🇨🇭🙋♂️ #BTC Swiss citizens are pushing for an amendment to the country’s Constitution, urging the Swiss National Bank (SNB) to include Bitcoin alongside gold in its monetary reserves.
Currently, the Constitution mandates that the SNB hold gold as part of its strategic reserves. The referendum's initiators propose adding Bitcoin to this clause, emphasizing its potential as a modern and valuable asset.
Currently, the Constitution mandates that the SNB hold gold as part of its strategic reserves. The referendum's initiators propose adding Bitcoin to this clause, emphasizing its potential as a modern and valuable asset.
⛏️🤔 #BTC C.Q.: Declines in miner sentiment often signal potential bottoms in BTC prices. This chart suggests that investors can identify buying opportunities by closely monitoring miner sentiment data.
Recent periods show increased sentiment volatility, indicating high market fluctuations influenced by miner behavior. #mining
Recent periods show increased sentiment volatility, indicating high market fluctuations influenced by miner behavior. #mining
📊👀 #BTC is currently at the bottom of the historical range, closely following the trajectory of the 2nd halving cycle.
Even if it only follows the bottom of the range, there's still significant growth potential left for this year.
Even if it only follows the bottom of the range, there's still significant growth potential left for this year.
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🔮🗣 #BTC VacEck predicts that by 2050, Bitcoin will serve as a reserve asset for central banks. A 2% weight would lead to a staggering $3M price!
📊👀 Over 48,000 #BTC have been pulled from exchanges in the past week, valued at over $4.5 billion
📉👀 #BTC dominance continues to decline and against this backdrop, altcoins are showing significant growth.
🔮📈 #BTC Investment bank H.C. Wainwright says Bitcoin may go to $225,000 this year because of regulatory clarity and institutional adoption
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📉🤔 Interest in memecoins is currently at its lowest level since April last year, which may indicate a decline in the popularity of such cryptocurrencies among investors. #memcoin
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📊👀 Short-Term Holder (STH) Ratio for #BTC
The current STH ratio is 1.1, meaning short-term holders are, on average, seeing a 10% unrealized profit.
The STH ratio is important as it provides insights into the unrealized profit or loss of recent market participants, who tend to have a more speculative approach.
The current STH ratio is 1.1, meaning short-term holders are, on average, seeing a 10% unrealized profit.
The STH ratio is important as it provides insights into the unrealized profit or loss of recent market participants, who tend to have a more speculative approach.