2 days ago I looked at the Bitcoin Power Law and Stock-To-Flow. Yesterday I bought some Bitcoin and I will continue to through the end of the year. While the breakout is a sign of confidence, I suspect it may be short lived as there are still several weeks of the Bear cycle remaining in my opinion, however I could be mistaken. Therefore the chance to buy is merely a window of opportunity that may indeed close quicker than we think.
Bitcoin is $77,405 USDT
https://www.bitget.com/trading-bot/spot/BTCUSDT
Up from $64,129 USDT in my last update 4 days ago.
This hour, BTC is up +0.47%.
https://bitcointicker.co/stamp/btc/usd/1hr/
Over the past 3 days Bitcoin is up +19.67%
If you bought Bitcoin last week you are happy today!
https://bitcointicker.co/stamp/btc/usd/3days/
Explore
Last Block: 963,485
"A total of 2,821.46 BTC ($218,504,940) were sent in the block with the average transaction being 0.9522 BTC ($73,742.07). Unknown earned a total reward of 3.13 BTC $242,012. The reward consisted of a base reward of 3.13 BTC $242,012 with an additional 0.0331 BTC ($2,562.46) reward paid as fees of the 2,963 transactions which were included in the block."
https://www.blockchain.com/explorer/blocks/btc/963485
Is this the bottom? Can it go lower and if so, how low?
https://www.tradingview.com/symbols/BTCUSD/
https://www.coingecko.com/en/coins/bitcoin
$100 USD = 0.0012,9229 BTC
0.0012,9755 BTC = $100 CAD
Will you buy more BTC in August 2026?
This is not financial advice, just observations over time.
Do your own research!
The breakout looks very promising and in my view it is getting more and more likely 58k was the bottom. Once
We cross 80-82k sustainably the bull is back imo.