A million dollars per BTC sounds big but is it really?
https://charts.bitbo.io/stock-to-flow/
BTC is well below Stock to Flow ratio,
The price of BTC did retrace to around 16k in December 22'/January 23'
ATH in 2017 was around 19k in December.
So this is me wondering, are the stair steps going to keep getting smaller?
I suspected back in 2017 that once BTC broke past 100k it will just go sideways for a long time.
Stock to flow in June of 2028 is over 400k, will BTC reach that before then or after?
https://www.tradingview.com/symbols/BTCUSDT/?timeframe=ALL
It still just looks like one big green candle to me.
I believe in BTC, because I read the white paper, but I choose to be realistic.
you would need to invest approximately $44,361.92 CAD today
to have $300,000 CAD when BTC reaches $1,000,000 CAD.
0.3 BTC
$44,410.208 CAD today, May 21 2025
@Darkflame