Bitcoin is no price floor – looking for alpha

Bitcoin is no price floor – looking for alpha
фото показано с : bitcoints.com

2018-6-30 18:06

What the chart claims to show is this – there is somehow a trailing breakeven price at which Bitcoin has historically traded above.
Using a 1.8x average Price/Breakeven (the latest novel effort to fit a relative value multiple to Bitcoin price), he thinks Bitcoin (BTC-USD) should trade at ~$36k by 2019 YE.
Thus, the Bitcoin supply schedule is fixed as long as the lowest cost producer remains in production.
Flaw #2 – Bitcoin Miners Are Not Producers Unlike commodities, Bitcoin miners have no control over the overall supply of bitcoin.
Until both these flaws are adequately addressed, I find it hard to buy into the Bitcoin “breakeven floor” narrative.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 65382.93 (-0.50%)
Объем 24H $40.873b
Изменеия 24h: -3.15 %, 7d: -3.55 %
Cегодня L: $65277.56 - H: $68096.1
Капитализация $1307.373b Rank 1
Доступно / Всего 19.996m BTC / 21m BTC

bitcoin price breakeven relative value fit effort

Источник: bitcoints.com

bitcoin price → Результатов: 126


Фото:

Bitcoin reveals a rare bullish cycle bottom signal before bouncing as futures bears tighten their grip

Bitcoin is flashing its most oversold signal on record amid its continued price struggles in this current macroeconomic environment and persistent exchange-traded fund (ETF) outflows. According to CryptoSlate data, BTC's price dipped to around $62,700 over the last 24 hours, while its weekly relative strength index (RSI) printed roughly 25.

2026-2-26 21:10


Bitcoin Active Addresses Fall To 2020 Lows Following $83,000 Failure — What To Expect

The Bitcoin market has seen a horrific tale over the week, with the price recording a downturn of more than 12%. As the flagship cryptocurrency tests its $77,000 price support, data from recent on-chain analysis has been put out, which suggests that investors might have more concerns in the near-term. Related Reading: Bitcoin MVRV Z-Score […]

2026-2-1 12:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

UK moves toward blockchain gilt issuance with HSBC digital bond pilot

Britain is preparing to test blockchain technology in its sovereign debt market, appointing HSBC and law firm Ashurst to lead a digital gilt pilot expected later this year. The move puts the UK on course to become the first G7 nation to issue government bonds on a blockchain network.

SFC greenlights crypto margin lending and perpetual trading in Hong Kong

Hong Kong is widening the scope of regulated crypto activity as its market enters a new phase of development. The Securities and Futures Commission said on Wednesday it will allow licensed brokers to offer virtual asset margin financing and set out a framework for perpetual contracts on licensed trading platforms.

Tether invests $150m in Gold.com to expand tokenised gold exposure

Tether is stepping further into tokenised real-world assets with a strategic investment in Gold. com, signalling a deeper commitment to blockchain-based gold exposure. The stablecoin issuer’s investment arm has acquired an approximately 12% stake in the precious metals platform, a deal valued at $150 million.