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if the "December 16" story repeats itself again (like in 2016 and 2020), then #BTC☀ will fly into the stratosphere right from here - experts or moonboys? $BTC
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Coin shares data highlights an important market development: the average cost of mining $BTC for leading public miners increased to $55,950 in Q3 2024. Historically, JPMorgan observed this figure often forms a strong price floor. Supporting this sentiment, Michael Saylor has suggested that Bitcoin may now have a psychological and structural floor around $60,000. #BTC☀
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If #BTC☀ pulls back sharply to $100653, the volume of LONG position liquidations will exceed around 2b $BTC
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Floki expands UAE presence as sponsor of 2024 World Tennis League #FLOKI? $FLOKI
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The spike in $BTC outflows from OTC desks raises questions: Are institutions anticipating a major price move? Crypto Quant’s analysis hints at growing demand, which may indicate accumulating positions before significant market events. #BTC☀
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