​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
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@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

​#Bitcoin hash rate is rebounding, reaching the highest level since mid May today.

@Bitcoin_Magazine

​Coinbase holds its lowest total of #Bitcoin reserves since Q4 2017.

While other exchanges like Gemini and Binance have grown in size, Coinbase- by far the largest exchange- now holds just 709K Bitcoin, a reduction of more than -30% since December of last year.

@Bitcoin_Magazine

​Data from Glassnode shows that in the past month, huge transactions (> $10M) on the #Bitcoin chain has grown rapidly, with the highest proportion exceeding 70%, setting a record high.

@Bitcoin_Magazine

​It's more than just resistance.

#Bitcoin  is in a bi-weekly RSI channel for over 10 years dating back to the original cycle.

Next touch on upper line is probably 2021 top.

Bottom line marks bear bottoms and probably will again.

@Bitcoin_Magazine

#BITCOIN JUST MADE A NEW ALL TIME HIGH 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

@Bitcoin_Magazine

​#Bitcoin hash rate has mostly rebounded after a precipitous drop-off in May.

@Bitcoin_Magazine

​#Bitcoin 🚀

@Bitcoin_Magazine

El Salvador’s volcano mining operation received a #BlockstreamSatellite connectivity upgrade this week with Blockstream CSO @Excellion aiding in the installation. Watch the news coverage of the 🇸🇻🌋 mine receiving #Bitcoin blocks from space.

@Bitcoin_Magazine

Tectum team showcases instant #Bitcoin payments using SoftNote. Mass Adoption is already here! Time to buy $TET
Tg Group is here!