Bitcoin Hits $100K: A Historic Milestone and What’s Next for Investors

Explore the latest developments in the Bitcoin landscape, from its remarkable rise to $100k and the strategic implications of a potential Bitcoin reserve to insights on market cycles and ETF trends.

Bitcoin Hits $100K: A Historic Milestone and What’s Next for Investors

💵 Welcome to the Bitcoin newsletter for long-term wealth creators.

📈 Bitcoin Price - 3 Months

Source: https://www.bitcoinmagazinepro.com/bitcoin-price-live/

🌡️ Bitcoin Temperature

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1: Extreme Fear - 5: Extreme Greed
Be greedy when there is fear in the market and fearful when there is greed.

This article explains how to use the Bitcoin temperature to make your Bitcoin investment decisions. The Bitcoin Temperature is now available on my website and updated every Wednesday.
Source: https://www.sandeepgoenka.com/btc-metrics/btc-temperature
Source: Source: https://www.sandeepgoenka.com/btc-metrics/btc-temperature

🗞️ Bitcoin Bytes

  • In August, I wrote a post on Bitcoin's price prediction based on the Monte Carlo Simulation. The current price is between the average and 95% percentile, showing that Bitcoin is in the optimism zone.

You can read the post below on using the price simulation for risk management.

Forecasting Bitcoin Prices: A Monte Carlo Simulation Approach
In the volatile world of cryptocurrency, predicting Bitcoin’s future price is a challenge that intrigues investors and enthusiasts alike. Today, we’ll explore a powerful tool that can help us understand potential price ranges: the Monte Carlo simulation.
  • From $100 to $100k—Bitcoin’s incredible journey! Relive the historic moment when @CNBC first covered Bitcoin, which had crossed $100 in 2013.
  • 'DIGITAL GOLD': Senator calls for Trump to create a Bitcoin strategic reserve.
  • As Bitcoin hits $100k, investors must understand market cycles. Howard Marks explains the key mistakes investors make and how to avoid them.
  • With Bitcoin crossing $100k, record-breaking ETF flows are making headlines! 🚀 Eric Balchunas breaks it down in this insightful video.

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Please email me comments, feedback, or questions. See you in the next block.
Sandeep Goenka

DISCLAIMER: I am not a certified financial advisor. This newsletter should not be considered financial advice and is for information purposes only. Please do your research.