Good news for BTC🔥

TODAY - 85,000 merchants in Switzerland can now accept #Bitcoin through €4.8 billion payment firm Worldline. 🇨🇭

https://t.me/Cash_Blockchain_News

​The world's largest asset manager has taken a stake in #bitcoin mining.
BlackRock allocated over $382 million to shares of Marathon Digital Holdings & Riot Blockchain.

@Bitcoin_Magazine

​#Bitcoin August closing price $47,156 .. like clockwork

@Bitcoin_Magazine

​The “China Ban” sell-off lasted just 4 weeks.

Miners have been accumulating #Bitcoin  since early July and haven’t stopped since.

@Bitcoin_Magazine

​#Bitcoin Transaction Count has been on a steady increase since July and is now back to the same levels seen in mid May.

Retail investors are starting to pick up on the Bitcoin rally

@Bitcoin_Magazine

​Bitcoin  to 200K📢

How?

For Every Cycle, #Bitcoin  was topping @ 2.272Fib Extension of the previous Bear Market Fib Structure

if this Repeats, Current Cycle Top is 200K

This can happen ONLY if $BTC manages to close Q3 above 59K (Quartly Resistance)🚨

Details on Chart
Share🔥

@Bitcoin_Magazine

​People can buy a cup of coffee in El Salvador using #BTC / $BTC and they not paying any fees for that 👌

Moreover , for every lightning transaction the Merchant (Starbucks), saves 1-3% that would normally go to VISA/Mastercard.

#Bitcoin is a win/win for everyone 🚀

@Bitcoin_Magazine

​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.

🚀🤯🚀🤯

@Bitcoin_Magazine

​When the #Bitcoin market experiences significant price moves, we can assess the change in profitable on-chain entities to gauge zones of cost basis concentration.

Approximately 8.6% of on-chain entities (wallets with the same owner) have a cost basis between $43k and $48k.

@Bitcoin_Magazine

​Sept 2020 simulation?

#Bitcoin 

@Bitcoin_Magazine