Bitcoin breaks 57k by darkflame

bitcoin · @darkflame · Oct 11 '21

$2.50

Bitcoin breaks 57k

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BTC just keeps doing its thing. You can't stop the blockchain! With everyones bank and their business getting into crypto now, buying the ATHs, we could still see 100k by 2022.


![image.png](https://files.peakd.com/file/peakd-hive/darkflame/23t72k99VrpsZjtHUzoGX5sn46p1t6EDEmV25r27S6E8ELepukCMVj8G5dCP39YxBjiQU.png)
https://bitcointicker.co/stamp/btc/usd/7days/

Bitcoin dominance is still rising, up to 44.59% from 40.47% just <a href="https://peakd.com/bitcoin/@darkflame/bitcoin-rose-in-mid-september-2021">22 days ago</a>. This seems to be volume from selling Alts, but what if BTC falls again? It will be tough for those hodling their BTC.

![image.png](https://files.peakd.com/file/peakd-hive/darkflame/23wMW8b1XkNYhuBinTRZ92RQnyFD8QS8LpXmtdtCADSDZBNgTYjKnsu3dnerndPY614CU.png)
https://coinmarkets.today/

By the time BTC rises over 50% again, will we see a new all time high?

> #### "“The setup for a short squeeze had been primed this week as bears shorted $50K resistance,” NYDIG, a financial service firm that focuses on bitcoin, wrote in a report on Wednesday. "

I am not the only one predicting a bear market, as <a href="https://www.marketwatch.com/story/a-major-crypto-hedge-fund-manager-expects-bitcoin-to-tumble-once-the-sec-greenlights-a-bitcoin-backed-etfheres-why-11633876418">crypto hedge fund analysts</a> suggest. However, for all these warnings of caution, as https://coin.dance/stats shows, you don't want to bet against BTC.


![image.png](https://files.peakd.com/file/peakd-hive/darkflame/23t8CoZwSgb7c7JXnFryPhxVt4yb2fuxzFfLF8X7zsngRWKGaYoqfUsBTytPtn9CzJFCk.png)

https://coin.dance/stats

### 940 days until the next halving
(approximately, 09 May 2024 07:46:38 UTC)
https://www.bitcoinblockhalf.com/


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👍 nathanmars, frankbacon, gohive, phusionphil, vempromundo, kristall97, ahmetay, steemvpn, astrocreator, rawbe, pieternijmeijer, zelegations, cooperclub, sagadahoctrott, timhorton, californiacrypto, hivecannabis, minerspost, myrv, darkpylon, beco132, hive-vpn, trezzahn, taseli, plusvault, logiczombie, cerberus-dji, josseangel, memepress, beemd, dogesrevni, mk-leo-token, haxxdump

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properties (23)vote details (33)

voter	rshares	pct
frankbacon	367,451,452,814	100%
phusionphil	78,435,454,618	100%
nathanmars	1,567,465,442,120	20%
ahmetay	27,396,298,907	26.8%
vempromundo	74,754,697,404	100%
californiacrypto	4,907,039,632	50%
minerspost	4,221,971,787	100%
darkpylon	3,604,009,005	100%
memepress	1,615,491,491	50%
beco132	3,025,647,174	80.42%
kristall97	35,855,784,165	10%
rawbe	11,148,812,816	100%
haxxdump	135,698,286	10%
steemvpn	20,035,263,306	100%
logiczombie	2,087,405,044	50%
mk-leo-token	142,601,668	100%
zelegations	7,660,335,492	100%
timhorton	6,160,786,420	100%
cerberus-dji	1,847,577,308	100%
hivecannabis	4,867,940,422	100%
plusvault	2,131,472,202	100%
josseangel	1,654,461,414	100%
gohive	84,245,511,022	100%
beemd	1,435,978,250	50%
hive-vpn	2,635,281,728	100%
dogesrevni	538,628,381	100%
pieternijmeijer	11,132,214,616	100%
cooperclub	6,812,703,033	100%
astrocreator	11,448,684,905	50%
sagadahoctrott	6,746,729,135	100%
taseli	2,211,792,790	100%
trezzahn	2,306,290,102	100%
myrv	3,999,413,396	100%