Bitcoin price 170625
Trading higher today, Bitcoin is showing no signs of stopping.
https://bitcointicker.co/stamp/btc/usd/1hr/
I have been keeping my eye on the price of BTC, drawing pitchforks and drawing sine waves, looking at parallel channels, even drawing my own half hour candles, and now using emojis.
https://www.bitget.com/trading-bot/spot/BTCUSDT
I don't know if anyone can tame BTC when it is inherently mathematical.
https://bitcoincounterflow.com/charts/m2-global/
As M2 money continues to expand worldwide, with wars and rumours of wars, and failing trust in institutions, what options do we have? What can we count on in a world of uncertainty?
Last Block: 901667
"A total of 774.49 BTC ($81,480,345) were sent in the block with the average transaction being 0.6965 BTC ($73,275.83). AntPool earned a total reward of 3.13 BTC $329,294. The reward consisted of a base reward of 3.13 BTC $329,294 with an additional 0.0314 BTC ($3,303.46) reward paid as fees of the 1,112 transactions which were included in the block."
http://blockchain.com/explorer/blocks/btc/901667
No one really knows what is going to happen, but the next block only took 5 minutes.
Latest Block: 901668
Here is my parallel channel, low Net volume is a Burn, Spark is high net Vol.
https://www.bitget.com/trading-bot/spot/BTCUSDT
A blue water drop is high Net volume, and the Island is when volume descends. You can infer various motivations but since BTC is decentralized and full of market makers and traders all taking profit or buying Bitcoin for various positions, we can only witness the free market forces at work.
Pending Mempool stacking up--
You can push your transaction into the mempool and it will get stamped by the next block winner.
This looks complicated, but it's really just hands reaching out and shaking other hands.
And between each block, other trades are made,
some bets turn out and others don't, but hodlers hodl.
We are still waiting for the next block. I am watching Bitget BTC/USDT charts here.
Bitcoin market cap dominance is 61.56%, up from 61.54% three days ago.
Will you buy BTC in June?
https://www.bitget.com/trading-bot/spot/BTCUSDT
Waiting for the dip?
Update
Next Block: 901669
"A total of 14,282.94 BTC ($1,494,398,611) were sent in the block with the average transaction being 3.4625 BTC ($362,275). Unknown earned a total reward of 3.13 BTC $327,486. The reward consisted of a base reward of 3.13 BTC $327,486 with an additional 0.0765 BTC ($8,004.06) reward paid as fees of the 4,125 transactions which were included in the block."
This is not Technical Analysis, just observations over time.