Key insights

• 📈 Bitcoin closed the month above 60k, erasing last month's gain, still up 36% year to date
• 📊 Stock-to-flow model at a gray dot, marking the halving, average price around 34,000
• 🔮 Flow model predicts target of 500k by 2028, anticipation for market peak in 2025
• 💹 Bitcoin price predictions for 2025 suggest exponential returns until 50% adoption, onchain transactions signal continuing bull market
• 🔄 Bitcoin RSI has normalized, 200-week moving average serves as conservative floor in bull markets
• 💰 Realized price and femon realized price are crucial support levels in bull markets for Bitcoin
• 💸 Sellers took 7% profit in a bull market, Bitcoin profits dropped, comparison to previous years' patterns
• 🔍 Speculation on potential market trend based on historical patterns

Q&A

• What is the significance of sellers' profits in the current market?

  Sellers took 7% profit in a bull market, which is considered significant in traditional finance. Bitcoin profits have dropped, and the current market situation is being compared to previous years' patterns for speculation on potential trend.

• What are the important support levels in bull markets for Bitcoin?

  Realized price and femon realized price are crucial support levels in bull markets for Bitcoin. Historically, dips in the market have bounced on these realized prices, and the two-year realized price is plateauing, indicating a support level for the market.

• What do the technical indicators for Bitcoin suggest?

  Bitcoin RSI has normalized and surpassed previous levels. Red dots on RSI likely indicate higher levels, suggesting a potential bull market with steep price increases. The 200-week moving average serves as a conservative floor, currently at 34,000.

• What are the Bitcoin price predictions for the future?

  Bitcoin price predictions for 2025 and beyond suggest exponential returns until 50% adoption. Onchain transactions signal that we are still in a bull market. Technical indicators such as RSI are positive, despite normal market dips.

• What does the Bitcoin stock-to-flow model indicate?

  The stock-to-flow model is at a gray dot, marking the halving. It predicts increasing prices with a target around 500k by 2028. Error decreases after each halving, and there is an expectation for the price to slowly reach the model value, with a projected reach of 100k in 2024 due to mining revenue recovery.

• What is the current status of Bitcoin's price?

  Bitcoin closed the month above 60k, erasing last month's gain and is still 36% up year to date. The average price is around 34,000, below the 2019 prediction but still significant.

• 00:00 Bitcoin closed the month above 60k, erasing last month's gain. It's still 36% up year to date. The stock-to-flow model is at a gray dot, marking the halving. The average price is around 34,000, below the 2019 prediction but still significant.
• 02:12 Bitcoin flow model predicts increasing price with target around 500k by 2028. Error decreases after each halfing. Expectation for price to slowly reach model value, with a projected reach of 100K in 2024 due to mining revenue recovery. Anticipation for market peak in 2025.
• 04:30 Bitcoin price predictions for 2025 and beyond suggest exponential returns until 50% adoption, despite normal market dips. Onchain transactions signal we are still in a bull market. Technical indicators are positive.
• 06:30 Bitcoin RSI has normalized, surpassing previous levels. Red dots on RSI likely to indicate higher levels, suggesting a potential bull market with steep price increases. 200-week moving average indicates a conservative floor, currently at 34,000.
• 08:27 Bitcoin realized price and femon realized price are important support levels in bull markets for Bitcoin. Historically, dips have bounced on these realized prices.
• 10:32 Sellers took 7% profit in a bull market, which is considered significant in traditional finance. Bitcoin profits have dropped, and the current market situation is being compared to previous years' patterns.