✅Grayscale’s #Bitcoin fund was converted to an ETF, continues to experience outflows w/ -$444 million on 3/19 📉
On-chain data shows about 1.876 million #Bitcoin, or 9.5% of the total supply, have been acquired above $60,000 level
Miners production cost for 1 #Bitcoin right now is approx 50k$
In less than one week after halving, it will be approx 100k$
It means buying bitcoin at 60k$~ today is similar to buying it around 30k$ a few months ago
Maybe we chop few days after halving but it won't take much time for #Bitcoin to rally from here to 120-140k$ or even higher
Most people aren't bullish enough
In less than one week after halving, it will be approx 100k$
It means buying bitcoin at 60k$~ today is similar to buying it around 30k$ a few months ago
Maybe we chop few days after halving but it won't take much time for #Bitcoin to rally from here to 120-140k$ or even higher
Most people aren't bullish enough