Bitcoin ATH incoming?
Bitcoin > Gold
Bitcoin is the first savings account in history where your money has a limited supply and an indefinite increase in value.
Do you agree?
Arizona House passes bill to establish a Bitcoin Reserve.
When banks finally bless Bitcoin
and the experts agree it’s a good idea,
everyone will want to buy it,
no one will need to sell it,
and you won’t be able to afford it.
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Shorts are about to get wrecked.
They may take our fiat…
But they will NEVER take our Bitcoin!!!
The 2013 bull market started at around MVRV = 1.75
The 2017 bull market started at around MVRV = 1.75
The 2021 bull market started at around MVRV = 1.75
In this extreme correction of $74K, MVRV just fell back to around 1.75
The upper indicator in the figure is the Bitcoin price; the lower indicator is Bitcoin MVRV (Market Value to Realized Value)
Note: Bitcoin MVRV (Market Value to Realized Value) is an on-chain indicator, defined as the total market value (Market Value) of Bitcoin divided by the total cost (Realized Value) of the holder
MVRV > 1: The total market value is higher than the total cost of the holder, indicating that investors are generally in a profitable state, which may indicate that the market is overheated or in a bubble;
MVRV < 1: The total market value is lower than the total cost of the holder, indicating that investors are generally in a loss state, which may indicate that the market is undervalued or at the bottom;
MVRV ≈ 1: Market valuation is close to the total cost of currency holders, and the market is in a relatively balanced state
I hope you bought the dip. 😆🤷♂️
It's already hard to get 1 Bitcoin, soon it will be impossible!
Raise kids who understand #Bitcoin
#Bitcoin is built on 100% verification and 0% trust.