riot is down big, but still worth 2.1 Billion USD. That's 34,000 $BTC at current valuation.

In Febuary, Riot mined 418 Bitcoin. With the halving, thats a rate of about 209 Bitcoin per month, or 2500 Bitcoin per year.

Now, lets assume they don't buy any new miners, and they have completely free electricity and zero personel costs.

Well for the next cycle,
they mine 10K Bitcoin.
The next one, 5K #Bitcoin
Then 2.5K Bitcoin

In other words, they only ever mine 20K Bitcoin.

And that's assuming costs are ZERO, which they clearly aren't.

So why would anybody choose RIOT over the 34,000 Bitcoin?

I may have made a mistake here. Riot investors, help me out. Or weigh in if you have an opinion.

There are 2 cases here:

1/ mining stocks are overvalued
2/ at current rate after Halving Bitcoin is heavily undervalued.

#Bitcoin‬ UPDATE:

$BTC is Forming the Bullish Pennant in the 4H timeframe. Upside Breakout from this Bullish pennant is Expected.

Bitcoin looks quite Promising for $53.7K massive move.

Lets see what will happen upcoming Day.

U.S. Bitcoin spot ETFs see massive trading volumes in first three days

The newly Bitcoin spot ETFs in the U.S. have attracted huge investor interest, with nearly $10 billion worth of trades in just three days. The top three funds by trading volume were Grayscale GBTC with $5.174 billion, BlackRock’s IBIT with $1.997 billion, and Fidelity’s FBTC with $1.479 billion. These ETFs allow investors to gain direct exposure to Bitcoin prices without owning the cryptocurrency itself.
#cryptocurrecny
#BTC-ETF.
$BTC

Another Joke is conforming ......

#BTC

X's Safety team published a tweet that it confirms that the SEC's X account was compromised, and they have completed a preliminary investigation.

Based on our investigation, the compromise was not due to any breach of X’s systems, but rather due to an unidentified individual obtaining control over a phone number associated with the SEC account through a third party. We can also confirm that the account did not have two-factor authentication enabled at the time the account was compromised.

▪ Telegram ▪ X
▪ Community ▪ Source

This Is really Some Kind Of liquidity Joke..
#BTC

#BTC That means ETF Will approved soon...
soon $BTC to moon 🌙🚀

#crypto Investment

#MANAUSDT Ready for 🚀🚀

#Decentraland is completely on bull control now.

hopefully we can see .065 soon

#UNFIUSDT Forming #DOUBLE_BOTTOM on #WEEKLY .

Market Structure Creating like Double Bottom one weekly,
if Bearish failed to break this level on this week ,
then we will see easily bullish momentum for few weeks.

$UNFI
If BULLs Take The market Then 1st Target will be
Around- 11$

#BTC Short term Long ( scalping )

#BTC Long term Short ( swing )

$BTC is approaching with Bearish movement on weekly TF

if this weekly candle stay with bear the we can easily see 39800. only 1 day left for closing this week .Keep eye on it.

#scalping-long

market retracing atleast 42600- 800 from current market.
sniper enty will be 42200.

Good Day✌️

#SOLUSDT Going To moon🚀

$SOL Long

Stop Loss - 70

Target - 77

✓ #Bitcoin set for a major financial shake-up! New FASB rules just in via Bloomberg.

✓ BIGGEST WIN: Companies can now record Bitcoin at fair value, ditching the old lowest purchase price method. No more missing out on gains!

$BTC keeps proving its strength in the financial game!

#SOLUSDT Market Structure Shift To Up Diraction.

$SOL On #2H-TF and All Lower TF Market Move to Up Side Direction..
There is an Quick Opportunity To Grab Some Profit..

#Long - 66.00

Take-Profit - 70.00 / 72.00

#solana
lets Ride

#ALPHAUSDT STILL NOW ON THE BOTTOM.
If breakout This zone then it Will be Boom.
All Time High- 2.95
Current Price- 0.10
$ALPHA is from some coins,
which haven't experienced a Pump till now.

so, I am Thinking that $ALPHA
can Pump anytime from here.

MARKET ALWAYS FILL-UP HIS GAP#BTCUSDT
ITS LIKE - FILL IN THE GAPS 😆
THIS IS THE NATURE OF MARKETS..

When You See The #Monthly & #weekly Candle Then You Will See Nothing Is Happening Here.🙂

Market always Fill up there gap when market need to more pressure for go to opposite any direction..

This Time market will fill up all down -
#Fair_Value_Gap
#CMEGaps (Chicago Marcantile Exchange Gap )
and gaining more Bull potential pressure for creating next High.

$BTC On this time market will TEST Up-To - 38000 LEVEL.

HOLD #EthereumClassic ITS STILL ON BOTTOM .

#ETC/USDT couple of month consolidating in a Range.

IF $ETC Break This range then We Will see new High and
Hope It Will Happen Soon For Its Bullishness.

#SPOT - Long 📈

HOLD For Next 6- 12th month.
Hopefully it will take you to $170 - $180

#BLURUSDT BREAK THE TREND LINE JUST NEED BULL PRESSURE .

$BLUR As We can see Last Week #Blur moving Downward Moving into a Channel. Now we see its break this channel and Take little correction on #4H-TF .

IF Market Will Bullish Then we can see easily .58 and then .70 area.

#OOKIUSDT

#SPOT- #CALL

Recently on #Weekly-TF $OOKI creating Bullish Falling Wedge.

Expecting breakout soon and we see the Bullish power. 🚀

LONG - #Mid-Term

0.0019
0.0024

TARGET -

1st - 0.006

2nd- 0.008

#LUNAUSDT PERFORM HUGE BULLISH MOMENTUM OVERALL THIS WEEK .

ON #Daily-TF Its Break Most Major Resistance & Take Quick Retest.
On The Other Hand We ALREADY See Trend Line Breakout on #Weekly-TF .

#Spot-Call We can Consider #Price-0.96 Still Now in Bottom . we See price at 3$. Soon.

📈LONG: $LUNA

Expect a 100% bull surge mid-term after confirmation of successful breakout from the Resistance on #weekly .

#OP/USDT BREAKOUT WITH A STRONG GREEN CANDLE. BULLISH MOMENTUM ON daily TF.

#0P breaks out of Ascending Triangle pattern - strong green candle & notable volume.

Now in #retesting #phase - support in a formerly #resistant level or #OrderBlock level.

Expect bullish candle rejection for potential upside move.🚀