Vic on Nostr: Today is October 20. We are 6 months post #Bitcoin halving. Compared to past cycles, ...
Today is October 20. We are 6 months post #Bitcoin halving. Compared to past cycles, this is the approximate time (give or take a month) that Bitcoin transitions to the next phase. Fiat valuation has settled out the pump for the ETFs from a year ago and are back on track. The average cost to mine a Bitcoin is still higher from current values offering an effective discount to those with fiat they want to sell. Good chane the weekly candle closes higher than 68000 USDs in a few more hours as the weekend has held strong.
vs USDs
1D +0.59%
5D +2.35%
1M +9.00%
3M +2.63%
6M +5.55%
YTD +62.99%
1Y +131.17%
Published at
2024-10-20 16:04:58Event JSON
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"content": "Today is October 20. We are 6 months post #Bitcoin halving. Compared to past cycles, this is the approximate time (give or take a month) that Bitcoin transitions to the next phase. Fiat valuation has settled out the pump for the ETFs from a year ago and are back on track. The average cost to mine a Bitcoin is still higher from current values offering an effective discount to those with fiat they want to sell. Good chane the weekly candle closes higher than 68000 USDs in a few more hours as the weekend has held strong. \n\nvs USDs\n1D +0.59%\n5D +2.35%\n1M +9.00%\n3M +2.63%\n6M +5.55%\nYTD +62.99%\n1Y +131.17%\n\nhttps://i.nostr.build/QZw7fZuN0CKo1Vz4.jpg\n\n",
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