XBSIndex“September 2021 Bitcoin price floor is above $43K.”
What they posted
Bitcoin is below $34K, triggered by Elon Musk's energy FUD and China's mining crack down. There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K https://t.co/hDONOVgxH1
Why it's Truth
Price check (strict-v4/balanced+price): crypto BTC, rule: close above 43000.0 on 2021-09-30. Close rule: period-close wording (month): judged as close_above on 2021-09-30 instead of reach_at_least by 2021-09-30. CoinMarketCap is the preferred close; no CMC API key is configured, so the closes are the Coinbase and Bitstamp exchange daily candles (UTC), labelled as backup closes. Result: Truth - close 43824.43 on 2021-09-30 vs target 43000.0. Coinbase Exchange: true - close 43824.43 on 2021-09-30 vs target 43000.0 {"close_day": "2021-09-30", "close": 43824.43} (https://api.exchange.coinbase.com/products/BTC-USD/candles?granularity=86400&start=2021-06-13T00:00:00Z&end=2021-10-01T00:00:00Z) Bitstamp: true - close 43834.43 on 2021-09-30 vs target 43000.0 {"close_day": "2021-09-30", "close": 43834.43} (https://www.bitstamp.net/api/v2/ohlc/btcusd/?step=86400&limit=1000&start=1623542400&end=1632960000) Kraken: unavailable - window older than Kraken's 720-day public history {} (https://api.kraken.com/0/public/OHLC?pair=XBTUSD&interval=1440&since=1623542399)