GM
The average monthly closing price of #bitcoin in 2024 was: $67,727
In 2023, it was: $29,869
In 2022, it was: $27,793
In 2021, it was: $47,029
In 2020, it was: $12,315
This matters for people who are living on a Bitcoin standard.
(Note: These average values are based on the monthly closing price of bitcoin on TradingView, and quickly calculated by me and my calculator. It's possible that I made a mistake somewhere.)
Forever Laura.
(as a trend)
A slightly off-topic question, but would really appreciate your answer.
How do you view the 10y2y yield curve as a leading indicator of recessions? Specifically the idea that the yield curve “un-inverting” leads a recession by some 4-12 months?
Happy New Year!
GM 🫂
I've been doing some similar calculations with annual % return. Coingecko has historical data you can access quickly. FYI for future reference. Thanks Doc!
This is why I Bitcoin.
Enjoy an inside look at my career this far:
GM 🧡
GM and Happy New Year Dr. Jeff! Do you personally live on a bitcoin standard? As in holding zero USD? If so, curious what services you use to facilitate this?
GM! Let’s keep the trend going in 2025 as #bitcoin pursues price discovery in the year of institutional catch up
This would put 2025 average monthly closing around $252k.
Cool! I've crossed over and started living a more bitcoin standard lifestyle. I still have a fiat bank account, because some things can only be paid with checks at this time, but I'm excited for this change. Thank you, nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsq3camnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpdsq35amnwvaz7tmwdaehgu3wdaexzmn8v4cxjmrv9ejx2aspzpmhxue69uhkummnw3ezuamfdejszxrhwden5te0wpex2mtfw4kjuurjd9kkzmpwdejhgqgjwaehxw309ac82unsd3jhqct89ejhxqghwaehxw309aex2mrp0yhxxatjwfjkuapwveukjqg5waehxw309aex2mrp0yhxgctdw4eju6t0qyt8wumn8ghj7un9d3shjtnwdaehgu3wvfskueqpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqgcwaehxw309aex2mrp0yh8xmn0wf6zuum0vd5kzmqqyrzw4whphc70v4aurp27up0xnh5lqkwt0gzeyfck3wqt39mpe0zwqevqp08 and nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqg4waehxw309ajkgetw9ehx7um5wghxcctwvsqs6amnwvaz7tmwdaejumr0dsqs6amnwvaz7tmwdaejumr0dsq3qamnwvaz7tmwdaehgu3wwa5kuegpzpmhxue69uhkummnw3ezuamfdejsz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqzpjdak6fvau05qvekhelq570cgdhxl0pjtgxjap6xcjmngg35ufaynl4wv2 for pushing me across the finish line, and for everyone else who nudged me closer to that point over the years. Bitcoin wins, and we win the more we embrace it.
