#Bitcoin Last Deviation before its run to $110,000?🚀
On the daily timeframe it looks like yet another manipulation before #BTC takes off.
Plus LMACD reintegrated the reset zone and could be crossing bullish promptly.
MVRV Z-Score mid-cycle correction.
I first posted this at the local high and got a lock of flack from reply guys saying 'this time is different'.
Once again though MVRV Z-Score has found mid-cycle resistance in this 2-3 zone and has corrected...just like every other cycle 🤔
Every man needs exactly 4 hobbies.
A physical one (lifting, martial arts, team sports)
A cerebral one (reading, chess, mathematics)
A creative one (music, writing, painting)
A financial one (stocks, crypto, real estate)
Commit to one of each and you will never feel lost again.
@rodarmor The bitcoin code does not distinguish between individual satoshis.
It's impossible to order or number them natively on bitcoin. It would be like trying to number and order the individual dollars on a $5 bill.
So, how do Ordinals work?
Every time the #Bitcoin MVRV Ratio falls below its 90-day average since November 2022, it signals a prime #BTC buying opportunity with an average gain of 67%!
This opportunity is upon us again, indicating it might be the perfect time to buy $BTC.
Together with @PrestonPysh, Max Kei @keidunm from Hodl Hodl and Debifi, explores the future of Bitcoin lending and borrowing. From industry insights to Debifi’s innovative approach, discover the benefits of Bitcoin collateral, multisig security, and fiat loan expansion. Gain valuable perspectives on navigating risks and seizing opportunities in decentralized finance.
Below are the highlights from the episode:
• Insights into the evolution of Bitcoin borrowing and lending platforms.
• Understanding the importance of peer-to-peer fully collateralized lending in the cryptocurrency space.
• Exploration of the risks and benefits associated with borrowing and lending using Bitcoin as collateral.
• Overview of Debifi’s approach to decentralized lending and its unique features.
• Explanation of the concept of “super collateral” and its significance in Bitcoin lending practices.
• Understanding how multisig solutions enhance security in Bitcoin lending and borrowing.
• Insights into the potential benefits for users when utilizing a decentralized lending model.
• Preview of the expansion of fiat loans on Debifi and its implications for users.
Tune in to the episode: https://t.co/4HmxvECrGB