POR QUE O BITCOIN ESTÁ CAINDO TANTO? | Vale a pena comprar Bitcoin agora? #btc

Summary

The video script discusses the recent downturn in Bitcoin's value, attributing it to four main factors: the financial pressure on miners due to halving events, selling pressure from Bitcoin ETFs, government sales, and the aftermath of the Mt. Gox hack. Despite the drop, the narrator sees this as a potential buying opportunity, noting that large investors and governments are accumulating Bitcoin. They also reference historical patterns suggesting that Bitcoin's long-term upward trend remains unaffected by short-term volatility.

Takeaways

• 📉 The Bitcoin price has experienced a significant drop from around 69,000 to 57,000, even touching 54,000, within the last month, which is a decrease of 17.37%.
• 🔄 Bitcoin is known for its volatility, with historical drops of 30-50% during the Bull Market, making the recent 20% drop less unusual.
• 🤔 The script raises the question of why Bitcoin is falling despite the expectation that it should rise, and suggests that this could be an opportunity to buy more.
• 🛠 The Bitcoin mining process involves high costs for hardware and energy, and the halving event has reduced mining rewards, leading to miners selling Bitcoin at a loss to cover costs.
• 📊 Cryptoquant statistics indicate that the daily mining revenue has dropped by about 75%, which is causing miners to sell Bitcoin at lower prices.
• 📉 The script presents a chart showing the average mining cost of Bitcoin at around 71,000, compared to the market price of 57,000, indicating a loss for miners.
• 💼 The script discusses the selling pressure from Bitcoin ETFs, which were in high demand earlier in the year but are now contributing to the downward price trend.
• 🏦 It mentions the potential for increased selling pressure due to governments and the aftermath of the Mt. Gox hack, where investors may sell recovered Bitcoins to realize profits.
• 🌐 The script suggests that large investors, or 'whales', are using the current dip as an opportunity to accumulate more Bitcoin, indicating a long-term bullish sentiment.
• 📊 The script refers to the 'multiple of maer' indicator, which compares the current price of Bitcoin to its 200-day moving average, suggesting that prices below this average could be a good buying opportunity.
• 💻 The speaker demonstrates their own purchase of Bitcoin during the dip, using the Bitbank app, and encourages viewers to consider doing the same if they believe in the long-term value of Bitcoin.

Q & A

What is the main topic discussed in the video script?

The main topic discussed in the video script is the recent decline in Bitcoin's price and the factors contributing to it.

What was the price range of Bitcoin mentioned in the script?

The price range mentioned in the script is from a high of 69,000 to a low of 54,000.

What is the significance of the 'halving' event in Bitcoin mining?

The 'halving' event in Bitcoin mining is significant because it reduces the mining reward by half, making mining less profitable and potentially leading to increased selling pressure by miners.

What does the script suggest about the behavior of Bitcoin miners during a price drop?

The script suggests that Bitcoin miners, facing reduced rewards and high operational costs, may have to sell Bitcoin at a lower price than their mining costs to cover expenses, contributing to the price drop.

How does the script relate the selling pressure to Bitcoin ETFs?

The script relates the selling pressure to Bitcoin ETFs by stating that with the decrease in Bitcoin's price, the demand from institutional investors, who were initially attracted by the price increase, has diminished, leading to a decrease in capital inflow.

What are the 'four factors' mentioned in the script that contribute to Bitcoin's price drop?

The four factors mentioned are: 1) Selling pressure from miners due to reduced mining rewards and high costs, 2) Selling pressure from Bitcoin ETFs due to decreased demand, 3) Sales by governments and 4) Sales related to the Mt. Gox hack recovery.

What is the Mt. Gox situation mentioned in the script?

The Mt. Gox situation refers to a historical event where the Bitcoin exchange was hacked in 2011, resulting in the loss of 740,000 Bitcoins. The script mentions that the recovered Bitcoins are being returned to the affected investors, which could potentially add to the selling pressure.

How does the script describe the typical behavior of Bitcoin's price after the 'halving' event?

The script describes that after the 'halving' event, there is usually a period of lateralization where the price doesn't immediately rise, leading to disappointment and selling among investors who expected an immediate price increase.

What is the 'multiple of maer' mentioned in the script, and what does it indicate?

The 'multiple of maer' is the ratio of Bitcoin's current price to its 200-day moving average. If the price is significantly above the 200-day average, it indicates an overextension and potential for a price correction. If the price is below the 200-day average, it could indicate a good buying opportunity.

What action does the script's speaker take regarding Bitcoin during the price drop?

The speaker in the script takes advantage of the price drop to make additional purchases of Bitcoin, believing it to be an interesting moment to buy.

What is the speaker's view on the ideal amount of Bitcoin to hold in one's portfolio?

The speaker suggests that the ideal amount of Bitcoin to hold in one's portfolio should be more than zero but less than 100, to improve the portfolio while acknowledging the uncertainty of the future.