believe is something, anybody who's not a tourist and has actually witnessed multiple cycles knows this is an amazing long term $sol entry.
for the record the reason im bullposting sol more than anything else is, in my opinion it is the absolute clearest picture of every coin.
nothing else even comes close to the very obvious 5 up and abc down on the weekly apart from possibly $MSTR.
Important: One of the most significant Bitcoin charts you have most likely never seen!
Notice how many times Bitcoin has found support at this estimated cost of production red line.
The line currently sits at $67,000.
This is not just on-chain data—this is a cost of production model for Bitcoin, which is a commodity, and commodities almost never trade below their cost of production.
Shout out to (@)paulewaulpaul for creating this chart.
Make sure you give him a follow; he does unique and great work.
$BTC After a very volatile week, here we are.
Price saw some two massive daily candles on Thursday & Friday respectively.
Weekends are generally slower but last weekend we did create a massive gap. This weekend is also starting off more volatile than others so not sure if it's going to be that straight forward.
Regardless, the CME close price sits around $70K so that's a level to watch if you're trading anything this weekend.
#Bitcoin bounced to $71K and is coming back down again.
Standard Saturday price action, it's weekend. Low liquidity.
I think that it's going to find a higher low and continue to move from there.
Today: correction day.
Tomorrow: back up again towards the CME gap.
Next week: continuation to $75k+.
BREAKING: Over $304 billion has been added to the crypto market in the last 20 hours.
Bitcoin is up 17% and has pumped $10,000 from its lows, reclaiming $70,000.
ETH surged 18% and reclaimed $2,000 from lows of $1,750.
$550 million in shorts were liquidated.