40K. You will see some profit taking, de-risking, re-shuffling, etc. Don't read too much into that. Doesn't really matter if we close 39.5 or 40.5 now. Market signalled its intentions, IMHO. #BTC #BinanceSquare
Bitcoin's Path Ahead: Original Stock-toFlow vs. BitX Perspectives
In the dynamic world of cryptocurrency, the debate over Bitcoin's trajectory continues, with contrasting views presented by the Original Stock-to-Flow (S2F) model and BitX. Investors are eagerly watching as greed makes a comeback, fueled by enticing narratives surrounding Exchange-Traded Funds (ETFs).The Original Stock-to-Flow model boldly predicts a cycle peak of nearly 500k, while BitX adopts a more conservative stance, setting the bar at 100k. BitX argues that returns are diminishing over tim
Clearly there is a lot less pressure on the ECB for keeping the rates where they are. It is possible now that the ECB could be the first central bank to lower the interest rates next year. Here is the fresh data Eurozone CPI Estimate (Y/Y) Nov: 2.4% (est 2.7%; prev 2.9%) #BinanceTournament
#BTC Bulls failed to secure a weekly close above $37.5k. This doesn't mean another run at $38k and potentially $40k is off the table, but we need to see more bid liquidity coming into the range to recover. Expecting to see volatility increase as we approach the Monthly close. #Crypto #Blast #Onchain #etf $BTC