https://bitcointicker.co/stamp/btc/usd/1hr/
Bitcoin has fallen below the parallel channel I drew last night.
These are 4 hour candles ^ seen above, but BTC finds support around 95,480
https://www.bitget.com/trading-bot/spot/BTCUSDT
At 12:21pm MST I wonder, will BTC hold above 95?
Over on BitcoinTicker we can see the suspenseful price trading.
Articles are already being written-- 'billions wiped out by BTC crash! its all over!'
https://bitcointicker.co/stamp/btc/usd/AllTime/
You might want to hold on because what happens next could shake people.
Stock to flow suggests BTC is still undervalued, and even the Meyer Multiple is still only 1.21
BTC market cap dominance is down to 57.95%, from 58.7% 4 days ago, and ETH's share of market cap comparatively is declining too, from 9.74% to 9.66%. These are just relative.
Some might wonder, 'is this the start of alt season?' but I suspect this was alt season...
So much value has been pumped into these coins over the past year,
But look today where all the main volume is-- value chains like BTC, ETH, USDT, FDUSD, XRP, SOL, USDC, BNB, DOGE, ADA, LTC. These are all coins with some proven chain value,
"A total of 2,845.46 BTC ($270,313,854) were sent in the block with the average transaction being 1.0221 BTC ($97,097.91). Unknown earned a total reward of 3.13 BTC $297,345. The reward consisted of a base reward of 3.13 BTC $297,345 with an additional 0.0366 BTC ($3,476.94) reward paid as fees of the 2,784 transactions which were included in the block."
https://www.blockchain.com/explorer/blocks/btc/883341
https://www.bitget.com/trading-bot/spot/BTCUSDT
Bitcoin is still climbing despite testing 94,910 USD this past hour.
https://bitcointicker.co/stamp/btc/usd/10m/
at 1:00pm MST on February 11th 2025
@Darkflame
