Everything becomes a lot simpler when you look at the 3m candles. Taking a wider view things make sense. There could be some downside ahead, but how much? Any dip is a bargain on BTC.
https://www.bitget.com/trading-bot/spot/BTCUSDT
I am not trading BTC, I am simply watching the price closely and making observations. I like to buy a little here and there, but knowledge is the true treasure in life. Understand where we are in 2024.
Reward-Drop ETA date: 15 Apr 2028 07:54:32 UTC; "the block reward is 3.125 coins per block and will decrease to 1.5625 coins per block", with just "1,210,428 BTC" left to mine at a rate of 450/day.
https://charts.bitbo.io/stock-to-flow/
Yesterday I shared this, determining that we are currently the same amount of days away from the next halving as we were from the last halving in January 2021. BTC was $37k and rose to 79k, dipped to 39k and rose again to 84k, an unexpected double top. Do you remember this year? 2020
https://www.coingecko.com/en/coins/bitcoin
BTC has 53.57% market cap dominance, down from 54.56% yesterday and 57.16% last week.
XLM (+474%) is this months winner, XRP (+273%) is #2, and Hedera (+264%) coming in third. Following close behind is ADA (+216%), Dogecoin (+159%), Polkadot (+131%) and Pepe (+124%).
Bitcoin isn't the entire 'crypto' market, it's just the value chain, the settlement layer, the ledger. At this present time, these are the top 24/hr volume coins trading on markets. USDT, BTC, ETH, XRP, DOGE all trading over 10 BILLION dollars!! This is some serious value. These are the blockchains.
Which of these coins do you think is the most useful?
What will the all time high be a year from now, January 2025?
Do your own research, these are just observations over time.
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