Bitcoin: It's not complicated.
**Not Financial Advice**
My odds of where the bottom is.
85% = $70,000 to $80,000
10% = $60,000 to $70,000
4.9% = $50,000 to $60,000
0.1% = $50,000 or less
One of the most important 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 $70,000.
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.
@ajaib_investasi Dana sudah masuk ke rekening, trmksh atas supportny, semoga deposit/wd kembali instan, biar pelanggan makin percaya serta ajaib makin maju & sukses
How to apply probability theory into Bitcoin TA.
All the paths in this cone have a certain probability.
Some are less likely to happen while others are more likely to happen.
The purple probability is the most likely one.
Same as our reality. There are all different kind of probability for events that could happen when you step out of the door. You could be hit by a car or have a heart attack in the middle of the day.
With this knowledge now available to you. Why is it that you chose to listen to the people who are only pointing at a BTC crash to 60-70K without any indicators nor data to back up their thesis. Simply they drew some lines and that's it.
I will say this again. No indicator flashed for any top yet. Liquidity is still at the bottom in the USA. QT is just about to pivot to QE.
We just got a president and government that is pro Bitcoin and Crypto. I have shown you seasonality for the stock market for the first year of a presidency. Seasonality since 1940 is showing that March is a bad month in the first year.
Whales are buying Bitcoin, Saylor is buying. More and more companies are buying BTC. Somehow you listen to the bears. It is beyond me.
Tap 80K like the projections and pump it in April!
Not financial advice. DYOR!
PS. Book market this, share, like and follow me for more. I don't do BS. I want to go against the herd always because that is essentially the only way you can succeed.
Unlikely recession coming given Fed has room to cut interest rates--400bps possible to 0 if needed...
But this indicator has never been higher and a recession not followed.
Slowing growth ahead clear, guaranteed by fiscal tightening.
Rates must drop. Liquidity needed.
Btc 🚀
🚨 BREAKING - TRUMP AND PUTIN'S PHONE CALL...
- Trump and Putin agree a ceasefire is necessary, negotiations for that + permanent peace will begin "immediately" in the Middle East.
- "Enormous" economic deal between U.S./Russia expected after Ukraine peace.
- Both say Middle Eastern cooperation between U.S./Russia is necessary to prevent future war.
- Both want better U.S./Russia relationship.
- Both agree Iran cannot be in a position to destroy Israel.
FULL readout from the White House can be found below.
"Today, President Trump and President Putin spoke about the need for peace and a ceasefire in the Ukraine war. Both leaders agreed this conflict needs to end with a lasting peace. They also stressed the need for improved bilateral relations between the United States and Russia. The blood and treasure that both Ukraine and Russia have been spending in this war would be better spent on the needs of their people.
This conflict should never have started and should have been ended long ago with sincere and good faith peace efforts. The leaders agreed that the movement to peace will begin with an energy and infrastructure ceasefire, as well as technical negotiations on implementation of a maritime ceasefire in the Black Sea, full ceasefire and permanent peace. These negotiations will begin immediately in the Middle East.
The leaders spoke broadly about the Middle East as a region of potential cooperation to prevent future conflicts. They further discussed the need to stop proliferation of strategic weapons and will engage with others to ensure the broadest possible application. The two leaders shared the view that Iran should never be in a position to destroy Israel.
The two leaders agreed that a future with an improved bilateral relationship between the United States and Russia has huge upside. This includes enormous economic deals and geopolitical stability when peace has been achieved."
HUGE BREAKING: A bill to protect the right to self-custody and other Bitcoin Rights has passed with unanimous support (37-0) out of the Senate in Kentucky.
This bill now sits on the Governor’s desk!
Thank you to Rep. Bowling for your leadership.