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#Bitcoin Update

We are still not close to the peak. If you think we have seen or will see the final pump in the next days or weeks, NO. We will go much higher. The Satoshimeter is 13 today, which is a midpoint.

Legend: The Satoshimeter leverages on-chain data to track Bitcoin market cycles. It has shown a strong correlation with key phases of the Bitcoin cycle. Values around 1.6 typically mark the low points of bear markets, as seen in years like 2011, 2015, 2019, and 2022. The Satoshimeter also has the potential to signal absolute market peaks. By analyzing on-chain metrics, this indicator provides valuable insights into Bitcoin's price movements. Developed

Total stablecoin value tops Terra-era peak to near $200 billion

New all time high in ETH ETF flows relative to BTC flows (87%).

$90m ETH inflow vs $103m for BTC yesterday.

ALTCOIN SEASON

Bitcoin dominance fell to 57.41% from its previous high of 61.75% on Nov. 21.

USDT strengthens dominance, now 72% of the $133B stablecoin market, up from 50% in 2022.

Weekly mints exceed $3B, matching 2021 bull market levels, with $13B minted since November, according to IntoTheBlock.

When $ETH breaks this Resistance level, probably in few weeks, I think it’s going straight to $8000-$10,000.

Buying more ETH at Every dip. 🚀

BTC Scottie Pippen calculated for us how many years it took for different investment instruments to turn starting $5,000 into $1 million.

Bitcoin Fear and Greed Index

#Ethereum is about to explode!💥

#Bitcoin is about to make a huge bounce!💥