Bitcoin price 060625

avatar
(Edited)


Just 5 days ago BTC was $105,194 USD

image.png
https://bitcointicker.co/stamp/btc/usd/7days/

After a very brief dip to $100,426, Bitcoin bounced back to $105,416

image.png
https://bitcointicker.co/stamp/btc/usd/24hr/

Why is this happening?!?!

image.png

(Read my old post from September 2023.)

Stock to flow suggests we are halfway up the mountain.

image.png
https://charts.bitbo.io/stock-to-flow/

Here is a handy reference guide. "The height of the mountains ranges from 600 m to more than 8000 m. If the height of the raised land is less than 600 m, then these are called hills. Mountains are generally steep with sloping sides and sharp or rounded edges (ridges) and pointed rounded peaks."

image.png
https://geography-revision.co.uk/gcse/mountain-landscapes/

image.png
https://charts.bitbo.io/stock-to-flow/

Will BTC be able to test new ATHs with this bullish market? I heard that lack of liquidity is one thing holding BTC back right now-- there's not enough BTC for sale for some of these big institutions.

image.png
24 hr volume on these top traded coins is small. Just 420,000 BTC traded, out of circulating 19,875,206, is about 2.11%, but if 4 million BTC are in fact lost, that's more like 2.65%.

image.png
Gains today, VIRTUAL in top spot up +4.8%, with KAS following up +3.4%. FARTCOIN was just listed and is getting a +3.1% pump off that. POL (Matic) is up +2.8% to 0.2142 USD and Bittensor TAO is up 2.8%. What coins do you prefer over BTC?

image.png
https://bitcointicker.co/stamp/btc/usd/1hr/


Latest Block: 900,067

image.png
https://bits.monospace.live/

"A total of 10,206.69 BTC ($1,067,732,491) were sent in the block with the average transaction being 3.1242 BTC ($326,825). Unknown earned a total reward of 3.13 BTC $327,432. The reward consisted of a base reward of 3.13 BTC $327,432 with an additional 0.0482 BTC ($5,042.25) reward paid as fees of the 3,267 transactions which were included in the block."
https://www.blockchain.com/explorer/blocks/btc/900067

image.png


CoinMarkets.Today

Shows us that BTC dominance is strong, 61.58% up from 61.33% just 5 days ago.

image.png
https://coinmarkets.today/

image.png

"You only sell in a bear market if you are a good day trader or an illusioned noob. The people inbetween hold. In a zero-sum game such as this, traders can only take your money if you sell."
--GameKyuubi

image.png

Bitcoin is $105,022 USD at 12:02pm MST on 060625


@Darkflame



0
0
0.000
2 comments
avatar

Always a good read and chart watch when you post about BTC. 250k or bust!

0
0
0.000
avatar
(Edited)

The only thing more important than paying attention to the price & supply is consistently going for Coffee and buying BTC at the ATM, weekly. Night after night watching the price the blocks never stop falling. After a while you don't see the code anymore, you just see blonde, brunette, redhead...

image.png

https://bits.monospace.live/

0
0
0.000