Here's an update on the Bitcoin daily stock-to-flow model vs. current $BTC price.
Find out more in the blog we published in March 2024: "What is bitcoin's target price?" >>> https://lnkd.in/ecaqzTyg
What IF more and more countries start to build a strategic bitcoin reserve?
Source: Radar
🚨 In case you're wondering how real the FOMO is in crypto:
Coinbase, $COIN, just became the 2nd most downloaded finance app in the app store. Just last week, it was the 33rd most downloaded finance app. All as Bitcoin just hit $90,000 for the first time in history. Tomorrow, will Coinbase become #1 ??? Source: The Kobeissi Letter
BREAKING: Ai company Genius Group adopts Bitcoin as its primary treasury asset and will buy $120m $BTC
Genius Group will also start accepting Bitcoin payments. "We see Bitcoin as being the primary store of value that will power these exponential technologies" Source: Bitcoin Archive
BREAKING: Prediction markets are now pricing in a 38% chance that we will see Bitcoin to $100,000+ THIS YEAR.
Since the election, the odds of Bitcoin hitting $100,000 in 2024 have skyrocketed from 8% to 38%, according to Kalshi. .There is also a 49% chance of Bitcoin hitting $90,000+ by the end of this year. Source: The Kobeissi Letter
BREAKING: The market cap of Bitcoin is now officially larger than the market cap of silver, at $1.736 trillion.
Bitcoin is now the 8th largest asset in the world. Source: The Kobeissi Letter
Bitcoin balance on exchanges just hit an all-time low.
Is a supply shock incoming??? Source: Vivek @Vivek4real_
A VERY IMPORTANT CHART: Bitcoin vs. global M2 ->
One month later, it's tick for tick.. It seems it could be going much higher... Source: zerohedge.com, Bloomberg
