CryptosNeed

Ether continues to lag behind leading cryptocurrency Bitcoin as recently-debuted exchange-traded funds fail to kindle greater demand for the second-ranked token trib.al/2PhQTH5

@BitcoinMagazine Ooh that's a very nice news, bullish beyond belief in fact.

✨ Exactly 11 years ago today, #Bitcoin was officially added to the Oxford English Dictionary "A system of electronic money ... without the need for a central bank." 💫

Looser monetary policy is coming. Powell made that clear. But #BTC dominance still likely goes higher in the short-term. Last cycle, dominance did not top until after rate cuts and QE began. 60% should still be on the menu.

@benjamincowen I hope so, but people now are more informed so the patterns may occur earlier or later than usual

Bitcoin Fear and Greed Index is 48 — Neutral Current price: $62,887

@BitcoinFear ooh it dipped below 50, wonder if it goes up again in that range

Bitcoin touched $65,000, lifted by reviving demand for dedicated US exchange-traded funds amid signs that the Federal Reserve is set to loosen US monetary policy trib.al/jIxFKLe

NEW: Hong Kong ETF issuers are calling on South Korea to approve #Bitcoin ETFs 🇰🇷 When, not if 🚀

@BitcoinMagazine Another nation joining in, soon the whole world will be on Bitcoin train

#BTC Market Cycle ROI

@benjamincowen Hahaha the volatility and ever changing nature of crypto and in general markets, I remember t he post of yours from like 1-2 days ago and it was full green

Bitcoin Fear and Greed Index is 55. Greed Current price: $63,977

@BitcoinFear Nic nice I wonder how long we stay here

#Bitcoin was 40 years of work.

@BitcoinMagazine Time for history lesson. Gotta learn yuor history whatever feild yuo aer ni

I was a traditional institutional investor before I became a bitcoiner. I noticed most traditional institutional investors (including myself) go through 3 bitoin stages: Stage 1) You are in awe about the almost exponential growth from below $1 to $60,000 in 13 years. You can only see it and understand it when you look with logarithmic scale. 5 orders of magnitude in 13 years means this is a real phenomena! Note that most people never reach stage 1 because they only see a bubble or pyramid scheme (these people are the linear thinkers). Stage 2) When you start fitting curves through the data (exponential, logarithmic, power etc) and applying stats (with R2, st.devs t-stats and prediction bands), the stunning regularity hits you even more. Adoption, laws of nature, whatever, this pattern is indeed non-random and somewhat predictable! Stage 3) After 5+ years in bitcoin you start seeing deeper patterns: bitcoin has its own time (10min blocks) and its own cycle (4y halving cycle). It is fascinating that ALL bitcoin price gain is made in the 2 years around halvings and that the 2 years between halvings are net negative. This is what stock-to-flow (S2F) attempts to model, very simply (with just 1 variable) and very roughly (wide prediction bands). S2F model R2 is actually higher (97.7%) than a typical stage 2 model (94.7%). However, with only 4 halvings (2012, 2016, 2020, 2024), this pattern could still be spurious/random. Very interesting times ahead!

"Where will all the money come from?" .. this is the most frequently asked (and answered) question since my 2019 article! All the money that flows is bitcoin comes from .. other assets, like gold, real estate, bank accounts, stocks, bonds etc etc. It has been proven that adding bitcoin to a traditional investment portfolio improves its risk-adjusted return. So don't worry, the money will come!

#BTC Weekly Moving Averages 💫Join ITC Premium: intothecryptoverse.com