Future forecasting of btc price highs by Expertsherlock ( on 1 November 2020)
November 2020 - 18k usd
January 2021 - 24k usd
April 2021 - 50k usd
July 2021 - 100k usd
October 2021 - 400k usd ( bull market Top)
#btc#Bitcoin#bitcoinbullmarket#BTCUSDT#November#bitcoinprice
2 hours ago, ~$50,000,000,000 (Billion) USD worth of #bitcoin was transacted (from what looks like a SINGLE ENTITY/PERSON) within a single $btc block.
Block 700,520
25 transactions of 45,000BTC/$2B each.
Over $50B USD of value transacted in a single block.
🚀🤯🚀🤯
Although I focus on averages (green lines), and have no model for when or how high the top is, I expect the top to be in the yellow area:
- relatively later than 2013 & 2017 tops ("lengthening cycle"?)
- above 2017 top (no "diminishing returns"?)
So this cycle will be different.
MicroStrategy has purchased an additional 5,050 bitcoins for ~$242.9 million in cash at an average price of ~$48,099 per #bitcoin. As of 9/12/21 we #hodl ~114,042 bitcoins acquired for ~$3.16 billion at an average price of ~$27,713 per bitcoin. $MSTR
https://t.co/2ESbTy6ad7
"Trusted" news sources like @Reuters picking up fake press releases just shows how much verification is done by the the press these days.
Answer: Almost none.
https://t.co/D8jih9VX0T
Michael Saylor understands what it means to buy the dip!
With this latest purchase, MicroStrategy holds about 114,042 BTC acquired at an aggregate purchase cost of $3.16 billion. https://t.co/zAtVgbMJ0G
JUST IN - El Salvador to exempt foreign investors from tax on #Bitcoin profits.
“There will be no taxes to pay on either the capital increase or the income.”