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Bitcoin’s potential return to $73,000 could mark the beginning of an acceleration in “escape velocity” for the asset.
Escape velocity is a term used in astrophysics that describes the minimum speed required for an object to escape the gravitational field of a celestial body (such as a planet or moon) without further propulsion.
Cryptocurrency analyst James Check used the term in a May 21 market report to describe what Bitcoin might do once it reclaims the $73,000 price point.
Check is referring to the Short-Term Holder (STH) Market Value to Realized Value (MVRV) metric — which he explains shows that the market is not yet “overextended, overbought, and oversaturated.”#Binance #bitcoin #bitcoin
Right before the currency is listed on Telegram, it is a free currency Airdrop balance: $50,000 SIDUS currency Currency listing date 🗓️ March 26, 2024 Copy the link on your browser
Right before the currency is listed on Telegram, it is a free currency Airdrop balance: $50,000 SIDUS currency Currency listing date 🗓️ March 26, 2024 Copy the link in the first comment