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The last time bitcoin was at $50k google search trends was above 90.
Today Bitcoin is RIPPING through $52k & google search trends are BELOW 20. Retail is still sleeping - which is rather a good sign from a contrarian point of view Source: Luke Mikic
BREAKING: Bitcoin has officially crossed above $1 trillion in market cap for the first time since December 2021.
Since December 2022, Bitcoin has added ~$700 billion in market cap. For the first time since April 2022, the total market cap of crypto is above $2 trillion. Source: Kobeissi Letter, Barchart
What's the craziest Bitcoin chart in the world right now?
Answer: $BTC in Egyptian Pound $EGP ... Source: Erik Dale
Bitcoin' Electrical Cost, the rock solid historical price floor for Bitcoin, is at $31.6K today.
It will double in 63 days. Source: Capriole, Charles Edwards
Stock-to-Flow (S2F) simplified: ALL bitcoin upside is around halvings.
If you split BTC price in 2 parts, one around halvings (green) and one between halvings (red), then you see that ALL gain is around halvings. Ergo: halvings/S2F/scarcity is the root cause of BTC value. Source: PlanB @100trillionUSD
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