This is a great invalidation for immediate bullish sentiment.
If we close below this now, we will probably head to the bigger gap below ~64K
#DailyCryptoNews
💼 Top crypto news for Friday, June 7
📌 Peru adopts India's UPI system to boost financial inclusion.
📌 Bybit opens registration to Chinese nationals overseas.
📌 CoinGecko confirms email provider data breach, over 23,000 phishing emails sent.
📌 FTX creditors object to bankruptcy reorganization plan.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
BTC Average Yearly/Anually Return
So I made some calculations and got to these conclusions.
For easier calculations I admitted that we would end up 2024 at around the 75K mark (very bearish).
So here are the average yearly returns since:
Since 2010 to end of 2024 is 211% annually.
Since 2011 to end of 2024 is 143% annually.
Since 2012 to end of 2024 is 110% annually.
Since 2013 to end of 2024 is 105% annually.
Since 2014 to end of 2024 is 52% annually.
Since 2015 to end of 2024 is 72,5% annually.
Since 2016 to end of 2024 is 77% annually.
Since 2017 to end of 2024 is 72% annually.
Since 2018 to end of 2024 is 27% annually.
Since 2019 to end of 2024 is 65% annually.
Since 2020 to end of 2024 is 59% annually.
Since 2021 to end of 2024 is 26% annually.
Since 2022 to end of 2024 is 15% annually.
Since 2023 to end of 2024 is 110% annually.
These numbers are absolutely crazy.
However, it’s also true that we are only talking about a 15 year span and the data might be considered insufficient for some.
I would like to add some additional calculations:
If we for example kept on getting the lowest annual return ever recorded (15% since 2022):
- In 5 years (end of 2029) we would be at roughly 150K$ per coin
- In 10 years (end of 2034) we would be at roughly 303K$ per coin
I would consider this to probably be the lowest expectations we could have right now (very bearish).
If we take a look at the last 10 years however (since 2014) and make some calculations we get to a fair annualized return of 57,5%. In this case, and I think this would be a very possible case we would have:
- In 5 years (end of 2029) we would be at roughly 750K$ per coin
These values would be pretty reasonable but still very very bullish in my understanding.
In my personal opinion, and after lots and lots of calculations and data analysis I won’t get into much detail for now because it would make the post much much more complex for those of you to understand and even to edit, I got to two annualized return values that I would like to call the bullish annualized return and the bearish annualized return.
Now, the bullish annualized return would have a value of roughly 29% stable annualized return for years and years to come. Using this value we would get the following results:
- In 5 years (end of 2029) we would be at roughly 268K$ per coin
- In 10 years (end of 2034) we would be at roughly 957K$ per coin
In my personal opinion and after every research I went through I think these values are pretty much the expected ones by most people, hence ending up supporting my calculations and analysis.
Not forgetting the bearish annualized return, let’s get to it to wrap this up. The bearish annualized return for years and years to come that I ended up on is 19% stable annualized return. Once again let’s make the calculations:
- In 5 years (end of 2029) we would be at roughly 179K$ per coin
- In 10 years (end of 2034) we would be at roughly 427K$ per coin
Well, I guess this is the end of my post. If you read all the way down here I would like to thank you.
Once again, I might be correct, I might not, however I will stand by my calculations and support my strong beliefs.
Keep stacking, keep HODLing. Stay safe everyone.
$BTC cagr.
Save it
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But I dont want the price to come back lower than 6.5 now
If we start getting daily closes below 6.5 then I will cut this position
In crypto I am waiting for NEAR to come to 6-6.5 in this small green box.
This will keep the price bullish and then another push up
Can anybody guide how to scape this high price impact ? I have to forgo about about 50% when try to swap a sol-based coin on phantom wallet ?
Читать полностью…Where possible can you tell us again the earlier trades that are still ok to enter ?
Читать полностью…Just some things I hope the trends will catch on. DiamondHandsprojects then some recurring numbers.
Читать полностью…Telegram launches in-app currency ‘Stars’ for digital purchases
Telegram has launched “Telegram Stars,” a new in-app token that can be used to purchase digital goods and services on the platform.
Developers can swap their Stars for Toncoin via Fragment, a platform mostly used to buy and sell Telegram usernames. They can also use Stars to further promote their apps on Telegram.
But I was thrown off positions in BTC..Didnt get my 53K for entry as well.
Majorly in alts like OP/ETH/SOL
I think overall BTC looks really good and healthy.
Unless you are in leveraged positions, I think its time to hold some positions until probably late july/Aug.
#DailyCryptoNews
💼 Top crypto news for Thursday, June 6
📌 Binance reinstates crypto buys with Visa, Mastercard payments.
📌 Robinhood to buy Bitstamp crypto exchange to enable institutional trading in US.
📌 McDonald’s metaverse debuts in Singapore.
📌 Meta faces backlash in EU for AI data usage without user consent.
📌 New law grants US president power to block digital asset access.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
These tokens have a high risk/ high reward ratio, and i bought a small bag on pre sale, The dev is @ryansmith666 who previously created Meme Lordz so an experienced Dev
Читать полностью…Guys , the token i was talking about has ended the pre sale and will go live soon on dex, this are the details from the pre sale
Читать полностью…Because of the trilemma they chose security and get l2 to sort scalability and cost i think
Читать полностью…