Bitcoin price 220423

about 1 year ago

Bitcoin is down nearly 10% this past week, if this was Nasdaq we would call it a Dot-Com Burst, or the Dow a Global Financial Crisis. To BTC this is just a normal day.

So much for that 30 day Pump, it has now dumped. -10% means discount

There is a long way to fall though, the past 6 months we saw some gains.

I don't know the future, but what I can say is that there are people who want to buy.

And a whole lot of them want to buy at $6400. 2230.59 * 6400 = $14,275,776 wishing they could get BTC at 2017 prices. There's also another $15,195,118.98 waiting to buy BTC at $14,169 so if you get the opportunity, remember these prices.

$100 CAD of BTC today is 0.0026,4746.
264,746 Satoshis! That is a lot.

Sellers are in control, not buyers. There are only 1,646,538 left to mine, over 92% of the BTC that will ever exist is already in circulation. You need to get it while you can.

19,353,463/21,000,000 = 92.16%

One million millionaires will be very disappointed to discover they cannot buy 1 BTC for a million dollars, likely sometime around the year 2026.

Rising demand and limited supply should continue to push the price higher. Although BTC price is volitile, it has defied us all and continue to rise. Fractional ownership means that no matter what the price is, users can always buy what they can afford. Today, you can get around 0.00002649 BTC for just One Loonie.

(Bitcoin price flashback, EpicDiffusion1.1)

Flashback!

Why listen to me? What do I know.
I am just making observations across time.

Bitcoin is over $14,228 CAD!! Its up to 27,621 USD now. It is good to have some perspective. How many days ago was February 19th 2018? 1888 days. Another 1888 days will be July 9, 2030. Will BTC be higher than 27,621 USD?

Last BTC update April 4th 2023
($21,809 to $27,619 on April 22 2023)
Countdown 1888 days to July 9th 2030.