Bitcoin price 211224

in #bitcoin17 hours ago


This week BTC had highs of $108,364 USD, and lows of $92,118 USD.

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https://bitcointicker.co/stamp/btc/usd/7days/

Zoom out and we see the truth--

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https://messari.io/project/bitcoin

This is just the third heartbeat of the Blockchain.

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https://www.tradingview.com/chart/?symbol=BINANCE%3ABTCUSDT

Let's look at that Wick

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I don't know a lot about candles, but that tall wick could indicates that while the selloff of BTC after early ATHs in 2024 sold down to $49,400, buying took the price all the way up to 108k late 2024. I am always worried BTC is going to 'crash' and it does when FUD overtakes FOMO, but shake my head and remember the crash is taking the BTC price UP.

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https://www.bitget.com/trading-bot/spot/BTCUSDT

11:17am on Dec 21st 2024: BTC is $97,467 USD. How low will it go?

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https://charts.bitbo.io/stock-to-flow/

BTC is here at FF6D00, 1209 days until the next halving.

(And only 1,200,722 BTC left to mine)

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https://charts.bitbo.io/stock-to-flow/

What did that look like last cycle?

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You tell me, is the top in? Are we close to it?

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How high will BTC rise in 2025?

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Weekly candles suggest this week was a sale, but this could be Christmas shopping. The price is only down -3.44 % to -6.67% depending on the chart. If I get a chance I will buy some more Satoshis while I can get them! Happy Solstice everyone!

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Do your own research, these are just observations over time.


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The Mayer Multiple is 1.39 on Dec 21st 2024. Still under 2.4

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https://tools.bitbo.io/mayer-multiple/

!MEME

Posted using MemeHive

I am always worried BTC is going to 'crash' ...

Know that dips are the HODLer's friend. My policy is to buy into them.