Bitcoin time: 532,275 | E124
**DISCLAIMER: This is not investment advice, do your own research.**
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Price: $6717 | 1 finney: $0.67
Daily 200 SMA: $8917
Mayer Multiple: 0.75
Okex Futures: (Sep) $6742 (spread $25)
CME Futures: (Jul) $6715 (Sep) $6725 (open interest 2,850 / 14,250 btc)
Bitmex Futures: (Sep) $6714 (Dec) $6722
Longs / Shorts: 34,500 / 24,100 (1.44)
In general, I’m 5 year bullish, 20 year bearish
Above a long term support line back from 2009 through 2016 lows, 2017 lows
Below $1375 resistance.
Ascending triangle is usually bearish
Central banks will go to a gold backed crypto.
I’d expect range bound until sovereign debt crisis
There’s a new theory about China controlling the gold price and pegging it to the CNYUSD price.
Bloomberg Crypto reserve regulation
MARKET – TXS
Market Cap: $115 B
Global Bitcoin MC: $271 B
Maximalist Price: $15,800
On chain vol (24h): 1.2 mil btc ($8.2B)
Avg tx val (24h): 5.52 btc ($37 k)
Median tx Val (24h): 0.065 btc ($435)
Difficulty: est. -3.54% (last 3: 5%, 2%, 15%)
Mining profitability: $0.34 THash/day
Blockchain size: 206 GB
Median on chain fee: $0.14/tx
We’ve seen a slight uptick in the mempoo
1.5mb of 1 sat/b txs pending.
Bcash has been 20% less profitable for 3 weeks, sometimes 30%
ASICBoost can be 25% according to Dr Adam Back. https://medium.com/@jimmysong/mining-profitability-and-asicboost-ffdb779ef6dd
Merged PRs : 29
Closed issues : 22
Capacity: 80 btc
Max channel capacity is 0.16 btc.
Some guy that owns shitcoin.com a Bcasher maybe, has put in like 40 btc. It might be an attack, or used to FUD.
12 Mo. : 9 /100
30days : 65 /100
Trend : Both these time periods are showing reduced interest again. There has been a frenzy of media lately around Trump, so that could explain it, but this isn’t good for this rally. Be careful for the effects of FUD. Overly bullish out there.
General source: https://bitinfocharts.com/bitcoin/
Mayer Multiple: http://mayermultiple.com
Network stats: http://fork.lol/
Real time fees: https://tradeblock.com/bitcoin/
Fee chart: https://jochen-hoenicke.de/queue/#3m
Bitcoin github: https://github.com/bitcoin/bitcoin/pulse
LN testnet: https://explorer.acinq.co/#/
LN nodes: https://lnmainnet.gaben.win/#
LN stats: https://1ml.com/statistics
Google trends “bitcoin”: https://trends.google.com/trends/explore?q=bitcoin
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