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TheCryptoDegen
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#BITCOIN    BREAK OUT IS LOADING PRICE IS CONSOLIDATING WITHIN THIS SYMMETRICAL TRIANGLE IN THE LOWER TIMEFRAME. PRAY FOR THE PUMP TO $80K

#BITCOIN    BREAK OUT IS LOADING

PRICE IS CONSOLIDATING WITHIN

THIS SYMMETRICAL TRIANGLE IN

THE LOWER TIMEFRAME.

PRAY FOR THE PUMP TO $80K

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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Stock-to-Flow model simplified: ALL bitcoin gain (and more) has been around halvings! - green line = buy 6 months before halving, sell 18 months after - red line = buy 18 months after halving, sell 6 months before - blue line = green line + red line = buy & hold BTC
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#Megadrop Exactly 5 years ago today, Nayib Bukele took the Oath of Office, becoming President of El Salvador. Ever since, the country has been a world leader – a beacon of freedom, safety, and innovation. The 1st #Bitcoin    President 🧡
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On track for $1m per BTC as "fair value" by 2035. That's if we take the user growth curve as a guide for valuation. Remember I said fair value and not peak value in bull market hype. - In the early days price was slow to catch up to user count, BTC didn't even have a price until the 1000th user came in. Thanks to the blockchain we have a high resolution view of users using forensic clustering of addresses into entities. - Price discovery started with early markets like New Liberty #BTC Standard and MtGox. By Aug 2011 Bitstamp launched and we had multiple global exchanges to properly price the asset. [shaded region] - After 2012 price pretty much oscillated around the increasing user count.$
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Bitcoin April closing price $60,632 This was the last blue dot (month 0). Average price 2020-2024 halving cycle $34k (slightly below S2F 2019 $55k prediction). May will be the first red dot, the start of the new countdown to the next halving (S2F 2024-2028 prediction: ~$500k).
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Bitcoin April closing price $60,632 This was the last blue dot (month 0). Average price 2020-2024 halving cycle $34k (slightly below S2F 2019 $55k prediction). May will be the first red dot, the start of the new countdown to the next halving (S2F 2024-2028 prediction: ~$500k).
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