Nothing new. Just another update on what we already know. "We" meaning all of us in the world looking at these charts.
Still anticipating a large drop. My guess is that it will at least make it to 14K and then 10K or less. Of course, that can change.
"What Is a Satoshi?
A satoshi is the atomic unit of bitcoin; each bitcoin is divisible into 100,000,000 satoshis, which are often abbreviated to sat(s). The satoshi is named in honor of Bitcoin’s founder, Satoshi Nakamoto.
On the Bitcoin blockchain and in its source code, all amounts of bitcoin are denominated in satoshis. These amounts are only converted to bitcoin for familiarity and readability."
Right now each satoshi is worth 0.0002 cents. From a supply/demand perspective, that is a tremendous amount of supply.
Unless it starts to ht large demand spikes, it has a way to go o the downside. Better prices are likely.
My opinion of course.
Still anticipating a large drop. My guess is that it will at least make it to 14K and then 10K or less. Of course, that can change.
"What Is a Satoshi?
A satoshi is the atomic unit of bitcoin; each bitcoin is divisible into 100,000,000 satoshis, which are often abbreviated to sat(s). The satoshi is named in honor of Bitcoin’s founder, Satoshi Nakamoto.
On the Bitcoin blockchain and in its source code, all amounts of bitcoin are denominated in satoshis. These amounts are only converted to bitcoin for familiarity and readability."
Right now each satoshi is worth 0.0002 cents. From a supply/demand perspective, that is a tremendous amount of supply.
Unless it starts to ht large demand spikes, it has a way to go o the downside. Better prices are likely.
My opinion of course.