2010: 1 $BTC ≈ 1 day of work
2013: 1 $BTC ≈ 6 days of work
2016: 1 $BTC ≈ 16 days of work
2019: 1 $BTC ≈ 2.4 months of work
2022: 1 $BTC ≈ 7.5 months of work
2023: 1 $BTC ≈ 9 months of work
2026: 1 $BTC ≈ 1–1.5 years of work
2029: 1 $BTC ≈ …Show more
$BTC [1W] Parabola Step-like Formation - UPDATE
#Bitcoin has confirmed blow-off wave 5 within iii (orange) by printing ATH, aiming now for $150k-$170k.
After that, expect a retracement (iv) to follow, with claims of a top, before wave v completes ⑤, ending the bull market.
It was early January 2021.
$BTC in week 4 of price discovery.
$ETH 20% below all-time highs.
$DOGE at its first pause.
$BTC.D had reversed.
The next 4 months brought a historic altcoin run as capital rotated and mania hit.
It's early December 2024.
$BTC is on week 5 of price discovery.
$ETH 20% below all-time highs.
$DOGE at its first pause.
$BTC.D has reversed.
Prepare...
#Altcoins
We haven't often seen a bearish MACD-Cross (3W) for the $BTC-Dominance, but when this signal happened, it predicted the biggest Altcoin-seasons in crypto's history so far.
The next bearish cross is imminent.👀🔥
Another MAJOR signal for Altcoins.