🚀 #Bitcoin is now in the top 6 largest assets globally by market cap, surpassing giants like Saudi Aramco! 🌍 Just a reminder of how far we've come in redefining value and challenging traditional finance. The digital age is here! #BTC#Crypto#Bitcoin"
Just for fun, let’s do this again:
#Solana Market cap: 64B
#ETH Market Cap: 366B
#Bitcoin Market Cap: 1.1T
Apple Market Cap: 3.5T
Gold Market Cap: 15T
SOL at Current MC = $140
SOL at ETH MC = $800$
SOL at BTC MC = $2,465
SOL at Apple MC = $7,656
SOL at Gold Market Cap = $32,815
What would you think SOL Price/MC would be at the top of this cycle?
Best long reads: Joe Lubin explains what really happened in 2014 when two co-founders were pushed out and how Ethereum really is becoming the “World Computer.” Read more...
(Via Cointelegraph Magazine)
https://t.co/GIs90xAilz
Gold prices rallied over 250% after first spot ETF approval.
#Bitcoin and #Ethereum market cap are way smaller than gold in 2004.
What would you think will be the impact of an #BitcoinETF and #EthereumETF approvals?
At 2012 halving most bitcoin was <$16.
At 2016 halving most BTC was in $256-$1024 range.
At 2020 halving most BTC was in $4k-16k range.
At 2024 halving most BTC will be in $16k-$65k range.
I would not be surprised if next 4 years most BTC will transfer in $65k-$524k range.
As a Salvadoran with Palestinian ancestry, I'm sure the best thing that could happen to the Palestinian people is for Hamas to completely disappear.
Those savage beasts do not represent the Palestinians.
Anyone who supports the Palestinian cause would make a great mistake siding with those criminals.
It would be like if Salvadorans would have sided with MS13 terrorists, just because we share ancestors or nationality.
The best thing that happened to us as a nation was to get rid of those rapists and murderers, and let the good people thrive.
Palestinians should do the same: get rid of those animals and let the good people thrive.
That's the only way forward.
#BTC
5 Phases of The Bitcoin Halving
1. Pre-Halving period
If a deeper retrace is going to occur, it will likely be over the next 140 days or so (orange)
In fact, $BTC retraced -24% in 2015 and -38% in 2019 at this same point in the cycle (i.e. ~200 days before the Halving)
A -30% drop from current prices would see Bitcoin revisit ~$20,000
2. Pre-Halving rally
Then ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)
In anticipation of the Halving, investors "Buy the Hype" in an effort to "Sell the News"
3. Pre-Halving retrace
A Pre-Halving retrace tends to occur around the Halving event itself (dark blue circle)
In 2016, this Pre-Halving retrace was -38% deep
In 2020, this Pre-Halving retrace was -20% deep
This Pre-Halving retrace makes investors question whether the Halving was a bullish catalyst on price after all
4. Re-Accumulation
The Pre-Halving retrace is followed by multi-month re-accumulation (red)
Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving
5. Parabolic Uptrend
Once Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)
It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs
#Crypto #Bitcoin
How big is #Bitcoin ?
Market Capitalization of the top 15 companies
1. Apple 3T
2. Microsoft 2.45T
3. Saudi Aramco 2T
4. Google 1.5T
5. Amazon 1.3T
6. Envidia 1T
7. Tesla 850B
8. Meta 750B
9. Berkshire Hathaway 750B
10. TSMC 523B
#Bitcoin 500B
11. VISA 500B
12. LVMH 470B
13. UnitedHealth 430B
14. JPM Chase 430B
15. Exxon Mobil 425B
We're now over 1,000 & we want to thank all of you for being part of this community!
To celebrate this millstone we'r opening our shop on collaboration with Etsy.
We're also happy to announce a giveaway for the Crypto Lovers!
Just need to Like, retweet & Follow to Participate!
Apple just hits 3 trillions market cap. Want to know the price of #Bitcoin and #Ether if reach same size?
Here you have it:
Bitcoin at 3 trillion market cap: $155,000
Ether at 3 trillion market cap: $25,000
Will we reach those number on next bull run?
#Bitcoin's address count is soaring to new heights! More people are embracing the power of decentralized finance and taking control of their financial future. The rise of Bitcoin addresses is a testament to the growing adoption and trust in this digital revolution.