The current Bitcoin $BTC drawdown mirrors that of 2017-2018.

@bitcoins

#BTC

https://www.tradingview.com/x/NBHRTcnE/

This whole area is a range and BTC swept some lows as it was expected for a while and seems to be forming a descending channel which is a bullish pattern normally ending with a double bottom showing some bullish divergence...

As long as it remains inside channel it's okay and should be a bullish consolidation!

Red path is the one you don't want to see BTC following... Orange is the one I mentioned above with double bottom and still with the possibility to sweep more lows tapping liquidity.

@Bitcoins

LocalBitcoins will discontinue its service

https://localbitcoins.com/service_closure/

@bitcoins

🔹Pairs: GFT/USDT and GFT/BTC
🔹Deposit: now open (network: BEP20)
🔹Trading: 10:00 AM on February 13, 2023 (UTC)

https://twitter.com/kucoincom/status/1623987341319884801

📍 Follow @Coins for the hottest news in crypto.

12 years ago BTC hit the $1 mark

@bitcoins

₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: Mississippi Senate passes historic bill protecting #bitcoin    mining 🇺🇸

“It shall be legal in the State of Mississippi to run a node for the purpose of home digital asset mining” and “operate a digital asset mining business”

https://twitter.com/DocumentingBTC/status/1623674546980106241

@bitcoins

Jeff Currie, Global Head of Commodities Research at Goldman Sachs, identifies Bitcoin's asset class in the broadcast of Bloomberg.

"It is a commodity [since] commodities do not have liabilities."

@bitcoins

PayPal held $604M of customers' crypto as of year-end 2022, according to its annual report to the U.S. SEC.

$BTC: $291million
$ETH: $250 million
$LTC & $BCH: $63 million

At the end of September 2022, the company held $690 million in crypto.

@Bitcoins

"It took $BTC 6 months to get 1,000 users; 5 years to find 1 million users.

Today, 14 years from inception, it has 300 million+ users, 4% of the world.

At current growth rates, 1 billion users will be hit in the next 3 years. That's 12% of the world."

©️ Willy Woo, Bitcoin analyst

@Bitcoins

While Bitcoin’s correlation with risk assets has weakened in 2023 stabilizing around .5, its correlation with safe-haven gold has risen to its consistently highest levels in over a year.

@Bitcoins

Unrealized profits exceed losses hinting at renewed hope in the system.

@Bitcoins

Bitcoin vending machine in Germany 🇩🇪

@Bitcoins

Bitcoin Halvings Roadmap 👆🏼

Despite the fact that the last Bitcoin will be mined in 117 years, $BTC circulating supply will exceed 93.7% during the nearest 2024 halving.

@Bitcoins