Bitcoin price 030924

avatar

image.png

Since May, as BTC has fallen from over 60k to where it is today, BTC dominance has RISEN.

May 11 2024 BTC was 50.59% of crypto according to this chart I watch, and I take screenshots and share them over time to help give us all some perspective not only of the current state of the chains but also the dynamic currency flows between them, at least in a general sense.

"This hour Bitcoin has fallen from a high of 61,069 down to 60,771.
Did you buy BTC during the past 3 months?
The 3 month Bitcoin high was $73,794 USD."

https://peakd.com/bitcoin/@darkflame/bitcoin-price-in-8-months

image.png
https://coinmarkets.today/

Today September 3rd 2024 I can see that BTC is now 53.97% of all crypto market capitalization. From 73,794 down to 57,916 lots of buying is taking place. Will BTC surf the 50s in September, or will this short lived dip precede a rapid rise in BTC price vs fiat currencies as M2 surges worldwide?

image.png
https://fred.stlouisfed.org/series/M2SL in July 2024= 21,054,400,000,000 [21 Trillion]

image.png
https://www.bitcoinmagazinepro.com/charts/global-liquidity/

21 Trillion US Dollars!

If the market cap of Bitcoin were $21 trillion, each Satoshi would be worth approximately $0.01.
image.png
https://bitcointicker.co/stamp/btc/usd/3Mth/

And BTC would be $1,000,000 per coin. 0.001 BTC would be worth $1000 USD !

156672160_5381487028558736_3063835438461752649_o.jpg

The time is 12:01pm on Sept 3 2024

Latest Block: 859,725

image.png

"A total of 5,878.17 BTC ($339,172,927) were sent in the block with the average transaction being 1.9116 BTC ($110,300). AntPool earned a total reward of 3.13 BTC $180,602. The reward consisted of a base reward of 3.13 BTC $180,602 with an additional 0.0878 BTC ($5,066.10) reward paid as fees of the 3,075 transactions which were included in the block."
http://blockchain.com/explorer/blocks/btc/859725

I don't know for sure if BTC will ever reach 1m but within my lifetime it seems reasonable.

image.png

One day there could be billions of Bitcoin wallets. BTC continues to surprise all of us.

Do your own research, these are just observations over time.


[ Swap BTC on SideShift.Ai ]
Donate 5 HBD Donate 10 HIVE
If you like my efforts please consider Delegating
10 HP | 50 HP | 100 HP | 500 HP |1000 HP | 5000 HP

Send SWAP.BTC ! (Sign Up) Follow & Trail
--> How To Start Curating <---
"Stop by the Pizza House anytime!"
(Ask for a slice of PIZZA token!)
CLEAN THE PLANET
Hive White Paper
Minutes Template

@Darkflame



0
0
0.000
5 comments
avatar

It will be best to buy BTC in this season if one has the money
It’s gonna be a great investment

0
0
0.000