Ten-year Treasury yield daily close: 2.97%
Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index ; Ether is the CoinDesk Ether Price Index ; Gold is the COMEX spot price. Information about CoinDesk Indices can be found atMost indicators suggest bitcoin is approaching the middle or end of a bear market. For example, the realized price model, which is an estimate of the average cost basis of all BTC in supply, is $23,600.
"Historically, the overall market cost basis or realized price has been a very sound cycle support level, with 84.9% of bitcoin trading days closing above this level. In other words, only 15.1% of trading days have closed below the realized price," Glassnode, a crypto data firm, wrote in aTo confirm a low, BTC would need to return above the realized price level, similar to what occurred at the end of previous bear markets.
For now most investors find themselves in middle of times of uncertainty, but as the saying says: a crisis is a door to a new opportunity. Come and learn about $CANU and join the cannabis revolution💰🍃
This will be a while and could last all summer. Until then I'd rather buy and hold a project like BIT wherein you get rewarded through airdrop from the treasury, and the whole DAO stays secure through members engaging through voting
NewsAsset and intocryptoverse and invest_answers what does the trio think about this? Are we there yet?
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