There it goes! Bitcoin rang in 2024 around 42k and since March has been trying to break out of the 48-73k zone. It has been a lot of sideways and down, but at the start of September BTC rose again.
https://www.bitget.com/trading-bot/spot/BTCUSDT
In fact you can see the demand for BTC has resulted in one big buying opportunity before racing higher in October. Now that the price is approaching 74k its only 2x to $148,000 BTC.
https://www.bitget.com/trading-bot/spot/BTCUSDT
This is just speculation, BTC could trade down from 90k for like 4 more years we dont really know how the price of BTC will end up, but if past cycles are any indication of future moves, Bitcoin will continue to surprise us all. Of course, you should only buy BTC if you want to keep it long term.
2 days ago the High was $67,968 USD, but today the high was $73,600 USD. BTC market cap dominance is now 56.14%, down from 56.17% yesterday, but up from 54.26% 18 days ago.
https://coinmarkets.today/
Last Block: 868,030
"A total of 26,260.14 BTC ($1,896,399,478) were sent in the block with the average transaction being 7.6028 BTC ($549,043). Unknown earned a total reward of 3.13 BTC $226,035. The reward consisted of a base reward of 3.13 BTC $226,035 with an additional 0.0417 BTC ($3,011.40) reward paid as fees of the 3,454 transactions which were included in the block."
https://www.blockchain.com/explorer/blocks/btc/868030
Zooming out, can we determine what part of the cycle we are in? Will continue to rise in November, or fall before Christmas? Will we see new ATHs before the end of the year or more sideways?
https://bitcointicker.co/stamp/btc/usd/AllTime/
Will BTC test old lows, or reach new heights?
Please also vote for recent posts coin-research-281024 and bitcoin-price-271024!
I can hardly believe that we are nearing the end of 2024.
2025 is here, and I used to think 2015 sounded like the future.
We have emergent ML/AI, even Robots taking their first real steps,
but will we solve the urgent pressing needs of humanity
and make the world a better place this next decade?
I choose to believe it is possible.
Do your own research, these are just observations over time.
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