Bitcoin price 301124

25 days ago (Edited)

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.

1231 days remaining until the 5th Blockhalving

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

CoinMarkets.Today

BTC has 53.57% market cap dominance, down from 54.56% yesterday and 57.16% last week.

https://coinmarkets.today/

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.