🤯BREAKING: Hashprice hits an all-time low of $35.35/PH/Day 🟧⛏️
How will global network hashrate and difficulty adjustment respond in the coming weeks?
✅ Bitcoin Difficulty at record high: 90.67 T
$BTC daily
last September's "death cross" went nowhere, with immediate reversion to the mean and recovery
here the upward sloping 200 MA improves the odds it does not continue to the downside, but be open to the possibility it fills at least half of Monday's giant wick
#Bitcoin Holding on to the massive channel it has been trading in for the past 6 months.
Some wicks and deviations above & below but generally this channel has been pretty useful to watch.
#Bitcoin weekly SuperTrend remains unbroken, despite nasty wick into uptrend support
Was this the bottom?
Most selling is coming from new whales, old whales are basically not selling.
#Bitcoin new whales sold on August 5 at the largest loss since May 2021: $688 million (violet bars).
Fear & Greed Index - Aug 08, 2024:
Today: 20 (Extreme Fear)
Yesterday: 29 (Fear)
Avg. 1W: 31 😣
Avg. 2W: 49 😕
Avg. 1M: 52 😁
Avg. 2M: 52 😁
Avg. 3M: 59 😁
Avg. 6M: 66 🤑
Avg. 1Y: 62 🤑
🔸 #Bitcoin
Price: $55,077
24h Low: $54,583
24h High: $57,607
MC Change: -$18.5B (-1.7%)
Dominance: 53.6%
24h: -1.9%
7d: -14.9%
14d: -15.6%
30d: -2.7%
60d: -20.5%
200d: 31.8%
1y: 89.0%
JUST IN: 🟠 Bitcoin addresses with a balance of over 0.1 $BTC is nearing a new all time high 👀
Strong hands are buying ✊
SAYLOR: 🟠 "Short-term capital gains tax is 35-40%. We shouldn't send all our money to the government." 👏
https://video.nostr.build/9d868e0913cd687b9570b7f16316f6f1f94a3dae37762c86187f89aae6b1c86b.mp4
It is calculated by the energy expenditure versus what you get for mining, obviously it depends on the country as well.
NEW: 🟠 An old miner from 2010 just moved $14 million worth of #Bitcoin 👀
Hodled all the way from $0.20 to $57,000 🙌
Imagine THAT!
I don't know, I know he's a whale and he's the 12th bitcoin holder.
#BTC cost of producing 1 BITCOIN: $67,836
#bitcoin is trading at $56,600 and must grow by at least 20% to return to the same level of its production cost.
When it touched $48,888 it moved 28.84% below the orange line
The Mr100 whale accumulated 3000 BTC in the recent dips and suddenly sold 6k BTC today.
💥💥💥 Michael Saylor confirms that he holds more than 17,700 #Bitcoin, which is equivalent to more than 1,000 million dollars. 🐳
He ratifies the figure he gave 4 years ago and assures: "I have not sold anything." 👐💎
NEW: 🟠 Peter Schiff makes the case on why to buy #Bitcoin directly instead of the ETFs 🤯
Not your keys, not your coins.
