less's avatar
less DrJeff@primal.net 11 months ago
GM The average monthly closing price of #bitcoin in 2024 was: $67,727 In 2023, it was: $29,869 In 2022, it was: $27,793 In 2021, it was: $47,029 In 2020, it was: $12,315 This matters for people who are living on a Bitcoin standard. (Note: These average values are based on the monthly closing price of bitcoin on TradingView, and quickly calculated by me and my calculator. It's possible that I made a mistake somewhere.)

Replies (12)

Janis's avatar
Janis 11 months ago
A slightly off-topic question, but would really appreciate your answer. How do you view the 10y2y yield curve as a leading indicator of recessions? Specifically the idea that the yield curve “un-inverting” leads a recession by some 4-12 months? Happy New Year!
H.W.'s avatar
H.W. 11 months ago
I've been doing some similar calculations with annual % return. Coingecko has historical data you can access quickly. FYI for future reference. Thanks Doc!
₿illy 's avatar
₿illy 11 months ago
GM and Happy New Year Dr. Jeff! Do you personally live on a bitcoin standard? As in holding zero USD? If so, curious what services you use to facilitate this?
Default avatar
Deleted Account 11 months ago
GM! Let’s keep the trend going in 2025 as #bitcoin pursues price discovery in the year of institutional catch up
AfterSound's avatar
AfterSound 11 months ago
This would put 2025 average monthly closing around $252k.
Bitcoin Boomer's avatar
Bitcoin Boomer bitcoinboomer@nostrplebs.com 11 months ago
Cool! I've crossed over and started living a more bitcoin standard lifestyle. I still have a fiat bank account, because some things can only be paid with checks at this time, but I'm excited for this change. Thank you, @jack mallers and @strike for pushing me across the finish line, and for everyone else who nudged me closer to that point over the years. Bitcoin wins, and we win the more we embrace it.
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