The bitcoin energy-value model currently estimates bitcoin at $50k.
* It is two times cheaper to buy bitcoin than to mine it.
* Exchange liquidity are depleting since 2020
* Next halving in 8 months
* Several big spot ETFs on the verge of being approved
* Inflation still around
IMO, the only reason bitcoin could fall short to medium term from here is if there's a huge economic shitstorm.
Otherwise god candle incoming 🚀😎
Bruce Høpper
npub12e8…re7a
2023-09-16 14:43:36
Author Public Key
npub12e8zrykjcn0nxgjvzhtc0ngpwt7gcln20t7k00xrlr35gltktxqsuxre7aPublished at
2023-09-16 14:43:36Event JSON
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"content": "The bitcoin energy-value model currently estimates bitcoin at $50k.\n\n* It is two times cheaper to buy bitcoin than to mine it.\n\n* Exchange liquidity are depleting since 2020\n\n* Next halving in 8 months\n\n* Several big spot ETFs on the verge of being approved\n\n* Inflation still around\n\nIMO, the only reason bitcoin could fall short to medium term from here is if there's a huge economic shitstorm.\n\nOtherwise god candle incoming 🚀😎",
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