09:55am is early. I am not used to being up this time of day, not lately.
https://bitcointicker.co/stamp/btc/usd/1hr/
For a long time I have been late shift but last week and this week, dayshift.
https://www.bitget.com/trading-bot/spot/BTCUSDT
Yesterday BTC pumped to 58k as I suspected, and then consolidated again down below 57k. This is just another opportunity to accumulate satoshis at bargain prices.
At 9:11am MST on 050924 the price of BTC is $56,627.41 USD on BitGet.
Last block: 850018
"A total of 183.12 BTC ($11,163,499) were sent in the block with the average transaction being 0.0259 BTC ($1,578.97). AntPool earned a total reward of 3.13 BTC $190,817. The reward consisted of a base reward of 3.13 BTC $190,817 with an additional 0.0797 BTC ($4,858.83) reward paid as fees of the 7,059 transactions which were included in the block."
https://www.blockchain.com/explorer/blocks/btc/850018
Bitcoin Dominance: 53.58% (-)
Down from 54.07% yesterday.
Bitcoin fell lower to $56,408 USD this hour,
What part of the BTC cycle is this?
https://bitcointicker.co/stamp/btc/usd/AllTime/
I have altered this, look at the stock-to-flow and find the same color-coded position of the last halving cycle, to see that FF380 in the last cycle puts us around October 2020.
https://www.tradingview.com/chart/?symbol=BINANCE%3ABTCUSDT
In six months BTC went from 10k to nearly 60k in April 2021, then consolidated and peaked a second time in November 2021. I think most people were caught off guard, expecting a longer correction. However I have learned that you never want to bet against BTC and it can surprise us all.
Where is BTC now? Bear trap? Bull trap?
Do your own research, these are just observations over time.
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