2 days ago I looked at the Bitcoin Power Law and Stock-To-Flow. Yesterday I bought some Bitcoin and I will continue to through the end of the year. *While the breakout is a sign of confidence, I suspect it may be short lived as there are still several weeks of the Bear cycle remaining in my opinion, however I could be mistaken.* Therefore the chance to buy is merely a window of opportunity that may indeed close quicker than we think.
Bitcoin is $77,405 USDT

https://www.bitget.com/trading-bot/spot/BTCUSDT
Up from $64,129 USDT in my last update 4 days ago.
This hour, BTC is up +0.47%.

https://bitcointicker.co/stamp/btc/usd/1hr/
Over the past 3 days Bitcoin is up +19.67%
If you bought Bitcoin last week you are happy today!

https://bitcointicker.co/stamp/btc/usd/3days/
https://images.hive.blog/1536x0/https://files.peakd.com/file/peakd-hive/darkflame/23wr5TpD2nqVpfPJVS1f2Uic67oTm5hGuHScZBZTuKimtWhEo4FqfVTbz7sJrdfaCwkPX.png


https://bits.monospace.live/
"A total of 2,821.46 BTC (73,742.07). Unknown earned a total reward of 3.13 BTC 242,012 with an additional 0.0331 BTC ($2,562.46) reward paid as fees of the 2,963 transactions which were included in the block."
https://www.blockchain.com/explorer/blocks/btc/963485

Is this the bottom? Can it go lower and if so, how low?

https://www.tradingview.com/symbols/BTCUSD/

https://www.coingecko.com/en/coins/bitcoin

$100 USD = 0.0012,9229 BTC
https://images.hive.blog/0x0/https://files.peakd.com/file/peakd-hive/darkflame/23tc1LTWLNZHYaf4vt2WR5RnkgoPS8SvceznAc6zLemdzY6gUc6v8aHxhkD1oP7LaLNY3.png
0.0012,9755 BTC = $100 CAD
Will you buy more BTC in August 2026?
This is not financial advice, just observations over time.
Do your own research!
https://images.hive.blog/0x0/https://files.peakd.com/file/peakd-hive/cvault/23wBg83V7B2u3t4feGGEmoTsWq9pmvoSdHGzFCGFr8sCLpPNk7EwUpXq68gnBRGw14YT1.png
@Darkflame
Replies (1)
The breakout looks very promising and in my view it is getting more and more likely 58k was the bottom. Once
We cross 80-82k sustainably the bull is back imo.