Bitcoin price 070923

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(Edited)


Some weeks it is easier to keep track of the price, some weeks not as much. I decided a long time ago to keep my eye on the ball, at least. I don't know what is going to happen, but pretty much exactly what I suspected and may have suggested has unfolded. Will there be lower lows? Probably.

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

Will there be higher highs? Inevitably. I don't have all the answers but I have a lot of questions and you can see my curiosity and follow along here, as I keep my eye on the price of BTC.

$25,778 USD at 9:40am on 070923

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9:43am the past three hours reveal BTC are coming down from an uptrend.

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https://bitcointicker.co/stamp/btc/usd/3hr/


BTC has 46.42% dominance today followed by 18.12% in Ethereum.
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https://coinmarkets.today/


The price of BTC is still too high but all the gains from the past 3 months have been eliminated.

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https://bitcointicker.co/stamp/btc/usd/3Mth/

It seems likely to me that there could be more downside to come.

BTC is still up 28% over the past 6 months.

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There were 854 days between
May 1st 2018 when BTC was $9,024,

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and Sept 7 2020 when BTC was $10,359.

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During this time BTC dropped all the way to $3,221.98 USD.

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https://www.coingecko.com/en/coins/bitcoin

This is one reason why I suspect BTC will trend lower for a while, at least until after the next halving. What if BTC trends even lower for longer? 854 days from Today September 7th, 2023 is January 8th, 2026. Will BTC punish the network while trending lower in 2024 and 2025? If there is upside in 2026 will it only come after shaking out all but die hard hodlers? Will you sell your BTC for Altcoins?

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If this really is altcoin season, what coins have real value when BTC drops? Silver? Gold?

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For now at least, Bitcoins till seems to be trading sideways.
https://bitcointicker.co/stamp/btc/usd/1hr/


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15 comments
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keep up the good work

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Looking at your pie chart, it still blows my mind that DOGE did what it did and still has value.

Thanks for the write-up, and keep up the good work!

!ALIVE
!PGM
!PIZZA
!LOL
!DHEDGE

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@darkflame! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ mirroredspork. (1/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS - 0.01 WOO - 0.005 SCRAP tokens

remaining commands 2

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

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!ALIVE does this work? I guess we will find out! Thanks so much for your comment.

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@darkflame, sorry! You need more $ALIVE staked to use this command.

The minimum requirement is 1000.0 ALIVE staked (non-delegated stake plus incoming delegations).

More $ALIVE is available from Hive-Engine or Tribaldex, plus you can win Alive Power delegations in our daily chat on @alive.chat every day.

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(Edited)

Thanks for the information! I staked what I had and I am just shy! 995.0733

*Update:
I bought 27 more so now I have 1022.7579 ALIVE staked.

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This post has been selected for upvote from our token accounts by @mirroredspork! Based on your tags you received upvotes from the following account(s):

- @dhedge.bonus
- @dhedge.leo
- @dhedge.bee
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@mirroredspork has 2 vote calls left today.

Hold 10 or more DHEDGE to unlock daily dividends and gain access to upvote rounds on your posts from @dhedge. Hold 100 or more DHEDGE to unlock thread votes. Calling in our curation accounts currently has a minimum holding requirement of 100 DHEDGE. The more DHEDGE you hold, the higher upvote you can call in. Buy DHEDGE on Tribaldex or earn some daily by joining one of our many delegation pools at app.dhedge.cc.

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