Bitcoin
Rising wedge on diminishing volume.
Money flow descending.
Enthusiasm waning .
Hallmarks of an impending biblical rug pull pic.twitter.com/HOZyVjn8Eq
— The Great Martis (@great_martis) December 13, 2024
Yes: new record ETH shorts https://t.co/JgHSowelt4 pic.twitter.com/Gnzh39dcMT
— zerohedge (@zerohedge) December 13, 2024
NEW: Chamath predicts a 2-5 year window before quantum computing becomes advanced enough to potentially break Bitcoin’s encryption. pic.twitter.com/Y1FX3z6KYi
— Bitcoin News (@BitcoinNewsCom) December 13, 2024
The amount of people that believe $BTC will never trade at $31K again is truly shocking actually
I’ll pray for their souls, may their greed and arrogance not blind them before they end up being exit liquidity 🙏🙏🧖 pic.twitter.com/BQ8yvu9GnI
— Mr Wolf ⋈ ττ (@Wolfquant) December 13, 2024
Bitcoin’s $1M price requires 10x increase in mining costs and energy.
If Bitcoin is to Reach the Lofty $1 million Plus Price Target… then Mining Costs & Energy Consumption will have to Surge 10X
Something that isn't considered by the Bitcoin Maxis who promote $BTC going to $1-10+ million…
Is the Proof of work Cost.
Why? Because the Bitcoin… pic.twitter.com/lkZhW1Nhvh
— SRSrocco Report (@SRSroccoReport) December 13, 2024