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#BITCOIN | "This time is different!" ... are you sure? Let's take a look 🧐 2021: 1 • ATH breakout 2 • Local Top 3 • Pull back to 50 EMA 4 • New ATH 2024: 1 • ATH breakout 2 • Local Top 3 • Pull back to 50 EMA 4 • ??? ???
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🚨🚨🚨BITCOIN MINER MARATHON DIGITAL HAS BOUGHT 1,316 BITCOIN WORTH $131 MILLION IN THE PAST 7 HOURS
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Netflix dropped a documentary on 2016 Bitfinex Hack. Biggest Heist Ever. could be a great weekend watch.
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A REMINDER THAT: • 60% of all memecoin traders lost money trading memecoins. • 4.7% made no money. • 24% made less than $100. • 11.2% made more than $100. • 3% made more than $1,000. • 0.5% made more than $10,000. • People who have made more than $10K can barely even be seen on this pie chart. TLDR: 90% of memecoin traders have either LOST money or made less than $100 in returns. The timeline is lying to you anon.
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What could be the price of bitcoin if total market cap of crypto is $50 trillion and Bitcoin has a 40% dominance? 1. Total crypto market capitalization: $50 trillion 2. Bitcoin dominance: 40% Calculation: Bitcoin market capitalization = Total crypto market capitalization x Bitcoin dominance = $50 trillion x 0.4 = $20 trillion Bitcoin price calculation: We'll use the total supply of Bitcoin, which is approximately 21 million. Bitcoin price = Bitcoin market capitalization / Total supply = $20 trillion / 21 million ≈ $952,381 So, if the total crypto market capitalization reaches $50 trillion and Bitcoin maintains a 40% dominance, Bitcoin's potential price could be around $952,381.
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